Global market strategists gave us 5 reasons tech giants will keep winning — even if they're broken up

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Strategists say they're bullish on tech giants and the whole sector, even in the unlikely event Elizabeth Warren breaks up Amazon, Google and Facebook.

While investors don't want any of that to happen, they're also not that worried about what Warren's call means for tech.

, according to Sameer Samana, the global equity and technical strategist for the Wells Fargo Investment Institute. That's because traders still bullish on tech fundamentals can use selling as an excuse to boost exposure at a discount. "These businesses are generating incredible revenues and incredible profits," he said."Even if regulation chips into some of that, they're still going to be significant engines of economic success."

"Tech is either at the forefront of, or it forms a backbone of, all those different big picture trends," Samana said.Hooper says huge companies that spread into numerous businesses generally trade at a discount compared to more focused ones. That's because investors feel the larger companies are less nimble and efficient than pure plays — and it means investors might jump at the chance to invest in specific parts of Amazon, Google, or Facebook if they were split up.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Companies with big global exposure could face a double-digit Q1 earnings declineCompanies with more than half of their sales generated overseas are expected to see an earnings decline of 11.2 percent in the first quarter of 2019, according to FactSet. Business goes up.... business goes down....life goes on. Well what did they expect with Trump and his art of the Deal. I mean he did get American businesses to happily pay that addition import Tariff-on their imports.
Källa: CNBC - 🏆 12. / 72 Läs mer »

79% of global companies say advancing women is not a priority, new research findsA new study by IBM suggests that the gender gap in leadership will likely persist until 2073 without corporate action. MakeIt They should be advancing homosexual penguins MakeIt Tell me something new
Källa: CNBC - 🏆 12. / 72 Läs mer »

Global stocks stuck in worst run of the year ahead of ECBWorld stocks were stuck in their worst run of the year and bonds were on the ris... 😂🙃 mmm مهدي
Källa: Reuters - 🏆 2. / 97 Läs mer »