Wedbush analyst Dan Ives, who covers a wide range of tech names, recently tried to calm any investors who have been rattled by the seemingly endless stock-market freefall.

He offered some practical suggestions on stocks to buy while everything is on sale amid the chaos and financial rubble.

“Across the tech space the red screens are front and center for investors as the panic, fear, and worries about a coronavirus-driven economic downturn continue to pressure stocks across the board,” he wrote, according to Barron’s.

“Our investing philosophy in times of crisis is to do a bottoms up analysis and stress test the models of our top tech names/themes vs. a sensitivity in valuations. If stocks stick out with a green light based on this exercise and framework, we hand hold investors to buy these dips through this volatility, own the names for the other side of this panic, and see the forest through the trees on the fundamental drivers for the next decade in tech,” he said,

Ives thinks that a “surge of strategic and financial buyer driven M&A could be on the horizon over the coming months as valuations start to reach levels which can ignite a long-overdue deal frenzy that could start to put a floor on the software sector as well.”

 “However, looking past the fear and panic (and a potential short-lived economic dent/softness), we believe these high-priority areas of spending and business models have attractive risk/rewards looking ahead and we would be buying these tech names at current levels.”

His picks:

Cloud computing:

• Microsoft (MSFT),
• DocuSign (DOCU),
• NICE (NICE),
• J2 Global (JCOM)
• Nuance Communications (NUAN)

Cybersecurity:

• Zscale r (ZS),
• Varonis Systems (VRNS),
• SailPoint Technologies (SAIL), 
• CyberArk Software (CYBR),
• Tenable Holdings (TENB)

5G:

• Apple (AAPL)

To be sure, others think the time is right to dive back into the market and scoop up some bargains.

Treasury Secretary Mnuchin predicted that the current market sell-off will be a great buying opportunity for savvy investors because he doesn’t expect the seemingly endless daily stock plunges to continue.

“I look back at people who bought stocks after the crash in 1987, people who bought stocks after the financial crisis. For long-term investors, this will be a great investment opportunity,” he told CNBC.

“This is a short-term issue. It may be a couple of months but we’re going to get through this and the economy will be stronger than ever,” he said.