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Stock impact report

How I'd Allocate $1,000 in Tech Stocks in Today's Market [Yahoo! Finance Canada]

RingCentral, Inc. Class A (RNG) 
Last ringcentral, inc. class a earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.ringcentral.com
After touching all-time highs recently, several tech stocks have pulled back significantly due to trade war escalations, valuation concerns, and the possibility of a global recession. However, the market mayhem allows you to buy quality growth stocks at a discount and derive outsized gains when market sentiment improves. So, let's see how I'd allocate $1,000 in tech stocks right now. Is this tech stock undervalued? The first tech stock I'd own is RingCentral NYSE:RNG ), valued at a market cap of US$2 billion. Down almost 95% from all-time highs, RingCentral provides software-as-a-service (SaaS) solutions that enable businesses to communicate and collaborate in North America. RingCentral doubled its revenue from US$1.08 billion in 2020 to US$2.1 billi Read more
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