CNBC Stock Blog
- 3 'Clear Sailing' Mid-Caps For Investors: Strategist
- Expect Stocks to End the Year Lower: Market Pro
- Wal-Mart To Continue Retail Success: Analysts
- Opposing Views on Coca-Cola Price Target
- How To Play China's 'Amazing' Run: Analysts
- Commercial Real Estate Best Place For Money: Strategist
- Enterprise Tech Companies to Focus On: Portfolio Manager
- This Chemical Company Will Rally into 2010: Trader
- 3 Safe Investments That Let You ‘Sleep Better:’ Strategist
- Beware of 'Trampling Effect' When Market Tops: Manager
MOST SHARED
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- USC Football Blog Leads All-Access Space
- Dollar Trouble, Oil's Bubble Could Derail Recovery
- Addicted to Easy Money?
- Credit Is Thawing, But Businesses Still Hesitant to Borrow
- Why Stronger Chinese Yuan Would Benefit US Investors
- Oil Tomorrow
- HPQ to Acquire 3Com
- What to Expect From Disney Earnings?
- HP's Shot Across Cisco's Bow
- USC Football Blog Leads All-Access Space
- Clowning Around At Work
- Ahead of Earnings Disney Restructures Studio
- Nov. 11: Unusual Volume Leaders
- 3 'Clear Sailing' Mid-Caps For Investors: Strategist
- Intimate Apparel Sales Heating Up: Maidenform CEO
- A Day On The USS Harry S. Truman
- Dollar Trouble, Oil's Bubble Could Derail Recovery
- Why Stronger Chinese Yuan Would Benefit US Investors
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- AIG CEO: I Remain 'Totally Committed' to Firm
- CNN Anchor Lou Dobbs Says He is Leaving Network
- A Day on the USS Harry S. Truman
- How the Droid and Google Threaten the GPS Makers
- Commercial Real Estate Near Disaster: Fund Manager
- This Town Will Pay YOU $10,000 to Buy a House
RSS FEED
CNBC News Associate
Jason Pride, director of research at Haverford Investments, and Andrew Kanaly, chairman of Kanaly Trust Company shared their outlook on the economy and where investors should put their money.
“It’s still a bear market rally and you’re going to see pullbacks all along the way,” Kanaly told CNBC. “This one may very well have some time to go.”
But Pride told investors that this is the “beginning of a new bull market.”
“We think that anybody out there saying that this is just a bear rally is way too hopeful that they’re going to find another bottom to get back in,” he said.
Recommendations:
Pride Likes:
CVS Caremark [CVS
Loading...
()
]
Walt Disney [DIS
Loading...
()
]
Air Products & Chem [APD
Loading...
()
]
In the meantime, Kanaly said while he is not entirely on the sidelines, this recovery has a long way to go.
“To look at this by normal economic projections, the serious indebtedness overhanging this economy is going to take years to unwind,” he said. “This is not your typical recovery.”
Kanaly Likes:
Emerging Markets
Kanaly Dislikes:
S&P Financial
S&P Consumer Discretionary
Disclosure:
No immediate information was available for Pride or Kanaly.
______________________________
______________________________









