I think this was mentioned earlier, but here it is in 'print':
Fund Growth Fund Mgr Shorts 'Net Stocks, Likes Tech
Dow Jones Newswires
NEW YORK -- Needham Growth Fund portfolio manager Peter Trapp said he looks to the Internet sector, including business-to-business, business-to-consumer and e-consulting companies, for stocks to short.
Shorting a stock is an investment technique used to reduce volatility and risk, he told CNBC Thursday.
For longer term investing, Trapp said he likes tech stocks, which make up about 70% of his portfolio.
Among his favorites, Trapp named Advanced Micro Devices Inc. (AMD), which he said now has the fastest working chip. It is both a "value and growth stock," trading at 12 times its multiple, he said.
He also likes Artesyn Technologies Inc. (ATSN), which he said looks attractive, in part because of its recent acquisition of a small growth company.
Electronics For Imaging Inc. (EFII) is a company going through some tough times and was picked up pretty cheap, he said. It's a quality company that "had a bit of a Y2K hangover," he said.
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