Tickers mentioned: AAPL, AVGO, MSFT, SAP, SNOW
My personal view was that SAS founder Jim Goodnight would sell his Analytics firm to Snowflake (tkr: SNOW), Microsoft (tkr: MSFT) or SAP (tkr: SAP). SAS is known for its employee-friendly culture. Now that the WSJ has reported that Broadcom (tkr: AVGO) is moving to acquire SAS, it is doubtful in my view that SAS’s culture will remain intact under Broadcom and its CEO Hock Tan. My prediction is that many SAS employees – especially on the Data Science side – will jump ship to Apple (tkr: AAPL), when Cook & Company build out their local Cary, NC-area campus.