Skip navigation
Watchlist Sponsored By :

Current DateTime: 01:02:14 07 Oct 2008
LinksList Documentid: 24355697

Current DateTime: 10:58:40 07 Oct 2008
LinksList Documentid: 24890560
  • Protecting Your Portfolio

      Credit Crunch. Recession. Bear Market. There's a triple threat out there for investors. Here's a guide to managing your money.

  • Struggle at AIG

      The Federal Reserve comes to the rescue again with a $85-billion loan package to help shore up the giant insurer'sfinances in the the face of a possible chapter 11 bankruptcy filing.

  • Wall Street In Crisis

      Wall Street was badly shaken Sunday by the failure of Lehman Brothers, the takeover of Merrill Lynch and big asset sales by AIG.

By CNBC.com | 01 Apr 2008 | 05:10 PM ET
Text Size

Despite recent signs of strength in stocks, the markets are still in the red for the year. To help protect your portfolio, CNBC's "Closing Bell" got advice from George Shipp and Barry James, two 5-star fund managers who offered their strategies and stock picks.

Who

George Shipp, portfolio manager at Scott & Stringfellow

Strategy

- Buy companies with above-average yields and attractive dividends.
- Look for growth.
- Stay away from utilities and telecom right now.

Recommendations

- Kinder Morgan [KMR  Loading...      ()   ] 

- Allstate [ALL  Loading...      ()   ] 

- Waste Management [WMI  Loading...      ()   ] 

Disclosure

Shipp, personally and through his fund, holds shares in one or more of the above-mentioned stocks. (Contd.)

_____________________________________

Who

Barry James, president and portfolio manager at James Advantage Funds

Strategy

- Focus on capital preservation
- Make the shift from bonds to stocks
- Look for companies with strong overseas sales
- Stay away from housing-related names
- Don’t chase the big financials yet

Recommendations

- Owens-Illinois [OI  Loading...      ()   ] 

- Ampco-Pittsburgh [AP  Loading...      ()   ] 

- CSX Corp. [CSX  Loading...      ()   ] 

- Hewlett-Packard [HPQ  Loading...      ()   ] 

Disclosure

James, through his fund, holds shares in one or more of the above-mentioned stocks.

Disclaimer

© 2008 CNBC.com

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis