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CNBC News Associate
Jim Iuorio, director at TJM Institutional Services, and Mike Khouw, director at Cantor Fitzgerald, weighed in on the best places to invest now.
Recommendation:
Khouw Likes:
Oil Services Sector—“We’ve seen a huge rally off the lows despite the fact that crude has been flat over the last 5 trading days,” Khouw told CNBC.
Khouw said he especially likes Schlumberger [SLB
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“[The company has] some exposure in the Middle East [and is] globally diversified in terms of their revenues.”
Iuorio Likes:
American Electric [AEP
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]—“They transmit, generate, and store electricity,” said Iuorio. “They use domestic coal and have invested a ton in clean coal technologies. They’ve invested a ton in 765-kV—transmission superhighway that transmits the wind power from the Dakota wind fields.”
Disclosure:
No immediate information was available from Khouw or Iuorio.
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CNBC's Companies in the News:
JPMorgan Chase [JPM
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Morgan Stanley [MS
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General Motors [GMGMQ
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Microsoft [MSFT
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Data is a real-time snapshot *Data is delayed at least 15 minutes