Laszlo Birinyi Hasn’t Changed His Bullish Stance

By on June 10, 2011

Long-time market commentator Laszlo Birinyi (a frequent guest on the late Louis Rukeyser’s Wall Street Week) doesn’t see anything derailing this market from appreciating 60% over the next few years.

Birinyi says to avoid consumer staples and concentrate on investing in 1) Energy companies (Chevron, Petrochina, Hess, Oil Service HOLDRS ETF), 2) Industrials (Cummins, Caterpillar, Deere) 3) Technology companies (Apple and Google) and 4) Copper (Freeport-McMoRan). Birinyi provides his reasoning for these stock picks at the source below.

Source: MarketWatch

One Comment

  1. DeAndre Malik Deshaw Darnell

    June 10, 2011 at 3:20 pm

    Don’t his clients pay for this advice?

    Me thinks Birinyi is trying to rationalize losing a bunch of his clients’ money.

    “In a time of turbulence and change, it is more true than ever that knowledge is power.” JFK

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