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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Walter High who wrote (10792)6/30/1998 10:57:00 AM
From: LastShadow  Read Replies (1) | Respond to of 120523
 
Position Trading Account

No - NOBE is a little too high priced for the PTA. According to First Call, retailers, home builders, home furnishers and brokerage houses have received healthy upward revisions to their earnings. Schwab (SCH) is looking very strong right now, but might be a bit late to enter that one even though it could run back to 40. Companies with summer consumer products should also be showing good earnings and growth right now, so thats the area I will be looking in.

A week or so after the split, when I expect a drawdown after profit taking on NOBE, might be a very good time to look at Nordstrom for the PTA though.

lastshadow