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3 Tech Stocks JPMorgan is Bullish on for 2022 -Breaking

by Mike Robinson

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© Reuters. JPMorgan’s Bullishness on Tech Stocks in 2022

Technology trends should continue to grow next year, thanks to the continuation of COVID-19’s pandemic. J.P. Morgan remains bullish on the tech stocks Uber (UBER), Spotify(NYSE:), Twitter (NYSE:), because they have strong profitability and a fair valuation. Let’s discuss.With continuing digitization worldwide and advancements in the tech space, experts predict that tech trends will dominate the industry next year. The tech sector should thrive as more companies invest in technology upgrades across all industries.

Doug Anmuth of J.P. Morgan believes that subscription-based and ecommerce are better than online advertising due to the acceleration in growth and “an overall more favorable operating climate.” Also, the analyst prefers companies with “strong profitability & reasonable valuation given the rising interest rate environment.”

Uber Technologies, Inc. (NYSE 🙂 is a company that the investment bank believes in. Spotify Technology S.A., (SPOT), Twitter, Inc., (TWTR). These stocks may be a good addition to your watchlist.

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