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Stock picks by the pros
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January 17, 2001: 1:44 p.m. ET
Target, United Technologies and Aether Systems among the favored
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NEW YORK (CNNfn) - Market strategists reviewed stocks in sectors such as energy and technology on Wednesday, recommending companies such as Boeing.
While the markets rose in midday trading, recent guests on CNNfn commented on the stocks they are buying and why.
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 HOWARD RUBEL'S STOCK PICKS:
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BE
UTX
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Howard Rubel, aerospace analyst at Goldman Sachs, said some of the reasons he likes Boeing (BA: Research, Estimates) are that it did a nice job improving the performance in the commercial business and it has plenty of order opportunities. "I think Boeing has a real advantage the market hasn't fully appreciated which is the diversification initiatives in terms of service and in terms of trying to understand how to better appeal to customers." Another company Rubel likes is United Technologies (UTX: Research, Estimates). He said he expects the company to continue to deliver very solid returns out of their engine company and out of some of their other businesses like elevators and air conditioning.
Boeing is trading down 69 cents to $60.31 with a 52-week high of $70.93 and a 52-week low of $32.
United Technologies is trading up $1.75 to $72.69 with a 52-week high of $79.75 and a 52-week low of $46.50.
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WAYNE HOOD'S STOCK PICKS:
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TGT
FDO
LOW
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Wayne Hood, retail analyst for Prudential Securities, said he would put new money in companies like Target (TGT: Research, Estimates), Family Dollar (FDO: Research, Estimates), and Lowe's (LOW: Research, Estimates).
Target is trading up 12 cents to $36 with a 52-week high of $39.18 and a 52-week low of $21.62.
Family Dollar is trading up $1.38 to $22.88 with a 52-week high of $24.50 and a 52-week low of $14.25.
Lowe's is trading down 59 cents to $48.84 with a 52-week high of $67.25 with a 52-week low of $34.25.
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ROB SANDERSON'S STOCK PICK:
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AETH
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Rob Sanderson, wireless Internet analyst at Banc of America, upgraded Aether Systems (AETH: Research, Estimates) to "strong buy" from "buy" and tacked a $60-a-share price target on the stock. He said the company has a lot of momentum on the customer front but, on the valuation side, it is trading at a $1.7 billion market cap. He also said the stock looks a lot more reasonable relative to competitors.
Aether Systems is trading up $3.87 to $43.81 with a 52-week high of $345.00 and a 52-week low of $28.50.
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JOHN HUGHES' STOCK PICKS:
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T
WCOM
GX
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John Hughes, market analyst with Shields & Company, said he likes AT&T (T: Research, Estimates) because it is a stock that has been beaten down and is beginning to recover. "We think the worst is behind that." He said he would make the same argument for WorldCom (WCOM: Research, Estimates) and Global Crossing (GX: Research, Estimates). "Global Crossing may be a little bit more of an interesting one on a fundamental basis because they're business may be a little bit more exciting, some better opportunities there for growth for them."
AT&T is trading up $2.81 to $42.75 with a 52-week high of $345 and a 52-week low of $28.50.
WorldCom is trading up $1.12 to $22.44 with a 52-week high of $55 and a 52-week low of $13.50.
Global Crossing is trading up $1.25 to $22.88 with a 52-week high of $61.81 and a 52-week low of $11.25. 
-- by Staff Writer Lucy Banduci
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