- Clinton: Indonesia Shows Islam, Modernity Coexist
- South Korea to Review Top Groups for Restructuring
- BOJ Keeps Rates Unchanged, Extends CP Deadline
- Baidu Earnings Miss Expectations, Sales Decline
- Asia Markets Edge Higher, Caution Lingers
- CBS Cuts Dividend but Profit Beats Estimates
- HP Cuts Full Year Outlook; Shares Fall
- What's Actually In Obama Housing Plan
- Housing Plan Helps Homeowners and Banks: Dimon
The Dow moved higher as President Obama started his first day in office. The market pros shared investment advice on CNBC.
Betting On Bank 'Survivors'
“You have an absolute opportunity to buy State Street [STT
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]. I bought it yesterday for three times earnings. Clearly I love the opportunity that exists in State Street.
"Morgan Stanley [MS
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] would be another one and also First Horizon [National] [FHN
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]…The risk remains in some regional banks that have outside exposure to commercial real estate development…”
-Tom Brown, BankStocks.com
Bullish On Biotech
"The way you play biotech is, you play the companies they use; if they're going to use a beaker that costs a hundred grand, you buy the companies that produce the equipment.
"You buy companies like Millipore [MIL
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] or Qiagen [QGEN
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], where you know their products are going to be used across a wide range of biopharma industries."
- Sarat Sethi, Douglas C. Lane & Associates
Investing In Telecom
"AT&T [T
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] reaffirmed their dividend again; I have no idea what three months is going to yield for us, but I want to get paid while I'm waiting. Verizon [VZ
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], still growing, taking market share, doing well."
- Ron Weiner, RDM Financial Group
For More Investment Advice On CNBC.com:
- Does Weird Option Trade = Big Steel Takeover?
- Pros Say: Tech Trumps Banks as Market Leader
- Charts Predict: Lows for S&P ... then More Lows






