New Tech Titans
The technology field is definitely active as social networking, gaming, movies, and music continue to seamlessly weave themselves into our daily lives. It's time to refresh your memory on the new tech titans on the block. First off, Facebook leads the charge with their recent announcement of new features: (1) group chat, (2) new designs, & (3) video chat. Many people can't wait for the day this stock IPO's or goes public. Next is Google, who is offering Google+ a competing social network site and chomping at the bit for more targeted advertising. And then there is the simplicity of Netflix. Netflix is now streaming throughout many homes on a regular basis and they are betting that you will stick around even as they raise prices. Sorry to break the news but Netflix prices are going up for everyone...will you pay up?
Other hot technology firms are Linked In, Pandora, Zynga, Square, and others which are changing the way we interact, watch movies, and listen to music. Then we have Groupon which could be potentially be valued ar roughly $20 Billion dollars when they IPO, or become a public company. The question often asked is “Do You Remember The Technology Bubble?” and is it happening all over again. I do believe that some of these firms are legit, but I think a few won't be as popular as they are today. Stay tuned for further posts as I tackle which technology stocks will survive the digital renaissance.
Double Dip??
The economy may be suffering from a really bad hangover that was worse than we originally thought. Financial stocks, housing stocks, and high levels of consumer debt make you wonder if we've learned anything at all from the 2008 crisis. I just don't have the feeling that we are out of the woods yet and I've been cautious for quite awhile. I don't think I am alone anymore as there have been rumbling about more stimulus...is there Quantitative Easing on the horizon, well the Fed might think so. Can you say QE3
Old High Growth or New Low Value
While the economy is whipsawing back and forth, I'm looking for value is some very unlikely places! I have been keeping an eye on some bellweather stocks of the past that have traditionally been high flyers. But we have to remember that just because they were once great doesn't mean they will always be great, even if it looks like they trade for a discount. But I've got my eye on Best Buy, Yahoo, Cisco, Applied Materials, American International Group and Sotheby's. I don't want a dog with fleas but if these old gems can sparkle again I may be as happy as a woman in a jewelery store.
As usual I keep my eye on the trends and economic events happening out there. These developments are more than just fun facts they tend to shape politics, lives, and where the investment dollars are and will start flowing.
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