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May 08 2015

Tech: One Year After The “Bust”

  • May 8, 2015

At a time when social media stocks are the rage, stodgy “Old Tech” has quietly tacked on a 20% gain in the 13 months since the social media peak, while the NASDAQ Internet Index is still a bit below its March 2014 high. Yet, “Old Tech” P/CF remains below the level of 1995.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager