- Tech Stocks: Three Picks
- Energy Stocks: Big Chill, Future Thrill?
- This Isn't The Bottom, But You Can Still Buy
- Shopping for Retail Stocks
- Earnings Surprises: Who Will Hit and Who Will Miss?
- “Put Cash to Work” on US Stocks
- Short and Long-Term Picks from BlackRock's Doll
- The Super-Bear Market
- Steve Forbes' Stock Market Rx
- Top Strategist: What I Buy Now
- Tech Stocks: Three Picks
- Bowyer: Mark To Market Still Lives (Unfortunately)
- Mad Mail: Why Not Shut the Market Down?
- Lightning Round OT: AFLAC, Valero and More
- Lightning Round: Chesapeake, Corning, J&J and More
- Cramer: What’s the Worst-Case Scenario?
- Game Plan: The Crash of '87 Scenario
- Cramer’s Double Secret Borrow-Binge Plan
- Your First Move For Monday October 13th
- History In The Making
- GM Held Talks With Ford Before Turning to Chrysler
- Markets to Fall 20% More at Most: IMF Economist
- G.M. and Chrysler Explore Merger
- Stock Market Crisis: Nation's Mayors Sound Off
- US Banks Keep Pressure on SEC to Deal With Shorts
- Financial Crisis Has Inflationary And Deflationary Potential
- What the Pros Say: Swap Jitters, Bottom Searches
- Viacom Warns of Third-Quarter Profit Shortfall
- US Consumers Lose Faith in Fed Due to Crisis
Text Size 
"Stay with the big-cap names that do a lot of business overseas, and wait for capitulation," says Church Capital Management founder and chief investment officer Gregory Church.
It's his simple formula, as more aftershocks rock the financial sector and indicator after indicator just points down.
"There's going to be an opportunity to buy this market, but we've got to go through a little bit more hell before we get there," he told CNBC.
Recommendations:
So which names look good to him?
"You look at companies that do a decent business overseas, companies like Procter & Gamble [PG
Loading...
()
], companies like Cisco [CSCO
Loading...
()
], where there's overseas build-out," he said.
Church also likes some utility names.
"I particularly like one, Progress Energy [PGN
Loading...
()
], 5.7 percent yield, a safe place to hide," he said.
Disclosures:
Disclosure information for Gregory Church was not immediately available.
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes