Will the Tech Sector have a strong year?
Is the Sector as a whole undervalued or overvalued?
2007-01-16 15:14:55 · 4 answers · asked by traderb550 3 in Business & Finance ➔ Investing
Tech has been hot. We are seeing a strong trend in the sector with the likes of Google, Apple, Baidu, and Yahoo leading the scene with headlines daily. We just heard that Netflix is going online with their movies/shows, which is big news. The majors have been in a bidding war with acquisitions recentley as well. Companies such as YouTube have been hot targets. With the plentiful amounts of cash, this sector will remain hot for most of 2007. Expect to see some consolidation, but strong fundamental underlyers. With Google, Apple, and a handful of others at/near yearly highs, there is a lot of momentum that should continue. Even look at smaller companies like Akamai which have simply been stellar. Stay with Tech and you will be promptly rewarded this year. It will be the equivalent of the commodities bull run we just experienced.
2007-01-16 19:53:23 · answer #1 · answered by MadMoney 2 · 0⤊ 0⤋
It will be strong in the first and second season of the year. And will be weaker in the 2nd half. The sector is not undervalued nor overvalued. It still mark to the market.
2007-01-17 02:47:55 · answer #2 · answered by Dang 3 · 0⤊ 0⤋
Most analysts I read think it's going to continue to be good times for tech.....but I think a lot of things are "overvalued" ..you have to really search for something that's not
Intel took a little hit today, after AMD did a week ago....but that's only two direct competitors...can't tell much from that ...( except maybe buy Hewlitt Packard.( the things they have to buy from those two maybe priced a little lower)
2007-01-16 23:46:46 · answer #3 · answered by jebediabartlett 6 · 1⤊ 0⤋
me thinks it wills doeth as it has doneth
2007-01-16 23:17:58 · answer #4 · answered by Esteban de Jesus 1 · 0⤊ 1⤋