How to Make Money in Tech: Analyst
You must "absolutely buy" the tech sector, said Gene Munster, senior research analyst at Piper Jaffray.
“The reality is, things are getting better [for tech],” Munster told CNBC. (Counterpoint: Watch the video to see why one analyst disagrees.)
According to Munster, online advertising, e-commerce and hardware spending are the sectors that show the most stabilization.
“You need to own the big winners in tech and the large cap winners,” he said.
Munster Likes:
Yahoo
Amazon.com
Apple — “The consumers want their products and I think the stock is just going higher — especially with the new iPhones and the products that have already been laid out, with or without Steve Jobs,” he said of the company.
Disclosure:
Munster does not own shares of any of the companies mentioned above.
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