Cisco (Nasdaq:CSCO), Juniper (Nasdaq:JNPR), NetApp (Nasdaq:NTAP), QUALCOMM (Nasdaq:QCOM), Apple (Nasdaq:AAPL) Among Tech Top Picks for Canaccord

Canaccord Genuity remains bullish on most segments of the tech segment going into 2011, and among their many top picks are Cisco (Nasdaq:CSCO), Juniper (Nasdaq:JNPR), NetApp (Nasdaq:NTAP), QUALCOMM (Nasdaq:QCOM) and Apple (Nasdaq:AAPL).

"We remain positively disposed across most of technology. Sustainability of the 2010 momentum trade comes into greater question however, leaving stock picks gravitating to product cycles and GARP – particularly into stiffening first half comparables. Wireless, cloud infrastructure (SaaS) and New Media are expected to be sources of the most attractive secular growth, helping shape downstream opportunities in communications," said Canaccord.

Other 2011 stock picks include Smith Micro (Nasdaq:SMSI), Sierra Wireless (Nasdaq:SWIR), GeoEye (Nasdaq:GEOY), Constant Contact (Nasdaq:CTCT), Pegasystems (Nasdaaq:PEGA,) DigitalGlobe (Nasdaq:DGI), TeleNav (Nasdaq:TNAV), Trimble (Nasdaq:TRMB), Real Networks (Nasdaq:RNWK), Rovi (NYSE:ROVI), Atmel (Nasdaq:ATML), Atheros (Nasdaq:ATHR), Intersil (Nasdaq:ISIL) and (Nasdaq:NVDA)

Cisco was trading at $19.58, down $0.04, or 0.20 percent, as of 12:16 PM EST. Juniper was at $37.23, up $0.24, or 0.65 percent. NetApp was at $55.36, up $0.01, or 0.02 percent. QUALCOMM was trading at $49.85, up $0.41, or 0.83 percent. Apple was at $323.78, up $1.57, or 0.49 percent.