Analyst Mark Mahaney shares his top two tech stock picks, giving one 152% upside

Mark Mahaney of Evercore ISI says his top pick has a 'super attractive' valuation.

While other markets have been volatile this year, tech has rallied — the Nasdaq is up 16% in the year to date. And top tech analyst Mark Mahaney of Evercore ISI is giving one tech stock further upside: Meta . "I still like Meta here and it's still my number one, because the valuation here I think is still super attractive," he told CNBC's " Street Signs Asia " on Friday.

"I think they're finally starting to figure out how to monetize this effectively so anyway, I continue to like it and I think the stock can go to $350 ... There's a lot of upside still," Mahaney said. The price target of $350 implies around 47% upside from the stock's Thursday close. He added that Meta has been very aggressive about reducing costs — including job cuts — and investors are rewarding the company for it.

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