Guggenheim identifies best IT Services stocks for 2024 amid low demand due to macroeconomic uncertainty.
Guggenheim identifies best IT Services stocks for 2024 despite low demand due to macroeconomic uncertainty. Analysts attribute soft demand to deprioritized discretionary spending and reduced budget priorities for transformation-oriented agendas. Despite near-term challenges, Guggenheim remains constructive on medium-term opportunities, expecting cyclical headwinds to clear and AI-driven tech to open up new avenues.
March 24, 2024
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