Skip to main content

Market Overview

9 Stocks For Your New Year

Share:
9 Stocks For Your New Year

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."

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).

 

Related Articles (BAC + C)

View Comments and Join the Discussion!

Posted-In: 2017 Top Picks Bob Doll CNBC Nuveen Asset ManagementAnalyst Color Long Ideas Media Trading Ideas

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com