If anyone thought last week’s three days of positive trading indicated a trend reversal, or even more implausibly, an end to the recently launched bear market, they were rudely awakened on Friday. Markets tumbled as the US overtook previous pandemic hotspots China and Italy with the unwanted statistic of having the highest number of coronavirus infections on record. It appears, then, that the new bear market will be around for a while, along with the accompanying bouts of volatility. How long will it last? Impossible to tell, but the new reality means estimates and forecasts have been getting readjusted all over the Street, and investment firm Goldman Sachs has joined the fray. With COVID-19 restructuring the market, 5-star analyst from the firm, Heather Bellini, has been analyzing the tech names under the firm’s coverage and has reached new conclusions for a number of them. We ran three through TipRanks’ database to determine the rest of the Street’s sentiment. We found out that despite some reservations at Goldman Sachs towards one specific company, all are Buy-rated, with potential for at least 40% upside in the year ahead. Here are the details. Workday Inc (WDAY) Let’s start off with...
The following is a story that walks you through my experience, the shift in my mindset and how I came to the conclusion that the three charts I share in this article are critical to your understanding of to make money in today’s market!...
As coronavirus continues to spread with nearly 680,000 confirmed cases worldwide as of Saturday morning, telemedicine is seeing an unprecedented demand....
