Cloudy Economic Situation Won’t Hold Back Cloud Computing Companies
Several of our portfolio picks have reported earnings over the last few days. Unfortunately, the weakening global economy is holding back earnings for many technology companies. I remain confident that the long-term tech trends our companies drive will help them weather the current environment.
It also appears that share price moves after earnings announcements are being driven less on earnings themselves than on beating expectations and guidance. You can almost hear a collective sigh of relief when a tech company meets or beats.
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Technology Profits Confidential
With new technologies in mobile computing, biotechnology and 3-D printing, it’s nearly impossible to keep up with the throngs of new innovation and still be able to forecast which companies are set to profit. Technology Profits Confidential is your one-stop shop for the companies of tomorrow’s technology… and how you can profit from them.