These are the best high-yielding tech stocks: Wolfe Research strategist
Description
CNBC's Kelly Evans is joined by Steve Milunovich, technology strategist at Wolfe Research, to discuss what technology stocks he says are good buys in this market.
Technology stocks have been battered along with the rest of the market, but Evercore ISI thinks that there are a few names investors can turn to as the coronavirus crisis continues.
Cashrich tech stocks are some of the “best positioned to weather the storm,” Evercore ISI analyst Amit Daryanani said in a note on Sunday. The firm looked through stocks in the sector and each of the ,companies’ overall cash positions, debt levels and free cash flow margins.
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