US Stocks Will Beat International Plays: Hickey

Companies with greater exposure to the United States will likely beat those with a more international footprint, Paul Hickey of Bespoke Investments said Wednesday on CNBC.

On “Fast Money,” he put recent outlook cuts by companies such as FedEx, Caterpillar, Intel, Norfolk Southern and 3M into context.

“Sentiment is not too robust right here,” he said. “When you look historically, it’s actually somewhat in the middle of the range.”

But the way to play the current climate is to stay local.

“Analysts and companies that have domestic exposure are going to do better this earnings season than their international counterparts,” he said.

Trader disclosure: On Sept. 26, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s “Fast Money” were owned by the “Fast Money” traders: Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long SBUX; Tim Seymour is long MSFT; Tim Seymour is long F; Brian Kelly is long GLD; Brian Kelly is long QQQ; Brian Kelly is long FCX; Brian Kelly is long Copper; Brian Kelly is long Wheat; Brian Kelly is long Corn; Brian Kelly is long Soybeans; Brian Kelly is long DBA; Brian Kelly is long RIA; Brian Kelly is long TIP; Dennis Gartman is long CS; Dennis Gartman is long AS; Dennis Gartman is long GOD; Dennis Gartman is long NAT-GAS; Dennis Gartman is short CRUDE; Dennis Gartman is short EURO; Dennis Gartman is short YEN; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long MSFT; Guy Adami is long AGU; Guy Adami is long NUE; Guy Adami is long BTU; Guy’s wife, Linda Snow, works at MRK.

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