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BlackRock's Doll: Buy More Risk!

BlackRock vice chairman and global chief investment officer of equities Bob Doll says it's time to re-introduce risk into portfolios.

"My view has been that we're in a bottoming process, and I think that within portfolios, the uni-dimensional 'I only want quality' has to be augmented here," he told CNBC. "I think portfolios need to, slowly but surely, add some risk to them."

Recommendations:

He has some evidence to back up his assertion.

"I look at baskets of stocks," Doll explained. "My quality basket is Amgen, Kroger , and Exxon (Mobil), and my low-quality is Capital One(Financial), Toll Brothers, and Valero."

Doll's conclusion? He declared: "The second group handily beat the first group!"

Disclosures:

Disclosure information for Bob Doll was not immediately available.

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