If Silicon Valley's swagger is an economic indicator then things are starting to look up. "The IPO window has reopened with a basket of high growth tech companies recently having successful IPOs and, more importantly, trading well in the public equity markets," said David Lyon, managing director at JP Morgan Private Bank (JPM) . Meanwhile, Lyon said all those so-called unicorns, startup companies valued at more than $1 billion, are focusing on "getting to profitability" as opposed to the growth at any cost model of a couple of years ago. As for the new new thing in the Bay Area, Lyon said most of the buzz at cocktail parties and coffee shops is about mobile phone security, artificial intelligence and robotics.
More from Video
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.