For Immediate Release
Chicago, IL – June 11, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Amkor Technology, Inc. AMKR, Acacia Communications, Inc. ACIA, Etsy, Inc. ETSY, NVIDIA Corp. NVDA and Magic Software Enterprises Ltd. MGIC.
Here are highlights from Wednesday’s Analyst Blog:
Missed the Tech Comeback? Buy These 5 Stocks with Big Upside
The tech-laden Nasdaq was down almost 24% on Mar 23 from the beginning of the year when the coronavirus-induced selling peaked. After all, the pandemic weighed on corporate profits, disrupted supply chains and wreaked havoc on the economy.
But since then, the index kept climbing upward as investors bet on tech behemoths to ride out the economic upheaval.
The Nasdaq surpassed the broader S&P 500