(Bloomberg) Norway’s sovereign wealth fund, the world’s biggest owner of stocks, says the market selloff triggered by a more hawkish Federal Reserve won’t change the role ESG plays in its allocations.
Six remote-work stocks that still have room to grow Stephen Donovan, MBA Published April 6, 2021
What are we looking for?
Software-as-a-service (SaaS) companies with bullish analyst sentiment. These businesses sell software on a subscription basis, instead of a once-off charge, making them attractive to investors because their forward-looking revenue is easier to forecast. SaaS companies form part of the S&P 500 Information Technology Sector Index.
The screen
Since bottoming on March 23, 2020, the S&P 500 IT Sector Index has nearly doubled, rising by nearly 96 per cent, and outperforming the S&P 500 by 13 percentage points during this period. With many employees working from home over the past year, many organizations have shifted how they deploy talent, and what tools they can equip their employees with to make them more productive while working remotely. As a result, several SaaS companies have seen their valuations skyrocket as their services become more widely adopted. T
March 9, 2021
“This Time is Different” is an infamous phrase in finance that has historically led to some spectacular results, both positively and negatively. Over the past ten years in the United States, the information technology sector (“TECH”) of the equity market has outperformed all other equity market sectors by a significant margin
[1].
For some investors, the valuation of the TECH sector today is reminiscent of the TECH sector of the late 1990s and are worried about history repeating itself. In contrast, other investors highlight that the TECH sector is more mature, with higher margins and more stability. In our opinion, today’s situation has aspects similar to the early 2000s, but today’s situation is different.
Reddit mania overshadows outstanding earnings season for tech
Jeran Wittenstein and Elena Popina, Bloomberg News
Reddit driven investing pushing democratization of financial structure: Michael Bucella VIDEO SIGN OUT
(Bloomberg) Anyone distracted by the Reddit-fueled circus in stocks this month may have missed an important fundamental story: A stellar earnings season for technology companies that helped the groupâs shares outperform the market once again.
With more than half of S&P 500 earnings reports in the books, tech companies like Skyworks Solutions Inc. and Paypal Holdings Inc. are leading all of the other main sectors in the benchmark index with more than 95 per cent beating profit estimates, according to data compiled by Bloomberg. As for revenue, 88 per cent have topped estimates.