To give investors an edge, CNBC asked the market pros for their best investment advice now.

For the first time in a long time, it looked as if oil was going to stay out of the market headlines.  No such luck. 

In another wild day in the markets, CNBC asked the pros for their best investment advice. Here's what some of them had to say.

Applied Materials has approached beleaguered Dutch semiconductor equipment maker ASM International to buy a significant part of its business for $400 million to $500 million.

Microchip equipment maker Applied Materials posted a drop in its fiscal second quarter revenue and profit in the face of a slump dogging the industry.

Money is moving out of commodities and into growth cyclicals such as technology and financials in anticipation of an economic recovery in the second half of 2009.

As fuel prices soar and the government debates Big Oil taxation, what's an investor to do? Turn to alternative ways to play energy, according to Kevin Landis, chief investment officer at Firsthand Capital Management.