Here are 5 stock picks for the summer as the market gets tricky
Stock picking will be needed this summer as breadth narrows and the market has already priced in much of the economic recovery, according to research firm Cornerstone Macro.
“We continue to expect a constructive market environment, driven by rising earnings expectations and rangebound valuations,” Michael Kantrowitz, chief investment strategist at Cornerstone Macro, said in a recent report. “As the market and economic recovery continue to evolve, investors are likely to become more selective.”
Cornerstone…