But any investor who looks at Amazon's 30% gain this year, or Microsoft's 15% increase, likely wonders if that kind of leadership is sustainable. Bank of America is happy to inform them that there are other options — even within the tech sphere.
A team at the firm led by Jill Carey Hall — the firm's head of US small- and mid-cap strategy — just released a guide to tech investing. It identifies two major themes for stock picking in the sector. One, of course, is the coronavirus pandemic and its aftermath.
"While COVID has slowed overall demand, it has also benefitted parts of Internet , Software , Semis and demand for select Hardware products amid work-from home/telehealth/increased supply chain focus," she wrote. Meanwhile, the combination of the pandemic and the trade dispute will push more companies to move their plants out of China. That could help some US chipmakers and designers and companies that have the manufacturing capacity to help global companies relocate.
They've taken a comprehensive look at the small- and mid-size companies they follow to show investors some of the most promising stocks in software, chips, hardware, and services, resulting in this list of 13.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
STOCKS ARE ALL GOVERNMENT SPENDING
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
An ECM resurgence: Why companies sold record levels of stock in May - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Massive liquidity from the Federal Reserve is enriching the Wall Street elites while impoverishing Main Street. Imagine the social change if every young adult began receiving a basic income of $2k month on their 18th birthday local spendjng support of small biz. All it takes a 7% tax on stock trading and consumer sales in a $20 trillion yearly economy Here are the Fed's ETF holdings as of May 19, ordered by aggregate market value.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market crash: Albert Edwards warns recession to hit big tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bears are fake news. Reminder that bears eat trash.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here Are 13 Stocks That Both Hedge Funds And Mutual Funds Are Buying UpHedge funds and mutual funds both piled into healthcare stocks, but took opposite positions on energy and financials. skleb1234 I cant believe you did kylie jenner like that forbes skleb1234 Хоть здесь говорят правду skleb1234 If 95% of Wall Street investors fail to outperform the S&P 500, what makes you think you can? Buy and hold index funds.
Source: Forbes - 🏆 394. / 53 Read more »
Stock market crash: Current rally is a trap, says one market legend - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Which one is true?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Instagram to share ad revenue with influencers - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »