Patrick Becker Recommends Microsoft: CNBC (MSFT, INTC, WMT)
Patrick Becker, principal of Becker Capital Management, discussed his views about the stock market with CNBC. Becker said that there are potential areas of investment in the choppy market. He is particularly enthused about the large-cap US stocks. He said that with foreign exchange fluctuations, large-cap US stocks stand to benefit.
Becker said, “As investors look at the returns internationally, and with the currency translation…money will go into large U.S. companies, where you can get incredible balance sheets and some dividends right now.”He also shared his stock picks. He picked Microsoft (NASDAQ: MSFT), Intel (NASDAQ: INTC) and Wal-Mart (NYSE: WMT) as his favorites.
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