Jan. 10 at 6:43 PM
$NET “So Jonathan Golub, chief equity strategist at Seaport Research Partners, put together a list of potential picks from those dynamics: tech stocks that have had “unjustified” drops. He identifies companies whose stocks have declined even as analysts have lifted their forecasts of earnings for the next 12 months. The idea is that while valuations for those stocks are now less demanding, the outlook for profits is improving, setting the stage for gains if earnings rise.
Some names on the list were Nvidia, Broadcom, Cadence Design Systems, Dell Technologies, Oracle, Microsoft, Palantir Technologies, Docusign, Dropbox, Cloudflare, Fortinet, Autodesk, and Match Group.”
