NEW YORK (TheStreet) -- Even as the S&P 500 (SPY) continues to make new all-time highs, there are still great investment opportunities in the market. Sandy Villere, portfolio manager for the Villere Equity Fund, told TheStreet TV that one of his top picks is 3D Systems (DDD) .
Although the stock is down 62% on the year, Villere explained to TheStreet's Gregg Greenberg that his fund has been long the position for over 10 years. The company is still "misunderstood by Wall Street," he said, as too many analysts focus on the consumer business.
However, 3D Systems' consumer business only represents 7% of revenues, with the remainder coming from the industrial side. Specifically, the company is focused on revolutionizing the manufacturing process and is working with companies like General Electric (GE) , he said.
He also likes Sanchez Energy (SN) . Despite the recent downturn in oil prices and the subsequent decline in energy stocks, Sanchez is an energy stock that investors should have on their radar. Shares are down 31.5% on the year.
In this type of situation, it's important to focus on the long-term and "buy the very, very best," he said. Sanchez Energy has $500 million in cash and $1 billion in total liquidity. This will ensure the company's long-term prospects.