CNBC Stock Blog

Prep Your Portfolio for Next Week: Stock Pickers

Bob Phillips, managing partner at Spectrum Management Group, and Peter Costa, president of Empire Executions and CNBC market analyst, told investors how to prepare their portfolios for the week ahead.

Phillips’ Recommendations:

“You can’t get much better reports than the jobs report we got this morning, so that justifies the market continuing to take the strong upward trend going higher,” Phillips told CNBC.

The Friday Trade

Consol Energy—“The coal market worldwide tends to tighten over the next 5 years, which ought to bode very well for [Consol] as the U.S. exports more coal,” he said.

National-Oilwell Varco—“The oil services companies, with the growing worldwide economy: demand stays strong, exploration stays strong and [National] has $3.2 billion of cash in the balance sheet, and $2 billion of free cash flow,” he said.


Costa’s Recommendations:

“What we have is a bad gas economy: when you put bad gas in your car, it sputters, it stops and stalls,” said Costa. “You have 10 percent unemployment. These people have been out of work for a while and this recovery is going to take longer than the government thinks.”

DeVry—“So what’s going to happen is there’s going to be lots of people going to training in new fields,” Costa said. “So DeVry is well positioned for that.”

Manpower—“It’s a great play in a recovery,” he said of the firm. “No one’s going to hire long-term—they’re going to hire short-term employees and people are going to be retrained. And once they can’t get hired, they are going to look for new jobs.”

Market Point/Counterpoint:

CNBC Data Pages:

CNBC Slideshows:



Phillips personally owns shares of CNX, NOV, and ABC.

No immediate information was available for Cost or his firm.