Bob Doll, Nuveen Asset Management's senior portfolio manager, was a guest on CNBC's "Squawk Box" segment on Wednesday and offered his top five stock picks for 2017.
"This is a stock picker's market," he said. "The differential in sector performance this year has opened up big time from where we have been before. When value does better than growth, when small does better than big, when cyclicals do better than defensive and interest rates move up — that is usually an environment for a stock picker."
Doll continued with his top picks for 2017.
McKesson Corporation MCK and Express Scripts Holding Company ESRX are two picks for investors looking to buy stocks that have been beaten up throughout 2016 given the respective 28 percent and 21 percent decline year-to-date.
Within the technology sector Doll prefers VMware, Inc. VMW.
Investors looking for exposure to the consumer should consider both Mastercard Inc MA and retailing giant Wal-Mart Stores, Inc. WMT.
Doll further noted that he "loves the airlines" and his top pick in the sector is United Continental Holdings Inc UAL and Delta Air Lines, Inc. DAL.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.