In this audio interview with Wall Street Reporter, Michael Cintolo, Cabot Vice President of Investments and Editor of Cabot Market Letter, is defensive when it comes to current market conditions. However, Mike does suggest that, after a significant pullback, the time may be right to get into his favorite coal stocks, Walter Industries (WLT) and Alpha Natural Resources (ANR). Global demand for commodities, like coal, remains strong and Joy Global (JOYG), maker of mining equipment, should continue to profit from these trends.
Two more of Mike’s favorites favorites are Intrepid Potash (IPI), the number one potash company in the U.S., and Salesforce.com (CRM), a leading business software provider.
Link to WallStreetReporter.com interview
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