For bold investors: Barron’s thinks it’s time to leg into technology stocks

Filed under: Internet, Google (GOOG), Oracle Corp (ORCL), Technology, Recession

Speaking to friends, the $1 trillion question that keeps arising is “when do we start buying?” Astute investors, they’ve certainly lightened up on their exposure to stocks over the past few months and have cash sitting on the sidelines. “Are we making a bottom here?” they ask, readying themselves to start moving back into the stock market. As asset allocation and modern portfolio theory tells us, stay in the market, be diversified, and don’t trade on emotion. The problem is that investors doing that since 2000 would have seen little investment returns in exchange for taking on stock market risk.

So, with this info in hand, more aggressive investors are looking to spot a bottom and make a buck along the way. So, it’s interesting to read weekly Barron’s article out over the weekend entitled “For the Bold Investor, This Could Be the Time to Buy Tech Stocks“. The article, written by one of this author’s favorite journalists, Eric Savitz, looks at Oracle’s (Nasdaq: ORCL) recent performance as indicative for what’s happening to tech. Citing Oracle’s Chief Financial Officer Safra Catz, Savitz explains that deals were getting harder to close with some business slipping into the May quarter. Tough times for tech.

So why does Barron’s think we should start buying now?

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This entry was posted on Monday, March 31st, 2008 at 9:15 am and is filed under Employment opportunities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.