Cloud Computing and Cyber Security Show Potential as Technology Investment Themes
Equity Research Analyst, Daniel Ives, provided in-depth analysis on potential long-term technology sector themes during an appearance on Cheddar TV. He believes social distancing efforts could benefit the cloud-based computing, and cyber security themes. He stressed how investors should have a playbook for navigating the sector and reiterated his bullish standpoint on Apple.
Retail and Manufacturing Sectors Suffering from Store Closures
Both retail and manufacturing sectors have been impacted by store closures resulting from the COVID-19 outbreak. According to Equity Research Analyst, Chris Svezia, store closures could result in comp declines of up to -20% for retailers in Q1. In a research note featured by The Street, he explains how his estimates and price targets take into account multiple variables such as global containment efforts, liquidity, and buyback suspensions. For more comments from Chris Svezia, view his full appearance.