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Stocks Fall After Fed Minutes Show Willingness to Taper in June

Economist Likes Chip & Multimedia Stocks

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Published: Wednesday, 20 Aug 2008 | 3:20 PM ET
By:

CNBC.com Writer

Geert-Jan Nikken at Rabobank said investors should look into buying shares in European semiconductors and multimedia companies.

Recommendations:

ASML -- “If you take a look at the stock from a technical perspective, I think there’s still more upside room for the stock.”

Buy ASML, Wolters Kluwer: Charts
There is upside potential for shares of semiconductor supply company ASML and multimedia company Wolters Kluwer, GeertJan Nikken from Rabobank told CNBC Tuesday.

Wolters Kluwer -- “If we take a look at the price activity since the last quarter of ’07, you will see a downward trend. However, we do see a strong recovery recently and I think that Wolters Kluwer [shares] will rally.”

Disclosure:

No immediate information was available for Geert-Jan Nikken or his firm.

Disclaimer

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Geert-Jan Nikken at Rabobank sees plenty of upside for stocks from semiconductors and multimedia companies.
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ASML ---

   
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