When it comes to cutting edge technology, sometimes it's more important to focus on value than it is to focus on cost. Yeah, you can get a cell phone for $9.99, but don't expect it to play digital music or let you check your email. You can get a flat screen for under $500, but it will only be a tiny 32-incher.
Well, the same is true for tech stocks. There are some companies out there with shares trading for peanuts, but investors get what they pay for. On the other hand, stocks like Google (GOOG) are trading around $600 a share for a reason.
I know it's intimidating to see stock prices that high, but don't get turned off simply by the sticker shock. Many tech stocks are great buys even at more than $100 a share. Let me give you a few examples with these five pricey tech stocks that are worth every penny.
Click on each stock to learn more:
Stock #1: Amazon.com (AMZN)
Stock #2: Apple (AAPL)
Stock #3: Baidu (BIDU)
Stock #4: IBM (IBM)
Stock #5: Priceline.com (PCLN)
At the time of publication, Louis Navellier owned shares of AMZN, AAPL, BIDU, IBM and PCLN in personal or client portfolios.
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Reader Comments (Page 1 of 1)
1-02-2010 @ 9:48AM
Paolo said...
What about SOHU? According to Greenblatt's formula it's one of the most "valuable" stocks out there...