Though the allegations of fraud at Goldman Sachs (GS) are grabbing a lot of headlines right now, you can bet that some of the big-name blue chips reporting earnings this week are going to slowly bring Wall Street back to its senses. While the charges of fraud are serious if true, investors need to be focused on the hard facts right now to make sense of the market. Those figures include earnings, sales and margins — and all are on display during the current first-quarter earnings season.

To help you find the best stock picks for earnings season, we’ve asked a wide range of our InvestorPlace experts to give their top picks for the month. Their varied strategies and market outlooks are sure to help you find a new pick that would be perfect for whatever your individual strategy is.

Here are the seven stock picks for earnings season from our InvestorPlace experts.

NEXT – Best Small Cap Stock for Earnings

Best Small Cap Stock – Nova Measuring Instruments (NVMI)

Picked by: Louis Navellier, editor of Emerging Growth
Strategy: Small cap growth stocks

Nova Measuring Instruments Ltd. (NVMI) makes optics to measure microscopic images. The company’s NovaScan and NovaTrack optical monitoring systems are integrated into wafer polishers and other semiconductor processing equipment to measure the thickness of semiconductor layers during critical steps of chip manufacturing.  In the fourth quarter, the company’s sales rose 145% to $15.2 million compared with the same quarter a year earlier. During the same period, Nova’s earnings rose to $2.7 million or 13 cents per share compared with a loss of $1.6 million or 8 cents per share. The company recently announced that it has received record quarterly orders, so things are looking up in anticipation of NVMI’s May 4 earnings report.

NEXT – Best China Stock for Earnings

Best China Stock – China-Biotics (CHBT)

Picked by: Robert Hsu, editor of China Strategy
Strategy: The hottest Asian stocks

Headquartered in Shanghai, China-Biotics (CHBT) is one of just a few Chinese food companies that have received four major international certifications — including HACCP, a U.S. FDA designation required for all food imports into the U.S. And CHBT’s probiotics have a survival rate of 70% at room temperature two years after manufacture — twice the requirement for probiotic food products sold in Europe. Thanks to its high-quality products and strong brand name throughout China, it’s not surprising that China-Biotics has strong financials including $79 million in cash reserves and a 68% jump in net income in its last earnings report. Expect big things again from CHBT when it reports earnings.

NEXT – Best Low-Risk Stock for Earnings

Best Low-Risk Stock – Johnson & Johnson (JNJ)

Picked by: Richard Band, editor of Profitable Investing
Strategy: Low-risk retirement investing that beats the market

With a radical restructuring of the healthcare system now off the table, we can look forward to improved earnings at selected companies. Johnson & Johnson (JNJ), which reaped a windfall February 1 when rival Boston Scientific agreed to pay JNJ $1.7 billion to settle a patent-infringement case. That’s a nifty bankroll JNJ can use for stock buybacks or perhaps an acquisition or two. Trading at half the price-earnings ratio it fetched a decade ago and throwing off a plump 3.1% dividend, the stock is remarkably cheap for one of the world’s strongest and safest businesses. JNJ boasts a triple-A credit rating from Standard & Poor’s, and should post strong Q1 earnings.

NEXT – Best Dividend Stock for Earnings

Best Dividend Stock – Cheniere Energy Partners (CQP)

Picked by: Brian Perry, editor of Cash Machine
Strategy: High-income dividend investing

Cheniere Energy Partners  (CQP) is an MLP, and the owner and operator of the Sabine Pass LNG receiving terminal in Cameron Parish, Louisiana. The Sabine Pass is important to Cheniere’s business because it’s in a prime location and vast LNG capacity. The “regasification” ability of the terminal is about 2.6 billion cubic feet per day, and it can store about 10.1 billion cubic feet of LNG. That sounds like a lot — and it is — but CQP wants the Sabine Pass LNG to expand capacity even more. These aggressive expansion plans are nothing new and have been lifting CQP for some time. I expect the company’s first-quarter earnings to be very strong. As an added bonus, CQP is a high-yield dividend stock with a current annualized yield of a 9.5%!

NEXT – Best Cheap Stock for Earnings

Best Cheap Stock – Lionbridge Technologies (LIOX)

Picked by: Nancy Zambell, editor of Buried Treasures Under $10
Strategy: Fundamentally strong yet undervalued companies of all sizes

Lionbridge Technologies (LIOX) provides language, development and testing services to businesses all over the world. In fact, its customers generate more than half of their revenue from outside of the United States. Most people automatically think of technology companies when they think about globalization. However, Lionbridge has clients not only in the technology sector, but also scores of businesses operating in almost every sector. This diversification allows Lionbridge a diverse customer base that minimize risk and maximize profits for shareholders — and should result in big earnings on May 3.

NEXT – Best Blue Chip Stock for Earnings

Best Blue Chip Stock – H.J. Heinz (HNZ)

Picked by: Louis Navellier, editor of Blue Chip Growth
Strategy: Large-cap growth stocks

H.J. Heinz Co. (HNZ) has expanded beyond its original 57 varieties and now has thousands of products. In addition to regular consumers, the company’s customers include the food service industry, food retailers and the U.S. military. Heinz’s other brands (besides ketchup) include, Lea & Perrins Worcestershire sauce, Classico pasta sauces, Ore-Ida frozen potatoes, as well as restaurant chains Boston Market, T.G.I. Friday’s and Weight Watchers frozen foods. It its previous earnings report, the company’s sales in Asia and Europe rose 41% and 12% respectively. The stock clearly is benefiting from its booming overseas operations and should post another strong report on May 27.

NEXT – Best Global Stock for Earnings

Best Global Stock – Royal Dutch Shell (RDS.A)

Picked by: Iain Little, editor of Global Wealth
Strategy: The best international stocks in any market

To paraphrase Jean Paul Getty, the formula for success is “Rise early, work hard, buy Shell.” The last item in Jean Paul Getty’s formula for success was actually “strike oil,” but you have a much better chance at success just buying Royal Dutch Shell (RDS.A). Royal Dutch produces 2% of the world’s oil and 3% of its gas. Fortune lists it as the largest company in the world. Its market cap, even after a fair old drubbing from the global credit crisis (though it has in truth very little to fear from it), is the same size as the economy of Malaysia! A company that size can sometimes be cumbersome, but it can also sometimes turn out to be the biggest profit machine on the planet. It’s the latter case with RDS.