Q: The market is more complicated than ever. Taking into consideration that we have had a big bounce from lows, what sector right now would you say offers the most value, where a year from now we will say, "wow, that was a real buying opportunity?" Any screaming buys? Thank you!
5i Research Answer:
We think software remains pretty interesting right now. While a lot of names have seen a bounce, there are numerous high growth software companies that remain down 20%+ from their highs without a whole lot changing on a fundamental basis. Healthcare is also likely starting to show some opportunities as well with a bit of volatility in the sector as of late.