Yields on stocks outside the technology sector are set to continue to rise following a year in which...
Yields on stocks outside the technology sector are set to continue to rise following a year in which dividend streams of around 6% were available, according to Neil Woodford, fund manager at Perpetual. He says: "Last year we did not like the bubble stocks and became attracted to other stocks that were falling in price. It was possible to buy some very attractive companies on low P/E's and high yields." Woodford has positioned his fund accordingly. He says: "The stocks performed well in 2000 and still have further to go. "The year 2000 offered abundant yields in attractive markets. The ...
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