Noland Carter, chief investment officer of Heartwood Wealth Management, tells The Wall Street Journal why he likes big company stocks.

Despite the problems in the euro zone, the global recovery remains on track, supported by low interest rates. Economic growth is still strongest in Asia but is also picking up nicely in the US. Our view is that, with equities still looking reasonably cheap and companies generating good profits, emerging market and US equities should make solid, if unspectacular, gains over the rest of this year.