The stock market has been oversold over the past weeks with major bargains across all sectors.
Even the weakest sectors including financial, aerospace, retail, and REITs have been sold beyond any reasonable targets.
Bottom fishing in high quality names is a good strategy at this time.
Names to consider include Bank of America (BAC) in the financial space, United Technologies (UTX) in the aerospace sector, Target (TGT) in the retail sector, and Felcor Suites (FCH) in the hotel REIT sector.
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