"It is 95 percent likely that if you're going to own something for 10 years, you will do massively better owning a stock," he said on the "Fast Money Halftime Report."
Tilson uses Johnson & Johnson as an example. He's very confident that dividends combined with gains in J&J share price will more than outweigh returns bond investors will get from a Johnson & Johnson 10-year bond that yields 2.59 percent.
And it's not only Johnson & Johnson that Tilson recommends. Ahead of the program, he told our producers that instead of corporate bonds, he prefers long positions in other blue chip dividend paying stocks, including; Budweiser , Kraft and Microsoft as well.
Watch the video to see the full conversation with Tilson.
UNUSUAL ACTIVITY: AKAMAI TECHNOLOGIES
By midday trading Thursday, there were 16,000 calls for Akamai Technologies , which options trader Jon Najarian said is unusual because the average amount is just 100 an hour.
"So something's going on in Akamai," said Najarian, co-founder of optionMONSTER.com. "The stock is pushing back through 52, so that's a very positive sign."
Najarian called AKAM a "hot stock" thanks, in part, to the "explosion" of online content. The Cambridge, Mass.-based company, of course, provides services for accelerating and improving the delivery of such content.
Elsewhere in the technology space, Najarian said there are a lot of rumors about who might takeover Blue Coat Systems , which is based in Sunnyvale, Calif. By midday trading Thursday, the tech name saw roughly 14,000 options trade hands.
"I do like the activity in the calls," he said. "It does move nicely to the upside from here, I think."
CNBC called Akamai and Blue Coat Thursday, but both companies had no comment.
CALL TO THE FLOOR: ROSETTA STONE
Rosetta Stone, maker of language learning technology, sees Japan as its next big growth market, according to CEO Tom P. H. Adams.