Johnson & Johnson (NYSE: JNJ) seems to be a stock that keeps repeating every week as one contributor's pick or another. This week, J&J bought breast implant maker Mentor Corp (NYSE: MNT). Peter Cohan thinks that "J&J's decision to make acquisitions in a down market looks pretty shrewd." Jamie Dlugosch also thought the move "brilliant."

Mosaic (NYSE: MOS) is a long-term investment that stands to gain once liquidity concerns are put to rest and since the worldwide inventory of soybeans, corn, and wheat is forecast to keep declining into 2009. Stephen Leeb thinks investors should use any temporary softness in price as a great buying opportunity for Mosaic's shares.

Apple Inc. (NASDAQ: AAPL), like J&J, is another weekly "staple" here. This week it's Sheldon Liber who thinks there is value in Apple. "Given a P/E of 17 and a reported $27 in cash and no debt, could there be a better time? I think not."

Goldman Sachs (NYSE: GS) was in the news this week because some analysts now predict it will report a much bigger loss than what is the consensus on the Street. While this could be the case, Doug McIntyre thinks this once world's premier investment bank' -- now converted to a commercial bank -- new online banking unit "should bring Goldman a lot of the assets it needs to fund its more profitable businesses."

Yahoo!, Inc. (NASDAQ: YHOO), surprisingly, found its way to this list of stock picks as Jamie Dlugosch thinks that with Jerry Yang gone as CEO and given its pristine balance sheet, Yahoo!, which is a profitable company, could become a takeover target and "at $10 or $11 per share is a fantastic bargain."

AT&T (NYSE: T), which was once out-of-favor given its conservative business model, now becomes attractive as it seems to be weathering the economic storm fairly well, thinks Joseph Lazzaro.

General Electric (NYSE: GE) surprised on the upside this week when it announced it expects to hit the low end of its prior guidance for the fourth quarter, pay a dividend, and intends to reduce leverage at GE Capital. Given investors had pretty much given up on GE, Jamie Dlugosch expect more upside surprises to come.

Motorola, Inc. (NYSE: MOT) had plans to spin off its handset unit, but given the current climate, that has been delayed. Doug McIntyre thinks "Motorola may still have to dump its cell operation and perhaps put it into Chapter 11."

Palm, Inc. (NASDAQ: PALM) is a distant third in the smartphone market these days. Doug McIntyre warns that if its 2009 launch doesn't work, the company may go under.