The Best Tech Stocks To Snag During A Dip -- Seeki
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Posted On: 03/30/2021 4:33:46 PM
The Best Tech Stocks To Snag During A Dip -- Seeking Alpha
Summary
High Growth tech names have depreciated sharply since the start of the sector rotation in mid-February.
Most names have lost more than 20% as investors have fled the space-supposedly fearful of rising interest rates brought on by expectations of higher inflation.
The flip side of this is that companies in the space have seen a noticeable increase in percentage growth that shows no signs of abating.
The concept and implementation of digital transformation is a powerful and long-lived tailwind behind the rapid growth of leading IT companies.
The combined result of lower share prices and faster percentage growth in both revenues and free cash flow margins has yielded the lowest valuation seen in more than a year-and probably in the last 18 months.
https://seekingalpha.com/article/4416570-best...king_alpha
Summary
High Growth tech names have depreciated sharply since the start of the sector rotation in mid-February.
Most names have lost more than 20% as investors have fled the space-supposedly fearful of rising interest rates brought on by expectations of higher inflation.
The flip side of this is that companies in the space have seen a noticeable increase in percentage growth that shows no signs of abating.
The concept and implementation of digital transformation is a powerful and long-lived tailwind behind the rapid growth of leading IT companies.
The combined result of lower share prices and faster percentage growth in both revenues and free cash flow margins has yielded the lowest valuation seen in more than a year-and probably in the last 18 months.
https://seekingalpha.com/article/4416570-best...king_alpha
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