The Greek debt crisis is beginning to take a back seat, while the earnings season has got off to a solid start, therefore stocks are once again a good place for investors, Bruno Verstraete, CEO of Nautilus Invest in Zurich, told CNBC Tuesday.
Verstraete is positive on stocks and believes only a major geo-political event would lead to a significant correction from here.
But with so many risks out there, he advises getting out of cyclical growth shares and into high dividend yield stocks with good cash flow.
Any signs of rising inflation will mark a good time to buy more deliverable commodities like oil and metals, according to Verstraete.
This is a view backed by Jim Bianco, the president of Bianco Research, who said that if we begin to see inflation coming through, commodity stocks will offer good value.
Commodity prices are very dependent on China and Asia, a region where nearly all the good news is coming from at the moment, Verstraete said.