News Formal

Forget Nvidia. Here are 5 undervalued tech stocks every investor should own, Goldman Sachs says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Investment Strategy 뉴스

Breaking News: Markets,Markets,Applovin Corp

The firm said this week investors should focus on tech stocks that are underappreciated.

Goldman Sachs said this week that there are plenty of cheap tech stocks to buy coming out of earnings. As of Friday, 92% of the companies in the S & P 500 have reported quarterly results, and 79% of these names have posted earnings that beat estimates, per FactSet. The information technology sector has reported a year-over-year earnings growth rate of 23.2%, according to John Butters, senior earnings analyst at FactSet.

Pro combed through Goldman Sachs' research to find the most underappreciated buy-rated tech stocks. They include Microsoft, Teledyne Technologies, Arista Networks, Toast and AppLovin. Teledyne Technologies Don't miss out on Teledyne's shares, Goldman said. The company builds electronic components, including avionics systems for commercial aircraft Goldman said it's standing by the stock even after Teledyne's disappointing late April earnings report.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

10 things to watch in the stock market Monday: Goldman Sachs, Nvidia, Constellation BrandsThe market is trying to rebound from Friday's selloff on hopes that the conflict in the Middle East doesn't escalate further.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Forget Nvidia: Morgan Stanley says Intel's much-hyped AI chip will boost 3 global stocksOne of the stocks named by the Wall Street bank has a 70% upside potential.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »