Epoch's Priest Likes CVS, Black Backs Mylan: Barron's Roundtable
- Priest favors consumer staples, health care, some tech stocks
- Delphi's Black picks Townsquare, Foot Locker, U.S. Bancorp
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The stock market’s January rout may have been painful for investors, but it’s opened the door to bargain hunters looking for cheaply valued companies able to weather a global economic slowdown, a panel of money managers told Barron’s.
A “blowup” in emerging markets, particularly China, is “a real risk” and is one of the biggest worries for investors right now, said William W. Priest, chief executive officer of Epoch Holding Corp., in the last part of a January “Roundtable” discussion series published in Barron’s Feb. 1 issue.