One Big Tech stock is at an "attractive" price point to buy right now, according to Foord Asset Management's Brian Arcese.
That's Alphabet , which Arcese, a portfolio manager at the firm, expects to post growth in the "mid-teens" despite cyclical headwinds in the ad business.
"At this point we're focused on companies with pricing power, sound management teams … and long-term structural competitive advantages," Arcese added.
Arcese explained that Alphabet is in a "competitive position" given the continued shift from offline to online advertising.
Josh Brown , co-founder and CEO of Ritholtz Wealth Management, told CNBC in early November that Alphabet is a "screaming buy."