Shares of Baxter International have underperformed the rest of the healthcare sector, but the medical device maker is the perfect contrarian play due to its repeatable revenue model and impressive dividend, says Burns McKinney, portfolio manager for the AllianzGI NFJ Dividend Value fund. McKinney also says Norfolk Southern is trading cheaply versus its peers and offers a reliable, growing dividend. Finally, McKinney says MetLife will be a strong performer as it expands internationally.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

More from Video

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

This Could Be the Summer of Hard Seltzer

This Could Be the Summer of Hard Seltzer