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Great Companies Come at Fair Prices

Friday, 5 Dec 2008 | 6:55 AM ET

"Buy great companies at fair prices, instead of fair companies at great prices," Mark Tinker, global portfolio manager at Axa Framlington Gemini, advised.

The U.S. 'nifty fifty' is a good place to invest, with steadfast companies like Johnson & Johnson , Wal-Mart , Colgate-Palmolive and McDonald's , as the stock prices are fair and as the bear market continues, these stocks will protect you, Tinker told CNBC.

They won't be the leaders in a bear-market rally, but they will be the leaders in a new bull market, Tinker added.

(To view full interview click here)

Disclaimer

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JNJ
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WMT
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MCD
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