58.92 -0.29 (-0.49%)
Pre-Market: 4:15AM EDT
|Bid||58.95 x 1400|
|Ask||59.44 x 1800|
|Day's Range||58.60 - 59.87|
|52 Week Range||41.91 - 60.74|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||12.45|
|Forward Dividend & Yield||0.37 (0.62%)|
|1y Target Est||70.40|
When Sony last week returned to Japan’s biggest consumer electronics show for the first time in six years, its booth stood out for the products that were missing. In the place of its Bravia television, ...
Advanced Micro Devices (NASDAQ:AMD) continues to earn business as it becomes an increasingly competitive threat to its rivals. However, over the last year, traders appear to have priced in the company's increasing prominence. Consequently, AMD stock has formed a price ceiling that continues to hold.Source: Grzegorz Czapski / Shutterstock.com However, in recent weeks, the stock has fallen to the lower end of its range. Given this decline, investors may benefit from a possible trade, or with a little patience, open a long-term position. AMD Stock Falls as Company Wins New BusinessAMD scored another coup as Microsoft (NASDAQ:MSFT) agreed to use AMD's Ryzen 5 and Ryzen 7 chips in the Surface Laptop 3. This represents another victory over Intel (NASDAQ:INTC), the long-time rival that dominated AMD during the PC era.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Reasons to Buy Canopy Growth Stock These victories have also gained the attention of analysts. Sony (NYSE:SNE) will also use AMD chips in its soon-to-be-released PlayStation 5. This just attracted the attention of Citic Securities. It initiated coverage on AMD stock, giving it a "buy" recommendation and setting the one-year price target at $35 per share.Such wins bolster what our own Dana Blankenhorn refers to as the "legend" of Dr. Lisa Su. Still, despite this success, AMD stock continues its pattern of range-bound trading. After again approaching a mid-$30s per share high in July, it has seen a slow drop since that time. Investors should also note that Citic's $35 per share price target comes close to that ceiling.The good news here is that chartists may have a buy point. Although I do not share the negative sentiment of my colleague Josh Enomoto, I think he states correctly that the honeymoon for AMD stock has ended. Consequently, it has fallen below the 50-day moving average.However, the 200-day moving average has held for years. This average now stands at $27.45 per share, only about $1 per share below the current price of Advanced Micro Devices stock. Expect the Price Ceiling to HoldThis has begun to make AMD stock at least a trade. However, that does not mean that the mid-$30s per share price ceiling will break the next time it moves higher.Given the trajectory of the company, the ceiling cannot hold forever. The forward price-to-earnings (PE) ratio now stands at 28. That comes in slightly higher than the S&P 500 average of around 21.8.At current levels, I think the ceiling can hold. For one, companies like Intel and Nvidia (NASDAQ:NVDA) have begun to take AMD's competitive threats seriously. For this reason, the company must keep innovating, though AMD shows no signs of slowing down.Moreover, I think doubts about the performance of AMD's 7nm chips continue to linger. First came the charges that it could not consistently meet performance benchmarks. Now, production limits with its manufacturer, Taiwan Semiconductor (NYSE:TSM), have led to supply constraints.AMD remains ahead of Intel even with its issues. Also, I do not see any long-term damage to Advanced Micro Devices stock. However, it gives traders yet another reason to question the valuation of AMD stock if it again approaches the mid-$30s per share level. The Bottom Line on Advanced Micro Devices StockGiven the decline, AMD stock has become at least a trade. Thanks to a move back toward the lower end of its range, traders might find opportunity here. As mentioned before, the current AMD stock price stands at about $1 per share above the 200-day moving average. AMD has not fallen significantly below that level in 2019. If it fell to the 200-day moving average, traders have room for about 25% upside even if it again fails to breach the mid-$30s per share level.Current metrics and conditions indicate that it may not break through that upper limit for the foreseeable future. However, Wall Street estimates average growth of 35.81% per annum over the next five years. Hence, from a valuation and growth standpoint, AMD stock is a buy.If AMD does not move significantly higher soon, the falling PE will make that ceiling untenable. At that point, Advanced Micro Devices should shoot much higher.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons to Buy Canopy Growth Stock * 7 Restaurant Stocks to Leave on Your Plate * 4 Turnaround Plays to Buy Now The post AMD Stock: Long-Term Investment, Short-Term Trade appeared first on InvestorPlace.
Back during Sony's (NYSE:SNE) tough days, I personally witnessed the dramatic rise and influence of GoPro (NASDAQ:GPRO). At the time, I was a senior business analyst tasked with increasing Sony's digital camera market share. From a product perspective, GPRO had the better ideas. But I'm glad I invested in SNE rather than GoPro stock.Source: Larry George II / Shutterstock.com Here's the painful reality about GoPro stock: it's fighting an increasingly difficult war with irrelevancy. Now, I'm not suggesting that action cameras will go completely out of style. Clearly, they perform a function that no standard camera can carry out. As a result, GPRO stock continues to trudge along.But the question really isn't whether action cameras are useful or attractive. After all, no other cameras are appropriate for extreme sports or sports in general. But how many people actually need an action camera? The data suggests that the number of such consumers is dwindling. Thus, the days of niche camera specialists like GoPro are numbered. That doesn't bode well for the GoPro stock price.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMore critically, GPRO stock faces the same threat that has disrupted digital point-and-shoot cameras: the smartphone. * 7 Reasons to Buy Canopy Growth Stock In recent years, I've criticized Apple (NASDAQ:AAPL) for not producing any exciting innovations. With its iPhone 11 Pro, it's proven me wrong. The device's three rear cameras each feature a different angle, ensuring every Pro owner has a semi-professional camera rig in their pocket.Thus, it's a tall order for GoPro to convince consumers that they need a separate camera. Sure, some sporting enthusiasts will buy GoPro's cameras, but not many. And that's the main headwind staring down GoPro stock. GoPro Stock Suffers From a Flawed Business PlanLast month, Sony rejected active investor Dan Loeb's proposal to break up the company. Specifically, Loeb wanted to spin off the company's image-sensor business. In Loeb's view, spinning off the image sensors business will release value for Sony's shareholders. Theoretically, the spinoff would also allow the company to focus on more lucrative entertainment projects.However, Sony gave Loeb the proverbial finger. In a statement, the Japanese consumer technology giant responded:Many of the world's leading entertainment companies are now seeking to acquire technology, while many technology companies are moving into the entertainment space. The clear trend we see is for entertainment businesses of today to be directly connected to technology.In other words, consumer tech firms are now focused on integration, not segregation. Thus, it doesn't make sense for Sony to move against a broader industry trend. Moreover, we already have a case study of tech segregation: the GoPro stock price.The reason why Loeb's proposal is unreasonable is that the image-sensor business. if left alone, would die an unexpectedly quick death. But combined with other robust businesses, the whole entity can move forward.Of course, that means buying SNE probably won't make you rich. At the same time, Sony likely won't turn into GPRO stock. Companies that get most or all of their revenue from a relatively small group of consumers can expect wide valuation swings. Click to EnlargeWhat's particularly troubling for GoPro stock, though, is the action-camera industry's diminishing returns. Between 2011 and 2012, the number of action cameras shipped increased 121% to 3.1 million. Between 2012 and 2013, the growth rate slipped to 93.5%.But last year, action-camera shipments increased by a comparatively pitiful 20%. And this year, experts, on average, forecast a growth rate of just 14%. Separate the Product From the InvestmentAs I said at the top, GoPro had a better idea than Sony. But GoPro stock is obviously nowhere near the caliber of Sony's shares. Perhaps a personal story may better illustrate why this is the case.I own two GoPro cameras, and I use them frequently. Not only do these cameras work under inclement conditions, they provide gorgeous footage and clear audio. Additionally, GoPro's product ecosystem is second to none. While I'm bearish on GPRO stock, I will sing the praises of the company's product engineers.But here's the thing: I'm an anomaly, and I know it. Primarily, I take in-car video because frankly, I have a car worthy of such footage. However, the average Joe or Jane, driving in his or her low-cost vehicle, has nothing interesting going on.And that's why action-camera sales are declining rather precipitously. When there's an iPhone that combines the power of multiple interchangeable lenses in one cohesive platform, why bother with other cameras? Unfortunately, the trend of digitalization is making GoPro irrelevant for everyone but a diminishing few.As of this writing, Josh Enomoto is long SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons to Buy Canopy Growth Stock * 7 Restaurant Stocks to Leave on Your Plate * 4 Turnaround Plays to Buy Now The post Why GoPro Stock Is a Loser appeared first on InvestorPlace.
Electronic Arts (NASDAQ:EA) closed up 1.35% on Tuesday, but at $95.15, EA stock is off 4% over the past month. It has done well year-to-date (up about 20%), but over the past 12 months it's down nearly 11%. And EA is nowhere close to last July when it was trading in the $148 range.Source: g0d4ather / Shutterstock.com There is a lot to look forward to in the coming months for Electronic Arts, with a new "Star Wars" title dropping just in time for the holiday season, and new game consoles coming in 2020 -- but will that be enough to finally kick this gaming stock into high gear again? What Clobbered EA Stock in 2018?Electronic Arts stock had a terrible 2018 -- or rather, a terrible second half of 2018. After hitting all-time highs in July, EA stock tanked, dropping 49% by mid-December. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dividend Stocks to Buy (With Brands You Can Find In Your Kitchen) Poor guidance after Q2 earnings in July started the slide, and investors began to show concern over the company's strategy of releasing several big budget games each year instead of multiple smaller-scale offerings. The risk of this strategy was in full effect during the 2018 holiday season.EA's blockbuster release "Battlefield 5" was delayed by a month and stumbled on launch. It ending up selling 7.3 million copies in the quarter -- 1 million fewer than EA had predicted. Poor holiday sales led to retailers discounting the price and Electronic Arts lowering its fiscal 2019 revenue projections. A Stalled RecoveryIn the first half of 2019, it seemed as though EA stock was on the road to recovery, topping the $100 level multiple times. By July, however, not only was the momentum lost but EA went into a slump.When the second season of "Apex Legends" failed to attract expected launch numbers at the start of July, EA stock took a 5% hit. A few weeks later, when it was reported that EA had lost the rights to Cristiano Ronaldo in its "FIFA 20" game to rival Konami, Electronic Arts stock took another 3% drop. At the end of of the month, EA released Q2 earnings that beat estimates leading to a big gain, but that rally was short-lived.That has been the story for the past several months. A stalled recovery that sees EA stock make gains, get knocked back down, and never seems able to break through the $100 level. Good Things on the Horizon for EAElectronic Arts has some huge events on the horizon. In November, it will release "Star Wars Jedi: Fallen Order," a game that should bring in big revenue over the holiday season. 2020 will see the launch of next generation video game consoles from Sony (NYSE:SNE) and Microsoft (NASDAQ:MSFT).New consoles are a potential goldmine for video game companies, as buyers load up on new titles to try out their new hardware. Naturally EA is hard at work developing games for the Playstation 5 and Xbox Scarlett to take full advantage of that launch hysteria. Is Now the Time to Buy Electronic Arts Stock?Last year EA proved that even an industry-leading video game stock can be at risk. With titles that can easily surpass $100 million to develop, a company as big as Electronic Arts can stumble badly if sales don't meet expectations.The experts are divided on Electronic Arts' prospects over the next year, but overall the mood is positive. Among the 34 analysts surveyed by The Wall Street Journal, 20 rate EA stock as a "buy," and at $111.53, the average 12-month price target for the group implies decent upside. InvestorPlace's Luke Lango makes the case that a long-awaited rally that could propel EA over $100 is likely to start before 2019 is over.Given the "Star Wars" title in its holiday release hopper, plus the 2020 launch of the Playstation 5 and Xbox Scarlett, now seems like the time to add EA stock to your portfolio. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy (With Brands You Can Find In Your Kitchen) * 7 Hot & Trendy Generation Z Stocks to Buy * 5 Stocks to Buy in the Mighty Middle The post Now Is the Time to Invest in EA Stock appeared first on InvestorPlace.
Between the still-growing music streaming services and the return of vinyl, the compact disc is in danger of disappearing. For financial purposes, most are no more of an antique goldmine than cassette tapes. Before you chuck them in the garbage, see if you have Eminem’s 1997 "Slim Shady EP" from 1997.
The 2020 holiday season will mark the onset of the next generation of console wars. According to Sony, that's when it will launch the PlayStation 5.
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
Netflix stock has lost value amid weak Q2 results and increasing competition. Ahead of its Q3 results, investors should watch its subscriber growth.
Investing.com - GameStop (NYSE:GME) was lower in midday trade on Tuesday after Sony (NYSE:SNE) said it would release its latest PlayStation model during the 2020 holiday season.
Sony (SNE) is undertaking a number of measures in its Branded Product Business, which includes Mobile Communications, Imaging Product & Solutions, and Home Entertainment & Sound segments, to ensure stronger growth.
For some, the idea of electric drones buzzing overhead is downright dystopian. Science fiction teaches us that these "eyes in the sky" are the foundation of surveillance culture. They can follow us everywhere we go, and there is nothing we can do about it, asserts growth stock expert John Markman, editor of Pivotal Point.
Shares of GoPro (NASDAQ:GPRO) tumbled in early October after new product announcements from the action camera maker were overshadowed by news of production delays and a sharp second-half 2019 guidance cut. Specifically, although GoPro announced the new HERO8 Black and HERO MAX cameras, management also announced that a late stage production delay would push back HERO8 Black shipments.Source: Larry George II / Shutterstock.com This production delay forced management to cut it second-half 2019 revenue, margin, and profit guides. GPRO stock fell about 20% on the news. Shares now trade hands narrowly above $4 -- just a few dimes above all time lows. * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? This is where GoPro stock deserves to trade today. For several years now, there have been murmurs of a long overdue GoPro turnaround. But, that turnaround has never arrived. The reality is that it will never arrive. GoPro is a niche consumer hardware company with low margins, a small addressable market, limited demand, and muted profit growth prospects.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGiven that reality, at best, shares are worth around $5 today. At worst, they could be worth nothing. As such, GPRO stock deserves to trade below $5. Any rallies above that important level should be faded. GoPro's Fundamentals Aren't GreatIn a nutshell, the fundamentals underlying GPRO stock aren't great, and don't really inspire much confidence when it comes to long-term profit growth prospects.GoPro sells action cameras. Here's the thing about action cameras. Most consumers don't need them. Most consumers don't do action and adventure things consistently enough to shell out several hundred bucks for a camera to record those activities. That's especially true considering that, for most of us, a smartphone will do the job just fine.Further, for those who do participate in action/adventure things AND want to record them on something other than a smartphone, they do buy an action camera. But, they only do so once every few years because these cameras are durable and don't get frequent enough use to upgrade any sooner.Thus, as an action camera company, GoPro is selling to a niche audience wherein potential buyers only buy once every few years. That's not a great business cycle. Especially when the cameras don't sell for that much (a few hundred bucks), and have fairly low gross margins (between 30% and 40%). Add in the fact that there's a lot of competition in this market -- DJI, Sony (NYSE:SNE), and YI, among others -- so GoPro has to spend a fair amount on sales and marketing to drive sales, and you're left with a permanently low-growth, low-margin business.Those aren't great fundamentals. Ultimately, those fundamentals support the fact that this company will never produce that big of a profit. That simultaneously implies that GoPro stock will never get that big of a price tag. GoPro Stock Isn't Worth More Than $5All things considered, GoPro stock isn't worth more than $5 today.Here's the logic. The action camera market isn't growing. GoPro isn't expanding share in that stagnant market. As such, over the next several years, GoPro's revenues should grow with inflation and price hikes. But, there won't be much unit growth. Thus, big picture, GoPro projects as a low single digit revenue grower at best.Meanwhile, gross margins are improving today. But, that's because they are bouncing back from depressed 2018 levels. After this year, gross margins will likely flatten out because GoPro doesn't have much wiggle room in terms of margin additive price hikes. Further on down the income statement, GoPro will likely continue to pull costs out of the system. But, GoPro will run into some cost-cutting resistance here because they've already done tremendous slimming, and the company still needs to spend a fair amount on marketing to remain relevant in a crowded market.GoPro projects as a low single-digit revenue grower with limited upside margin drivers. My modeling suggests that, in a best case scenario, GoPro's EPS winds up at 50 cents by fiscal 2025. Based on a market average 16-times forward earnings multiple and a 10% discount rate, that equates to a 2019 price target for GPRO stock of under $5. Bottom Line on GPRO StockIn a best case scenario, GPRO stock is worth $5 today. In a worst case scenario, this company will continue to burn through cash until it's all gone, meaning the stock will ultimately wind up worthless.Given those two potential outcomes, GoPro stock doesn't look very compelling at $4 and change.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: The Race Is a Little More Gnarly Now * 7 Next-Generation Healthcare Stocks to Buy * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? The post Why GoPro Stock Deserves to Trade Below $5 appeared first on InvestorPlace.
With the U.S.-China trade war again showing no sign of resolution, and combined with other geopolitical flashpoints, plowing into growth stocks is probably the last thing on many investors' agendas. And while the U.S. markets have certainly printed some red ink recently, a growth-based strategy surprisingly isn't completely insane. We just may be looking at the wrong place.Stereotypically, Americans tend not to think much beyond their zip code, let alone their country. That's perhaps the privilege of living in the greatest nation on earth. In this case, though, being self-absorbed has some tangible consequences. Looking beyond our borders, international growth stocks offer interesting plays for the risk-tolerant investor.In full disclosure, I've been negative on both the domestic and global economies. Obviously, I'm not the arbiter of what happens next. And certain indicators, such as the economic surprise indices, suggest that global markets are stronger than advertised. This includes countries like Japan, Canada, China, and the Eurozone. If true, that bodes very well for international growth stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnother factor potentially bolstering international growth stocks is that the U.S. markets are stretched. Shrewd investors want to see more bang for their buck. Likely, they're not going to get much stateside. However, global markets offer upside, if you're willing to stomach the risk. * Do These 7 Retail Stocks Make the Grade? If that's you, here are seven international growth stocks to consider: Barrick Gold (GOLD)Source: Shutterstock Headquartered in Canada, Barrick Gold (NYSE:GOLD) is easily one of the best international growth stocks to put on your short list. With fears rising about geopolitical flashpoints, as well as our own economic stability, GOLD stock is a perfect choice for those who want exposure to safe-haven assets, but don't want the hassle of owning physical bullion.Plus, if you're pessimistic about the broader narrative, GOLD stock offers a hybrid play: you can indirect exposure to safe-haven assets while still participating in the financial system. Better yet, analysts project serious growth for the mining company. Next year, they anticipate growth of 46%, and nearly 34% per annum over the next five years.While this sounds rather robust, it's not at all unreasonable. Gold prices have been deflated for several years, so they're due for a pick-me-up. Additionally, the catalysts - primarily fear and uncertainty - are evident in the markets. Thus, keep GOLD stock close to your chest. Something tells me you'll be glad you did. Sibanye Gold (SBGL)Source: Shutterstock I don't intend to turn this list of international growth stocks into a mining-centric write-up. Nevertheless, the bullish narrative for Sibanye Gold (NYSE:SBGL) is, in my opinion, extremely powerful.For starters, SBGL stock offers the same hybrid opportunity as Barrick Gold: you get the indirect protection that precious metals provide if we suffer economic hardship, as well as the convenience of plugging into the financial system. More importantly, though, the South African-headquartered mining firm specializes in platinum and palladium production.Both metals are critical for the development of catalytic converters. Due to stricter emissions standards in the automotive industry, palladium demand has already skyrocketed. While electric vehicles aim to overturn traditional fossil-fueled cars, this complete transition won't happen so quickly. This situation augurs very well for SBGL stock. * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? Moreover, we have to think about the political situation. Increasingly, climate change and its associated issues have taken center stage. For now, the best way to address earth's climate is through more rigorous emissions standards. This will only spike up palladium and platinum demand, further bolstering SBGL stock. Sony (SNE)Long playing second fiddle to consumer electronics king Apple (NASDAQ:AAPL), my alma mater Sony (NYSE:SNE) offers an interesting play among international growth stocks. For one thing, I tend to believe in market cycles. As one organization dominates, they must provide increasingly compelling storylines to keep investors interested. Because SNE stock is on the outside looking in, they don't have to worry about that pressure.Fundamentally, SNE stock may be fortuitously well positioned. I say this because with peak smartphone, it's become exponentially harder to excite customers. According to some sources, for instance, Apple's new iPhone 11 isn't all that great.In contrast, I'm very excited about Sony's upcoming product pipeline. Sure, I'm biased. But with something as powerful as the upcoming PlayStation 5, it doesn't matter: it's almost a guarantee that Sony's flagship product will receive massive fanfare. Obviously, this is a net positive for SNE stock.Plus, Sony isn't just riding the PlayStation horse. They've got other viable platforms, such as artificial intelligence-based video-content creators, as well as next-generation "pro-sumer" digital cameras. It all makes for a strong contrarian candidate among international growth stocks. Cemex (CX)Source: Wikimedia CommonsPresident Donald Trump may not always show his appreciation, but Mexico is a vital partner to the U.S. Of course, because of the current political situation, this relationship is unfortunately strained, to put it mildly. But that shouldn't dissuade you from considering Cemex (NYSE:CX) among your list of international growth stocks.Since July of 2017, CX stock has unfortunately suffered substantial volatility. Some of the harsh rhetoric from the White House has spilled over into our trade agreements with Mexico. As such, many investors have chosen to dump Cemex.But with shares down so much since then, I think it's time to put CX stock on your radar. First, the U.S. isn't Mexico's only trading partner. Thanks to modernization initiatives and various efficiencies, Mexico represents an attractive place for business. Unsurprisingly, foreign direct investment dollars have flowed in from Japan and the European Union. * 8 Dividend Stocks to Buy for a Recession Finally, keep in mind that Mexico features very favorable demographics. Currently, almost half of the country's population is what we would term working age. Also, because of their robust population growth, Mexicans aged zero to 14 years represent almost 27% of the country's tally. Thus, you're looking at a very important global labor market, which is net positive for CX stock. Tencent (TCEHY)Source: Shutterstock With Chinese growth stocks at the forefront of the U.S.-China trade war, this sector seems inevitably doomed. Again, in the interest of full transparency, I've recently adopted a less-than-positive stance on China. As the word of words continue to heat up, it's hard to imagine that companies like Tencent (OTCMKTS:TCEHY) can emerge from the muck without a trade deal.That said, TCEHY stock is a name you shouldn't ignore. Although many investors like to put tags on Tencent, such as China's Facebook (NASDAQ:FB), it's much more than that. For example, Tencent owns the WeChat app, which has more than a billion monthly users. That's second only to Facebook's WhatsApp and Messenger platforms.But a more critical point boosting the bullish thesis for TCEHY stock is WeChat's comprehensive nature. Like any messaging app, it's any easy way to connect with family, friends and colleagues. However, WeChat also arranges payments and books flights and hotel rooms.As China continues its push toward full modernization, WeChat will play a pivotal role. Therefore, you've got to keep TCEHY stock on your short list, irrespective of how you feel about the trade war. Ericsson (ERIC)Ericsson (NASDAQ:ERIC) and especially rival Nokia (NYSE:NOK) once dominated the "old school" cellphone market. But once Apple's iPhone launched, it has largely been dead man walking for ERIC stock.And there's really no question that Ericsson is a speculative name. For context, back during the tech bubble, ERIC stock once had a triple-digit price. Today, with shares firmly priced under $10, those glory days are long gone.Ordinarily, most conservative investors wouldn't give a second thought to Ericsson. However, with the telecom industry's 5G rollout, the long-embattled company suddenly has a lifeline. Through key global partnerships, Ericsson has provided the equipment necessary to implement this next-generation technology. As this rollout continues, ERIC stock may attract more investor dollars. * Do These 7 Retail Stocks Make the Grade? Analysts project growth of 35.1% next year, and nearly 64% per annum over the next five years. It's an interesting opportunity. However, just be careful that ERIC has a history of wild volatility. Credicorp (BAP)Admittedly, the idea of incorporating Credicorp (NYSE:BAP) into this list of international growth stocks is fraught with risk. As Peru's largest financial holding, BAP stock immediately loses credibility. If you haven't heard, the country is chest-deep in a political crisis. To very briefly summarize, Peru's president and vice president each claim to be the nation's rightful leader.So, why even think about BAP stock? For one thing, Peru has endured massive structural changes over the last few decades. While this present crisis is indeed worrisome, the Peruvian people have a long history of dealing with these high-level shenanigans. While I'm not trying to make light of the situation, it's not unreasonable to believe that the nation will eventually resume business as usual.When it does, Peru has interesting characteristics that could help lift BAP stock. Primarily, the country's GDP is mostly tied to the services sector. Because of that, Peru needs a robust workforce, which they have. Their population pyramid is very favorable, featuring a very large allocation of young people.As of this writing, Josh Enomoto is long gold bullion and SNE stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Do These 7 Retail Stocks Make the Grade? * The 10 Best CEOs of the Third Quarter * 5 Big IPOs That Are Getting Smashed The post 7 International Growth Stocks for Your Shortlist appeared first on InvestorPlace.
The cloud gaming war is imminent, and Sony is making its final moves in preparation. It's slashed the price of its Playstation Now subscription by half.
Scarendipity, one one of the Southeast's largest private Halloween bashes, won't be running in 2019 — just the second time in the last 15 years. And the party's future is clouded.