Top fund manager John W. Rogers Jr. says he’s focusing on “service companies in niche areas” in 2013.
“A chorus of voices continues to fret about a new normal, whereas I simply expect a return to normalcy,” Rogers writes in his latest Forbes column. “Everyone is focused on the bad news, and you hear a lot about slow growth and low returns. I expect growth to pick up, unemployment to fall and stocks to continue their climb.”
Rogers looks at several of his current favorite stocks, including picks from the energy services, biotechnology, and human resources consulting areas. Among them: Bristow Group, which provides helicopter services to and from offshore rigs.