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Stock picks by the pros
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January 11, 2001: 12:33 p.m. ET
Intel, Nokia, Cisco, Ethan Allen, and General Electric get selected
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NEW YORK (CNNfn) - Market strategists reviewed stocks in sectors such as restaurants, retail and technology Thursday, recommending companies such as Darden Restaurants.
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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 TONY DWYER'S STOCK PICKS:
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IP
MSFT
INTC
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Tony Dwyer, market strategist at Kirlin Securities, said he thinks when there is a broad bear market move, to buy S&P depositary receipts (SPY) or similar vehicles. "Buy the index, buy the DIAs (Diamonds Trust, Series 1), buy the QQQs. That's what institutional funds are buying. They're legging into the market in the most diversified way possible," Dwyer said. Some companies he cited that funds are buying are International Paper (IP: Research, Estimates), they buy Microsoft (MSFT: Research, Estimates) and Intel (INTC: Research, Estimates).
International Paper is trading down $1.25 to $36.88 with a 52-week high of $60 and a 52-week low of $26.31.
Microsoft is trading up $1.62 to $54.50 with a 52-week high of $118.62 and a 52-week low of $40.25.
Intel is trading up 50 cents to $33.50 with a 52-week high of $75.81 and a 52-week low of $29.81.
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TODD EBERHARD'S STOCK PICKS:
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NOK
CSCO
GE
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Todd Eberhard, stock strategist with Eberhard Investment Associates, said he likes Nokia (NOK: Research, Estimates), Cisco (CSCO: Research, Estimates) and General Electric (GE: Research, Estimates). "You're talking about the big guys out there who have consistent track records, who have been very strong, whose numbers may not be like they were two years ago, but are still making money and still growing in their market share, and we want more and more of those companies," he said.
Nokia is trading up $1.19 to $40.75 with a 52-week high of $62.50 and a 52-week low of $27.62.
Cisco is trading down 38 cents to $35.88 with a 52-week high of $82 and a 52-week low of $31.93.
General Electric is trading up $1.25 to $45.94 with a 52 week-high of $60.50 and a 52-week low of $41.64.
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IVY ZELMAN'S STOCK PICK:
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ETH
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Ivy Zelman, housing analyst at Credit Suisse First Boston, maintains a buy on Ethan Allen (ETH: Research, Estimates) and said she thought it is a very well-positioned company. "I would be a more aggressive buy on weakness, but I think Ethan Allen will differentiate itself with its positioning as a vertically integrated retailer and it is not exposed to these troubled retailers that are in fact going bankrupt and exiting the industry," Zelman said.
Ethan Allen is unchanged at $33.13 with a 52-week high of $34.50 and a 52-week low of $20.50.
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MITCHELL SPEISER'S STOCK PICK:
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DRI
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Mitchell Speiser, the restaurant analyst with Lehman Brothers, said he recommends a "buy" on Darden Restaurants (DRI: Research, Estimates). "My fiscal '02 forecast is above the Street, as they accelerate unit growth, they have store renovations going on, and I think that the value price position in casual dining will outpace the industry," Speiser said.
Darden Restaurants is down 38 cents to $20.75 with a 52-week high of $27 and a 52-week low of $12.43. 
-- by Staff Writer Lucy Banduci
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