Out With the Old, in With the New

Exploited vs. unexploited. New names vs. old names. Overheated and overowned sectors vs. underowned sectors that haven't heated up yet.

That's where I think we are in this market. Money managers all over the country are looking at the stocks of companies hitting all-time highs and they are saying, "OK, what's still behind the averages longer term that I can make a thesis for buying?" They want to know where there still might be value. Right now they are finding little value in the consumer packaged goods sector of the market, think Clorox (CLX) or Colgate (CLP), and a ton of value in the once-growth names in hardware and software, companies like Texas Instruments (TXN) or Ciena (CIEN) and JDS Uniphase (JDSU) or even Compuware (CPWR), BMC Software (BMC) and Computer Sciences (CSC)....544 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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