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Stock Pickers Like a Builder and a Biotech Firm
Natalie Erlich | 02 Dec 2008 | 04:45 PM ET
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As the Dow Jones Industrial Average soared Tuesday to close 270 points higher, CNBC asked market experts for their best investment advice.

Building Profits

“[Lennar] [LEN  Loading...      ()   ] had gotten unusually cheap, given they were focused more on being a merchant builder and moving away from having bigger land positions. We thought it made sense and the stock responded pretty favorably.”

- David Goldberg, UBS analyst

'Dynamic Growth Drivers'

A deal for Roche to buy the remaining shares of Genentech [DNA  Loading...      ()   ] "might not get done due to liquidity issues right now. Even if it doesn’t, they’ve got several dynamic growth drivers in cancer. It’s a company that makes money so there’s great cash flow.”

- Michael Cuggino, Permanent Portfolio Funds portfolio manager

Cuggino also likes State Street [STT  Loading...      ()   ] and Chevron [CVX  Loading...      ()   ].

More Investment Advice on CNBC.com

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