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.

United States United States Latest News, United States United States Headlines

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

What's stalling China's stock market recovery, according to KraneShares' CIOWith investors fleeing Chinese stocks over growth concerns, the case for fiscal intervention could be stronger than ever.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Where this BlackRock global CIO sees opportunity for income in 'new era' for stocksBlackRock's Tony DeSpirito, who manages the BlackRock Equity Dividend fund, looks for income, value and quality when picking stocks.
Source: CNBC - 🏆 12. / 72 Read more »

'Cheap' and 'under-owned': CIO makes the case for UK stocks despite U.S. bounce backU.K. stocks look particularly attractive after a fresh bout of market volatility, according to the chief investment officer of financial firm Wren Sterling.
Source: CNBC - 🏆 12. / 72 Read more »