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This is “certainly the time you want to start getting into the market,” said Arthur Hogan, managing director at Jefferies.
“We’ve had a significant run-up off the bottom,” Hogan told CNBC. “Start looking at energy, the reflating economy, companies that have hard assets and look for success through he summer and into the fall.”
Navistar [NAV
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“They’re on track into getting a government contract for defense vehicles and secured $300 million into ABS financing,” he said.
Disclosure:
No immediate information was available for Hogan or his firm.
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Top Energy Companies:
Chevron [CVX
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ExxonMobil [XOM
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Valero Energy [VLO
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