NewsFeeder
Headline News
- Reaction score
- 4
[$$] Is There Value in Tech Funds? Yes and No
Rahul Narang has every reason to be skeptical. “The forward price/earnings ratio for the average tech stock is 19 today versus the S&P 500’s 17.7,” he says. Of course, Apple (AAPL), which accounts for 15% of the S&P 500’s tech weighting, has a disproportionate influence on the valuation.
http://finance.yahoo.com/r/c6c758bd...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
Rahul Narang has every reason to be skeptical. “The forward price/earnings ratio for the average tech stock is 19 today versus the S&P 500’s 17.7,” he says. Of course, Apple (AAPL), which accounts for 15% of the S&P 500’s tech weighting, has a disproportionate influence on the valuation.
http://finance.yahoo.com/r/c6c758bd...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
