The stock market has just suffered its worst performance in the first half of a year in decades. The decline profoundly affected growth stocks, and some sell at more than a 75% discount from 52-week highs. Such a recovery may indicate it is time to consider growth tech stocks such as Snowflake (NYSE: SNOW), Twilio (NYSE: TWLO), and Spotify Technology (NYSE: SPOT). Read More...
Barrons.com
6 Software Stocks to Buy and 4 to Sell, According to an Analyst
Guggenheim Partners analyst John DiFucci launched coverage of the group late Thursday, with some thoughts on where to place bets in the sector. DiFucci is new to Guggenheim, but a familiar name on the Street—at various times, he’s covered the software sector for Jefferies, J.P Morgan, Oppenheimer, and a couple of place that have since disappeared—Bear Stearns and Donaldson, Lufkin & Jenrette. DiFucci has Buy ratings on Oracle (ORCL), Palo Alto Networks (PANW), CrowdStrike (CRWD), Splunk (SPLK), Zscaler (ZS), and Progress Software (PRGS).
