David Katz, who oversees $960 million for the Matrix Advisors Value Fund, is finding bargains across the board during the market selloff. "We do like the market here and think the selloff has created some compelling buys," said Katz, advising investors to keep the recent losses in perspective and not get caught up in the "doom and gloom." In the past month, the S & P 500 is down 5 percent while other major benchmarks like the Russell 2000 and Nasdaq Composite fell by more than 7.5 percent. "It's not fun buying into a selloff, but there's a great likelihood that three to nine months out these buys will be profitable," Katz noted. Here's how the investor is putting money to work: Katz, who is chief investment officer, broke down his favorite areas of the market for CNBC Pro subscribers, selecting four groups where he sees the biggest opportunities. AT & T (T) , 5.6 percent dividend yield Eaton (ETN) , 3.9 percent dividend yield Procter & Gamble (PG) , 3.7 percent dividend yield Johnson Controls (JCI) MetLife (MET) Viacom (VIAB) Devon Energy (DVN) Occidental Petroleum (OXY) Schlumberger (SLB) Cisco Systems (CSCO) QUALCOMM (QCOM) Hewlett-Packard (HPQ) Symantec (SYMC) TE Connectivity (TEL) David Katz is one of the 14 members in the "Squawk Box" Platinum Portfolio Competition. (Access the top picks from all the contributors by clicking here ). Disclosures: Matrix clients and Katz own T, ETN, PG, JCI, MET, VIAB, DVN, OXY, SLB, CSCO, QCOM, SYMC, TEL, HPQ.
