The current market is 'directionless,' one CIO says, naming 6 stocks he likes right now

It's an uncertain time for markets, with much anticipation over the U.S. Federal Reserve's decision on interest rates next week and the the U.S. presidential election . BML Funds' Ted Alexander describes the current market as "directionless.

Calling it a "big behemoth," Alexander expects it to get a competitive boost as its competitor Verizon is a "bit stuck" in its acquisition of fiber-optic internet company Frontier Communications in a $20 billion all-cash deal . AT & T came under pressure earlier this year as customers in South Dallas in the U.S. experienced network disruptions due to what the company described as a case of thieves stealing copper wire , but the investor remains unfazed.

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