NEW YORK ( TheStreet) -- The markets edged higher Tuesday on light volume.

The Dow Jones Industrial Average rose 10.95, or 0.10%, to 10,906.81, while the S&P 500 added 0.06, or 0.01%, to 1,173.28. The Nasdaq was up 6.33, or 0.26%, to 2,410.69.

Guy Adami said on CNBC's "Fast Money" TV show that the market is looking "a little tired" and advised investors to go into "bullet-proof" sectors such as agriculture. He particularly liked AGCO ( AG), which raised its outlook, showed good earnings growth and has a $45 price target.

He also mentioned Akamai ( AKAM), which he said is one of Pete Najarian's favorites and is in the "sweet spot" in the digital delivery space.

For a breakout of some stocks from a recent "Fast Money" TV show, check out Dan Fitzpatrick's "3 Stocks I Saw on TV."

3 Stocks I Saw on TV

Melissa Lee, the moderator of the show, referred to a chart that showed a "fractured" market in the first quarter, with the haves such as the industrials and financials, on top and have-nots like the tech and utilities at the bottom.

Joe Terranova said he believes today's housing housing and tax receipts data support his belief that the economy is headed toward a V-shape recovery. He also reiterated his belief in what he called the "mean reversion" trade, with quality names in the emerging markets leading the way in the second quarter.

Tim Seymour characterized the second quarter as one for stockpickers and noted some of the cyclical names and laggards in the utilities looked interesting.

Karen Finerman said she found a lot of value in names like IBM ( IBM), which she said is attractive at 11 times earnings.

Lee brought up the theme of crowded trades and asked the panel to offer some examples. Seymour said that contrary to popular perception, emerging markets aren't a crowded trade. He said emerging markets have actually underperformed the S&P, attracting small fund flows relative to the size of the economies.

He said fund managers have been underweight China and overweight Russia and Brazil.

Shorting the euro has been a crowded trade, and Steve Cortes believes it will continue to work. He said that a strategic repricing of euro occurred on Feb. 1 that has resulted in the delinking of the euro from other growth assets like the dollar and oil. As a result, the euro has lost momentum as a growth play, he said.

Seymour said the British pound might be more vulnerable than the euro as its debt situation worsens.

Patty Edwards said she would invest in platinum because it is used in industrial manufacturing. Seymour agreed, saying it won't take much to move up the metal.

In the "under the radar" segment, Adami talked up Danaher ( DHR), which makes bar code readers and hand tools. He said the company, which was involved in a lot of deals in 2009, is reasonably valued. However he thinks the prudent path at this time would be to take some profits.

Seymour advised checking out Stanley Black & Decker ( SWK) while Terranova said he liked Snap-On ( SNA).

Lee returned to one of Monday's big stories: a report that Apple ( AAPL) is developing an iPhone for Verizon ( VZ) in what could be a blow for Research in Motion ( RIMM). Pip Coburn, CEO of Coburn Ventures, said he liked both companies.

He said the two understand the smartphone market well and "keep on delivering." He said the Verizon-iPhone news is probably not good for AT&T ( T), which has enjoyed a monopoly on the iPhone.

He said he's worried about Motorola ( MOT), saying he doesn't like the products it sells, especially the Droid.

Edwards provided a cellular pick from the emerging markets: Millicom International ( MICC), a prepaid cellular player that is trading at a decent multiple.

Lee brought in Anthony Scaramucci to comment on Goldman Sach's ( GS) public relations problems. He said Goldman is suffering because its employees have been trained to avoid the media in a media-intense society. He also said the PR firm it hired is overmanaging Goldman's executives to the point where they come across as disingenuous. He also said Goldman has become unfashionable outside the Beltway.

Lee brought in Finerman to talk about risk-arbitrage situations. She said she likes the odds in a situation like the takeover attempt by Astellas Pharma of OSI Pharmaceuticals ( OSIP) where there are strong signs that the company will be sold.

She said the same came be said of the hostile takeover attempt by Novartis of Alcon ( ACL), where the bidder already controls the company.

Jon Najarian said dealmaking is also heating up in ag, with unusually heavy options activity in Interpid Potash ( IPI).

In a new segment that calls for a panelist to pitch a stock in 30 seconds to the panel, Adami chose Itron ( ITRI), a small-tech grid company that figures to cash in on the increase in government spending in this kind of technology. He said the company is fairly valued with good prospects for earnings growth and expansion in overseas markets. He said ITRI could be a $100 stock. Edwards said she was "absolutely a buyer."

Are muni bonds a good investment? Ben Thompson, founding principal of Samson Capital, muni bonds have gotten a bad rap. He said the reality is that they are less volatile than stocks and offer high credit quality. Investors do have to exercise care in choosing where to invest.

For example, investors need to check the credit ratings of states and realize the range in volatility from low in states like Texas, Virginia and Maryland to high states like California.

Lee noted that Honeywell ( HON) was up in afterhours trading as the company continues to see signs of recovery throughout its portfolio.

Adami called it the "best run industrial name" and liked its valuation. In the same vein, Finerman said she liked United Technologies ( UTX) and FLIR Systems ( FLIR).

In the final trades, Seymour said to sell Mechel OAO ( MTL) and get back in later at a lower price. Adami liked Precision Castparts ( PCP). Finerman liked FLIR Systems while Terranova liked ArcSight ( ARST).

-- Written by David Tong in San Francisco

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

"Check out "'Fast Money' Portfolios of the Week" on Stockpickr every Thursday.

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