To help investors through this volatile market environment, CNBC asked the experts for their best trades now.
Searching for Growth
"People think of [W.R. Grace ] as a construction company, but it's much, much more than that. For instance, one of the products they make are sealants for cans...last year, they sealed over 340 billion cans...if people think the economy is going to be slowing down, they're going to be buying more canned products."
Neil Hennessy, Hennessy Focus 30 Fund
Hennessy also likes: Oil States and Airgas
"If the economy's going to continue to remain weak, I think the telecom group has room...AT&T and Verizon have been weak the last 30 days, on the assumption that cell phone penetration has peaked; I'm not sure that's true."
Charles Smith, Fort Pitt Capital Chief Investment Officer
Smith also likes: ITT and Ingersoll-Rand
The Case for General Electric
“[General Electric] is a company, in my view, that is going to be around for the long haul, you have a triple-A rated balance sheet, a 4.5 percent dividend yield. This is a name you want to own as a core name in a portfolio, even if it does go a little lower here in the near-term.”
John Buckingham, Al Frank Asset Management
(General Electric is the parent of CNBC and CNBC.com.)