Technology stocks took a beating in September, but CNBC guests see bright spots in the sector’s future.
“We’re telling our investors to stay to more reoccurring revenue stories on the software landscape with very good cash flows and very strong cash positions,” said Joel Fishbein, managing director at Lazard Capital Markets.
Fishbein recommended CommVault Systems , Salesforce.com and Citrix Systems .
Kim Caughey, portfolio manager at Fort Pitt Capital, thinks software companies with a healthy number of contracts in the pipeline are especially attractive. Her best stock picks are Microsoft , CA and IBM .
Disclosure information was not available for Fishbein, Caughey or their respective companies.