Power Play: Where to invest globally

Traders work on the floor of the New York Stock Exchange.
Lucas Jackson | Reuters
Traders work on the floor of the New York Stock Exchange.

Stocks are positive again in November following the huge rally this week and two market strategists tell CNBC's "Power Lunch" on Thursday it's getting harder to find value.

Cornerstone Financial Partners Co-Founder Jeff Carbone is looking outside the US.

"We are long China for some portfolio's [and] dollar hedged Japan/ Europe, but will soon be looking at moving some money toward unhedged if parity with the euro becomes a reality," Carbone said.

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Mark Travis, President and Portfolio Manager of the Morningstar 4-star rated Intrepid Capital Fund, is looking at small-cap stocks such as Silver Wheaton and Leucadia National.

"Leucadia International is a mini Berkshire Hathaway and Silver Wheaton puts capital in mining deposits around the globe, like a mining mutual fund," Travis said.

The Shanghai Composite, the Nikkei, the pan-European STOXX 600 and Silver Wheaton were higher during trading, but Leucadia National was lower.