The Sky Is Not The Limit, But Savvy Investors Can Find Some Stars
No, this is not 1998, so don't expect a return to a frothy market. Even so, some sectors that rocketed in the late '90s are still looking attractive. One of the big names from the class of '98, Dell Inc. (DELL
), leads the roster of potential high-tech buys. With merger deals and IPOs again on an upswing, Wall Street firms are a logical place to put your money. Selective buying of retail and energy stocks could also prove to be a wise strategy. And the travel industry is on the rebound. With the dollar weaker, many smart investors are looking abroad for buys. Nevertheless, our leading investment gurus prefer to keep their money close to home.
Copyright 2003, Bloomberg L.P.
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