Sell consumer stocks on rising health-care costs, rebound in gas prices, Strategas says

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Strategas Research Partners lowered its rating on the consumer sector due to the likelihood of rising energy prices and concerns over higher deductible health plans. The firm recommended technology stocks instead.

"This morning we're deciding to underweight the consumer discretionary sector [and] adding slightly to our already-overweight position in technology," strategist Jason Trennert wrote in a note to clients Monday.

"In the short-term, a bottoming out of oil prices and an end to the oil-price dividend, the movement toward high deductible medical insurance plans, and the decline in small business confidence (the most important source of new hiring) lead to our decision."