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The market sectors to buy—and avoid—now
Wall Street Unplugged - What's Really Moving These Markets
Sectors to Continue to Avoid Housing
"We didn't sell every one of our stocks. We sold some positions, maybe about 20 percent," he says. "But the rest of the names that we have in portfolio, pricing powers, strong growth profiles and good management teams" Sticks with industries that have pricing power: Healthcare, energy, travel related stocks; avoid tech sectors such as Googles or Microsoft.
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