Pimco's best investment ideas right now
While it may be harder for investors to find high returns in this market, many good opportunities still exist with the right names, Pimco's Mark Kiesel told CNBC Monday.

The best investments can be found in industries with superior growth, both near-term cyclical growth as well as long-term secular growth, and are in industries with pricing power, he noted.

"Above all, we're looking for high barriers to entry. These are companies that have unique licenses, spectrum, permits or real estate that make them very good long-term investments," said Kiesel, the firm's deputy chief investment officer and managing director, in an interview with "Street Signs."

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