- Stifel analyst Matthew Sheerin said demand signals in the technology supply chain "remain quite strong for 2022."
- However, Sheerin expects ongoing supply shortages to persist through the first half.
- Meanwhile, he sees this setting the stage for a solid second half in the space.
- In terms of his top picks for 2022 in the space, Sheerin names Hewlett Packard Enterprise Co HPE, Pure Storage Inc PSTG among hardware OEMs.
- Sheerin picked Insight Enterprises Inc NSIT in tech distribution.
- In electric components, Sheerin named Sensata Technologies Holding PLC ST and Vishay Intertechnology Inc VSH as top picks.
- Sheerin has a Buy on all five of his top picks.
- Price Action: PSTG shares traded lower by 0.09% at $32.60 in the premarket session on the last check Friday.
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HPEHewlett Packard Enterprise Co
$16.852.68%
Edge Rankings
Momentum
37.19
Growth
69.14
Quality
65.01
Value
77.38
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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