BlackRocks Rick Reeder said the stock still has a way to go down during uncertain times, but its likely to rise further by the end of the year.
According to CNBC on the 16th, Rick Leader said that if the stock price falls once more, it is a good opportunity to buy.
Rick Reeder said it would be attractive to increase the cash portion for the time being, adding that he expects the Treasurys returns to be higher than expected just a few weeks ago.
