With the market up 20 percent or more in four months, Bob Doll, BlackRock chief equity strategist, shares his investment strategy and the cyclicals to watch. Doll says he expects 2.5 percent economic growth this year.
Doll likes healthcare, such as United Healthcare (NYSE:UNH
), McKeeson (NYSE:MCK
) and Agilent (NYSE:A
), and energy stocks such as Chevron (NYSE:CVX
), Conoco Phillips (NYSE:COP
) and Apache (NYSE:APA
), sectors are defensive plays post the 20% run in the markets.
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About the author:
Dheeraj GroverI am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne