Small cap banks, life sciences stocks look attractive, says CIO

STORY: There are “a lot of great small cap names and that space where you got to be a stock picker, you gotta pick the right ones. But when you do, there’s a lot of alpha to be generated and there’s a huge pot of cash,” according to Morris who recommends investors consider exchange traded funds that invest in this area which gives “you an opportunity to let someone else do some of that underwriting and stock picking for you. It’s a tough space out there. You do need to be good at figuring out where is the science going, plus what’s going to behave like a good stock.”