Stocks to watch: "We look for sectors that are going through great change or have valuation anomalies".
Ron: I look for sectors: Video gaming, search, social networks, UGC, cloud computing – these are billion dollar sectors – so you try to find the best companies in those sectors and interviews and pick the top 5 out of the top ten.
He looks for sector leaders that have the octane to stay that way.
It can also be a bad thing if you are looking for sector diversification, and, even worse, it can be downright dangerous when the inflated stocks dominating the index fall fast during a correction.
"We're looking for sectors that seem to be attractively priced relative to other sectors".
Thus, the data show that while some states might be very good places for the high-tech workers who have jobs, they might not be the best place to look for the sector's expansion.
Look for private-sector growth in the north-east and you get the odd high-skilled niche such as computer games in Middlesbrough – but they're never going to provide volume employment.
Here are some tips for the budding value investor: Look for undervalued sectors.
When investors look for industry sectors that should benefit from higher interest rates, technology stands out because of the cash-heavy balance sheets of many companies.
There is one last place to look for private-sector demand: the secret place that the business press agrees never to mention.
