Economist Likes Chip & Multimedia Stocks
Geert-Jan Nikken at Rabobank said investors should look into buying shares in European semiconductors and multimedia companies.
ASML -- “If you take a look at the stock from a technical perspective, I think there’s still more upside room for the stock.”
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.”
No immediate information was available for Geert-Jan Nikken or his firm.