Software makers and semiconductors have come under pressure recently as investors question their multiples. But unlike a year ago, new sectors like financials and industrials may be coming into favor.
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No More Growth? Triple Downgrade Rocks Software Space
Software stocks have been growth darlings for years, but doubts are growing on Wall Street. Yesterday three different investment banks made bearish calls on three different companies: Citi downgraded Adobe Systems (ADBE) to "neutral." The analyst thinks recurring...