CNBC Stock Blog

My 5 Hot Tech Picks: Fund Manager


The technology sector has soared since the March lows, so does it have more room to run? Jeff Donlon, senior analyst with the 5-star Manning & Napier Pro Blend Max Fund said there are some names that may be poised to continue rising despite the industry’s already impressive climb.

Hot Tech Stocks

“There are a lot of reasons to like the technology sector,” Donlon told CNBC. “[They have] very strong balance sheets, great job at cost cutting, very attractive on a free cash flow yield basis, beneficiary of the weak dollar, and inventory levels are still very lean.” (Read below for his full stock picks.)

CNBC Data Pages:

Going forward, Donlon said tech investors will have to be more discretionary in terms of stocks they’re involved in.

“We look for companies with long-term secular growth drivers that are gaining market shares in their industries, are building sustainable competitive advantages and barriers to entries within their businesses, as well as well-positioned to take advantage of stronger relative growth overseas in terms of emerging markets.”

More Market Intelligence:

Donlon Likes:



Crown Castle

American Tower

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Donlon’s firm owns shares of EMC, ADSK, CCI, AMT and SBAC.