Here are First American's Jerry Braakman five favorite tech stocks - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Jerry Braakman manages $1.9 billion in assets and prefers gold right now to most tech stocks. But he still thinks these 5 tech companies can flourish in the pandemic economy.

and start reading now.

That said, he still holds shares of tech companies in his clients' accounts and is high on quite a few of them; the stocks he likes tend to have strong businesses, healthy balance sheets, and a compelling reason for why they're poised to do well going forward. If the economy booms thanks to all the money the Federal Reserve has been pumping into it, gold's likely to be a good hedge against inflation, said Braakman, the chief investment officer of First American Trust. And if the economy crashes thanks to the resurging coronavirus pandemic, gold will likely be seen as a safe haven to retain value. Meanwhile, the stock market rebound in recent months has sent many tech stocks to what may be unsustainably high prices, he said.

That said, Braakman, who manages $1.9 billion in assets, hasn't sold off all his stocks and reserved a corner of Fort Knox just yet. He still owns tech shares in the accounts he helps manage for First American's clients and has some that he particularly likes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 729. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google's Eric Schmidt is building tech college to rival Stanford, MIT - 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. Sounds like a plan to train people to infiltrate government..? First pay for mine. So far you are criminal, nothing you can tech about my ways. My system, ecommerce and so on is not yours, not for you. You can teach, that you were in unjust enrichment for all this time.
Source: BusinessInsider - 🏆 729. / 51 Read more »

UK firms are selling invasive spy tech to repressive governments around the world - 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. The same UK is the champion of human rights around the world😆 SAI Colonial habits die hard. Where is all of that institutional knowledge of repression supposed to go? Up for sale.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Half of Bay Area tech workers worry they'll be laid off, survey finds - 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. Thank You Mass Protesters Looters Thugs and Criminal!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Ex-Amazon VP says Amazon, tech companies should be broken up: report - 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 »

3 books reveal 'shadowy' conspiracy to destroy American democracy - 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. paulconstant Far right conspiracy to destroy our democracy? Are you kidding? Why don’t you report on the marxists and anarchists who have taken over several large American cities, set up autonomous zones and demanded that police be eliminated
Source: BusinessInsider - 🏆 729. / 51 Read more »

Gallup: Americans say police reform is needed in the US - 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. Then why are BLM and Antifa destroying our cities? It’s almost like it has nothing to do with police reform. 🤔 Do they want this? As in Russia? No shit. Now do a poll on how many americans want marxism BLMMarxists
Source: BusinessInsider - 🏆 729. / 51 Read more »