Prep Your Portfolio for Next Week: Strategists
Which stocks should investors be buying into next week? Robert Pavlik, chief market strategist at Banyan Partners, and Marty Cunningham, executive vice president at Esposito Securities, shared their best plays.
“Yesterday’s action was quite positive,” Pavlik told CNBC. “So what you want to see today is some kind of confirmation—not only increase in prices, but increase in volume.”
Pavlik said Europe’s sovereign debt crisis is unlikely to derail the overall U.S. economy.
“It might dent it and impact earnings but to a lesser degree,” he said.
AutoZone —"This is a perfect environment where do-it-yourselfers can go out and fix their cars," said Pavlik. "It’s a great company."
Express Scripts —"There’s trouble between CVS and Walgreens that’s creating opportunity for companies like Express Scripts," he explained.
Cummings —"They're not only going to be able to profit on the growth and demand for diesel engines, but in the power generations," he said of the firm.
Scorecard — What They Said:
- Cunningham's Previous Appearance on CNBC (Jun. 26, 2009)
- Pavlik's Previous Appearance on CNBC (May 27, 2010)
More Market Intelligence:
- I'm Buying These Mispriced Stocks: Market Pro
- This Is a 'Decent Buying Opportunity': Stock Pickers
- Market Pros' 10 Stock Picks & Pans
CNBC Data Pages:
Cramer's 12 Stocks to Play the Recovery
Cunningham does not own shares of INTC or SKS.
Pavlik does not own shares of AZO, ESRX or CMI.