2 Fund Managers Are Bullish On 'Unloved' Companies

CNBC's Sharon Epperson hosted two fund managers to make the bullish case for "unloved" companies.

Christopher Retzler, a portfolio manager at Needham Funds, began the conversation by making the case for buying Schlumberger Limited. SLB

According to Retzler, Schlumberger is more of a "technology" play than an oil and energy play. Granted, the company is technically in the oilfield services, but it operates with a "massive technological deployment into the energy patch."

Tesla

Catherine Wood is the founder and CEO of ARK Invest and she was a guest on CNBC to discuss a stock she is betting big on - Tesla Motors Inc TSLA.

Wood's bullish stance on Tesla stems from her positive outlook on electric vehicles, which are actually pushing into the auto space at a pace that's underappreciated by most. She pointed out that electric cars are four times more efficient than traditional cars and Tesla's spotlight will only help promote the sector to consumers.

Retail Play

Retzler likes Under Armour Inc UA as a retail play. He said investors should buy the stock as its brand has a "moat" and management shown a better tendency to interact with customers more directly.

Under Armour is also agile enough to "move and adapt itself in this changing retail space" and go through new channels to reach its customers.