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Breaking Analysis: The Case for Buy the Dip on Coupa, Snowflake & Zscaler
September 13, 2021
Buy the dip has been an effective strategy since the market bottomed in early March last year. The approach has been especially successful in tech and even more so for those tech names that: 1) were well-positioned for the forced march to digital - i.e. remote work, online commerce, data-centric platforms and certain cybersecurity plays and 2) already had the cloud figured out. The question on investors' minds is where to go from here. Should you avoid some of the high flyers that are richly valued with eye-popping multiples? Or should you continue to buy the...Read more