Your Best Tech Stock Plays: Strategists

Technology stocks have surpassed the broader market in the first half of the year, and many experts say the sector will help lead the U.S. out of recession.

David Lutz, managing director at Stifel Nicolaus Capital Markets, and Jim Iuorio, director at TJM Institutional Services, gave their take on the best tech-sector investments now. (See their recommendations, below.)

“Tech has inventory control in place,” Lutz told CNBC. “They’ve got cost-management in place and right now, that business is growing. We’re not seeing a lot of sectors in the market that are organically growing their business—they’re beating on cost cutting. Tech seems to be organically growing right now.”

Iuorio agreed and said “nothing looks more promising than tech.”

Lutz Likes:

Marvell Technology —“They develop integrated circuits and they recently picked up their first design win at Seagate ,” Lutz said of the company. “This win is specifically in the server market, but we think this is eventually going to trickle into desktop and notebooks.”

Iuorio Likes: —“They compete with Oracle —they are a provider of software and service to manage the whole sales process. The difference is that they’ve branched off into cloud computing," he said. "This company has explosive revenue growth and earnings growth,” he said.

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Lutz has investment banking clients who own shares of Marvell Tech.

No immediate information was available for Iuorio or his firm.