Here are four investments to make right now with stocks at risk of giving up their gains.
"When we see windows of market distress, we tend to have a range of different opportunities to deploy that cash," McLennan said.
If foreign currencies continue to strengthen relative to the dollar, the fund managers think international stocks could take off.
Perhaps that's why, of their four favorite investments to make right now, three are international stocks.
All three of the stocks McLennan and Brooker are most bullish on are all trading at discounts despite being leaders in their fields and having strong leadership teams, they said.
Persons:
Matt McLennan, Kimball Brooker, McLennan, it's, Morningstar, Brooker, there's, they're, Wednesday's, Goldman Sachs, they'll, They've
Organizations:
Eagle Global Fund, Federal, McLennan