Media stocks are offering some opportunities even though Europe's beleaguered technology sector rema...
Media stocks are offering some opportunities even though Europe's beleaguered technology sector remains unattractive, according to Credit Suisse. Raj Shant, fund manager at Credit Suisse Asset Management, remains concerned that technology hardware companies are still struggling to meet their profits targets on the back of weak demand and continued inventory stockpile woes. 'We have been underweight IT hardware from the middle of last year and are staying underweight,' he says. 'The valuations are not ridiculous anymore, but earnings are still unrealistic.' While he is po...
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