|Bid||40.25 x 1800|
|Ask||40.70 x 1200|
|Day's Range||38.60 - 40.78|
|52 Week Range||26.38 - 65.70|
|Beta (3Y Monthly)||0.83|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.67|
On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high call options volume in Zillow Group Inc (NASDAQ: ZG). Learn from Jon Najarian and other traders in person at the Benzinga Global Trading Investing Summit June 20 in New York City! Pete Najarian noticed some short-term call options activity in Mosaic Co (NYSE: MOS).
Nearly 45 million Americans will reach the general age of first-time home buyers in the next 10 years, 3.1 million more than in the 10 years prior, according to a recent analysis by Zillow.
The median U.S. home value dropped from March to April, the first monthly decline since February 2012 - The typical U.S. home is worth $226,800 , down 0.1% month-over-month. - The median home value has ...
It was just a slight drop, but home values here and across the country fell in April for the first time in more than seven years.
Check out the companies making headlines midday Wednesday:Fiat Chrysler Automobiles FCA-IT , Ford Motor F , General Motors GM — Shares of the companies got a boost on news that the White House plans to hold off on slapping tariffs on autos by six months .
Guggenheim’s Jake Fuller said in a note to clients that Zillow’s recent results “have shown that there is demand” for the company’s buying and selling program.
was up more than 5% on Wednesday following an upgrade by Guggenheim Securities. Shares of class A and C stock were trading around $38.51 on the Nasdaq following a bump to buy from neutral by Guggenheim analyst Jake Fuller. Citing the reasons for the upgrade in his note, Fuller wrote that Zillow's core advertising business has stabilized and its Offers services has surpassed expectations and is likely to top ad revenue in the fourth quarter and see more than a billion dollars in revenue in its first full year.
Zillow is among a handful of companies dedicated to "digitizing things," but Fuller said its business model is complex and unprofitable. Among one of the more "skeptical" business lines, the company's Offers business allows homeowners to sell their property directly to Zillow. For the business idea to work a homeowner likely needs to sell their property at a discount to its fair market value for Zillow to turn a profit.
The Chinese e-commerce giant beat estimates by a wide margin on both the top and bottom lines, driven both by increased user engagement and growth in its cloud business. Tilray TLRY — Tilray reported an adjusted quarterly loss of 27 cents per share, two cents larger than analysts were expecting. The Canadian marijuana producer's revenue did come in above estimates, helped by acquisitions, legalization of recreational marijuana use in Canada and growth in its medical markets.
NEW YORK , May 13, 2019 /PRNewswire/ -- Glencore plc (GLNCY) Lifshitz & Miller announces investigation into possible securities laws violations regarding allegations that GLNCY and other trading firms ...
SEATTLE, May 13, 2019 /PRNewswire/ -- Starting today, home sellers in Minneapolis-Saint Paul can use Zillow Offers™ to request a no-obligation cash offer from Zillow to buy their home. Minneapolis-Saint Paul is the tenth market where Zillow now directly buys homes, prepares them for showings and quickly lists them for sale. Zillow Offers first launched in Phoenix just over a year ago, and in that time, more than 100,000 home sellers have requested a Zillow Offer.
The tech-ification of the Twin Cities real estate market continues with the local launch of Zillow Offers.
Stocks that moved substantially or traded heavily on Friday: Symantec Corp., down $2.78 to $19.39 The security software maker's CEO abruptly resigned and the company issued a weak profit forecast for the ...
It has been a rocky week. On Monday we gapped lower on trade concerns, only to see bulls salvage most of the losses on the day. They were then overpowered on Tuesday and Wednesday, and while they lost ground Thursday and for most of the day on Friday, they were able to buoy the market into the green toward the end of the day. A trade deal squashes the bears and ignites a rally, while an escalation could cause further selling. Let's look at a few top stock trades for next week.Earlier in the week, there were a few studs that were holding up incredibly well to the selling. For the most part, that still remains the case. Top Stock Trades for Tomorrow No. 1: Yelp Click to EnlargeInvestorPlace - Stock Market News, Stock Advice & Trading TipsShares of Yelp (NYSE:YELP) are being destroyed on Friday, falling 13% after the company disappointed with its quarterly earnings results.The stock is dropping below a key support level and all three of its major moving averages. This is not something that attracts me on the long side. The $33 level is buoying Yelp for now, but under $34 to $34.50 and it's still a no-touch for me. Below Friday's lows, and Yelp's 52-week lows are on the table.If it can't get back above prior support, it may set up as a short. Above there and it could get a bounce back to its 50-day. Top Stock Trades for Tomorrow No. 2: Zillow Click to EnlargeZillow (NASDAQ:Z) is trading better on the day, up about 6% after it reported earnings. However, shares closed notably below its opening highs.The action broke Z out of its downtrend channel, but other resistance has stepped up in a big way. $38 cracked initially but held it in check, as did its 200-day moving average. Now Z sits in a vital area. It has to hold the 50-day and backside of prior channel resistance if it wants to go higher.If it does, a retest of $38 and the 200-day are in the cards. Above that and it can really gain some upside momentum. A break below the 50-day though sends it back to the 20-day moving average and possibly back into its prior channel. Top Stock Trades for Tomorrow No. 3: Lyft/Uber Click to EnlargeUber (NYSE:UBER) finally went public, but it's not living up to hype, down about 5% to $42.50. Lyft (NASDAQ:LYFT) is also getting hit, down about 7% and making new 52-week lows.This group is hurting, big time. Lyft is already down more than 40% and hit a low of $50 in the session. Some well-respected traders I follow have considered sticking their toe in the water with Friday's lows acting as their stop-loss.That's a reasonable bet with limited risk. Below short-term range support at $56 and I remain leery of LYFT. For those who play long, look for a rebound to this area, but expect it to act as resistance if it gets there. $56 buoyed Lyft several times in April, but broke earlier this week. Looking at the chart above, you can see that subsequent tests of this area failed. * 7 Cloud Stocks to Buy on Overcast Days As for Uber, this article suggests not to trade it on Day One. Given how Lyft has gone, it's not bad advice. Top Stock Trades for Tomorrow No. 4: Berkshire Hathaway Click to EnlargeThe action in Berkshire Hathaway (NYSE:BRK.B, NYSE:BRK.A) has been interesting. At right is a look at the B shares, where we can see that they have been fighting off a breakdown these last few days.Both times the stock dropped down to about $204, but recovered to close above the 50-day and 200-day moving averages. This is a great setup, as investors can go long Buffett's baby with a stop just below the two-day low, or at about $204. Top Stock Trades for Tomorrow No. 5: Twilio Click to EnlargeTwilio (NYSE:TWLO) burst higher on earnings and gave up all of its post-earnings gains in a single session last week. It was a sign that the results were good, but not enough to lift a super hot stock even higher.That's actually okay action if you're a long-term investor. However, both long-term and short-term investors have to love the way that TWLO stock has held up this week. It's hugged that 50-day incredibly well and sets up a great risk/reward.Below the 50-day and investors can walk. Otherwise, a breakout over $135 is looking more and more likely. My first target would be the earnings-day highs just over $142.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 * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post 5 Top Stock Trades for Monday: Uber, Yelp, Berkshire appeared first on InvestorPlace.
Zillow Group Inc (NASDAQ: ZG) shares soared Friday after reporting a big jump in revenue from its new business in buying and selling homes, but the stock was offering better upside than the houses themselves. The company’s Premier Agent business still was the top revenue source for the company, bringing in $217.7 million. Benchmark’s Daniel Kurnos noted Zillow beat nearly every metric in the first quarter, driven by the new Homes revenue, which was also guided up 85 percent quarter-over-quarter at the mid-point.
Jeffries analyst Brent Thill said in a note to clients Friday morning that the company’s shift into buying and selling homes “remains one of the most significant business transformations we’ve seen in 20+ years covering tech.”
Seattle-based Zillow's stock jumped nearly 13%, or $4.26, to $37.82 in early trading after reporting a net loss of $67.5 million, or 33 cents a share, vs. a year-earlier loss pf $18.6 million, or 10 cents a share. Zillow Offers is a more recent home-flipping initiative that helps consumer buy and sell renovated homes quicker. Excluding taxes, Zillow's unit that includes the home-flipping unit reported a loss of $45.2 million.
Zillow Group Inc. plans to launch its home-buying and selling service in Austin by the end of the first quarter of 2020. The Seattle-based online real estate data company on May 9 announced the expansion to the Texas capital and 11 other U.S. cities. Similar to real estate technology startups Opendoor and Offerpad that launched in Austin a few months ago, Zillow Offers allows home sellers to request a cash offer to buy their home.
Zillow scored a major vote of confidence from Guggenheim Analyst Jake Fuller who upgraded the stock to buy and introduced a new price target of $45. Yahoo Finance's Jen Rogers, Myles Udland, Andy Serwer and Brian Sozzi discuss.