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Buy Healthcare and Agriculture Stocks When the Correction Comes

Gregg Greenberg
7/29/14 3:09 PM EDT
The market is long overdue for a correction and investors should consider healthcare and agriculture stocks once it arrives, said Kennedy Crossan, managing partner at Prime Wealth Partners. Crossan said stocks are fairly valued after the strong move higher in the past year, yet they could see a swift selloff as a result of a geopolitics combined with too much complacency. Once that pullback occurs, Crossan suggested buying healthcare stocks, especially the medical device makers, due to the increasing needs of an aging US population. Finally, Crossan said he would scoop up agriculture stocks on a selloff because of the increasing appetite for proteins in emerging market nations.
Stocks in this video: SPYXLV

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