The First Cut: Hot Technology Stocks
by John Bajkowski
In a role reversal, technology stocks have provided steady and consistent gains during 2007, while the broad market has experienced wild swings digesting issues such as subprime lending and increasing oil prices.
This issues First Cut highlights technology stocks with strong price momentum and improving analyst expectations. The screen is simple, starting with the technology sector, which currently makes up 20% of the overall stock market. Investors have favored larger companies during 2007, so the First Cut screen excludes stocks with a market capitalization below $2 billion, and companies that are not exchange-listed.
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