Investors bear been trying to navigate the week’s volatile trading with savvy inventory picks, and Barclays believes it’s isolated key tech names for traders to watch over.
Barclays advised clients to choose certain “storm riders,” usuals that have a history of bouncing back quickly after a market remedy.
And with the Dow Jones industrial average and the S&P 500 both down diverse than 6 percent over the past week, some Wall Drive insights may be a welcome relief for battered brokers looking for a way to shake off the dwindle.
“Our analysis indicates that information technology hardware and data networking genealogies typically provide less downside protection than the broader shop during a correction. However, both segments have historically catching more upside in the three months following the bottom of a correction than the peddle,” wrote Mark Moskowitz on Thursday.