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Market Pros' 10 Stock Picks & Pans (Pt. 2)

Stocks rallied Thursday, with the Nasdaq gaining as much as 3 percent intraday. Is this the beginning of a summer rally or should investors continue to be cautious?

Barry James, president of James Advantage Funds, and Dan Genter, president, chief executive and chief investment officer of RNC Genter Capital Management, shared their market outlooks.

James said investors should search for bargain stocks.

Non-cyclicals and some of the commodities would work out well," he recommended.

"And some of the energy stocks have seen some pullbacks."

(See Part 1 for Genter's outlook and stock recommendations.)

James Likes:

Del Monte Foods

Silver Wheaton

Newfield Exploration

James Dislikes:

MGM Mirage

Electronic Arts

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Scorecard — What They Said:

  • Genter's Previous Appearance on CNBC (May 11, 2010)
  • James' Previous Appearance on CNBC (May 5, 2010)

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Opposing Market Views:

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CNBC Data Pages:

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CNBC Slideshows:

  • Cramer's 12 Stocks to Play the Recovery

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Disclosures:

No immediate information was available for Genter or James.

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Disclaimer

Symbol
Price
 
Change
%Change
MGM
---
NFX
---
SLW
---
ABT
---
TEVA
---
IBM
---
ORCL
---
2330
---

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