CNBC Stock Blog
- LinkedIn’s Growth Is Already Priced In: Analyst
- The Real Reason Behind Bank of America’s Rally
- 5 Hedge Funds’ Top Stocks Soar After 2011 Rout
- Bulls Check In to Community Health
- Bank of America’s Worst-Case Scenario Gets More Real
- Mulling Buffett's Stock Advice? Get in With REITs: Fund Managers
- So Now You Can’t Give Microsoft Away?
- Groupon Needs More Disclosure: Analyst
ABOUT THE CNBC STOCK BLOG
RSS FEED
CNBC EXPLAINS
3 Software Stock Picks from Lazard's Senior Analyst
Text Size 
Special to CNBC
The tech sector has been the apple of many an investors’ eye; and Joel Fishbein, managing director and senior analyst at Lazard Capital Markets, is bullish on enterprise software makers. He shared his top picks with CNBC.
On the large cap side, Fishbein likes Oracle [ORCL
Loading...
()
].
“I think Oracle is well-positioned in terms of their product cycle to deliver superior results going into 2010,” he says.
Fishbein is also bullish on Symantec [SYMC
Loading...
()
]. He thinks security is going to be a hot area and the government needs to protect its critical infrastructure, which bodes well for Symantec’s business.
“Right now we see consolidation amongst the vendors out there. Symantec has been an acquirer and we expect them to outperform in 2010.”
Salesforce.com [CRM
Loading...
()
], a business software company based on cloud computing, is another favorite of Fishbein’s. He says the company has added 30 more percent of customers in the past year when the U.S. saw the worst customer environment.
“The company is accelerating their revenue growth. This is a good cloud computing play,” Fishbein added.
In terms of companies to avoid, Fishbein says some of the application vendors are more at risk because they don’t have a subscription-based model and are not spending new capital on existing areas.
“We are concerned they may be prone to a pullback,” Fishbein says.
______________________________
CNBC Data Pages:
______________________________
______________________________
Disclosures:
Lazard Capital Markets doesn't own shares of Oracle, Symantec or Salesforce.com. Nor are those companies Lazard's clients.
Data is a real-time snapshot *Data is delayed at least 15 minutes
