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Fund manager picks the stocks and sectors that investors should play right now

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Portfolio manager Chad Morganlander named a raft of sector and stock plays for investors right now, and revealed he was bullish on small-cap names.

Referring to the performance of the Russell 2000 , a U.S. focused small-cap benchmark, the senior portfolio manager at Washington Crossing Advisors noted that these smaller firms have been on an uptrend and "could continue to get a lift.

Stocks to play Morganlander believes several sectors and stocks make good plays for investors right now. His asset management house's tactical portfolio strategy for the second quarter "continues to favor domestic stocks over bonds and international equities," according to a recent 2Q24 outlook report. Among the names on Morganlander's radar is Union Pacific , a rail transportation company.

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