Smoke Screen? Searching For Tech 'Growth/Value' Plays
It's tempting to fish for bargains in the tech sector's bloody big-cap pool, but it's far from easy.
OK, the tech-laden Nasdaq Composite is down more than 45% from its March 10 high and many big PC and computer chip shops are looking like they're on sale.
For this week's Big Screen we made a quick and dirty pass through big-cap tech-land. We trolled for tech companies that might have that magic combination of earnings growth and a battered stock. We sifted U.S. big-cap tech stocks for those with estimated annual earnings growth over the next five years that tops 20%, a stock price at least 40% off its 52-week high and a forward price-to-earnings ratio
of less than 35 -- roughly half that of the average tech stock, according to Morningstar. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,441.12 | 1,109.18 | 2,206.91 | 35.27 |
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