10 Winning Tech Stocks You Need to Own: Strategists

Several tech stocks have been hitting new 52-week highs, boosting the Nasdaq to be the best performer of the three major indices in the last year. Scott Kessler, equity analyst at Standard & Poor’s and Joel Achramowicz, analyst at Blaylock Robert Van shared their best plays.

“We’ve seen some significant movements in the tech sector over the lat 18 to 24 months,” Achramowicz told CNBC.

Achramowicz said he sees some smaller companies that could be “excellent takeover targets” for suitors that have seen their stocks rise.

“For example, Citirix, which is in the virtualization area and also has web conferencing," he said. "And Nuance is rumored to be taken out by Apple .”

“There have been rumors that Nvidia getting taken out perhaps by Intel," he added. "And Brocade in the networking sector is also another one we’re watching carefully as a possible takeout.”

In the meantime, Kessler said he has an “overweight” view on the technology sector.

“Our fundamental outlook is positive and we think there are a lot of nice buy opportunities after the sector pulled back in November,” he explained. “It seems to have resumed its ascent and there are a lot of under-the-radar names that we like.” (Scroll down for his full picks.)

Achramowicz Likes:





Research In Motion

Nuance Comm.

Applied Materials

Kessler Likes:


WebMD Health


Advanced Energy


Scorecard—What They Said:

  • Achramowicz's Previous Appearance on CNBC (Sept. 27, 2010)
  • Kessler's Previous Appearance on CNBC (Nov. 29, 2010)


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No immediate information was available for Achramowicz or Kessler.