Raymond James' Jeffrey Saut thinks last week's drop in stocks was the beginning of a 5%-10%...

|By:, SA News Editor

Raymond James' Jeffrey Saut thinks last week's drop in stocks was the beginning of a 5%-10% correction, believing that it would be rare to see the extreme bullish sentiment ahead of the sell-off worked off in a mere three sessions. Still, he's not too bearish, as he lists favorite stocks that "held up best" during the turmoil: ALTR, CA, CLS, SWKS, STLY, SWK, TPX, WMB, RVT.