NEW YORK (CNN/Money) - With the markets in a holding pattern, investors may be looking for ways to grow their money, and two money managers appeared on CNNfn to suggest some positions in beverage, wireless and chip companies.

Donald Selkin, director of research with Joseph Stevens & Co., says he likes Anheuser-Busch for the reliability of its profits.

"I like it because of the fact that there's a good predictability of earnings, it pays a dividend, they also own the theme parks, and they're the largest recycler of cans," he noted. "So they're a diversified kind of business and this is the kind of stock that is somewhat immune to the fortunes of the economic cycle."

Donald Selkin's picks Anheuser-Busch (BUD) Nokia (NOK)

Selkin's other pick is Nokia, the world's largest cell phone maker.

"Look at what happened with Qualcomm the other day. Nokia is Qualcomm's biggest customer and Qualcomm said that the demand for their chips, which are used in cell phones, is very, very strong," he said. "And if that's the case, that means that a company like Nokia is buying them. If Nokia's buying them, that means the demand for their cell phones and game players are increasing."

Selkin said Joseph Stevens owns a stake in Nokia, but not Anheuser-Busch.

Shares of Nokia (NOK: down $0.28 to $21.90, Research, Estimates) between $12.33 and $22.99 in the last year.

Anheuser-Busch (BUD: down $0.26 to $53.00, Research, Estimates) shares are in a 52-week range of $45.30 to $54.10.

Jim Glickenhaus, portfolio manager with Glickenhaus & Co., likes Countrywide Financial despite the threat of rising interest rates.

"People say, well, the housing boom can't go on forever. Yes, it will slow up and their earnings won't be $15 or $16 a share, they'll be $9 to $12 a share," he added. "But at $90, that is not a bad ratio and I think that your downside risk in a stock like Countrywide, which I recommend every time I come on, is not too bad."

Glickenhaus' second selection is Micron Technology.

"If you have young teenagers like I do, it's mind boggling between their iPod and their picture cell phone and their computer and their DVD player how much chip memory, which is what Micron makes, these kids eat up," he noted. "And I think this is a trend that's going to continue."

Jim Glickenhaus' picks Micron Tech. (MU) Enterra Energy Trust (EENC) Countrywide Financial (CFC)

Enterra Energy Trust rounds out Glickenhaus' picks.

"We have studied Enterra very hard. And I believe, obviously with the enormous bet we've made on it, that their reserves are there, their drilling program is good and that they are, in fact, going to pay the $1.20 dividend this year. And I believe it's going to be more than $1.20. That they're going to pay this year and that's why I bought it and have continued to buy it."

Funds under Glickenhaus' management own stakes in the companies mentioned.

Shares of Countrywide Financial (CFC: up $0.74 to $88.04, Research, Estimates) are in a 52-week range of $37.86 to $91.00.

Micron (MU: up $0.09 to $15.24, Research, Estimates) shares have been between $7.20 and $17.08 in the last year.

Enterra Energy Trust (EENC: down $0.01 to $12.74, Research, Estimates) shares are in a 52-week range of $3.55 to $13.40.