BANK OF AMERICA: These are the 10 software stocks to buy in 2020 and the trends that will help them rule the market's biggest sector
Bank of America research analyst Kash Rangan says it's time to be more careful about what you buy in one of the highest-flying industries of the day. He's taking a "Market weight" stance on software, saying that while business conditions are strong, investors are likely to find reasons to look at other sectors and away from companies considered momentum stocks.
"We are increasingly selective on the sector given macro economists are calling for a late stage economic cycle with a tilt towards value, and concerns about a tech/trade war," he wrote in a note to clients. "We identify companies that own their franchises and are dominant in their end markets." Another potential source of turbulence is this: He also expects elevated IPO and M&A activity next year, something that would jolt stocks that might be acquired but lead to penalties on acquirers, a trend that played out in 2018 and 2019.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Bank of England steps up monitoring of Lloyd's whistleblowing systemsThe Bank of England has stepped up its monitoring of Lloyd's of London&039...
続きを読む »
Thai central bank has not closed door to further easing: governorThailand's central bank has not shut the door to further monetary policy ea...
続きを読む »
Deutsche Bank to no longer pay for advice from Cerberus: sourceCerberus, one of Deutsche Bank's largest shareholders, will no longer provi...
続きを読む »
Banksy's 'Scar of Bethlehem' nativity unveiled in West Bank hotelThe mysterious street artist displayed a politically-charged nativity scene in at his Walled Off Hotel in Bethlehem, the town revered as Jesus' birthplace, just in time for the busy Christmas season.
続きを読む »
Bank of Italy ready to account for Popolare di Bari supervision: Visco to pressBank of Italy has 'positively' accomplished its supervision duties and...
続きを読む »
Banksy's 'Scar of Bethlehem' nativity unveiled in West Bank hotelBritish street artist Banksy has brought a somber Christmas spirit to a hotel he...
続きを読む »