With the broad S&P 500 back above 2,700, the path to 2,800 is set to be slow and choppy.

That's the assessment from Oliver Pursche, chief market strategist at Bruderman Brothers with $1.4 billion in assets under management.

Pursche is fond of Home Depot (HD) shares, which is about to enter a cyclically strong season and is a fan of the nearly 5% dividend yield of Verizon Communications (VZ) .

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable-trust portfolio with a free trial to Action Alerts PLUS! You can also watch all of Jim Cramer's New York Stock Exchange live shows here:

More from Video

Canopy Growth CEO: Here's What the Future of Cannabis Looks Like for Investors

Canopy Growth CEO: Here's What the Future of Cannabis Looks Like for Investors

Market of the Week: Euro FX

Market of the Week: Euro FX

Bye, Bye, Bye Sears: The Week Ahead

Bye, Bye, Bye Sears: The Week Ahead

How to Be a Tactical Investor in the Current Market

How to Be a Tactical Investor in the Current Market

Cannabis Legalized in Canada: Keys for Sellers to Unlock Huge Market Opportunity

Cannabis Legalized in Canada: Keys for Sellers to Unlock Huge Market Opportunity