I fish with stickbaits all the time at Taney. They work very, very well. It's the best thing to use to catch a wall hanger (just take a pic, measure length & girth and have reproduction done!).
Lure: Rapala 11 & 13 are my choice, I used floaters in gold and black, brown trout, purple decent. The smaller baits will catch more fish however the fish tend to be smaller.
Bass Pro Shops XPS Suspending stick baits are excellent. I use Gold and black, tequilla and Georgia Shad.
Storm Thunderstick - same color pattern
Smithwick Suspending Rogue - same color pattern.
I fish those baits in that order. Some times they want it worked real fast, other time slow, yet other times a jerk, jerk, jerk pause. Just try different retrieves until something works. Cloudy days with slight wind are a lot better. Blue bird skies realy hurt the stickbait bite.
Rod: 6' to 6' 6" medium action. I love the All Star rods, best rods made by far - I will put my All Star rods up against any Falcon, G Loomis, Fenwick or any $200 - $300 rod. The All Star rods run $89 - $125. However don't break the bank. The outlet store at Bass Pro is loaded with good quality medium action spinning rods. Most are $10 -$15, they have had the tips broke in shipping, they just glue a new one on. Most of those rods usually run $40 - $60 in the main store.
Reel: Same story as the rods, I love the Okuma spinning reels about $30 at Fin and Feather in Springfield. You can find decent reconditioned reels at the outlet for $10. Just make sure to get one that holds a lot of line, when a 5# plus hits it will make several long runs
Line: I use 6 pound test. Just check the line to make sure it doens't have any nicks in it.
You can get started for a reasonable amount of money. An outlet store rod and reel $20, a few baits $12, catching wall hanger trout - priceless!!!
Good luck!
Brad