Email

Watch This Stock Over the Holidays

3 | By Strategic Tech Investor Staff

Sony Corp. (NYSE ADR: SNE) just downgraded its earnings expectations for the fiscal year, but during a recent appearance on CNBC World, Michael said that’s no reason to write off the stock. First off, the lowered guidance is thanks to a onetime write-down thanks to the sale of Sony’s battery unit. And this is “truly a onetime,” Michael told CNBC World’s viewers.

But the real reason Michael is keeping an eye on Sony – which gained 61% between early February and mid-October – is what it’s got planned for holiday shoppers. He explains all in this video…

3 Responses to Watch This Stock Over the Holidays

Leave a Reply

Your email address will not be published. Required fields are marked *