Riding on the back of the surprised rate cut in China and following a strong week, stocks commenced the week in positive territory providing investors with upbeat sentiment as the market continues to reward sophisticated decisions.

Talking about where the market is heading and how investors must continue with caution, Evanson Asset Management’s Hong Kong based Chief-Tech analyst offered analysis based opinion on the weightings of some investor favored tech stocks.

“AOL (NYSE: AOL) has shown some very promising signs during the last quarter and we fully expect their recent upturn in performance to continue. At a close of $42.59 we can confidently predict a target price in the short-term to reach the $52, beating a consensus price of $47.50.”

“Cisco Systems (NASDAQ: CSCO) isn’t fairing too well as we look towards the next quarter and beyond, and would recommend that investors begin to offload their position to protect profit realized over the last 12 months.”

“What appears to be another bid-to-win e-commerce provider that has struggled where eBay prospered, Etsy Inc. (NASDAQ: Etsy) is again on our downgrade list as the firm continues to battle against its IPO high of $35.74. A further decline of 8% on Monday puts the consumer goods trading platform firm over $15 per share down from its high to $20.90. If investors are still holding on here then they are in for a long and turbulent ride.”

“As a company that we have backed here at Evanson from its early days, GoDaddy (NYSE: GDDY) has been a steady performer and a stock that we recommend to clients looking to take advantage of the ever expanding web-related services industry. As a clear industry leader with solid management we can clearly see the post IPO price hitting the $28 mark.”

As many analysts warn of a looming market correction, investment policy at Evanson Asset Management continues to follow a diligent process that considers the underlying value presented to investors.

“We are continually aware of the potential for markets to surprise us when we least expect it. It is fair to say that as value becomes harder to find a correction is likely to follow. Here at Evanson we select stocks for our clients that are robust in the face of volatility and are suitably prepared for an inevitable balancing of the market as a whole.”