User comment: Some of our Saas stocks are taking a hit today, is there anything in particular that looks attractive right now?
Victor: Many of them are opportunities. WFH stocks are getting hit with the Pfizer vaccine announcement that seems to be 90% effective. They’ve already recovered some this morning, but I think with ZM earnings coming up that may be an opportunity. NET, CRWD and DDOG were all way down early and have bounced back since opening down. Not what I anticipated…thought everything would be up this morning in the election resolution. 🧐
Ouch! 🤕. Rough sector rotation. Any vaccine will take 6-9 months to manufacture and distribute. Airlines and cruise ships are up 30%? My prediction is: This rotation is short lived. Bought more ZM, CRWD and DOCU today at the end of the day. Still….ouch! But Have to be able to take the down days to have the up days! Cheers!
