1 Tech Stock to Avoid and 1 to Buy Today
The tech sector is a volatile place, but investors who pick the right stocks can sometimes benefit from outsized returns. Of course, this also means that some stocks plummet. While this can happen in any sector, tech often sees the most volatility. Case in point: Salesforce (NYSE: CRM) and Qualcomm (NASDAQ: QCOM). In the past twelve months, both stocks have seen big moves, but in opposite directions: Salesforce has shot up about 34% while Qualcomm has declined 18%.
These two stocks serve as good examples of two bets for investors that could move in opposite directions. Find out why investors should avoid Qualcomm and buy Salesforce.
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Source: Fool.com
Salesforce.com Stock
€238.80
-0.080%
The stock is one of the favorites of our community with 79 Buy predictions and 1 Sell predictions.
As a result the target price of 275 € shows a slightly positive potential of 15.16% compared to the current price of 238.8 € for Salesforce.com.
