Peter Costa, president of Empire Executions and CNBC market analyst, and Kim Caughey, VP and senior equity analyst at Fort Pitt Capital Group, told investors how to prepare their portfolios for the week ahead.
“My favorite picks are the really big telecom companies,” Caughey told CNBC.
“If you look at the results they posted in the last year, they were way better than what you would have expected in a recession…We are consumers of more and more digital data and we think that’s going to go on for the future.”
Caughey likes Microsoft, Dell, AT&T and Verizon Communications.
“I’m looking at a company in China—it’s the second time in a year and a half that I’ve decided to invest in something,” said Costa. He likes Ctrip.com.
“It’s the Chinese version of Expedia, but it’s profitable,” he said of Ctrip. “There’s a lot of room on the upside on the stock.”
Other Investment Opinions:
- Art Cashin: Why Markets Face Huge 1-Day Swings
- 5-Star Manager's 5 Stocks for Changing Markets
- Big Bounce Coming — Play These 6 Stocks: Chief Investor
CNBC Data Pages:
Caughey and her firm own shares of MSFT, DELL, T, VZ.
Costa owns shares of CTRP.