January 30, 2012

Tech Stocks: I Don’t Buy High-Priced Stocks

I am interested in technology in some shape or form, but I can’t imagine buying any of them. They are a bit hot these days and they have been for two or three months, so that’s why I am short. I don’t buy high-priced stocks. - in CNBC, earlier today

Related, PowerShares QQQ Trust, Series 1 ETF (QQQ), Technology SPDR ETF (XLK), ProShares UltraShort QQQ ETF (QID)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.