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Strategies & Market Trends : Rande Is . . . HOME

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To: Softechie who wrote (46347)1/30/2001 11:36:50 PM
From: DlphcOracl  Read Replies (2) of 57584
 
Some Offbeat Non-Tech Picks

I agree with Softechie. If you were not in techs at the beginning of the month, it makes little sense to chase them now, after they have run up 20% to 100% (in some cases). Using a bit of common sense -- if NASDAQ does get to 3000, it is only a 5% move from here, after having risen nearly 25% in three weeks.

For those of you who liked last week's post of little-followed small cap stocks, here are several other quality non-tech stocks at nice entry levels. As always, do your own dd to see if they are appropriate for you.

AMT: A picks and shovels play on the wireless sector.

WLP: One of the best-positioned health-care providers/HMOs.

OCA: Great niche, consistent earnings, beaten down on Tyco-like accounting concerns. Seems to have bottomed at 20 1/2.

FHCC: A combination health-care/insurance play.

COCO: A demographics play on the need to improve and update skills (or re-invent oneself) during the course of one's career.

I would also consider the following tech stocks that look too good to pass up at current levels: ADCT and ADBE. ADBE gave a cryptic warning after hours and was whacked, down 8-9 points from close. Be careful with it, but it is a franchise stock that will open Wednesday nearly 50% down from 52-week high.
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