×

Prep Your Portfolio into Next Week: Strategists

The Dow came off the best September since 1939. So will the market rally continue in the fourth quarter? Brent Wilsey, president of Wilsey Asset Management and Christopher Craddock, senior managing director at CC Trading discussed their best plays.

“September was a great party—everyone was glad to be a part of it, no one really knew what happened but they were glad it was there,” Craddock told CNBC.(Scroll down to see his full picks.)

In the meantime, Wilsey said investors should sellgold and bonds because they are overpriced.

“If you missed the September rally, don’t miss the next quarter—you’ll be upset again,” he said.

“We’ve got earnings coming out and I think they’ll be pretty good, CEOs are cautiously optimistic, we’ve got the election in November, and I think we’ll have a jolly holiday season—and so the place to be is start buying these companies now.”

Craddock’s Picks:

SPDR Gold Trust

iIShares COMEX Gold

iShares Silver

Rio Tinto

Wilsey’s Picks:

Alcoa

Cirrus Logic

______________________________
Scorecard—What They Said:

  • Craddock's Previous Appearance on CNBC (Sept. 22, 2010)
  • Wilsey's Previous Appearance on CNBC (Sept. 10, 2010)

______________________________
More Market Opinions:

______________________________
CNBC Data Pages:

______________________________

______________________________
Disclosures:

Craddock owns SLV, but does not own GLD, IAU or RTP.

Wilsey does not own shares of AA or CRUS.

______________________________

Disclaimer