It takes a great deal of bravery and a calm, calculated approach to select stocks to invest in during tumultuous market conditions. Following the recent market turmoil referred to as the "Liberation Day" massacre, some daring individuals on Wall Street are scrutinizing the situation.

After trading closed on Thursday, it was clear that investors were reacting to the potential significant reduction in economic and corporate earnings growth due to harsh tariffs imposed by the Trump administration. Major indices like the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite experienced noticeable declines.

Stocks of multinational companies saw significant drops in value, with Nike, Apple, Amazon, and Walmart all taking substantial hits.

As markets anticipated continued heavy sell-offs, Dow Jones Industrial Average futures were indicating a steep decline of 1,200 points.

Yahoo Finance examined a plethora of research reports from Wall Street analysts in the past two days to identify any optimistic views on stocks at present. While optimism was scarce, some analysts boldly identified their top stock picks for the current market conditions.

These top picks were based on factors such as having business models less vulnerable to tariffs or being undervalued even when factoring in worst-case global economic scenarios.

Analyst Greg Melich from Evercore ISI highlighted the resilience of auto parts companies like Genuine Parts Company in the face of tariff-related challenges. Melich upgraded his rating on the company, noting its ability to manage increasing input costs caused by tariffs and potentially benefit from them.

Meanwhile, analyst Kirk Materne from Evercore ISI acknowledged the high-risk environment in the broader market while cautiously selecting his preferred stocks.