The Next Cold War Could Pummel These U.S. Companies
Russia has already liquidated $100 billion of U.S. Treasuries ahead of potential Western sanctions due to Crimea chaos and has warned it will pass a bill to freeze the assets of European and American companies that operate in Russia. Belus Capital Advisors' Brian Sozzi thinks over the next couple of weeks investors will hear more talk about the next Cold War, especially surrounding Nike's factory stores and the 2014 Ice Hockey Championship, and Yum! Brands' successful Russian KFC restaurants.
At the time of publication, Sozzi was long XXX, although positions may change at any time.
At the time of publication, Sozzi held no position in the stocks mentioned.
Brian Sozzi is the CEO and Chief Equities Strategist of
. He is responsible for developing and managing an equities portfolio of mid- and large-cap positions, in addition to leading the firm's digital content initiatives. He is also a personal finance columnist for
Men's Health
magazine.
