Buy Stocks Where the Bad News is Priced In

4:00 AM ET Thu, 19 Feb 2009

"You need to look for stocks where the pessimism is priced in already," Minho Roth from FiveT Capital said Thursday, adding that financial stocks look attractive. Nestle is a classic defensive stock, Ian Morley from Quantum Investment Management said, adding he would rather invest in banks over insurers.