Market Overview

Akamai Tech. (AKAM), Equinix (EQIX) Get Thumbs Up


The Tech sector seems to be doing well and major tech companies have reported better than expected tech earnings.

Talking with CNBC, Rob Sanderson, director of research with ABR Investment Strategy, shared his outlook about the tech sector. He said that the PC market as well as the e-commerce segment looks well. He also noted that Amazon (NASDAQ: AMZN) posted solid results.

He said that Amazon's Kindle has an edge over the Apple (NASDAQ: AAPL) iPad due to its lower price. He shared his tech picks and counted Akamai Tech. (NASDAQ: AKAM), Equinix (NASDAQ: EQIX), Research in Motion (NASDAQ: RIMM) and Apple (NASDAQ: AAPL) among his favorites.

Posted-In: ABR Investment Strategy CNBC Rob SandersonMedia Trading Ideas


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