|Bid||121.72 x 800|
|Ask||121.75 x 800|
|Day's Range||120.82 - 122.34|
|52 Week Range||88.68 - 138.69|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.56 (1.24%)|
|1y Target Est||N/A|
Earlier this month, Coin Rivet reported that more and more Canadian banks are choosing the SecureKey blockchain system. Through a consent-driven digital identity network called Verified.Me, users gain additional control over their personal information. Now, the country’s leading provider of compliance and identity solutions – Equifax Canada – will be joining them as well. Equifax Canada is joining the Verified.Me network As a secure way of verifying user identity to access banking services quickly, Verified.Me launched this May with the support of seven of Canada’s top banks. These include the Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD), and Scotiabank. This kind of initiative already goes to show just how much backing blockchain technology has north of the border. However, The post Equifax joins Canadian banks in using the SecureKey blockchain system appeared first on Coin Rivet.
Moody's said it's downgrading the outlook for Equifax from stable to negative, citing ongoing fallout from the company's 2018 data breach.
Big things are coming with the upgrade to lightning-fast 5G -- and it's all happening fast! Huge advances in fields like artificial intelligence (AI) will revolutionize everything -- from healthcare to productivity to transportation. But remember…all of this takes place on the internet. So, there is a bit of a cybersecurity risk. We're seeing that now within the U.S.-China trade war.Things are really heating up in regards to China's 5G company, Huawei Technologies, last week. The Trump administration claims that Huawei's technology enables the Chinese government to spy on the U.S. And the Justice Department has filed a suit against Huawei over 5G patents and using 5G technology to spy on the U.S. Other countries like Poland and the U.K. have also asserted that Huawei has a "back door" that allows the company to spy on its customers.So in addition to investing in the best 5G company, it's just as important to make sure you're investing in the top cybersecurity stocks, too.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Safe Stocks to Buy for Anxious Investors Why Cybersecurity Spending is Virtually Guaranteed to SoarMore folks are online than ever. Reports from We Are Social and Hootsuite found that, as of 2018, over half the world's population is now online. Nearly a quarter of a billion new users came online for the first time in 2017. That's a lot of people, and a huge -- and growing -- market!These newcomers are joining the rest of us who can take care of shopping, banking, research, even dinner online -- no need to leave the house.And in this digital world, battles are waged online as well.Instead of tanks, missiles and foot soldiers, hackers are becoming the primary instruments of war. They are out there every day -- stealing billions of dollars, threatening to shut down key information systems, like electrical grids, and steal secrets from governments and businesses alike.If cybersecurity has ever been an afterthought to you…you're not alone. Target (NYSE:TGT), Facebook (NASDAQ:FB) and Equifax (NYSE:EFX) all found themselves vulnerable to major breaches when hackers struck. Governments large and small have all been caught flat-footed. But no longer.The FBI now has its own cyber division. And the Trump administration, in its 2020 budget, requested about $11 billion for cybersecurity.Globally, Gartner forecasts security spending to be more than $124 billion just this year. That number is set to double to $248 billion by 2023. And after that, I see it going to $1 trillion. The One AI Company Set to Corner the Booming Cybersecurity IndustryMy favorite among cybersecurity stocks is a company that's not only making the world safe for online advances like artificial intelligence……it is using artificial intelligence to do it!This company has developed a cunning detection system that can analyze past criminal behavior and predict the next attack, using pattern recognition and machine learning -- in a word, AI.Founded in the early 2000s, right at the dawn of the "Internet Age," it's become a leader in the field of cybersecurity. Its clients include Sprint, Leidos, and even the Steelers and Boston Red Sox. And its revenues have surged from just $2 million in 2002 to $1.8 billion today.With its cutting-edge AI system, I believe this company is going to be grabbing a large slice of this potential $1 trillion market.And looking at its stock -- the share price is up 37% in the last year, versus just 4% for the entire S&P 500.So how do we know it's a strong buy now? Because of its "A" rating in my Portfolio Grader.The company not only has strong earnings growth -- it gets my top rating for its Quantitative Grade as well. Meaning the stock is enjoying enough buying pressureto deliver further profits to its investors in the future.So, without further ado, click here for my free briefing on the "mother of all technologies." When you do, you'll get the chance to hear my 1 pick of cybersecurity stocks for the A.I. revolution. You'll also get my special report, The One AI Company Set to Corner the Booming Cybersecurity Industry, absolutely free.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post Cybersecurity Stocks: Why the Market is Virtually Guaranteed to Soar appeared first on InvestorPlace.
Moody's Investors Service ("Moody's") affirmed Equifax Inc.'s ("Equifax") senior unsecured rating at Baa1 and short term rating at Prime-2. Moody's current view incorporates incremental debt associated with the announced potential global litigation and regulatory investigation settlement, expected minimal revenue and margin growth in Equifax's core business through 2019 and higher than expected information technology costs stemming from the breach. Moody's view for free cash flow has also been revised to less than 5% of debt over the next 12-18 months from its prior expectation of around 13% by year-end 2019.
I've had my doubts about cloud-communications firm Twilio (NYSE:TWLO) and quite frankly, I've been wrong. You only need to look at the TWLO stock price to recognize this. Year-to-date, shares are up nearly 55%. That follows an incredible 270% run in 2018 that made almost everything else look pedestrian.Source: Web Summit Via FlickrThanks to its $2 billion acquisition of email-service provider SendGrid, Twilio not only doubled its consumer base, it's also a significant player in the anti-phishing market. This buyout, though costly, makes Twilio stock an exceptionally relevant name. We all hate phishing scams because they wreak so much damage in a short time frame.It's not just at the personal level, either. Phishing attacks significantly hurt businesses. According to one estimate, the average cost of this digital violation is $1.6 million for mid-sized firms. Even more problematic, smaller business that fall victim may not have the resources required to recover. If Twilio can provide a cost-effective solution, their efforts can potentially spike the TWLO stock price.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEarly indicators appear promising. The company is incorporating artificial intelligence to weed out phishing attacks before they reach your inbox. To accomplish this on a wider scale, software engineers are scouring through multiple data points; 50 billion emails each month, to be exact. * 10 Retirement Stocks That Won't Wilt in a Bear Market With such a large base, the platform's AI can learn to recognize phishing emails' recurring patterns. When it finds suspect patterns, it can "zap" those problem emails. Because of the aforementioned data base, Twilio's AI is incredibly accurate. According to management, the platform lets in legitimate emails 99.7% of the time, or nearly perfect.The business implications are obvious, but will it decisively help Twilio stock? I'm not so sure. Venture Will Have Limited Impact on TWLO StockYou might like Twilio for many other reasons beside its anti-phishing efforts. Good. One thing we might agree on is that this venture brings only a limited benefit to the TWLO stock price. Let me explain why.In life and in business, the risk-reward ratio typically has a direct correlation: risk big, get big. This concept cuts across all industries. It's the reason why penny stocks are so cheap.But anti-phishing efforts represent that rare segment where the risk-reward ratio is inversely correlated. In other words, risk big, get small. This dynamic alone is enough for me to worry about too much exposure to Twilio stock.What's the common stereotype of the modern digital con artist? A Russian teenager who uses his uncanny computer skills to wreak havoc half-a-world away. I think there's a lot of truth behind this characterization. The main point here is not about Russians, but about asymmetry: an individual scammer can bring down institutions and even nations.To combat such a pernicious threat, Twilio needs to do much more research than they're doing now. But hold the phone … doesn't the company process 50 billion emails monthly?Unfortunately for TWLO stock, it's simply not enough. In 2017, global internet users sent out 269 billion emails daily. So, in a month, that gives us a little over 8 trillion emails. Back in Twilio's 50 billion processing rate, and you quickly realize that they're only analyzing 3% of all emails.Because threats come from anywhere nowadays, a 3% sample size won't cut it, even with an AI advantage. Moreover, scammers are constantly upgrading their craft. To address future threats, Twilio must invest more into their platform lest they become obsolete. Since TWLO stock isn't exactly a market-cap giant, I'm not sure they have the resources to prosecute this sector. Twilio Stock Barking Up the Wrong TreeAnother problem with this asymmetry is that it exclusively benefits the con artist. For instance, many, if not most, phishers hail from countries with which we have poor relations. The trade war ratcheting up is a recent example of how little support we may receive from international law-enforcement agencies.These scammers aren't stupid. They realize that we Americans have little recourse when it comes to prosecuting phishing attacks, so they continue. That's one uphill battle awaiting TWLO stock.The other whammy is that it only takes one cyberattack or breach to render unspeakable damage. Remember the Equifax (NYSE:EFX) disaster? Most working-age Americans had their Social Security numbers compromised due to a silly oversight.Realistically, the rewards just aren't there for Twilio stock to advantage. The underlying company must incur large and growing expenses for a relatively small payoff. And if they fail just once, their reputation goes up in smoke. That's not a risk I want to take, especially with shares having gained so much.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post Anti-Phishing Might Be Anti-Climactic For Twilio Stock appeared first on InvestorPlace.
Generation Investment Management, the firm Al Gore co-founded, is handily beating the S&P 500. Here’s what it’s buying and selling.
Undeniably, one of the top growth names in the broad technology sector is Okta (NASDAQ:OKTA). A specialist in the burgeoning identity control and management segment, OKTA stock is fundamentally relevant. And it's technically relevant too, jumping to a nearly 67% year-to-date lead.Moreover, shares have really had only one trajectory since its April 2017 initial public offering. After its first session, the OKTA stock price closed up at $23.51. Since then, early stakeholders in the tech firm have profited an astonishing 349%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow, we're at the point when OKTA stock has hit overbought levels as based on the relative strength indicator (RSI). I never recommend making a big move on any one indicator. However, it's worth noting that the last two times OKTA triggered the RSI, shares turned volatile.Adding to the reservations, Zacks Investment Research recently downgraded the shares. Although most analysts remain bullish on the OKTA stock price, a significant percentage are fence-sitters. Considering that shares have flown past the average-price target of $88.53 -- closing just shy of $110 yesterday -- not much room seemingly exists for additional upside. * 7 Cloud Stocks to Buy on Overcast Days Currently, it's a battle between technical concerns and the fundamental potential for the company. If you're thinking seriously about buying OKTA stock, though, I suggest a much-clearer route: wait. Shares will probably correct, and here are three reasons why. OKTA Stock is OvervaluedLet's just cut straight to the chase: the OKTA stock price today is simply overvalued. I'm in the same camp as fellow InvestorPlace contributor Bret Kenwell. He recognizes the company as a growth monster, but he's also rational. Kenwell writes:Generally speaking, I don't like to chase stocks. Okta may be a great company but that doesn't mean I want to pile into the name after we've seen a near-24% rally in the S&P 500 index and a near-30% rally for the PowerShares QQQ ETF (NASDAQ:QQQ) since Christmas.But it's not just about market concerns, although those are obviously important. Instead, I'm also looking at the grand scheme of things. The OKTA stock price is also overvalued relative to the identity-management industry.In 2017, the global identity and access management (IAM) market had a value of $8.85 billion. Experts in the field predict a low-double digit CAGR up to 2025. Other sector analysts are more optimistic, targeting a CAGR of 16%. That would mean by 2022, the IAM industry could have a value of approximately $24 billion.That's all great news. But OKTA sports a market capitalization of slightly over $12 billion, substantially exceeding IAM's present international market value. Further, 2018 revenue totaled just under $400 million, while net-income losses have consistently widened.In my view, this is a clear sign that the OKTA stock price has gotten well ahead of itself. OKTA Faces Serious CompetitionAlthough Okta's shares have experienced a mercurial rise to the top, it's also not surprising. IAM is an incredibly relevant industry, and it's so much more than its rather sober title suggests.Sure, IAM protocols enhance a corporation's security measures. In light of massive scandals like the Equifax (NYSE:EFX) breach, businesses are finally taking digital protections seriously. However, think about the mundane stuff, such as memorizing passwords. With Okta's solutions, you can enjoy a one-stop shop for your data-organizational needs.Again, it's no surprise that shares have skyrocketed. But because IAM is so lucrative, it attracts competition. We're not talking about bit players, either, but something that reads like the who's who of tech: Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL) and IBM (NYSE:IBM), to name but a few.At any moment, these giants could squash Okta. Plus, a buyout that would launch the OKTA stock price isn't guaranteed. After all, Amazon already has viable cloud solutions. It won't take much for them to enter IAM and disrupt it. Which leads me to… IAM Is Ripe for DisruptionSpeaking of disruption, Okta faces somewhat of a double-edged sword. On one hand, they're enjoying tremendous momentum getting their product quickly to the ground floor. But on the other hand, IAM doesn't have a very high barrier to entry.One of the obvious technologies that can benefit this industry is the blockchain. In a nutshell, the blockchain represents both a decentralized and immutable platform. It's perfect for controlling information access and to establish a perfect "paper" record of activity.But the problem for Okta as a publicly traded entity is that the blockchain is open source. Essentially, this groundbreaking technology is free. All someone needs is a good idea and some modest operational funds to potentially disrupt IAM.Okta is playing that disruptive role right now, which suits OKTA stock holders just fine. However, at this current price point, the company is too much of a risk. If you like the concept, my suggestion again is to wait. I'm almost certain we'll see a better price shortly.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post 3 Reasons Not To Chase The Parabolic Okta Stock Price a¦ For Now appeared first on InvestorPlace.
Monica Howard Douglas said she learned at a young age the impact diversity – or lack thereof – can have on people.
Equifax's (EFX) first-quarter 2019 revenues hurt by weakness in the USIS, International and Global Consumer Solutions segments.
Equifax (EFX) delivered earnings and revenue surprises of 0.84% and -0.19%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The hotel operator earned an adjusted $1.41 per share for the first quarter, 7 cents a share above estimates. Revenue missed forecasts, however, but Marriott said it was able to increase North American profit margins despite higher labor costs and modest revenue growth. Viacom VIAB — Viacom reported adjusted quarterly profit of 95 cents per share, beating the consensus estimate of 80 cents a share.
The Atlanta-based company said it had a loss of $4.57 per share. Earnings, adjusted for one-time gains and costs, came to $1.20 per share. The results surpassed Wall Street expectations. The average estimate ...
Don't be caught off-guard: Equifax (NYSE: EFX ) releases its next round of earnings this Thursday, May 9. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters ...
is expected to report quarterly earnings of $1.20 a share on sales of $848.4 million after the market closes on Thursday, based on a FactSet survey of 17 analysts. Equifax is currently trading at a price-to-forward-earnings ratio of 20.5 based on the 12-month estimates of 18 analysts surveyed by FactSet. Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you.
WEX's first-quarter 2019 revenues benefit from strong performance of Travel and Corporate Solutions and Health and Employee Benefit Solutions segments.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Equifax Inc.'s (NYSE:EFX) announced its latest earnings update in December 2018, which confirmed...
Expenses like commuter costs, childcare, and healthcare can be automated to put some cash back in your wallet, and it doesn't cost employers anything. Avi Karnani, CEO and co-founder of Alice Financial, joins Yahoo Finance's Myles Udland, Melody Hahm, and Akiko Fujita to discuss how his startup is helping employees save.