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. and Pure Storage Inc. among hardware OEMs.
Sheerin picked Insight Enterprises Inc. in tech distribution.
In electric components, Sheerin named Sensata Technologies Holding PLC and Vishay Intertechnology Inc. as top picks.
Sheerin has a Buy on all five of his top picks.
By Anusuya Lahiri
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