Google Inc (NASDAQ:GOOGL), Facebook Inc (NASDAQ:FB) and Apple are the best tech investment you should consider, according to Lew Piantedosi, portfolio manager at Eaton Vance. In a program, Lew said that Google Inc (NASDAQ:GOOGL) and Facebook Inc (NASDAQ:FB) are the best core franchise names. That is why his firm has added these tech stocks in the core portfolio.

The source said that Google Inc (NASDAQ:GOOGL), Facebook Inc (NASDAQ:FB) and Apple has unique qualities of their own and each of these companies provides the best investment opportunities both in long and short term. He thinks that Apple is a great franchise, which will give $200 billion in cash to its shareholders over the next two years.

Lew said that Google Inc (NASDAQ:GOOGL) is ready to breakout as the monetization on mobile and ads will increase in the coming months, thanks to the Google’s drastic change in its mobile and web algorithms and investment in apps. Facebook Inc (NASDAQ:FB) is another growth story which will achieve new milestones in the coming days. He said that Facebook Inc (NASDAQ:FB) is a core franchise because it is spanning over mobile, web and above all, apps and social media.

Lew thinks that Google Inc (NASDAQ:GOOGL) is going to start monetizing heavily on Youtube and this would help the company a lot in its cash and revenue problems.

Google Inc (NASDAQ:GOOGL) will get the much needed ‘capital discipline’ after getting the new CFO, thinks Lew. Facebook Inc (NASDAQ:FB) is a growth company and it is investing in the right places and getting huge returns. Instagram and WhatsApp success stories prove that Facebook Inc (NASDAQ:FB) has the right sense of investment unlike Google Inc (NASDAQ:GOOGL) which is being lashed out by investors on heavy investment in areas that have no return in the short term.

 Ken Griffin holds 4.58 million shares worth $307.87 million of Facebook Inc. (NASDAQ:FB).


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