In a program on Fox Business, Eagle Bay Capital founder J.C. Parets and Belus Capital Advisors CEO Brian Sozzi discussed the market trends in the US. Experts said that almost all the technology companies including Facebook, Twitter and Google were slammed in the quarter. Sozzi talked about the reasons behind the market plunge and said that the markets are coming back to reality. The companies re-adjusting to a new reality and that is the need for talent. He thinks that competition for good talent is heating up and all the executives of famous companies are learning this fact that without good costs and talent, they cannot achieve long term milestones. Experts said that Tiffany & Co. (NYSE:TIF) and GoPro Inc (NASDAQ:GPRO) are impressive stocks.
Parets said that US still remains the best place for business and monetization as there is a general trend of plunge all around the world. He said that markets around the world are going down. Sozzi said that Tiffany & Co. (NYSE:TIF) stock is really impressive. It has rigorously increased its prices. The company has a 52-week high of $105.66. Tiffany & Co. (NYSE:TIF) is not lowering down its prices till now whereas the prices of Silver and Gold are facing a massive decline around the world. Tiffany & Co. (NYSE:TIF) has got a Buy rating from most of the analysts in the market.
Experts also talked about GoPro Inc (NASDAQ:GPRO), the action camera maker. It has crossed all the expectations. The host of the program said that many people are now saying that wearing a GoPro Inc (NASDAQ:GPRO) while doing a stunt or adventure can be dangerous because the attention of the person is diverted towards the camera instead of what he is actually doing. Sozzi said that GoPro Inc (NASDAQ:GPRO) is going undervalued.
Ken Griffin‘s Citadel Investment Group hold 581,826 shares of Tiffany & Co. (NYSE:TIF).