UBS: These are our top 5 picks for tech stocks

Ticker: CHTR

Current price: $384

UBS price target: $450

UBS' take: "With M&A speculation surrounding Charter in recent months, we walked through the scenarios as reported by the press. We believe all options would be compared to Charter levering up the business itself and buying back its own shares, which we estimate could drive 15%+ appreciation to our current 2020 FCF/sh estimate and increase the FCF/sh CAGR from 30% to 38%."

Ticker: AAPL

Current price: $159

UBS price target: $180

UBS' take: "As the iPhone matures investors should start to appreciate the size and loyalty of the installed base, which promotes hardware and services gains."

Ticker: AMT

Stock price: $143

UBS price target: $163

UBS' take: "After 3 years of declines, we expect U.S. wireless capex to rebound in 2017 to $30B+ as carriers move to the second phase of 4G deployments to support capacity and peak-speed needs."

Ticker: GOOG

Current price: $934

UBS price target: $1,080

UBS’ take: "With a focus on balancing costs vs. revenue opportunities under CFO Ruth Porat, we believe Alphabet will continue to climb a wall of worry that has persisted over the last few quarters."