I appeared on Fox Business “After the Bell” where I reiterated our view that the US markets have been range-bound. We believe that the markets will soon snap out of its coma.
The US economy is still on the rise, which presents a good buying opportunity for several stocks. Cyclical-oriented stocks are particularly attractive and we see opportunity in the technology sector, specifically IBM and Intel. Meanwhile in the industrial sector, we like Boeing.
While IBM’s recent growth hasn’t been robust we believe that the Cloud concept is an exciting opportunity that can change the way we live and IBM will capitalize.