Technology Growth
October 14th, 2008There are still some very good prospects for online stock trading in the technology sector.
This takes a bit of homework today, especially with the market riding up and down nearly daily, but anybody in online stock trading owes it to do some research.
Some of the technology stocks show great promise, while others are clearly past their prime.
Some of the “old” technology players: IBM, Hewlett- Packard, Dell and Apple have some very clear value, though demand for their individual products and services might be sluggish in the months to come.
The newer technology stocks, such as the internet ones, Google and Yahoo, are each unique case studies. Some see nothing but accelerated growth for Google, which owns a huge share of the search market, and see a decline and eventual buy out of Yahoo. Should I allocate shares for both, is the question. Or pick the winner based on today’s knowledge and conditions.
There are some others that are stand alone cases. Microsoft is a unique situation. They still have huge cash reserves. Sun-Microsystems has its own position.
Even other sectors of technology include telecommunications and wireless. It’s hard to get a grip on some of them, considering the question of how much expansion to the upside they will have, considering the credit situation and the uncertain demand.
Cable and satellite will represent an uncertain level of demand, too. Once again, so much is dependent on the markets, demand and credit.
No matter how the Dow settles, there will always be demand for technology, especially technology that saves money for their users and enables them to do things easier.