Sony Corporation (ADR) (SNE) Is Making Strides

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It’s really gambling when an investor picks a stock based on the possibility that a gadget will catch on. Plus, it’s often difficult to discern between the rumor mill and what is actually happening at these companies. The Sony Corporation (ADR) (NYSE:SNE) Smartwatch provides a good indication for investors that the company is looking to strengthen its tech arm, but you should investigate the financials and the company’s recent moves before deciding to pick up this stock.

Phillip Woolgar has no position in any stocks mentioned. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple and Google. Phillip is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

The article Sony Is Making Strides originally appeared on Fool.com is written by Phillip Woolgar.

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