Summer Stocks: Pros Offer Their Favorite Seasonal Fare
Citigroup, Lowe's and Merck are among the stocks that may be blockbusters. Where's tech?
If these experts are right, this will be far from the summer of our discontent.
Market prognosticators are saying
this summer could defy the bearish seasonal maxim, "Sell in May and go away."
TSC
asked pros to name their favorite stocks for this summer. The list below turned up an interesting crop, with a variety of sectors represented: health care outfits such as
Merck
(MRK) - Get Report
and
Bristol-Myers
(BMY) - Get Report
, financials such as
Citigroup
(C) - Get Report
, energy plays such as
ExxonMobil
(XOM) - Get Report
, and retailers such as
Gap
(GPS) - Get Report
.
In case you hadn't noticed, nary a single big-name tech company turned up on the list. Coincidence?
Lehman has done underwriting for Citigroup.
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