Friday Trades: Tech, Pharma and Education
Ahead of the weekend, CNBC asked the experts where investors should place their bets.
Betting on Storage
“What I really like about Seagate is that … people need gigabytes of storage right now, and it’s not just the consumer, it’s the enterprises … this is the one area where the financial services industry has to spend on technology. They don’t have a choice. They need to store the customer data — they’ve got SEC rules mandating it.”
- David Lutz, Stifel Nicolaus Capital Markets
More CNBC experts -- more expert advice:
“We think education is a mandate, and we think there’s a bailout coming to open up the gridlock for student lending, and Sallie Mae being the low-cost producer with a lot of servicing benefits here is going to be a net market share winner.”
- David Khani, FBR Capital Markets Director of Research
Khani also recommends: Arch Coal, Millennium, Sykes Enterprises and URS.
Pharma: A Stock-Picker’s Game
"Schering-Plough is at a gift level right now … Long-term, this is a name you want to own, and in a year from now, investors are going to be thinking about where they want to be positioned around the patent cliff. Schering doesn't have a patent cliff until 2014."
- Catherine Arnold, Credit Suisse
Arnold also recommends: Merck, Wyeth and Eli Lilly.