There are some stocks that are being sold for no particular reason, even though they weren't overvalued. When the dust settles, these may pose a buying opportunity. However, it may take longer for the IT-related stocks to recover.
More Quotes from Taiji Yoshida:
I hope to see a further recovery, because the surge in the company's third-quarter performance was coming from a very low base.Taiji Yoshida
Given the increasing competition from Microsoft and Nintendo, Sony can't afford any delays that may help its rivals get ahead.
Taiji Yoshida
Worries about rising U.S. inflation and what that will mean for Fed rates may hurt consumer spending. Those concerns are negative for shares.
Taiji Yoshida
Anyone can announce a plan, the real challenge is implementing it. Stringer is coming from the outside, and he only spends part of his time in Japan.
Taiji Yoshida
I expect good numbers from Canon again. Canon's cameras are doing surprisingly well despite an industry-wide price slump. They are committed to keeping up margins.
Taiji Yoshida
Overall, companies have been reporting better results and at the company level there are many good earnings stories.
Taiji Yoshida
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Based on Topics: Opportunity Quotes, Reasoning QuotesBased on Keywords: it-related
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