Raymond James' Jeff Saut holds out against making a recession call, arguing that analysts are...

|By:, SA News Editor

Raymond James' Jeff Saut holds out against making a recession call, arguing that analysts are still bullish on corporate earnings, insiders have been buying their own company's shares at the highest rate since March 2009, and certain economic metrics - seaport traffic, railcar loadings, etc. - are steady. Saut remains convinced that select stocks are cheap.