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Analyst Shares Stock Picks With CNBC: Likes Chico’s & DSW (CHS, DSW)

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In an interview with CNBC, Ryan Detrick, chief technical strategist with Schaeffer Investment Research, shared his outlook on the market.

According to him, market sentiments have taken a negative turn. However, he expects the second half of the year to be strong, and positive. He pointed out that leading indicators such as manufacturing and productivity data are strong.

Ryan Detrick also shared his favorite stocks with CNBC. He is bullish about the housing sector. Among stocks in the sector, he picked Sears Holding (NASDAQ: SHLD), DSW (NYSE: DSW) and Chico’s (NYSE: CHS) as his favorites.

 

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Posted-In: CNBC Ryan Detrick Schaeffer Investment ResearchMedia