Enter multiple symbols separated by commas

Charts: Good Buying Opportunities in Stocks

There are good buying opportunities in the equity markets right now, Daniel Stillhart, technical analyst at LB Swiss, told CNBC Monday.

"Special cases" like McDonald's , Archer Daniels Midland and British American Tobacco have eluded the current bear market in the indices, according to Stillhart.

"Everybody tries to save money these days in the financial crisis and McDonald's profits from it," he said.

The fast-food company's stock is likely to test its previous high of $67, and if it breaks that, it may be heading to $70 a share, Stillhart said.

Soft commodities company Archer Daniels Midland recently hit its low of $13, which means that its stock is in an uptrend, and looks to climb to $31. If it rises above $31, Stillhart's next target for the agriculture group is $39.

British American Tobacco has further to go, according to Stillhart. He predicts the company's stock could rise to 1,940 pence ($31.62).

Contact Europe News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Europe Video

  • UK polls show race tied

    Who's going to walk into 10 Downing Street as the U.K.'s Prime Minister? Damian Lyons Lowe, CEO of Survation, weighs in with his thoughts on the U.K. party leaders.

  • Europe shares end mostly higher as euro rallies

    European equities closed mostly higher on Wednesday as investors reacted to a slew of earnings reports and new economic data, as the euro rallied against the dollar.

  • UK elections: Who's better for business?

    Ahead of the UK elections, Bill O'Neill, head of the UK investment office at UBS Wealth Management, talks about which UK political party would be better for business, especially with the heated discussion on an EU referendum.