Markets aren't stagnant today, and your portfolio shouldn't be either. To give investors an edge, CNBC asked the market experts for their best stock picks now.
Time to Take on Risk?
"There's a ton of cash on the sidelines — $3.5 trillion — the hedge community, by and large, is on the short side of neutral, you've got fair valuations, and we're looking at a situation now where you could see the dollar stabilize. That could cause international investors to come into our market. I think it's a great time to take risk at this point in time."
- Phil Dow, RBC Wealth Management Director of Equity Strategy
Dow recommends: Cisco, Amdocs , ConocoPhillips and Patterson-UTI Energy.
Betting on Energy, Industrials
"Chevron is a name we'd be adding to, currently...I think it has the best production growth profile among the integrateds. If you look at the Unocal acquisition, which was made about three years ago, I think that's going to prove to be a really shrewd deal."
- Dan Manion, Sentinel Common Stock Fund Senior Portfolio Manager
Manion also recommends: United Technologies, Honeywell and General Electric.
"I think right now, the market's in a position where it's short-term over-bought...Investor sentiment is no longer pessimistic, but...it's [not] extremely optimistic either."
- Sean Clark, Clark Capital Management Chief Investment Officer
Clark recommends: Apple, Google and Research In Motion.