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Buy Stocks Where the Bad News is Priced In

Thursday, 19 Feb 2009 | 4:00 AM ET

"You need to look for stocks where the pessimism is priced in already," Minho Roth from FiveT Capital said Thursday, adding that financial stocks look attractive. Nestle is a classic defensive stock, Ian Morley from Quantum Investment Management said, adding he would rather invest in banks over insurers.