Paul Hickey Of Bespoke Investment Group Is A Buyer Of Stanley Black & Decker, Zions Bancorporation And Laboratory Corp. of America Holdings

On CNBC's Fast Money, Paul Hickey Of Bespoke Investment Group spoke about stocks that he would buy into the year end. He shared with the viewers his analysis, which shows that sectors that were outperforming heading into December have also outperformed in December. Hickey believes that Stanley Black & Decker, Inc. SWK should do well in the industrial sector. It averaged 7 percent in December, when it did well heading into December. There were nine such months and the stock had positive returns nine out of nine times. Among the banks, Hickey thinks that Zions Bancorporation ZION should be bought. The stock had averaged a positive return of 4.7 percent in December and it has been positive 10 out of 13 times going back to 1990. The healthcare equipment and services have also been outperforming year to date. Laboratory Corp. of America Holdings LH had positive return 90 percent of the time when it outperformed heading into December. Its average return was 5.3 percent.
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Posted In: CNBCMediaBespoke Investment GroupFast MoneyPaul Hickey
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