Tech fund manager backs these 2 software stocks will outperform in a recession

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

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Jeremy Gleeson, who manages a $1.5 billion tech fund, thinks two Silicon Valley giants are set to outperform.

Enterprise-software giants ServiceNow and Salesforce are set to be beneficiaries of a recession in 2023, according to tech fund manager Jeremy Gleeson. The two Silicon Valley giants sell software services that aim to make businesses' sales, customer service, and operational workflows more efficient. Gleeson, who manages the £1.

However, analysts believe they will rebound by over 50% to $200 over the next 12 months, according to FactSet. Salesforce shares closed at $130 on Wednesday. "This is a company which is more mature than it was 10 years ago. Its growth rate is lower than it was 10 years ago, but they still continue to grow," Gleeson said of Salesforce, which is 2.3% of the AXA Framlington Global Technology Fund.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

What are they

Boycott Tesla

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

What employees want in a post-Covid office space - Silicon Valley Business JournalA new study reveals what employees want from the office and how the right workplace experience can increase their effectiveness.
مصدر: svbizjournal - 🏆 334. / 59 اقرأ أكثر »