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Tuesday, June 5, 2012

Personal Finance Daily: Tech stocks to buy until Facebook is cheap

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MarketWatch
Personal Finance Daily
JUNE 05, 2012

Tuesday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
powered by ad choices


Don't miss these top stories:

While Facebook Inc. and other one-time social-media darlings stumble, Walter Price, co-manager of the $1 billion Allianz RCM Technology Fund, looks to established technology companies with what he calls attractive earnings growth. Read the FundWatch column on MarketWatch by Jonathan Burton and check out which tech stocks to buy until Facebook (FB) is cheap enough.

In other investment news, Mark Hulbert notes that some sentiment measures are now showing more gloom and doom than at any time in almost two years. Hey, that's great news; according to contrarian analysis, he writes, this correction is close to being over.

But bear with the following, Jon D. Markman writes on the Trading Deck: Opinions will differ, but it certainly looks as if institutional investors are hunkering down for a bear market and recession. They may be wrong or they may be right, but that's what their actions say.

Either way, you'll find lots of investment analysis and commentary on MarketWatch.

Anne Stanley , managing editor, Personal Finance

INVESTING

Tech stocks to buy until Facebook is cheap enough

Facebook's stock offering may have killed the next wave of IPO stars and burned individual investors, but one veteran technology-sector investor is willing to give the social-media icon a second chance — at $20 a share.
Read more: Tech stocks to buy until Facebook is cheap enough.


Correction close to being over

A tradable low is close at hand, at least according to contrarian analysis.
Read more: Correction close to being over.


Is the bear around the corner?

Opinions will differ, but it certainly looks as if institutional investors are hunkering down for a bear market and recession. They may be wrong or they may be right, but that's what their actions say.
Read more: Is the bear around the corner?


One-decision funds for overwhelmed investors

A wide choice of products is good for consumers — up to a point. But the choices available to investors may have gone well beyond that.
Read more: One-decision funds for overwhelmed investors.


Finally there's straight talk on Wall Street

At last, the CEO of a too-big-to-fail bank is telling the truth about what Wall Street really thinks of its clients, so why is everyone so offended?
Read more: Finally there's straight talk on Wall Street.


PERSONAL FINANCE

Dental price clubs: Should you bite?

Since even the best dental plans are quickly maxed out, some are turning to price clubs. Some of these new providers might be worth a look.
Read more: Dental price clubs: Should you bite?


New breakthroughs in prenatal screening

New prenatal-screening tests that could improve accuracy and reduce the need for amniocentesis and other potentially risky procedures are becoming widely available to pregnant women, in what doctors are calling a new era in genetic testing.
Read more: New breakthroughs in prenatal screening.


ECONOMY & POLITICS

G-7 monitoring Europe closely, U.S. says

Key officials vow to keep close tabs on the situation in Europe as the region deals with debt woes and prospects for contagion, but markets register a muted reaction.
Read more: G-7 monitoring Europe closely, U.S. says.


Service sector expands slightly faster in May

The U.S. service sector grew slightly faster in May, but companies scaled back their hiring plans, according to a survey of senior executives.
Read more: Service sector expands slightly faster in May.


H-P–Oracle lawsuit: only in Silicon Valley

The lawsuit Hewlett-Packard Co. (HPQ) has filed against former partner Oracle Corp. (ORCL) involves a feud over the life-or-death status of an arcane computer chip in a bizarre battle, writes Therese Poletti.
Read more: H-P–Oracle lawsuit: only in Silicon Valley.


Frustrated ECB seen unlikely to move just yet

Mario Draghi's frustration is showing, but he remains unlikely just yet to spur the European Central Bank to ride to the rescue of the euro zone.
Read more: Frustrated ECB seen unlikely to move just yet.


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