|Day's Range||71.60 - 71.60|
Here’s a roundup of pitches by the biggest hedge fund managers that presented today at the 23rd annual Sohn Investment Conference, one of the industry’s marquee events. Many of this year’s bets were tech focused as presenters talked about privacy concerns in social media and embracing artificial intelligence. DoubleLine Capital’s Jeffrey Gundlach recommended shorting Facebook Inc. and going long an ETF that tracks oil and gas exploration and production stocks.
Here’s a list of all the top-rated growth stocks that have just been added to the IBD 50, IBD Big Cap 20, Sector Leaders, Stock Spotlight and IPO leaders.
Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders. John Khoury, founder and managing partner of the $2.7 billion Long Pond Capital hedge fund, revealed a long position in U.S. homebuilder D.R. Horton Inc, which he said should rise as more millennials age into the first-time home buyer market.
The year has seen quite a bit of volatility for Yelp Inc (NYSE:YELP) stock. Then again, this has been the case with many consumer-focused internet plays. Hey, even Facebook, Inc. (NASDAQ:FB) hasn’t been immune to the swings.
Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders. John Khoury, founder and managing partner of the $2.7 billion (£1.94 billion) Long Pond Capital hedge fund, revealed a long position in U.S. homebuilder D.R. Horton Inc (DHI.N), which he said should rise as more millennials age into the first-time home buyer market.
Li Ran of Half Sky Capital Monday afternoon expressed optimism about GrubHub Inc. , saying that restaurant orders in major cities are likely to accelerate over the next 12 months, with the company the ...
If you’re a fan of Grubhub, you’re not alone. But if you’re considering buying the company’s shares, you may want to wait a bit. That’s the thinking of Gabelli Research, which on Monday initiated coverage ...
Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as GrubHub Inc (NYSE:GRUB), with a market capitalization of US$8.88B, rarely draw their attention from the investing community.Read More...
Online food-ordering company GrubHub (GRUB) may have met its match. According to Second Measure, Uber Eats, Uber’s food-delivery unit, is the fastest-growing food delivery service in the United States. Just as Uber is facing increasing competition globally in its ride-hailing segment, Uber Eats seems to be doing well. According to the report, Uber Eats now has a larger market share than GrubHub in 15 of the 40 biggest cities in the country.
As Netflix, Inc. (NASDAQ:NFLX) has risen to the forefront of American entertainment, the kids have popularized the phrase “Netflix and chill.” But forget about that. Take a look at the stock charts of Netflix and Domino’s Pizza, Inc. (NYSE:DPZ) over the past three years. Granted, NFLX stock has outperformed DPZ stock (+300% for NFLX versus +140% for DPZ), but both are still big winners.
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. A lot of people feel world commerce is going to slow down, a lot of different crosscurrents because of tariffs.
GrubHub Inc (NYSE: GRUB) stock has gained 175 percent since the start of 2017, which has some analysts suggesting investors move to the sidelines. GrubHub continues to account for the majority of delivery volume for 75 percent of respondents. Online penetration rates continue to move higher, and GrubHub is the competitor gaining market share in the space that's mentioned most often.
Planet Fitness, Netflix, Nvidia and Grubhub share a key trait of winning stocks: strong and rising institutional demand.
Morgan Stanley has been recommending investors be buyers of GrubHub Inc (NYSE: GRUB ) since Jan. 1, 2017. Now may be the time to move to the sidelines after a 175-percent return, the firm said Wednesday. ...
NEW YORK, NY / ACCESSWIRE / April 18, 2018 / Shares of GrubHub and PayPal headed higher in Tuesday trading after GrubHub announced it would be allowing PayPal's service Venmo to be used by diners on three of its platforms. GrubHub Inc. shares were on the move on Tuesday, closing the day up 5.30% after announcing the availability of Venmo as a payment option now for users.
GrubHub Inc (NYSE: GRUB )'s first-mover advantage in food delivery positions the company to capitalize on rapid growth in the sector, according to Stephens. Its announcement Tuesday that Paypal Holdings ...
Robust earnings from Netflix, Inc. (NASDAQ:NFLX) are breathing new life into the Nasdaq Composite. The launch couldn’t have come at a better time because GRUB stock was on the verge of breaching its 50-day moving average. Four straight quarters of earnings gaps have propelled GRUB to the moon.
Diners purchasing food on Grubhub, Seamless, or Eat24 mobile apps can now pay with their Venmo balance, linked bank account or debit card. Once the order is placed, diners can split the bill with Venmo, making it easier than ever to share the costs of group food orders with friends. This functionality is available to anyone who has the Venmo app installed on their mobile device and will automatically show up in their available payment options at checkout.
Domino's Pizza Inc (DPZ.N) is ramping up the food delivery wars, adding online ordering for more than 150,000 new delivery "hotspots" at U.S. parks, beaches and other destinations that do not have traditional addresses. Executives say the move opens new sales opportunities for the company, a pioneer and dominant player in restaurant delivery, as traditional eateries and supermarkets face pressure from third-party delivery "disruptors" that are flush with venture capital or subject to less stringent expectations when it comes to profits. "We know that delivery is all about convenience, and Domino's Hotspots are ... all about flexible delivery options," said Russell Weiner, president of Domino's USA.
Short interest is moderately high for GRUB with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 20.
Stocks with promise and stocks with solid earnings records have helped fuel AB Discovery Growth Fund's (CHCLX) recent outperformance.
Key market index funds were lower Wednesday amid rising U.S.-Russia tension over Syria. But Netflix rallied ahead of earnings.
The success of Domino's, Papa John's and the rest of Big Pizza has devastated mom-and-pop pie shops. Now Slice is helping the little guys unite, get online – and fight back.