These Firms Have 'Good Future Prospects': Stock Picker
Stocks rose Thursday after a handful of positive earnings and a surprise drop in jobless claims. Where should investors look to make money? Ted Parrish, co-portfolio manager at Henssler Equity Fund and John Merrill, founder and COO at Tanglewood Wealth Management shared their insights.
“We’re having a terrific earnings season, economic data has been ok … but otherwise, companies are doing well and market’s recognizing it and bond yields are so low that investors need somewhere to make extra money,” Parrisht old CNBC.
Parrish said investors should look into value stocks that pay dividends and have "good future prospects."
In the meantime, Merrill suggested looking at emerging markets.
“Investors are still very underinvested there,” he explained. “The U.S. and Europe are overowned and emerging markets are underowned.”
Vanguard Emerging Market
China 25 Index
Matthews Asia Growth & Income
Scorecard—What They Said:
- Merrill's Previous Appearance on CNBC (Sept. 9, 2010)
- Parrish's Previous Appearance on CNBC (Sept. 16, 2010)
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No immediate information was available for Merrill or Parrish.