UPDATE: S&P 500 survives test of 50-day -2-
UPDATE: S&P 500 survives test of 50-day average amid technical cross currents
The firm's strategy and market opportunities support our $100 per share fair value estimate and narrow moat rating.
Citrix Systems CTXS announced first-quarter results that were within the range of our own forecasts. However, because of an ongoing investigation into stock-option backdating, the company has been unable to file its 2006 annual report. Although we anticipate increasing our fair value estimate by a ...
Financials and tech have turned in very different earnings so far, but there are still some values in both sectors.
Our top managers continue to find attractive buying opportunities in wide-moat firms.
Although the tech sector hasn't had the best earnings season, Apple, Microsoft, and others still have solid long-term fundamentals and are trading at attractive discounts.
The surprisingly big drop in PC shipments during the first quarter is no reason to avoid these undervalued technology-sector firms.
Plus, news on American Century, Turner, DWS, PowerShares, and more.
For intrepid investors, the technology sector holds untapped sources of value.