Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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."
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Doll continued with his top picks for 2017.
McKesson Corporation (NYSE: MCK) and Express Scripts Holding Company (NASDAQ: 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. (NYSE: VMW).
Investors looking for exposure to the consumer should consider both Mastercard Inc (NYSE: MA) and retailing giant Wal-Mart Stores, Inc. (NYSE: WMT).
Doll further noted that he "loves the airlines" and his top pick in the sector is United Continental Holdings Inc (NYSE: UAL) and Delta Air Lines, Inc. (NYSE: DAL).
Investors should have some exposure to the financial sector and Doll recommends Citigroup Inc (NYSE: C) or Bank of America Corp (NYSE: BAC) although a more conservative pick would be State Street Corp (NYSE: STT).Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.