Updated: Aug 31, 2022
Interesting day on the Wall Street today. Bank of America reported good earnings and more importantly gave a +ve view of the economy. Add to that the comments from Fed's Bullard who seemed to have indicated that markets have already priced in the impending Fed tightening. That gives me some optimism to consider companies based on their respective quarterly performance and forecast. For e.g. I wouldn't mind holding BAC given what they reported today. I also kept automotive and high-performance computing related companies in my closely watched list based on what TSMC reported. That said, let's discuss a different type of tech company since it showed up in the discounted zone.