Stockchase Opinions

Larry Berman CFA, CMT, CTA Philadelphia Semiconductor SOX-I PAST TOP PICK Dec 15, 2004

(A Top Pick Sept 20/04. Up 8%.) Target was $450 which was hit, so that's off. Still likes technology as a rule, but have taken some profit. Will look to buy back in, in the $400/410 range. Treating as a trading stock now.
$434.040

Stock price when the opinion was issued

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TOP PICK
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The sector was red hot since the US election but is taking a pause right now. It is consolidating, which is a positive thing. So long as the chart holds the support level and if it breaks the lid then it would mean it just consolidated.