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