Coronavirus Starts to Hit Tech Hardware Stocks

With the news that Apple Inc. has cut its revenue guidance due to the coronavirus outbreak, other tech hardware companies will suffer from both its supply chain and from lower demand for hard drives within China. This includes our latest play on Seagate Technology that has suffered unrelenting revenue declines in the past several years.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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