Cisco Systems, Inc. (CSCO), Oaktree Capital Group LLC (OAK): Hawkins Capital’s Bullish Five

However, Intel is seeing continued data-center growth, and although 2013 revenue is expected to be flat year-over-year, analysts expect sales growth of 5% in 2014. The one positive is that emerging markets now account for about two-thirds of PC demand, according to the company, which is a positive considering the cannibalization by tablets is less in these areas.

Intel appears to be relatively cheap, trading at 12.6 times earnings, compared to Texas Instruments Incorporated (NASDAQ:TXN) 22.5 times and QUALCOMM, Inc. (NASDAQ:QCOM) 17.8 times. Intel also pays investors an impressive 3.7% dividend yield. The multi-billion dollar investment firm, First Eagle Investment Management, has a big position in Intel, worth some 33 million shares (check out First Eagle’s high yielders).

Bottom line

The Hawkins Capital hedge fund has a big bet on the investment management space with Oaktree Capital Group LLC (NYSE:OAK), which pays a robust 10% plus dividend yield. The other big bet by Hawkins is Shell, which is a solid play in the oil and gas industry, one that should perform well on the back of a rebounding economy. Aon should also perform nicely with a rebound in the economy, which will promote a higher demand for insurance services. Both of Hawkins’ tech bets, Cisco and Intel, appear to be cheap relative to their peers, and both pay a solid dividend yield.

Marshall Hargrave has no position in any stocks mentioned. The Motley Fool recommends Cisco Systems and Intel. The Motley Fool owns shares of Intel.

The article Hawkins Capital’s Bullish Five originally appeared on Fool.com and is written by Marshall Hargrave.

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