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Timjoe
2021-09-14

Like please

Here are two large tech stocks to avoid, according to Goldman Sachs

There’s still some opportunity among large-cap internet stocks, but investors should steer clear of

Here are two large tech stocks to avoid, according to Goldman Sachs

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JeremyKok
·2021-09-15
hi. please like and comment back. thank you.
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Dreamchaser9
·2021-09-14
DoNe
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Memem123
·2021-09-14
PlS like
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Airbnb’s stock is off 2.8% in Monday trading, while Twitter’s is down 3.4%.</p>\n<p>While Sheridan expects that Airbnb will continue to outgrow the broader online travel industry over the next five years, he sees a negative risk-reward balance on the stock.</p>\n<p>Sheridan wrote that investors seem to have high conviction that Airbnb will benefit from a “new normal” for travel given the emergence of more flexible work/life structures, meaning that they would be able to travel more freely and spend more time at their destinations. But he’s “not yet convinced of that outcome having a high probability” and argues that significant investor optimism about this dynamic is already priced into Airbnb’s stock.</p>\n<p>He set a $132 price target on the stock, which changed hands just above $160 as of midday Monday.</p>\n<p>Sheridan also worries about the risk/reward trade-off on Twitter, writing that he thinks the advertising recovery is priced into the shares.</p>\n<p>Another key issue for Twitter is whether the company can successfully use new features like audio rooms, newsletters, and tip jars to boost engagement and monetization. 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Airbnb’s stock is off 2.8% in Monday trading, while Twitter’s is down 3.4%.\nWhile Sheridan expects that Airbnb will continue to outgrow the broader online travel industry over the next five years, he sees a negative risk-reward balance on the stock.\nSheridan wrote that investors seem to have high conviction that Airbnb will benefit from a “new normal” for travel given the emergence of more flexible work/life structures, meaning that they would be able to travel more freely and spend more time at their destinations. 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