Strategas Research Partners Like KO And SLB

Jason Trennert of Strategas Research Partners spoke on CNBC about possible investing strategies. Strategas Research Partners would go long on Coca-Cola (NYSE: KO) and Schlumberger Limited (NYSE: SLB), while they would short Treasuries.

Coca-Cola (KO) is their favorite because it has a limited need to access credit  markets, and broad exposure to foreign markets that makes her a huge generator of cash. Although the Bush tax benefits for sugary drinks are expiring soon they think that this won't hurt Coca-Cola (KO). The company also pays solid dividends.

Strategas Research Partners are optimistic about energy and public sector. Public spending is currently high in many countries, and if China continues to keep its foot on accelerator the oil prices will move higher. Schlumberger Limited (SLB), an oil service provider, will benefit if oil prices were high but steady.

Coca-Cola (KO) opened in the negative territory on Wednesday trading around $53.2. Schlumberger Limited (SLB) was down around 1%.