|Bid||121.04 x 1200|
|Ask||122.50 x 3000|
|Day's Range||119.55 - 123.37|
|52 Week Range||89.81 - 151.00|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Alteryx stock has surged 35% in 2020. Coupa Software, Twilio, Datadog and Cadence Design Systems are other software stocks near buy points.
Twilio has seen a very volatile twelve months, with its shares rapidly appreciating earlier in 2019 before dropping in the latter part of 2019. Twilio aims to make communication between brands and their customers as frictionless as possible and is a leader in the CPaaS space. Instead of resting on its laurels, however, Twilio's CEO Jeff Lawson declares that his company's ambitions are getting even bigger.
Twilio lies behind the apps we use every day, including Uber and eBay. Here is what the fundamentals and technical analysis say about buying TWLO stock now.
The stock market continues to grind out new record highs, as equities pushed higher on Friday. Remember, Monday is closed in observation of Martin Luther King Jr. Day, so let's look at a few top stock trades for Tuesday. Top Stock Trades for Tuesday No. 1: Boeing (BA)Source: Chart courtesy of StockCharts.comBoeing (NYSE:BA) stock is moving lower on Friday, and as it's doing so, it's approaching the lower end of its recent trading range.Range support has stood firm for well over a year. The only time it failed came in late-2018, when the entire market was being hammered. Should $320 give way, it technically puts the $300 level on the table -- with the fourth-quarter lows near $286 possible below that.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf support holds, see if BA can take out its recent high at $344. If so, its 100-week moving average and downtrend resistance (blue line) are possible. Top Stock Trades for Tuesday No. 2: Pinterest (PINS)Source: Chart courtesy of StockCharts.comPinterest (NYSE:PINS) has suddenly found itself back in demand, with shares rallying from $20 to $24 in just a few trading sessions.Despite an upgrade propelling it higher on Friday, shares backed off after running into prior range support between $24 and $25, as well as the declining 100-day moving average.What now? Let's see if the stock can find its footing and continue to press higher. Otherwise, a correction down to $21 and/or the 20-day moving average may be in the cards. Top Stock Trades for Tuesday No. 3: Amazon (AMZN)Source: Chart courtesy of StockCharts.comA lot of investors are bemoaning the way Amazon (NASDAQ:AMZN) is trading lately. While it lacks the firepower that other mega-cap tech stocks have shown, it is doing better.Shares broke down below a rising wedge formation (purple lines), but the stock is finding support from the backside of prior channel resistance (blue line), as well as the 20-day moving average.Below this zone would be discouraging. But as long as it stays above the 200-day moving average, bulls still have something to work with. Below the 200-day, and that changes.On the flip side, bulls need to see AMZN clear $1,900 to regain momentum. Above puts the recent high of $1,917 on the table, followed by a potential test up to its July gap near $1,940. Top Stock Trades for Tuesday No. 4: Schlumberger (SLB)Source: Chart courtesy of StockCharts.comSchlumberger (NYSE:SLB) initially rallied on Friday after reporting earnings, but has since turned lower. Now comes make-or-break time.Near $37.50, SLB stock has the rising 50-day moving average and uptrend support (blue line) in play. Below this zone, and longs may want to consider hitting the exits. Below the 200-day moving average, though, and that's most certainly the case for traders.On the upside, investors can see that SLB failed to reclaim $40, a key technical level over the past year. If SLB can reclaim this mark, it will show that bulls are back in control. For now, though, let's see if that trend support holds up. Top Stock Trades for Tuesday No. 5: Twilio (TWLO)Source: Chart courtesy of StockCharts.comTwilio (NYSE:TWLO) has been like a little rocket. Shares broke out over long-term downtrend resistance (blue line) in December, while most growth stocks were already well out of their respective downtrends.In any regard, TWLO has been playing catch-up. On the last trading day of 2019, TWLO closed at $98.28. However, the stock headed north of $120 in five trading days since, all of which were positive. Now, shares are chopping between $117.50 and $121 -- the latter of which comes into play with the 200-day moving average.Below $117.50, and TWLO may correct a bit further given its large run. However, a move over the 200-day moving average, and the $123 mark could fire up the rally once more -- potentially sending TWLO over $130.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long PINS and TWLO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post 5 Top Stock Trades for Tuesday: BA, PINS, AMZN appeared first on InvestorPlace.
As we head into the last day of trading for 2019, Twilio (NYSE:TWLO) stock has fallen almost 35% from its summer high. The cloud communications software platform company is still in turnaround mode, and it still is not producing free cash flow.Source: rafapress / Shutterstock.com Twilio provides a text messaging platform for companies to communicate with their customers. The messages are secure and provide a direct link on a mass scale for businesses.Bottom line: TWLO has a $13 billion market value with almost no profits, no free cash flow and decelerating revenue growth. At a minimum, there is no margin of safety in the Twilio stock market value.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Recent Earnings Release Provides No HopeFor the nine months ending Sep. 30 Twilio's free cash flow was negative $14 million including capitalized software development costs.That is astounding, given that Twilio produced $803.2 million in revenue during the same period. * 7 'A'-Rated Stocks to Buy Under $10 When I see those kinds of numbers, I sometimes think, you know what? Let me be the CEO or CFO of the company. I could figure out a way to get the company to positive cash flow. Literally, how hard could it be?Granted, Twilio might be losing some key customers. There are reports that WhatsApp is scaling back usage of the Twilio app for its customers. TWLO Outlook Not Much BetterTwilio's outlook guidance was for a non-GAAP loss from operations of $5 million to $6 million in Q4. And it expects a full-year non-GAAP loss of $4 million to $5 million. Where is the hope in that for holders of Twilio stock?But then, for some reason, Twilio made a mistake in its earnings per share forecast. Originally they indicated that EPS for 2019 would be between 16 and 17 cents per share. But they had to make a correction, moving the range down to 12 to 13 cents per share.But does it matter? Twilio stock trades around $98 per share. That puts TWLO stock on forward price-to-earnings ratio of over 300 times. That is beyond overvalued. There is no margin of safety at that kind of price. What Should Investors Do With Twilio Stock?This is a stock that is valued so high that management basically doesn't care what happens to the price. That is more or less what they told Cramer in a recent CNBC interview.They are going to focus on the "long-term." Well, in the long-term, we are all dead, said the famous economist, John Maynard Keynes.Maybe they should focus on profitability to help investors understand the present valuation of Twilio stock. Here's one reason this would be a good idea: Short interest in TWLO stock is over 15% right now. Any more hiccups, including missed expectations, and short sellers will pounce further.In the end, that makes it harder to raise capital, and maybe even convince new large customers that your company is a growth story, which is where it's all at in the space.Moreover, it makes new investors, other than the original IPO investors, upset. Their expectations of growth and earnings for the company may not come to pass. They may lose patience and derate the valuation of the company.As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Mark Hake runs the Total Yield Value Guide which you can review here. The Guide focuses on high total yield value stocks. Subscribers a two-week free trial. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 'A'-Rated Stocks to Buy Under $10 * 7 High-Yield Dividend Stocks for Growth and Income in the 2020s * 7 Tech Stocks to Buy As the Trade War Ends The post Twilio Stock Won't Be In Turnaround Mode Anytime Soon appeared first on InvestorPlace.
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]
There were 17 $1 billion-plus tech acquisitions announced this year that involved Bay Area tech companies. They are detailed in the accompanying photo gallery.
Years from now, when we look back at the 2019 performance of Twilio (NYSE:TWLO), we'll regard it as a reasonable success. At time of writing, Twilio stock is up a little over 15%, which isn't too shabby. But compared to prior performances, and to names in the cloud sector, it's more than disappointing.Source: rafapress / Shutterstock.com Further, TWLO stock suffered a split personality this year. In the first half, shares skyrocketed 56%. However, the second half saw up to this point a 29% decline in market value. The performance of Twilio's cloud peers is best seen in the Global X Cloud Computing ETF (NASDAQ:CLOU), which is off less than 2% since June 30. The exchange-traded fund makes TWLO the 11th-largest holding among its 37-stock portfolio.Thus, we come across the inevitable question: Is TWLO merely consolidating for the next leg up or is the recent volatility a harbinger?InvestorPlace - Stock Market News, Stock Advice & Trading Tips All the Signs are ThereFrankly, we have many signs that suggest the latter. For starters, the communications specialist does not seem to have a realistic pathway to profitability anytime soon. Net income losses continue to widen in both quarterly and annual comparisons. Of course, that's not the biggest concern for small, fast-rising tech investments like Twilio stock. But because it doesn't pay dividends, shareholders would like to see fundamental progress. * 7 'Strong Buy' Stocks to Put on Your Wish List And while Twilio still maintains impressive revenue growth on a percentage basis, you'd actually like to see more sales expansion. With the cloud communications provider making key but pricey acquisitions, the company must justify the market premium for TWLO stock.Finally, Twilio's balance sheet has become much more uncomfortable than it was in prior years. In my last write-up for Twilio stock, I mentioned the massive jump in goodwill. In a bull market, this is fine, so long as the acquisition that spiked goodwill starts paying its dues, if you will.However, with the pressured situation in the books, a high level of goodwill can become problematic. So, how should investors approach TWLO stock in 2020? Untapped Opportunities for Twilio StockIf you can't stomach the idea that your equity play could lose huge chunks of value, I'd be very cautious on TWLO stock. Although the underlying business is relevant and compelling, management has taken huge risks with its acquisitions. If those risks don't pan out, look out below!Moreover, the goodwill that I mentioned above could also become painfully problematic in a recession or bear market. Although we currently have a limited trade deal on hand, you must remember what the current administration represents. Stability and consistency it does not.However, if management can regain control of the narrative over the next few months, Twilio stock has a legitimate shot at surprising (positively, this time) in 2020. I say this because the tech firm is leaving many dollars on the table. If they can better market their services to capture unaddressed needs, TWLO can truly fly.Not surprisingly, Twilio's corporate clients are mostly physically located in California. According to HG Insights, over 1,000 companies in the Golden State do business with Twilio. That dwarfs any other state by a country mile.Also not surprising is that the tech and business services industries make up the majority of Twilio's client demographics. It really starts falling off a cliff from there. * 5 Large-Cap Dividend Stocks to Buy In the company's earlier stages , the lack of diversity in industry and location wasn't terribly important. But as the company grows via acquisitions, it needs to expand its scope. That's the challenge … and potentially a lid on TWLO stock momentum.However, it's also an opportunity. If Twilio can convince clients in finance, education, healthcare, retail and hospitality to take the plunge, the case for Twilio stock becomes much more palatable. Wall Street's Giving TWLO Stock a ChanceOf course, knowing what to do and actually doing it are two different things. Presently, the financials don't look very promising for Twilio stock.But as we all know, the markets represent speculation on future value, not past performance. Here, Wall Street appears to be giving TWLO an opportunity to make its case for 2020.Despite concerns and disappointing news, the volatility in TWLO stock appears to have stabilized. Since Nov. 1, shares are up nearly 3%. Although I wouldn't consider this the most convincing bullish signal, at least the bleeding has stopped. That tells me that the Street will give the company a fair shake.It's now up to management to make good on this opportunity. If they can tap into the unaddressed market and make conversions, we'll see Twilio stock fly. If not, you might want to look for another investment.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Vaping Stocks to Get into Ahead of the Crowd * 5 Retail Stocks That Are Winning Big This Holiday Season * Make the Shift Toward Value Stocks With These 5 Picks The post The Market's Giving Twilio Stock a Chance to Catch Up With Cloud Peers appeared first on InvestorPlace.
Software stocks have rallied 39% year to date, better even than the 33% gain so far for the Nasdaq Composite. There should be more gains to come, the bank says.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Twilio (NYSE:TWLO) announced its third-quarter results on Oct. 30. While top- and bottom-line results beat analysts' average estimates, investors didn't like the company's Q4 guidance. They sent Twilio stock below $100 for the first time since early January. In the process, I got egg all over my face. That's because I wrote a piece on Oct. 28 suggesting that investors interested in TWLO stock may want to buy the shares before the company's earnings were out to benefit from a post-earnings pop. InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat "pop" never happened. Despite the positive earnings surprise and the 75% year-over-year increase in its sales, investors chose to focus on the Q4 outlook, which was a little weaker than most analysts had expected. * 10 Best-Performing Growth Stocks of the 2010s It wasn't the revenue guidance that caused Twilio stock to fall more than 12% on the news. Instead, it was the EPS outlook of 1 cent -2 cents, excluding some items, versus analysts' average outlook of 7 cents that got investors' shorts in a knot.And I get it. Investors have become focused on companies' pathways to profitability. Anything that gets in the way of that path is going to create trouble for stocks. Twilio stock isn't any different. Recently, another InvestorPlace columnist, Luke Lango, for the second time in two months, urged investors to get ready to buy Twilio stock at $90That suggestion has me wondering if Twilio is worth $90 or more than that. Why Twilio Stock May Be Worth Only $90 Per ShareLango, the other columnist, wasn't suggesting TWLO stock was only worth $90; he said it was worth buying at $90. There's a big difference. I believe in Twilio's business model and by extension, I'm a fan of TWLO stock. However, the fact that Twilio stock traded as high as $151 in late July and now is having trouble moving above $100 tells me that there is a significant group of investors who believe $90-$100 is a ceiling for Twilio stock now. InvestorPlace writer Josh Enomoto recently discussed some of the company's fundamental weaknesses. Its most significant problem is the $2 billion that it paid for SendGrid. The deal gave the Twilio platform the email integration it sorely lacked, but it also raised investors' expectations. According to Enomoto, "With TWLO, you must separate the technology from the investment thesis. While SendGrid fills a technological gap, it creates one from an investment perspective. Thus, management must deliver outstanding - preferably astounding - growth to justify the SendGrid premium.""What we saw in Q3 was an 'okay' earnings report. But when you're taking big risks, you need big results. That didn't happen, which is why TWLO stock has a credibility challenge."Enomoto goes on to remind InvestorPlace readers that Twilio's customers include Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) and other money-losing companies that also could see their credibility questioned over the next few months into 2020. In other words, money-losing tech stocks could be in a downward trend for some time, making the near-term outlook of Twilio stock, at best, "cautiously bullish." Why Twilio Stock May Be Worth More Than $90 Per ShareWhen I suggested investors consider buying Twilio stock before TWLO's earnings, I felt a price in the $100s was warranted for TWLO stock. While the Q3 report does raise questions, it's important to recognize that the company is still going to generate more than $1.1 billion of revenue in 2019, with a minimal loss of $5 million. The fact that its revenue jumped 75% year-over-year in Q3 suggests Twilio's platform still has a great deal of traction with companies that are looking to provide seamless communication for their customers. TWLO still has a pathway to profitability. It's just got to continue to execute in 2020. Lango emphasized Twilio's tremendous opportunity:"This company finds itself at the epicenter of a huge shift towards text-based B2C communication. As this mega-trend plays out over the next several years, Twilio's customer base and revenues will march significantly higher."I couldn't agree more. In October, I stated that I liked how Twilio was building its business, including its expensive acquisition of SendGrid. Furthermore, I felt it would generate a profit before too long. The Q3 results haven't shaken this belief. I think its Q3 results (and its Q4 guidance) were business as usual. Investors chose to make a mountain out of a molehill, so TWLO stock is struggling to gain ground. In the life of most public companies, occasional slumps are not unusual. When it comes to TWLO stock, I see the glass as half full. At this time next year, we'll find out if I was right to believe that Twilio stock is worth more than $90.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best-Performing Growth Stocks of the 2010s * 10 Stocks With Little or No Debt to Own for the Next 50 Years * 5 Restaurant Stocks Dominating Holiday Season Foot Traffic The post Is Twilio Stock Worth More Than $90?Â appeared first on InvestorPlace.
Although tech stocks generally comprise a hot space, not all companies within the space are hype-worthy.The technology sector is one of the biggest gainers of the year. With an almost 40% year-to-date gain, 2019 will go down in the history books as a banner year for tech stocks. Its ranks are full of out-sized winners that have showered shareholders with profits. Heavy hitters like Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) have led the charge. But not all companies that call technology home have participated in the rally. Some find themselves sliding into Christmas amid disappointing earnings and deteriorating technicals. * 7 Hot Payments Stocks to Buy Now With that in mind, let's take a look at three tech stocks to sell before the start of 2020.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tech Stocks to Sell: Cisco Systems (CSCO)Source: The thinkorswim® platform from TD Ameritrade Drawdown from 2019 peak: -25%Cisco Systems (NASDAQ:CSCO) shares were flying high into mid-year but have since been thoroughly smashed. The downtrend accelerated following the past two earnings reports, revealing widespread disappointment in the company's profitability. The damage has been bad enough to turn the slow-moving 200-day average lower to join its shorter-term counterparts.This week's support break signaled a continuation of the descent and points toward a potential retest of its early January low near $41. Volume patterns show a groundswell in distribution over the past few months and are reflective of institutions abandoning ship. While the tides could always turn, CSCO is one of the ugliest ducklings in the tech sector. Dropbox (DBX)Source: The thinkorswim® platform from TD Ameritrade Drawdown from 2019 peak: -32%The chart of Dropbox (NYSE:DBX) reveals consistent weakness ever since its IPO. There was a single moment of hope last June when DBX scored a robust breakout, but it fizzled fast, and the stock has been cruising lower ever since. The first half of the year was constructive and even had DBX stock push back above all major moving averages. But, the progress was wholly dismantled over the back half of the year. * 10 Hot Pot Stocks to Buy We're now within spitting distance of all-time lows. Every single time the stock gets an uptrend going, its quarterly earnings report arrives to throw a wet blanket on the bullishness. The past four events have seen heavy selling pressure. Until the fundamentals can improve enough to warrant an upside surprise in the stock after an earnings release, the chances for recovery are slim. Twilio (TWLO)Source: The thinkorswim® platform from TD Ameritrade Drawdown from 2019 peak: -35%Twilio (NYSE:TWLO) could be a case of a stock running too far too fast. Its meteoric ascent since its 2016 IPO carried the software company up over 500%. That's a lot of future growth getting priced in. Perhaps the recent dismantling is simply a correction of the exuberance, a return to more sane valuation. It's a plausible narrative.But even if you view this as a longer-term dip to be bought, the chart still looks terrible. More evidence is needed before you pile in. At a minimum, TWLO stock needs to break above resistance and the 50-day moving average to reverse the uninterrupted series of lower lows and lower highs. A push above $106 would do the trick.Until then, steer clear of bottoming fishing.As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Dominated Thanksgiving Shopping * 6 Manufacturing Stocks to Buy as the Economy Recovers * The 7 Best Cryptocurrencies to Buy as Blockchain Heats Up The post 3 Downtrodden Tech Stocks to Sell Before 2020 appeared first on InvestorPlace.