CNBC Stock Blog

Prepare Your Portfolio For Next Week: Strategists

It was another volatile week for the CBOE Volatility Index (VIX), considered the best gauge of fear in the market.

The Friday Trade

How should investors prepare their portfolios for next week? Peter Costa, president of Empire Executions and CNBC market analyst, and Charlie Smith, chief investment officer of Fort Pitt Capital Group, discussed their insights.

Costa’s Recommendation:

Nature’s Bounty (NTBY Incorporated) —“They make vitamin supplements and minerals supplements,” Costa told CNBC.

“Their earnings have been improving over the last three years consistently…I’ve been loving this company for a long time.”

Smith’s Recommendations:

Joy Global—“It’s down about 15 to 20 percent from its highs from a week ago,” Smith said of the firm. “They’re the leader in the mining machinery and…they’re selling a lot more equipment overseas.”

“Margins have held up a little bit better than we thought they would in the down cycle, and we think it’s a good opportunity,” he added.

Kimberly Clark—“They’re a big consumer products company,” he said. “They have a 4 percent dividend yield… they’ve made some nice growth acquisition…and they’re growing overseas very steadily.”

More Market Views:

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Smith owns shares of JOYG and KMB through his fund.

Costa does not own shares of NTY.