The investment chief at $1.5 trillion Prudential Financial told us which sectors she's targeting to beat a stock market that looks 'overbought'

Krosby told Business Insider the sectors she's still investing in despite those liabilities, and explained the factors that make each so promising.

Stocks continue to rise because investors don't want to be left out, and the market tends to soar on any piece of good news, she says. But at the same time, it will struggle to overcome some lingering threats. For that reason, even though she calls the market"overbought," she still recommends taking on risk and not getting overly defensive. In an exclusive interview with Business Insider, Krosby called the following sectors and niches especially attractive:stand to benefit from their hefty contracts, the growing US defense budget, and rising spending on next-generation military research.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. value fund managers betting shift to value stocks won't lastThe massive U.S. market rotation into value stocks over the last two weeks is fi...
Source: Reuters - 🏆 2. / 97 Read more »

Charts show Microsoft, Apple could be ready to surge and lead the market to new heights, Jim Cramer saysJim Cramer takes a look at chart analysis of Apple and Microsoft by Stock Market Mentor founder and technician Dan Fitzpatrick, who sees bullish signs in the stocks.
Source: CNBC - 🏆 12. / 72 Read more »