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Moody’s Investor Services (MCO) on Wednesday issued a cautious “stable” outlook for information technology stocks in general, but said it looked for “robust” growth for software and cloud migration in 2016. “Corporate demand will be cautious but resilient as companies continue to invest in building out new IT capabilities in storage, server virtualization and networking,” Moody’s said in its Diversified Information Technology 2016 Outlook report. Scalper1 News
Scalper1 News