Hi Slider - you asked what I like and why (in tech). I just got back from a long weekend, so this is kind of old news, but a week ago I bought GLE.TO (down since then), AAPL (flat), and NT (up bigtime).
I bought NT because the stock was priced for bankruptcy, but I thought they would survive, and it looked ready to bounce. I bought AAPL (even though I'm not a Mac user) because their stuff is so sexy, computer geeks who thought they were married to PC or Linux for life just can't stand the temptation anymore, plus Apple has tons of cash, and I like the chart. I bought GLE.TO (Global Thermoelectric) because the stock is back where it was several years ago, but the business has progressed a lot since then, they have lots of cash, and a realistic fuel cell strategy which I think will start to pay off soon... and the chart may be turning around.
Sorry I don't generally follow Semis. I do know one I like though: XLNX. Normally I would stay away from a stock with a price/revenue ratio of 5, but it's the leader in the FPGA market, which is going to be huge soon. Also, I wouldn't be surprised if the price of "commodity" items like RAM memory and disk drives started going up. I don't think sales will grow next year, but producers are adjusting to a smaller market, so the glut is ending.
Fun-da-Mental |
