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New Technology: Finding the best tech trends

Posted April 15, 2008

“Trends can get an investor into trouble. Oftentimes, an investor will put too much stake in how he believes a particular trend will shape up, yet neglect his most important decision: The company whose shares he chooses to buy!” — Greg Guenther

by Greg Guenther

Baltimore – (TFN): Finding ideas with the potential to turn into powerful trends can lead to impressive profits. But this strategy has its inherent risks. Afterall, a trend could turn out to be just that — a blip on the radar screen.

Trends can get an investor into trouble. Oftentimes, an investor will put too much stake in how he believes a particular trend will shape up, yet neglect his most important decision: The company whose shares he chooses to buy! Oil can be on the rise…but if you’re invested in a failing oil company, you won’t reap the rewards of your prediction, accurate or not…

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New Technology: Bogus trends

Then there are bogus trends. Take Crocs Inc., for instance. The company makes squishy sandals that were all the rage last summer. The stock rose on high hopes that these sandals would grab a permanent place in the fashion world. Expectations became overblown and then crashed — along with the stock — when reality set in… View a Crocs stock chart and read on to find out how to profit from the latest, and most reliable, tech trend.

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