Strategists say it’s a stock picker’s market right now — and name their top picks

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Veteran investor Nancy Tengler says 'there's still plenty of places' to find high-quality companies. Here are some of her favorite stocks.

Stocks are on the up this year, but it's no straightforward rally. With the path of interest rate hikes, earnings revisions and recession risks still weighing on investors' minds, markets have remained volatile. Against this backdrop, a slew of strategists are calling it a stock picker's market and advising investors to be particularly mindful of the companies they invest in. "You really do need to have discipline, but this is definitely a stock picker's market.

" And with market risks still weighing on stocks, veteran investor Michael Landsberg, partner and chief investment officer at Landsberg Bennett Private Wealth Management, said "patience, as well as careful individual stock selection, is key going forward.

 

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