|Bid||177.20 x 1000|
|Ask||0.00 x 800|
|Day's Range||186.36 - 190.34|
|52 Week Range||129.33 - 194.24|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||32.15|
|Earnings Date||May 29, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||183.08|
Today we're going to take a look at the well-established VMware, Inc. (NYSE:VMW). The company's stock received a lot of attention from a substantial price increase on the NYSE over the last few months...
“The price is too high,’’ Eric Yuan said in an interview with Bloomberg TV on Thursday. Shares of the video-conferencing service rose as much as 83 percent above its initial public offering price, and closed up 72 percent at $62 at in New York, valuing the company at $15.9 billion. The jump in the shares puts Zoom’s valuation above that of two companies that raised more money in their recent IPOs.
As financial markets have rebounded in 2019, so have shares of now-cloud giant Microsoft (NASDAQ:MSFT). Owing to its operational stability, lack of any prominent headwinds, and robust exposure to secular growth tailwinds in the cloud market, MSFT stock was largely insulated from the late 2018 market sell-off.Until December. Then, markets fell off a cliff. So did MSFT stock. In just a few weeks, it spiraled from $112 to $94.Since then, it's been nothing but up, up and away for MSFT stock. The shares rebounded back above $100 by the end of the year. They cruised past $110 by February and by April, sailed above $120. All together, MSFT stock has rebounded 30% over the past few months to trade at fresh all-time highs today.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Q3 Numbers Will Be Gut CheckThis rally is about to get a gut check. Microsoft reports third quarter numbers next week. Considering how far and how fast Microsoft stock has come over the past few months, the company needs these numbers to be good in order for the stock to hold onto its year-to-date gains.Will the numbers be good? I think so. Everything I'm looking at suggests that Microsoft's cloud business has been on fire over the past few months. Ultimately, that should lead to headline beating numbers which will keep the rally in MSFT stock alive.Bigger picture, continued cloud strength will keep MSFT stock on a longer-term winning trajectory. Until that cloud strength cools, MSFT stock will keep making new highs. Investors Brushed Off Earlier DisappointmentBroadly speaking, Microsoft's upcoming third quarter earnings report is critical because it has the power to either confirm or negate the big year-to-date rally in MSFT stock. * 10 S&P 500 Stocks to Weather the Earnings Storm To be sure, this isn't the first time we've heard numbers from Microsoft in 2019. Back in late January, the company delivered Q2 numbers that were largely underwhelming. The big negative? Slowing growth. Revenue growth slowed from 18% in Q1 to 12% in Q2, while operating profit lost its mojo, with growth sliding from 28% to 18%. The culprit behind slower top- and bottom-line growth? Slowing cloud expansion, and that wasn't a bullish sign, since the Microsoft growth narrative goes as its cloud businesses go.But, investors largely brushed off those slowing growth concerns, and MSFT stock has rallied ever since. Why? Because investors chalked-up slowing Q2 cloud growth to broadly deteriorating global economic conditions. Those global conditions have meaningfully improved since late 2018, and as such, investors are thinking that maybe the Q2 cloud slowdown at Microsoft was just a blip on the radar. They reason that Q3 numbers should be much better.From this perspective, Microsoft needs to report a solid Q3 in order to satisfy bulls and keep MSFT stock in rally mode. Earnings Will Be GoodFortunately, I think Microsoft will deliver solid third-quarter numbers.Over the past several months, Exxon (NYSE:XOM) has tapped Microsoft as its cloud service provider in what is reportedly the largest cloud computing partnership in the oil industry. Volkswagen struck a similar large cloud deal. Meanwhile, Microsoft has teamed up with Adobe (NASDAQ:ADBE), VMWare (NYSE:VMW), and Slack in separate landmark partnerships, all of which have only broadened the utility and use cases of Microsoft's enterprise cloud solutions. Microsoft has also been named as one of the finalist for the Pentagon's huge JEDI contract, with the other being Amazon (NASDAQ:AMZN).In other words, it appears that over the past several months, Microsoft's cloud businesses have re-gained momentum that was lost in late 2018. This momentum will show up through improved Q3 growth rates, which will excite bulls and keep the stock in rally mode. * 7 High-Risk Stocks With Big Potential Rewards Longer term, this trend should continue to play out in favor of MSFT stock. The global cloud growth narrative is still in its first few innings, and Microsoft has established itself as an entrenched and dominant player in that industry. Thus, as cloud becomes a bigger and bigger piece of the total Microsoft pie, overall growth rates and margins will continue to improve. That will lead to healthy profit growth, which will ultimately keep MSFT stock on a winning trajectory. Bottom Line on MSFT StockThe big picture here is very easy to digest. Cloud is a huge growth industry, and Microsoft is right at the heart of all that growth. Thanks to the company's dominant position in the secular growth cloud industry, MSFT stock has secured a bright future for itself.As of this writing, Luke Lango was long ADBE and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Cloud Strength Will Keep Microsoft Stock On A Winning Path appeared first on InvestorPlace.
The listing is set to be fourth biggest in the U.S. so far this year, after Lyft Inc.’s $2.34 billion IPO and Tradeweb Markets Inc.’s $1.24 billion offer in March. Digital scrapbook company Pinterest Inc. is seeking to raise as much as $1.27 billion in its IPO Wednesday. Uber Technologies Inc., whose IPO is expected to take place in May, is likely to be the largest in the U.S. this year.
Stock in Dell will rise as profit margins at the company benefit from lower prices for memory chips, the bank says.
Friday started another earnings season with JP Morgan Chase, Wells Fargo and PNC Financial all posting results.JP Morgan reported record profit and revenue, Wells Fargo beat expectations on quarterly earnings. PNC was the laggard in that it only met analyst expectations, but reported higher expenses and provision for credit losses.Of course, it's much too early to tell what will happen the rest of this earnings season, but the anticipated story for the quarter does seem to have changed in recent weeks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEarlier this year the conventional wisdom around Q1 2019 earnings was about how bad they would be. Mostly this is because last year's first quarter was so outstanding that this year can't help but look bad in comparison.But lately, we are seeing some signs that the quarter will not be as bad as previously thought. And, as my colleague Jeff Remsburg explained recently, it's often the surprises against expectations that move the market.There is no arguing that the market's performance in 2019 has been outstanding. Stocks are up nearly 15% year to date, as tracked by the S&P 500 Index. To help put into perspective just how good that is, last year from the start to the top in September, the S&P 500 Index was up only 9.62%.So, what's driving all the buying?Neil George, Editor of Profitable Investing attributes it to 4 factors.No. 1 is fear of missing out, (also known as "FOMO").The idea that if you don't get in and buy that you'll miss out on the big rally is getting more investors to unpark their cash and get it into the market.No. 2 is that the Federal Reserve Federal Open Market Committee (FOMC) finally got its messaging right.The FOMC laid out the plan to watch core inflation, as measured by the Personal Consumption Expenditure Index (PCE). It wanted to see the PCE reach 2% or more before it would act. Then the FOMC acted anyway, reducing its massive bond portfolio and stoking fears of more aggressive actions alongside raising its target range for the federal funds rate.Then, with the stock market slipping and political pressure mounting, the FOMC punted. Now it's going to be passive for a while. And with interest rates still not far from post-crisis levels, the credit market supports a buoyant stock market.No. 3 is the bond market.The US 10-year Treasury is sitting near 2.5% and remains well bought in the market. This is helping boost the housing market since this is the benchmark for mortgage rates. A strong housing market helps a lot of US sectors.And with lower Treasury yields, corporate and municipal bonds look even more attractive for the same bond investors. Low yields also reduce funding costs for corporations, which helps the economy and the general stock market.No. 4 is the US dollar.The dollar, as measured by the Bloomberg US Dollar Index, is up nearly 7% over the past year. That makes the US a prime destination for global investment.But he does see some potential downside for some stocks - especially for one sector. As earnings roll in, Neil is watching the tech sector very closely and notes that big earnings disappointments in those stocks could drive everything lower.Neil is recommending defensive and income stocks to his Profitable Investing subscribers, and you can get all his analysis and picks right here.Neil is continuing to track these factors and remains bullish overall.Another one of our advisers also is feeling bullish - especially about April.Louis Navellier, editor of Growth Investor, pointed out that at least one of the signs he tracks is pointing to more stock market gains.Historically, April is one of the seasonally strongest months of the year. In fact, it is often the third strongest month of the year, lagging only November and December. Interestingly, the bulk of April's gains come in the second half of the month, as Tax Day passes and the first-quarter earnings announcement season gets underway.This year, though, April is lining up to be a strong month overall.A recent report from the folks at Bespoke revealed that a positive start to the month of April is a good omen for the rest of the month. Since 1945, when the S&P 500 kicks off April with at least a 1% gain, the index is up an average 4.2% in April.And as you can probably guess, the S&P was up more than 1% in the first week of April. That translates into a very positive sign for the market, and Louis expects it to climb higher in the upcoming weeks and months.And one of Louis stocks just hit another 52-week high.We've written before about VMWare, a software company that develops computer programs used to create and manage virtual machines. In other words, they help make cloud computing possible.Back in March I noted that it had reached a 52-week high and had officially doubled in Louis's portfolio.Let's look at an updated chart.When I wrote about it before, it was trading at $176.66, and as you can see it's now trading at $192.44, an increase of just under 9 percent just since early March.Here is part of Louis's latest update on a stock he has held in his Growth Investor portfolio for more than two years.On February 28, VMware reported better-than-expected earnings and sales for its fourth quarter. Revenue rose 16% year-over-year to $2.59 billion, slightly better than forecasts for $2.5 billion. And earnings jumped 25.3% year-over-year to $823 million, or $1.98 per share, which topped estimates for $1.88 per share.For the first quarter in fiscal year 2019, VMware is expected to achieve earnings of $1.28 per share on $2.24 billion in revenue, which represents 11.8% annual revenue growth and 1.6% annual earnings growth. VMW is a Conservative buy below $195.Picking stocks that will double in your portfolio is never easy, but it does seem as if the market is poised to make bigger gains in the weeks and months ahead.As always, we advise investors to stay focused on their plan and the fundamentals of their investments. Neil sees some possible danger signs in tech stocks and Louis still believes the market is going to narrow.To a richer life,Luis Hernandez, Editor in ChiefCompare Brokers The post Why April is a Great Month for Stocks appeared first on InvestorPlace.
Stocks blasting to new highs usually come bearing gifts -- for bulls, at least. If you're a bear, then beware because these super-powered leaders pack a punch. And that makes them some of the best stocks to buy.I ran a quick scan last night for new yearly highs. With Wednesday's rally, dozens of stock made the list, giving me ample choices from which to identify who deserved a coveted spot in today's gallery. The infatuation with stocks that are blazing into virgin territory, or at least new yearly highs, is well founded.Shareholders are basking in profits. There is no overhead supply, no group of afflicted owners begging to get back to breakeven. Short sellers are losing money -- more than ever before. And that creates some serious incentive to cover their positions.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 AI Stocks to Watch with Strong Long-Term Narratives More demand + less supply = bullish.Check out these three stocks to buy at new highs. Stocks to Buy at New Highs: Cisco (CSCO)Source: ThinkorSwim Were it not for Cisco's (NASDAQ:CSCO) inclusion in the list, the title would have been "3 Stocks to Buy at Record Highs." But during the height of the dot-com bubble, CSCO stock rallied as high as $82 before its crash to single digits. And that means this week's jump to $55.82 only represents a fresh 19-year high.It's still impressive. The strength of this year's uptrend has been matched by its consistency. The 20-day moving average has proven the perfect companion by supporting every pullback. Recent profit-taking formed a high base pattern that potentially triggered with yesterday's rip.Given this year's history of profitable breakouts, I see no reason to bet against another upside thrust. Consider buying the June $55 calls for $2.65. Paypal (PYPL)Source: ThinkorSwim Since breaking out of last year's trading range, Paypal (NASDAQ:PYPL) has been on a tear. With yesterday's bump, its year-to-date gains now stand at 28%. The last upswing saw increasing momentum, and all major moving averages are rising beneath the price.Volume patterns are also backing the bulls. I see a handful of accumulation days over the past quarter, with only a few sporadic episodes of distribution. * 10 Dow Jones Stocks Holding the Blue Chip Index Back The next earnings report looms on April 24, so consider that the wild card. But if you believe the trend continues, then buy the June $105/$110 bull call spread for $2.70. You could come close to doubling your money if PYPL stock rises above $110 by June expiration. VMware (VMW)The price action of VMware (NYSE:VMW) has largely mirrored PYPL, at least recently. Its trend is booming, with the moving averages stacked atop each other in bullish form. Distribution has disappeared, with hardly any significant selling pressure. Implied volatility is even tanking, showing uncertainty is running low these days.Pattern-wise, we've seen VMW stock develop a mini ascending triangle formation that it finally completed with Wednesday's surge. If this breakout follows the script of its predecessors, big gains await. I suspect we will see a push toward $200.To capitalize, buy the July $190/$200 bull call spread for $4.60. The liquidity of VMW options is mediocre, so limit orders are a must here.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * FAANNG Stocks, Ranked From Cheapest to Most Expensive * 7 Stocks With a Lot on the Line This Earnings Season * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Compare Brokers The post 3 Stocks to Buy at New Yearly Highs appeared first on InvestorPlace.
VMware Inc NYSE:VMWView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for VMW with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.25 billion over the last one-month into ETFs that hold VMW are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Use the swoon to buy, but wait until the coast is clear and nothing happens and it is just a random rotation.
CARLSBAD, Calif., April 04, 2019 -- VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, today announced recipients of the VMware 2018 Partner Innovation.
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced a fundamental transformation of its partner program landscape, re-imagining the way the company does business with and for its partners to deliver simplicity, choice and innovation. At the company’s Partner Leadership Summit, VMware unveiled VMware Partner Connect, a new, dramatically simplified and flexible program that will go live early next year. The program will enable partners to do business with VMware in a way that aligns to their business models.
New VMware vRealize Operations 7.5 to Deliver New and Enhanced Self-Driving Operations Capabilities for Software Defined Data Center and Hybrid Cloud EnvironmentsNew VMware.
Sprint (S) is coming up with new ideas and solutions to better serve customers and help business enterprises improve their relationship with employees.
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Goldman Sachs expects the Fed;s newly dovish policy to lead to a gradual increase in inflation, favoring high-margin stocks with “pricing power.”
"The Cloud" has evolved from a budding innovation in tech to one of the largest factors driving growth in the technology sector in only a few years. So check out these three Zacks buy-ranked cloud stocks to consider right now.
VMware, Inc. (VMW), today announced advancements to VMware Cloud that further the company’s vision for delivering the essential, ubiquitous Digital Foundation to support customers’ and partners’ digital transformation.
Pivotal Software (PVTL) fourth-quarter fiscal 2019 results benefit from growth in subscription revenues on the back of increase in customers and services adoption.
Jim Cramer chats with Nutanix CEO Dheerej Pandey to find out what the company will do to bounce back from its most recent disappointing earnings report.