Where are the opportunities outside the United States and what is the best strategy for investors who want to put their money outside the country? David Winters, CEO of Wintergreen Advisers, shared his ideas.
“You want a business with good or improving economics, you want a management that is working with you as a shareholder, and then an attractive price,” Winters told CNBC.
“And even after the run-up, there are a lot of stocks that are cheap.”
Winters said U.S. investors should increase their exposure to markets outside the country.
“We have a mature economy with a lot of leverage and it’s going to take a lot of time to work its way through,” he said.
Goldman Sachs —"It’s becoming a global company and with their competitors going away, they have a phenomenal reach," he said of the firm.
Winters’ Global Play:
Compagnie Financiere Richemont
- Watch Winters' Previous Appearance on CNBC (Aug. 12, 2009)
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CNBC Data Pages:
- Cramer's 12 Stocks to Play the Recovery
No immediate information was available for Winters or his firm.