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LHX - Cloud Names Are Getting Hammered Buy Them Or Look At Other Sectors Yes And Yes
L3Harris Technologies Inc.
Looking Through The Rubble...
The first question is why? Has something changed? Have they stopped growing? I think this is merely a rotation and also many of these names have popped very strongly, recently and quickly. MongoDB (MDB) leaped from $116 to $140 from the end of September, now it's down 11 points to $124. Adobe (ADBE) $266 to $282 to back to $268 from October 2. Okta (OKTA) was $93 on September 30, ran to $120 and is now down 7 to $108. Coupa Software (COUP) down 14 to $140,