ZBRA, TMO: Came Into 2Q With Lots Of Optimism & A Bullish Outlook

We came into 2Q up almost 20%, lots of optimism and bullish outlook, especially in tech, notes Brian Jankowski. He discusses takeaways from the July FOMC minutes. He talks about how positives were already priced in and companies that beat were not rewarded like they were historically, and companies that missed got beat up bad. He notes that if the trough was only -5%, that's pretty good and easy digest. He goes over his stocks to watch including Zebra Technologies (ZBRA) and Thermo Fisher (TMO). ZBRA is a leader in enterprise asset intelligence, has exposure to fast growing e-commerce, and improved its efficiency of logistics chains. Its rebound in sales in the next few quarters, coupled with management focus on improving margins should translate into a healthy cash flow machine. Almost 75% of TMO's sales are generated from recurring sources and significant portion of revenue "captive." They are a large beneficiary from Covid, obviously these revenue sources are rolling off. Tune in to