Short These 6 Stocks? Strategists Are

Charles Norton, portfolio manager at ALPS/GNI Long-Short Fund, and Ronald Carson, of Carson Wealth Management Group, believe investors can make money by shorting stocks. They discussed their best plays.

“In the longer-term, the only way to survive this environment is to have some short positions and have some hedges,” Carson told CNBC.

Carson recently shorted Apple , Chipotle , Toll Brothers and Skechers stocks. He told investors to avoid consumer discretionary, housing, auto, airline and retail sectors.

Go Long?

However, he likes Bristol-Myers , ConAgra Foods , Kimberly-Clark and StoneMor Partners .

Norton's Take:

Meanwhile, Norton said he is shorting the smaller-cap, lower-quality names that are tied to the consumer such as Boyd Gaming and Moody’s .

“Broadly speaking, we believe that the U.S. consumer is pretty ill,” he said.

But on the long side, Norton likes large-caps within the foods and tobacco sectors that offer dividends.

Scorecard — What They Said:

  • Carson's Previous Appearance on CNBC (May 24, 2010)
  • Norton's Previous Appearance on CNBC (Apr. 24, 2010)

More from Stock Pickers — Read and Decide:

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No immediate information was available for Carson or Norton.