Why Atlassian (TEAM) is a Strong Contender for Portfolio Pick
Atlassian (TEAM) Zacks Investment Research·2024-01-09 01:47
Atlassian (TEAM) is a stock that investors should consider adding to their portfolio to benefit from its upside potential.Tech stocks made a remarkable run in 2023 after a massive sell-off in 2022 on recession concerns, inflationary pressure, increased oil prices and higher interest rates. Atlassian was one of the beneficiaries of last year’s tech rally, which soared 84.8% in 2023, outperforming the Zacks Computer and Technology sector’s rise of 53.8%.The stock also outpaced the return of major stock market ...