|Bid||150.02 x 4000|
|Ask||150.74 x 1000|
|Day's Range||148.62 - 153.75|
|52 Week Range||52.02 - 159.97|
|Beta (3Y Monthly)||1.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||162.95|
Last week, you might have seen that Coupa Software Incorporated (NASDAQ:COUP) released its third-quarter result to the...
In his second "Executive Decision" segment of Mad Money Tuesday, Jim Cramer sat down with Rob Bernshteyn, CEO of Coupa Software , the cloud-based expense management platform that just delivered a massive 14-cents-a-share earnings beat. Bernshteyn said whether it's good times or bad, companies always want to control their expenses, which is why Coupa has become so popular and continues to grow. Expanding on the notion of value, Bernshteyn said that not only can companies track expenses with Coupa, they can even get preferential treatment and pricing from select suppliers.
We can't shrug off trade talks entirely -- mostly because of tech, says Jim Cramer. We'll see more 'faux' trade pain before we see gains.
Coupa Q3 earnings and revenue topped consensus estimates though the size of the software maker's sales and billings beat fell short of some expectations. Coupa stock fell.
It was another down day as traders fear that the trade war could worsen before it gets better. Let's look at a few top stock trades in the meantime. Top Stock Trades for Tomorrow No. 1: Coupa Software (COUP)Source: Chart courtesy of StockCharts.comCoupa Software (NASDAQ:COUP) was just unlucky when it came to its earnings date. The market took a hit on Monday and Tuesday, with COUP reporting after the close on the former.It sent shares reeling at the open, but the stock has since recouped most of those losses. Okay fine, I'll show myself out after the charts, but this one is exciting.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe stock found support at the 50-day and 100-day moving average. After briefly breaking below these marks, shares reclaimed them and rallied higher. Conservative bulls who go long COUP can now use a close below the 50-day and 100-day moving averages as their stop-losses. More aggressive traders will use Tuesday's low. * 7 Exciting Biotech Stocks to Buy Now Either way, let's see if the stock can rally up to resistance between $155 and $160. If it can, a breakout could be on deck. On the flip side, a move below Tuesday's low could put $125 and/or the 200-day moving average on the table. Top Stock Trades for Tomorrow No. 2: Peloton (PTON)Source: Chart courtesy of StockCharts.comFirst Peloton (NASDAQ:PTON) was hated. Then it was apparently loved as momentum traders got a hold of it and ran it from the low-$20's to a high of $37 just the other day. The stock even rallied 4.5% in the face of a market-wide correction. There were only a handful of stocks showing relative strength that day.In any regard, shares were down 9% with less than one hour to go in Tuesday's trading session. It leaves PTON sitting right on the 78.6% retracement. After such a big move up, I'm not in any rush to buy Peloton on its first sign of a pullback.If the 78.6% retracement holds, let's see if PTON can erase some of these losses. If not, look for a test down into the $30 to $31 area, where Peloton will find a momentum breakout spot, as well as the 61.8% retracement and 20-day moving average. Falling below that level puts the $29 IPO price on the table. Top Stock Trades for Tomorrow No. 3: Canopy Growth (CGC)Source: Chart courtesy of StockCharts.comThe S&P 500 spent much of the session lower by more than 1%, yet cannabis stocks were holding up. In fact, they weren't just avoiding new lows, they were actually trading higher.Specifically regarding Canopy Growth (NYSE:CGC), bulls have to see two things from the stock, one of which needs to happen, the other of which can't happen. CGC needs to break above downtrend resistance and needs to avoid making new 52-week lows.Regarding the latter, the 50-day moving average has been a lid on the stock price and most recently rejected CGC amid its late-November surge. While holding up over $17.50 in the short-term is good, we need to see more before we can trust CGC on the long side. Clearing the 50-day is the first step in that process.Trading higher amid a down day in the markets could be a positive development in that regard. Let's keep an eye on this one. Top Stock Trades for Tomorrow No. 4: Realty Income (O)Source: Chart courtesy of StockCharts.comOne of America's favorite REITs, Realty Income (NYSE:O) has been struggling lately. For those looking to buy, they may hope those struggles continue.Shares look to be setting up in a descending triangle pattern (blue lines). That's where downtrend resistance continues to squeeze a stock lower into a static level of support. If it gives way, it should usher in lower prices.I don't know that O will get down to $72, but it would make an excellent buy as it pertains to risk/reward. If its decline takes time, though, the 200-day moving average may support the stock before it gets there. Top Stock Trades for Tomorrow No. 5: FedEx (FDX)Source: Chart courtesy of StockCharts.comIt feels like FedEx (NYSE:FDX) stock has been struggling for a long time now. $150 has been support over the past year, with one slip down to $138 in October.Falling below $150 puts that sub-$140 level on watch again. Below that and even more selling can take place. Before we can really trust FDX on the long side, we need to see it reclaim downtrend resistance and the 50-week moving average.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 Exciting Biotech Stocks to Buy Now * 10 of the Best Stocks to Buy Right Now From the JUST 100 List * 4 Marijuana Stocks to Own If the U.S. Legalizes Pot The post 5 Top Stock Trades for Wednesday: COUP, PTON, CGC appeared first on InvestorPlace.
Coupa Software's (COUP) third-quarter fiscal 2020 results benefit from robust adoption of Coupa BSM and market traction of Coupa Pay offerings.
Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), today announced that it was selected to digitally transform BMW Group's business spend management. In the coming months, Coupa will deploy its BSM platform globally across BMW Group to help harmonize and optimize the automaker's purchasing processes and increase efficiency and effectiveness across all products.
Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), today announced the findings of the Q4 Coupa Business Spend Index (BSI). The report revealed that although sentiment has ticked up slightly overall, U.S. businesses remain cautious about the economy over the next three-to-six months, likely attributed to uncertainty about the future direction of U.S. trade policy and political unrest.
Dow Jones futures turned lower after President Donald Trump said it might be better to wait until after the 2020 election to reach a China trade deal.
Northland Securities' Robert Breza now targets $165 at Coupa, which makes software businesses use to track, and make optimal use of, their outlays.
COUPA SOFTWARE (COUP) delivered earnings and revenue surprises of 185.71% and 5.47%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
Benzinga Pro's Stocks To Watch For Monday Evofem Biosciences (EVFM) - Announced its AMPREVENCE study met the primary and secondary endpoints of “reducing the risk of chlamydia and gonorrhea infection, ...
Coupa Software has formed a large "broadening pattern" ahead of its earnings report due out after the close this Cyber Monday. The "broadening pattern" dates back to the 1910's and was believed to be a sign that pool operators were active in a stock by running it up and down to generate activity and attract attention from investors. Chart watchers quickly learned that the pattern could be either a continuation pattern where prices continued the trend that was in force before the pattern or it was a reversal pattern and the stock reversed direction.
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved dearly, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 20 S&P 500 […]
Coupa Software's (COUP) Q3 performance is likely to have gained from an expanding customer base, backed by sturdy adoption of Accelerate and virtual cards for POs.
Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), announced today that its management team will participate in two upcoming investor conferences.
Additionally, the Board of Directors also accepted the resignation of Mr. Todd R. Ford, effective November 15, 2019. Mr. LaCamp currently serves as VP Finance at Coupa Software (COUP), a leader in business spend management. At Coupa, he is involved throughout the financial strategy and operations including M&A diligence and integration, FP&A, internal controls, financial reporting, and sales operations.
Coupa Software easily beat quarterly views and guided higher, but business expense management software maker typically easily beats views. Shares plunged as much as 8.7% but rebounded to close down xxx. Still has a 160.07 cup-base buy point – could have a handle soon.