tech stock picks
Using the five rules we created to identify the biggest-potential stocks, we told you how the Mountain View, Calif.-based tech innovator was continuing to position itself as a company that will continue to create wealth for its stockholders.
Not long after, several folks wrote in to say that Google's $885 share price made the stock too pricey for them to own.Here are five that have an excellent chance...
If Buffett Liked Tech, Here's What He'd Buy
Warren Buffett used to define a "margin of safety" as a company that was trading close to - or even below - "breakup value."
Of course, that metric doesn't work as well today - especially in the parts of the tech sector that we like to focus on: You just aren't going to find many high-growth companies trading at bargain-basement levels.
But with U.S. firms sitting on a record $1.7 trillion in cash, you can find some name-brand tech firms whose cash reserves can cover a decent portion of their share price - creating a nice "margin of safety" as we move into the fall. (Good timing, considering everything that's happening - or not happening - in D.C. right now.)
I like to refer to these as "Cash is King" tech stocks.Even Warren Buffet, who typically avoids this sector, would approve of these...