Christopher Trompeter, managing director at Tradition Capital Management, and Alan Valdes, vice president of Hillard Lyons, told CNBC how investors can prepare their portfolios for the week ahead.
Recommendations:
Trompeter Likes:
Interdigital Communications —"They have a portfolio of wireless patents that they license to mobile device manufacturers," Trompeter told CNBC.
"The catalyst for this stock to move higher in the short term is that there is a suit that Interdigital filed against Nokia that is due sometime next week. So we think there’s going to be a settlement in advance of the ruling between the two companies, in which Nokia will pay Interdigital a per handset license fee."
Transocean —"We like their longer-term supply/demand fundamentals for oil and transoceans," he said. They have "a strong position in the ultra-deepwater drilling area."
Valdes Likes:
Verizon —"The Apple iPhone and AT&T have been getting a lot of publicity, but [Verizon] is biggest in the country—87 million customers," said Valdes.
"It had strong revenue second quarter right—in line with what they were thinking. They added 1.1 million customers this second quarter."
Disclosures:
Valdes does not own any shares of Verizon.
No immediate information was available for Trompeter or his firm.
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CNBC Slideshows:
- Evolution of Wireless Communication
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