|Bid||675.90 x 1100|
|Ask||677.09 x 1100|
|Day's Range||666.73 - 681.00|
|52 Week Range||338.95 - 698.98|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 27, 2017|
|1y Target Est||676.19|
Thanks to the positive sentiment surrounding the U.S. and China signing a "phase one" trade agreement, several tech stocks have skyrocketed recently. That's not surprising considering that China is both a massive and still growing market for technological innovations. Nevertheless, investors may want to limit their exposure to the domestic space in favor of international names.For one thing, the U.S. equity sector has broadly and consistently outperformed its global counterparts over the last several years. Of course, this is not a guarantee that foreign companies will start beating out American competitors. However, markets generally move cyclically. Purely from a probability standpoint, it might make sense to consider international tech stocks.Furthermore, U.S. tech stocks exposed to geopolitical risks in a magnitude that you don't usually find with international counterparts. Let's face it: We're the world's sole superpower. And like it or not, it's our duty to support the cause of freedom wherever possible. But because of this moral mandate, we are necessarily involved in controversies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLong story short, our companies can be on the receiving end of unfavorable treatment, like in the U.S.-China trade war. However, some international tech stocks might avoid such geopolitically motivated troubles.Finally, international tech stocks have home field advantage. Although U.S. blue chips always have their eyes set on global expansion, international organizations best understand the nuances of their market or region. * 7 Healthcare Stocks With 100% Street Support So, if you're ready to step outside your comfort zone, here are seven international tech stocks to put on your radar. Mercadolibre (MELI)Source: Shutterstock E-commerce firm Mercadolibre (NASDAQ:MELI) is what I would call a time-capsule investment among international tech stocks to buy. Based in Argentina, Mercadolibre is actually the largest e-commerce platform in Latin America. Moreover, it leads in market share in the countries where it has a presence. In other words, MELI stock is beating out Amazon (NASDAQ:AMZN) in several emerging market nations.Because of its similarity to our homegrown e-commerce stalwart, most folks refer to Mercadolibre as the Amazon of Latin America. Personally, I think it's a fair comparison. However, MELI stock is a name you want to watch closely because the underlying organization is pushing beyond that title. The company sells merchandise, offers a merchant network platform, and has a payment processing service.Best of all, e-commerce adoption in Latin America is growing rapidly. Therefore, MELI stock is a long-term investment where patience can net huge returns. Embraer (ERJ)Source: Shutterstock When people think about aviation tech stocks, typically Boeing (NYSE:BA) and Airbus (OTCMKTS:EADSY) come quickly to mind. However, Brazilian firm Embraer (NYSE:ERJ) should also be on your list of publicly traded firms to watch closely. Perhaps most famous for its line of gorgeous executive airplanes, ERJ stock also has exposure to the lucrative defense market.But what makes Embraer stand out among international tech stocks is its innovative, envelope-pushing projects. Currently, the company has a partnership with Uber Technologies (NYSE:UBER) to develop aircraft for the transportation needs of tomorrow. While Uber has essentially catalyzed the ride-sharing phenomenon, it's not done: it wants to dominate the skies as well. That's a compelling reason to buy ERJ stock. * 7 Earnings Reports to Watch Next Week Want another reason? Historically, ERJ stock is undervalued. Since July of 2000, shares are actually down a bit. Basically, ERJ hasn't moved for 20 years. But a compelling partnership with Uber might change that. ASML (ASMLF)Source: Shutterstock I'm not really sure if you'd call ASML (OTCMKTS:ASMLF) a household name. But within the arena of international tech stocks, ASML is a true powerhouse. Headquartered in Veldhoven, Netherlands, the semiconductor firm has multiple corporate clients throughout the world. Chances are, if you used any modern digital device, you've used ASML products. Due to the organization's importance to the sector, having some exposure to ASMLF stock is likely a wise bet.A key driver for ASML is its innovations in lithography. This term describes "printing" unique patterns on silicon wafers via an advanced projection system. Furthermore, ASML is the world's sole tech firm that utilizes extreme ultraviolet light. Essentially, the company's next-generation technology allows it to imbue semiconductors with ever-increasing data capacities. And with multiple tech industries ranging from PCs to mobile devices clamoring for higher capacities, ASML stock is indefinitely relevant. Adyen (ADYEY)Source: Shutterstock Launched in the over-the-counter exchange early October of last year, Adyen (OTCMKTS:ADYEY) is by default one of the riskiest international tech stocks. Therefore, I'll warn you upfront and early that ADYEY stock is not for the faint of heart. Indeed, the disappointing environment surrounding much-hyped international public offerings should give you some pause.At the same time, ADYEY stock is undeniably compelling. Adyen started life as an idea to bring payments transactions for businesses under one cohesive umbrella. Given that Adyen is headquartered in the heart of western Europe, I can see why the founders got this concept. * 10 Recession-Resistant Services Stocks to Buy Later, the company evolved into an e-commerce, business solutions and data analytics platform. Basically, it's the European version of Square (NYSE:SQ). Now, I like Square's growth prospects in the U.S. and certain international markets. But Adyen may offer an understanding of the European business environment that gives it a distinct advantage. Therefore, a speculative but measured shot on ADYEY stock isn't a bad idea. Momo (MOMO)Source: Shutterstock Almost always, one of the justifications for buying China-based publicly traded companies is the underlying country's population size. At roughly 1.4 billion, China technically has the world's biggest addressable market for everything. But in my opinion, only few companies like Momo (NASDAQ:MOMO) can use this population statistic to its benefit.Momo is a video and social networking app. That said, investors know MOMO stock as the Tinder of China. Most people use Tinder as a dating service, and so it is with Momo despite it being a more broad-usage social app.Now, you understand why I think population size matters for MOMO stock. Demographically, the underlying company has hit a home run: approximately 80% of the app's users are between 19 to 32 years old. Many of these individuals will be interested in using its services to socialize and set up dates. Sony (SNE)Source: Shutterstock In many ways, Sony (NYSE:SNE) was the dominant consumer electronics player before Apple (NASDAQ:AAPL) ruined everything. First, Apple's iPod obliterated Sony's iconic Walkman, which by then turned into a physically hulking device. Later, the iPhone and iPad separated the two companies by several lightyears, leaving SNE stock as a sad shell of its former self.However, one look at the technical charts will confirm that Sony has found its way. In my view, one of the most compelling drivers for SNE stock is the Japanese tech firm's sensor technology. Featured in multiple smartphone brands, including the current-generation iPhone, Sony has impressed millions of mobile users across the globe. And it's set to do it again with even bigger, more powerful sensors for Apple's future iPhone 12. * 10 Stocks to Buy as the 2020 Presidential Election Approaches Lastly, you should consider SNE stock among your international tech stocks to buy for Sony's unfailing PlayStation business unit. Yes, over the last several years, the Japanese icon attracted much scorn. However, its PlayStation unit is a different animal. And with the PS5 console coming out later this year, SNE is a strong opportunity. Jumia Technologies (JMIA)Source: Shutterstock At the top of this list of international tech stocks to buy, I mentioned Mercadolibre, the Amazon of Latin America. I'm going to take it full circle with Jumia Technologies (NYSE:JMIA), which many people regard as the Amazon of Africa.Similar to Mercadolibre, JMIA stock has an extraordinarily fascinating broad-view narrative. Indeed, the African continent may represent the most compelling narrative. According to data compiled by Quartz Africa, the continent's "consumer e-commerce market, valued at $5.7 billion in 2017, is less than 0.5% of the continent's GDP, far below the global average of 4%."If you want to talk about an addressable market, Jumia Technologies has ridiculous upside potential. But will this translate to strong returns for JMIA stock?It might due to many efforts to bring African populations into the financial system. If and when they become banked, their access to e-commerce platforms will logically increase.However, the African market is largely a frontier one. Thus, a short-seller made sharp, though unverified accusations of fraud against JMIA stock. One thing is for sure: If you're going to gamble here, do so carefully.As of this writing, Josh Enomoto is long SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy as the 2020 Presidential Election Approaches * 5 Dividend Stocks With Low Payout Ratios and High Yields * 4 Post-Holiday Retail Stocks Still Worth a Look The post 7 Exciting Tech Stocks With International Flair appeared first on InvestorPlace.
PayPal stock has rebounded ahead of earnings due out late Jan. 29. Analysts expect updated 2020 guidance to include the $4 billion acquisition of consumer app Honey and Venmo services.
Stock Of The Day: MercadoLibre is near a buy point after big gains in 2019. The Latin America e-commerce and payments giant has booming revenue growth — and losses.
As stock performances go, PayPal's (NASDAQ:PYPL) gains in 2019 were probably a disappointment for shareholders.Source: JHVEPhoto / Shutterstock.com Normally, a 29% return on any stock, let alone one of the world's leading payment processors, would be considered a success.But 2019 wasn't just any year. The S&P 500 delivered its second-best performance of the decade, up 28.9%. Furthermore, while PayPal stock gained almost 30%, it lagged the S&P 500 Data Processing & Outsourced Services Index by 15 percentage points.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn 2020, with expectations much lower for the S&P 500 and markets in general, if PYPL were to deliver a repeat performance, the stock price would close the year around $140.Here are three things PayPal needs to do in the next 12 months to ensure PYPL stock hits $140. Partnerships Have to Reap RewardsOn Dec. 30, PayPal CEO Dan Schulman announced the company was expanding its partnership with Latin America's biggest e-commerce marketplace, Mercadolibre (NASDAQ:MELI), a stock I've long favored. * 8 of the Strangest Stocks Worth Your Time In March 2019, as part of a $1.8 billion equity offering by Mercadolibre to expand and grow its e-commerce business, PayPal invested $750 million in the Argentinian company. "Digital commerce in Latin America is experiencing tremendous growth and MercadoLibre is well-positioned for continued leadership," Schulman said at the time. "We've been impressed with the digital commerce and payments ecosystem Marcos [Galperin, MELI CEO] and his team have built."However, that was just an investment.2019's end-of-the-year announcement expands the relationship to include PayPal as a payment option for online checkout via Mercado Pago in Brazil and Mexico. In addition, PayPal will be accepted in the MercadoLibre marketplace in Brazil and Mexico for cross-border purchases.As a result, PayPal's 300 million customers can now use the payment processor to buy stuff online in two of Latin America's largest commercial markets.I said in November that if you could afford to buy both PYPL and MELI, you should. Based off December's announcement, I would double down on that sentiment.In the year ahead, I want to see tangible progress from this partnership. If we do, PayPal's valuation multiples could start to creep higher, a necessity if PYPL stock is to hit $140, let alone $200. Additional Revenue Streams for PYPLPayPal announced Jan. 6 that it had completed the $4 billion purchase of Honey, a Los Angeles-based digital shopping and rewards platform."The addition of Honey to our platform enables a significant step forward in our commitment to provide powerful services and tools for merchants and consumers, move beyond our core checkout proposition and significantly enhance the shopping experience for our 300 million consumers and merchants," Schulman stated in a company release. Whether we're talking about PayPal, Square (NYSE:SQ), Shopify (NYSE:SHOP), or any of the other fintech companies participating in and around e-commerce, they all want to offer as many products or services to merchants and customers as they possibly can.The Holy Grail of e-commerce is to become a one-stop shop for merchants and buyers alike. We're not there quite yet, but moves like acquiring Honey bring PayPal that much closer. Business Insider contributor Mike Jaconi said it best in a Jan. 7 opinion piece:"When it comes to loyalty, every company, from multi-billion-dollar businesses like Amazon to your favorite mom-and-pop coffee shop, wants to do the same thing: Convince you to come to them first -- and not their competitors -- as frequently as possible."Honey's entire business model is built on driving commerce. Now, not only can Honey influence what people buy, but it can also influence how they buy those products.That's huge. In 2020, I'll be watching Honey's overall effect on PayPal stock. Continue to Monetize VenmoOne of the things Sanford Bernstein analyst Harshita Rawat would like to see from PayPal in 2020 is further monetization of Venmo, its peer-to-peer payment system. Toward the end of 2019, reports surfaced that Venmo was losing users to Square's Cash App, a sign that the stakes might be higher for PayPal in 2020. According to Macquarie analyst Dan Dolev, Cash App is doing well in Venmo strongholds such as New York, California and Massachusetts. Up until now, Venmo's owned the markets on both coasts, with Cash App ruling in the South and Midwest. However, with new features being introduced such as commission-free stock trading, Cash App is getting the attention of new user demographics, forcing Venmo to keep pace.In the year ahead, I'm not so concerned with the monetization of Venmo as I am about user base losses. Square is catching up, and while I like both stocks, that ought to be a big concern for PYPL shareholders. The Bottom Line on PayPal StockIn 2019, Square stock was soundly beaten by PayPal. In 2020, I think the battle between the two payment processors is going to be a lot closer. Who will win? I couldn't tell you. Long-term, I like PYPL stock. But if PayPal takes care of these three issues, I think it's got a shot at hitting $140.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 of the Strangest Stocks Worth Your Time * 7 Stocks to Buy That Trump's Tax Cut Truly Rewarded * 5 Stocks That Could Double in 2020 The post Three Things PayPal Stock Needs to Do to Hit $140 in 2020 appeared first on InvestorPlace.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
MercadoLibre (MELI) is currently plagued with rising expenses, which makes it an unsuitable investment pick. Instead investors can consider these three e-commerce stocks with strong fundamentals.
2019 has been a banner year for U.S. stocks with the Nasdaq Composite Index gaining about 34%. The rally was mainly driven by trade optimism and a dovish Fed.
Mohawk Group Holdings, Inc. Uses Algorithms to Design Products Such as the hOmeLabs Beverage Refrigerator and Cooler Mohawk Group Targets Consumer Product Categories Where Rating Trumps Brand Mohawk Uses AI to Improve Products, Market and Price Them Optimally Mohawk Only Months Away from Positive EBITDA Mohawk Trades at Deep Discount to High-Growth Technology Companies By […]
We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can...
We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds' top 3 stock picks returned 39.1% this year and beat the S&P […]
Yaniv Sarig, President and CEO of Mohawk Group Holdings, Inc. By Yaniv Sarig For any retail executive, a simple glance at sales trend reports can cause massive handwringing about the state of the retail industry. And for sure, there is reason for some of this doom-and-gloom. On the surface, the statistics can be daunting. In […]
Which stocks are investors thankful for? The answer is clear: massive growth stocks. This is because these names demonstrate the potential for plenty of share price growth. We don’t just mean in the short-term. No, we’re talking over the course of the next few years. However, no one said finding these stocks with stellar growth prospects was going to be easy. At the end of the day, any investment is accompanied by some degree of risk, with no sure-fire way to predict which names will come out on top. So what’s an investor supposed to do?One option is to take advantage of TipRanks.com. The platform’s wealth of market data arms investors with the information they need to see the bigger picture. During our own search, we used the platform to zero in on 3 stocks primed to outperform the market in the coming year and beyond.Let’s dive right in. Mercadolibre, Inc. (MELI)Mercadolibre was developed as an online marketplace for consumers in Latin American countries, with it now expanding its services to cater to the region’s under-banked community through its digital payments system, Mercado Pago. Given that $13.4 billion worth of goods are sold on the marketplace as well as its 93% year-to-date climb, it’s no wonder Wall Street is intrigued. After its third quarter earnings release, its growth story sounds even more promising. In terms of total payment volume (TPV), MELI flew past the $7.2 billion consensus estimate, with the figure coming in at $7.6 billion. In local currency, this amounts to a 190% increase for off-platform and a whopping 300% gain for digital wallet. On top of this, the company was able to add 1.6 million active payers. That being said, the postal strike in Brazil did take a toll on gross merchandise volume (GMV) by $35 million. In spite of this obstacle, GMV still gained 37%, up from 33% in Q2. While some expressed concern regarding its realized EBITDA margins of -9%, J.P. Morgan analyst Andre Baggio notes that this is a result of MELI’s investment back into the business. “Most of the year-over-year pressure came from a 9pp increase in branding initiatives inside marketing expenditure, which is not used to boost short-term results but rather to help build a stronger brand for the future. On top of marketing, MELI is also investing more in fulfillment and credit,” he commented.The four-star analyst added, “We see MELI as very well positioned in the Latin American e-commerce and Fintech environments.” To this end, he kept his Overweight rating while reducing the price target from $750 to $700. Even at this lower target, Baggio thinks shares could surge 24% over the next twelve months. (To watch Baggio’s track record, click here)Similarly, other Wall Street analysts have been impressed by MELI. It earns a ‘Strong Buy’ consensus rating thanks to the 7 Buys and 1 Hold assigned in the last three months. In addition, the average price target of $692 implies 22% upside potential. (See Mercadolibre stock analysis on TipRanks) JD.com, Inc. (JD)The Chinese e-commerce company just posted an earnings beat of monster proportions. As a result, several members of the Street believe that now is the time to add JD (up 53% year-to-date) to your shopping cart.To kick off its third quarter earnings announcement, JD reported that revenue had grown at its fastest rate since Q2 2018, up 29% year-over-year. Not to mention even with the intense competition it faces in the space, annual active users increased by 13 million, with the new total landing at 334 million, and monthly active users were up 36%. Credit Suisse’s Tina Long argues that JD’s focus on gaining users from “lower-tier” cities could drive this figure to further accelerate. She cites the fact that “(1) 70% of new users are from lower-tier cities; (2) Order and GMV growth in lower-tier cities was the highest in the past six quarters; (3) It performed particularly strongly in large ticket sized items like electronics & home appliances. Avg. ticket size in lower-tier cities was Rmb200, higher than peers” to back up this conclusion. As a result, she maintained her bullish call and bumped up the price target from $41.40 to $43.50, suggesting 36% upside potential. (To watch Long’s track record, click here)Meanwhile, Alex Yao of J.P. Morgan reminds investors that the year-over-year decline in GPM and weak net margin guidance don’t impact the strong profit growth outlook. “We suggest investors focus on profit growth: 1) the GPM YoY decline in 3Q19 didn’t affect the solid OPM YoY improvement (2.2% from 0.6%); 2) higher revenue growth can also lead to solid profit growth even if JD sacrifices discretionary profit; and 3) acquiring more new buyers is positive for longer-term upside,” he explained. This prompted the four-star analyst to stay with the bulls, boosting the price target by $1 to $43. (To watch Yao’s track record, click here)When it comes to the rest of the Street, the consensus is split right down the middle. 3 Buys and 3 Holds add up to a ‘Moderate Buy’. Based on the $39 average price target, the potential twelve-month gain is 23%. (See JD.com stock analysis on TipRanks) Yandex N.V. (YNDX)Yandex is a Russian internet and technology company that operates a popular search engine. On the heels of its announcement that it will be updating its corporate governance, some analysts are standing firmly behind YNDX, stating that the company’s 48% year-to-date growth is just the beginning. In order to align its corporate governance with country interests, the Priority Share, which is currently held by Sberbank, will get more rights and will be held by the Public Interest Foundation (PIF). The PIF is set to be governed by a board of 11 directors, including members from the five top Russian universities, three non-governmental institutions and the company’s three representatives. These new rights include the option to prevent a single entity from accumulating economic or voting interests in Yandex of 10% or more, down from the current 25% level, to make binding nominations for two members of the board, to temporarily replace the General Director of the Russian subsidiary and appoint the Interim General Director in special cases and Class A shareholders will be assigned with additional rights, including a requirement to get an approval from them for certain material transactions. Founder and CEO Arkady Volozh will also see his stake be moved to a family trust, with shares no longer being converted into Class A upon his death.UBS analyst Ulyana Lenvalskaya sees the changes as a good thing for YNDX shares. “We think the proposed changes i) address the single-man risk/outline a clear succession plan and ii) create a new layer of Russian IP and data protection; as a result recently intensified regulatory pressure on Yandex is likely to diminish, we believe,” she noted. Bearing this in mind, she reiterated her Buy rating and $54.30 price target. This conveys her confidence in YNDX’s ability to rise 34% in the next twelve months. (To watch Lenvalskaya’s track record, click here) Looking at the consensus breakdown, 2 Buys published in the last three months compared to no Holds or Sells amount to a ‘Moderate Buy’. Its $52 average price target also implies 29% upside potential. (See Yandex stock analysis on TipRanks)
MercadoLibre's (MELI) third-quarter results benefit from solid total payment volume growth and strong momentum across all the regions. However, increasing expenses remain a woe.
MercadoLibre (MELI) delivered earnings and revenue surprises of -9800.00% and -0.31%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Investing.com - MercadoLibre (NASDAQ:MELI) reported third quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
Net Revenues of $603.0 million, up 90.5% YoY on an FX neutral basis$7.6 billion Total Payment Volume, up 94.5% YoY on an FX neutral basis$3.6 billion Gross Merchandise Volume,.
We’re at the height of the earnings season, and the reports are coming in think and thin. Watch closely, because markets will react quickly should a company report unexpected results. And those surprises don’t have to hurt, either. So far, about half of the S&P 500 firms have reported quarterly results, and so far, those results are about 2% above the estimates. It’s good news, considering investors had expected a slow season.You can keep track of your favorite stocks using TipRanks Earnings Calendar. This handy tool offers a convenient calendar showing exact reporting dates for over 5,500 stocks. Click on the one you like, and you’ll get the nitty-gritty details – the consensus EPS forecast, the period covered, the year-ago results, plus a clear chart showing the last two years’ actual results.We’ve opened up the calendar and found a "strong buy" stock reporting earnings today after market close. MercadoLibre (MELI)So much attention goes to the American tech companies that it’s easy to overlook other markets. Which is too bad, because there are plenty of great stocks in the foreign markets. MercadoLibre, a leader in the Latin American e-commerce industry, is one of those. This Argentine company incorporated in the US and trades on the New York Stock Exchange. This year marks its twentieth year in business.It’s been good business, too. MercadoLibre boasts over 175 million users, and brings in over $1.2 billion in annual revenues. The company operates five divisions, including an e-commerce platform, an advertising platform, and financial services. MercadoLibre processes more than 140 million annual transactions and handles both the seller and customer ends of e-commerce.Putting pressure on the company are the results of Argentina’s recent election. The defeat of the business friendly Macri government raises fears that the new government may push anti-capitalist policies and restrict growth. Still, the forecast for Q3 is strong, and MercadoLibre has resources to weather a storm. Analysts expect to see over $604 million in quarterly revenue, or 70% year-over-year growth. Even better, the 2-cent EPS forecast will effectively cancel last Q3’s 23-cent loss.4-star analyst Andre Baggio, of JPMorgan, sees MELI as a growth prospect. He writes, “We are Overweight on MercadoLibre, as the company presents a unique combination of leadership on e-commerce coupled with accelerating growth on FinTech. Moreover, MELI showed impressive resilience to macroeconomics slowdown, being able to sustain growth even in unfavorable conditions.” Baggio’s $750 price target suggests an impressive 38% upside for the stock. (To watch Baggio's track record, click here)The Street largely seems to echo Baggio’s positive sentiment, considering TipRanks analytics showcase MELI as a Strong Buy. Out of 11 analysts polled by TipRanks in the last 3 months, 9 are bullish on MercadoLibre stock, while 2 remain sidelined. With a potential upside of about 31%, the stock’s consensus target price stands at $700. (See MercadoLibre stock analysis on TipRanks)To find good ideas for technology stocks trading at fair value or better, visit TipRanks’ Best Stocks to Buy tool, a newly launched feature that unites all of TipRanks’ equity insights.