Large caps have beaten the overall markets so far this year. So which large cap companies should investors keep a watch on during the upcoming earnings season? Joe Ransom, lead portfolio manager at RidgeWorth Select Large Cap Growth Fund shared his thoughts.
“We are concerned about the financials,” Ransom told CNBC. “It’s not that earnings won’t be good, it’s a question of whether they will be as good as current expectations are.”
Ransom said he is concerned about companies such as JPMorgan and Bank of America . He also added that he wouldn’t be surprised to see the market decline 8 to 10 percent this quarter “because expectations have run ahead of themselves.”
On the other hand, Ransom expects Google to stand out to the upside.
- Watch Ransom's Previous Appearance on CNBC (Oct. 27, 2009)
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Disclosures:
No immediate information was available for Ransom or his firm.
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