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Jun.14
8:45 AM ET
Saturday, 14 Jun 2008
The Week:  Pickers Think Big, Global, High-Quality
Companies:Applied Materials Inc | Corning Inc | Harris Corporation | Fossil Inc | Eclipsys Corporation | Quality Systems Inc | Cerner Corporation | S | Petroleo Brasileiro S.A.- Petrobras | XTO Energy Inc | Transocean Inc | Schlumberger Ltd | Deere & Co | Automatic Data Processing Inc | Johnson and Johnson | Wells Fargo and Co | FirstEnergy Corp | Dynegy Inc (Holding Co) | Public Service Enterprise Group Inc | FPL Group Inc | Reliant Resources, Inc. | Southwestern Energy Company | Ultra Petroleum Corp | Nabors Industries Ltd | National Oilwell Varco Inc | Rowan Companies Inc | International Business Machines | HJ Heinz Company | Merrill Lynch & Co Inc | Arch Coal, Inc. | Swift Energy Co | Oracle Corporation | Sybase Inc | BMC Software Inc | Triquint Semiconductor Inc | ASSURED GUARANTY LTD | McDonalds Corp | Owens-Illinois, Inc. | Hewlett-Packard Co | Wal-Mart Stores Inc

The week began with a flashback to the credit crisis.  It ended with figures showing the fastest inflation in six months and the lowest consumer-sentiment reading in 28 years.  Along the way, as the stock market ebbed and flowed, CNBC guests assembled a collective portfolio that was heavy on technology, energy, and global exposure.

Monday:

Lehman Brothers [LEH  Loading...      ()   ] warned of an unusually large $2.8 billion quarterly loss, and pledged to raise $6 billion in new capital.  April pending-home sales, a leading economic indicator, rose 6.3 percent.

David Sowerby of Loomis Sayles recommended technology stocks, with their abundance of free cash flow:  Applied Materials [AMAT  Loading...      ()   ], Corning [GLW  Loading...      ()   ], Harris Corporation [HRS  Loading...      ()   ].  He also liked trendy watchmaker Fossil[FOSL  Loading...      ()   ] and beverage producer Dr. Pepper Snapple [DPS  Loading...      ()   ].

Stifel Nicolaus's Todd Weller went with information technology:  Eclipsys [ECLP  Loading...      ()   ], Allscripts [MDRX  Loading...      ()   ], Quality Systems [QSII  Loading...      ()   ], Cerner [CERN  Loading...      ()   ].

Gary Anderson of the UMB Scout International Fund pointed overseas to Novo Nordisk [NVO  Loading...      ()   ], United Overseas Bank [UOVEY  Loading...      ()   ], and Petrobras [PBR  Loading...      ()   ].

Tuesday:

The trade gap widened more than expected.  Fed chairman Ben Bernanke warned that oil prices are driving inflation.  XTO [XTO  Loading...      ()   ] announced it was buying privately-owned Hunt Petroleum.

Phil Orlando of Federated Investors recommended not oil companies, but oil exploration and equipment firms:  Transocean [RIG  Loading...      ()   ] and Schlumberger [SLB  Loading...      ()   ].

David Riedel of the Riedel Research Group suggested Deere [DE  Loading...      ()