242.95 +0.52 (0.21%)
After hours: 4:04PM EDT
|Bid||242.90 x 900|
|Ask||242.97 x 1300|
|Day's Range||239.97 - 244.31|
|52 Week Range||100.87 - 246.85|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||99.07|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||217.87|
Shares of education technology specialist 2U plunging over 20% after reporting earnings for its fiscal first quarter. The company says it is upping marketing expenses to broaden brand awareness and looking to partner with key institutions. Yahoo Finance's Seana Smith and Brian Cheung discuss.
Get alerts to potential breakout stocks, along with technical analysis of the stock charts to see the best time to buy and what telltale signs to look for.
Paycom Software, Inc. , a leading provider of comprehensive, cloud-based human capital management software, will release its second quarter results after the market closes on Tuesday, July 30.
COO of Paycom Software Inc (PAYC) Jon Evans sold 2,100 shares of PAYC on 07/09/2019 at an average price of $240.47 a share.
With all the hand-wringing over inverse yield curves, slowing housing prices, stalling economic growth, and lingering trade wars, the Dow and the S&P 500 keep posting new records.One of the most encouraging signs for the market at this point is the fact that the Federal Reserve said it will step in and lower rates if necessary. That is an about-face from its attitude about the economy just six months ago.Also, President Donald Trump picked two more potential appointments to the Federal Reserve. One of the nominees, Judy Shelton, wants to lower interest rates to 0% in one to two years if appointed.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhile low interest rates don't benefit all sectors -- banks have a harder time making money on loans in a lower-rate environment, for example -- there are some that rise as rates fall. * 7 Retail Stocks to Buy That Are Down in 2019 The following seven A-rated stocks to buy for the rest of 2019 have some of those winners as well as others that are riding strong, long-term trends. Roku (ROKU)Source: Shutterstock Roku (NASDAQ:ROKU) started trading in the fall of 2017 at around $23 a share. It's now at $95. While that's certainly a solid run, its recent run is what's more impressive -- Roku is up 219% year to date and 111% in the past year.For a company with a $10 billion market cap, those are some pretty big numbers.It also shows that Roku is still auditioning as a strong tech blue chip in coming years. The market has lifted it up and pushed it down on more than one occasion, unsure if this rising streaming platform can compete with the big players in the sector.For now, Roku is doing very well. It went from a niche product that the first wave of cord-cutters adopted, to a brand widely recognized by the average consumer.It still has room to grow in the U.S. and has the rest of the world waiting. At the end of 2018, Roku's operating system was on almost 25% of TVs in the U.S., which is impressive for a young company playing against major television and online companies.That means it will continue to grow or a big firm will buy it out at a premium. Either way, stockholders win. Waste Management (WM)Source: Shutterstock Waste Management (NYSE:WM) is a waste collection, disposal and management company. No, it's not the sexiest sector out there, but it is certainly a necessary one, especially in an e-commerce, consumer-driven economy like the U.S.WM is one of the biggest players in this sector in North America. Most operations are local and WM has been consolidating collection services around the nation for many years.The biggest mover in WM's favor is the fact that many nations that previously accepted U.S. trash and recycling are no longer doing so. This has set off a scramble on what to do with all the waste.The U.S. doesn't have the facilities to recycle this trash, nor do most local firms have the space to dispose of it. This new challenge has raised prices and cut margins for smaller providers. * 10 Stocks That Should Be Every Young Investor's First Choice But WM is in a much better position. It has the option to move trash from one facility to another and use landfills that few have access to. That's why the stock is up 32% year to date and has plenty of headroom moving forward. Equity Lifestyle Properties (ELS)Source: Shutterstock Equity Lifestyle Properties (NYSE:ELS) is one of a handful of companies on the leading edge of a growing trend: manufactured homes and communities.In the old days, these were called trailer parks. These aren't the trailer parks of old, tough: they're gated communities with upscale amenities and well-constructed prefab homes.With many retiring generations under heavy debt loads and longer lifespans, these homes are becoming an attractive option for stretching retirees' dollars.What's more, ELS operates as a real estate investment trust (REIT) that collects the rents, mortgages, and fees, and then passes the net profit onto shareholders in the form of dividends.This is a relatively new trend but one that will likely continue as boomers leave the job market with little-to-no nest egg in record numbers. Up 35% in the past year and delivering an almost 2% dividend, this is an ideal market for REITs, especially in this sector. Alliant Energy Corp (LNT)Source: Shutterstock Alliant Energy (NYSE:LNT) has electricity and natural gas distribution operations in Wisconsin, Minnesota, and Iowa.Utilities are good choices for low-interest rate environments because they're capital-intensive businesses. They need to keep their facilities and far-flung equipment operational all day, every day. That means spending money.Because utilities are regulated business, where they can save money is a bonus to the company, consumers and shareholders. But the big money comes from the unregulated side: facilities that sell power and other utilities on the wholesale market to big clients.LNT has a solid market and this current heat wave is always helpful for energy demand, especially on the unregulated side where demand spikes mean other utilities need to reach out for more capacity. * 7 F-Rated Stocks to Sell for Summer Year to date the stock is up 18% and has a respectable 2.9% dividend. You don't want flash from your utilities, just steady, consistent growth. LNT is delivering that and should continue to as rates move lower. Paycom Software (PAYC)Paycom Software (NYSE:PAYC) has been on quite a run. It's in one of the most popular sectors right now, Human Capital Management (HCM).HCM is one of those new terms that basically means managing all aspects of a company's workforce, from recruitment to retirement.PAYC is a cloud-based HCM that encompasses the whole shooting match. One of its biggest selling points is that it doesn't need any customization to operate its extensive platform. It comes from a core, proprietary HCM database that allows clients to access their platforms on the cloud, so there is also complete mobility.The stock is up 134% in the past 12 months, and it's still trading at a current PE ratio of 96, which means investors see some big room for growth, even after its current run.What's more, the company is expecting the same. PAYC recently upped its guidance for the remainder of the year. Tractor Supply (TSCO)Source: Bfraser8 via Wikimedia (Modified)Tractor Supply (NASDAQ:TSCO) is like a Home Depot (HD) for farmers and rural Americans.The company was founded in Brentwood, TN in 1938 and has 1,700 stores in 49 states. It's likely you haven't heard of it unless you live outside the suburbs or city.Tractor Supply specializes in the needs of farmers, ranchers, suburban and rural homeowners, as well as contractors and tradesmen.Larger home improvement chains aren't really focused on that niche market and can't saturate a rural area as efficiently as TSCO can. It's stores are smaller but busy because there's always something that needs fixing or upkeep on a farm. * The 7 Top Small-Cap Stocks Of 2019 Plus, as more workers take advantage of working offsite, it means people are moving to more rural communities and getting to know their local Tractor Supply store.The stock is up 32% year to date and still remains a solid value. Essex Property Trust (ESS)Source: FlickrEssex Property Trust (NYE:ESS) is a REIT that has been around since the early 1970s.Its primary focus is apartment complexes on the West Coast. ESS currently has more than 250 complexes in Southern California cities where there is always demand for housing.Most of its properties skew towards the upper end of the market, but there is so much demand in the markets ESS focuses on that it doesn't have issues keeping properties rented.Since the financial crisis, younger generations have leaned toward leasing apartments rather than buying real estate. And even when they do buy property, they're doing it later. That provides a growing market with a longer tail for quality REITs like ESS.Plus, if you're not paying for upkeep on a home, paying a premium on a rental means extra amenities and better locations. This trend will not slow anytime soon.ESS is hot right now. Though it has been getting pricey, there's still a lot of bullish sentiment and its earnings are strong. Up 21% year to date and delivering a 2.6% dividend in a low-interest rate market, all things are going its way.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Are Down in 2019 * 7 of the Best SPDR ETFs -- Besides SPY and GLD * 5 Dividend Stocks to Buy From Across the Globe The post 7 A-Rated Stocks to Buy for the Rest of 2019 appeared first on InvestorPlace.
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
The S&P 500 recently closed out an all-time high of 2,954, while the Dow is also within touching distance of record territory. That’s excellent news for existing shareholders, but it does make finding new investing ideas a challenge. However, a deep analysis of stocks – covering everything from analyst activity to headline sentiment and even momentum – can turn up a few stock picks that are still primed to outperform. The Smart Score pulls together eight data sets – including the factors mentioned above – to create a rating that unites eight different equity insights.Here are three “Perfect 10” stocks to buy now, according to the Smart Score system. All three stocks boast the highest possible score of “10,” indicating that these stocks represent compelling investing opportunities right now. Let’s see why these stocks earn such high scores… Iovance (IOVA)Iovance Biotherapeutics is a clinical-stage biotech focused on developing immunotherapies to treat cancer. Specifically, the company is working on personalized tumor infiltrating lymphocytes known as TILs. What’s exciting is that Iovance's proprietary TILs are the first cell therapy to show significant efficacy in solid tumors. Right now the company is conducting phase II clinical trials assessing the efficacy and safety of TILs for patients with metastatic melanoma, head and neck cancer, as well as cervical cancer. Shares have more than doubled year-to-date, and as we can see below the stock scores a ‘perfect’ Smart Score of 10. Most notably, 9 analysts have published buy ratings on the stock in the last three months. So no hold or sell ratings here. Analysts reiterated their bullish calls after IOVA presented two posters at the annual meeting of the American Society of Clinical Oncology (ASCO), showing encouraging efficacy of TILs in melanoma and cervival cancer. “Iovance’s TIL products, LN-144 and LN-145, are continuing to deliver significant clinical promise in these two indications, and we believe investors are starting to recognize and reward it” wrote Chardan Capital’s Geulah Livshits following the event. Her buy rating comes with a $30 price target (41% upside potential). But that’s not the only datapoint in IOVA’s favor. The stock also boasts bullish blogger opinions, increased hedge fund activity and a very positive sentiment from investors. Five-star blogger Bhavneesh Sharma rates IOVA a buy. He explains that Iovance is being rumored as an attractive takeover candidate after breakthrough results of its TILs technology in advanced refractory cervical cancer. Netflix (NFLX)Streaming giant Netflix looks like a compelling investing proposition right now, according to its Smart Score. Indeed, top-rated Goldman Sachs analyst Heath Terry has placed Netflix on the firm’s elite Conviction List of top stock ideas. He wasn’t deterred by the company’s light second-quarter guidance, writing: “As Netflix’s content investments, distribution partnerships and marketing spend drive subscriber growth significantly above consensus expectations and the company approaches an inflection point in cash profitability, we believe shares of NFLX will continue to significantly outperform,” he said.“We remain Buy rated and raise our 12-month price target to $460 from $450 to reflect faster subscriber growth expectations, particularly in international markets.” From current levels that indicates upside potential of 24%.Terry is one of 24 analysts who have recently published NFLX buy ratings. That’s versus just 3 hold ratings and 1 sell rating. Encouragingly, Piper Jaffray’s Michael Olson has also just carried out a deep dive into Netflix’s second quarter. He revealed that his study of search trends suggests year-over-year 11.7% growth in US subscribers and 45.8% international growth. That easily beats Netflix’s guidance of 8.2%. for US subscribers, and international growth of 36.5%.Meanwhile, the company also enjoys Very Bullish news sentiment, blogger opinions, increased hedge fund activity and positive return on equity. News sentiment is buzzing as Netflix has just revealed that its new comedy caper “Murder Mystery” enjoyed the biggest opening weekend ever for a Netflix Film. According to the firm’s tweet, “30,869,863 accounts watched ‘Murder Mystery’ in its first 3 days.” Paycom Software (PAYC)Based in Oklahoma, Paycom is an online payroll and human resource technology provider. It is attributed with being one of the first fully online payroll providers and has offices throughout the US. Shares have exploded 84% year-to-date, thanks to strong earnings results and a guidance raise. The company reported revenue growth of 30% and adjusted EBITDA of $103 million. According to five-star KeyBanc analyst Brent Bracelin further growth lies ahead. He has just boosted his price target from $215 to $246. “Further analysis of the HR competitive landscape suggests the growth and improving margin profile at HR SaaS leader PAYC appears sustainable, particularly given roughly 70% of HR applications are still tied to on-premise deployments implying a long and stable growth runway” comments Bracelin. He raises estimates citing increased confidence in the company maintaining industry leading growth rate while improving margins.In addition, investors show Very Positive sentiment on PAYC, as do hedge funds and bloggers. Hedge fund gurus with promininent positions in the stock include both Ken Fisher and Joel Greenblatt of Gotham Asset Management. Discover more Top Smart Score stocks here
Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 9 percentage points since the end of the third quarter of 2018 as investors worried over the possible ramifications of rising interest rates and escalation of the trade war with China. The hedge funds and institutional investors we track typically invest more […]
Paycom Software Inc NYSE:PAYCView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NeutralShort interest is moderate for PAYC with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 6. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding PAYC are favorable, with net inflows of $1.46 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Bitcoin trading was active again Monday amid a solid gain for the Nasdaq. The tech-laden index was helped by strength in software and biotech stocks.
Paycom Software (PAYC) closed at $222.45 in the latest trading session, marking a +1.48% move from the prior day.
Paycom, ServiceNow, Upland Software, Kirkland Lake Gold, Workday, and PagSeguro are among 20 of the fastest-growing companies in terms of EPS growth.
See who joins Facebook, Paycom, Mastercard, ServiceNow, PagSeguro and Atlassian on this list of the fastest-growing large-cap stocks.
Intuit's (INTU) third-quarter fiscal 2019 results are likely to gain from the growing adoption of QuickBooks Online and Turbo Tax Live offering.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...