|Bid||27.47 x 900|
|Ask||27.54 x 1100|
|Day's Range||24.95 - 25.78|
|52 Week Range||23.05 - 35.29|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||28.00|
What has so far been a banner year for tech initial public offerings is expected to receive a substantial jolt Thursday when messaging platform Slack Technologies Inc. debuts in a direct listing.
Pinterest has strong underlying momentum, which has recently attracted some sell-side recommendations. Pinterest does not wish to be labeled as a social media platform, nor be recognized for providing online entertainment. Pinterest is more of a place to get inspired, for users to plan their dreams and seek out visual recommendations.
Three biotechnology companies, along with recent IPO Pinterest, are among our four charts to watch today. G1 Therapeutics Inc. (GTHX) jumped $4.75, or 24%, to $24.50 on 2.2 million shares traded Tuesday. The move, on over five times its average volume, came on news of encouraging data from the company’s Phase II study of its trilaciclib treatment for metastatic triple-negative breast cancer.
Early-stage biotech companies that have gone public have, on average, raised more money and performed better than biotech companies whose initial public offering came closer to when they brought a product to market.
Investors have been excited for a while now about the potential for a Palantir market debut, even though the company has yet to lay out any specific plans for an initial public offering.
Pinterest stands out against its text and video focused social media peers as it offers a "visual experience at heart" with the purposes of finding products that aren't possible through text, Arounian wrote in the note. This positions Pinterest well for the future of how consumers search for products online and represent a long-term differentiator.
shares rose after Wedbush analyst Ygal Arounian initiated coverage of the San Francisco photo-posting and -discovery company with an outperform rating and $33 price target. "Pinterest is unique to any other media platform in its visual search and discovery toolset and that advertising actually improves the consumer experience," Arounian wrote in a note. Arounian said Pinterest is early in its efforts to monetize the platform and has opportunities to grow the base of international markets from which it makes money.
An effort by Pinterest (PINS) to curb the flow of misinformation on its platform seems to be snowballing into a political debate. Pinterest has kicked off anti-abortion group Live Action from its platform, accusing it of promoting dangerous medical conspiracy theories.
Investing.com - Pinterest climbed Tuesday as investors continued to digest a note from Wedbush Securities hailing the company's "unique" social media platform that puts its on course to top $1 billion in revenue this year.
Shares of Pinterest Inc. are up 2.3% in premarket trading Tuesday after Wedbush analyst Ygal Arounian initiated coverage of the stock with an outperform rating and $33 target. "Pinterest is unique to any other media platform in its visual search and discovery toolset and that advertising actually improves the consumer experience," he wrote. "We view Pinterest as well positioned to capture greater wallet share due to the commerce intent-rich nature of the platform." Arounian said that Pinterest is early in its efforts to monetize the platform and has opportunities to grow the base of international markets that it makes money from. "Many key initiatives like its self-serve ad platform, international localization, shopping, and its catalogues product aren't expected to have meaningful impact until 2020," he wrote of the company's broader efforts. Pinterest shares have gained 4.3% over the past month, as the S&P 500 has risen 1.1%.
Coming into the year, everyone knew that 2019 was going to be a record year for the IPO market. You had big growth technology companies like Uber (NYSE:UBER), Lyft (NASDAQ:LYFT), Palantir, Airbnb, Slack, DoorDash and many others set to go public in a wave of huge tech IPOs that the market hadn't seen anything like since 2000. Beyond the volume of IPOs, Wall Street was also broadly excited for these companies to finally go public, as many investors viewed the big dogs in the 2019 IPO market as a group of long term winners.Fast forward six months. The 2019 IPO market has had massive success. But for different reasons than expected. Two of the larger IPOs of 2019 -- Uber and Lyft -- were duds. Offsetting weakness in those IPOs is tremendous strength from a plethora of smaller IPO stocks.In other words, while the 2019 IPO market is as red hot as everyone expected, it's the small guys that are making it red hot, not the big dogs.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the long run, the big dogs should catch up. But the smaller players will remain red hot, too. Wall Street is starting to realize just how many hidden gems there were in the 2019 IPO pipeline, and many of these hidden gems are in the first innings of multi-year growth narratives. * 7 Top-Rated Biotech Stocks to Invest In Today With that in mind, let's take a look 5 red-hot IPO stocks that should continue to run higher in the long term. Red Hot IPO Stocks: Beyond Meat (BYND)Source: Shutterstock Return From IPO: 568%At the top of this list is not just the hottest IPO stock of 2019, but the hottest IPO stock of the past decade, too. Plant-based meat producer Beyond Meat (NASDAQ:BYND) went public at $25 per share in early May. Just over a month and one earnings report later, BYND stock is up at $167, representing a more than six-fold increase in less than 30 trading days.Why the huge run up? Plant-based meat is the biggest trend in the food industry. As consumers are becoming increasingly aware of their own health, the environment and animal welfare, they are increasingly shifting away from animal based diets. The first pivot was in dairy. Now, plant-based dairy comprises north of 13% of total dairy sales. The next pivot is in plant-based meat, which comprises less than 1% of total meat sales today but is on an exponential growth track to 10%-plus share in the not-too-distant future.There are two companies at the epicenter of this plant-based meat pivot: Beyond and Impossible. Impossible isn't public. Beyond is. Thus, any investor seeking exposure to the huge plant-based meat trend has only one option: buy BYND stock. This dynamic, coupled with the fact that Beyond continues to report sizzling growth across all its channels, has pushed BYND stock up nearly 500%.This rally will inevitably cool. All trends are overhyped on the onset. The plant-based meat shift is no different. As the hype train cools, BYND stock will gave back some of its parabolic gains. But in the long run, plant-based meat is the future, Beyond Meat projects as a very important player in the plant-based meat market, and Beyond's growth trajectory will remain robust for a lot longer. That robust growth will ultimately drive BYND stock higher in the long run. Zoom Video (ZM)Source: ZoomReturn From IPO: 174%Next up, we have a technology company that is very quickly becoming an important player in the secular growth enterprise video conferencing market. Zoom Video (NASDAQ:ZM) went public at $36 per share in late April. The stock doubled in its first day of trading, trended higher over the next few weeks, and then shot up another 20% after its first earnings report as a public company. Net net, ZM stock is up 174% from its IPO price.Why the big run up in ZM stock? With Zoom, you have an exceptionally rare combination of big revenue growth, huge long-term potential and profitability. In the business world, there are a lot of really small companies out there growing very quickly, with a ton of room to keep growing for a lot longer. But most of those companies are running huge losses while they are spending an arm and a leg to grow. Meanwhile, there are also a bunch of bigger companies that are still growing very quickly and are profitable, but which have largely maxed out their market, and the runway for further growth is limited.Zoom takes the best of both of those companies and leaves out all the rest. Zoom is growing very quickly. They reported 100%-plus revenue growth last quarter. They are also very small, controlling less than 5% of the video conferencing market. On top of that, because the company operates at 80%-plus gross margins and controls spend well, Zoom is already profitable. * The 7 Best Tech Stocks to Buy for the Second Half of 2019 Investors can't get enough of this trifecta of big growth, long runway and profitability. In the near-term, ZM stock is slightly overvalued and overstretched and needs to retreat. But after that near-term retreat, the long-term uptrend will resume, mostly because these is visible runway here for Zoom to keep growing profits at a robust rate over the next several years. Pinterest (PINS)Source: Shutterstock Return From IPO: 67%The digital advertising world has a lot of viable players, many of whom are already public. Nonetheless, investors were excited to see Pinterest (NYSE:PINS) go public in late April. The stock went public at $17 per share. It zoomed to $35 by the end of April, and even though a disappointing earnings report has caused shares to come back to reality, PINS stock is still up more than 65% from its late April IPO price.The run-up in PINS stock is pretty easy to understand. Pinterest is a huge platform, with nearly 300 million monthly active users around the world. That number is still growing. By a lot. Last quarter, monthly active user growth was 22%. Further, those 300 million monthly active users are somewhat self-filtering, since the Pinterest platform itself attracts a unique and somewhat homogeneous demographic. Even further, it's easy to put visual ads on Pinterest, since everything is pretty much already a picture of a product or a place.Considering all that, then Pinterest should have no trouble building out its still nascent advertising business. At scale, that advertising business should be nearly as big as the ad business over at Twitter (NYSE:TWTR) since the two platforms have comparable size in terms of monthly active users. Yet, Twitter has a market cap of $30 billion. Pinterest has a market cap of $15 billion.Thus, the long-term growth potential for PINS stock -- assuming the company can successfully build out its ad business -- is enormous. Jumia (JMIA)Source: Shutterstock Return From IPO: 62%One of the lesser known but more explosive IPOs of the year has been that of African e-commerce giant Jumia (NASDAQ:JMIA). Jumia went public at $14.50 per share in early April. By late April, JMIA stock was trading hands near $50. The stock has since settled down amid a few short-seller reports, but it's still up more than 60% from its early April IPO price.The core growth narrative here is very simply and straightforward. Jumia is being hailed as the Amazon (NASDAQ:AMZN) of Africa, mostly because Jumia is Africa's most important and dominant e-retailer with a rapidly expanding logistics arm. Africa is the last frontier of the technology revolution. Internet penetration across the continent remain well below the global average, and the digital economy (including e-commerce) is still nascent. This won't remain true forever. Eventually, the tech revolution will come to Africa -- just like it came to Asia -- and it will produce an enormous growth opportunity.Jumia is at the center of all that growth. They are the biggest player, growing super quickly, with a retail footprint and logistics network that will be hard for any foreign competitor to replicate. As such, investors have looked at Jumia as a long term play on the secular growth Africa e-commerce market, and JMIA stock has consequently risen. * 4 Semiconductor Stocks to Sell But there have been some short-seller reports circulating which basically call Jumia a fraud. These claims have knocked the stock from its post-IPO highs. But these claims don't seem to hold much water in the big picture. In that big picture, regardless of near term noise, Jumia is the most important and biggest player in the rapidly expanding and potentially enormous Africa e-commerce market. In the long run, if Jumia can maintain its leadership position in that market, JMIA stock will head way higher. Revolve (RVLV)Source: Shutterstock Return From IPO: 128%The newest stock on this list is millennial-focused online fashion retailer Revolve (NASDAQ:RVLV). In early June, Revolve priced its IPO at $18 per share. RVLV stock opened trading at $25, up 40%, and closed the day at $34, marking a 90% move higher in the stock's first trading day.What's the all the hype about? Revolve is attacking the fashion game using a unique, more modern approach which has allowed the brand to win over millennial customers. This approach includes a few key pillars. First, they are online only, so that aligns with the e-retail trend. Second, they leverage social networks and influencers to grow reach and drive awareness, so that aligns with the fact that millennials spend most of their time watching their favorite influencers in various social media channels. Third, everything is data-driven based on millennial-centric data, so that allows Revolve to deliver an elevated millennial-focused shopping experience with a more relevant merchandise assortment.Put that all together, and it's no wonder Revolve has turned into one of the millennial generation's favorite retail platforms, that grew sales by over 20% through the first half of 2018.In the long run, this stock should head higher. Millennial consumers are growing up and making more money, meaning they are becoming an increasingly important driver of retail consumption. Those millennial consumers love Revolve. Thus, as they become bigger spenders over the next several years, they will spend more on Revolve, and Revolve's sales will continue to grow at a healthy rate. The company also operates around 50% gross margins, with positive and rising operating margins, so the outlook for robust profit growth is quite favorable.Ultimately, that robust profit growth should drive RVLV stock higher in the long run.As of this writing, Luke Lango was long UBER, LFYT, BYND, PINS, JMIA and AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 5 Red-Hot IPO Stocks to Buy for the Long Run appeared first on InvestorPlace.
Facebook (FB) Watch has now more than 720-million monthly and 140-million daily users, who spend at least one minute on Watch.
You're likely to have used their websites to improve things in your life. Now it's time to improve your wallet and buy internet stocks Pinterest (NYSE:PINS), Stitch Fix (NASDAQ:SFIX) and Etsy.com (NASDAQ:ETSY). That could possibly get you in on the next, next big thing on Wall Street. Let me explain.Most days in the internet space, it's all about tech giants Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB) or maybe Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). And with U.S. authorities now trying to crack down on those massive companies' business practices, that's even more true today. But it would be a mistake to see those internet stocks as the end all, be all.The fact is, while shopping on Amazon, socializing on Facebook or watching Alphabet's YouTube or searching Google are increasingly important to most people these days, internet stock up-and-comers PINS, SFIX and ETSY are making their own impact on consumers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 And if you've ever thought what it might be like to own the next, next big thing, the price charts and recent earnings reports suggest now is the time to consider investing in these three. Here's why. Internet Stocks to Buy: Pinterest (PINS)Recent IPO PINS stock is the first of our three internet stocks to buy. Pinterest is a wildly popular visual discovery platform which collects and shares ideas and activities to empower and improve its users' own experiences.Admittedly, the company's first earnings report as a publicly traded company didn't go over so well. Shares plunged nearly 13.5% following the report. But I believe Wall Street is being near-sighted.Pressure on shares tied to concerns over wider-than-forecast, but improving, losses trumped this internet stock's better-than-expected revenue growth of more than 52% year-over-year, and Pinterest's slightly above-views range guidance for its full-year outlook.After roughly a month to digest the report, PINS stock is trading back inside of the post-earnings reaction after a challenge of its all-time lows. As shares of this internet stock have also formed a small uptrend off the deep correction, there's reason to see this rally as having legs without being exposed to unnecessary risk.Buy Recommendation: Buy PINS stock through $27.50 with an initial stop-loss below $25.75. Etsy (ETSY) Our next internet stock to buy is ETSY. The company operates a commerce platform for businesses and individuals to make, sell and buy goods on and offline. An earnings beat and in-line, double-digit sales growth took a backseat to a wrongful death lawsuit after a baby suffocated while wearing a necklace purchased on Etsy.We still don't know the verdict on the case, but investors have passed judgment already. Technically, ETSY stock is sporting a very friendly looking price chart for bulls.On the weekly time frame, shares of this internet stock are forming a corrective cup pattern after successfully testing an irregular base-on-base formation. And as that price consolidation developed on top of a breakout from a massive deep base -- momentum traders aren't likely to experience any buyer's remorse. * 7 High-Quality Cheap Stocks to Buy With $10 Buy Recommendation: Buy ETSY stock above this week's high of $71.80. I'd suggest an initial stop-loss below $67. This minimizes losses and avoids potential pattern failure within the right side of the cup base. Internet Stocks to Buy: Stitchfix (SFIX)The last of our three internet stocks to buy is SFIX stock. It has been less than two weeks since Stitch Fix, an online personal styling service, knocked earnings and sales out of the ballpark. And as InvestorPlace's Dana Blankenhorn dutifully noted, the report all but proved the bullish narrative. The company's business model is working.What's also hard at work are shares of this internet stock, as the price action tries to piece together the bull case for investors.Since SFIX stock's initial gap reaction, shares have been in a holding pattern, consolidating slightly above levels where it sat exactly one year ago. With the small congestion also forming with the support of the 200-day simple moving average, a momentum entry looks like the way to position in Stitch Fix.Buy Recommendation: Buy SFIX stock above the pattern high of $30.54. I'd set my sights on $35 as a spot for initial profit-taking. That's within the prior earnings report's volatile price action. And relative to a blended stop beneath $27, it also looks like good business off and on the price chart.Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. . For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post 3 Hot Internet Stock Trades appeared first on InvestorPlace.
(Bloomberg) -- An effort by the social media company Pinterest to limit the spread of medical conspiracy theories has blocked one of the most prominent anti-abortion groups in the U.S. from sharing its content on the site. And it’s put the social media company squarely in the middle of today’s culture wars.The anti-abortion organization, Live Action, and conservative activist James O’Keefe allege Pinterest targeted the group for its abortion stance, not for the reasons the company claims. They say Pinterest’s actions -- first putting Live Action’s web domain name on a list of blocked pornography sites, then banning the organization altogether -- are part of a larger effort by social media companies to stifle conservative voices.The dust-up is the latest in a wave of conservative complaints of social media bias. Other big tech companies like Facebook and Twitter have also been accused by politicians and conservative media of stifling their viewpoints, something the companies have vehemently denied.“This is censorship,” said O’Keefe, who is known for a series of sting operations against liberal groups.In an emailed statement, Pinterest’s press office said it took action against the organization “several months ago for violating our misinformation policy related to conspiracies and health and not for any other reason.”Abortion PoliticsFacebook in particular has been at the center of social media debate. In early May, the company banned conspiracy theorist Alex Jones, as well as other far-right media personalities, including former Breitbart editor Milo Yiannopoulos. While conservatives complain of censorship, liberal groups argue the opposite: that social media sites carry too much misinformation.The names involved in the Pinterest saga are familiar ones in abortion politics.Live Action says it has one of the most dominant anti-abortion presences on the web, with more than 3 million viewers and readers. O’Keefe and Live Action president Lila Rose are both known for efforts to implicate Planned Parenthood clinics in misdeeds, by using hidden microphones or cameras and pretending to seek illegal or questionable kinds of help.O’Keefe’s stings have also targeted the now-defunct ACORN -- which had attracted Republican ire with its minority voter registration drives -- and National Public Radio, as well as Planned Parenthood. The efforts have been criticized for selective and misleading editing of results.Pinterest has had a policy of blocking content related to health conspiracies since 2017, according to the company. It employed it to block anti-vaccination sites beginning in February, which is also when the company put Live Action’s website on a list of blocked porn sites, according to documents provided to O’Keefe by a Pinterest employee. Facebook and YouTube have also cracked down on anti-vaccination content in recent months, claiming many of the posts create a real-world danger to those who may see them and avoid necessary medical treatments. According to documents provided to O’Keefe, the porn list also includes the conservative Zero Hedge and PJMedia websites. Sites on the list can’t be shared on Pinterest. The company did not respond to a request to verify the leaked documents, including the portions of the list O’Keefe published on his website, Project Veritas.Trouble PinningLive Action’s Rose said she had been hearing from people on the organization’s email list that people were having problems “pinning” Live Action content on Pinterest. “We had wondered if something was up,” she said. She learned about the porn list designation from O’Keefe.In an email to O’Keefe, Pinterest said the Live Action site had been “actioned” for “misinformation related to conspiracies and anti-vaccination advice," and not porn.Live Action is agnostic on vaccination, although it has published stories saying aborted fetuses have been used in making some vaccines, Rose said. The website includes a variety of posts calling abortion dangerous to women. The Pinterest email to O’Keefe also said the porn list was mislabeled.“Sometimes our internal tools have legacy names for the technology that enforces some of our policies,” the email said. “This technology was named years ago to combat porn, and has since expanded to a variety of content despite retaining its original internal name. We are updating our internal labeling to make this clear.”O’Keefe and Rose said Pinterest took Live Action off the porn list after getting a call for comment from Project Veritas.Hours later, though, Live Action got an email saying it had been suspended: “Your account was permanently suspended because its contents went against our policies on misinformation,” said the email provided by Rose. “We don’t allow harmful misinformation on Pinterest. That includes medical misinformation and conspiracies that turn individuals and facilities into targets for harassment or violence.”While conservatives complain of censorship, liberal groups argue the opposite: that social media sites carry too much misinformation.To contact the reporters on this story: Margaret Newkirk in Atlanta at firstname.lastname@example.org;Kurt Wagner in San Francisco at email@example.comTo contact the editors responsible for this story: Anita Sharpe at firstname.lastname@example.org, Steve MatthewsFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Online pet-products retailer Chewy is expected to price its IPO, and chipmaker Broadcom will report earnings Thursday.
Global financial markets are in rally mode after the U.S. and Mexico struck an immigration agreement to avert tariffs between the two countries. But, the global trade war is far from over. The U.S. and China have struck no such deal, and as of this writing, the big and ugly trade war between those two countries projects to get even bigger and uglier.So long as this trade war hangs around, it will provide a drag on financial markets.But, it won't provide a drag on every stock. Not every company has exposure to China, trade and tariffs. Some companies are null to mitigated exposure to those things, and as such, won't be weighed down as much by a trade war. They will continue to report solid and healthy numbers, and their stocks will rally in response.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs such, these are the stocks you want to buy for the foreseeable future, or so long as the trade war persists. * 7 High-Quality Cheap Stocks to Buy With $10 Which stocks fall into this basket of stocks to buy for their limited trade war exposure? Let's take a closer look. Facebook (FB)Source: Shutterstock The great thing about Facebook (NASDAQ:FB) in the current environment is that you have a $70 billion services revenue business, growing at a 20%-plus rate, that is blocked in China. At the same time, FB stock trades at just 23-times forward earnings.That's a healthy combination that should power over-performance in FB stock so long as the trade war sticks around. To be sure, Facebook isn't entirely exempt from the trade war. The higher tariffs go, the higher prices go for U.S. corporations. Most of those corporations can't afford to pass price hikes onto consumers, so they will absorb the tariff hit. In order to offset that hit, they may look to cut down on spend, including cutting back the ad budget.But, even if that happens, the Facebook ad budget likely won't get cut. Smaller, more experimental ad channels, like Snap (NYSE:SNAP) or Pinterest (NYSE:PINS), could get hit. Facebook won't, though, because it's the tried-and-true digital ad channel.All in all, then, Facebook is well isolated from trade war risks, and the business is still growing at a 20%-plus rate while the stock trades at a relatively cheap multiple considering that 20%-plus growth. Ultimately, that makes FB stock a good buy here. Five Below (FIVE)Source: Shutterstock Retail is broadly a bad place to be during the trade war, since a majority of U.S. retailers source their product from countries with lower labor costs, with the biggest of those countries being China. As such, retailers are at the epicenter of tariffs on China imports.But, discount retailer Five Below (NASDAQ:FIVE) is different from other retailers. First, this is a U.S.-focused retailer, so all of its sales happen in the United States. Second, this is a very strong and popular retailer, with comparable sales consistently running positive for several years. Third, this is a hyper-growth retailer, as the company is growing its store base by about 20% per year.Fourth, and perhaps most importantly, Five Below has successfully leveraged price hikes and renegotiated supply contracts to offset the impact of tariffs. As a result, sales growth has remained healthy, margins have remained resilient and both of those dynamics project to persist for the foreseeable future. * 10 Stocks to Buy That Could Be Takeover Targets In the big picture, then, FIVE stock is a good buy here because this is a super strong retailer that is successfully side-stepping tariffs. American Electric Power (AEP)Source: Riccardo Annandale Via UnsplashThe trade war promises to bring economic and financial market volatility. When economic and financial market volatility are on the rise, investors do two things: they hunt for stability, and they hunt for yield.U.S. utility giant American Electric Power (NYSE:AEP) provides both of those things. American Electric Power is arguably one of the most stable public companies in America, as the company provides electricity services to millions of Americans, none of whom are going to stop paying for said electricity services anytime soon because they all need electricity to survive in the modern world. Meanwhile, AEP stock simultaneously offers investors a healthy 3% yield, which looks exceptionally attractive next to a depressed 10-Year Treasury yield and in the face of slowing corporate earnings growth.All in all, AEP stock looks good here as a defensive play for risk-adverse investors looking to mitigate volatility and trade war exposure. Netflix (NFLX)Source: Shutterstock Much like Facebook, the great thing about Netflix (NASDAQ:NFLX) in the current environment is you have a hyper-growth services business that is blocked in China.Netflix is at the epicenter of the secular growth, over-the-top video mega-trend, which is sweeping across the globe. As a result, Netflix is growing revenues at a robust 20%-plus rate, with rapidly expanding margins, too. Importantly, this growth narrative has zero exposure to China, since Netflix is outright blocked in China. * 7 High-Quality Cheap Stocks to Buy With $10 Overall, then, Netflix stock gives investors exposure to a secular, 20%-plus revenue growth story without any exposure to the volatile and trade-impacted Chinese market. Demand for that exposure will go up so long as the trade war sticks around. As such, so long as the trade war persists, so will the uptrend in NFLX stock. Alphabet (GOOG)Source: Shutterstock Global internet search giant Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) falls in the same boat as Facebook and Netflix -- it's a hyper-growth services company with zero exposure to China.Much like Facebook and Netflix, Alphabet is a 20%-plus growth internet company supported by secular growth tailwinds in global urbanization and digitization. At the same time, the company makes most of its revenues from its services businesses (digital ads and cloud), and very little revenue from the hardware businesses like Google Home. Also, Google search and YouTube -- the two cores of Alphabet -- don't exist in China.In other words, as is the case with Facebook and Netflix, Alphabet offers investors exposure to a secular, 20%-plus global internet growth narrative with limited trade, tariff and China exposure.That is the exact type of exposure investors will flock to so long as the trade war persists, meaning that GOOG stock should fare well even in the face of rising trade tensions. Shopify (SHOP)Source: Shopify via FlickrSticking in the secular growth services theme, next up we have e-commerce solutions provider Shopify (NYSE:SHOP).Shopify provides e-commerce solutions to retailers of all shapes and sizes, so that they can create online stores and have the tools to succeed in an omni-channel commerce world. This growth narrative has caught fire over the past several years as the sharing economy has gained mainstream traction, and as e-retail has become increasingly decentralized and democratized. This narrative projects to remain on fire, too, as Shopify still only accounts for a fraction of the global retail sales pie.The trade war won't impact this narrative at all. Even if tariffs go up a whole bunch, and retailers are looking at higher input costs, they won't pull their Shopify spend. Why? Because Shopify is the platform that makes everything work for these retailers. Without Shopify, they don't have the tools to succeed in the digital world. Without those tools, retailers will suffer, meaning subscription revenue projects to keep rising for a lot longer. At the same time, consumers won't stop shopping in the digital channel, so transaction revenue will continue to march higher, too. * 7 A-Rated Stocks to Buy Under $10 As such, regardless of which way the trade war plays out, Shopify's growth narrative should remain broadly robust for the foreseeable future. This sort of unstoppable growth narrative is the exact type of narrative investors want exposure to at this point in time. Okta (OKTA)Cloud identity platform Okta (NASDAQ:OKTA) falls into the same boat as Shopify. This is a secular growth, small-cap services company with tremendous momentum at the moment, and this momentum will not be derailed by trade disputes.In a nutshell, Okta sells a cloud security solution that enables individuals to securely sign into any enterprise software system. This unique method of tackling digital and cloud security has gained traction and popularity over the past several years. As it has, Okta's growth trajectory has accelerated higher. Last quarter, the company reported 50% revenue growth.The trade war won't disrupt this growth narrative. First, Okta is a services business with minimal exposure to China. Second, digital security is increasingly becoming the most important and central feature of any enterprise, so a U.S. economic slowdown likely won't impact security spend on platforms like Okta by that much.In total, Okta is a hyper-growth internet services company with mitigated trade exposure, and it's a company that provides high-value services with resilient demand. That's a winning combination in today's market.As of this writing, Luke Lango was long FB, PINS, FIVE, AEP, NFLX, GOOG, SHOP and OKTA. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post 7 U.S. Stocks to Buy With Limited Trade War Exposure appeared first on InvestorPlace.
This is the year of the IPO, but what if you can invest before a company's public debut? Yahoo Finance's Zack Guzman & Heidi Chung, along with Women’s Wear Daily Business Reporter Kaley Roshitsh discuss with Netcapital Founder & CEO Jason Frishman.
Shares of Pinterest are seeing a pop after Wedbush initiated Pinterest, saying it's 'different than other social media platforms'. Moneygram is also up 130% after the company announced its teaming up with cryptocurrency company Ripple. Yahoo Finance's Ines Ferre breaks down the market action live from the NYSE.
The IPO bump is real. According to a new Redfin report, the housing market in San Francisco is quickly heating back up, and the recent round of tech IPOs seems to be the reason. Redfin chief economist Daryl Fairweather joins Yahoo Finance's Julie Hyman, Adam Shapiro and Rick Newman to talk about the impact of these tech IPOs on property values.
Slack released updated financials ahead of its IPO slated for June 20th, expecting 50% revenue growth for the current year. Yahoo Finance's Zack Guzman and Heidi Chung are joined by Nan Hayworth, former Congresswoman (R-NY), to discuss.