LYFT - Lyft, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
63.60
+2.64 (+4.33%)
At close: 4:00PM EDT

63.60 0.00 (0.00%)
After hours: 7:52PM EDT

Stock chart is not supported by your current browser
Previous Close60.96
Open60.48
Bid63.61 x 800
Ask63.70 x 1000
Day's Range60.50 - 64.13
52 Week Range47.17 - 88.60
Volume4,386,247
Avg. Volume9,621,924
Market Cap18.483B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-7.60
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est70.52
Trade prices are not sourced from all markets
  • We might be on a verge of a gigantic market bubble
    Yahoo Finance6 hours ago

    We might be on a verge of a gigantic market bubble

    There has been some rather interesting activity in the markets the past month or so.

  • CNW Group46 minutes ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lyft, Inc. of Class Action Lawsuit and Upcoming Deadline - LYFT

    NEW YORK , June 17, 2019 /CNW/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lyft, Inc. ("Lyft" or the "Company") (NASDAQ:  LYFT) and certain of its officers.  The class action, filed in United States District Court, for the Northern District of California , and indexed under 19-cv-03003, is on behalf of a class consisting of all persons and entities who purchased or otherwise acquired Lyft common stock pursuant or traceable to the Form S-1 Registration Statement and Prospectus (collectively, the "Registration Statement") issued in connection with Lyft's March 2019 initial public stock offering (the "IPO" or "Offering"). This action asserts non-fraud strict liability claims under Sections 11 and 15 of the Securities Act of 1933 ("Securities Act") against Lyft and certain Lyft's officers and directors (collectively, the "Defendants").

  • Uber and Lyft Really Don’t Want California to Pass This Worker Rights Bill
    City Lab NonHosted2 hours ago

    Uber and Lyft Really Don’t Want California to Pass This Worker Rights Bill

    As California considers a gig-work bill to make ride-hailing drivers employees eligible for benefits and bargaining rights, Uber and Lyft ask for compromise.

  • GuruFocus.com3 hours ago

    Lyft Struggles With an Uncertain Path to Profitability

    Scale may not be enough to bolster its core ride-sharing business

  • ACCESSWIRE6 hours ago

    SHAREHOLDER ALERT: LYFT NOK ZUO: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / June 17, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...

  • Uber adding Greater Boston public transit information to app
    American City Business Journals6 hours ago

    Uber adding Greater Boston public transit information to app

    Uber is rolling out a new feature within its app that integrates local public transit information for ride-hailing customers who may also want to take the MBTA.

  • Reuters7 hours ago

    Insurance costs rocket for U.S. IPOs as twitchy investors take to courts

    A rise in securities class-action cases involving initial public offerings is spurring IPO insurers to double and triple prices for directors and officers coverage, or "D&O" coverage, insurers and brokers told Reuters. A $5 million policy that cost $200,000 in 2016 can now easily cost $500,000 to $600,000, said Paul Schiavone, head of North American Financial Lines for Allianz Global Corporate & Specialty, an Allianz SE unit.

  • Reuters7 hours ago

    More choice for IPO lawsuits in U.S. spur 200% increase in some exec insurance

    Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives against lawsuits alleging they misled investors. A rise in securities class-action cases involving initial public offerings is spurring IPO insurers to double and triple prices for directors and officers coverage, or "D&O" coverage, insurers and brokers told Reuters. A $5 million policy that cost $200,000 in 2016 can now easily cost $500,000 to $600,000, said Paul Schiavone, head of North American Financial Lines for Allianz Global Corporate & Specialty, an Allianz SE unit.

  • TheStreet.com7 hours ago

    Beyond Meat and Lyft Among Recent IPOs on a Wild Ride

    Trendy new IPOs always rock the boat, for a variety of reasons. A hyped-up IPO like Beyond Meat or Uber is likely to show sudden jumps or dips in share price because it simply hasn't been trading long ...

  • GlobeNewswire8 hours ago

    INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Lyft, Inc. and Encourages Investors with Losses in Excess of $500,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Lyft, Inc. (“Lyft” or “the Company”) (NASDAQ: LYFT) for violations of the federal securities laws. Investors who purchased the Company’s shares pursuant to and/or traceable to the Company’s Initial Public Offering in March 2019 (the “IPO”) are encouraged to contact the firm before July 16, 2019.

  • 5 Red-Hot IPO Stocks to Buy for the Long Run
    InvestorPlace8 hours ago

    5 Red-Hot IPO Stocks to Buy for the Long Run

    Coming into the year, everyone knew that 2019 was going to be a record year for the IPO market. You had big growth technology companies like Uber (NYSE:UBER), Lyft (NASDAQ:LYFT), Palantir, Airbnb, Slack, DoorDash and many others set to go public in a wave of huge tech IPOs that the market hadn't seen anything like since 2000. Beyond the volume of IPOs, Wall Street was also broadly excited for these companies to finally go public, as many investors viewed the big dogs in the 2019 IPO market as a group of long term winners.Fast forward six months. The 2019 IPO market has had massive success. But for different reasons than expected. Two of the larger IPOs of 2019 -- Uber and Lyft -- were duds. Offsetting weakness in those IPOs is tremendous strength from a plethora of smaller IPO stocks.In other words, while the 2019 IPO market is as red hot as everyone expected, it's the small guys that are making it red hot, not the big dogs.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the long run, the big dogs should catch up. But the smaller players will remain red hot, too. Wall Street is starting to realize just how many hidden gems there were in the 2019 IPO pipeline, and many of these hidden gems are in the first innings of multi-year growth narratives. * 7 Top-Rated Biotech Stocks to Invest In Today With that in mind, let's take a look 5 red-hot IPO stocks that should continue to run higher in the long term. Red Hot IPO Stocks: Beyond Meat (BYND)Source: Shutterstock Return From IPO: 568%At the top of this list is not just the hottest IPO stock of 2019, but the hottest IPO stock of the past decade, too. Plant-based meat producer Beyond Meat (NASDAQ:BYND) went public at $25 per share in early May. Just over a month and one earnings report later, BYND stock is up at $167, representing a more than six-fold increase in less than 30 trading days.Why the huge run up? Plant-based meat is the biggest trend in the food industry. As consumers are becoming increasingly aware of their own health, the environment and animal welfare, they are increasingly shifting away from animal based diets. The first pivot was in dairy. Now, plant-based dairy comprises north of 13% of total dairy sales. The next pivot is in plant-based meat, which comprises less than 1% of total meat sales today but is on an exponential growth track to 10%-plus share in the not-too-distant future.There are two companies at the epicenter of this plant-based meat pivot: Beyond and Impossible. Impossible isn't public. Beyond is. Thus, any investor seeking exposure to the huge plant-based meat trend has only one option: buy BYND stock. This dynamic, coupled with the fact that Beyond continues to report sizzling growth across all its channels, has pushed BYND stock up nearly 500%.This rally will inevitably cool. All trends are overhyped on the onset. The plant-based meat shift is no different. As the hype train cools, BYND stock will gave back some of its parabolic gains. But in the long run, plant-based meat is the future, Beyond Meat projects as a very important player in the plant-based meat market, and Beyond's growth trajectory will remain robust for a lot longer. That robust growth will ultimately drive BYND stock higher in the long run. Zoom Video (ZM)Source: ZoomReturn From IPO: 174%Next up, we have a technology company that is very quickly becoming an important player in the secular growth enterprise video conferencing market. Zoom Video (NASDAQ:ZM) went public at $36 per share in late April. The stock doubled in its first day of trading, trended higher over the next few weeks, and then shot up another 20% after its first earnings report as a public company. Net net, ZM stock is up 174% from its IPO price.Why the big run up in ZM stock? With Zoom, you have an exceptionally rare combination of big revenue growth, huge long-term potential and profitability. In the business world, there are a lot of really small companies out there growing very quickly, with a ton of room to keep growing for a lot longer. But most of those companies are running huge losses while they are spending an arm and a leg to grow. Meanwhile, there are also a bunch of bigger companies that are still growing very quickly and are profitable, but which have largely maxed out their market, and the runway for further growth is limited.Zoom takes the best of both of those companies and leaves out all the rest. Zoom is growing very quickly. They reported 100%-plus revenue growth last quarter. They are also very small, controlling less than 5% of the video conferencing market. On top of that, because the company operates at 80%-plus gross margins and controls spend well, Zoom is already profitable. * The 7 Best Tech Stocks to Buy for the Second Half of 2019 Investors can't get enough of this trifecta of big growth, long runway and profitability. In the near-term, ZM stock is slightly overvalued and overstretched and needs to retreat. But after that near-term retreat, the long-term uptrend will resume, mostly because these is visible runway here for Zoom to keep growing profits at a robust rate over the next several years. Pinterest (PINS)Source: Shutterstock Return From IPO: 67%The digital advertising world has a lot of viable players, many of whom are already public. Nonetheless, investors were excited to see Pinterest (NYSE:PINS) go public in late April. The stock went public at $17 per share. It zoomed to $35 by the end of April, and even though a disappointing earnings report has caused shares to come back to reality, PINS stock is still up more than 65% from its late April IPO price.The run-up in PINS stock is pretty easy to understand. Pinterest is a huge platform, with nearly 300 million monthly active users around the world. That number is still growing. By a lot. Last quarter, monthly active user growth was 22%. Further, those 300 million monthly active users are somewhat self-filtering, since the Pinterest platform itself attracts a unique and somewhat homogeneous demographic. Even further, it's easy to put visual ads on Pinterest, since everything is pretty much already a picture of a product or a place.Considering all that, then Pinterest should have no trouble building out its still nascent advertising business. At scale, that advertising business should be nearly as big as the ad business over at Twitter (NYSE:TWTR) since the two platforms have comparable size in terms of monthly active users. Yet, Twitter has a market cap of $30 billion. Pinterest has a market cap of $15 billion.Thus, the long-term growth potential for PINS stock -- assuming the company can successfully build out its ad business -- is enormous. Jumia (JMIA)Source: Shutterstock Return From IPO: 62%One of the lesser known but more explosive IPOs of the year has been that of African e-commerce giant Jumia (NASDAQ:JMIA). Jumia went public at $14.50 per share in early April. By late April, JMIA stock was trading hands near $50. The stock has since settled down amid a few short-seller reports, but it's still up more than 60% from its early April IPO price.The core growth narrative here is very simply and straightforward. Jumia is being hailed as the Amazon (NASDAQ:AMZN) of Africa, mostly because Jumia is Africa's most important and dominant e-retailer with a rapidly expanding logistics arm. Africa is the last frontier of the technology revolution. Internet penetration across the continent remain well below the global average, and the digital economy (including e-commerce) is still nascent. This won't remain true forever. Eventually, the tech revolution will come to Africa -- just like it came to Asia -- and it will produce an enormous growth opportunity.Jumia is at the center of all that growth. They are the biggest player, growing super quickly, with a retail footprint and logistics network that will be hard for any foreign competitor to replicate. As such, investors have looked at Jumia as a long term play on the secular growth Africa e-commerce market, and JMIA stock has consequently risen. * 4 Semiconductor Stocks to Sell But there have been some short-seller reports circulating which basically call Jumia a fraud. These claims have knocked the stock from its post-IPO highs. But these claims don't seem to hold much water in the big picture. In that big picture, regardless of near term noise, Jumia is the most important and biggest player in the rapidly expanding and potentially enormous Africa e-commerce market. In the long run, if Jumia can maintain its leadership position in that market, JMIA stock will head way higher. Revolve (RVLV)Source: Shutterstock Return From IPO: 128%The newest stock on this list is millennial-focused online fashion retailer Revolve (NASDAQ:RVLV). In early June, Revolve priced its IPO at $18 per share. RVLV stock opened trading at $25, up 40%, and closed the day at $34, marking a 90% move higher in the stock's first trading day.What's the all the hype about? Revolve is attacking the fashion game using a unique, more modern approach which has allowed the brand to win over millennial customers. This approach includes a few key pillars. First, they are online only, so that aligns with the e-retail trend. Second, they leverage social networks and influencers to grow reach and drive awareness, so that aligns with the fact that millennials spend most of their time watching their favorite influencers in various social media channels. Third, everything is data-driven based on millennial-centric data, so that allows Revolve to deliver an elevated millennial-focused shopping experience with a more relevant merchandise assortment.Put that all together, and it's no wonder Revolve has turned into one of the millennial generation's favorite retail platforms, that grew sales by over 20% through the first half of 2018.In the long run, this stock should head higher. Millennial consumers are growing up and making more money, meaning they are becoming an increasingly important driver of retail consumption. Those millennial consumers love Revolve. Thus, as they become bigger spenders over the next several years, they will spend more on Revolve, and Revolve's sales will continue to grow at a healthy rate. The company also operates around 50% gross margins, with positive and rising operating margins, so the outlook for robust profit growth is quite favorable.Ultimately, that robust profit growth should drive RVLV stock higher in the long run.As of this writing, Luke Lango was long UBER, LFYT, BYND, PINS, JMIA and AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 5 Red-Hot IPO Stocks to Buy for the Long Run appeared first on InvestorPlace.

  • ACCESSWIRE9 hours ago

    CLASS ACTION UPDATE for LYFT, CBL and ZUO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / June 17, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...

  • 3 of the Best Stocks to Buy Now
    InvestorPlace9 hours ago

    3 of the Best Stocks to Buy Now

    Last week's pause in the S&P 500 allowed many stocks to build out beautiful bullish chart patterns. In today's gallery, we will feature three of the best stocks to buy now.Traders looking for a catalyst behind the market's recent upside reversal need look no further than the path of interest rates. The residents of the Street are now pricing in three quarter-point rate cuts by Christmas. This is a massive turn in expectations relative to what carried us into 2019. Back then forecasters were looking for multiple rate hikes, not cuts, for the year.Provided the economy doesn't completely fall apart, easy money policy could be the engine driving the next leg of our bull market.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Top-Rated Biotech Stocks to Invest In Today Against this bullish backdrop, here are three of the best stocks to buy.Source: ThinkorSwim 3 of the Best Stocks to Buy Now: Advanced Micro Devices (AMD)Advanced Micro Devices (NASDAQ:AMD) clinches the top spot of today's selections for one simple reason. It has the cleanest setup with the best risk/reward offer of the bunch. For starters, the uptrend has been longlasting and consistent. Short of one hiccup, we've seen every dip bought and every breakout chased. In other words, buyers are behaving themselves and acting predictably.Volume during last week's retreat was average, lacking any urgency or signs of distribution. Also, the trend's momentum increased on the last upswing, suggesting bulls are still very much in control of the landscape. With multiple support zones looming beneath, the turn higher in AMD stock appears imminent.To capitalize, either sell the July $28 puts for around 90 cents or buy the Aug $30/$35 bull call spread for $1.76. The first trade offers a high-probability cash flow play, and the second is a more aggressive, directional play with more potential reward.Source: ThinkorSwim Amazon (AMZN)This month's rally in Amazon (NASDAQ:AMZN) was enough to turn its short-term trend higher. Heading into June, the tech titan sat below every major moving average. Now it's above all of them. AMZN stock is up 1% this morning and testing the high of the sideways base that formed last week. Consolidation zones like this allow stocks to digest recent gains and set the stage for sustainable upswings.A break above the upper end of the range at $1,890 could signal the next upswing is upon us. April's high of $1,964 is the next logical upside target. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 With implied volatility at the lower end of its one-year range, long premium plays offer a better risk/reward than short ones. Couple that with the lofty price tag of AMZN shares and I think call vertical spreads are the way to go. Buy the Aug $1,900/$1,950 bull call spread for $23. The risk is $23, and the potential reward is $27.Source: ThinkorSwim Lyft (LYFT)The chart of Lyft (NASDAQ:LYFT) is finally providing hope to shareholders tiring of the beatdown. Since bottoming at $47 in mid-May, shares of the ride-hailing service have climbed a respectable 31%. The rebound has been sufficient to carry LYFT stock back above both the 20-day and 50-day moving averages. It also places the company's shares on the cusp of completing a rounded bottom pattern which would support higher prices for weeks and even months to come.$63 is the spot to watch. It has acted as resistance multiple times over the past two months and marks the ceiling that needs to be cleared before the bottoming pattern is completed. The next resistance zone doesn't come into play until $75, so LYFT has plenty of room to run.Buying the Oct $65/$70 for $1.40 offers a cheap upside bet. Your risk is limited to the initial cost of $1.40, and the reward is $3.60.As of this writing, Tyler Craig held bullish options positions in AMD. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Tech Stocks to Buy for the Second Half of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 4 Semiconductor Stocks to Sell Compare Brokers The post 3 of the Best Stocks to Buy Now appeared first on InvestorPlace.

  • ACCESSWIRE10 hours ago

    Bronstein, Gewirtz & Grossman, LLC Class Action Update - AAC, CBL & LYFT

    NEW YORK, NY / ACCESSWIRE / June 17, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.

  • GlobeNewswire12 hours ago

    CLASS ACTION UPDATE for LYFT, CBL, AOS and RMED: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, June 17, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • Russell Rebalancing Expected to Boost Recent IPOs
    Investopedia14 hours ago

    Russell Rebalancing Expected to Boost Recent IPOs

    The rebalancing of the family of Russell indexes at the end of June will see a number of recent IPOs added, providing a temporary boost to those companies' shares.

  • GlobeNewswire2 days ago

    LYFT NOTICE REMINDER: ROSEN, A HIGHLY RANKED LAW FIRM, Reminds Lyft, Inc. Investors of July 16th Deadline in the Securities Class Action – LYFT

    NEW YORK, June 16, 2019 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lyft, Inc. (Nasdaq: LYFT) pursuant and/or traceable to the.

  • Barrons.com4 days ago

    The New Wave of Tech IPOs Brings Memories of 1999

    Internet growth is slowing, forcing investors to scramble for new growth areas. Enter Chewy, Fiverr, and CrowdStrike.

  • Lyft (LYFT) Dips More Than Broader Markets: What You Should Know
    Zacks4 days ago

    Lyft (LYFT) Dips More Than Broader Markets: What You Should Know

    In the latest trading session, Lyft (LYFT) closed at $60.96, marking a -0.41% move from the previous day.

  • 5 Top Stock Trades for Monday: MU, CHWY, GOLD
    InvestorPlace4 days ago

    5 Top Stock Trades for Monday: MU, CHWY, GOLD

    U.S. stocks retreated on Friday, but certainly haven't cratered over the last few sessions. It looks like the stock market is simply digesting its big gains from last week. Will this weekend or next week carry increased risk? We'll see. Until then, let's look at a few top stock trades. Top Stock Trades for Tomorrow 1: Micron Click to EnlargeMicron (NASDAQ:MU) is under pressure like most memory and chipmakers on Friday. However, that follows very discouraging action from this week, after MU stock topped out near $36. Already it's down almost 10% from those levels.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf it loses Friday's lows, it could be a slippery slope for Micron. In that case, a drop down to $30 could be in the cards. * Chewy IPO: 14 Things for Investors to Know If semis and tech catch a bid next week, see that Micron can hurdle $34 and its 20-day moving average. Otherwise, this one looks risky on the long side, particularly with a percolating trade war. Top Stock Trades for Tomorrow 2: Barrick Gold Click to EnlargeGold has been doing well as investors worry about the global economy. As such, miners like Barrick Gold (NYSE:GOLD) have been doing well too.The recent rally has taken GOLD right into range resistance. Of course, it's possible that the stock is able to breakout. But I'd rather play the move after the fact than bet on it happening beforehand.If range resistance is in fact resistance, look for GOLD to pullback into its 20-day to 50-day moving average range, between $12.82 and $13.07. A breakout over $14 could trigger a larger move higher. Top Stock Trades for Tomorrow 3: Chewy Click to EnlargeChewy (NYSE:CHWY) made its public debut on Friday, erupting from its $22 IPO price and opening at $36. Here are 14 things to know about the company.Shares are not exactly reminiscent of Lyft (NASDAQ:LYFT), as they back off the opening level highs, but they do share some resemblance. Investors are now trying to figure out if this IPO is going to be an Uber (NYSE:UBER)/Lyft debacle, or a Zoom Video (NASDAQ:ZM)/Beyond Meat (NASDAQ:BYND) situation. Truth is, no one knows.Risk-taking speculators can take a flyer on CHWY, banking that higher prices are here to come. At the end of the day though, trading day-one IPOs is really just speculation. No one really knows which way it will go.Just know its range. Over the IPO open price of $36 and CHWY can run to its day-one highs near $41 and possibly higher. Below its day-one low and shares can move lower, although I'd be surprised to see it down to $22 anytime soon. Trading this close to the IPO date isn't for me. Top Stock Trades for Tomorrow 4: Semiconductor ETF Click to EnlargeThe VanEck Semiconductor ETF (NYSEARCA:SMH) is under pressure Friday, falling about 2.5% thanks to the earnings results from Broadcom (NASDAQ:AVGO). The latter beat earnings estimates, but provided a tepid outlook as the trade war continues to weigh on its business.While AVGO was the catalyst Friday, a whole host of stocks will drive the SMH going forward. Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Micron and others will all have an effect.As for the ETF, the 50-day promptly rejected the SMH, while the 20-day could do little to buoy the name. That leaves the 200-day -- which didn't help much last month -- and last month's lows near $97.50 as the must-hold spot.Below those lows opens the SMH to a drop to the sub-$93 area. On a rebound, we need to see the SMH's series of lower highs (purple arrows) cease and for the SMH to clear its 50-day moving average.Bottom line: Watch the 200-day and last month's lows if the decline continues. Watch the 50-day and $109 if the SMH rebounds. Top Stock Trades for Tomorrow 5: Preferred Shares ETF Click to EnlargeThe iShares Preferred Stock ETF (NYSEARCA:PFF) has been on fire. But could the run be coming to an end?Once the PFF reclaimed its 10-week moving average, it has been on absolute fire. That was in the last week of December, by the way. In any regard, multi-year channel resistance is up near $37, while the MACD and RSI (blue circles) are suggesting momentum could be topping out as the ETF flirts with an overbought condition. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 That's not to say the PFF can't go to $37, $38 or even higher. Just that over the past few years, this resistance mark has generally kept a lid on the stock. Investors will likely keep buying on pullbacks into the 10-week moving average until it fails. If and when it does, a drop down toward channel support and the 50-week moving average could be in the cards.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AVGO and NVDA. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post 5 Top Stock Trades for Monday: MU, CHWY, GOLD appeared first on InvestorPlace.

  • Barrons.com4 days ago

    Slack Is Going Public as It Tries to Kill Email. The Stock Won’t Be Cheap.

    Slack is hoping to replace email and, so far, it’s succeeding. But private-market investors have already bid up the stock, which limits upside for new investors.

  • ACCESSWIRE4 days ago

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of LYFT, MOMO and CBL

    CEDARHURST, NY / ACCESSWIRE / June 14, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.