6 High-Quality Tech Stocks To Buy On The Dip

In a new report, Drexel Hamilton analyst Brian White addressed the 2016 selloff in tech stocks and names six top stock picks investors should be buying on the dip. “In the aftermath of the recent decline, we are highlighting well-positioned, high-quality cash-rich tech stocks… along with high-growth names,” White explained.

Here’s a look at his six picks:

Apple Inc. AAPL 0.87%

White called Apple one of the best value opportunities in the tech world and lists the new iPhone cycle, the ramp of Apple Watch ad new geographic opportunities such as India as catalysts for the stock.

Cisco Systems, Inc. CSCO 0.3%

White likes Cisco’s valuation, its 4.2 percent dividend yield and its strong execution.

Oracle Corporation ORCL 0.9%

White praised Oracle’s aggressive push into cloud computing and sees a strong portfolio across all cloud layers.

Red Hat Inc RHT 0.32%

White sees…

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