Doug Kass Likes Stocks (SPX, ETFC)

Doug Kass of Seabreeze Partners said it is time to make a shopping list after the recent stock market selloff. He says, "fear is the rational buyers' friend." Kass believes the U.S. economy is alive and well based on his company contacts and channel checks. He adds, "Many stocks that I follow are approaching or are already at attractive prices." Kass finds a silver lining in Europe's slowdown, specifically lower interest rates for the U.S. and lower energy prices. Kass thinks the S&P 500 (SPX) could hit 1250-1270, about 15 percent higher than Friday's levels. As far as individual stocks, Kass likes financials such as E*Trade Financial Corporation ETFC and mortgage insurers. Learn how to find the best stocks to trade each day in our 70 page E-Book and 90 minute online video for free.