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Sales are golden opportunities for certain stocks – who they are

With Friday’s market sell-off amid COVID fears, Wall St analysts say the correction is a great opportunity to pick technology winners. A new version of COVID, known as B.1.1.529, discovered in South Africa has fueled concerns about a slowdown in global economic recovery. Not enough is known yet to draw a conclusion, but research to date indicates a high number of mutations in the virus, which makes its spread very easy and calls into question the effect of vaccines. But for Wedbush analyst Dan Ives, Friday’s sell-off is a green light to add to stocks in technology stocks that will benefit from long-term trends. “Days of big sales like today create a golden opportunity to have our favorite technology names…

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 Trader Aleksandar Kumanov

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