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.
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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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