Two experts, David Lutz of Stifel Nicolaus Capital Markets, and David Kotok of Cumberland Advisors, weighed in on the best places to invest.
Lutz told CNBC’s investors to look into agriculture stocks while Kotok said investors should consider exchange-traded fund (ETFs).
Deere—“We have a “buy rating” for [Deere],” said Lutz. “Deere gets about 60 percent of its revenue from agriculture. If you have less food and higher food prices because of that, people will spend more money for agriculture equipment.”
Rydex S&P 500—An “equal weighted S&P 500 index”
SPDR S&P 500—A “capitalization weighted S&P 500 index”