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BlackRock's Doll Predicts Double-Digit Equities Growth in '09

Brooke Sopelsa|Writer/Producer
Monday, 12 Jan 2009 | 10:31 AM ET

Bob Doll, vice chairman and global CIO of equities at BlackRock, is calling for double-digit equities growth for 2009.

“When the year is said and done, risky assets will outperform safe ones, and equities will be right there with [them],” Doll told CNBC.

Doll's Outlook for '09
A look ahead of the possible double-digit equities growth in 2009, with Bob Doll, BlackRock vice chairman/global CIO

Doll predicts technology stocks will contribute to this equities growth.

“Technology’s been bounced around all over the place, and I think the multinational nature of technology, the fact that free cash flow and income statements are pretty good — I think this is an area that people will be watching," he added.

Doll’s favorite stocks in the sector are Hewlett-Packard and Accenture .

Disclosures:

Disclosure information was not available for Bob Doll or for his company.

Disclaimer

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  Price   Change %Change
ACN
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HPQ
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