Cornerstone and Aspen are both enterprise, cloud-based (learn more) software companies that are “undiscovered, unloved recent IPOs,” Lindzon said.
Robert Luna, SureVest Capital Management’s chief investment officer, said young investors should focus on dividends.
“Young investors should realize that 90 percent of returns come from dividends and dividend growth,” Luna said. “They should focus first and foremost on high-quality dividend paying stocks.”
Luna recommends automaker BMW which is sporting a 2.6 percent dividend yield.
—By CNBC.com’s Justin Menza
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Howard Lindzon owns shares of LeapFrog, Cornerstone OnDemand, and Aspen Technology.