And 401k 529, emerging market. Where should small investors put their money to work right now . We asked 20 of the very top financial advisored in the united states, and you have to hear what they say. First, though to sue who is across the room at head waters today. Hi ty. Very volatile day on the street. The dow rising as much as 94 points. Then wiping out the gains. Its a little bit higher right now on the trading session, as can you can see. The dow is up 49 points on the day. The s p is higher as well and the nasdaq composite in the green too. Were keeping an eye on the tenyear note, of course because we do have the fed decision a little bit later today. We have a whoyear note Auction Going off the board, and rick is going to handicap that for us in just a few minutes. As ty said the big stock story of the day is apple. Its shares are surging on the back of that blowout earnings report, as can you see. Apple it s now up almost 8 on the trading session. The tech giant posting the biggest profit in corporate history thanks to soaring sales of the iphone. Our josh lipton spoke with apple ceo tim cook about the results and whats ahead for the company. Swrosh. Well sue, tim cook describing apples quarter as historic, and investors, they seem to agree. Setting that stock racing higher. Apple posting its highest earnings and revenue ever and that number that wowed wall street the most, though apple saying it shipped over 74 million i phones. Remember analysts had estimated around 66 million units. Strength coming from around the world with the u. S. Up 26 . Emerging markets up 58 . Mainland china, sue, up 100 . Ipad shipments down nearly 20 from a year earlier. Macs coming in at 5. 5 million. He was very excited about apple pay telling us that the service is off to in his words, an unbelievably strong start. What can investors expect in the months ahead . For one, remember apple usually updates its Capital Return Program in the spring and certainly apple can afford to give more cash back to shareholders. Its current cash pile 178 billion. While apple had teased the i watch as early as this year we now have a firm date. In april. Tyler, back to you. All right. Were going to bring in john ford. Iphone sales, blockbuster posting this stuff, john. Mac sales, ipad sales, a little bit. Ipad sales are down. Still a 9 billion dollar business. Amazon and others are selling tablets for much cheaper. Retail, very nice trick. Theyve got hundreds of stores expanding in china. Speaking of china, thats another trick. Theyre managing to grow revenue about 100 in Mainland China at a time when a lot of other people are having trouble making inroads there. Theyre also vertically integrated, which is a trick in and of itself. Apple pay and the watch, you know, were looking at those. The revenues arent showing up wret. Im starting to look at these as sort of enhancements to the ecosystem. Things like ilife used to be that will make people want to have a 6 or 6 plus and upgrade from previous phones. That should support average selling prices going forward. We just looked at the 800 million a day in revenue for this company in this quarter. Josh i mean apple has not always hit home runs with every product, but boy, i cant think of another company that has been more adroit of capturing the imagination of consumers than apple. Yeah, absolutely. You know, go back to your point, too, tyler. One trick pony but that is one impressive pony. Actually beating even the most optimistic estimates i was seeing. 55 million, 56 million. The iphone represents the bulk of the companys revenue. The majority of the companys gross profits. Its interesting to read through the notes today. Even though emerging markets, though, up 58 . That makes some analysts think the growth rate in the emerging markets could even be faster than they initially thought. Well go to chicago right now. Stay with us for a second there, josh and check in with Rick Santelli with breaking news. Well thank you, tyler. 26 billion twoyear note just hit the marketplace with the late auctions due to northeast weather. The yields 54 basis points. Almost half a basis point under where the one issue was trading. Lower yield. Higher price. The auction, i gave it an aminus. For a twoyear note auction, which not a lot of volatility. Its balance extremes. If you look at 3. 74 bid to cover, thats the december 13th. 48. 6 on indirect. The best since february of 2010. Considering everything this was a stellar auction. Of course we fwet two for tomorrow. 11 30 eastern, 1 00 respectively. Be there. Tyler, back to you. All right, rick. Thank you very much. Back with john and josh. You know apple, as i said has proven to be masterful at capturing peoples imagination. They really had in this case i think, a lot of pent up demand. A lot of people had the iphone 4 or the iphone 5 who were just waiting for that moment and they pounced when it came. And there were a lot of people in asia who just really wanted a large screen phone. A lot of the analysts mistakenly thought that samsung had somehow captured those users and that they wouldnt move over to apple. They have moved. Tim cook saying that the android switcher rate is higher than ever in this cycle. You know what a breakdown in apple looks like is a superior product or an equal product that comes out from somewhere else at a cheaper price that breaks down their retail advantage, that has not happened. If i do say so and i can wait. Phone is going to ring here in a minute, i know. I think they were a little smug for a while there about the fact that many people did want a larger screen phone. Right . Yeah and now my grading as intensely from its bigger. They wanted it. They did want it. This proves it. Its more than bigger. I think apple also mitigated some of the down sides of it being bigger and apple has managed to stick to its knitting on what it really believes. A lot of the criticisms they ignored. Tim cook has done a good job scrapping the orthodoxy about capital return bshgs the size of the phone, about the size of the ipad, but sticking to it when its something he really look who has arrived here. Josh as fast as he could. I wont say what town we live in, but we all live in the same town as new jersey dont we . Mr. Whop ner is here and he has been following carl icon speaking out about apple on fast money Halftime Report a couple of moments ago. I think following what you guys were saying, and obviously he is as pleased as anybody could be as one of the largest shareholders in the company. He owns more than 50 million shares. We spoke him. His son brett and david who were coportfolio managers for apple is one of the biggest if not their biggest positions, and they continue to make the case that apple shares are just simply under valued. Listen. When you get a brand thats accepted and you get something that people want that you are going to see it go through the roof and the sky is the limit, but you know what i have never seen. When you get a company like that that has that 30, 40, 50 times earnings not at nine times. He makes a point that apple, guys, is essentially trading at nine or ten times earnings by virtue of the cash. If you take the cash out of the way, they just say the stock should be trading higher. Back in october they wrote this letter to tim cook and the board saying that the stock right now is valued right then back in october which valued at 200. They made it clear on the show today, i think, that they think its worth a lot more than that at this point, and i think they also made it clear that theyve been buying a little more apple as well john. Remind me scott around 70 adjusted. He has been in it in a profitable level. Thats pretty nice. Theyve been doing pretty well. Im curious of your thoughts on the whole notion that at the time they wrote this letter, they had 133 billion in cash. They now they have 178 billion. He continues to make the arguments that they should just do a much larger buyback than theyre doing at the current time and apple maybe tim cook would say, look as i said on the halftime show we have done 57 billion. We have returned 57 billion to shareholders in the last 12 months alone. Weve returned more than 100 billion to you already. We got this under control. I think apple will do more. What i also think is the fact that apple parked all this cash overseas to avoid taxes looks smart at the time. I wonder how much of a hit theyve taken on that and whether repat yags doesnt look so bad if you are looking at some of the continued fx. Im not an expert in that sarah eisen is but its one of the things. I expect theyll be giving back more cash. They can break down the numbers six ways to sunday as to why this stock should be trading at a much higher multiple than it is now. They say analysts who continue to remain incredibly bullish, and i think you had price targets raised today. Maybe as high as 160 150 in that area are still too low, even in the most bullish cases from the street. Got to leave it there. Thank you. Appreciate it. All right. Dominik, market flash. Tyler, apple is 117 a share. This is the hanes brand. The stock is moving higher and the companys move here has based a lot of dividends came at really moving by about 33 to the up side here. 40 cents a share. It also announced a four for one stock split as a result of those shares up by 2. 5 on todays trade. Back to you. Shares of u. S. Steel have been surging on better than expected earnings. Company reportings its first profitable year since 2008. Hard to 3w4r50e6. They have done it. Morgan, as you can see, is here with some of the details about that report. So u. S. Steel posting an annual profit of 102 million. Not very big, but it is certainly a rebound after years of a multibillion dollar losses. Credit suisse another impressive quarter of a challenging operating environment, and challenging is really the keyword. Youve got the collapse in oil prices. Thats already creating a big drop in demand for the highly profitable steel parts that are used in drilling. Now, thats why u. S. Steel is temporarily idling four plants. Potentially laying off 2,700 workers. Analyst dozen note that the company is getting ahead of what is expected to be more energyrelated woes. Also, the stronger dollar fueling a flood of cheaper steel imports. Its what nucors ceo called ridiculous levels. Thats adding pressures to domestic steel prices that are tumbling in tan dem with iron ore as a key production ingredient. They tend to move together. There are bright spots in all of this. Increased demand from the auto and construction industries. Both of those are industries that have helped other steel producers as well. Weve got nucor and ak steel also beating estimates this week. Later today weve got steel dynamics. Thats going to report earnings as well. If you take a look it was a mixed session. We have u. S. Steel up double digits. Two others that are positive. Ak steel is the one thats trading in the red. Morgan, thank you so much. Appreciate it. Were going to talk more about the stock market because stock pick issing back in vogue given the return of volatility. Can you still make money with large caps with the strong dollar . We have nine stars worth of Investment Advice for you. Joining us is Eric Marshall coportfolio manager of the five star morning star rated Hodges Small Cap Fund and rob mckooefr, the fourstar rated jepson Quality Growth Fund. Nice to have you both here with us. Eric, im going to start with you. Volatility certainly has made it a little bit better for those who have been picking stocks versus the passive index funds that weve seen in the past couple of years. Where do you see opportunity in this particular time period of the market . Well we see this earnings as being very turbulent. Especially with lower oil prices, lower Commodity Prices and then whats been going on in the currency markets. I think if you can read through that, this is really an ideal time to focus in on a lot of the domestic small caps Pay Attention to whats going on in the individual businesses, and were finding plenty of opportunities out there, but you have to remember not all small caps not all of these are created equal. Eric sticking with that the volatility theme, are the small caps that you are looking at less exposed to currency volatility . In general they are. Typically the smaller Cap Companies will have smaller amount of their sales being done domestically. Some cases, they import goods and services that they resell. A stronger dollar could actually help their cost to get sold. You have to look at it as a case by case basis, and thats where stock picking plays an Important Role in this market. You are more cautious. Tell me why. Thats right. The volatility that derek mentioned is clearly back in the market and something that investors should be well heedful of. Consequently we think of something more defensive, more skrim nature issing washted. At jenson we Fare Companies with competitive advantages high returns on equity and what we call all weather business models. These are companies that we believe are so successful and makes so much money for their shareholders in good times and bad. They can generate the cash and grow their businesses and reward shareholders in had the shortterm. For example, one of the top positions in the jenson Quality Growth Fund is a Company Called becker dicken son that supplies the world supply of needles and syringes. Its a compelling investment opportunity. You said you do have to kind of pick and choose so where would you put money to work . You gave us a couple of picks. Some of the things we own are Lithia Motors which is benefitting from an upgrade cycle in automotive, which we think is in the early stages. They own over 80 dealerships here in the u. S. Trades at a very low multiple. We see a nice earnings trajectory here throughout this year. We also like eagle materials. This is a cement and jipsum wall Board Company thats been beaten up because they have a small amount of their business tied to energy. They sell fracture sand and oil weld cement. We feel like right here thats been more than priced into the stock, and we look for situations like that to really take advantage of in this market. All right. Gentlemen, thank you. Eric, rob, appreciate it investmentvery much. You can find out what else go to power lunch. Cnbc right now and check out their picks. Lets go over to dom for market flash. Sears holdings here. Right now the company is moving lower. Its said that it cut 115 corporate jobs mainly at its headquarters near chicago as it works to reduce expenses. The stock is theyre down by 4. 25 . Back to you. Thank you very much. Where should small investors. Their money to work right now . We pulled about 20 of the very top Financial Advisors in the country. Not just the top. The very top. You have to hear what they say. Plus counting down to the latest fed decision. The strong dollar causing concerns about the global xhi economy and the headwind that that might pose for many u. S. Companies. Will the fed then stay on track with its plan to begin raising Interest Rates. Well explore that and more when power lunch returns. Recently, a 1954 mercedesbenz grand prix race car made history when it sold for a record price of just under 30 million. And now, another mercedesbenz makes history selling at just over 30,000. And to think this one actually has a surroundsound stereo. The 2015 cla. See your authorized mercedesbenz dealer for exceptional offers through mercedesbenz financial services. This is power lunch. Were watching the Energy Sector moving lower after the numbers that kim out this morning. Stockpiles hit their lowest level since records started being kept back in 1928. Heavy ron and exxonmobil are two of the biggest drags on the dow today. Also if you look broader. Hess and Conco Phillips moving lower. The Energy Sector is the worst performer in that large cap index. Neighbors industries danbury resources, murphy oil, all down more than 6 . Another tough day for the Energy Sector overall. Back to you. Ford is recalling. Nissan adding another 168,000 cars to this recall list. Yahoo rallying after spinning off the remaining 40 bull alibaba stake after losing the since midnovember. Burger king shake shack is raidsing its ipo Price Expectations to between 17 and 19 dollars a share. They hope to raise 95 million. The company will trade under the symbol shak. Ty. All right. Were right here. I know. You think were far away but were not. Members are something called the cnbc Digital Financial adviseor council. Our personal finance correspondent sharon eperson here to tell us what they said. Its no surprise that a majority of our advisors ranked equities as a best investment right now. Thats where they are putting the core of their clients money. A recovery underway in the housing market. Thats for real estate as an investment, and commodities at the bottom of the list in light of what weve seen in the sharp decline in oil prices. 13 out of 17 plan to increase their clients exposure to internationals this year. In terms of International Exposure 59 , 11 say that emerging markets. 41 favor europe. Even with the uncertainty around the European Central bank plan to stimulate the recent economy. One of the things that was intn interesting is where advisors want to put their tactical Asset Allocations, and a lot of them said emerging markets. The majority said that assist et class. Do you agree . If you look at the history of tactical Asset Allocation shares, its dismal because nobody has a consistently clear crystal ball. We have a much better strategy for individuals. Its strategic Asset Allocation where you create an individual Investment Policy Statement laying out specifically the percent of your equities in the u. S. , international, and subasset classes setting tolerances and when your positions move above or below those tolerances you rebalance