127.30 +1.12 (0.89%)
Pre-Market: 4:46AM EDT
|Bid||126.89 x 2900|
|Ask||127.29 x 1300|
|Day's Range||124.74 - 126.29|
|52 Week Range||93.96 - 131.37|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||28.03|
|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
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.
Almost two years ago to the day, I wrote about Twilio (NYSE:TWLO), questioning whether TWLO stock was worth $15 or $30.Source: Web Summit Via FlickrInvestorPlace - Stock Market News, Stock Advice & Trading TipsAt the time, Twilio stock was trading around $25 and had been on a volatile run in its first year as a public company, trading as high as $71 within the first 100 days of its June 2016 IPO. Investors were having a hard time figuring out if the communication platform-as-a-service (CPaaS) had enough growth in it to pave a pathway to profitability. I reckoned that it did. Twilio was adding customers at a significant clip to offset any loss of revenue from Uber (NYSE:UBER) which at the time -- in its pre-IPO status -- was looking to go in another direction with its cloud-based communication services. Also, Twilio's non-GAAP losses were getting smaller by the quarter. If it could improve GAAP or even non-GAAP profitability, TWLO stock would naturally go higher. * 7 High-Yield REITs to Buy (Even When the Market Tanks) At $30, I suggested TWLO stock owners hang tight despite the Uber defection. And then I forgot about it. I moved on to cover other cloud-based stocks, including Ceridian HRM (NYSE:CDAY), one of my favorites in the HR space. What's Changed?It turns out a lot has changed. For starters, TWLO stock closed yesterday at $137, more than 450% higher than in May 2017, for an annualized total return of 137%. TWLO premarket this morning is down more than 3% along with the broader market indexes.Secondly, it showed 154,797 active customer accounts at the end of March, 187% higher than a year earlier, and 280% higher than at the end of March 2017. Finally, in fiscal 2016, Twilio had a non-GAAP annual loss of 16 cents a share. In fiscal 2018, the loss had turned to a non-GAAP profit of 11 cents a share, a 169% improvement over the past two years. Add to this, the acquisition of SendGrid and its cloud-based marketing platform in February for $2 billion, and you've got the makings of a powerhouse in cloud-based services. So, a lot's changed, including its price-to-sales ratio, which in May 2017 was around 7.4; today, it's close more than 23, forcing many investors to take profits. Never Sneeze at a ProfitTaking profits in any market is always a subjective opinion. Some like to let their winners run and others want to get their cost out so they can play on someone else's dime. Regardless of where you sit on this, it's understandable to want to realize profits on a stock that's gained 58% year to date compared to the S&P 500 index's 13.8% gain.However, it's also important to consider why Twilio's P/S multiple has doubled since May 2017, before deciding to sell its stock.First of all, there's no question that cloud-computing -- public, private, and hybrid -- have taken off over the past two years, leading investors to pay more for cloud-computing stocks like Twilio. One only needs to look at the run-ups of both Microsoft (NASDAQ-:MSFT) and Amazon (NASDAQ:AMZN) shares over the past two years to know cloud-related stocks are riding a significant tailwind. Tailwinds do eventually fade, but this one appears to be in the early innings despite the tremendous growth in recent years. Estimates put the global cloud computing market at $300 billion by 2022, a compound annual growth rate of 12% over the next four years. * 7 Stocks to Buy for Over 20% Upside Potential As my colleague Luke Lango recently wrote, Twilio's got a lot going for it, including the fact that its services will go from a "want" to a "need" soon."The customer base is growing by over 30%. Revenues are growing by nearly 70%. The retention rate is 95% and up," Lango wrote on May 14. "In other words, everything is going right for this company, and it will continue to go right as the CPaaS market goes from niche to mainstream over the next several years."I couldn't agree more. Bottom Line on TWLO StockHere it is, two years after recommending Twilio stock, and it's clear that more growth is on the horizon for the company. Ultimately, that will lead to higher gross margins, operating margins, and GAAP profitability. Do I think TWLO stock is the perfect holding? No, I do not. However, when it gets to GAAP profitability, it will be pretty darn close. In my eyes, Twilio stock is still a buy.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post Twilio Stock Still Going Strong 2 Years Later appeared first on InvestorPlace.
ROTTERDAM, Netherlands, and REDMOND, Wash., May 23, 2019 /PRNewswire/ -- On Wednesday, Microsoft Corp. announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft's datacenters with green power for 15 years starting in 2022.
Richard Yu, CEO of Huawei's consumer business, said Huawei's own operating system for smartphones and laptops could be ready for use in China by fall this year.
The company's philanthropic efforts stretch across several sectors globally and accounts for more than $183.4 million in global cash giving.
Chris Davis ( Trades , Portfolio ) , portfolio manager of investment management firm Davis Selected Advisers, sold shares of the following stocks during the first quarter. Warning! GuruFocus has detected 4 Warning Signs with GE. The conglomerate, which operates in oil and gas, power and renewable energy, has a market cap of $86.86 billion and an enterprise value of $142.20 billion.
Amazon.com Inc said shareholders rejected proposals to curb and audit its facial recognition service on Wednesday, just as members of Congress indicated there was bipartisan support to one day regulate the technology. In the past year Amazon has found itself at the center of a growing debate over the use of facial recognition by governments, with critics warning of false matches and arrests and proponents arguing it keeps the public safe. Law enforcement in Oregon and Florida have used Amazon's face and image ID service, known as Rekognition.
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.
REDMOND, Wash., May 22, 2019 /PRNewswire/ -- On May 8, Microsoft Corp. announced the recipients of the 2019 Microsoft Supplier Program (MSP) Excellence Awards. The MSP Excellence Awards recognize excellence by Microsoft's top suppliers in performance, relationship, value, reduced risk, diversity, sustainability and impact sourcing. The MSP mission is enabling a compliant, capable and competitive supply base to deliver increasing value to Microsoft and its suppliers.
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.