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Stock Picks for Wild Market

Brooke Sopelsa,|Video Producer
Friday, 6 Jun 2008 | 1:07 PM ET

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.

CNBC Investor Network
An outlook on the markets, with John Glassman, Pacific American Securities trader and CNBC's Dylan Ratigan.

Betting on Natural Gas

“Natural gas is one sector that is performing right today. CHK, APA...ENR , AMSC have been showing good signs of strength. So natural gas is one place that we do see a little bit of safety.”

- John Glassman, Pacific American Securities

Building Profits in Infrastructure
The surge in commodities will build profits in infrastructure, says John Derrick, U.S. Global Investors director, research

Building Profits in Infrastructure

"We've taken what we call a 'picks and shovels' approach. We look at the building blocks of infrastructure, and I think that starts with steel. You can't have an infrastructure project without steel that's behind it, so, for instance, U.S. Steel would be an excellent example there. You can't have an infrastructure project without cranes to build the buildings, and the roads...Manitowoc is a name there...Foster Wheeler, obviously, large, engineering-construction firm, really levered to the energy/LNG/power markets."

John Derrick, U.S. Global Investors Director of Research

Buying Opportunities
Some buying opportunities in tech and healthcare, with Christopher Zook, CAZ Investments; Larry Adam, Deutsche Bank Private Wealth Management and CNBC's Mark Haines

Best Ideas Now

“Best idea right now would be Applied Materials . We believe there’s a tremendous growth opportunity there in the solar business…you’re going to get core strength in their core businesses as well. It’s a good valuation, good stock that we expect to do well over the next three to five years.”

Christopher Zook, CAZ Investments

Zook also likes: Procter & Gamble and Genentech

The Friday Trade
Preparing your portfolio for next week, with Mark Travis, Intrepid Capital Funds; Warren Meyers, Walter J. Dowd and Alec Young, S&P

Conservative Plays

“It’s a really scary environment this morning, with all the headlines…I think you have to go with a couple of the conservative plays here, some of the defensive issues. I like tech on dips, and if you have the stomach for it, continue to play some of the commodities.”

Warren Meyers, Walter J. Dowd

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AMAT
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AMSC
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APA
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CHK
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ENR
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FWLT
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MTW
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PG
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X
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