ក្រុមហ៊ុន Microsoft និងភាគហ៊ុនកម្មវិធីពីរផ្សេងទៀតសម្រាប់ការធ្លាក់ចុះសក្តានុពល

ទំហំអក្សរ

The possibility of a bad recession is on everyone’s mind.

On Tuesday, Bernstein software analyst Mark Moerdler says investors need to assess which companies are better positioned for such a negative economic scenario.

“We are seeing a significant increase in clients’ inquiries just asking what would happen to software/cloud in a recession,” he wrote. “We believe, that quality is going to shine through, and those businesses with higher exposure to enterprise revenue streams, deep moats around their business, and strong or at least improving margins are likely to fare better.”

The good news is investors can buy in at a discount. Software stocks have tumbled, along with the general market. The

iShares បានពង្រីកផ្នែកបច្ចេកវិទ្យា-កម្មវិធី

(IGV), which tracks the performance of a widely followed software-sector index, has declined 25% this year, compared with the 13% drop for the

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.

Here are the three Outperform-rated software stocks that Moerdler believes are among the best to own.

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ចុះឈ្មោះព្រឹត្តិប័ត្រព័ត៌មាន

ដឹខេមរុនប្រចាំថ្ងៃ

ការធ្វើបទសម្ភាសន៍ពេលព្រឹកអំពីអ្វីដែលអ្នកត្រូវដឹងនៅថ្ងៃខាងមុខរួមទាំងការអត្ថាធិប្បាយផ្តាច់មុខពីអ្នកនិពន្ធរបស់បារុននិង MarketWatch ។

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ក្រុមហ៊ុន Microsoft

(

MSFT

)

“Microsoft has very broad revenue streams and all shapes and sizes of organizations and consumers,” he wrote. “Overall we believe the company holds up well.”

The analyst said the software giant’s cloud-computing unit also has less exposure to smaller vulnerable startups and consumer internet customers than its main competitor. He has a $365 price target on Microsoft stock.

សប្តាហ៍មុនក្រុមហ៊ុន Microsoft slightly lowered its financial guidance for the June quarter due to a negative impact from moves in foreign exchange. In an environment where many other technology companies are citing more-difficult macroeconomic conditions, a small reduction in Microsoft’s forecast could suggest the company’s business is more resilient those of peers.

ក្រុមហ៊ុន Oracle

(

ORCL

)

“Oracle has historically been one of the safest stocks in software,” Moerdler wrote. “For safety with some growth, Oracle is likely the best investment within our software/Cloud in a recession.”

He noted Oracle databases are required to run essential business transactions for large corporations which should prove harder to cut than other discretionary software purchases. He has a $102 price target on Oracle stock.

កម្មវិធី Adob ​​e

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ADBE

)

“While it is true that Adobe’s solutions are used by advertisers, their customers are predominantly large enterprise companies,” Moerdler wrote. “Adobe does not charge for their Experience Cloud based on the volume of advertising, so this business is likely relatively immune other than in a very severe recession.”

The analyst also said Adobe’s creative professional customers rely on the software to generate their income, so aren’t likely to cancel their subscriptions either. He has a $600 price target on Adobe stock.

សរសេរទៅ Tae Kim នៅ [អ៊ីមែលការពារ]