European stocks rose Thursday following the European Central Bank’s rate cut and stimulus announcement. Meanwhile, U.S. markets this week continued to reach records levels. And according to some analysts, the bulls are just getting started.

“We believe that there will be a 6% earnings growth trajectory over the next six months” Chad Morganlander, Stifel Nicolaus portfolio manager, told FBN’s Liz Claman.

In order to capitalize on U.S. market conditions, Morganlander says portfolio diversity is essential.

“We are very bullish on the markets,” he says. “But you want to make sure that you are well-balanced within one’s portfolio.”

Tony Dwyer, Canaccord Genuity U.S. portfolio strategist, shares the sentiment.

“I think you’ve got to be in stocks,” he told Liz Claman. “I think fixed income has already rallied, you don’t want to be overseas because of the currency translation, so I think the best avenue for investment right now is definitely U.S. equities.”

Dwyer says he likes domestic large cap stocks – focusing primarily on companies in the financial, information technology, health care, and industrial sectors.