Work-from-home stock picks to buy, avoid amid coronavirus: Jefferies - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

South Africa News News

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

A handful of software companies are among those Jefferies expects will get a big boost from the work-from-home movement.

has upended many aspects of American work life, with the sudden social distancing measures it's commanded. And the situation has gotten so extreme that entire business models are being thrown into question.

That's impacting investment decisions. In a lengthy note sent to clients on Monday, analysts at Jefferies selected stocks they think could benefit, or suffer, during the broad shift to remote work during social distancing. "Post COVID-19, the benefits of flexible working will likely lead to a doubling of WFH levels which will drive paradigm shifts in tech requirements, consumer behavior and will provide extra time," they wrote.that's claimed more than 114,000 lives globally and devastated economies worldwide., leading to "expanded tech budgets drive secure efficient, mobile, cloud solutions and hardware.

For instance, software companies intended to connect remote employees and facilitate collaboration and digital file storage are set to benefit, the analysts said, pointing to stocks including

 

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 ZA

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