Interesting that people are not recomending financials for 2009.
However history says that the worst performers in 2008 (financials) will be the best performers in 2009. Also financials tend to lead in any bull market.
Stocks that have held up relatively well in 2008 like JNJ and MO were great picks last year but chances are they will lagg the market in any recovery.
I'll stick with my financials, healthcare and tech for the turnaround.
Ten Stock Picks for 2009 [View article]
However history says that the worst performers in 2008 (financials) will be the best performers in 2009. Also financials tend to lead in any bull market.
Stocks that have held up relatively well in 2008 like JNJ and MO were great picks last year but chances are they will lagg the market in any recovery.
I'll stick with my financials, healthcare and tech for the turnaround.