Portfolio Managers See Opportunities After The Sell Off

Loading...
Loading...
Robert Pavlik of Boston Private Wealth and Bernie Williams of USAA Investment Solutions spoke on
CNBC
about stocks they would buy in current market environment. Pavlik said that the market hasn't seen a correction since 2011 and that the selling was overdone on Monday. The market still has some room to move lower, but for the most part it has reached extreme levels. He added that the economy is healthy and that he is a buyer of this market. Pavlik named
SolarCity CorpSCTY
,
JetBlue Airways CorporationJBLU
,
Skyworks Solutions IncSWKS
,
CVS Health CorpCVS
,
Nike IncNKE
and
Under Armour IncUA
as stocks he would buy. In current market environment Pavlik would focus on market leaders with not much exposure internationally. Williams has also been buying stocks with minimal exposure to China. He particularly likes
Target CorporationTGT
,
TJX Companies IncTJX
. He thinks that the market is going to end the year flat or slightly up, primarily because of valuation and soft earnings. He sees better opportunities in Europe.
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCMediaBernie WilliamsRobert Pavlik
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...