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Posted by: Jim on: 01/12/2015 12:02 PM
In their opinion, the reasons are:
1. Sky-high valuations - Everyone thought this new tech would pay off right away.
2. Disappointing earnings - Most companies missed their targets.
3. Changes in sentiment - Sort of relates to reason #1 and #2. All of a sudden they are telling people to run away.
4. Increasing competition - The big boys like HP are now in the game.
From here, Fool recommends holding onto your stock and monitoring underlying businesses which should give you an idea of what to expect in your stock.
1. Sky-high valuations - Everyone thought this new tech would pay off right away.
2. Disappointing earnings - Most companies missed their targets.
3. Changes in sentiment - Sort of relates to reason #1 and #2. All of a sudden they are telling people to run away.
4. Increasing competition - The big boys like HP are now in the game.
From here, Fool recommends holding onto your stock and monitoring underlying businesses which should give you an idea of what to expect in your stock.
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