Hogan also told StockHouse.com that he thought Internet stocks would have another big rally, saying, ''We had a 5-day, 34% correction, and historically,
when they do that, they make new highs. Yeah, we've got more room on the upside.''
This just out this morning:
biz.yahoo.com
One of Hogan's favorite stocks, which he recommended to StockHouse.com readers on April 20, in an earlier StockHouse.com interview, soared by nearly 250% since then. In Wednesday evening's interview, Hogan told StockHouse.com, ''Knight/Trimark (Nasdaq: NITE - news), if you will, is the Federal Express of the Internet. It has the sexiness of the Internet, but it also has the safety of actually getting business as an offshoot of the Internet.'' When asked how high Knight-Trimark might go, Hogan replied, ''$220/share is our 12-month target price, on fundamentals.'' |
