Rocker Partners Likes Cree: 5 safe sectors in a stormy market - In times like these, it can be wise to follow the contrarians. Here are some key stock groups you may want to consider as Wall Street awaits better times.
moneycentral.msn.com
From the Article:
" ... But when the dust settles and business spending comes back, they expect decent gains from Powerwave Technologies (PWAV, news, msgs), which makes power amps used in telecom; Interwoven (IWOV, news, msgs), a software company, and Cree (CREE, news, msgs), in the semiconductor space, among others. "We are skeptical sorts, but we have been buying some of this stuff," says Marc Cohodes, of Rocker Partners. All three have clean balance sheets, a decent amount of cash and good management, says Cohodes. ..." |
