Riding the Tech Rollercoaster
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Technology is in a time of turbulence. Not only are IT budgets unstable, but with mobile driving trends like BYOD, or "bring your own device," to increasing importance and software increasingly doing the job hardware used to, it's hard to say whether today's leaders will survive the changes of the next decade.
In the following video, Senior Technology Analyst Eric Bleeker discusses the increasing volatility in the enterprise space. With many companies well off 52-week highs, their price movements are increasingly driven by erratic macro news. Just look to Thursday of this week, when surging markets sent VMware, F5, Cisco, and EMC all up more than 4% in a day.
In the end, Eric says the simplest advice is the best, if you really believe in any enterprise plays in the space, don't be alarmed by the volatility present in today markets. Instead, investors should on the lookout to buy on any outsized dips instead of panicking. To see his full thoughts, watch the video.
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The article Riding the Tech Rollercoaster originally appeared on Fool.com.Eric Bleeker owns shares of Cisco Systems and EMC. The Motley Fool owns shares of EMC, Apple, F5 Networks, and VMware. Motley Fool newsletter services recommend F5 Networks, Apple, and VMware. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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