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I predict a rally in the DOW over the next two or three months, going from a little over the 10,000 it is today, to levels that will flirt with the 11,000 barrier by autumn. The three tech. leaders in the Dow are IBM, Microsoft, and Intel, and all three will significantly outperform the DOW as a whole – as a percentage of gain. All three will see additional gains for a variety of reasons, especially Microsoft because of the 35 billion in cash (give or take) the company has “invested”. IBM should also have very nice gains, as its current P/E is quite attractive, and the price is well below its recent past highs.
Over the next three months:
The Dow…..10 percent gain
Intel…….20 percent gain
Microsoft…25 percent gain
IBM………30 percent gain
I have several reasons for these predictions. If anyone is interested in pursuing this course of discussion, leave a comment, and let’s see where it goes.
Disclaimer: This is my personal opinion only. Investing, as always, has some level of risk involved, and this is, by no means, a recommendation to invest in any particular manner. Consult your own financial advisor before investing, and I am making no claims that I am an “expert”.
As a side note: How many people invest in their own future? How many people “pay themselves” first?
