Analyst Likes Harris, And IBM : CNBC (HRS, IBM)
By Benzinga Staff
March 04, 2010 7:34 AM
March 04, 2010 7:34 AM
In an interview with CNBC, Doug Sandler, co-founder of Riverfront Investment Group, said that things are beginning to look good in the market.
Sandler said, “We’re going to have tough progress getting through the 1,140 on S&P, but the big picture is that opportunities are abundant”. Sandler also said that the good balance sheets, growth, and P/E ratios show that the markets are experiencing genuine growth. Among Sandler’s top picks in the market are wireless-device manufacturer Harris (NYSE: HRS), and IBM (NYSE: IBM).
Meanwhile, Mike Holland, chairman of Holland and Company, said that the market has fought off pessimism, and is expected to perform well.
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