If you’re putting money to work for a 3-5 year period, Europe’s current pain could be your long-term gain.
So says, Steve Bodurtha, Citi Private Bank, Head of Investments for North America.
Although the overseas financial woes are casting a pall over related stocks right now – Bodurtha argues that it won’t always be the case.
“Go into the market and take advantage of Europe’s distressed values,” he says.
Of course that begs the question – how?
Bodurtha says his best bets are “companies with characteristics that will help them succeed in slow economy.”
And one theme he thinks is very appealing is productivity enhancement.
“Look at companies that help other business become more efficient – when it’s hard to drive unit growth and hard to drive price increases – these are companies that can help generate strong profit margins.”
Although Bodurtha didn’t offer any specific stocks, trader Tim Seymour, founder of EmergingMoney.com, said if you agree with the thesis – SAP fits the bill.
Citi Private Bank has $250B assets under management, globally.
Posted by CNBC's Lee Brodie
Read More from Fast Money:
> Simple Strategies Behind Supersized Successes
> 10 Top Stocks for the Long-Term Investor
> Top Apple Related Stocks for 2012
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Trader disclosure: On July 25, 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 AAPL; Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long SBUX; Tim Seymour is long MSFT; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM ; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long GOOG; Karen Finerman is long MSFT; Karen Finerman is long JCP PUT SPREAD; Karen Finerman is long NFLX PUT SPREAD; Karen Finerman is long M; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long USB; Joe Terranova is long GS; Joe Terranova is long JPM; Joe Terranova is long YHOO; Joe Terranova is long SBUX; Joe Terranova is long NKE; Joe Terranova is long WFM; Joe Terranova is long AAPL; Joe Terranova is long EMC; Joe Terranova is long NXPI; Dennis Gartman is long AAPL; Dennis Gartman is long GLD; Dennis Gartman is long MCD; Dennis Gartman is long T; Dennis Gartman is long VZ; Dennis Gartman is short NFLX; Dennis Gartman is short YEN; Dennis Gartman is short S&P FUTURES
For Daniel Ernst
Hudson Square Research, Inc. has not previously received compensation, nor does it plan to solicit business from the subject company(ies) of this report.
Hudson Square Research, Inc. is not a broker dealer and therefore, among other things does not make a market for the securities recommended in the report. Hudson Square Research, Inc. is a New York registered investment advisor.
Neither the analyst(s) responsible for preparing this report, nor Hudson Square Research, Inc. hold a position in the securities recommended in this report.
For Brian Nagel
A member of the household of an Oppenheimer & Co. Inc. research analyst who covers this company has a long position in JCP
CNBC.com with wires.
