Dorfman Recommends Merck, Cal-Maine Foods, and Paycheck (MRK, CALM, PAYX)

In an interview with CNBC, John Dorfman, portfolio manager at Dorfman Value Fund, said that the signs indicate that the markets and economy are on the right track. He also pointed out that firms are boosting their dividends. According to Dorfman, raising dividend rates indicates that the firms are looking to have sustainable earnings. He said that he prefers stock with 4 percent dividend payouts with a 5-year growth rate. He also shared his stock picks with CNBC. He likes Merck MRK and Cal-Maine Foods CALM. He also recommended buying Paychex PAYX.