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Which Tech Companies Will Thrive, Survive and Suffer in the Pandemic

Manhattan As Cuomo Orders 75% Of New Yorkers To Stay Home From Work
Photographer: Michael Nagle/Bloomberg

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Wall Street analysts are rushing to name companies that could benefit from the Covid-19 outbreak and the resulting economic downturn. Research firm MKM Partners put together a basket of “stay at home” stocks that includes Slack Technologies Inc. (up 13% last week) and the once-wobbly exercise equipment maker Peloton Interactive Inc. (up 17%). Jefferies analysts have blessed companies with “strong balance sheets,” and decreed cash-rich Facebook (down 12%) and Google (down 12%) well-positioned for opportunistic acquisitions and stock buybacks.