|Bid||332.91 x 900|
|Ask||334.00 x 800|
|Day's Range||327.22 - 333.56|
|52 Week Range||235.74 - 333.56|
|Beta (5Y Monthly)||0.73|
|PE Ratio (TTM)||131.64|
|Earnings Date||Aug. 25, 2021 - Aug. 30, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||333.14|
PacBio's (PACB) latest acquisition is expected to deliver the most advanced blend of sequencing solutions to transform the genomics landscape.
Recessions can be rough for tech companies, which depend on advertising, enterprise spending, and other macro-sensitive trends. Tech stocks that are trading at frothy valuations can also crash. Instead, investors should select tech stocks that are pinned to secular growth trends rather than macro-economic ones.
These stocks don't come cheap, but their growth potential could justify their pricey valuations for shrewd long-term investors.