"The best thing to do in this market volatility is to take a deep breath and say, 'This too shall pass'," says Neil Macneale, who buys only stock split candidates for his 2-for-1 newsletter. Here is his latest.

"In general, getting out of the stock market at this time would be exactly the wrong thing to do. If 'buy low, sell high' means anything, we should be buying stocks now with whatever cash we can find. Otherwise, the ship will sail without us. Of course, given the exact market bottom is not knowable until after the fact.

"Indeed, new purchases may not be perfectly timed, but we continue to believe that it will be better than not buying at all. And because our policy with our 2-for-1 portfolio is to buy something every month, at least one of our purchases over the next several months will be very close to perfectly timed.

"The pace of split announcements has tapered way off, as seems to happen whenever there is market uncertainty. One has to think those boards of directors who buck the trend and go ahead and announce a split anyway must be very confident in their companies' ability to perform over the next few years.

"Of the five companies announcing splits in February, Suncor Energy (NYSE: SU) is my pick for our portfolio. Suncor is a Canadian company trading on both the Toronto and New York stock exchanges. SU is an integrated oil and gas company with production, transportation, refining and retailing operations.

"But the big story is the success it's having in the oil sands business where others are still struggling. It is actually producing 250,000 barrels of crude per day from its oil sands operations in Alberta. Reserves are huge and extraction technology is improving, so the future looks good indeed."

Each day, Steven Halpern's TheStockAdvisors.com offers the latest market commentary and favorite investment ideas from the nation's leading financial newsletter advisors.