Three Cheap Stocks to Buy: CNBC (AAPL, IBM, MSFT)

In an interview with CNBC, Ned Riley, chief executive officer of Riley Asset Management, said, “This economy is going to be growing slowly, but companies are still going to produce a very good response.” He said that companies are likely to produce estimates which beat earnings and that the tech sector has some good investment opportunities. He also shared his favorite stock picks with CNBC. He said that the stocks are very attractively priced and added, “I’ve never seen growth so cheaply priced in my life. I don’t understand why people don’t want these stocks.” He recommended Apple (NASDAQ: AAPL), IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT)