10 Tech Stocks for 2010's Corporate Rebound: Strategists
With technology companies busier than usual during this time of the year, which stocks can make you money in 2010? David Garrity, principal of GVA Research, and Roger Kay, president and founder of Endpoint Technologies, shared their views.
“I’m more focused on the commercial sector than the consumer sector,” Kay told CNBC.
“2010 is about a corporate refresh. You’re going to see a lot of commercial buyers in the next year.”
Garrity said the Federal Reserve has to create conditions that favor corporate conditions both in the U.S. and worldwide.
“The Fed knows that the consumer basically isn’t in a position to drive the economy,” he said.
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Garrity and his family members own shares of FSII, ICLK and QTM.
Garrity’s family members own shares of FSII, AAPL, CSCO, INTC, MSFT, RIMM and STX.
GVA Research owns shares of CSCO and INTC.
No immediate information was available for Kay or his firm.