Market Tips: Time to Buy Resilient Stocks
Global stocks rose on Tuesday, but the British pound's beating continued on political worries. Experts told CNBC they like stocks with relative resilience as volatility continues.
Bullish on Tech, Healthcare
King Lip, CIO at Baker Avenue Asset Management, likes healthcare stocks as they are relatively resilient. He also favors techs, saying strong demand from China and India will drive growth, especially in semiconductors.
Investing in Copper & Beer
Kingsley Jones, portfolio manager at Macquarie Funds Management Group tells CNBC that investors should buy copper stocks like First Quantam. He is also upbeat on beer stocks like SABMiller and Carlsberg.
Copper Rally Will Be Short-Lived
John Licata, chief investment strategist at Blue Phoenix expects the rally in copper prices following the Chilean earthquake to be short-lived. He also talks about the state of infrastructure there and conditions in the refineries.
Positive on HSBC & StanChart
HSBC and Standard Chartered's exposure to Asia will put both banks in good stead, according to Neil Katkov, senior VP & head of Asia at Celent.
Emerging Market Equities To Do Well
Daphne Roth, head of equity research, Asia at ABN Amro Private Banking expects emerging markets to do well this year and suggests buying stocks on dips. She shares her investment tips with CNBC on this installment of Protect Your Wealth.
Overweight Asian Equities
Paul Ramscar, director of wealth management at Financial Partners, is overweight Asian equities. He reveals his top country picks in this region.
Yen to Weaken on Global Recovery
Callum Henderson, head of FX strategy at Standard Chartered sees the yen weakening to around 92 to the dollar by end-March, as the global recovery continues to gather pace.
More Downside For Sterling
John Kyriakopoulos, head of currency strategy at NAB Global Markets Research, tells CNBC that risks are tilted to the downside for the pound, while any stabilization in the Greek debt problem could see a recovery in the euro on short-covering.
More Upside to Aussie-Pound, Aussie-Euro
The Aussie provides upside potential and the big moves will come from the Aussie-sterling and Aussie-euro pairs, says Kathy Lien, director of currency research at GFT Forex.
Outlook for the Aussie
The Aussie dollar could trade sideways for now, says Mitul Kotecha, head of global FX strategy at Credit Agricole CIB. Kotecha also offers his long-term outlook for the currency.
