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First Republic Bank rose after reports authorities are working to secure further assistance for the lender, and there was mixed stock reaction at tech companies including Amazon, Intel, and Snap following their updates.
You can never have enough predictions. That seems to be the view of Jefferies analyst Brent Thill. As noted in a previous article, Thill on Monday issued a list of his top internet stock picks—and some forecasts for 2021. In a separate mammoth research note—this time close to 200 pages—Thill provides an outlook on the other half of his coverage universe, enterprise application, infrastructure and security stocks. That group had a spectacular year in 2020, generating returns that will be tough to match in 2021. Thill notes that as a group software outperformed the S&P 500 by 36 p...