Marathon Oil—“There’s no better beneficiary in the economic recovery than fossil fuel companies. Fourth-quarter earnings should be up 118 percent for the group,” Dietze told CNBC. Marathon is "also globally diversified,” he added.
Bank of America—“The financial services industry is expected to be the No. 1 sector in terms of earnings growth in the fourth quarter—up 250 percent,” he said. “So go with the largest player in the sector.”
Landesman’s Recovery Stocks:
Belden—“This is a company that’s going to benefit from increased industrial activity,” Landesman said. “We think this is a very cheap stock.”
Microsemi—“[The firm is] very tied in with aerospace and defense in addition to scanning in airports,” he said of Microsemi. “And it’s another company that made a recent acquisition that grew the company by 75 percent. It’s a very good play.”
Scorecard—What They Said:
- Dietze's Previous Appearanace on CNBC (Jan. 4, 2011)
- Landesman's Previous Appearance on CNBC (Nov. 29, 2010)
More Market Advice—Read and Decide:
CNBC Data Pages:
Landesman owns shares of BDC, MSCC and DLTY.
Dietze, his family and firm own shares of MRO BAC and HPQ.