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Sector Strategists: Where to Put Your Money Next

Two bullish strategists, Kim Caughey of Fort Pitt Capital Group and Stephen Wood of Russell Investments, recommended the best sectors for investors to put their money.

Recommendations:

Wood Likes:

Consumer Discretionary

“[Consumer] savings rate is going to be closer to 5.5 percent as opposed to 4, so I think that the consumer is going to be retrenching — but it’s clearly not dead,” Wood told CNBC. “So the lower end of consumer names will benefit.”

He suggested Wal-Mart and McDonald's .

Caughey Likes:

- Business Software

- Telecom

(What are Caughey's reasons? Watch the interview to learn more)

Disclosure:

No immediate information was available for Wood or Caughey.

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Top Business Software Stocks:

IBM

Oracle

Cisco Systems

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Disclaimer

Symbol
Price
 
Change
%Change
CSCO
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IBM
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ORCL
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WMT
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MCD
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