The energy and the pharmaceutical sectors have been under fire recently, but that's no reason for investors to skip these stocks for their 2016 playbooks, says John Manley, chief equity strategist at Wells Fargo Funds Management.
In the energy market, the best stocks are in the integrated sector, Manley told CNBC's "Power Lunch" on Tuesday.
"There are some pretty high quality stocks focused on the big integrated, the old seven-sisters type," he said. "You have downstream operations that offset a lot of the problems, you have cash flow, which helps to maintain the dividend, and I think that's a pretty good story."
All of the S&P sectors closed positive on Tuesday, led by consumer staples and energy, which were up 1.23 percent and 1.22 percent.