stocks

The Week: Stocks Rise as Oil Waffles

Andrew Fisher

Oil dominated the news again during the week, though crude prices fell back for a change.

Economic data also moved the markets, which finished up for the week.

Photo: Oliver P. Quillia for CNBC.com

The Memorial Day holiday shortened the trading week to four days, but there were plenty of recommendations from CNBC guests. 

Tuesday:

Mergers and acquisitions returned to the headlines with reports that global beverage giant InBev has been in talks to acquire America'sAnheuser-Busch .

BlackRock's Bob Doll said he's encouraged by the M&A talk, and recommended Hewlett-Packard, despite -- or, possibly, because of -- a large drop in that company's stock price on news of a deal to acquire EDS .

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Consumer confidence registered its lowest reading in 16 years, but the reading was still not as bad as expected. New-home sales unexpectedly rose for the first time in six months, although they remained near a 17-year low.

Dan Genter of RNC Capital Management and Jill Evans of Alpine Funds recommended stocks that pay big dividends.

Genter picked Taiwan Semiconductor , Microchip Technologies , Eastman Chemical , Johnson & Johnson , JPMorgan Chase , US Bancorp , Enerplus , Leggett & Platt , and VF Corporation .