These stocks have been hit by coronavirus fears, but analysts still say buy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Major Wall Street analysts see buying opportunities for some stocks hit by the coronavirus.

"This news will no doubt cause investors to question QRVO's $800-$840M Mar-Q revenue guidance given on January 29, despite QRVO's management addressing this topic last week at a conference and seemingly standing behind guidance," Wells Fargo said in a note.

The firm urged investors to use caution and said that any supply chain issues would only be short term. "We believe investors should buy on any weakness in QRVO's shares on the heels of the announcement issued by Apple," Wells said.Here is a wrap of the stocks that have been hit by the coronavirus but analysts still say buy:"The Coronavirus is wreaking havoc across virtually every hardware company with exposure to China in terms of supply disruptions and demand disruption. Despite this headwind, however, design activity remains robust and SNPS has had no ill effects.

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:

 /  🏆 12. in ZA
 

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

Of course they are, $AAPL is hardware company they conned you into believing is a high margin services company. Poor joe public gonna get killed up here

Okay, sure. I'll add some more shares. NOT.

not yet april is the bottom

Permabull charlatans like you

Yep. Let them buy as much as they want. Smart retail will see the true risk and run now.

They will always say buy even after they have sold

Buy on the dips … sell on the highs … simple theory that applies to all most every thing ...

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Google's $2.1 billion Fitbit acquisition is a major privacy risk, Europe data body warnsGoogle might struggle to get its Fitbit purchase over the line. Not surprising. With Google people's information is a commodity. I knew this already. and it all makes sense since google has been collecting health data like stupid.
Source: BusinessInsider - 🏆 729. / 51 Read more »