Zoom Video (ZM), Netflix (NFLX), Apple (AAPL), Alphabet (GOOGL), Abbot Laboratories (ABT), and Biogen (BIIB) are all stocks on Jeff Pierce's radar. He joins Oliver Renick to discuss these stocks. They talk about how Bernstein initiated coverage of ZM with a market perform rating, and how both NFLX and ZM benefitted from the pandemic but have been seeing a drop post-lockdown. They then go over how Wells Fargo cut AAPL's price target and Exane BNP Paribas downgraded GOOGL. They also note how GOOGL is dealing with a stock split, as well as being fined by Russia for not removing restricted content. Next, ABT raised its guidance and has been seeing strength overall despite patent headwinds. Finally, they mention how BIIB stock moves up and down with drug releases but may be seeing difficulty because many generic brands can replicate these drugs. Tune in to find out more.
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