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Current DateTime: 05:39:06 01 Dec 2008
LinksList Documentid: 24890560
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Brooke Sopelsa, | 01 Jul 2008 | 01:50 PM ET
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The market may be headed south, but that doesn't mean your portfolio has to follow suit.  To give investors an edge, CNBC asked the market experts for their best stock picks now.

Betting on Regional Banks

“If we’re going to have any meaningful stock market move on the plus side, I think the banks are going to have to participate, perhaps they may even be the leaders of a market recovery, and I think Cullen [CFR  Loading...      ()   ] has demonstrated the fact that it’s going to be a major player in that regard.”

Randy Bateman, Huntington Funds Chief Investment Officer

Bateman also likes: Trimble Navigation [TRMB  Loading...      ()   ]

International Plays

Petrobras [PBR  Loading...      ()   ], it’s been expensive for quite a while here, earnings outlook is really looking quite attractive going forward here, looking about 12 percent earnings growth year-over-year for the next five years…We see about 20 percent upside to fair value, and with the recent pull back within this group as a whole, these large-cap integrated groups, it’s finally starting to look attractive here, where it hasn’t for about the last one or two years.”

Scott Snyder, Icon International Funds Portfolio Manager

Snyder also likes: Allianz SE [AZ  Loading...      ()   ]and K+S AG [SDF  Loading...      ()   ]

Bottom Fishing in Financials

A JPMorgan [JPM  Loading...      ()   ], a US Bancorp [USB  Loading...      ()   ], a Lincoln National [LNC  Loading...      ()   ] – if you’re looking at those types of stocks, I think those types of issues are going to survive here, they’re going to come out at the other end of the pipeline.  It doesn’t mean that we don’t get some more pressure to the downside, but I think you’re getting very close to, if not already in, total capitulation for the financials.  And again, very selectively in some of these issues, you can start to take some positions and build some long-term positions for the next year.”

Dan Genter, RNC Genter Capital Management

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