Volatility-Beaters: Steel and Internet Stocks

To help investors survive this volatile market environment, CNBC asked the experts for their best stock picks now.

Time to Stock Up on Steel?

“We think this continues to be a very fertile place for solid capital gains over the next 12 months.  Steel pricing momentum continues to move higher through the summer, which is very unusual, and we’ve got legitimate shortages of raw materials around the world.”

- Mark Parr, KeyBanc Capital Markets Managing Director

Parr likes: U.S. Steel , Nucor , Steel Dynamics , Reliance Steel and Olympic Steel .

Steel Stock Steals

“We like U.S. Steel …They’re the biggest tubular pipe player in the U.S.  Prices are going to rise steadily with energy demand there.”

- Timna Tanners, UBS Steel & Building Materials Analyst

Tanners also likes: Commercial Metals .

Small Caps for Large Returns

[On Rediff ] This is a company that is really the leading independent portal in India…this is a company that has a pretty good share in email and news, and given the importance of the India market, we think it’s potentially a very attractive acquisition opportunity for other larger media companies looking to gain some share in that space.”

- Darren Chervitz, Jacob Internet Fund Director

Chervitz also likes: SourceForge .

© 2008 CNBC.com