If you like trading tech stocks, here’s a new strategy

The Nasdaq Composite and it’s technology components have been
very strong over the last 4 weeks.  The Nasdaq Composite has risen 4.37%,
while the Semiconductor Holdr (SMH) has risen 10% over that time period. 
Technology is coming back into focus again.

Every day TradingMarkets publishes a list that contains the

Top 25 PowerRatings Technology Stocks
. Here are 4 stocks with
PowerRatings of 7 or higher.  These stocks should be kept on a watch list
for the next week.

From 1995-2005,
stocks with a PowerRating of 8 have outperformed the S&P 500
index on average by an 8.3-to-1 margin, while a PowerRating of 10 doubles that
performance to 16.3.

PowerRatings also help indicate a stock’s
downside as well as timely short-sale entry points; PowerRatings of 1 and 2 have
on average lost money over the next week. A PowerRating of 1 typically
underperformed the S&P 500 by a 5-1 margin. Obviously, you should ideally be
looking to buy high PowerRating stocks and avoid (or short) low PowerRatings
stocks.

China Technology Development Group
(
CTDC |
Quote |
Chart |
News |
PowerRating)

Key Tronic Corp.
(
KTCC |
Quote |
Chart |
News |
PowerRating)

VA Software Corp.
(
LNUX |
Quote |
Chart |
News |
PowerRating)


Plexus Corp.
(
PLXS |
Quote |
Chart |
News |
PowerRating)


Click here to
try


PowerRatings
for yourself, risk free.

You can also
attend a free
class
on how to use


PowerRatings

presented by Steve Primo, our Director of Education.

Darren Wong

Associate Editor

darrenw@tradingmarkets.com



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