Microsoft And Intel Garner Favor From Fund Manager: CNBC (MSFT, ERTS, INTC)

Patrick Becker, chief investment officer at Becker Capital Management, thinks that the markets have the potential to go even higher. Becker particularly likes dividend-paying stocks.

Meanwhile, Alec Young, equity strategist at Standard & Poor’s, expects the markets to remain range-bound for some time. Alec Young said, “We need a little more evidence that the private sector’s healthy enough to keep this recovery going, as governments around the world start to pull the stimulus away.” Young expressed his satisfaction over job report numbers.

Patrick Becker picked Microsoft (NASDAQ: MSFT), Electronic Arts (NASDAQ: ERTS), and Intel (NASDAQ: INTC) as his favorites.