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Stock Strategist: Look For New Names

Monday, 27 Apr 2009 | 5:27 PM ET

Investors have got to "look beyond the biggest names in the markets," said Jordan Kimmel at the Magnet Investment Group.

"Investors have to look for the new names with the revenue and margin acceleration," Kimmel told CNBC.

Despite the current “high wall of worry,” in the markets, “the market is actually acting fantastic,” he added.

Market Breakdown
Douglas Roberts, of Channelcapitalresearch.com; Jordan Kimmel, of the Magnet Investment Group; and John Manley, of Citi Smith Barney, break down today's market action.

Kimmel's Recommendations:

Technology

Basic Materials

Energy

Disclosure:

Of the above mentioned sectors, Kimmel owns shares of Terra Nitrogen, Discovery Holdings, Telecommunications System, Eldorado Gold.

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Top Technology Stocks:

Apple

Google

Microsoft

Amazon.com

Yahoo

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Disclaimer

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