Thursday, November 13, 2008

Sold out Technology.

Technology sector has been one of the worst performing in recent weeks. Many big tech companies like Tyco, Intel are slashing outlooks. I run fundamental stock screener for big technology stocks included in S&P 500. With market capitalization above 5 bln. USD and P/E valuation below 10. The results show exactly 10 big tech companies listed below.

Ticker Company Name P/E



(GLW) CORNING INC 2.5
(TEL) TYCO ELECTRONICS 3.6
(TYC) TYCO INTL LTD NE 7.6
(DELL) Dell Inc. 7.8
(ADI) ANALOG DEVICES 7.8
(TXN) TEXAS INSTRUMENTS 8.6
(FISV) Fiserv 8.7
(IBM) INTL BUSINESS MAC 9.4
(HPQ) HEWLETT PACKARD C 9.6
(LLL) L-3 COMM HLDGS IN 10



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