NEW YORK (TheStreet) -- Shares of Becton Dickinson (BDX - Get Report) have dropped over 10% since hitting a record high in early August. Kevin Walkush, portfolio manager for the Jensen Quality Growth Fund, said the syringe-maker's investors won't feel the pinch much longer.
"There is a little bit of a break in health care right now and they sort of got caught in the downdraft," said Walkush. "But we think fundamentals are preserved and we think the company has a very good long-term opportunity."
Shares of Becton Dickinson have only dropped 2% thus far this year despite the steep selloff of late. The Jensen Quality Growth Fund is down almost 2% this year, according to fund-tracker Morningstar. The S&P 500 index has fallen over 3%.
Walkush is also positive on Accenture's (ACN - Get Report) stock, which is up over 15% for the year to date. In this case, he said the uncertainty in the global economy is actually a boon for the consultant.
"Usually when things get a little bit rough companies want to figure out how to get better," said Walkush. "As the world's largest business services company, they will benefit from that demand."
Meanwhile, shares of Microsoft (MSFT - Get Report) are up almost 1% so far in 2015 and have been unable to breach the $50 per share mark. Walkush said the technology giant will soon crash through that ceiling because the leadership change of CEO Satya Nadella have been paying off in spades.
"We like the areas that the company is in," said Walkush. "It still has its fundamental strengths in operating systems and office productivity suites are still strong. And it is one of the leading cloud companies on the market so we are really happy with the direction the company is going."
"The strength and the diversity of the business, not only serving industrials, but also having consumer and healthcare components, has actually helped mitigate some of the losses that their peers have realized this year," said Walkush.