Fast Money's Safe Haven Tech Trades
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Created by barrons3
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Date updated:08-19-2009

Pip Coburn of Coburn Ventures offered up 4 tech plays that could be safe havens trades against a struggling consumer. All 4 of these firms are quite different, but Coburn explained that all of these companies have "management that is addicted to making money. And that alone makes them long-term buys.

symbol name last price % change open
  • +
  • AAPL
    Apple Inc.
  • $199.92
  • -0.29%
  • $198.33

Coburn is impressed by Apple’s (AAPL) exclusive deals with developers as well as the app store phenomenon.

People owning AAPL also tend to own: AMDCSCODELLGOOGIBMINTCMSFT

TheStreet.com Rating: B+ What is this?

  • +
  • ANSS
    Ansys
  • $39.81
  • 0.00%
  • $N/A

He thinks Ansys (ANSS) is cutting edge with its proprietary technology to simulate real environments with computers.

People owning ANSS also tend to own: ADVSASFAVAXPBAXDGIIDTV

TheStreet.com Rating: B+ What is this?

  • +
  • ADBE
    Adobe Systems Inc
  • $35.81
  • -0.83%
  • $35.71

Coburn likes Adobe (ADBE) ahead of a software launch next spring.

People owning ADBE also tend to own: CHKECLMSCMEEPAXGHLLLTCMCO

TheStreet.com Rating: B- What is this?

  • +
  • SY
    Sybase Inc
  • $39.92
  • 0.00%
  • $N/A

Coburn called Sybase (SY) a “turnaround story that's working” with margins that have room to expand.

People owning SY also tend to own: AMATBDGGEJNJMERMFIMSFT

TheStreet.com Rating: A What is this?

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