Corporate earnings season shows that broad sector plays aren't the best bet, Rosecliff Capital's Mike Murphy said Monday.
Financials, he noted, were attractive, gauging from quarterly earnings results. "No one really had any missteps here," Murphy added.
On CNBC's "Fast Money," he also pointed out that a few big names had fallen short of Wall Street expectations.
"This is 100 percent a stock-picking market. You can't just throw a bunch of money in any one sector and just let it go for you," he said.
Joe Terranova of Virtus Investment Partners said that his top sector pick remained financials.
"You're seeing a little bit of a transition from the mortgage banking revenue side of the investments into the capital markets," he said, adding that he remained invested in Goldman Sachs, Morgan Stanley and American Express.
Insurers stand to do well, too, Terranova said, adding that he was long Travelers.
"Financials are going to lead us here," he said.
TheStreet CIO Stephanie Link looked positively at industrials.