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As stocks suffered through another selloff, CNBC asked for some smart moves for investors.
Betting on Technology
“To the extent that financials are a big buyer of technology, integration in terms of mergers cause— create a lot of business. For Accenture [ACN
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], merger of Bear Stearns [BSC
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] and JPMorgan [JPM
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]— this is a freaking goldmine.”
David Garrity, Dinosaur Securities
Playing Tech and Telecom
“I think if you look at something that’s interesting, that’s moving from different cycles—that’s probably going to be full tech. I think that remains interesting, as do the industrials… I think the stronger part is in software at communications as opposed to hardware.”
Subodh Kumar, Subodh Kumar and Associates
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Data is a real-time snapshot *Data is delayed at least 15 minutes