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Benzinga
Benzinga
Business
Anusuya Lahiri

Stifel's List Of Top Tech Supply Chain Picks For 2022

  • 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 (NYSE:HPE), Pure Storage Inc (NYSE:PSTG) among hardware OEMs.
  • Sheerin picked Insight Enterprises Inc (NASDAQ:NSIT) in tech distribution.
  • In electric components, Sheerin named Sensata Technologies Holding PLC (NYSE:ST) and Vishay Intertechnology Inc (NYSE: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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