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Buy Safe & Boring UK Mainstream Stocks: CEO

Friday, 19 Feb 2010 | 6:30 AM ET

The markets will continue their upward trend, according to Jacob Schmidt from Schmidt Research Partners Friday. He told CNBC he favors more liquid mainstream stocks like Nestle, as well as UK stocks Xstrata, Man Group and Marks and Spencer. "Safety is not bad," he stated. "Debt is something you don't want to be exposed to."