Airlines and Casinos Will Continue to Fly Higher on Lower Oil

Cheap oil and low valuations are making consumer discretionary stocks extremely attractive, said Jeff Carbone, Managing Partner at Cornerstone Financial Partners.
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Cheap oil and low valuations are making consumer discretionary stocks extremely attractive, said Jeff Carbone, Managing Partner at Cornerstone Financial Partners. Carbone is particularly bullish on airline, casino and cruise stocks. He is also positive on Apple related technology companies, as well as Apple itself. Carbone said Apple remains a cheap stock with great growth potential. Elsewhere in technology, Carbone likes the data storage space due to the growth in cloud computing. Finally, Carbone is bullish on international banks primarily due to their inexpensive valuations.