There’s Still Room to Buy Stocks: Barton Biggs

This is not a bear market rally but a cyclical bull market, said Barton Biggs, managing partner at Traxis Partners.

“I don’t think it’s too late [to get into the market],” Biggs told CNBC. “We’re about half or 60 percent of the way through the upside.”

“So we’ve still got significant room on the upside,” he said.

His Sector Recommendations:

Oil Services



Emerging Markets — Especially Asian emerging markets. According to Biggs, “They’re going to be the first ones out of this recession.”


No immediate information was available for Biggs or his firm.


Top Oil Services Companies:

Weatherford International


Baker Hughes

Schlumberger Limited