"The reason the second half of the year could be a lot stronger, is that almost certainly taxes will be going up, which will force an large increase in (gross domestic product) as everyone sucks earnings in 2012, not wanting to pay higher taxes in 2013," Duran says.
Duran is basing his prediction largely on the fact that a 4 percent tax increase on investment income is expected in 2013.
BlackRock's Bob Doll agrees with Duran, in part. While Doll is also bullish on 2012, noting the strength of U.S. corporate earnings, he isn't waiting until late next year to invest.
The health-care sector, he says, has some great buying opportunities now.
"Drug companies have more cost cutting opportunities, have good yield, and some of them have positive free cash flow," he says.
Doll's picks include: United Healthcare, Aetna , Wellpoint , Pfizer , Eli Lilly , and Bristol Meyers .
On technology, Doll will wait. "I think Microsoft is just beginnning to turn the corner. On Apple , I think the time is around the corner. Let's say next spring will be another lift to the stock."
Duran follows Doll's comments with caution, saying equity investors should manage risk with dividend paying companies until 2012 starts to pick up.
Additional News: Dividend-Paying Stocks On Discount
Additional Views: Go for Stocks With High Cash Flow: Bob Doll
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Disclosure information was not available for Bob Doll or his company.