"Our stock selection is based on assessing the investment criteria of various legendary investors, ranging from Ben Graham to Marty Zweig," explains John Reese.

The editor of Validea newsletter continues, "In this case, our latest feature on Western Digital (WDC) is based on the strategy of Peter Lynch. Indeed, the stock scores a 100% rating based on our Lynch model.

"Western Digital Corporation designs, develops, manufactures and sells hard drives. Its hard drives are used in desktop computers, notebook computers, and enterprise applications such as servers, workstations, network attached storage, storage area networks and video surveillance equipment.

"One way to protect yourself in a difficult market environment is to buy shares in low-risk, blue chip companies; one outstanding examples is Microsoft (NASDAQ: MSFT)," suggest Kuen Chan & David Sandell.

In The Complete Investor, they explain, "The company is safe, strong, and able to grow even in a weak economy. It also has more than $25 billion in cash and equivalents and almost no debt."

"Microsoft is near ubiquitous in the computer world. Some version of its Windows operating system runs on roughly 90% of all personal computers, while its Office Suite programs have more than 550 million users.

While many advisors and investors focus on the iPod and the iPhone when assessing the outlook for Apple Inc. (NASDAQ:AAPL), Nate Pile has a different take.

The editor of Nate's Notes explains, "As often happens following the release of widely anticipated news, Apple has drifted lower over the past few week -- and it would not surprise me at all to see this downtrend continue for another several weeks while analysts and investors alike fret over 'slowing iPod sales' and debate over the merits and the potential of the iPhone."

And while he expects that the iPod and iPhone will remain in the spotlight for the next several quarters, he adds, "These products are not our primary reason for being in the stock. That honor goes to the company's iMac line."

Indeed, based on the expanding markets for the PC/digital world, he believes we will see an "unexpected surge" in iMac sales.