Why Neon Looks All Set To GlowBy
In spite of the recent surge of cyclical stocks, Patricia Chadwick, chief investment strategist at Invesco, is convinced that growth issues, led by high tech, will spearhead the advance into the next century. Cyclicals with strong earnings growth, she adds, will help broaden the market's rise. Chadwick doesn't expect capital spending on technology to abate anytime soon: Companies worldwide must keep up with new developments to remain competitive.
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