10 Experts Pick the 10 Best Stocks for 2012

The 'smart money' gives you their best buy-and-hold predictions

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10 Experts Pick the 10 Best Stocks for 2012

Best Stock for 2012: Hershey

Hershey185 10 Experts Pick the 10 Best Stocks for 2012Renowned trader, journalist and money manager Jon Markman has a sweet play for you in 2012: confectioner Hershey (NYSE:HSY).

Why this consumer stock? Well, because in the short-term Jon is decidedly bearish on just about all corners of the market. The euro zone debt crisis will continue to rock Europe and subsequently affect nations that export goods there or rely on plush government subsidies from the content.

In fact, Jon thinks that in the short term, “the simplest trades next year will likely be short iShares Europe (NYSE:IEV), short iShares Emerging Markets (NYSE:EEM) and short solar energy equipment producers like First Solar (NASDAQ:FSLR).”

But what does this mean for buy-and-hold investors? Simply put, get defensive with consumer staples stocks.

For those who think that chocolate is discretionary, Jon adds, “Well, try explaining to my daughter that chocolate isn’t a household staple.”

Read Jon’s complete recommendation on Hershey.


Article printed from InvestorPlace Media, http://investorplace.com/2011/12/10-experts-pick-the-10-best-stocks-for-2012/.

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