253.75 -0.93 (-0.37%)
After hours: 5:23PM EDT
|Bid||252.01 x 800|
|Ask||253.25 x 1300|
|Day's Range||253.85 - 259.03|
|52 Week Range||143.95 - 259.51|
|PE Ratio (TTM)||58.70|
|Earnings Date||Sep 13, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||273.39|
Salesforce.com Inc., a cloud-based applications software company, is buying Datorama Inc. in an effort to boost its analytics capabilities and compete against rivals like Adobe Systems Inc. and Oracle Corp. Datorama provides cloud-based, artificial intelligence-powered marketing software for companies including PepsiCo, Ticketmaster, Unilever and Foursquare. The New York-based company, founded in 2012 by Ran Sarig, Katrin Ribant, and Efi Cohen, has previously integrated its software into Alexa, Amazon’s voice-activated assistant.
Many of those stocks have provided outstanding returns, including CRM stock, which has risen 247% in the past five years and 63% just in the past twelve months. CRM stock seems like the epitome of those market-wide concerns. Salesforce.com itself has a fantastic business model.
Adobe Photoshop (NASDAQ:ADBE) may soon be available for free in every version of Apple’s iPads (NASDAQ:AAPL) starting in 2019, according to a recent report.
Adobe Systems Inc., the maker of popular digital design programs for creatives, is planning to launch the full version of its Photoshop app for Apple Inc.’s iPad as part of a new strategy to make its products compatible across multiple devices and boost subscription sales. San Jose, California-based Adobe has been on a multiyear journey to modernize its dominant creative media software. Recently, Adobe has also begun pitching its products to hobbyists, who prefer working on mobile devices rather than PCs.
Tech and media stocks made investors a lot of money over the past five years. According to a global study from the Boston Consulting Group (BCG), the nine of the 10 large companies that generated the highest shareholder returns from 2013 to 2017 all belonged to one of those two sectors. Chipmaker Nvidia Corp. ( NVDA) came out on top, followed by subscription service Netflix Inc. ( NFLX), semiconductor specialist Broadcom Inc. ( AVGO), China’s internet service portal Tencent Holdings Ltd. (TCEHY) and social network Facebook Inc. ( FB).
As the economy reaches the later stages of its cycle and profit growth slows, investors should take a look at Goldman Sachs’ basket of more than 30 Russell 1000 stocks with high gross profit margins that have proven stable over time. Seven of those stocks, which have been recent outperformers, include Verisign Inc. ( VRSN), Amgen Inc. ( AMGN), Cadence Design Systems Inc. ( CDNS), Adobe Systems Inc. ( ADBE), IDEXX Laboratories Inc. ( IDXX), Liberty Media Corp. ( LSXMA) and O’Reilly Automotive Inc. ( ORLY).
In a matter of just a few years, “the Cloud” has evolved from a budding new tech feature to one of the main factors driving growth in the technology sector. New technologies and changing consumer behavior have changed the shape of the technology landscape, and an industry that was once centered on the personal computer has adapted to survive in the world of mobile computing and the Cloud. The markets have been paying attention, and some of the best tech stocks have been those that are either primarily cloud-based companies, or those that have shown growth in their cloud operations.
Bonanza Creek Energy, Yum China Holdings, Workday, Adobe Systems and Progress Software highlighted as Zacks Bull and Bear of the Day
In a matter of just a few years, "the Cloud" has evolved from a budding new tech feature to one of the main factors driving growth in the technology sector. With this in mind, we've highlighted three stocks that are not only showing strong cloud-related activity, but also strong fundamental metrics.
What makes one software-as-a-service business better than the next? Here are a few must-know metrics that can help tech investors identify potential winners.
Second quarter earnings season will be tricky for investors to decode. On the one hand, the raw numbers from Corporate America are likely to look impressive. Profit margins are forecast to expand by 88 basis points to an all-time high of 10.9% says strategists at Goldman Sachs, aided by a 14 percentage point reduction in the statutory corporate tax rate.
When Marc Benioff co-founed Salesforce.com (NYSE:CRM) nearly 20 years ago, he really did not talk much about Customer Relationship Management (CRM) software. This was actually kind of mundane, as the market was getting mature and Salesforce stock still was a question mark.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting ADBE. Over the last one-month, outflows of investor capital in ETFs holding ADBE totaled $4.08 billion.
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Shake Shack SHAK : “No, [it’s not time to sell]. The Kraft Heinz Company KHC : “This stock is making a move.
In sum, there are a bunch of high-growth stocks in the stock market. After all, when it comes to the stock market, timing is everything. China e-commerce giant Alibaba (NYSE:BABA) has morphed into the face of the booming China tech revolution.
With markets well-off their record highs on trade war fears, investors have a rare opportunity to unearth gems. this year, powered by many companies continuing to grow their sales and profits. "We recommend investors overweight Financials and Info Tech, and underweight the Consumer, Real Estate, and Utilities," Goldman Sachs strategist David Kostin says.