CNBC Stock Blog
- 3 Safe Investments That Let You ‘Sleep Better:’ Strategist
- Beware of 'Trampling Effect' When Market Tops: Manager
- Gold Heading to $1150: Art Hogan
- More Upside if S&P Passes This Number: Market Pro
- Playing Activision and Other Video Game Stocks: Analyst
- Expect 'At Least' Another 10-15% Upside: Fund Manager
- Why are Options Bullish on This Smartphone Maker?
- Why are Traders Bullish on This Food Company?
- Profiting From Natural Gas: Strategists
- 3 Hot Mid-Cap Stock Picks: Portfolio Manager
MOST SHARED
- Apple Surpasses Nokia as Top Cellphone Maker by Profits
- Herbalife Vs. Hedge Funds
- China Factory Output Leaps to 19-Month Highs
- Gold Heading to $1150: Art Hogan
- Toll Brothers: More Contracts Signed, but Sales Down
- Cramer Jeers J&J, Applauds Abbott
- America Is On Sale
- Three Things the US Can Do To Stop the Dollar's Decline
- Adobe Cuts 680 Jobs, to Take Charge
- Beware of 'Trampling Effect' When Market Tops: Manager
- Gold Heading to $1150: Art Hogan
- Starbucks Brews Up Growth
- Farr: An Extended Period—No Fat Lady in Sight
- More Upside if S&P Passes This Number: Market Pro
- Murdoch Lashes Out At Google
- Fighting The Flu Vaccine Critics
- Nov. 10: Unusual Volume Leaders
- Shadow Inventory Dwarfs Loan Mods
- US Recovery to be Weak, Erratic: Top Fed Officials
- Retail Earnings in Focus Ahead of Shopping Season
- Apple Surpasses Nokia as Top Handset Maker by Profit
- In This Relay-Race Market, Who Gets Baton Next?
- Workers Staying Put at Their Jobs as Jobless Surges
- Toll Brothers: More Contracts Signed, but Sales Down
- Ponzi Proceeds: Bidding on Madoff's Toys
- Bear Stearn Fund Managers Not Guilty on All Counts
- Commodity ETFs: Returns May Not Match Expectations
RSS FEED
Text Size 
CNBC News Associate
Peter Andersen of Congress Asset Management Company and Steve Grasso at Stuart Frankel told CNBC how investors can prepare their portfolios for the weekend.
Recommendations:
Andersen Likes:
Universal [UVV
Loading...
()
]—“It’s a tobacco leaf merchant that pays a 5.5 percent dividend and has been increasing its dividend consistently for almost 40 years,” Andersen told CNBC.
“It’s paying out half its earnings in dividends so they will be pretty robust going forward. And it’s a pretty recession-resistant sector.”
Grasso Likes:
Occidental Petroleum [OXY
Loading...
()
]—This is a good stock to own in order to hedge against rising oil prices, said Grasso. “They are more levered to the price of oil than the [other companies]. They don’t have a refining business but a small chemical operation,” he said. “So if oil goes higher, they go higher.”
Visa [V
Loading...
()
]—“We have a credit card bill being signed, so everyone feared [Visa],” he said. “But I think a lot of the fear is factored in. JPMorgan [JPM
Loading...
()
] is switching a lot of its debit card action to Visa versus MasterCard [MA
Loading...
()
].”
The Credit-Card Bill:
______________________________
Disclosures:
Grasso's clients own shares of Visa, Occidental and MasterCard. Additionally, Grasso owns shares of Visa.
No information was available for Andersen.
______________________________
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes