Analyst Shares Tech Stock Picks With CNBC (JNPR, SNDK, LRCX)

Cisco Systems (NASDAQ: CSCO) recorded impressive quarterly figures on Wednesday. Talking with CNBC, David Eiswert, vice president and portfolio manager with T. Rowe Price Associates, shared his views about the tech sector.

He said that the tech sector has gone through multiple compressions during the last eight to nine years. According to him, the sector has finally started showing signs of financial improvement. He stated that he is particularly optimistic about the supply and demand for digital memory stocks. His favorite tech stocks are ASML (NASDAQ: ASML), Juniper (NYSE: JNPR), Micron Tech (NASDAQ: MU), Sandisk (NASDAQ: SNDK), JDS Uniphase (NASDAQ: JDSU) and Lam Research (NASDAQ: LRCX).