Bespoke Investment Group's Analyst Shares Stocks He Would Avoid After FOMC

Paul Hickey of Bespoke Investment Group

about stocks he would avoid after FOMC meeting. He expects to see some short term weakness after the meeting and the consumer discretionary, transports and the industrials are going to be the biggest under performers. He is basing this opinion on historical performance of these stocks in the weeks after the meeting. Hickey wants to avoid companies with international exposure because of the strength in the U.S. dollar.

generates only 12 percent of its revenue in the U.S. and the rest comes from over seas. Macau gaming revenue has been slowing and workers are starting to protest, demanding higher wages. Smoking ban is causing declining attendance in Macau casinos. He would avoid

in both short and long term.

is one of the stocks Paul Hickey would avoid because it generates 25 percent of its revenue in Europe, Africa and the Middle-East. The stock failed to make new highs and it is starting to roll over, thinks Hickey.

also has overseas exposure. The stock rallied off the August lows, but it failed to bounce off the positive news this week. When the stock fails to trade higher on positive news, the best decision is to avoid it, added Paul Hickey.