Vitaliy Katsenelson, Investment Management Associates chief investment officer talked to CNBC about strategies to profit in sideways markets.
Katsenelson published a book called The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere (Little Books. Big Profits)
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He is of the opinion that the stock market will go sideways for the next decade, extending its historical pattern of a short bull market followed by a long sideways market that on average lasts for 17 years.
In addition, he mentioned he likes L-3 Communications (LLL, Financial) and Medtronics (MDT, Financial).
Katsenelson is a long time columnist for GuruFocus, you can read his articles here.
Katsenelson published a book called The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere (Little Books. Big Profits)
. He is of the opinion that the stock market will go sideways for the next decade, extending its historical pattern of a short bull market followed by a long sideways market that on average lasts for 17 years.
In addition, he mentioned he likes L-3 Communications (LLL, Financial) and Medtronics (MDT, Financial).
Katsenelson is a long time columnist for GuruFocus, you can read his articles here.
