The week was a mixed bag of economic and market news, most of it on the negative side. Oil prices continued to hit record highs, the market officially entered bear territory and the European Central Bank socked it to the U.S. by raising rates a quarter-point. Despite all of this, CNBC guests found bright spots in steel, financials, tech and international stocks.
The European telecom sector could be a good place for investors to park their cash, particularly Deutsche Telekom and UK's Vodafone, James Bevan, chief investment officer at CCLA Investment Management, said.
Shares of leading mobile handset maker Nokia have fallen nearly 40 percent so far this year, producing a great buying opportunity for a still-growing tech company.
Warren Myers at Walter J. Dowd is hopeful about the tech sector -- and shares his stock picks with CNBC.
Five-star portfolio manager William Fries says you can make money in this global slowdown -- with these "consistent earners."
Bill Schultz at McQueen, Ball & Associates recommended large-cap multinational corporations; but Douglas Roberts, founder and chief investment strategist for Channel Capital Research, argued that small caps are the better investment.
As economies around the world struggle, it's best to stay in defensive areas like health care, according to Markus Ratz, fund manager at Lupus Alpha.
Kevin Divney at Putnam Vista Fund shared his top oil-equipment stocks.
Jim Steel, chief commodities analyst for HSBC, said rising precious metals prices are making them a safe investment.
Paul Noglows, director of research from Lazard Capital Markets, shared his four stock picks with CNBC.
Brent Wilsey, president of Wilsey Asset Management, offered CNBC his top five stock picks: companies that focus on beauty and health products.
Yes, global real estate is slowing down. But 5-star manager Joe Rodriguez says that you can still profit -- if you "focus" on quality.
With soft commodity prices at record highs, is it time to invest in the sector?
Neel Tiku from Peak Financial Management says be careful about financials and other credit skewed investments.
Federated Investors' Dean Kartsonas said his third-quarter investment strategy will focus on companies that offer value in a tough economy.
U.S. tobacco market is the way to go for investors who want to keep their money safe, says Nik Modi, a tobacco analyst at UBS.
Investing in financials or trading technology stocks? Marc Pado, market strategist for Cantor Fitzgerald U.S., and Dan Genter, CEO of RNC Genter Capital Management, offer CNBC their stock picks.
Randy Bateman, chief investment officer of Huntington Funds, told CNBC about his five-star stock picks.
Five-star fund manager Scott Snyder says global markets still have plenty of upside potential. The key: "non-emotional" investing.
Daniel Dicker, president of Mercbloc, has a "radical idea" to bring down oil prices.