Market Pros' 10 Stock Picks & Pans (Pt. 2)
CNBC.com Writer
Stocks rallied Thursday, with the Nasdaq gaining as much as 3 percent intraday. Is this the beginning of a summer rally or should investors continue to be cautious?
Barry James, president of James Advantage Funds, and Dan Genter, president, chief executive and chief investment officer of RNC Genter Capital Management, shared their market outlooks.
James said investors should search for bargain stocks.
“Non-cyclicals and some of the commodities would work out well," he recommended.
"And some of the energy stocks have seen some pullbacks."
(See Part 1 for Genter's outlook and stock recommendations.)
James Likes:
Del Monte Foods
Silver Wheaton
Newfield Exploration
James Dislikes:
MGM Mirage
Electronic Arts
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Scorecard — What They Said:
- Genter's Previous Appearance on CNBC (May 11, 2010)
- James' Previous Appearance on CNBC (May 5, 2010)
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Opposing Market Views:
- Stock Prices to Fall Further—So ‘Sit and Wait’
- Cramer: Why You Should Buy the 52-Week Highs
- 10 Reasons Why Markets Will Rebound: Pro
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CNBC Data Pages:
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CNBC Slideshows:
Cramer's 12 Stocks to Play the Recovery
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Disclosures:
No immediate information was available for Genter or James.
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