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Tech Stocks: Hot or Not?
Posted by GuestPoster in Business, Personal Finances
Stock market traders and investors and technology have a bittersweet relationship. There was a time, during the 1990s, when people in the stock market have nothing but the best words for stocks of technology companies. Suddenly, the dot com bubble burst, rendering a lot of stocks associated with technological companies and the web practically useless. Traders and stock market enthusiasts have been, since then, cautious to jump back to the tech bandwagon. Is there merit in practicing caution with tech stocks, or should people just throw caution to the wind?
Computer companies, particularly Intel and IBM have reported their biggest growth margins since the 1990s. Earnings have been stable and projections have been bullish. Despite these positive forecasts of two of the biggest names in technology, other companies have not been that good. Companies such as Dell and mobile phone giant Nokia have lowered projected earnings for the past quarters. All in all, it is still wise to invest in tech stocks but have a close look with your investment management software. However, people must be very good in selecting which tech stocks to invest in.
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