CNBC Stock Blog
- Portfolio Prep for Next Week: 'Don't Get Crazy'
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Surprising Options Trades in TiVo Shares
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
MOST SHARED
- Tiger Woods Out of Hospital After Accident
- Get Paid Six Figures to Wear a T-Shirt?
- 8 Retailers that Gain During the Holidays
- The Good Entrepreneur Winner
- Dubai Spooks Investors But May Bring Buying Opportunity
- Finding the Holiday's Best Buys
- Global Selloff From Dubai Woes Shows Signs of Winding Down
- Longer Lines, Fuller Carts This Black Friday
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- Global Selloff From Dubai Shows Signs of Winding Down
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Tiger Woods Out of Hospital After Accident
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Get Paid Six Figures to Wear a T-Shirt?
- The World's Biggest Debtor Nations
- Five Tips for Buying a Foreclosed Home
RSS FEED
Text Size 
CNBC News Associate
It's the right time to invest in technology stocks, said Noah Blackstein, portfolio manager at Dynamic Mutual Funds.
“The valuations are exceptionally low, and these [technology] companies have managed their business as if we were in a recession since 2002,” Blackstein told CNBC. “So the balance sheets are very strong and they’re very defensive.”
Recommendations:
AT&T [T
Loading...
()
]
Verizon Communications [VZ
Loading...
()
]
“Smart phone growth is exceptional. Not only is it contributing to strong growth, but it’s improving the margins of both companies,” he said of AT&T and Verizon.
Apple [AAPL
Loading...
()
]
Research in Motion [RIMM
Loading...
()
]
“The wireless and smart phone area continue to be the huge drivers of growth and grew quite rapidly despite the fall in the stock prices during the recession,” said Blackstein.
Disclosure:
No immediate information was available for Blackstein or his firm.
Data is a real-time snapshot *Data is delayed at least 15 minutes