|Bid||56.33 x 4000|
|Ask||56.49 x 800|
|Day's Range||56.11 - 56.69|
|52 Week Range||40.25 - 57.53|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||20.58|
|Earnings Date||May 15, 2019|
|Forward Dividend & Yield||1.40 (2.59%)|
|1y Target Est||55.63|
Synamedia's near-term financial performance has been adversely impacted by continued revenue declines as well as by complications in the separation from Cisco. Moody's expects breakeven free cash flow over the next 12 to 18 months, with some possibility of a modest cash burn.
Eric Yuan started Zoom in 2011 after helping build WebEx. His company is now worth $15.9 billion after its IPO, and Yuan owns about 20%.
Do you really want to pay 50 times last year's sales for Zoom , a video conferencing company, one that is second-banana in share to Cisco ? Does that make sense? The answer is no. And it is worrisome.
After pricing its IPO at $36 -- above a raised price range of $33 to $35 -- Zoom opened at $65.00 on Thursday morning and closed at $62.36. The first-day jump left Zoom valued at about $18.1 billion after accounting for outstanding stock options. Shortly after Zoom began trading, I had a chance to talk with CFO Kelly Steckelberg about Zoom's long-term strategy and post-IPO plans.
Check Point Software Technologies reported slim earnings and revenue growth that narrowly topped views for the first quarter. Shares of the firewall software maker fell in early trading.
A tireless evangelist for his company's cloud-based conferencing technology, Eric Yuan used Zoom video throughout the IPO process, as well as on IPO day. Here's what he and his CFO said about the experience of the past two weeks.
F5 Networks' (FFIV) fiscal Q2 results are expected to benefit from growth in its software solutions. However, margins are likely to be under pressure due to higher spending on cloud and security.
Should investors consider adding Cisco to their portfolio? Jim Cramer weighs in TheStreet's new video segment, #AskCramer
The premium on Twilio (NYSE:TWLO) continues to increasingly draw attention. Despite warnings about valuation coming from multiple quarters, Twilio stock has recovered quickly from all of its temporary pullbacks over the last 16 months. Consequently, this has taken TWLO stock to multiples that worry investors not typically concerned with value.With any path to higher stock prices becoming more unpredictable, investors should avoid this equity for now. Trading on Vision PremiumTwilio has come to dominate the platform-as-a-service (PaaS) market. Given that so many mobile apps rely on the company's product, the company appears poised to become one of the more essential tech firms. The upshot is that Twilio stock trades with what I call a "vision premium" -- that is, companies that bring cutting-edge technologies and trade on potential future earnings rather than the multiples of today.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTwilio's vision premium has taken its forward price-to-earnings (PE) to an astronomical 437 times earnings. As a result, both my InvestorPlace peers and I have cautioned traders not to buy at these levels. * 10 S&P 500 Stocks to Weather the Earnings Storm Admittedly, Twilio dominates the PaaS niche. Also, the fact that Twilio stock has become very expensive will not necessarily take the shares down. Amazon (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) moved higher for years despite supporting triple-digit PE ratios at times.My colleague Bret Kenwell calls TWLO stock a "buy on any pullback." He points to several instances where buying at near-term bottoms led to massive profits. This thesis may continue to prove correct. Voting, Weighing and Twilio StockUnfortunately, when a stock trades well into triple-digit multiples, "predicting" begins and ends with the limits of charting. Moreover, when looking at this, I find myself turning to a quote from Warren Buffett's mentor, Benjamin Graham."In the short run, the market is a voting machine, but in the long run, it is a weighing machine."The "weighty" factors which could affect Twilio stock extend beyond the fact that TWLO trades at about 23.4x sales and more than 28x its book value. We also trade in the 11th year of a bull market, making a stock selloff more likely. With no fundamentals to support its value, Twilio might bear the brunt of such a downturn.Also, traders should consider the history of past tech leaders. Cisco (NASDAQ:CSCO) lost about 90% of its value after becoming one of the more popular tech equities of the dot-com boom. Assuming a company survives such a stock loss, the effects of these high valuations can also last for decades. Cisco still has not recovered its 2000 high more than 19 years after the dot-com bubble reached its peak. Many high-flying tech stocks have and will continue to face similar situations. Competitive Threats RemainMoreover, while Twilio has become the dominant PaaS company, competitors such as Zendesk (NYSE:ZEN) and RingCentral (NYSE:RNG) do exist. These PaaS providers hurt Twilio stock last year when Uber announced that they would look at other PaaS companies. Twilio stock recovered when the company expanded its product and service offerings. However, TWLO could face further trouble if large, deep-pocketed cloud companies such as Microsoft (NASDAQ:MSFT) or Amazon decide to compete in this space. * 7 High-Risk Stocks With Big Potential Rewards As things stand now, Twilio stock trades at about 9.6% below its 52-week high. A move higher remains possible. Still, considering its situation, I see more factors that could bring about a pullback than inspire a recovery. Bottom Line on Twilio StockTwilio stock lacks a predictable path to further share price increases in the near term. Given that valuation has not influenced the price of TWLO, it could rise from these levels. For now, TWLO stock commands a vision premium, and the likelihood that it will dominate this up-and-coming industry drives this stock for now. Still, at some point, valuation matters. With forward PE ratios well into the triple digits, TWLO appears more likely to attract more weight than votes.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. 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 Avoid Twilio Stock As Long As Valuations Remain Stratospheric appeared first on InvestorPlace.
Including sales by the San Jose company's shareholders and private placements to underwriters and Salesforce Ventures, more than $950 million in Zoom stock could change hands in the offering.
How Are Cybersecurity Stocks Trading Compared to Valuations?(Continued from Prior Part)Stock returns Cybersecurity (HACK) stock FireEye (FEYE) has taken investors on a volatile ride over the last few years. The stock generated returns of -16% in the
The birth of exchange-traded funds over the past several years has led to the birth of thematic stock investing, and that's a good thing. Specifically, ETFs -- through diversification -- allow investors to invest in themes, not stocks. This reduces the risks inherent in picking a single winner in an industry, while still giving investors exposure to the upside throughout the entire industry.In other words, thematic investing through ETFs is a great way to simultaneously reduce risk and maintain solid upside exposure.The key with ETFs, of course, is to pick the right ones. As opposed to picking the right stock, investors have to pick the right theme. This is easier to do than picking the right stock and the right theme. But, it still requires ample due diligence.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks to Buy and Hold Forever With that in mind, let's take a look six big growth ETFs investors should consider if they are looking to invest in tomorrow's most important themes. First Trust Nasdaq Cybersecurity ETF (CIBR)The Big Idea: The value of cybersecurity will only dramatically rise in an increasingly digitally connected world.Key Holdings: Cisco (NASDAQ:CSCO), Fortinet (NASDAQ:FTNT), Palo Alto Networks (NYSE:PANW), Splunk (NASDAQ:SPLK) and Okta (NASDAQ:OKTA)Thanks to the widespread proliferation of the internet and rise of things like AI, IoT and the cloud, the consumer and enterprise worlds are becoming more digitally connected than ever before. Ostensibly, this is a good thing. But, we've been reminded recently of the downfalls of this unprecedented connection through various hacks and data security breaches. Broadly speaking, everyone and every company's data is running around on the internet, and that presents huge risks for both the individual and the enterprise.Cybersecurity solutions protect against these risks. Over time, as the world becomes more digitally connected, these risks will only grow. As they do, the value of protecting against these risks will grow, too. Consequently, the outlook for the whole cybersecurity space to rise dramatically in value over the next several years is favorable. That's why the First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) looks like a solid long-term holding. First Trust Cloud Computing ETF (SKY)The Big Idea: Everything is going to cloud, and as it does, the companies that provide cloud-based services will grow tremendously.Key Holdings: VMWare (NYSE:VMW), Salesforce (NASDAQ:CRM), Netflix (NASDAQ:NFLX), Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT)Technology used to be delivered and stored on-premise. That is, you used to buy software at a store, bring it home or to the office, download it and use it on-site, with all the operations, data and workflow hosted on-site. Over the past several years, this process has changed thanks to the cloud. Now, there's no need to go to a store and buy anything. Services are delivered directly through and stored in the cloud, and this removes frictions related to on-premise delivery and storage. * 10 S&P 500 Stocks to Weather the Earnings Storm This revolution is well underway. That's why the First Trust Cloud Computing ETF (NASDAQ:SKYY), which focuses on companies that deliver cloud-based services, is up more than 100% over the past three years. But, only 20% of enterprise workloads have migrated to the cloud. At scale, that number will be closer to 100%. Thus, we are only one-fifth of the way through the cloud growth narrative, and that means SKYY still has lots of runway left to head even higher in the long run. iShares Expanded Tech-Software Sector ETF (IGV)The Big Idea: Software-as-a-Service (SaaS) stocks are winning investments, and this ETF gives you broad exposure to the world's best SaaS stocks.Key Holdings: Microsoft, Salesforce, Adobe (NASDAQ:ADBE), ServiceNow (NYSE:NOW) and Autodesk (NASDAQ:ADSK)SaaS stocks are winning stocks. Broadly speaking, these are high-growth companies with robust exposure to the cloud and software revolutions. They're also high-margin companies since costs associated with delivering cloud-hosted solutions at scale are relatively small. Further, they are often supported by steady and predictable revenue streams, which gives investors confidence regarding go-forward operational stability. Because of these winning attributes, the iShares Expanded Tech-Software Sector ETF (NYSE:IGV) is up 115% over the past three years.This big rally will continue. As stated earlier, only 20% of workloads have migrated to the cloud, so revenue growth potential remains huge. Plus, margins have lots of room to expand as the industry matures, and revenue predictability will likewise improve with scale. Overall, then, the three big tailwinds which have produced huge gains in IGV will persist for the foreseeable future, and that means that this big rally is far from over. Global Robotics and Automation Index ETF (ROBO)The Big Idea: The robots are coming, and companies that provide automation technology and services will profit tremendously in the long run.Key Holdings: Nvidia (NASDAQ:NVDA), Zebra (NASDAQ:ZBRA), Intuitive Surgical (NASDAQ:ISRG), Rockwell Automation (NYSE:ROK) and iRobot (NASDAQ:IRBT)One of the biggest trends over the next several years will be automation. Specifically, automated technologies will continue to get better and better, until they are good enough to largely replace human labor in many parts of the workforce. That's not great news for the labor market. But, it is great news for the companies that are leading this automation revolution, like Intuitive Surgical -- the company that is putting robots in the surgery room -- and iRobot -- the company that is putting robots in your house to clean your floors. * 7 Stocks to Buy for Spring Season Growth All of these leading automation companies are packaged into the Global Robotics and Automation Index ETF (NYSE:ROBO). As such, as the automation trends gain mainstream traction over the next decade, the ROBO ETF will explode higher alongside all the important automation stocks. Amplify Online Retail ETF (IBUY)The Big Idea: E-commerce is still in the early stages of a multi-year secular growth narrative, and e-commerce companies will continue to grow at a rapid rate for the foreseeable future.Key Holdings: Amazon, Wayfair (NYSE:W), Chegg (NYSE:CHGG), Etsy (NASDAQ:ETSY) and PayPal (NASDAQ:PYPL)One of the biggest growth narratives over the past several years has been the rapid rise in e-commerce. Companies like Amazon, Wayfair and Etsy have pioneered of new of era shopping from the comfort of your own home, and in so doing, have stolen tremendous market share from traditional retailers. Consequently, all those stocks have soared, as has the Amplify Online Retail ETF (NASDAQ:IBUY).These gains will continue. At the present moment, e-commerce sales represent just over 10% of total retail sales in the U.S. That's still a relatively small piece of the pie. Further, the whole industry continues to grow at a healthy double-digit rate. Thus, it increasingly appears as though we are still in the early stage of e-commerce's long-term growth narrative. As that narrative plays out over the next several years, the IBUY ETF will continue to rise. ETFMG Prime Mobile Payments ETF (IPAY)The Big Idea: Digital payments, and specifically mobile payments, are gaining massive traction, and the companies behind these payments project as big growers.Core Holdings: PayPal, Mastercard (NYSE:MA), Visa (NYSE:V), Square (NYSE:SQ) and American Express (NYSE:AXP)As digital shopping has grown, so has the digital payments world. When you shop online, you can't pay for an item with cash. You have to use a card or a digital payment account. Thus, cash has become less prevalent throughout the economy over the past several years, while digital payments have become more prevalent. This has led to huge gains in digital payment stocks like Master, Visa and Square, as well as in the Prime Mobile Payments ETF (NASDAQ:IPAY). * 7 Dental Stocks to Buy That Will Make You Smile As stated earlier, e-commerce sales only represent 10% of total retail sales, so that growth narrative is far from over. Consequently, the parallel digital payments growth narrative is likewise far from over. Specifically, within the digital payments world, we are going to see a huge rise in mobile commerce over the next several years as mobile-first apps like Instagram dive deeper into shopping. All of this implies big growth ahead for digital payments stocks and the IPAY ETF.As of this writing, Luke Lango was long PANW, CIBR, CRM, NFLX, AMZN, ADBE, NOW, ROBO, CHGG, PYPL and SQ. 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 6 Big Growth ETFs for Long-Term Investors appeared first on InvestorPlace.
Fast-growing CloudGenix Inc. has raised $65 million in new funding to help it win software defined-wide area networking (SD-WAN) customers away from Cisco Systems Inc. "Cisco is the primary incumbent in the space that we operate in and we have had a very strong win rate against them, around 90 percent," Kumar Ramachandran, founder and CEO of San Jose-based CloudGenix, told the Business Journal. It's a rival that Ramachandran knows well, having worked at San Jose-based networking giant Cisco for 11 years, including as head of product development in its wide area networking business. “We are leading a revolution in the networking industry," Ramachandran said, crediting his company's 300 percent annual revenue growth to the move to the cloud by large companies in the banking, retail, manufacturing, healthcare and technology industries.
Goldman Sachs apparently favors Arista Networks over Cisco Systems. The brokerage, which added Arista to its "Americas Conviction List" in March, on Tuesday took Cisco stock off the list.
Cisco Systems has recaptured a bit of its old magic as it continues to race from a February breakout. The time may be ripe to start taking profits from this networking icon. Cisco is IBD Stock of the Day.
U.S. equities are continuing to push higher on Tuesday thanks in part to comments from Blackrock (NYSE:BLK) CEO Larry Fink that the market was more likely to "melt up" than suffer a selloff. As the head of the world's largest asset management company, the comments attracted a fair share of attention.His reasoning? Cash on the sidelines with investors who are underinvested at a time when central bankers are "more dovish than ever." Also helping the major indices is a rebound in semiconductor stocks, which has been a highlight of the market in recent days. * 7 Stocks to Buy for Spring Season Growth In honor of Fink's comments, here are four large-cap stocks that are already melting higher and still look good for new money:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Intel (INTC) Click to Enlarge Intel (NASDAQ:INTC) shares are extending their year-to-date uptrend and pushing to new record highs after eclipsing levels reached last summer. This marks nearly a 40% rally off of the lows seen in late October and caps an impressively stable run higher. Wells Fargo analysts are eating crow after downgrading shares earlier this month.The company will next report results on April 25 after the close. Analysts are looking for earnings of 87 cents per share on revenues of $16 billion. When the company last reported on Jan. 24, earnings of $1.28 beat estimates by six cents on a 9.4% rise in revenues. Cisco Systems (CSCO) Click to Enlarge Shares of Cisco (NASDAQ:CSCO) are enjoying a rock solid rise out of their late December lows that has already bagged a 43% gain for investors as new record highs are set pretty much every day. This continues a move that stretches back to the lows set back in 2011 -- during the U.S. credit rating downgrade scare.The company will next report results on May 15 after the close. Analysts are looking for earnings of 77 cents per share on revenues of $12.9 billion. * 7 Dental Stocks to Buy That Will Make You Smile When the company last reported on Feb. 13, earnings of 73 cents per share beat estimates by a penny on a 4.7% rise in revenues. Disney (DIS) Click to Enlarge Fueled by excitement over the looming launch of its Disney+ streaming service, Disney (NYSE:DIS) shares have enjoyed a near-vertical rise over the past week, breaking up and out of a consolidation range going back to the summer of 2015.That's a long time to wait as investors wondered whether an aggressive acquisition strategy (Marvel, Star Wars, etc.) would pay off. With Star Wars-themed expansions to Disneyland and Disney World about to open, and with Netflix (NASDAQ:NFLX) on notice, those fears have faded away.The company will next report results on May 8 after the close. Analysts are looking for earnings of $1.55 per share on revenues of $14.5 billion. When the company last reported on Feb. 5, earnings of $1.84 per share beat estimates by 27 cents on a 0.3% drop in revenues. Procter & Gamble (PG) Click to Enlarge Shares of packaged consumer products maker Procter & Gamble (NYSE:PG) are extending a steady rally dating back to last April that has resulted in a gain of more than 50%.The company benefited from a shift toward more defensive issues last year amid broad market volatility, as well as solid management execution in what is a difficult environment.The company will next report results on April 23 before the bell. Analysts are looking for earnings of $1.04 per share on revenues of $16.4 billion. * The 7 Best Long-Term Stocks for 2019 And Beyond When the company last reported on Jan. 23, earnings of $1.25 beat estimates by four cents on a 0.2% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 4 Stocks to Buy Now Before They Skyrocket appeared first on InvestorPlace.
Are These Tech Stocks Overvalued after Nearing 52-Week Highs?(Continued from Prior Part)Stock returnsTechnology hardware company Cisco Systems (CSCO) has generated returns of 31% in the last 12 months. The stock was volatile last year but managed to
Cisco Systems, up 32.5% for the year, is rising Tuesday, despite being removed from the investment bank’s Conviction Buy list. It still sees more upside for the shares.
The IPO could value the San Jose company at more than $9 billion if it hits the top of its new targets, far more than the $1 billion valuation it got from private investors in its last funding round in 2017.
Deutsche Bank upgraded Netflix to buy from hold Deutsche Bank upgraded Western Digital to buy from hold Bank of America downgraded Snap-on to neutral from buy RBC downgraded British Petroleum to outperform from top pick Goldman Sachs downgraded Cisco Systems to buy from conviction buy RBC initiated Dow Inc.