To give investors an edge, CNBC asked the market pros for their best investment advice now.
Making $$ On High Oil Prices
“Under these conditions I would give first priority to companies that aren’t dependent on increases in oil prices from this level or even current oil prices, and Golar is in liquefied natural gas, which is not affected immediately or directly by the level of oil prices, and they’re a company that’s converting tankers into liquefied natural gas storage and regasification, and that’s a growth business.”
- Phil Dodge, Stanford Group
Info Tech Plays
"Our best trade now is Eclipsys...They are a provider of hospital-focused solutions, and we think that this is one of the best fundamental stories if you look at the group over the last 12 months."
- Todd Weller, Stifel Nicolaus
Weller also likes: Allscripts, Quality Systems and Cerner.
Stick With Stocks
"The market doesn't have a terribly...robust picture going forward, but nevertheless, compared to 4 percent yield on 10-year Treasurys, I think stocks have the opportunity to outperform that by 5 to 6 percent over the next nine months."
- David Sowerby, Loomis Sayles
Sowerby likes: Applied Materials, Corning, Harris Corporation, Fossil and Dr. Pepper Snapple.