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
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US:NYSE Investor Relations:
ir.ringcentral.com
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Source: Yahoo! Finance Canada
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
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News
- Winners And Losers Of Q4: RingCentral (NYSE:RNG) Vs The Rest Of The Video Conferencing Stocks [Yahoo! Finance]Yahoo! Finance
- RingCentral, Inc. (NYSE: RNG) had its price target lowered by analysts at Rosenblatt Securities from $40.00 to $28.00. They now have a "buy" rating on the stock.MarketBeat
- RingCentral to Announce First Quarter 2025 Financial Results On May 8, 2025Business Wire
- Zoom continues to impress with the latest round of workplace enhancements [Yahoo! Finance]Yahoo! Finance
- Findem Wins 2025 HR Tech Award for Innovating in Talent AcquisitionPR Web
RNG
Earnings
- 2/20/25 - Beat
RNG
Sec Filings
- 4/3/25 - Form 4
- 3/27/25 - Form 8-K
- 3/4/25 - Form 3
- RNG's page on the SEC website