CNBC Stock Blog
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- 3 Hot Mid-Cap Stock Picks: Portfolio Manager
- 'Nice Opportunities' in Health Care Sector: Stock Picker
- Stocks To Play With Health Reform: Analysts
- 4 Tech Stocks For This Holiday Season: Analyst
- Art Cashin: I'm Still Skeptical About Markets
- Rockwell Automation Earnings: What Options Are Saying
- Gold Will Touch Higher Lows and Higher Highs: Analyst
- Correction Coming When Fed Ends 'Easy Money': Market Pro
MOST SHARED
- Obama Sees Strains Unless US, China Balance Growth
- Can Apple Top Microsoft as Most Valuable Tech Firm?
- Future of Marketing
- Mad Mail: Buy the Berkshire Hathaway Split?
- European Commission Objects to Sun Micro-Oracle Deal
- GM CEO Starts Opel Charm Tour in Germany
- Framed for Porn – By a PC Virus
- A Year on, China's Stimulus Postpones its Problems
- Israel: Leader of Business Innovation
- Why Google is Paying $750 Million for Ad Mob
- Warren Buffett to Sell Stakes In Union Pacific & Norfolk Southern
- Nov. 9: Unusual Volume Leaders
- The Battered Businesses Behind Housing
- Modern Warfare 2's Record-Breaking Launch
- Merck’s Mega-Monday Morning
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- S&P Stocks Trading at New 52-Week Highs
- Peak Oil Closer Than IEA Forecasts Show: Report
- UK Most at Risk of Losing Top Credit Rating: Fitch
- GM CEO Starts Charm Tour at Opel in Germany
- Vodafone Extends Cost-Cutting Scheme, Hits Targets
- Bad Debt Weighs on Barclays Earnings
- HSBC Operating Profit Beats, US Bad Debts Slip
- Fed's Tarullo Backs Surcharges to Limit Bank Size
- Look Ahead: 'Risk On' Sentiment Could Fuel Rally Further
- 'Modern Warfare 2': Biggest Entertainment Event?
RSS FEED
Text Size 
CNBC News Associate
Strategists Dean Curnutt, president of Macro Risk Advisors and Daniel Frishberg, chief investment strategist at Laffer Frishberg, said they are weary of the financial stocks.
“Financials are very sensitive to consumers,” Curnutt told CNBC. “And the consumers’ biggest problem is housing and delinquencies on the mortgage side. [And] trends in those are not getting better.”
He recommended caution until further signs that the volatility in the financial sector subsides.
Frishberg said although there may be some pullback, the market rally has legs.
“People are appropriately moving their time horizon out a little bit,” he said. "Instead of it being by the week, it’s now 6-months to a year.”
Frishberg's Recommendation:
Frishberg advised investors to look into natural gas [US@NG.1
Loading...
()
], saying it will generate very reliable profits over the next 10 years.
“There’s no brand, so there’s not a lot of unexpected stuff,” he said of natural gas. “Natural gas is cheap compared to oil, and things like windmills, you have to have 70 percent natural gas power every time you build a windmill. We know how to do it, and we have plenty of it.”
Disclosure:
No immediate information was available for Frishberg or Curnutt.
______________________________
______________________________
CNBC's Companies in the News:
AT&T [T
Loading...
()
]
Wells Fargo [WFC
Loading...
()
]
Bank of America [BAC
Loading...
()
]
- Bank of America Can Meet Stress Test Needs: Lewis
- Finance Workers Finding Jobs, But Not on Wall Street
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes