Wall Street week ahead
NEW YORK – The investment landscape can be a scary place.
This year’s stock market surge has stalled and the market is too choppy to provide any sort of reassurance. Savings accounts earn practically nothing. Bonds, a traditional haven, seem like a poor choice because interest rates are likely to go up. The stocks people invest in for safe, steady income, like utilities and health care, aren’t as cheap as they used to be.
The Associated Press asked five experts where they’re putting their money in these uncertain times. Their suggestions are opinions, and you should do your own research before making any decisions.
Blake Howells, portfolio manager and analyst at Becker Capital Management in Portland, Ore.
His idea: Big-name tech companies, regional banks
Howells likes Microsoft ($34.40 per share) and Apple ($430.05 per share), but not necessarily for their best-known products.