The one thing Corbin fears is fresh trouble in the banking system and another round of selloffs in financial shares. For now, his favorite stocks are UPS (UPS), Pfizer and Medtronic (MDT). "These companies have low price/earnings ratios and decent yields, and franchises that are unlikely to be damaged in a downturn," he says.

The one thing Corbin fears is fresh trouble in the banking system and another round of selloffs in financial shares. For now, his favorite stocks are UPS (UPS), Pfizer and Medtronic (MDT). "These companies have low price/earnings ratios and decent yields, and franchises that are unlikely to be damaged in a downturn," he says.

The one thing Corbin fears is fresh trouble in the banking system and another round of selloffs in financial shares. For now, his favorite stocks are UPS (UPS), Pfizer and Medtronic (MDT). "These companies have low price/earnings ratios and decent yields, and franchises that are unlikely to be damaged in a downturn," he says.

The managers' favorite stock this spring is no stranger to controversy; it practically defines it. General Electric (GE) has been whipsawed by concerns about the credit quality of its mammoth GE Capital unit, even as the global recession has pinched its industrial arm. The company recently lost its vaunted triple-A credit rating, cut its dividend 68% and fell below 6 a share in March, an 18-year trough, before doubling to 12. So, what's to like about this wounded giant? David C. Hartzell, founder of Cornell Capital Management in Buffalo, N.Y., praises GE's 3.5% yield (based on its new 10-cent quarterly payout) and its portfolio of valuable industrial assets. He sees the shares doubling again, to 24, in coming months as investors come to realize they have overestimated the company's risks. "Five years from now, people are going to look back and find it hard to believe GE sold for $5 or $6 a share," says Hartzell, who spent five years working for the company.

GE was a Big Money favorite last fall (ouch!), as were Berkshire Hathaway (BRKA) and Wells Fargo (WFC), both top picks again this spring. They're joined by Apple (AAPL), Chesapeake Energy (CHK), Monsanto (MON) and Loews (L), the subject of a favorable Barron's story on Feb. 23.

GE was a Big Money favorite last fall (ouch!), as were Berkshire Hathaway (BRKA) and Wells Fargo (WFC), both top picks again this spring. They're joined by Apple (AAPL), Chesapeake Energy (CHK), Monsanto (MON) and Loews (L), the subject of a favorable Barron's story on Feb. 23.

GE was a Big Money favorite last fall (ouch!), as were Berkshire Hathaway (BRKA) and Wells Fargo (WFC), both top picks again this spring. They're joined by Apple (AAPL), Chesapeake Energy (CHK), Monsanto (MON) and Loews (L), the subject of a favorable Barron's story on Feb. 23.

GE was a Big Money favorite last fall (ouch!), as were Berkshire Hathaway (BRKA) and Wells Fargo (WFC), both top picks again this spring. They're joined by Apple (AAPL), Chesapeake Energy (CHK), Monsanto (MON) and Loews (L), the subject of a favorable Barron's story on Feb. 23.