It’s clear that the top tech stocks are the best investments in the stock market right now.
Google set the Tone
When Google (GOOG) beat expectations last month and International Business Machines (IBM) came through in the same week, it was clear technology was not going get pinched by a weakening economy. I made a mistake selling some GOOG last month, and ended up buying shares back after the stock popped ninety-something-dollars after earnings came out. Now GOOG seems set on passing go and collecting $200 — in its stock price. When earnings came out it was clear this stock was worth at least 32 times earnings. That’s $620 a share. I expect the stock to stay strong until it hits the mark.
