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Investing in financials or trading technology stocks? Marc Pado, U.S. market strategist for Cantor Fitzgerald and Dan Genter, president, CEO and chief investment officer of RNC Genter Capital Management offer CNBC their stock picks.
Buy financial stocks now for a long-term investment, but be very selective, Genter said.
He said some financial stocks have not been damaged and will survive the “capitulation.” Genter recommends JPMorgan, US Bancorp and Lincoln National.
“They are fundamentally sound, they’ve just been caught in this carnage…they’re going to come out the other end of the pipeline,” he said.
Randy Bateman, chief investment officer of five-star-rated Huntington Funds, revealed his stock picks to CNBC.
Cullen/Frost Bankers : "If we're going to have any meaningful stock market move on the plus side, the banks are going to have to participate," Bateman said.
Cullen has been a leader in this sector by keeping of all its activities in Texas, a state that is actually benefiting from the hike in gas prices, Bateman said. On top of that, the stock offers a 3.5 percent yield from its dividend, he said.
Trimble Navigation: The electronic equipment company, which specializes in GPS equipment, "enhances productivity in every aspect of their business," Bateman said.
"If we've got a little bit of inflation starting to rise its ugly head, I think we're going to need to see as much productivity enhancement as we possibly can," he said.
He added that despite a volatile market, the company has performed particularly well in the past 12 months.
Disclosure information was not immediately available for Bateman or his company.
Scott Snyder says global markets still have plenty of upside potential.
The portfolio manager for the 5-star-rated ICON International Funds says too many investors are getting "overly emotional" and looking "month by month."
"We take a quantitative, 'non-emotional' approach. We try to latch on to 1- to 2-year industry themes," said Snyder.
Will a dollar bottom derail his globalist strategy? Perhaps eventually -- but it's not a worry yet: "Clearly, the long-term trend is to a stronger dollar...but we're not seeing it yet," he said.
Snyder likes Brazilian energy firm Petrobras , Germany-based insurance and financial giant Allianz and chemical firm K+S, which trades on the Berlin Stock Exchange under the ticker "SDF."
Disclosure information was not immediately available for Snyder or for his company.
Paul Larson says it's time to get back into equities.
The equities strategist at Morningstar says buying stocks now will set up your portfolio for a big payoff in three to five years.
Larson offered CNBC his top U.S.-traded stock picks.
Two of them may seem paradoxical: he likes Mexican-based cement company Cemex -- and Internet icon eBay.
Larson praises Berkshire Hathaway, which "benefits when the rest of the financial sector is in pain." He also notes that billionaire CEO Warren Buffett is "still at the helm...creating value."
The strategist also likes pharmaceuticals firm Novartis.
No disclosure information was available for Larson or for his company
Mark Parr, a steel analyst for KeyBanc Capital Markets, said the next year is prime time to stock up on steel.
“We think this continues to be a very fertile place for solid capital gains,” Parr said.
With the Dow Jones steel index increasing 40 percent in the last year and 5 percent in the last month, Parr offered a few of his stock picks to get in on the trading action.
Nucor's stock has increased 27 percent in the last year. Look to Nucor on the large-cap side because it is has been behind other steel companies, Parr said.
U.S. Steel's stock has increased 71 percent in the last year. Vertical integration is the best strategy for the steel industry, Parr said.
Reliance Steel & Aluminum's shares have increased 31 percent in the last year. A shortage in raw materials is another reason steel is a hot pick right now, Parr said. General industrialization will keep the demand high.
Olympic Steel stock has increased 161 percent in the last year. Look to Asia for increased demand, Parr said.
Steel Dynamics stock has increased 83 percent in the last year.
Disclosure information was not immediately available for Mark Parr and his company.
Conservative spending and high productivity have helped tech stocks thrive in a weak economy, said Scott Kessler, director of the Information Technology Research Group at Standard & Poor's.
Here are a few stocks he recommended as potentially recession-proof.
EMC : The computer hardware company's first-quarter results were better than expected, and it plans to further invest in sales and marketing, Kessler said.
"A lot of people know them for being the largest provider of storage hardware," he said. "A lot of people don't know, however, that they're really big when it comes to software and services."
Although the stock is down 16 percent on the last six months, forward earnings are expected to rise 20 percent, he said.
Hewlett-Packard : S&P just upgraded the company to a "strong buy," Kessler said, adding that its stock trades cheap at a 12 or 13 multiple on the year.
"A lot of people, I think, were spooked by the EDS deal," he said. "We see a lot of potential there."
IBM : IBM is a good investment because it's not just about the financials, Kessler said. Energy companies and stocks are doing well and are therefore spending more when it comes to outsourcing and consulting. This will help companies like IBM andbusiness support services firm Accenture .
Oracle : The software company is a cheap stock that is sticking by 20 percent earnings growth each year, Kessler said. He predicts this growth will continue.
Neither Scott Kessler nor his company own shares in the above-mentioned firms or furnish them with investment advice.
Making money from options: Stacey Gilbert of Susquehanna Capital Group and Jon Najarian of OptionMonster.com offered CNBC their strategies.
Where has the options action been? "We've seen flows in retail stocks," said Gilbert. "But in terms of vaulation and sentiment," she's "less comfortable" recommending retail.
Gilbert says there is a strategy for investors who are long stock, naming Citigroup specifically. She says it only works for investors who don't expect the financial giant to have "a pop," but rather a "long grind."
Darren Chervitz has a stock play at the intersection of small caps, India and the Internet.
Chervitz is director of research and co-portfolio manager of the Jacob Internet Fund, rated four stars by Morningstar.
"It's a tricky time...[But] long-term, there are still a lot of opportunities," Chervitz told CNBC. However, he cautions investors to plan patiently before buying aggressively.
He recommended small-cap firm Rediff.com India.
"It's the leading independent Web portal in India," Chervitz said. "Google and Yahoo are there [in India] too," but Rediff enjoys local popularity.
And he sees "real long-term opportunity," as India's Internet market has only "grown mildly" compared to other rising market's like China's.
Disclosure information was not immediately available for Chervitz or for his firm.