Quincy Krosby, the chief market strategist at $1.2 trillion Prudential Financial, says traders need to stay flexible as the investing world tries to figure out the trajectory of the US economy.
That's the top recommendation from Quincy Krosby, the chief market strategist for $1.2 billion Prudential Financial. She sees a lot of opportunities for stocks exposed to economic growth, but suggests investors carefully balance out any additional risk they take on because the trajectory of the economy and market is so unclear.
On the cyclical side, Krosby said she expects good returns from industrial companies, especially defense stocks.Krosby is more cautious about big technology companies based on their years of outperformance, but said communications equipment and software companies are some of her top picks. She adds that insurance firms offer the most opportunity among financial stocks.Investors focused on themes are making 5 big mistakes. Here's how UBS says they can be avoided.
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