BOSTON ( TheStreet) -- Jeanie Wyatt, head of $2 billion investment firm South Texas Money Management, says yesterday's dive in the Dow and S&P 500 was "great, quite frankly."As stock prices continued their worst slump since 2008 and Treasury yields collapsed, Wyatt says she's considering buying banks such as Wells Fargo (WFC - Get Report) and technology companies like EMC Corp. (EMC - Get Report).
Stock Selloff 'Great' for Bets on Banks, Tech
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.