Technology, mining and food. Those areas are where five-star fund manager Michael Cuggino finds some promising possibilities for investors.
His Permanent Portfolio is up 5.1 percent year-to-date, and up an average of 12.4 percent per year over the last three years.
(Scroll down for his Web Extra pick)
His first choice is computer security firm Symantec, which he believes has worked out the kinks from its acquisition of software maker Veritas.
"We've seen a couple quarters of solid execution," he told CNBC. "The operating metrics are getting better; they're looking at gross margin improvement; they've got a new suite of products coming out that should help the average selling prices going forward."
Cuggino also likes copper and gold mining company Freeport McMoRan, despite the volatility of commodities.
"I'm still a believer in the worldwide growth story," he said. "I think copper and many commodities are still in high demand...Freeport, specifically, is very geographically diversified, and they've done a good job of making more efficient their extraction business."
As a bonus pick for CNBC.com, he recommends fertilizer producer Mosaic. He says the strong and increasing demand for food makes the stock a good long-term "hold" or "buy."