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Current DateTime: 06:02:05 22 Nov 2009
LinksList Documentid: 30328029
10 Stock Picks for This 'Gradual Recovery'
Published: Friday, 13 Nov 2009 | 1:54 PM ET
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By: JeeYeon Park
CNBC News Associate

Markets rose on Friday on solid earnings reports from Disney and JCPenney. Joseph Keating, CIO of private asset management at RBC Bank, shared his market insight.

“We believe the economy has begun to expand,” Keating told CNBC. “It began in the third quarter and we think it will be a gradual recovery.”

However, Keating said the potential for a V-shape recovery in earnings is “very plausible.”

“So we think the market moves higher—we wouldn’t chase it, I’d average some money into the market, but we think it moves higher,” he said.

Keating’s Picks:

Kinder Morgan Energy Partners [KMP  Loading...      ()   ]

Plains All American Pipeline [PAA  Loading...      ()   ] 

Enterprise Products Partners [EPD  Loading...      ()   ]

Energy Transfer Partners [ETP  Loading...      ()   ] 

Progress Energy [PGN  Loading...      ()   ] 

Entergy Corp [ETR  Loading...      ()   ] 

Duke Energy [DUK  Loading...      ()   ] 

Sempra Energy [SRE  Loading...      ()   ] 

Scana Corp [SCG  Loading...      ()   ] 

Dominion Resources [D  Loading...      ()   ]

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Don't Miss:

Stop fearing a W-shaped recovery, said James Hardesty of Hardesty Capital Markets.

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Other Market Opinions:

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Disclosures:

No immediate information was available for Keating or his firm.

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Disclaimer

© 2009 CNBC.com
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Current DateTime: 02:29:06 22 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 02:28:44 22 Nov 2009
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LinksList Documentid: 29779199

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