|Bid||126.55 x 3100|
|Ask||126.56 x 1000|
|Day's Range||126.15 - 127.41|
|52 Week Range||93.96 - 131.37|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||28.13|
|Earnings Date||Jul 17, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||1.84 (1.41%)|
|1y Target Est||143.16|
Eight Microsoft interns have developed a new language learning tool that usesthe smartphone camera to help adults improve their English literacy bylearning the words for the things around them
Microsoft is a leader in the rapidly expanding cloud-computing market. Here is how Microsoft stock's technicals and fundamentals look before its Q1 report.
DXC Technology's (DXC) results in the fiscal fourth quarter benefit from strength in digital business. However, a weak legacy application services business and lower demand from Northern Europe and the U.K. are headwinds.
Stocks rebounded Friday as Boeing and Deckers Outdoor jumped and the Dow Jones Industrial Average fought to stave off a fifth-straight weekly loss.
Microsoft (MSFT) enters into agreement with Eneco to buy 90 MW of wind energy generated by the Netherlands-based Borssele III/IV project.
Microsoft (MSFT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Per the deal, Dolby Laboratories (DLB) will recreate old songs from Universal Music's catalog as well as produce newer ones across a wide range of genres.
Okta is not a household name Okta (NASDAQ:OKTA). It's clients are though. Over 6,100 organizations across industries, including Nordstrom, Inc. (NYSE:JWN), Slack, and Teach for America, use Okta to protect and manage the identities of their workforces and customers. Although this doesn't tie Okta stock to those companies' fortunes, it does give one a sense of its reach.From a technical perspective, investors might look to that 20-day moving average for resistance, which it bounced nicely off of early last week. Overall, OKTA stock has proved resilient. The company's YTD and 3-month returns speak volumes: 72 percent and 34 percent, respectively.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMore telling is that in the past one month, when trade war headlines have caused market turmoil, bringing the NASDAQ down almost 3 percent, OKTA stock has returned close to 15 percent. When it comes to picking winners, buying strength is a good idea in the late stage of the business cycle. * 6 Stocks to Buy for This Decade's Massive Megatrend OKTA Stock Finishes 2019 with a BangOkta's performance has been driven by real results and focused execution.Okta grew revenue grew 56 percent year-over-year. Importantly, subscription revenue grew 57% year-over-year. Recurring revenue increases indicate more stable income streams and new customers, demonstrating that their product continues to gain traction. In the fourth quarter, Okta saw a 50 growth in customers with over $100,000 annual recurring revenue. This is finishing off the fiscal year in extremely good form.Okta's investments in their early platform and the Integration Network have paid off. Increasingly, large corporate customers are going to Okta as the identity standard for both their workforce and customers. The Okta Identity Cloud is uniquely positioned to both help organizations realize their digital transformation initiatives and adopt a Zero Trust security posture.Q4 operating cash flow margin improved 860 basis points year-over-year; free cash flow margin improved 690 basis points year-over-year. Improved pricing and volume should result in continued margin increases.For the full year fiscal 2020, the company expects to grow revenues at a rate of 33 to 34 percent year-over-year. This is readily achievable and perhaps even on the conservative side. Okta Stock TAM Is UnlimitedFor the workforce, it used to be that identity was part of the stack. Currently, it is an independent and neutral platform. In the future, it will be an integrated, universal platform, and Okta is primed to be that provider.The cloud has changed everything on the customer side as well. It used to be that companies built identity management platforms themselves. Now, it has become a microservice with many providers. In the future, the trend is moving toward one standard, just like with the concept for the workforce. Here again with its hyper focus on its customer experience, the numbers prove that Okta is well-positioned to be that standard.Overall, the addressable market is huge. Enterprises and consumers covers everyone. So, that executing on that vast addressable market leaves ample growth runway for the company. Network effects are at play and should accelerate that expansion. M&A PotentialGiven OKTA's expansion and the popularity of its Active Directory, there a decent chance of OKTA stock getting acquired. I would put odds at fifty fifty that this catalyst occurs in the next few years. Something to keep in mind, at any rate.Recall that just last year Salesforce (NYSE:CRM) acquired MuleSoft, a similarly cloud-neutral company that built application networks. Its Anypoint Platform ended up becoming a part of the Salesforce Integration Cloud.At this point, Microsoft Corporation (NASDAQ:MSFT) would be a likely buyer. Both companies have similar philosophies on cloud and on-premises software, and under new management MSFT has demonstrated over the past several years that it has shifted its stance from away from an ultra proprietary attitude. As of this writing, Luce Emerson did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post What Makes OKTA Stock a Solid Bet Is both Growth and M&A Potential appeared first on InvestorPlace.
What's interesting about Alibaba (NYSE:BABA) is that it has been a much better company than an investment. It's hard to argue that Alibaba hasn't lived up to expectations since its IPO nearly five years ago. Yet it hasn't done all that much for the BABA stock price.Source: Shutterstock Since its first-day close just under $94, Alibaba stock has risen about 69%. That's good performance, certainly, suggesting roughly a 12% annual appreciation. But over that stretch, BABA has actually underperformed large-capitalization tech stocks, as measured by the NASDAQ 100. Amazon.com (NASDAQ:AMZN) has returned 472%. The 179% return in Tencent Holdings (OTCMKTS:TCEHY) is more than double the increase in BABA shares.Yet it's hard to argue that Alibaba as a business has been a disappointment. It's clearly, as many hoped five years ago, the dominant e-commerce player in China. Revenue for fiscal year 2019 (ending March) was more than seven-times higher than it was in fiscal 2014. Sales have grown an average of 48% over that period, including a 51% increase in FY19. Margins have compressed somewhat, but adjusted net income still has risen 230%.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend Alibaba has done its job, but it doesn't feel like it's been rewarded enough. The question is when, or if that will change. Recent trading suggests it might take quite a bit of time. Alibaba Stock Slumps After EarningsThe reaction to Alibaba earnings last week seems to highlight the problem for BABA. By any measure, Q4 earnings were close to spectacular. Both profits and revenue crushed analyst expectations. Dana Blankenhorn wrote that the report "blast[ed] away the bears". Luce Emerson said the quarter was "stellar."Those analyses all seem dead on. Yet the BABA stock price increased just 1.5% after the release. In the five sessions since, it's dropped over 10%. Shares are down 20% just since May 3rd.The obvious culprit is fear of a trade war and what it might do to the Chinese economy. But that's not the only explanation. Alibaba's chief e-commerce rival, JD.com (NASDAQ:JD), has seen its shares drop just 11% since the third of this month, with a strong earnings report of its own. Even Tencent shares are down less than 17%.One might think given its scale, its massive user base -- 654 million customers last year -- and its clear dominance in e-commerce, Alibaba stock might have some insulation from those broader fears. Yet it's underperforming other publicly traded Chinese companies. The Long-Term Problem for BABA StockBut, again, this isn't a one-time issue. Alibaba simply hasn't been that impressive an equity over time. Basically, investors have had one good year. That was 2017, when the BABA stock price skyrocketed 96%. Shares are now below where they traded before the beginning of 2018.One issue may be that some investors simply see too many risks with Alibaba stock. Indeed, I'm one of them, as I've written in the past. The Chinese economy still looks worrisome and remains Communist-controlled. A steadily weakening yuan certainly hasn't helped BABA or other China plays of late. Alibaba's accounting is opaque, to say the least. The VIE structure means U.S. investors don't actually own shares of Alibaba, but a Cayman Islands-listed entity.Those risks may be short-sighted as some bulls argue. But they also mean that every time the market gets nervous, BABA stock is going to sell off. The trading action of the last week isn't anything new. Alibaba shares, 2017 aside, simply haven't been able to maintain a consistent rally. How to Play BABAWhat's interesting about the long-running problem is that bulls very well could -- and likely do -- see it as a good thing. Continual pressure on the share price might cause short-term frustration. However, it also presents repeated buying opportunities.After all, there's a case that Alibaba stock is going to rise eventually as long as it keeps performing. And is it really that impossible to believe that BABA could at some point pass the likes of Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) and become the world's most valuable company? That's the uber-bull case for BABA: dominant share in the world's largest market means it could become the world's biggest company at some point.But even if Alibaba can get there, it's going to take some time, and quite a bit of patience. The risks here are real, and it's clear at this point that BABA stock is going to react to external factors as much as, if not more than its own performance. Put another way, if BABA stock can't gain after this type of earnings report, it's difficult to see what catalyst there might be.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post BABA Stock Will Need Some Help to Move Higher appeared first on InvestorPlace.
Stock investors looking for a way to outperform amid the trade war's major upheaval should look at Goldman Sachs' Hedge Funds VIP list.
Let's look at what investors should expect from some of the more notable tech companies still left to report: Veeva Systems Inc. (VEEV), Workday, Inc. (WDAY), and Palo Alto Networks, Inc. (PANW).
The world’s largest software maker still won’t comment on whether it is rescinding Huawei’s licence to use the Windows operating system. Huawei is one of several hardware vendors that make servers and equipment for Microsoft’s Azure Stack product, which helps companies run software applications on either a hybrid cloud service or in their own data centers.
The companies that paid out the most cash in the first quarter range from Australia’s BHP Group to Apple. Large dividend outlays often signal a company’s underlying strength, but investors can’t rely on that entirely.
At least seven stocks in the Dow Jones Industrial Average fell 3 points or more amid a broad sell-off. Defensive play Kirkland Lake Gold showed strength.
Investing.com - Stocks took a beating Thursday as investors worried that a U.S.-China trade war could drag on indefinitely and sap global growth.
When it comes to tech stocks, most investors think bigger is better. They believe the FANGs or dot-com survivors such as Microsoft (NASDAQ:MSFT) and Cisco (NASDAQ:CSCO) are the way to go in the sector. And there is some truth to that feeling. After all, these giants still produce billions in revenues, cash flows and profits. Heck, some of these giant tech stocks even pay hefty dividends these days.However, bigger may not be better. This is especially true when it comes to tech stocks.The truth is, the big boys aren't the always the ones dominating their respective technology subsectors. In fact, there are many small- and mid-cap tech stocks that are the leaders. Moreover, they offer a bigger opportunity to find above-average growth in both revenues and profits. And they are able to grow their share prices much faster than the bigger tech stocks as well. After all, doubling a $1 billion market cap is much easier than a $1 trillion one.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend For investors, the reality is, going small in the technology sector could be really smart and pay-off over the long haul. And these three small-cap tech stocks are the ones to buy. Domo Inc (DOMO)Source: Shutterstock Market-Cap: $989 millionThere's no secret that cloud computing is huge these days as Software as a Service (SaaS) platforms have become the rage with businesses. The problem is, there's just so many of these firms. How do you analyze data from your Salesforce (NASDAQ:CRM) applications and Amazon (NASDAQ:AMZN) AWS services at the same time.The answer is small-cap tech stock Domo (NASDAQ:DOMO).Recently IPO'd unicorn tech-stock DOMO provides analytic data solutions for the cloud. The best part is that it isn't trying to compete with the big tech names, but ties them together to provide customers the ability to get to the big picture. This strategy seems to be working, DOMO has more than 1,500 customers. And those customers are spending some big bucks for the firm's tech. Last quarter, billings at Domo rose 35% year-over-year and total revenues grew by 31%.Analysts expect that DOMO will continue to see continued success as more firms look to query their data across various platforms. And as the linkage between these platforms, the firm should be able to score additional customers and increase its offerings to existing ones. And yet, the firm still has only a $1 billion market cap. That leaves it plenty of room for capital appreciation. Box (BOX)Market-Cap: $2.82 billionThe collaborative workplace is here. Managing documents, products and other content across various locations and workers is now the norm for many businesses. Cloud computing specialist Box (NASDAQ:BOX) is facilitating that trend.BOX offers a variety of apps and programs designed to help businesses facilitate collaboration and storage of everything from emails to jpg files. The idea is that work can flow between customers and employees of the firm -- all on a secure network/platform. Enterprise seems to be keen on the idea -- with BOX courting major customers like General Electric (NYSE:GE) and AstraZeneca (NYSE:AZN). As a result, BOX has experienced some torrid growth over its history. Since 2016, the firm has experienced a 23% compound annual growth rate in its revenues. Moreover, the firm has posted positive cash flows for the last five quarters.And the gains can keep coming. BOX is currently working to score more contracts with the Federal Government to help with record safe-keeping and digitizing the government's workload. * The 7 Best Stocks to Buy From the IPO ETF Now could be the best time to strike on BOX shares. Poor guidance outlook -- thanks to the length of time it takes to score those government contracts -- has pushed down shares. But with a huge customer base as well as overall long-term growth, BOX seems poised to win and be one of the best tech stocks around. Etsy Inc (ETSY)Source: Meaghan O'Malley via Flickr (Modified)Market-cap: $7.58 billionBrand recognition is key when it comes to internet properties. And when it comes to hand-made, art and one-of-one objects, Etsy (NASDAQ:ETSY) is the leader. This even Amazon hasn't been able to compete in this arena.And it turns out, that brand is worth a lot.ETSY has now seen its eighth consecutive quarter revenue growth. And while that revenue growth did slip a bit last quarter, this shouldn't worry investors. Partly because Etsy's profits and margins have actually increased. The reason is that ETSY doesn't store inventory, it just serves as middle-man to facilitate transactions between craftspeople and buyers. And its moat and brand-name make it the go-to website to do that.Additionally, ETSY has been adding additional services to its menu of options. This includes promotion for sellers, facilitating transactions/personalized website design via its Pattern initiatives and more. As ETSY leans more on these products, revenues should once again resume and continue their pace of growth.In the end, ETSY has positioned itself to be one of the top online merchants and tech stocks. With a market cap of only $7.5 billion, there's plenty of potential down the road -- even buyout potential.Disclosure: At the time of writing, Aaron Levitt was long AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post 3 Small Caps That Could Be the Next Amazon Stock appeared first on InvestorPlace.
In a market that's near its all-time highs, there are a number of stocks like Adobe (NASDAQ:ADBE). There's little doubt that Adobe has an attractive business with excellent growth prospects. The argument comes down to what ADBE stock price should be.Source: Shutterstock ADBE stock isn't cheap. The company's guidance, which it updated after its strong Q1 earnings report, indicates that the price-earnings ratio of Adobe stock, based on expected fiscal 2019 adjusted earnings per share, is 35. Among 56 U.S.-listed stocks with a market cap over $125 billion, only three - PayPal (NASDAQ:PYPL), Netflix (NASDAQ:NFLX), and Amazon.com (NASDAQ:AMZN) - have a forward P/E ratio that's higher than ADBE's 28.4. * 6 Stocks to Buy for This Decade's Massive Megatrend But Adobe almost certainly belongs in that group. And in the context of its current growth and its opportunities, ADBE stock price actually doesn't seem excessive at this point. I've been a fan of Adobe stock for a long time, and ADBE stock has continued to rise for years. Right now, it doesn't look like that will change.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Why ADBE Stock Price Is Cheap EnoughOne simple comparison highlights why Adobe stock is, at worst, cheap enough to consider. Again, ADBE trades at 35 times this year's expected EPS, and 28 times analysts' average 2020 EPS estimate. For a large-cap software play, that's simply not that expensive.Indeed, look at Microsoft (NASDAQ:MSFT), an Adobe cloud partner and a long-rumored potential buyer of the company. Microsoft - even excluding its almost $8 per share in net cash - trades at 26 times analysts' average fiscal 2019 EPS estimate and over 23 times their FY20 consensus EPS estimate.Should Adobe stock be trading at a higher valuation than Microsoft stock? Absolutely. ADBE's growth going forward should be far more impressive. Adobe's adjusted earnings per share, according to analysts' average projections, should rise 23% next year, more than double Microsoft's anticipated increase. Both companies have benefited from the shift to cloud-based services, but Adobe has much lower exposure to flattish consumer PC revenue.This data doesn't mean ADBE stock price is cheap. Indeed, I was skeptical toward Microsoft stock for some time before turning bullish on it last year. The recent run of Microsoft stock to a near-trillion-dollar market cap makes MSFT once again somewhat dicey from a valuation standpoint.But the valuation gap between MSFT and ADBE stock is, at worst, reasonable. If Adobe 's EPS continues to rise at a 20%+ annual rate, that gap will disappear in just a few years. Put another way, 35 times this year's earnings for ADBE stock might sound expensive. But Adobe's EPS looks poised to reach $12 by 2021. At current levels, ADBE stock is trading around 23 times $12. A multiple of 23 times for ADBE stock sounds close to cheap. Growth Drivers for Adobe StockThe ADBE stock price is, at worst, in a range that will enable Adobe to grow into its valuation and then rise further. ADBE is not quite priced for perfection, as some may believe.If ADBE's growth continues, Adobe stock should rise and outpace the market. And there are plenty of reasons to expect that ADBE's growth will continue. Creative Cloud demand is only going to grow as creative jobs multiply amid the growth of streaming media and small businesses, i.e the customers of Shopify (NYSE:SHOP) and Etsy (NASDAQ:ETSY).ADBE's Experience Cloud - boosted by the acquisitions of Marketo and Magento last year - will continue to expand its addressable market and benefit from the increasing importance of data analytics and the increasing breadth of marketing channels, including digital marketing.Adobe should benefit from many of the trends that have driven tech stocks, in particular, to their current valuations. The shift to cloud? Check. Digital advertising growth? Check. Big data? Check . If an investor is going to pay up for exposure to those trends, ADBE stock is a logical choice for him or her. Watch the MarketThe biggest risk to ADBE, in fact, seems to be external. At some point, investors may bring stock valuations down across the board. (But I'd note that risk has been seemingly ever-present for the past decade,.) The ADBE stock price dropped by more than 25% in the market-wide swoon late last year, so it's not immune to broad market weakness.But any investor owning pretty much any tech stock at the moment is taking some sort of valuation risk. And there doesn't appear to be many tech stocks as appealing as ADBE. Adobe stock isn't cheap, but it shouldn't be, at least not yet. And if it keeps doing what it has been doing, $267 will seem cheap in retrospect.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Adobe Stock Should Keep Moving Higher appeared first on InvestorPlace.
This year, shares of Microsoft (NASDAQ:MSFT) are still up by about 25%. Despite a recent pullback of around 6% from its highs, MSFT stock remains notably overbought in the bigger picture and I see lower prices ahead.Source: Shutterstock On May 9 I initially floated a short side trade idea in Microsoft stock, highlighting its historic overbought readings on the charts. Since then, the stock has flashed a second so-called "bearish reversal" or "buyer exhaustion" signal and that warrants an update to the trade, which is still as valid as it was in early May. MSFT Stock Charts Click to EnlargeInvestorPlace - Stock Market News, Stock Advice & Trading TipsFor some perspective let us review the bigger picture chart, where we see that after a pullback in Q4 2018, Microsoft stock slipped into another major bullish leg, which by the second half of April brought it up to the longer-standing black line of technical resistance.At the bottom of the chart, we note that from a momentum perspective -- as represented by the MACD momentum oscillator -- the stock remains historically overbought.While any experienced market participant can tell you that overbought and oversold readings can last for quite some time before the stock price reacts, it is the rate of change to the upside over the past few months, i.e., the steepness of the slope that is most concerning to me.To be clear, I am not calling for a collapse in the MSFT stock price, but rather for more of a "reversion to the mean," i.e., a somewhat lower price move ahead. * 10 Names That Are Screaming Stocks to Buy Click to EnlargeOn the daily chart, things get really interesting. First, note that in April, Microsoft stock rallied into its earnings report, then gapped higher following the earnings results. However, that marked a peak in the stock, which a few days later on May 1 gave us the first bearish reversal day.MSFT stock then proceeded lower for another week or so before finding support in early May and bouncing for a few days. On May 17, the stock attempted to rally intraday, only to fail miserably and closing lower on the day. This was followed by a follow-through selling day on May 20.All of this now marks a well-defined area of technical resistance on the chart around the $130.50 area. Any push above there would be an automatic stop loss on any swing trading shorts.Shorting Microsoft stock makes sense around the $126-$128 area toward the first downside target at $123.50.My absolute favorite way to trade the type of set up we are seeing in MSFT stock is by using a simple but specific options strategy. I am holding a special webinar to teach this strategy to InvestorPlace readers. Register here.Attend Serge Berger's special webinar: The highest probability options strategy for income. Click here to register. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Trade of the Day: Microsoft Stock Is Ready for Another Bearish Reversal appeared first on InvestorPlace.
Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following in its footsteps. The business-chat company filed direct-listing paperwork on Friday.
The global health care market is among the AI industry's fastest-growing subsectors. Watch this transformation panel to find out how companies in this space are using big data analysis and AI to reinvent drug development, diagnostics and delivery, featuring a discussion led by CNBC.com reporter Chrissy Farr with insitro founder and CEO Daphne Koller, Microsoft Healthcare Corporate Vice President Peter Lee, Livongo president Dr. Jennifer Schneide and Fitbit co-founder and CEO James Park.