Marc Faber, who normally favors foreign stocks and commodities is bullish on US tech companies:
"Recently I bought some U.S. stocks for the first time in a long time. If you buy Intel (INTC), Cisco (CSCO), Yahoo (YHOO), Oracle (ORCL) and Microsoft (MSFT), you will do much better in the next 10 years than you would with Treasuries. These stocks will double and even triple - before going to zero." MARC FABER
I got a little thrown by the “before going to zero” bit, so I checked in with my colleague Lauren Rublin, who edits the Roundtable, who explained that he was kidding about that part. As Lauren explains, Faber is “really, really bearish long-term about stocks,” but he nonetheless has affection for large-cap tech. There’s some other good stuff in the Roundtable this week; you should read the whole thing. in Barrons`s Blog
