Tracking a Tech Turnaround

In January, I discussed what I believed were the positive prospects for the stocks of Japanese firms Sony (SNE) and Panasonic. Since then, shares of both Sony and Panasonic are up about 60%.

My original column focused the immediate prospects for these companies' stock prices as a result of the yen depreciation being embarked on by the Bank of Japan, but that was only a catalyst to attract investors' attention to the companies. Both companies had fallen out of favor with investors because their growth prospects were eclipsed by other technology companies in more attractive markets. This allowed the stock prices to decline to levels that were consistent with value investing....275 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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