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Stock picks by the pros
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December 18, 2000: 12:31 p.m. ET
Cisco, Motorola and Radio Shack are among those recommended
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NEW YORK (CNNfn) - Market strategists reviewed stocks in the technology, telecommunications and retail sectors Monday, recommending companies such as Motorola.
As the markets moved in opposite directions in midday trading, recent guests on CNNfn commented on the stocks they are buying and why.
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SARAT SETHI'S STOCK PICK:
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CSCO
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"On the technology side, a company that people might find surprising is Cisco (CSCO: Research, Estimates). If you look at a clear market leader with very, very strong management, focus on their products, and solutions, you've got a company like Cisco. And the reason why you would want to hold the Cisco, or start nibbling at it right now, is companies look to 'Ciscos' that are financially stable in times like this. So, if you're buying -- if you're suppliers are going to give you products that are mission critical, well, you want to go to one that's going to be around for many years. You don't want one to say, 'Well, what's going to happen to this company? Are they going to be financially viable? Are they going to be bought out?' Cisco's got 12 products that they get $1 billion worth of revenue this year. In 24 months, they'll have 24 products with a billion plus," said senior portfolio manager, Sarat Sethi of Douglas C. Lane & Associates.
Cisco is trading down $2.78 to $45.38 with a 52-week high of $82 and a 52- week low of $44.59.
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PETER CARDILLO'S STOCK PICK:
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MOT
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"Obviously the cell business is extremely hot in Europe and it's going to continue and it's going to grow in other parts of the world and I think a good supplier of that comes from Motorola (MOT: Research, Estimates) and again, the stock has absorbed a lot of negative news lately and it does seem to have made a bottom and it keeps bouncing off its lows. So that tells me that, you know, going forward things will change. We might encounter another quarter of bad news out of them but I think at these levels it should be bought," said Peter Cardillo, director of research at Westfalia Investments.
Motorola is trading up 75 cents to $20.19 with a 52-week high of $61.54 and a 52-week low of $15.81.
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DAVID STRASSER'S STOCK PICK:
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RSH
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"The one company that's continued to do very well, right here, is Radio Shack (RSH: Research, Estimates). They are really focused on hot parts of the digital product's cycle. They're very focused-wireless, Direct TV, products that are still doing very well," said David Strasser, electronics retail analyst with Salomon Smith Barney.
Radio Shack is trading up 38 cents to $50.31 with a 52-week high of $79.50 and a 52-week low of $35.06. 
-- compiled by Staff Writer Lucy Banduci
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