Analysts David Lutz of Stifel Nicolaus Capital Markets and Peter Kenny of Knight Equities shared their best recovery trade strategies.
Commscope — Lutz told CNBC that the company not only has a “massive customer” database in the United States, but in China, they’re one of the only non-Chinese suppliers authorized to sell to the big three telecommunications companies.
“A lot of these telecommunication companies are building out their mass transportation systems and improving buildings that have poor reception,” he said of China.
Infrastructure: “We’re seeing government pump stimulus money into railways [and] highways. This sector is the primary beneficiary to that kind of spending,” said Kenny.
Dry Bulk Shipping: “I love the dry bulk shippers and they’re a direct beneficiary of the infrastructure investment.”
No immediate disclosure information was available for Lutz or Kenny.
Key Dry Bulk Shipper Stocks: