Portfolio Perspective

The tech stocks that can power up your portfolio

Playing the drop in Apple

The recent rally by technology stocks have investors looking for opportunities. And when tech is a leader, the market can give you a powerful and lasting move higher.

CNBC recently reached out to three portfolio managers to get their insight on which tech stocks seem the best avenue for growth.

There's no reason to avoid energy stocks, experts say

Although Apple has been off on performance this year, David Pearl, co-chief investment officer of Epoch Investment Partners, believes the tech giant is "still the most profitable company in the stock market."

"With Apple, the expectations were low. That said, Apple is now the classic value stock, large dividend, with huge amounts of cash," he said.

Additionally, Pearl sees the cloud business as very competitive and very capital-intensive.

"We like the cloud as a growth opportunity," he said. "The cloud is real and is such a good payback for enterprises and small businesses to move to the cloud, and it's actually more secure, so there's a lot of reasons the cloud will grow."

We like Google because they're going into the cloud, but they have a much more reasonable valuation.
John Maloney
chairman and CEO of M&R Capital Management

John Maloney, chairman and CEO of M&R Capital Management, is also bullish on Apple. "I think that Apple is being unfairly categorized as a company in decline," he said. "I think people ignore that Apple has an ecosystem.

"They have a vast, growing fee-based business that people are ignoring," he said, referring to Apple's retail stores.

As for his tech pick, Maloney, a large-cap value manager, is betting on Google. "We like Google because they're going into the cloud, but they have a much more reasonable valuation," he said.

Hunting for value: These portfolio managers are bullish

Nick Galluccio, president and CEO of Teton Advisors, likes the semiconductor companies. One in particular is Intersil ISIL. It's a mix-signal analog company tied to automotive.

Galluccio said that "it's about a $1.7 billion market-cap firm, with no debt, and 4 percent dividend yield."

Portfolio manager disclosure: The following stocks mentioned or intended to be mentioned on CNBC's Portfolio Perspective video segment:

John Maloney owns shares of Alphabet (CL A,C).

David Pearl owns shares of Universal Display (OLED).

Nick Galluccio owns shares of Intersil Corp. (ISIL).