The technology sector, along with related exchange traded funds (ETFs), have also been hit hard in this recession. But has it dipped low enough to entice investors back into this sector?
There are proclamations from Intel (INTC) that the PC market has “bottomed out,” according to Aaron Task for Yahoo! Finance.
Many tech stocks, like Intel Corp., have quite attractive valuations notes Scott Bleier, president of CreateCapital. Bleier particullary notes Intel as “the closet thing to a legal monopoly” in America and that tech stocks like this one are “dirt-cheap.”
Full Story: http://www.etftrends.com/2009/04/is-it-time-to-look-at-technology-etfs.html