|Bid||136.81 x 900|
|Ask||137.45 x 1000|
|Day's Range||136.14 - 137.99|
|52 Week Range||51.82 - 144.62|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||146.59|
When an investment vehicle offers a high rate of return in a short period of time, investors know this means the investment is risky. Given enough time, many investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses. Make no mistake, there is no guaranteed way to double your money with any investment.
Shares of Facebook (NASDAQ:FB) haven't been able to sidestep the selling pressure over the past few weeks. Shares have pulled back, with FB stock falling from roughly $200 down to $180. However, the pullback has been very orderly so far and is even finding some moving average support.Source: Shutterstock Is this investors' chance to hop on the Facebook train or should they stay clear in the event of more selling?With the trade war hitting U.S. stocks, virtually all industries are under pressure, even though not all of them are impacted by the trade war. For instance, cloud companies like Adobe (NASDAQ:ADBE) or Salesforce (NYSE:CRM) won't see their businesses impacted by the trade war. Nor will Twilio (NYSE:TWLO) or Splunk (NASDAQ:SPLK). Worth mentioning is that Facebook isn't allowed in China, although its WeChat has plenty of global exposure.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMy point is, even though some of the companies above aren't impacted by the trade war, their stocks are still under pressure. FB stock is no exception either. Maybe the indices have already bottomed from these headlines, but it doesn't feel like it. If we have one or two more down legs to do go, investors will get a better shot at Facebook stock. That said, traders have a reasonable risk/reward situation with FB right now, should the markets hold up. Trading FB Stock Click to EnlargeSo far, uptrend support (blue line) and the 50-day moving average are holding up for FB stock. That's a perfect spot for traders to watch, too. A pullback in a strong stock to its 50-day usually draws in buyers, even if only for the short-term. Facebook at least has that going for it right now. * 7 Tech Stocks to Buy That Are Also Perfect for Retirement The key is to see what kind of bounce we get. Is it a modest 1% to 2% rally or does it send FB stock back to recent highs near $195? If it clears $195, $200 is on deck. Over the 61.8% Fibonacci retracement at $182.10 increases the odds for a retest of the 20-day moving average and gives some momentum to bulls.Should the selling accelerate in the overall market and FB stock gets pulled down, there are levels of support below too. A price of $170.82 marks a 50% retracement and down near $159.50 is the 38.2% retracement. The latter comes into play near the 200-day moving average and is a key level of support. Conveniently, $170 could be decent support too, it just depends on the aggressiveness of sellers should we get a pullback down to these levels.We may not see that type of decline, but if we do, it will pay to know where FB stock can hold up. Valuing Facebook StockIt was like the sky was falling with Facebook stock over the past year, as investors were dumping the social media giant hand over fist. That's despite it having the best financials and metrics compared to peers like Twitter (NYSE:TWTR) and Snap (NYSE:SNAP).Privacy concerns and worries about leadership caused investors to puke up the stock. Never mind that FB stock has one of the strongest balance sheets in the stock market and is a cash-flow machine.Analysts expect the company to earn $7.05 per share this year. That's down almost 7% from the prior year. The plus side is that they expect 32% earnings growth to $9.32 per share in fiscal 2020. On the revenue front, growth is doing anything but slowing. Estimates call for 24% growth this year and 21% next year. * 7 Stocks to Buy that Lost 10% Last Week Social media is far too efficient for businesses to ignore when it comes to advertising and it's far too addicting for users to put down. So long as that remains the case, Facebook will be in business. That bodes well for long-term investors, particularly given the balance sheet strength of FB stock.Long-term investors may consider waiting for a larger correction in FB stock should they want to bet on the continued growth in social media. Otherwise they could consider a nibble of Facebook near current levels.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post Can Facebook Stock Rally Back to $200? appeared first on InvestorPlace.
There may very well be at least three reasons to not sell Canopy Growth (NYSE:CGC) stock. But the price chart is warning investors that they shouldn't buy CGC stock now. Let me explain.I enjoy reading InvestorPlace contributor Luke Lango's take on the markets. His analysis personally turned me on to both Shopify (NYSE:SHOP) and Twilio (NYSE:TWLO) long ago when many other traders and financial pundits were warning of their downside risks well before their subsequent, massive, triple-digit-percentage gains. KAAACCHHINGG! * 6 Chinese Stocks That Could Pop On a Trade Deal But getting back to Canopy Growth stock, this week Luke wrote that investors shouldn't sell Canopy Growth. The first reason he cited was trade-war headwinds being overblown and not really an issue for CGC. I totally agree with that. Still, that doesn't make Canopy Growth stock worth buying.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLuke also wrote that the slowdown in Canada's cannabis market isn't actually terribly alarming and discussed the tailwind of the still-untapped U.S. market. Those points are good reasons to not sell CGC stock, but they fail to make Canopy Growth stock worth buying at the moment.Now don't get me wrong. My caution on Canopy Growth stock doesn't mean that I'm advocating shorting CGC. I'm nowhere near ready to put Canopy Growth stock in the same boat as Tilray (NASDAQ:TLRY) whose fortunes have gone up in smoke over the past several months. However, considering the volatility of the cannabis market and the CGC stock chart, the shares aren't close to worth buying if history is any indicator. CGC Stock's Daily ChartThe volatile and some might say temperamental behavior of CGC stock has foiled bulls' attempts to exploit its positive trend using breakout strategies. That is illustrated by higher and above-average volume buy signals sent by triangle patterns, a classic short-handle consolidation and a very recent failed breakout as relative highs were cleared.But Canopy Growth stock has also been somewhat of an equal opportunity trap for bears too.The chart of CGC stock depicts a couple of breakdowns of CGC that were reversed. There was last summer's out-of-left-field explosive gain on partnership news with beverage giant Constellation Brands (NYSE:STZ). And earlier this spring a bear flag similarly failed after breaking down courtesy of a rally a short while later.Of course, some bulls might be quick to point out that, during both bearish patterns, CGC did not fall below the support provided by its 200-day simple moving average. That incidentally made CGC stock ripe for buying. That's true, but there's always a technical line on the price chart somewhere that drive buy decisions which work out favorably. The Bottom Line on CGCIn our view, CGC stock's squiggly price line is a tricky one to trade. And given the shares' history of volatile failures in the wake of breakdowns and breakouts, today's pullback pattern isn't a reason to sell Canopy Growth, but it does not make CGC worth buying just yet.Disclosure: 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 options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post Why Canopy Growth Stock Isnat Worth Buying Yet appeared first on InvestorPlace.
After a big stock market decline Monday, the indices were set for a modest bounce on Tuesday. CyberArk's better-than-expected earnings propelled the stock to new highs near the open. While the markets have continued to power higher -- the S&P 500 up by 1.2%, the Nasdaq up about 1.5% -- CyberArk has given back most of its gains and is flirting with going negative on the day.
Editor's note: This story was previously published in February 2019. It has since been updated and republished.Trying to "beat the market" is a tough game on a day-to-day basis. Financial markets are volatile. They'll swing higher one day and then fall the next day. Sometimes, we don't even know why they move the way they do. They just move. And, because it's nearly impossible to explain every day-to-day move on Wall Street, it's equally impossible for even the sharpest minds to predict day-to-day moves in stocks with great accuracy. It makes it easier to figure out which stocks to buy.Thus, trying to "beat the market" on a day-to-day basis is an uphill battle. But, if you zoom out and take a long-term approach to investing, you turn that uphill battle into an even playing field. Longer-term trends in stocks are often easier to predict because they almost always track fundamentals and narratives, and fundamentals and narratives are tangible enough that investors can -- with practice and discipline -- predict them with great accuracy.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dividend Stocks to Buy as the Trade War Reignites As such, successful investors often tend to take the Warren Buffet approach and buy stocks of companies that have healthy long-term growth prospects, under the idea that healthy long-term growth will translate into a substantially higher stock price over time.I have a special name for the cream-of-the-crop stocks in the long-term winners basket: forever stocks. Forever stocks are the classification of stocks that are not just long-term winners, but are also aligned with powerful and long-running secular growth trends, and have proven leadership within that trend. Thus, forever stocks project with high certainty to be long-term winners for a lot longer. Theoretically, they project to be winners "forever."These forever stocks are the best stocks to buy and hold for long-term investors. They will be highly volatile in the near term. But, such volatility will amount to nothing more than noise in the big picture. In that big picture, forever stocks will only head higher.With that mind, let's take a look at seven forever stocks to consider for the long haul.Source: Shutterstock Facebook (FB)Secular Trend: Persistent internet addictionBig Idea: The big idea behind the forever bull thesis in Facebook (NASDAQ:FB) starts with the fact that consumers are addicted to the internet. There have been multiple calls for this addiction to break over the past several years. It hasn't. Instead, internet usage has gone up because the internet provides the easiest, most convenient and cheapest way to perform a great number of tasks.Consumers spend most of their internet time on the digital properties that Facebook owns. That means that an addiction to the internet and an addiction to Facebook's digital properties run parallel to one another. This will remain true for the foreseeable future. As such, the number of users on Facebook's properties and the volume of ad dollars flowing through those properties will only go up over time. As they do, Facebook's revenues and profits will steadily rise, and so will FB stock.Source: Shopify via Flickr Shopify (SHOP)Secular Trend: Democratization of ecommerce in the coordinated economyBig Idea: The big idea behind the forever bull thesis in Shopify (NYSE:SHOP) starts with the fact that the world is becoming increasingly democratized and decentralized. This concept is very simple. Companies far and wide are leveraging technology, which allows for unprecedented connectivity, to democratize supply and distribution processes globally. These are the kinds of stocks fo buy for the 21st century.Think Uber, which democratized driving services so that anyone with a car could do it, or Airbnb, which democratized accommodation services so that anyone with an extra room could do it. I like to call this movement the coordinated economy since beyond democratizing services, these companies are also coordinating these services to create optimal outcomes on both the supply and demand side of the equation. * 7 Cloud Stocks to Buy on Overcast Days Shopify is doing this exact same thing in the commerce world. The company is democratizing selling services so that anyone with a product can sell it. They are also coordinating such services by creating a connected web of independent buyers and sellers.In so doing, Shopify is creating the building blocks for a new era of democratized commerce where we don't buy everything from Amazon (NASDAQ:AMZN). As this democratization process plays out over the next several years (and it most certainly will, given that Amazon can't control 50% of the U.S. ecommerce market forever), Shopify's merchant volume, revenues and profits will rise by leaps and bounds. As they do, SHOP stock will rise, too.Source: Web Summit Via Flickr Twilio (TWLO)Secular Trend: Growing demand for cloud communication servicesBig Idea: The big idea behind the forever bull thesis in Twilio (NASDAQ:TWLO) is that the world is becomingly increasingly connected, and as it does, the desire for cloud-based communication services will go from "want" to "need."This market that involves these services is broadly defined as the Communication Platforms-as-a-Service (CPaaS) market, and it consists of companies integrating real-time communication services into their operations. Perhaps the most tangible example of this is when Uber or Lyft sends you messages to communicate that your ride has arrived.Nuanced communication services like this will be increasingly integrated at greater scale over the next several years across various industries. Remember, no matter the industry, one theme is constant: consumers and companies alike are becoming more connected than ever. Twilio has emerged as the unchallenged leader in this space.The customer base is growing by over 30%. Revenues are growing by nearly 70%. The retention rate is 95% and up. In other words, everything is going right for this company, and it will continue to go right as the CPaaS market goes from niche to mainstream over the next several years. Source: Shutterstock The Trade Desk (TTD)Secular Trend: Pivot toward programmatic advertisingBig Idea: The big idea behind the forever bull thesis in The Trade Desk (NASDAQ:TTD) starts with the fact that technology is rapidly automating multiple jobs and processes across the enterprise ecosystem. This includes the process of buying and selling ads. Before, the ad transaction process was laborious, lengthy and included several human parties. Today, though, enterprises can now buy ads instantaneously and without friction or the high costs using computers. * 7 Dangerous Dividend Stocks to Stay Far Away From This new method of using AI and machines to buy and sell ads is called programmatic advertising. It's the future of advertising. Eventually, given the low-friction and low-cost advantages of programmatic advertising, all $1 trillion worth of ad spend globally will be transacted programmatically.At the forefront of this market is Trade Desk, a company which has distinguished itself as the programmatic advertising leader. As such, as the programmatic advertising method goes global over the next several years, Trade Desk will remain a huge grower and TTD stock will head higher. Source: Shutterstock Amazon (AMZN)Secular Trend: Nearly everythingBig Idea: The big idea behind the forever bull thesis in Amazon is that this company is at the forefront of nearly every one of tomorrow's most important markets. E-commerce? Amazon already dominates there. Cloud? Amazon already dominates there, too. Offline retail? Amazon is rapidly expanding its presence.Automation? Amazon is already automating its warehouses, and just made a big investment into self-driving car company Aurora. AI? Amazon dominates the voice assistant market. Pharma? Amazon has all the licenses it needs to launch a nation-wide e-pharmacy business. Digital advertising? Amazon's digital ad business is the fastest growing among major players in the space. Streaming? Amazon is No. 2 in this market behind Netflix (NASDAQ:NFLX)In other words, Amazon has its fingertips everywhere it matters. Inevitably, one or many of these growth initiatives will turn into a multi-billion dollar business (if it isn't already). A few big breakthroughs in automation, pharma or AI will help offset slowing growth in e-commerce and keep Amazon a big growth business for a lot longer. That will push AMZN stock way higher in the long run.Source: Shutterstock Forever Stocks to Buy: Adobe (ADBE)Secular Trend: Shift towards a visual and experience economyBig Idea: The big idea behind the forever bull thesis in Adobe (NASDAQ:ADBE) starts with the idea that the world is becoming increasingly visual-centric. You can thank Instagram, Snapchat and YouTube for bringing this out recently, but the desire has always been there. The saying "a picture paints a thousand words" has been around for a long time. Now, that saying is turning into action as consumers globally are becoming increasingly obsessed with visual everything. * 10 Great Stocks to Buy on Dips When it comes to visual everything, there's one company in the world that stands out above the rest in terms of creating visual everything content: Adobe. Adobe has developed a reputation as being a second-to-none provider of visual everything solutions for creative professionals.Now, the company is leveraging that experience to create visual everything cloud solutions. These cloud solutions will be met with increasing demand as enterprises increasingly seek visual everything solutions to connect with consumers. As such, Adobe will benefit from a continued visual cloud demand surge over the next several years, and that will help keep ADBE stock on a winning trajectory.Source: Via Square Forever Stocks to Buy: Square (SQ)Secular Trend: Rise in card and digital paymentsBig Idea: The big idea behind the forever bull thesis in Square (NYSE:SQ) starts with the fact that cash is history. A few years ago, your average consumer almost always carried a wallet or purse that had at least some cash. Today, that's no longer true.A majority of young, 30-and-under consumers I come across don't carry cash. Instead, they have their phone and their payment card(s), and intend to pay for things exclusively through one of those items.Retail shops have had to adjust to this cashless revolution, and Square has helped them. Square provides machines that facilitate cashless transactions. First, they simply helped facilitate brick-and-mortar cashless transactions. Now, they are helping facilitate ecommerce transactions, too.In other words, everywhere the consumer is, Square is there, too, helping them facilitate a cashless transaction. This is an extremely valuable position to be in for the foreseeable future, as cash truly becomes a relic in the modern economy. As it does, Square's payment volume will surge higher, and SQ stock will stay on an uptrend.As of this writing, Luke Lango was long FB, SHOP, TWLO, TTD, AMZN, NFLX, ADBE and SQ. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Fundamentally Sound Dividend Stocks to Buy * 5 Reasons Reeling FAANG Stocks Won't Deliver Big Returns * 3 Reasons Canopy Growth Could Burn You Compare Brokers The post 7 Forever Stocks to Buy for Long-Term Gains appeared first on InvestorPlace.
Your top stocks to watch are five software standouts showing bullish action amid stock market turbulence: Twilio, Zscaler, Workday, HubSpot and Coupa Software.
Twilio , the leading cloud communications platform, today announced the following upcoming investor conference presentations.
OneSpan™ Inc. (OSPN), a global leader in software for trusted identities, e-signatures and secure transactions, today announced the nomination of Marc D. Boroditsky and Dr. Marc Zenner to stand for election to the company’s board of directors at its 2019 annual meeting of stockholders on June 12, 2019. Mr. Boroditsky is the Senior Vice President of Sales at Twilio Inc. (TWLO), a cloud communications platform-as-a-service company for building SMS, voice and messaging applications using its web service APIs.
"At the end of the day, the People's Republic needs our commerce a lot more than we need their commerce," CNBC's Jim Cramer says. "The United States is a cash-fueled economy, the PRC is a debt-laden house of cards. "We're winning, regardless of what you think of Trump.
"The company's had an amazing year and, over the long haul, I'm betting its stock has more room to run," CNBC's Jim Cramer says. Given Twilio's bullish guidance for the current quarter and full year, Cramer says it's a stock to buy in weakness. "I'm not going to tell you that it's cheap, but I'd much rather own Twilio than these shiny new [IPOs].
You don't need to go fishing for risky companies to get standout growth. Here are three reliable names that could easily double or triple from here.
Twilio (TWLO), the leading cloud communications platform, today announced Trust Onboard, a feature for its IoT SIMs that enables developers to identify and authenticate cellular connected devices against cloud services. Twilio launched Programmable Wireless in April 2018, and has shipped more than a million SIMs that provide global connectivity to IoT developers. With Trust Onboard, Twilio now delivers connectivity, device identification and authentication capabilities on a single SIM, dramatically accelerating IoT time to market.
Read the beginning of this article here. The second largest position in Mark Asset Management’s equity portfolio at the end of last quarter of 2018 was in Alphabet Inc Class A (NASDAQ:GOOGL) This position counted 15,822 shares with a value of $16.53 million, comprising 4.47% of its portfolio. Year-to-date, Alphabet’s stock gained 12.79%, and on […]
Cramer says he's heard a lot of people in the last few weeks complaining about the trade war. But the truth is that money managers have a hard time figuring out which companies will actually be hurt by the tariffs, and that's why we rallied today.
"I'm not going to tell you that it's cheap, but I'd much rather own Twilio than these shiny new objects," Cramer said.
"I'm not going to tell you that it's cheap, but I'd much rather own Twilio than these shiny new objects," Cramer said.