Technology. Especially in high-growth sectors like Voice over Internet Protocol (VoIP), network security and carrier routing. Names to watch: Cisco Systems, Juniper Networks

Finance. Cannon Tingey expects a "rally" in the finance sector, Alan Tingey said, due in part to the expected cessation of short-term interest rate increases by the Federal Reserve later this year, and the resurgence in corporate loan growth. Names to watch: U.S. Bank, American Express.

Capital goods. The growth of the global economy means more, more, more. Name to watch: General Electric.

Health care. The aging of the U.S. population lends itself to health-care investing, including pharmaceuticals. Names to watch: Lilly, BioMet.