Alright I'm going to teach you all how to fish n a bad market.--
1st-- Choose a stk that has an news flow positive (you hope) day a few days away. That should hold your stk in place as the market falls, building relative strength.
2- Choose a stk that has sold off but that has alot of positive vibes. Be in a sector that may be retreating but in the big picture isn't going anywhere. Try to NOT rely on any type of Chip as the Chip shortage is the real reason we are pulling back not the 10 year yield.
3- Ok the vibes part: The Sector Part:
SailPoint price target raised to $70 from $53 at Canaccord 02/16 SAIL Canaccord Genuity analyst T. Michael Walkley raised the firm's price target on SailPoint Technologies to $70 from $53 and reiterates a Buy rating on the shares. The analyst believes SailPoint is the leader in identity governance and administration and is well positioned for "strong long-term growth trends." With COVID-19 continuing to impact the way we work, learn, and interact, SailPoint is a prime beneficiary of digital transformation, Walkley tells investors in a research note. He believes the company has a "long runway for sustained growth."
>> SailPoint price target raised to $68 from $55 at RBC Capital 01/27 SAIL RBC Capital analyst Matthew Hedberg raised the firm's price target on SailPoint to $68 from $55 and keeps an Outperform rating on the shares. The company should see Q4 earnings upside given the "strong SaaS traction", the analyst tells investors in a research note, citing his "positive" partner checks. Hedberg maintains his view of SailPoint as one of his "favorite SMID-cap ideas", with the next catalyst after the earnings likely coming from its February 26th analyst day.
>> SailPoint price target raised to $65 from $55 at Truist 01/27 SAIL Truist analyst Joel Fishbein raised the firm's price target on SailPoint to $65 from $55 and keeps a Buy rating on the shares as part of his broader research note on Security Software. The company is benefitting from the high priority of the Identity management and compliance market as they continue to displace legacy solutions, the analyst tells investors in a research note.
Ok so we have A) Earnings in a few days and then the always helpful analyst day---
Ladies & Gentleman Come SAIL away with me!!!! ~