|Day Low/High||107.00 / 109.60|
|52 Wk Low/High||66.93 / 111.08|
There are some solid individual names in tech, but traders must be selective.
A rebound to a more-normalized valuation could send these stocks sky high.
Tech Data has a solid balance sheet and scores well on Value Line's metric for earnings predictability.
It is all about perception, and here are strong names to pick up on market weakness.
The reason I own Nucor stock is for exposure to events such as this.
In 30 years of conducting this survey, no other sector has been as consistently popular as technology.
Overall it was a good year for this somewhat off the wall screen that I developed several years ago as a way to find seemingly cheap companies.
TECD is likely to trade sideways for a few days before attempting to push higher.
Presidential tweets, North Korea missiles, higher interest rates? Big deal.
We currently exist in a world where eight of the 10 largest economies are growing.
Electro Scientific Industries leads a parade of value stocks that have performed quite nicely in a growth-oriented market.
A lot of longs in the stock are underwater, and they probably will feel pressure to sell.
Buying's good for the acquirers, which should give other companies ideas.
TECD looks like it will move higher in the months ahead.
An eclectic mix of 20 companies made my cut of stocks trading at 1x to 2x net current asset value.
The electronic components name that recently bought Premier Farnell is undergoing a noteworthy transition.
Third-quarter earnings beat expectations, and I anticipate the same next quarter, at least with technology companies.
Good fundamentals and a price pullback make the stock look chic.
Or why investors shouldn't even try to time the market.
Tech Data's post-earnings collapse is a cautionary tale -- that, or a buying opportunity.