Mutual Fund Center Loomis Sayles Fund Avoids Financials
By Gregg Greenberg 01/28/10 - 08:33 AM EST
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Add CommentStock quotes in this article: CLDA BOSTON (TheStreet) -- John Slavik, co-manager of the Loomis Sayles Small Cap Growth Fund(LCGRX Quote), says increased regulation will hamper financial companies in the near term, which is why investors should consider technology stocks instead.
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Welcome to TheStreet's Fund Manager Five Spot, where America's top mutual fund managers give their best stock picks in five fast and furious questions.
What is your top under-the-radar stock pick?
Slavik: Our favorite "sleeper" stock is Clinical Data(CLDA Quote), a pharmaceutical company that addresses depression. The company already possesses very solid phase three data for a drug that will compete in a multibillion dollar industry. There is minimal Street coverage for this name, which has a management team that has executed in the past to the benefit of its shareholders
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