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CNBC News Associate
Jim Iuorio at TJM Institutional Services, and Larry Hatheway of UBS Investment Research weighed in on the best places to invest now.
Recommendation:
Hathaway Likes:
Technology
Energy
“Overall, we like the U.S. market,” Hatheway told CNBC. “Buy the U.S. market and [stocks] tilting toward things that are semi-cyclical.”
Corporate & Government Bonds
Iuorio Likes:
JPMorgan [JPM
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]—[The company] is not going to fail,” said Iuorio. “They already have the blessing of the U.S. government and they’re probably going to make money in this environment.”
Southwest Energy [SWN
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]—“Now that crude prices are creeping up again, I’m looking at the drillers,” he said of the company.
Disclosure:
No immediate information was available for Hathaway or Iuorio.
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Top Drilling Companies:
Contango Oil & Gas [MCF
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Chesapeake Energy [CHK
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Parker Drilling Company [PKD
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Data is a real-time snapshot *Data is delayed at least 15 minutes