Gut wrenching sell-offs on momentum stocks are not the way most investors want to start off the week. With volatility rising and momentum and biotechnology names getting crushed, many investors are starting to worry about a more serious stock market correction. The technology equity research team at Cantor Fitzgerald has a very solid idea. Stick with the high-dividend, low price-to-earnings (P/E) mega-cap technology stocks for the rest of the year, and things may turn out pretty good for your portfolio.

Here are the top technology names to buy from Cantor Fitzgerald that offer high dividends and have low P/E multiples and piles of cash in the bank to weather tough times or make timely acquisitions.

Apple Inc. (NASDAQ: AAPL) is high on the list. Trading at just 13.4 times trailing earnings, the technology giant is expected to have an iPhone 6 out late this summer or early fall, with perhaps a larger screen. The stock continues to trade well below the 2012 summer highs near $700, and it makes good sense for investors. Investors are paid a 2.3% dividend. The Cantor Fitzgerald target is a staggering $777. The Thomson/First Call price target for the stock is $592.38. Apple closed Monday up nicely at $539.19.

Cisco Systems Inc. (NASDAQ: CSCO) trades at a low 14.17 trailing earnings and just announced a big new business avenue. The company says it will spend $1 billion in the next two years to build out its data centers, as well as invest in engineering and marketing to offer cloud-computing services in partnership with telcos and resellers. Cisco Cloud Services will challenge current existing rivals and models, but their network expertise gives them a strong leg-up to start. Investors are paid a very solid 3.5% dividend. Cantor Fitzgerald has a $27.50 price target, and the consensus target is $23.71. Cisco closed Monday at $21.57.

EMC Corp. (NYSE: EMC) has a somewhat higher multiple, trading at just over 20 times trailing earnings, but the company is really a two-for-one for investors. EMC is the leader in large-scale storage, and it also owns a controlling share of cloud software leader VMware. This makes it a solid investment for investors. Investors are paid a 1.4% dividend. The Cantor Fitzgerald price target is $30.50, while the consensus is lower at $29.31. EMC closed Monday at $27.90.

International Business Machines Corp. (NYSE: IBM) is out of favor, and cheap, trading at a very low 12.64 times trailing earnings. IBM’s P/E relative to the S&P 500 Index has contracted by 33% since the end of 2006, and the stock is trading at just over 10 times the Cantor Fitzgerald 2014 earnings-per-share projection, or a 35% discount to the S&P 500 Index. While the company has struggled with business in China, the Cantor models indicate that sales bottomed in the final quarter of 2013, and the path higher should be much easier. The stock pays investors a 2% dividend. The Cantor price target is $220, and the consensus target is $192.50. IBM closed Monday at $188.25.

With the S&P 500 Index continuing to make new highs and certain areas within the equity markets being rewarded with very generous valuations, the Cantor Fitzgerald analysts believe the high-quality, mega-cap tech companies in their coverage universe are too cheap to ignore. When investors can buy top blue chip market leaders that pay a solid dividend, and they are about the cheapest stocks out there, it is really hard to see how that trade goes wrong.

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