The Dow moved higher as President Obama started his first day in office. The market pros shared investment advice on CNBC.
You have an absolute opportunity to buy State Street. I bought it yesterday for three times earnings. Clearly I love the opportunity that exists in State Street.
Morgan Stanley would be another one and also First Horizon [National] .The risk remains in some regional banks that have outside exposure to commercial real estate development…
Bullish On Biotech
"The way you play biotech is, you play the companies they use; if they're going to use a beaker that costs a hundred grand, you buy the companies that produce the equipment.
You buy companies like Millipore [MIL ] or Qiagen [QGEN], where you know their products are going to be used across a wide range of biopharma industries.
AT&T [T ] reaffirmed their dividend again; I have no idea what three months is going to yield for us, but I want to get paid while I'm waiting. Verizon [VZ], still growing, taking market share, doing well.
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