Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM, Steep falls in tech stocks continue. What do you view as the best value/most oversold stocks at or around current levels out of CAT, HSN, WTC, XRO, 360? From memory, you hold all but the last across your portfolios. Perhaps you can rank them. Also, do any other tech stocks jump out at you as particularly oversold/deep value? Thanks, Darren
Hi Darren,
A very topical question at the moment and one we are watching very closely – even with the market sitting up over 100-points at midday on Friday the local Tech Sector was trading marginally lower.
At this stage, in the short-term we believe the bearish elastic band can stretch a little further but we definitely would call ourselves in “Buy Mode” with the pullback very mature. Ranking stocks in the sector is hard when they’ve fallen as one for two overbearing reasons – Firstly, interest rates are now expected to rise, as opposed to fall, in 2026, removing an important tailwind for high-value growth stocks. Secondly, the “AI Trade” is being called into question as spending vs. potential returns has led to a major re-rating on global bourses. However, here goes:
NB Shawn’s Trading Ideas anticipates buying 360 or CAT in the coming week.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
