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Stock picks by the pros
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November 17, 2000: 1:28 p.m. ET
Abercrombie & Fitch, Cardinal Health, EMC and Veritas win mention
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NEW YORK (CNNfn) - Market strategists reviewed stocks in the retail, data storage and software sectors, recommending companies such as The Limited.
As the markets fell at midday Friday, recent guests on CNNfn commented on the stocks they are buying and why.
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 RON HILL'S STOCK PICKS:
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ANF
LTD
CAH
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"And what we're seeing also now is the early move in retailers is in the specialty retailers, and those are the stocks which are just now starting to - specialty apparel makers are just now starting to move here. Companies like Abercrombie & Fitch (ANF: Research, Estimates), for example, or The Limited (LTD: Research, Estimates) are actually starting to look very good in the stock market even though retail overall doesn't look particularly attractive," said Ron Hill of Brown Brothers Harriman.
Cardinal Health (CAH: Research, Estimates) has been on a tear for quite a while as a distributor but holds up very well on down days in the markets. So it's still a safe place to have your money at."
Abercrombie & Fitch is trading up 6 cents to $28.44, with a 52-week high of $32.56 and a 52-week low of $8.
Limited is trading down 94 cents to $25, with a 52-week high of $27.87 and a 52-week low of $14.43.
Cardinal Health is trading down 69 cents to $97.19, with a 52-week high of $98.62 and a 52-week low of $37.
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ALAN HARRIS' STOCK PICKS:
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EMC
VRTS
ARBA
MSFT
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"A couple areas that we feel particularly positive about are first of all, storage. Companies such as EMC (EMC: Research, Estimates), or Veritas (VRTS: Research, Estimates). The needs for storing data on the Web and inside a corporation continue to accelerate as Internet content is distributed throughout many sites around the world as opposed to just one server farm in a particular area. There is more need for storage. And also as companies receive various e-mails with not only techs but also attached graphics, files, pictures, et cetera, the needs for storage are accelerating dramatically," Alan Harris, senior portfolio manager at Munder Capital Management.
"A couple of areas also are software. An example would be a company such as Ariba (ARBA: Research, Estimates), which is benefiting substantially from increased business-to-business commerce on the Web. In Detroit for example, the auto companies are moving their -- almost their entire parts procurement and purchasing operations to the Web. Ariba is a big beneficiary there. Also in the software arena, a good place to hide in this environment would be actually Microsoft (MSFT: Research, Estimates). The court cases are well documented and somewhat discounted in the stock. And Microsoft also has a couple of really strong product cycles ahead of it. So in a certain sense one of the biggest tech stocks out there is somewhat a forgotten stock as well."
EMC is trading down 75 cents to $83.38, with a 52-week high of $104.93 and a 52-week low of $35.06.
Veritas is trading $5.62 to $115.37, with a 52-week high of $174 and a 52-week low $46.05.
Ariba is trading down $4.75 to $73.12, with a 52-week high of $183.34 and a 52-week low of $37.95.
Microsoft is trading down 81 cents to $68.12, with a 52-week high of $119.93 and a 52-week low of $48.43. 
-- compiled by Staff Writer Lucy Banduci
* Disclaimer
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