Oppenheimer’s Technician Is Buying Growth Over Value, And Tech Over Financials

Oppenheimer believes investors should be long U.S. large cap stocks, but come choices are much better than others.

Despite a strong start to 2016 for value stocks, analyst Ari Wald is sticking to his call that growth is the place to be.

“One of our long-standing views has been that the S&P 500 is in a secular bull market and large-cap Tech is likely to lead this advance, and to pick Value over Growth could be viewed as inconsistent to this stance,” Wald explains.

The Oppenheimer’s latest monthly report of 50 stocks to buy and 50 stocks to sell includes several major new additions.

New additions on the stocks to buy list include Pioneer Natural Resources PXD 3.76%, Honeywell International Inc. HON and Philip Morris International Inc. PM 0.29%.

Names added to the stocks to Sell list include…

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