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BlackRock’s Doll: Recovery Will Start in Second Half

The ‘green shoots’ are starting to show some leaves — and we’re getting more good news, said Bob Doll, vice chairman of BlackRock. (See below for his sector recommendations.)

“The market is saying that the worst is behind us,” Doll told CNBC.

“We’re having cyclical improvements despite our secular problems.”

He expects to see the beginnings of a “slow economic recovery” in the second half of the year.

Doll also offered investors his take on the best sectors to buy.

Recommendations:

Energy

Consumer Discretionary—Retailers

Technology

Health Care

Disclosure:

No immediate information was available for Doll or his firm.

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Top Retailers:

Wal-Mart

Target

Costco

BJ's

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Disclaimer