The recent drop in technology stock prices presents some buying opportunities for investors, but analysts say buyers should be choosy as the sector remains richly valued amid rising inflation worries.... [+]
2021, in New York. The Nasdaq Composite continued falling more than half a percent during the day. Also, the move away from Apple Inc, Amazon.com Inc , Facebook Inc, Tesla Inc and Microsoft Corp, falling during the day, helped small-cap stocks rise more than double the gains of the S&P 500.
Lloyd likes Universal Display Corp., which makes products for the display and lighting industries, citing that there has been a shift away from liquid-crystal display screens to Universal’s displays in smartphones, TVs, and smart devices – part of a longer-term trend. Lloyd also favors Vroom, the second largest e-commerce player in the auto retail space behind Carvana – but he cites that Vroom currently trades at an 80% discount compared to Carvana and is growing much faster than Carvana as more people are purchasing cars online now.
John Stoltzfus, chief investment strategist at New York-based Oppenheimer Asset Management, which manages $34.
So basically these guys are not in agreement and no one knows.
Meanwhile, DogeCoin roars!
Very similar to what I am following and hearing among my most enlightened crews. I love that you took note of enterprise multi/cloud. Not so sure on Vroom. Vroom is newer so boomer, but KMX is the steady climb that is gonna get real steep. I hope I'm right!
Don’t fall into the “value” trap. Just buy $TSLA and hold.
Can we go somewhere today?