A teetering global economy could cause earnings to decline, said Tavis McCourt of Raymond James.
Here are 15 stocks that McCourt and Raymond James are bullish on right now.
That multiple is above the S&P 500's long-term average but is warranted because of the shaky prospects for foreign stocks, McCourt said.
Buy these 15 stocks and play defense as the economy evolvesIn addition to sharing his economic outlook, McCourt gave Insider a list of 15 of his favorite stock picks right now.
The first two themes can help investors get defensive while the latter two speak to how the economy is shifting.