"We are using short term volatility as a buying opportunity," said Adam Coons, chief portfolio manager at Winthrop Capital Management, in a Monday note sent to CNBC. When the market becomes convinced of no more rate increases, we could get a rally in cyclical names." Stock picks In fact, some analysts and portfolio managers recently named stocks that are still cheap, including some in the tech sector. " we are very close to the end of Fed interest rate increases. "As a result, anything cyclical is cheap," he added. Federal Reserve's tightening of monetary policy, said Charles Bobrinskoy, head of investment group at Ariel Investments.
The market is so far "very focused" on the prospect of a recession caused by the U.S. Some analysts, however, believe some parts of the markets are still worth buying. "At current levels, we believe the broader markets are pricey, especially given the earnings decline that is expected in first- and second-quarter earnings reports," Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, told CNBC's " Street Signs Asia " last week. But only a few stocks - namely mega-cap tech - are responsible for most of the gains, according to analysts. The S & P 500 is up around 10% so far this year, while the Nasdaq has soared about 24%. Markets have rallied this year despite economic uncertainty in the United States. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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