The Ratings Game: Here are some ‘stand-out’ tech names worth owning in market turmoil, says analyst [MarketWatch]
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Source: MarketWatch
Here are some ‘stand-out’ tech names worth owning during coronavirus turmoil, says analyst The coronavirus outbreak and market selloff aren’t reasons to stop investing in tech names, according to Wedbush analyst Daniel Ives, though he said that investors should be selective about the stocks they pick. Ives outlined a few “stand-out” tech stocks Thursday that he argued could be more resilient in times of uncertainty and volatility. They include big names like Microsoft Corp. MSFT, -4.75% and Apple Inc. AAPL, -6.10% as well as a slew of smaller software plays, such as Zscaler Inc. ZS, -8.00% and DocuSign Inc. DOCU, -8.85% Read: Apple sees China iPhone shipments tank in ‘doomsday’ scenario, but bull says to keep the faith “Does an economic slowdown impact these models and valuations?” Ives asked. “The answer is a clear YES. However, looking past the fear and panic (and a potential short lived economic dent/softness), we believe these high priority areas of spending and bu
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