In the software space we have SaaS and cloud there’s a lot of things going on that create very large runways for tech.
Steve Milunovich told CNBC that he likes Facebook (FB) on weakness, “As much as Facebook is attacked for a variety of things these days, they have a lot of optionality with going into augmented reality with Optimus, getting into digital currency, and so forth. Facebook is a stock I’d still be very interested in. In general, the MAGA (Microsoft, Amazon, Google, and Apple) names are the ones I’d want to be buying on weakness.”
Steve Milunovich, Wolfe Research Technology Strategist, on where the tech sector is headed. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.