Stock Strategist: It's Time to Be 'Greedy'!
You want to be "greedy" and buy stocks when others are fearful, said John Rogers, chairman and CEO of Arial Investments.
“We’ve become very bullish over the last 6 to 9 months,” Rogers told CNBC. “I think we are really turning things around, I think the economy is going to come back at the end of this year and into 2010.
"Job numbers will lag, but the stock market always moves up in anticipation of the recovery.”
Rogers also said his firm was able to successfully weather the financial turmoil in March — and as a result, had the best month in 26 years.
“A lot of it was because we stuck with our bargain stocks while they were really out of favor and bought more in early March,” he said.
Rogers' Winning Stocks:
Jones Lang LaSalle
CB Richard Ellis
No immediate information was available for Rogers or his firm.