Portfolio Manager and Senior Research Analyst at Parnassus Investments Details Top Picks…and How to Avoid the Losers
Ian Sexsmith, a Portfolio Manager and Senior Research Analyst at Parnassus Investments, has recently revealed his top picks for 2017.
Based on years of market research and detailed financial analysis, Sexsmith has 4 money-making stocks and clear investment advice on how to avoid money-losing portfolio picks.
The top pick? “Let’s talk about Motorola Solutions (NYSE:MSI),” says Sexsmith. “They make radios for police officers and firefighters. They were spun out of Motorola Inc. back in 2011. This is a slow-growing but economically resilient business. And we think this company may have the best wireless moat of any stock that we own.”
To help investors, Ian Sexsmith, a Portfolio Manager and Senior Research Analyst at Parnassus Investments has come up with these 4 hot recommendations:
“While radios may not seem to have the most exciting technology, the reality is, it’s incredibly difficult to build the network that, number one, always works and, number two, has no latency.”
“We see upside in Axalta stock as it continues to gain market share from small local players, and there’s also upside from M&A as the coatings industry consolidates.”
“Progressive is the fourth-largest auto insurer in the country, and they gain market share literally every single year. The internet has disrupted many industries. Now, it’s disrupting car insurance.”
For a free report and the other top recommendation from the in-depth interview with Ian Sexsmith, a Portfolio Manager and Senior Research Analyst at Parnassus Investments, visit TWST.com.
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NOTE TO INVESTORS AND FINANCIAL NEWS EDITORS: Portfolio Manager and Senior Research Analyst Ian Sexmith is available for interviews. Contact Parnassus Investments at www.parnassus.com.