GRPN - Groupon, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
-0.0700 (-2.83%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close2.4700
Bid2.3700 x 800
Ask2.4000 x 800
Day's Range2.4200 - 2.4700
52 Week Range2.3100 - 4.5700
Avg. Volume5,334,009
Market Cap1.362B
Beta (3Y Monthly)0.90
PE Ratio (TTM)200.00
EPS (TTM)0.0120
Earnings DateNov 5, 2019 - Nov 11, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.70
Trade prices are not sourced from all markets
  • Groupon Stock Is Cheap, But It’s Not Worth Buying Yet

    Groupon Stock Is Cheap, But It’s Not Worth Buying Yet

    Earlier this year, I shared my thoughts on the shares of online discounts marketplace Groupon (NASDAQ:GRPN). My thesis was pretty simple. Specifically, I believed that, over the long-term, Groupon has staying power in the commerce world as a go-to discounts marketplace for a loyal base of consumers, and that GRPN stock would rise meaningfully. But the company's recent sluggish growth trends do not support the idea that Groupon has staying power, and until those sluggish growth trends turn around and do support that idea, GRPN stock won't rebound.Source: Shutterstock Given this situation, GRPN stock will keep falling for the foreseeable future. But it will eventually bottom and turn around.When I wrote my previous column about GRPN, Groupon was a $3.50 stock. Today, GRPN stock trades hands around $2.45, a 30% plunge in about six months. That's a big drop. But, is it big enough to make Groupon stock worth buying today?InvestorPlace - Stock Market News, Stock Advice & Trading TipsNo. From a fundamental, long-term perspective, GRPN stock does look undervalued today. But GRPN is only undervalued if it can stabilize its user base, revenues, and margins over the next several years through improving the experience of its users and doubling down on local, experience-focused discounts.Right now, the numbers and trends do not indicate that the company can accomplish those goals. Until that changes, investors will continue to assume the worst about Groupon stock, as they should.So Groupon stock will probably remain weak until its numbers turn around. I'm not sure when that will happen. Consequently, there's simply too much uncertainty and risk to warrant buying GRPN stock at this point. * 7 Retail Stocks to Buy on the Dip Groupon Can Make a Huge ComebackGroupon has a decent shot to make a huge comeback over the next several years.Two things which consumers are consistently attracted to - regardless of consumption habits or the state of the economy - are low prices and high convenience. Discounts result in low prices.GRPN is an online discounts marketplace. Sure, there's lots of competition in the online discounts sector. Large companies offer discounts through their own stores and websites. Thus, although everyone likes discounts, not everyone will use Groupon. Many people will go straight to retailers for discounts, and a lot will obtain their discounts from other third parties besides GRPN.But Groupon has a large enough user base (nearly 50 million active customers) and high enough brand awareness to remain a relevant player in the non-cyclical-growth online discounts world. Indeed, through growth initiatives like improving users' experience and focusing on local discounts, Groupon has an opportunity to actually increase its relevance in the online discounts world over the next few years.As a result, there is a realistic opportunity for GRPN to grow its sales, margins, and profits at a steady, albeit slow, rate over the next several years. My modeling suggests that - assuming 0%-1% customer growth, 1-2% revenue growth, and slight margin expansion - Groupon's earnings per share could reach 30 cents by fiscal 2025. Based on a forward price-earnings multiple of 16, which is average for the markets, the 2024 price target for GRPN stock would be nearly $5, about double today's price tag. Current Trends Don't Support a ReboundThe glaring problem with the long-term bull thesis on GRPN stock is that current trends don't support the thesis, and haven't for a long time.At the end of 2017, Groupon's gross billings growth rate was -3.7%, excluding currency changes. In each of the six quarters since then, its gross billings have dropped by at least 6% year-over-year, including a gross billings drop of 9.5% last quarter.On the revenue front, Groupon just reported an 11.7% constant-currency drop last quarter. Meanwhile, on the customer front, Groupon's customer base started shrinking in the second quarter of 2018, and its declines have accelerated every quarter since.In other words, Groupon's top-line growth trends are accelerating in the wrong direction.Its margin trends have been on a similar trajectory. Throughout 2018, Groupon's adjusted EBITDA margins were consistently, meaningfully expanding. That trend has reversed course in 2019. In Q1, the company's adjusted EBITDA margins dropped nearly 0.3 percentage points YoY. In Q2, its adjusted EBITDA margin decline accelerated to nearly 0.4 percentage points.Groupon's top- and-bottom-line trends are accelerating in the wrong direction. That doesn't give much credence to the long-term bull thesis.Until these trends reverse course, investors will continue to assume the worst, and GRPN stock will remain weak. The Bottom Line on GRPN StockIn the long-term, I think GRPN stock can reach the $5 range. But that long-term bull thesis is based on the idea that Groupon can remain a popular discounts marketplace.The company's current growth trends do not support that idea. Until they do, investors won't believe it, and until investors believe it, GRPN stock won't rebound.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post Groupon Stock Is Cheap, But It's Not Worth Buying Yet appeared first on InvestorPlace.

  • Does Monday’s Pop Signal a Turnaround for Groupon Stock?

    Does Monday’s Pop Signal a Turnaround for Groupon Stock?

    Groupon Inc (NASDAQ:GRPN), the group discount e-commerce company, has not had a good summer. And anyone holding Groupon stock has had an even worse time of it. After reporting disappointing Q2 results at the end of July, GRPN stock tanked.Source: Shutterstock By last week, shares were trading at $2.32 -- an all-time low. However, on Monday investors saw a hint of blue sky when GRPN popped 4.24%, sitting at $2.46 to end the day. That's two straight days of positive movement for GRPN.The big question is whether this is the start of a recovery, or a brief respite from a slide that could see Groupon sink even lower.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Disappointing Q2 Earnings Hammered Groupon Stock As July wound down, GRPN stock was trading in the $3.50 range. That's a far cry from the frothy post-IPO days in 2011, when it topped $26, but it was up 8% or so since the start of 2019. * Major Headlines Mean Opportunities for Smart Investors But on July 30, the company reported Q2 earnings and the market reaction was swift. Revenue of $532.6 million was down 14% year-over year and the company recorded a loss of 7-cents per share, significantly off what analysts had been expecting.Adding to the growing challenge for Groupon was a continued erosion of its business and customer base in virtually all areas of its operations. Revenue was down double digits in both the North American and international markets. While the local daily deals the company built its name on saw a 4% drop in revenue compared to last year, the segments investors had been looking to for sustained growth -- travel and and e-commerce -- suffered even steeper declines, with revenue down 18% and 21% respectively. The total number of active customers dropped to 46.2 million, down from the 47.2 million the company claimed in Q1.Groupon's CEO Rich Williams tried to put a positive spin on the situation, telling investors:"With more than 45 million active customers worldwide and more than 200 million mobile downloads, we have built a scalable marketplace to capture the massive local commerce opportunity. As we sharpen our focus on engaging higher-value customers, we are seeing encouraging progress. Entering the second half of 2019, we remain committed to advancing our key strategic priorities to build the daily habit in local commerce and delivering value to customers, merchants and stockholders alike."The market wasn't buying it and Groupon stock tanked, losing nearly a third of its value in the two weeks after -- until gains on Friday and Monday. Can Groupon Turn Things Around?Groupon is in a really tough situation. As InvestorPlace's Vince Martin pointed out a few months ago, nearly eight years after its IPO it's still not clear that Groupon's business model actually works. In fact based on quarter after quarter of declining revenue (10 straight year-over-year quarterly declines and only one gain in the past 15 quarters), there's a pretty strong argument that the company has hit the wall in terms of what it can do. Making the situation even worse, there are some strong competitors looking to scoop Groupon's customers. One of these daily deal websites, Woot, is owned by e-commerce giant Amazon (NASDAQ:AMZN), who snapped it up in 2010. * 10 Mid-Cap Dividend Stocks to Buy Now Despite yet another disappointing quarter, Groupon is sticking by its full-year guidance of delivering an adjusted EBITDA of approximately $270 million. If manages to pull that off, it could be that in hindsight, the $2.32 Groupon stock hit last week will prove to be the bottom of the trough. But there are a lot of things that have to go right for GRPN to turn things around.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities.The post Does Monday's Pop Signal a Turnaround for Groupon Stock? appeared first on InvestorPlace.

  • American City Business Journals

    WeWork joins underperforming Uber, Lyft, Nio as biggest pre-IPO cash guzzlers

    All 10 companies on this list of the biggest pre-IPO cash guzzlers are either trading below their first day offering price or are out of business.

  • 4 Stocks Too Cheap to Ignore After Wednesday's Sell-Off
    Motley Fool

    4 Stocks Too Cheap to Ignore After Wednesday's Sell-Off

    A lot of stocks hitting new 52-week lows today may not stay out of favor for long.

  • Is Groupon, Inc.'s (NASDAQ:GRPN) ROE Of 6.0% Concerning?
    Simply Wall St.

    Is Groupon, Inc.'s (NASDAQ:GRPN) ROE Of 6.0% Concerning?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • 7 Stocks Under $7 to Invest in Now

    7 Stocks Under $7 to Invest in Now

    Stocks got absolutely crushed at the start of August. From Wednesday's less dovish than hoped for rate cut onward, the stock market went into steep decline. President Donald Trump's latest provocations in the trade war only added to the nervous mood on Wall Street. Instead of looking for stocks to invest in, traders headed for the exits.The S&P 500 dropped far under the psychological 3,000 level. Meanwhile the Dow Jones Industrial Average shed 1,000 points from its recent highs. Tech stocks got particularly hammered.With all that selling, however, comes opportunity. In particular, a lot of folks are looking for lower-priced stocks that could move back up quickly once the market finds its footing. While stock price alone doesn't indicate a company's value or riskiness -- it is market cap that counts more -- low-priced shares are often more volatile. As a result, these stocks could bounce back in a hurry as the market recovers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Dividend Aristocrat Stocks to Buy Now No Matter What Here are seven stocks to invest in now following the recent market declines. Stocks to Invest in: Fitbit (FIT)Source: Shutterstock Fitbit (NYSE:FIT) just announced another lousy quarter. Traders, not surprisingly, have pummeled the stock down to fresh 52-week lows. And, since its IPO, FIT stock is now down a crushing 90%. Since February alone, FIT stock has lost nearly half its remaining value.But it's not game over for Fitbit just yet. That's because the company has a substantial net cash position. It should exit 2019 with something like $550 million to $600 million in cash against a market cap of just $850 million. This means that a competitor can buy Fitbit for something like $1.2 billion -- a nearly 50% premium to the current depressed stock price -- and still only pay $600 million to get the actual company net of cash.Why would a competitor buy Fitbit? To compete with Apple (NASDAQ:AAPL). Apple's watches are doing well, and it is hard for Fitbit to compete as a standalone company. They are having to cut expenses, including research, which makes it hard to keep up. By contrast, a competitor with far more resources could benefit from having the Fitbit brand and reinvigorating it with more tech and marketing dollars. FIT stock will likely continue to erode in value if nothing happens, however, so be careful of that. The exit strategy here is clearly a takeover. Lloyds Banking Group (LYG)Source: Shutterstock Britain's will-they-or-won't-they Brexit drama has taken another turn. The controversial right-wing figure Boris Johnson became Britain's newest prime minister just over a week ago. Already, his new government was dealt a blow. A special election dropped Johnson's conservative party majority to just one seat. This heightens speculation that Johnson will need to call new elections before Oct. 31, which is the current deadline for the United Kingdom to leave the European Union.All this uncertainty has led British assets to fall even farther. The British pound is back to its 2016 lows against the dollar and is threatening to hit new all-time lows against the euro. People are dumping everything British. Lloyds Banking Group (NYSE:LYG), the $45 billion financial giant, has seen its stock slump from $2.80 to $2.45 just in the past few weeks. But is it really so bad?For one thing, the Brexit drama has been running for more than three years now. The British economy has already slowed down due to uncertainty. At this point, any businesses and consumers who were going to act out of worry about Brexit have done so already. On the plus side, Johnson is promising pro-business measures. He's often described as a British Trump, which certainly raises people's concerns. But if you bought stocks when Trump was elected, you've done very well. Johnson could usher in a similar surprise for beaten-down British stocks. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates LYG stock in particular is now offering a more than 7% trailing-12-month dividend yield. It's trading at just 9x trailing and 8x forward earnings. It is also at less than 80% of book value. Even mediocre large banks tend to trade for at least book value if not a slight premium, which would suggest LYG stock is worth closer to $3.50 instead of the current $2.50 price. Groupon (GRPN)Source: Shutterstock Groupon (NASDAQ:GRPN) certainly isn't a hot stock anymore. At one time, people thought Groupon could be the internet's next big advertising platform. In fact, Groupon was so popular that rivals like Living Social attracted multi-billion dollar valuations as well. Well, the hype has definitely worn off. But Groupon is far from dead, and its share price discount makes it one of our stocks to invest in.The company has consolidated its rivals and faces little meaningful competition in its niche anymore. And business is still strong; there are plenty of people who like coupons, after all.It's not all great news for Groupon. The company's revenues have been declining at a single digit rate in recent years. It is trying to offset that with bigger average deal and international expansion. However, with the company's strong cash position, it has plenty of time to turn things around. Additionally, trading at less than 10x cash flow and 5x EBITDA, GRPN stock is cheap for an internet property. That could make it a takeover target for a larger firm or private equity. Cemex (CX)Source: Wikimedia CommonsIf you're like many people, the last time you heard about Cemex (NYSE:CX) was a few years ago when CNBC was hyping a few trades to take advantage of the Trump election. In theory, Cemex was supposed to be a great pick because they'd supply cement to build the wall. For a variety of reasons, this never played out, and CX stock has dropped 50% since then, including a 20% decline just over the past month.But with Cemex totally off everyone's radars, it has now become one of our stocks to invest in. Although Cemex is a Mexican company, it is one of the largest cement producers in America as well. Not surprisingly, investors have dumped the stock given concerns about the American economy and the uncertainty in Mexico since the new government took over there last winter.However, this consensus is mistaken. For one thing, Mexico's economic outlook is still strong, particularly with the North American Free Trade Agreement replacement deal now heading for approval. And the panic over a potential U.S. recession seems overblown. The jobs numbers and consumer confidence are both still near 20-year highs. Additionally, the Federal Reserve rate cuts will lower interest rates, allowing businesses to borrow more money. This, in turn, leads to more construction. * 10 Stocks to Buy on the Trade War Dip Why buy Cemex stock specifically? The company is selling off non-core European assets at favorable valuation ratios to reduce its debt. With that taken care of, the company should return more capital to shareholders in coming years. On a current EV/EBITDA basis, CX stock should be worth closer to $5 instead of the current $3.25 price. Additionally, when CX stock traded down to $3 in both 2012 and 2016, it subsequently rebounded to $10. A similar repeat now would cause shares to triple from here. B2Gold (BTG)Source: Shutterstock I last discussed B2Gold (NYSEAMERICAN:BTG) in my "3 Stocks Under $3 To Consider" article earlier this summer. BTG stock is no longer eligible for that category, as shares have surged 20% in recent weeks to top the $3 mark. In fact, BTG stock just hit fresh 52-week highs on Wednesday despite the broad market selling.I'd refer you back to my previous article for a more detailed overview of B2Gold's operations. The summary, however, remains that it is one of the most diversified smaller gold mining operations out there with impressive growth and an above-average caliber management team.More broadly, gold is continuing to power higher this summer, and silver has started tagging along for the ride. This indicates that investor sentiment for precious metals is rapidly heating up. Throw in the recent Fed rate cut and market unease elsewhere and things are coming together nicely for the precious metals here. BTG stock will continue to ride that wave higher. Sandstorm Gold (SAND)Source: Shutterstock With gold stocks on an absolute tear, it's worth featuring another one among our stocks to invest in as well. Sandstorm Gold (NYSEAMERICAN:SAND) is different from most gold firms because it is a streamer, not a miner. That means that it gets royalties from the production of other company's mines. In effect, Sandstorm is a specialty mining finance operation. This greatly reduces operating risk, because the mining firm, not the royalty owner, takes the hit if the mine fails to live up to expectations or other issues such as strikes or geopolitical problems occur.Over the past decade, while gold mining stocks, as a sector, have lost close to half their value in composite, the streamers have gained value. And Sandstorm, as one of the smallest and fastest-growing, has incredible leverage to the upside in the price of gold. Sandstorm just announced record gold-equivalent ounces of production last quarter. And it has big new asset streams coming online over the next couple of years. * 10 Cyclical Stocks to Buy (or Sell) Now SAND stock is already close to a double from last year's lows. But it could have a lot farther to go, especially if gold tops $1,500/oz this fall. Republic First Bancorp (FRBK)Source: Shutterstock Republic First Bancorp (NASDAQ:FRBK) is the last of our stocks to invest in. It's also in the doghouse at the moment. The northeastern regional bank has dropped from $7.50 in December to near $4 per share this summer. But it may not stay there long.Republic First has a few positive features that most small banks lack. For one, it has a superstar backer in the form of Vernon Hill. Hill led Commerce Bank to such great success that Canadian giant Toronto-Dominion Bank (NYSE:TD) eventually acquired it. Hill used that success to launch Metro Bank in the U.K. and bolster Republic First over here. He owns a large chunk of FRBK stock, and First Republic has brought in many of Hill's executives from Commerce to work for it.Republic First is now growing aggressively. It's posting double-digit deposit and loan growth rates. On top of that, the bank is set to open a premium Manhattan branch location at the corner of 14th St. and 5th Ave., which is a massive pedestrian traffic spot. Combine the bank's aggressive growth with its book value -- currently $4.22 -- and there's a lot to like. Downside on the stock is most limited as it already merely trades for book. But with 15%-20% growth in deposits and loans annually, this thing could take off in a hurry, as it is one of the fastest-growing Northeastern banks.At the time of this writing, Ian Bezek owned SAND stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Aristocrat Stocks to Buy Now No Matter What * 7 Stocks to Buy to Ride the Vegan Wave * 4 Safe Stocks to Buy Amid Trade War Turbulence The post 7 Stocks Under $7 to Invest in Now appeared first on InvestorPlace.

  • Groupon acquires AI communications startup Presence AI
    American City Business Journals

    Groupon acquires AI communications startup Presence AI

    Groupon has acquired San Francisco-based text and voice communication startup Presence AI as it aims to improve the booking experience for customers that use its service.

  • Groupon Acquires Presence AI to Enhance Booking Experience
    Business Wire

    Groupon Acquires Presence AI to Enhance Booking Experience

    Groupon ( (GRPN) today announced it has acquired Presence AI (––an AI-powered text and voice communications tool that enables and facilitates messaging between customers and merchants. Consumers––especially millennials––vastly prefer messaging and chat-based communications over phone calls.* Presence AI enables merchants to answer to that trend by offering a 24/7 business assistant that integrates with a merchant’s existing scheduling software––or replace pen and paper––to accept and manage bookings, provide instant answers to customer questions, remind people when it’s time to re-book and much more. “We’re pleased to welcome the Presence AI team and their booking technology to Groupon.

  • Groupon launches $5/month membership program
    American City Business Journals

    Groupon launches $5/month membership program

    Groupon is rolling out a membership program that it hopes will keep customers coming back more frequently and spending more while they shop.

  • MarketWatch

    Groupon launches membership program

    Groupon Inc. said Wednesday that it has launched Groupon Select, a membership program that offers members additional deals across the site. Groupon Select costs $4.99 per month and includes perks like an extra 25% off local neighborhood deals and extra 10% off travel, live events and tickets. Members get half off on August 7. Groupon stock is down 3.6% in Wednesday trading, and down nearly 15% for the year to date. The S&P 500 index is up nearly 15% for 2019 so far.

  • Groupon Launches Groupon Select––New Membership Program Providing Access to Exclusive Savings and Insider Perks
    Business Wire

    Groupon Launches Groupon Select––New Membership Program Providing Access to Exclusive Savings and Insider Perks

    CHICAGO-- -- Groupon Select benefits include an extra 25% off local deals in your neighborhood, an extra 15% off plus free shipping on all Groupon Goods orders and an extra 10% off travel, live events and tickets––all for just $4.99 a month Aug. 7 “Select Day” launch celebration offers members 50% off one eligible item Groupon today announced the launch of a new membership program, Groupon Select , ...

  • Thomson Reuters StreetEvents

    Edited Transcript of GRPN earnings conference call or presentation 31-Jul-19 2:00pm GMT

    Q2 2019 Groupon Inc Earnings Call

  • Groupon (GRPN) Earnings and Revenues Lag Estimates in Q2

    Groupon (GRPN) Earnings and Revenues Lag Estimates in Q2

    Groupon (GRPN) battered by lower customer and traffic. However, the company's effort of launching new products on a regular basis is a positive.

  • Implied Volatility Surging for Groupon (GRPN) Stock Options

    Implied Volatility Surging for Groupon (GRPN) Stock Options

    Investors need to pay close attention to Groupon (GRPN) stock based on the movements in the options market lately.

  • Groupon (GRPN) Q2 2019 Earnings Call Transcript
    Motley Fool

    Groupon (GRPN) Q2 2019 Earnings Call Transcript

    GRPN earnings call for the period ending June 30, 2019.

  • Business Wire

    Groupon Reports Q2 2019 Earnings

    Also issues Q2 stockholder letter

  • How Groupon Makes Money: Direct Sales and Commissions

    How Groupon Makes Money: Direct Sales and Commissions

    Groupon is known for offering discount coupons and vouchers for a variety of retailers and services, but the company also has other revenue streams you may not know about.

  • What's in Store for Lam Research (LRCX) This Earnings Season?

    What's in Store for Lam Research (LRCX) This Earnings Season?

    Lam Research's (LRCX) fiscal fourth-quarter results are likely to benefit from strength in non-memory markets and robust equipment demand. However, PC volatility and competition remain concerns.

  • Buy 6 Top Stocks Set to Beat on Earnings in Q2 Today

    Buy 6 Top Stocks Set to Beat on Earnings in Q2 Today

    Second-quarter 2019 earnings expectations have improved this month. In spite of a prolonged trade conflict with China, we do not see a broad-based decline in guidance by U.S. corporates.

  • Garmin (GRMN) to Report Q2 Earnings: What's in the Offing?

    Garmin (GRMN) to Report Q2 Earnings: What's in the Offing?

    Garmin's (GRMN) second-quarter results are likely to benefit from expanding product portfolio and strength in the wearables market. Yet, weak personal navigation device space remains a concern.

  • Can Solid Product Portfolio Aid Baidu's (BIDU) Q2 Earnings?

    Can Solid Product Portfolio Aid Baidu's (BIDU) Q2 Earnings?

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  • Is There An Opportunity With Groupon, Inc.'s (NASDAQ:GRPN) 26% Undervaluation?
    Simply Wall St.

    Is There An Opportunity With Groupon, Inc.'s (NASDAQ:GRPN) 26% Undervaluation?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Groupon, Inc...

  • Groupon Employees Volunteered a Record-Setting 14,000 Hours in Their Local Communities Last Month
    Business Wire

    Groupon Employees Volunteered a Record-Setting 14,000 Hours in Their Local Communities Last Month

    Groupon today unveiled the results of its sixth annual global employee volunteer-a-thon (, a company-wide initiative that encourages employees during the month of June to get involved in their local communities and connects them with the causes they care about the most. “Once again, we continue to be blown away by the bar-raising levels of volunteer engagement and leadership shown by Groupon employees in their local communities,” said Groupon’s President of North America and Groupon Volunteers executive sponsor Aaron Cooper.

  • Business Wire

    Groupon to Webcast Second Quarter 2019 Financial Results Conference Call

    Groupon, Inc. announced today that it intends to hold a conference call to discuss its second quarter 2019 financial results on Wednesday, July 31, 2019, at 10:00am EDT.

  • 3 Forgotten Tech Stocks Worth Remembering

    3 Forgotten Tech Stocks Worth Remembering

    You can't deny that the technology sector is fast-paced. It's ever-changing as new fads, trends, devices, and applications come and go. Today, it's cloud computing. A few years ago, it was wearable devices. And who can forget the hype surrounding B2B stocks during the dotcom days?But as these trends shifted, so too have the various tech stocks. The sector is littered with former leaders that have now turned into losers.Not all former high-flying tech stocks are worthy of the dust bin, though.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn fact, there are plenty of decidedly old-school technology firms that are still making plenty of profits, cash flows and even dividends for their shareholders.For investors, these now-forgotten tech stocks could be huge potential values in the making. Sure, they require some patience and a little luck, but the potential rewards are great. All in all, making some room in a portfolio for a few forgotten tech stocks could make a ton of sense. * 7 Retail Stocks to Buy for the Second Half of 2019 But which ones actually have the goods to outperform over the long haul? Here are three former high-flying tech stocks that could be big bargains. eBay (EBAY)While Amazon (NASDAQ:AMZN) and even Walmart (NYSE:WMT) capture most of investor's e-commerce love, old school tech stock eBay (NASDAQ:EBAY) continues to rack up sales and profit growth.The firm is still one of the largest online retailers in the world -- with more than 179 million active users and an average of over 1.9 billion listings on its site at any one time. Meanwhile, as a third-party listing service, EBAY features some pretty high margins and cash flows when it comes to people actually making a purchase on the site.And it turns out, the firm has some tricks up its sleeve to get its former mojo going.After eBay jettisoned PayPal (NASDAQ:PYPL), growth at the firm slowed to a trickle. In order to get that growth back, the firm is starting to copy a playbook that has helped both AMZN and WMT: sponsored ads and promoted listings.EBAY charges sellers a fee in order to boost the prevalence of their products and quicken the pace of a sale. The beauty is that EBAY will still get the standard commission fees when the item does sell.These promoted ads are starting to work wonders. During the first quarter, eBay managed to generate more than $65 million in extra revenues from them. Better still, this only improves the firm's margins. Adding in moves to refresh and simplify the buying experience, eBay is back on track to post some significant gains this year.Despite the potential, new dividend, and increased estimates, EBAY stock trades at a forward P/E of 13. When it comes to tech stocks, eBay should not be forgotten. Groupon (GRPN)Source: Shutterstock A strange thing recently happened at a summer kick-off barbecue I attended. Multiple people were talking deals that they had scored on Groupon (NASDAQ:GRPN).About a decade ago, the deal-making site became a huge fad as it promoted its voucher system for local restaurants, goods, and various services. You could pay a low cost to save as much as 80% on dinner, a movie, and even dog grooming services. These days, GRPN is moving away from that system and into a potentially more lucrative one for consumers and its bottom line.Groupon now offers what's called card-linked deals. Instead of buying a voucher for a service later on, consumers are able to link a credit card to the account and then get cash back after they buy a good or service advertised on the platform. The benefit is that customers don't pay until the point of service and can use deals an unlimited number of times.At the same time, it has revamped its voucher-based products by adding appointments for certain services and experience segments. These two moves are designed to create a more seamless interaction between customers and businesses. Moreover, it's designed to make using GRPN a habit. The tech stock just sits back and collects the fees. * 10 Best Stocks for 2019: A Volatile First Half And while it's easy to write GRPN off as a former fad, the firm continues to be free cash flow positive, have a huge $1 billion in cash on its balance sheet, and see improving results. In the end, Groupon may be a former high-flyer, but today, investors are getting a huge sale on the discount provider. Dell Technologies (DELL)Dude, you're getting a Dell … again. However, these days Dell Technologies (NASDAQ:DELL) is a far better and perhaps more important tech stock than it was during the go-go dotcom days.The story of how DELL got here is perhaps a bit convoluted. The PC maker was public throughout the internet boom and was taken private by founder Michael Dell and Silver Lake Partners. During that time, the firm made a big splash when it bought enterprise software specialist EMC Corporation, which also included a stake in VMware (NASDAQ:VMW). This led to a tracking stock covering Dell's VMW holding.Which brings us to today. Dell decided to roll-up that tracking stock and once again IPO as its former ticker DELL.And while it may have fallen out of the public eye in the five or so years it wasn't openly traded, DELL has become a monster of an integrated tech stock. The PC and server business is still there -- which is booming thanks to rising data center demand. Meanwhile, the firm is a leader in cloud computing and virtualization software, cybersecurity via RSA as well as various infrastructure-as-a-service (IaaS) products. Today's DELL is looking like a real contender among leading tech stocks. That fact has shown up in its first-quarter results. First quarter revenue clocked in at $21.9 billion -- an increase of 3%.In the end, Dell may be a blast from the past. But this is one forgotten tech stock ready to rewrite its future. At the time of writing, Aaron Levitt held a long position in AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on College Students' Radars * 7 Retail Stocks to Buy for the Second Half of 2019 * The S&P 500's 5 Best Highest-Yielding Dividend Stocks The post 3 Forgotten Tech Stocks Worth Remembering appeared first on InvestorPlace.