Big Cap Tech Appears Cheap

By on August 12, 2010

Mike Santoli of Barrons recently commented on whether large cap technology stocks (HPQ, IBM, INTC, MSFT, ORCL) are truly inexpensive. What once was one of the most expensive sectors of the market has become amongst the cheapest in relation to earnings and cash on hand (from 7% to 14% of market cap).

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