Now not the time to panic on the tech trade, bargain hunt after selloff: Wedbush
Amid this turmoil, Wedbush analysts urged calm and strategic action, particularly in the tech sector.
According to Wedbush,"This is not the time to panic on the tech trade; it's the time to go bargain hunting for our top tech names after this panic sell-off." The firm says that several factors have converged to create this"perfect storm" risk-off environment, including the Nikkei/Yen carry trade unwind, last week's tech weakness, Warren Buffett's decision to sell 50% of Berkshire Hathaway's , Nvidia, Microsoft , Alphabet, Amazon , ServiceNow (NYSE:Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be...
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tech sell-off to be short lived; this is start of tech bull run: WedbushTech sell-off to be short lived; this is start of tech bull run: Wedbush
Read more »
Wedbush: Big Tech looking for the gold medal this weekWedbush: Big Tech looking for the gold medal this week
Read more »
Wedbush: Microsoft earnings to reveal big cloud, AI momentumWedbush: Microsoft earnings to reveal big cloud, AI momentum
Read more »
Buffett a 'core believer' in AppleBuffett a 'core believer' in Apple - Wedbush
Read more »
Buffett a 'core believer' in AppleBuffett a 'core believer' in Apple - Wedbush
Read more »
Wedbush says Palantir stock could nearly double from here. Here's howWedbush says Palantir stock could nearly double from here. Here's how
Read more »