Goldman Sachs and Morgan Stanley are two stocks that I think are attractive here. Those stocks have been under pressure as interest rates have been rising. I think we may have seen the high in interest rates for a while, and I think that could help the whole sector.
More Quotes from Patricia Chadwick:
If rates keep backing up we'll definitely have the stock market treading water for awhile.Patricia Chadwick
In the short term, I think there are some good signs that the Fed will raise interest rates.
Patricia Chadwick
I think a lot is happening in the PC business that I think bodes very well for PC demand and they are kingpin, in terms of being able to produce profits in the PC business. So I think they are the leader for the PC companies and I think that that's where you need to look to them.
Patricia Chadwick
Obviously, the housing market has benefited them, but they're also doing other things. They're also selling some higher margin products, and you can go in and get the upscale products that you need. This company also has done some amazing changes in the last few years getting their working capital down relative to sales, getting a better return on their investment.
Patricia Chadwick
Now we want to hear companies say they have light at the end of the tunnel.
Patricia Chadwick
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