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Tech Stocks: 4 'High Quality' Picks

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.

Disclaimer

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ADP
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IBM
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ORCL
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AAPL
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