What to do with $10,000 now
Given the uncertain economic picture, you probably have a chunk of change squirreled away. Here's how to best use that cash.
Find growth on sale
Tech and pharma companies -- growth-stock darlings of the late '90s -- now look more like value plays. These four trade at about half their 10-year price-to-earnings average and at a 15% to 40% discount to the market, says Patrick Becker, a money manager in Portland, Ore.
NEXT: Put it in an IRA
Last updated October 18 2010: 11:56 AM ET
Source: Bloomberg, Morningstar
Data as of Sept. 27. P/E ratio based on forecast for next 12 months' earnings.
Data as of Sept. 27. P/E ratio based on forecast for next 12 months' earnings.
