Portfolio manager sees promising year, stock plays in U.S.

The period of uncertainty during "fiscal cliff" negotiations may be a good time for investors to acquire stocks, said Ross Margolies, founder of Stelliam Investment Management. With other parts of the world lacking promise in the near term, the U.S. economy stands out amid classic signs of recovery in the auto and housing sectors. With that in mind, Margolies has several buy recommendations.

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