Is it too late to buy technology shares?

Is it too late to buy technology shares? This is the question investors face when entering the quarter earnings season. The Nasdaq-100 index has increased by 23% since Wednesday's closing; and perhaps with 50%, 100% or more stocks; it is crushing the wider market (S&P 500 until Wednesday; slightly below 1% for the year.) Noteworthy performance in the face of a global epidemic; deep stagnation, unemployment and broad social unrest. Some investors are wondering if this can continue. A common transition from home to study and learning is also the closure of many DIY stores and retail stores of similar size; it has accelerated the adoption of both cloud-based transactions and online shopping, which is of course to the benefit of giants that show up in this industry (such as Microsoft, Amazon); but this major change disturbs some investors. Wedbush analyst Daniel Ives claims that his technical evaluations continue to rise significantly this morning. “We believe that technology stocks can still rise 20% to 30%; but fear of the Second wave will lead to unstable conditions in the medium term; in the coming months; especially this period of earnings will remain firmly connected to technology for the rest of the year; We say cybersecurity and cloud technologies are central and targeted. '' Ives said, "The closing of the work shifts that is; the closure of this period means that we will hear the growth stories of cloud technologies; cybersecurity technologies and FAANG names for up to 12-18 months." ; Amazon and the Alphabet (GOOGL); Cybersecurity names such as Zscaler (ZS), Palo Alto Networks (PANW) and Fortinet (FTNT); `` Zoom Video Communications (ZM), DocuSign (DOCU), Citrix Systems (CTXS) and Slack Technologies (WORK). He said he would lead their stories ''. Ives proposes to focus on the two biggest tech giants: Apple (AAPL) and Microsoft. "Consumers will begin to increase as the quarantine period relaxes in the second half ;" notes Apple's best 5G and consumer technology recovery move in the second half. You might also be in interested:

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