Julie Bhusal Sharma and Dan Romanoff talk the rebounding technology sector, including cloud stocks. Sharma notes how the sector rebound provides an opportunity for investors to sell some overvalued stocks. She recommends to sell Oracle (ORCL) and sees opportunity in the ADR SAP SE (SAP). Romanoff says cloud stocks are attractive now due to their strong balance sheets, significant cash balance and minimal debt levels. Due to increasing volatility lately, he prefers the high quality names: MSFT, NOW, CRM and AMZN.
07 Dec 2021