Shares of electrical equipment companies opened lower Friday as the broader market fell sharply amid worries over government-backed mortgage companies Fannie Mae and Freddie Mac, while oil prices climbed to new record highs.

Almost everywhere they looked during the week, investors saw red ink flowing. But CNBC guests worked hard to find bright spots in the murk.

To give investors an edge on their portfolios, CNBC asked the market experts for their best stock picks now. 

The collapse of negotiations with Microsoft may have sent Yahoo shares tumbling, but the development is not scaring Dave Rovelli of Canaccord Adams away from technology entirely. "There's some healthy profit-taking right now," he told CNBC.  "It's good for the market."