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Getting profits from the pipeline is more than a metaphor for Joseph Keating.
The chief investment officer of private asset management for RBC Bank recommends the stocks of two pipeline companies as worthy investments in a troubled time for the markets.
What's not in the pipeline? Interest rate changes, he says.
"I think (Fed officials) effectively did their job, that they changed expectations about cutting rates, and we think they're done, probably until early '09," Keating told CNBC. He added, "I don't see how they could raise rates. The fact that we're still seeing the unemployment rate rise... it's the wrong policy to raise rates."
"I really like the pipeline area," Keating replied, when asked about promising stocks. "Enterprise Product Partners is a pipeline of natural gas across the United States...one other would be Enbridge Energy Partners, which is an oil pipeline...bringing the oil from the tar sands in Alberta, Canada, down into the U.S."
Disclosure information for Joseph Keating was not immediately available.
Craig Hodges has some big ideas about small caps, and one of them even involves a company in the financial space.
He's co-portfolio manager of the Hodges Fund, which is up an average of 19.3 percent per year over the last five years.
His first pick is Bristow Group, which operates helicopters that ferry oil-rig crews to and from offshore drilling platforms.
"The reason we like it so much is the tremendous high barriers of entry," he said. "Most of these large helicopters go to the military...so if you wanted to try to start a helicopter company to compete with Bristow, you flat couldn't do it, because you couldn't get the helicopters."
Bristow also recently acquired a pilot-training company, an effective hedge against a pilot shortage.
Hodges also likes US Global Investors.
"In the financial segment, the asset managers we think are a tremendous buy," he said. "US Global's a small company out of San Antonio...we think they're going to be able to grow their assets fairly significantly here."
Hodges owns Bristow Group and US Global Investors through his fund.
Five-star fund manager Gerald Jordan finds power for his portfolio across the spectrum of energy stocks. His Jordan Opportunity Fund is up nearly 12 percent in this troubled year.
Jordan is very selective about energy sources: He's enthusiastic about solar power, less so about wind energy.
"Wind is going to become less effective over time, whereas solar is just starting to ramp, and there's a lot more locations for solar," he told CNBC.
He likes two Chinese solar-energy companies.
"JA Solar and Yingli Green both have terrific management teams; they've executed extraordinarily well; they've got good access to polysilicon," he said. "As prices stay high, that helps them; as they come down, they'll be able to cut price to compete against some of the other, big-name companies, and still keep their margins high."
The flooding in Iowa has spread its economic stress to more than just rising corn prices. Many Iowa-based companies are also feeling the strain, causing production to stop and stocks to move.
The railroad company's stock dropped as it declared an embargo on its main east to west line.
Union Pacific's embargo also caused problems for Archer Daniels. The company suspended ethanol production at its Cedar Rapids plant on its inability to bring in or send out goods, but the stock remained up.
Weyerhaeuser stock fell as the company temporarily closed a container board mill in Cedar Rapids.
Despite having to suspend work at its Columbus hog plant, which processes about 9,000 hogs a day, Tyson's stock rose.
Isle Capri Casino
Isle Capri's shares fell after the flooding led to the closure of the company's Davenport casino for the fifth day.
For the first time since it went public in 1994, Lehman Brothers has posted a quarterly loss. But Morningstar's Ryan Lentell doesn't want that to sour you on buying brokerage shares.
"Short-term, you're not going to be doubling your money," he admitted to CNBC. "They're an investment that you're going to be holding for a long period of time."
But what about their current woes?
"If you revert back six years, you had the same arguments going on," he said. "It ended up being a tremendous buying opportunity; I think you're going to have these periods, time after time, with the investment banks."
What of perennial favorite Goldman Sachs?
"Long-term...Goldman's probably the best set-up firm," he said. "It's the most pricey, and the market realizes that...I think it's undervalued today, but I think you can get some better values in some of its competitors."
Competitors such as Morgan Stanley and Merrill Lynch.
"I think they're both at a little bit greater discount to their fair values than I would put Goldman," he said.
Neither Lentell, his family, nor his firm own any shares of, or have business relationships with, Goldman Sachs, Morgan Stanley, or Merrill Lynch.
Ted Parrish, co-portfolio manager of the Henssler Equity Fund, thinks it's time to get involved in some out-of-favor sectors like consumer cyclicals and even financials.
"We think that consumer cyclicals are in a good position right now," he told CNBC. "We would avoid some of the bear traps like housing stocks and some of the fattest retailers."
So where does he see opportunities for your portfolio?
"Niche consumer cyclicals like Garmin, the GPS-device maker, are a good way to experience some pretty high returns going forward this year," he said.
And he's even attracted to a bank.
"We bought some Bank of America last week," he said. "Even though they have a big issue surrounding the dividend, and whether they're going to cut it...I think the company's in a position to do extremely well coming out of this rough patch.
Full disclosure information for Ted Parrish was not immediately available.
Small- and mid-cap firms -- like a chemical-additive company, a software producer, and a tire-maker -- add up to a smart portfolio, according to the navigator of one successful fund.
Jonathan Vyorst is senior vice president and portfolio manager of the five-star Paradigm Value Fund.
(Scroll down for his Web Exclusive picks)
Vyorst's first selection is Innospec.
"This company is one of the largest makers of diesel-fuel additives," he explained. "Diesel...has a lot of pollutants, and environmental regulations now require that companies add more additives to diesel fuel, so these guys are making profits both from volume and from additional environmental regulations."
He also likes software product and service provider Sybase.
"Sybase is a cash cow," he said. "They just did a Dutch tender offer; they bought back 10 percent of their shares. That's a great value stock."
His favorite big company is Goodyear Tire & Rubber.
"It's the best turnaround story I've seen in at least five years," he said. "The caveat for Goodyear is that oil is an input cost...whenever oil comes down, Goodyear shares are going to go through the roof."
What's bubbling in the options market? General Electric and financials, according to one tracker.
J.P. Morgan Chase downgraded GE early Monday. But options in the stock were active well before, said Rebecca Darst of Interactive Brokers in an appearance on CNBC's "Squawk on the Street."
What stocks can provide energy for your portfolio? How about energy stocks? Steve Weeple is head of U.S. equities for Standard Life Investments, and he has some helpful suggestions about where to find the most energetic equities.
"We think there's a lot of energy left in energy," he told CNBC. "The commodity we're most excited about is electricity...we think there's under-investment still in that sector, and we think that prices still have to move higher in new generation capacity."
So where should investors plug in their portfolios?
"We would be primarily buying generators," he said. "Stocks like Dynegyand Reliant (Resources) , who have assets in the ground already."
He sees other promising corners of the sector as well.
"The other thing we like in electricity is the fact that regulators and utilities are trying to put more intelligence into the grid," he said. "Right now, we're just not using the electricity grids as efficiently as we could."
That's where he finds Itron and Comverge, which make meters to help customers measure their energy use more precisely.
Did options traders know that a downgrade of General Electric was coming? Maybe not, but the trading indicated that many market watchers thought something was up, according to Jon Najarian, co-founder of OptionMonster.com.
Option trades in Goldman Sachs have also been high, he said on CNBC's "Squawk Box," based on unconfirmed rumors about the firm last week. In addition, he said options on Lehman Bros. and AIG have also been active.
See his full interview here.