CNBC Stock Blog
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
- Expect Tech Sector to Rise in Q4: Strategist
- Expect a 5-10% Market Pullback: Stock Picker
- 3 Stock Picks for This Volatile Environment: Portfolio Manager
- 3 Financial Stocks May Lead Final Rally: Market Researcher
- Gold's 'Money' Value is $4,000 to $11,000: Market Strategist
- Commercial Real Estate Bottom Near: Market Pro
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- U.S. Stocks Slip, Dollar Rises
- How Stock Investors Can Play Holiday Travel
- Time Lapse World Series Is A Great Play
- Hirschhorn: Greed...or Fear
- My Top 10 Tech Toys for the Holidays
- iPhone a Better Gaming Platform Than Android?
- May Day For Dendreon
- 100% Mortgage Financing From USDA
- MBS Program Should be Extended: Fed's Bullard
- Wall Street Finds Profits by Reducing Mortgages
- Microsoft, News Corp Weigh Online News Pact
- Warren Buffett, Bill Gates 'Walk & Talk' At Columbia
- Senate Democrats at Odds Over Health Care Bill
- What if a Recovery Is All in Your Head?
- Thanksgiving Week Stuffed With Economic News
- 10 Tips to Get Out of Debt
- This Season: Everybody's A Scrooge
RSS FEED
Text Size 
CNBC News Associate
People are racing to get into this market because they’re afraid to be the last bear standing, said Dan Genter, president, CEO and CIO of RNC Genter Capital Management. He shared his views on where investors should be putting their money to work.
“The big concern about September swoon has just been washed away by a tidal wave of excess cash on the sidelines,” Genter told CNBC. “As we go forward, the basic foundation that has been driving this market for the last two quarters is still here—that’s very strong. It’s accelerating earnings momentum and that’s not going to change.”
Genter said investors should look for opportunities in the technology and consumer cyclical sectors.
“We’re going to have some run in technology,” he said. “We’ve had a big run there but when you look at the world demand that we’re going to have, and we’re going to have a better Christmas than we think … I’d have some interest at least until November in consumer cyclicals.”
- Weak Dollar 'Positive' For These Sectors: Strategist
- Art Cashin: Fed's 'Reverse Repo' Program Won't Happen
Genter Likes:
Intel [INTC
Loading...
()
]
Cisco [CSCO
Loading...
()
]
Best Buy [BBY
Loading...
()
]
Kohl’s [KSS
Loading...
()
]
Staples [SPLS
Loading...
()
]
Kellogg [K
Loading...
()
]
Abbott Labs [ABT
Loading...
()
]
______________________________
Disclosure:
No immediate information was available for Genter or his firm.
______________________________
CNBC Slideshows:
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes