- A number of tech stocks are looking ahead to a strong earnings season, Barclays writes, with Microsoft (MSFT -0.1%) looking like the "cleanest story."
- The bank's expecting a beat-and-raise from the tech giant, as well as from most of the techs it's highlighting following its recent survey.
- Dynatrace (DT +0.5%) should also see a positive catalyst via beat-and-raise, as should Talend (TLND +1.8%), Barclays says -- and a recent sell-off in cybersecurity and software focuses attention on companies with good execution including Mimecast (MIME +2.9%) and Fortinet (FTNT +0.9%).
- “Markets are nervous about growth, but our VAR survey results were solid and the set- up for most of our companies suggests another round of beat and raise numbers," Barclays says.