Service Now is highlighted for its increasing operating cash flows, which makes the company more attractive as its stock price falls.
Source Post
Hightower CIO: "The Tech "Crash" Is A Gift For Clients With No Exposure" (3 Tech Stocks To Buy)
The creator discusses a CNBC interview with Richard Saperstein, CIO of High Tower Treasury Partners, who sees the tech pullback as an opportunity for long-term investors. The video then analyzes three tech stocks to buy: Intel (INTC), Uber (UBER), and Amazon (AMZN), highlighting their long-term potential despite current market skepticism.
Linked Mentions
Tickers discussed in this post
Salesforce (CRM) is mentioned as a company with increasing operating cash flows, making it more attractive as its stock price declines.
Uber is a compelling long-term investment as a global logistics and mobility platform that has proven it can generate positive free cash flow while optimizing its operations and diversifying into delivery.
Intel is a multi-year strategic investment opportunity due to its critical role in semiconductor manufacturing, aggressive rebuilding of domestic capacity, and low market expectations.
The iShares Expanded Tech Sector ETF (IGV) is recommended as a way to gain broad exposure to software companies, especially when individual stock picking is deemed too risky.
Microsoft, a hyperscaler, is mentioned as a company with increasing cash flows and a long-term opportunity, despite recent stock weakness.
Amazon is a long-term strategic investment due to its dominant e-commerce, logistics, and AWS cloud infrastructure, with improving profitability.
Meta is identified as a hyperscaler whose increasing cash flows present a long-term investment opportunity amidst current market conditions.