Tech Stocks: 4 'High Quality' Picks
By: Andrew Fisher
The key word for the Henssler Equity Fund's Ted Parrish is "quality."
"We invest in high quality, and I think high quality is going to do well on the other side of all of this mess," he told CNBC.
Specifically, Parrish likes large-cap technology companies.
Recommendations:
On his list are Apple, Automatic Data Processing, Oracle, and IBM.
"All of those names have a common theme," he said.
"I think they all have defensive growth in a sense; Apple's product cycle's great, IBM has a huge amount of recurring revenue, but they also have great balance sheets, and they pay dividends that are stable."
Disclosures:
Disclosure information for Ted Parrish was not immediately available.
The key word for the Henssler Equity Fund's Ted Parrish is "quality." "We invest in high quality, and I think high quality is going to do well on the other side of all of this mess," he told CNBC. Specifically, Parrish likes large-cap technology companies.
