"The stress tests in Europe will do the same thing that the U.S. stress tests did last year" -...

|By:, SA News Editor

"The stress tests in Europe will do the same thing that the U.S. stress tests did last year" - spark a rise in U.S. stocks - Legg Mason's Bill Miller says. He likes techs such as IBM (IBM) and health care companies such as Genzyme (GENZ) with high levels of cash, and believes banks have emerged stronger from the financial crisis.