Writing for Charles
Schwab, Brad Sorensen, CFA, says he’s looking for a recovery from the
technology sector’s bubble burst back in 2000, despite its dismal showing so
far this week. I like the case Brad makes for tech:
“Technology stock
valuations look relatively attractive right now, based on historical levels and
compared to other sectors,” he writes. “The current price-to-earnings ratio of
the tech sector stands at 11.7 times NTM [next twelve months], compared to its
15-year average of 23.1 times NTM. Based on this measure, technology is the
cheapest sector of any in the S&P 500.” See Brad’s article in full: http://www.schwab.com/public/schwab/resource_center/investing_ideas/invest_in_the_future.html?src=qmp&sv1=s16p9am4X_dc&sv2=26265461660&sv3=xpxe4op6q0
I’ve found more insight into the tech sector in a
Zacks article presented by Yahoo. See:
Let’s take a fun break now. Go to:
And if you wish, visit Amazon for the review
of my 14th book:
http://www.amazon.com/My-America-1931-2031-Astonishing-ebook/product-reviews/B00BPD0TUM/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1
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