Here's Where Investors Took Cover in Miserable Week for Tech Stocks
- Oracle among a handful of stocks poised to end week with gain
- Dividend yielding stocks with steady profits are back in vogue
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It’s been an ugly week for tech stocks. But it turns out that investors who stuck with the likes of Oracle Corp. and Cisco Systems Inc. -- cash generating, dividend-paying companies -- managed to beat the market.
With the Nasdaq 100 Stock Index sinking to the lowest in almost two years, Oracle managed to post a nearly 1% advance, followed by a 0.2% decline for Cisco.