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CNBC News Associate
We are at the beginning of a bull market right now, said 5-star fund manager, Bernard Lirola at Needham Aggressive Growth Fund.
“We had a climax of fears in March and I think we should forget all the panic we had,” Lirola told CNBC.
He said the economy still has a long way to go in terms of fixing its problems, but it is still a good time for investors to dive into stocks.
Lirola’s Recommendations:
Consumer Discretionary—“I think they’re getting much stronger and leaner and meaner,” he said of the sector. “As volume picks up in 2010-2011, they’re going to make a lot of money.”
Gilead Sciences [GILD
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Iron Mountain [IRM
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Express Scripts [ESRX
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Varian Medical [VAR
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Resources Connection [RECN
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Disclosure:
No immediate information was available for Lirola or his firm.
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