Our SaaS 20 Stock Index fell more than 40 percent during 2008. Will we see software as a service stocks rebound in 2009? I’m betting yes, but if you saw my track record on Wall Street you’d realize I am not a professional stock picker.
How do you expect SaaS stocks to perform in 2009? Participate in our quick weekly poll and we’ll summarize the responses on Friday, January 9.
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Posted In: SaaS 20 Stock Index | Software as a Service and Hardware as a Service
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After falling 35% in 2008, US stocks are now trading at only 10.6 times forecast earnings, well below the historical average. But are they good value yet? Martin Hutchinson says it will depend on the sector and country. He offers his financial advice by picking the biggest bull and bear markets for 2009.
http://www.contrarianprofits.com/articles/the-top-bear-and-bull-markets-for-2009/10756
Murray: Thanks for the pitch for Martin Hutchinson. But I have a better pitch for readers — ignore the Wall Street “experts.” Invest in yourself. Invest in your business. And invest in trusted publicly held companies for the long haul.
The smartest investment I ever made was co-launching a business rather than reading stock picks from some pundit I don’t know…