Prep Your Portfolio into Next Week: Strategists
What can you do to boost your portfolio ahead of next week? Brent Wilsey, president of Wilsey Asset Management, and Rick Fier, equities trader at Conifer Securities, shared their best plays.
“You’ve had great value on companies and great earnings reports,” Wilsey told CNBC. “Here until January, we’ve got some good sailing going forward, so it’s a great time to be investing now.”
Wilsey’s stock picks include Aflac and Aeropostale .
In the meantime, Fier said investors have been returning to the markets over the last few weeks.
“We’re at the high end of the range, we’re going to have one more shakeout coming and then we’re going to break out into the upside in the next month or so,” he said.
Fier favors the cyclical sectors—in particular, the steel and financialcompanies.
Scorecard—What They Said:
- Fier's Previous Appearance on CNBC (Jul. 1, 2010)
- Wilsey's Previous Appearance on CNBC (Sept. 3, 2010)
Market Views—Across the Board:
- S&P Nears Resistance — Will Rally Fizzle?
- Stocks May Be 'Remarkably Expensive': CIO
- Why Tech Demand Will Be Strong: Stock Picker
CNBC Data Pages:
Friday's Top Dow Gainers (as of this writing):
No immediate information was available for Fier or Wilsey.