NEW YORK (
Action Alerts Plus) -- Jim, let's talk about some key themes for 2013 that we're watching for
Action Alerts Plus.
Housing, I think housing comes back. Most importantly, international. You know what, I'm tired of hearing about Washington. I want to take action so we do. Japan, Europe which have some yield. ETFs, China. Look, the action is to diversify international this year not just among sectors.
And I think it's a cyclical bent with a lot of industrials that are very cheap that actually have some self-help. So something like and Eaton, something like an Emerson, something like a GE, or even a UTX (United Technologies).
Look, this is the year, let's take News Corp. This year we're going to be looking for companies to be able to bring out value, in the meantime in Procter and Gamble. In the meantime they're going to give you good yield or they're going to give you some earnings upside. Got to have multiple reasons to own stocks in an environment where there's tremendous headline risk and that's what we're doing.
And we still like healthcare. We like Abbott and their split. We're looking at CVS and on the consumer side MasterCard remains kind of our consumer play.
Right. I want to be in CVS so badly, but people still have to understand we duke it out every day. I started the morning by saying, 'Listen, CVS, it's the right one.' But you've got to be price sensitive. That's part of what we do.
Right. So we have a lot of ideas up our sleeve for 2013. Thanks.
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