Looking For A Bounce? Buy Big Cap Tech (CSCO, MSFT, INTC, HPQ, DELL)
If you are bullish on stocks going into September, the place to be is the big cap technology sector. These stocks are downright cheap. If the market falls, they will likely get cheaper, but if we are putting in a bottom, this is undoubtedly a great buying opportunity for both the short and long term. Every single one of these stocks has been beaten down and is trading at a very compelling valuation. Furthermore, these names are the cream of the crop in the technology space. If the market can find a bottom in the next couple of weeks, you will be grateful to have added Cisco Systems, Inc. (CSCO), Microsoft Corporation (MSFT), Intel Corporation (INTC), Hewlett-Packard Company (HPQ) and Dell, Inc. (DELL) at these depressed levels. With the exception of DELL, which has an awful lot of problems, but is wildly cheap, these stocks are the bluest of the blue chips in the tech space. Full post…