I would not suggest going randomly and picking up midcaps and small caps and finding out the next turnaround company because turnarounds seldom turn around, says Basant Maheshwari, Author & Portfolio Fund Manager, Basant Maheshwari Wealth Advisers LLP.
Bloomberg TV Investing legend Laszlo Birinyi has nailed the eight-year bull market at every turn, and sees stocks continuing to rise going forward. He thinks stock bears are ignoring the high levels of cash floating around the market right now.
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