You're right about the strong bull run being over, however, that strong bull market has been for the last 3-4 years. With an annual return of 37% for the last 10 years, there's no reason why it shouldn't continue. I'm talking long term now. If it underpeforms this year, it "should" outperform next year. These companies, such as IBM, CPQ, INTC, MSFT, ORCL, etc.etc. can be considered "safe techs", if there's such a thing. To try and predict what CPQ will be in a month could be difficult, but to try and predict where CPQ will be in 2 years is much easier.
GO CPQ!
Nick |
