Matrix Asset Advisors’ Chief Investment Officer’s Top Stock Picks
Posted on Tuesday, July 8th, 2008 | In Current Market News, Stocks to WatchDavid Katz, the chief investment officer of Matrix Asset Advisors told CNBC about two stocks he feels are correctly positioned for investors to thrive on:
Recommendations:
Monster Worldwide
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bc_quoteComponent_init_getData(”MNST”,”WSODQ_COMPONENT_MNST_ID0ESC15839609″,”WSODQ”,”true”,”ID0ESC15839609″,”off”,”false”); a. Though, cyclically we’re in a recession right now; we’re in a jobs recession.
b. The stock is at a fire-sale price, so you’re getting a great Internet business with wonderful global prospects…you’ve got to buy this company when it’s down.”
2. Walgreen
a. Walgreen is a best-in-class drugstore chain
b. Though it is not fun to own retailers right now, you’re really going to get paid for it if you have a 12- to 18-month time frame.
Track David’s picks at:
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