Usually, the push is to get in on sectors that will do well in the coming months, but two veteran money managers say it's also important to know what to avoid.
Jerry Castellini, president and chief investment officer at CastleArk Management, tells CNBC's"Power Lunch" on Tuesday he's staying away from consumer staples.
"They are in the first innings of underperformance. You will see the earnings growth cycle kick in. Investors will move away from dividend players. Utilities and consumer staples will not do well," Castellini said.
Meanwhile, Andrew Slimmon, senior portfolio manager at Morgan Stanley Wealth Management, sees warning signs on energy.
"We have been a buyer of energy in Q4 2014 and Q1 2015 as an offset to our growth names. But I would short-term be somewhat more cautious given they have all rallied recently and earnings season is going to remind us that business has fallen off a cliff," Slimmon said.