David Sowerby, chief market analyst at Loomis Sayles, and Dean Barber, founder and CIO of Barber Financial Group, shared their investment strategies.
“I think it’s still a terrific environment on a micro-basis to buy companies at 6 to 7 times cash flow,” Sowerby told CNBC.
“The average stock is up 48 percent from the lows and we’ll probably get a pit stop here. But we’ve only retraced 25 percent of the original bear market. And valuations are quite compelling.” (Watch the video for the full interview.)