|Bid||5.42 x 1800|
|Ask||5.45 x 4000|
|Day's Range||5.15 - 5.47|
|52 Week Range||3.58 - 7.23|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 18, 2020 - Feb 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.80|
Gogo (NASDAQ: GOGO), the leading global provider of broadband connectivity products and services for aviation, and Spanish satellite operator, Hispasat, announced today a capacity agreement on Amazonas Nexus satellite to meet the growing global demand for high-speed inflight connectivity services.
With the amicable settlement of the litigation process, AT&T (T) is likely to focus more on the upcoming launch of the HBO Max streaming service this Spring.
Delta Air Lines CEO Ed Bastian’s address at the Consumer Electronics Show was all about his plans for high-tech innovation. Lots of other companies could gain if Delta succeeds.
For the first time in weeks, we finally got some selling pressure in the broader market. Buyers did step up to bid equities off the lows, but the pullback was the first notable selling action we've had in a while. Let's look at some top stock trades as well. Top Stock Trades for Tomorrow No. 1: Apple (AAPL)Source: Chart courtesy of StockCharts.comIt looked like Apple (NASDAQ:AAPL) was finally starting to peter out. It ran out of gas on Friday, hitting a new all-time high and reversing lower. The stock opened lower on Monday and sold off, down to $285.Buyers stepped in just like they did for the broader market on Monday. Only unlike the U.S. stock market, Apple stock surged higher on the day, nearly hitting a new all-time high in midday trading.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo what now? I still wouldn't be surprised to see this name hit or even clear $300 ahead of earnings later next month. But a 100% rally inside a calendar year and a gain of roughly 54% from the August lows is simply too much, too fast.Eventually Apple stock will need to pull back. * 6 Transportation Stocks That Are Going Places Whether that's down to the latest gap-and-consolidate level near $280 or the rising 20-day moving average, I'm not sure. In each month since September, dips to the 20-day moving average have been aggressively bought by investors. Falling below that mark puts uptrend support (blue line) on the table.Below that and hitting the 50-day moving average is possible. Top Stock Trades for Tomorrow No. 2: Nio (NIO)Source: Chart courtesy of StockCharts.comWow. That's all I can say about Nio (NYSE:NIO), which was up 100% on Monday at its highs. Has the game changed for Nio after its better-than-expected earnings report?The stock hit a low of $1.19 in October and has been putting in a series of higher lows since. That has formed an uptrend support mark (blue line). Nio was even breaking through the $2.50 mark, although it was stuck at this area ahead of earnings.Essentially, it was a coin toss. Good earnings would ignite the stock. Poor earnings would send it back to $1.50 and possibly lower. Luckily for bulls, it was the former, with shares igniting over various resistance levels and reclaiming the 200-day moving average.Bulls will now want to see shares hold up over $3, keeping it above the 200-day, 78.6% retracement and former downtrend mark (purple line). On the upside, see if Nio stock can reclaim the 61.8% retracement at $4.80 and take out the $5 mark. Top Stock Trades for Tomorrow No. 3: Tesla (TSLA)Source: Chart courtesy of StockCharts.comLike Apple, Tesla (NASDAQ:TSLA) hit a new high on Friday before closing lower in the session. Unlike Apple, though, Tesla sellers hit the stock hard on Monday, with shares sinking more than 4% at one point.Is the run over? Not quite. Or if it is, it's not apparent yet.Earlier this month, shares broke out over channel resistance (blue line). On Monday, this former resistance mark acted as support, as buyers bid Tesla off the lows. That said, I wouldn't be surprised if sellers pushed it lower from here.Multiyear resistance was in play between $380 and $390, until Tesla broke out over it in December. So some kind of decline down into the $380 to $400 level wouldn't be a surprise at this point. That's particularly true given the psychological significance of the $400 price and with the rising 20-day moving average near $386.50.If Tesla does pull back this far and doesn't find support between $380 and $400, look for channel support and the rising 50-day moving average to buoy the name. Top Stock Trades for Tomorrow No. 4: Gogo (GOGO)Source: Chart courtesy of StockCharts.comEach of the names above have had a rather lengthy discussion. Not Gogo (NASDAQ:GOGO) though.The stock bounced off its 200-day moving average in late-November and has been putting in higher lows since (purple line). Gogo has also reclaimed its 20-day and 50-day moving averages, while Monday's pullback was quickly gobbled up by buyers near $6.Keep in mind, Gogo will be a bumpy ride. But if the stock can break out over channel resistance (blue line) and take out the recent $6.74 high, it could gain serious momentum.On the downside, watch uptrend support (purple line). Below it means Gogo has broken trend has lost its short-term moving averages. That will put the 200-day moving average on watch, as well as channel support.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AAPL and GOGO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Transportation Stocks That Are Going Places * 5 Bold Stock Market Predictions for 2020 * 3 Beer Stocks to Own Heading Into New Year 2020 The post 4 Top Stock Trades for Tuesday: AAPL, NIO, TSLA, GOGO appeared first on InvestorPlace.
AT&T (T) collaborates with Deloitte to foster digital transformation, virtual learning and development opportunities by deploying 5G solutions and MEC in the latter's university campus.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the third quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
Today we found three 'cheap' tech stocks trading under $10 per share with the help of our Zacks Stock Screener that investors might want to buy heading into 2020...
Markets were hit hard in early Monday trading, as trade tensions spooked investors. Let's look at a few top stock trades as we enter the last trading month of 2019. Top Stock Trades for Tomorrow No. 1: Roku (ROKU)Source: Chart courtesy of StockCharts.comRoku (NASDAQ:ROKU) was down around 7% in pre-market trading thanks to a negative analyst note from Morgan Stanley. At 8 a.m. ET, not many were expecting the stock to be down 17% a few hours later.But that's exactly what we had, before shares erased some of those gains. While Roku was hammered on a day where the rest of the market was under pressure too, a 17% beating is not really a fair response given that nothing actually changed with the company.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo how do we trade it?The decline all but solidified $170 as resistance, but support came into play where it needed to. The 50-day moving average is near $132, while the 100-day is at $130. Not many expected Roku to go from $160 to $132-and-change in one day, but with Monday's bounce, support is doing its job. * 7 Entertainment Stocks to Buy to Escape Holiday Blues Below $130, though, the $116 to $120 area could be in the cards. Otherwise, let's see if Roku can fill some of this gap. Top Stock Trades for Tomorrow No. 2: Gogo (GOGO)Source: Chart courtesy of StockCharts.comOn tough market days, I love to look for the stocks showing relative strength. Unlike many in the market, Gogo (NASDAQ:GOGO) was positive throughout the session.On Friday, the 200-day moving average held as support, along with channel support (blue line). On Monday, the stock reclaimed the 100-day moving average. Now, bulls need to see the stock hold the $5.25 level and continue higher.If it does, look to see if Gogo can reclaim the 50-day moving average. Above puts $6-plus on the table and a possible retest of channel resistance. If it doesn't, $5 is back on the table. Top Stock Trades for Tomorrow No. 3: Bank of America (BAC)Source: Chart courtesy of StockCharts.comLike Gogo, Bank of America (NYSE:BAC) also displayed relative strength on Monday. In fact, BofA hit a new 52-week high.I have been waiting -- AKA hoping -- for a pullback in BAC stock, as its Q4 breakout has been very impressive. The stock continues to do an excellent job holding onto its recent gains, something many traders have surely noticed.$33 was resistance last week, but holding above it now puts $34-plus on the table. If it falls below $33, let's see if uptrend support and the 20-day moving average can buoy the name.If not, see if buyers step in around $32. Dropping below there could put the 50-day moving average on watch. If we get a real correction in the market, a retest of $30.50 to $31 would be attractive in BAC. Top Stock Trades for Tomorrow No. 4: Bristol-Myers Squibb (BMY)Source: Chart courtesy of StockCharts.comNot to beat the relative-strength theme to death, but Bristol-Myers Squibb (NYSE:BMY) was also on display Monday. Channel support (blue line) held throughout last week, and shares are now trying to push through $58.From here, the setup is straightforward. Either BMY reclaims $58 or it doesn't.If it does, it puts the 52-week high of $59.17 on the table, with channel resistance being the upside target above that. If Bristol-Myers can't reclaim $58, then channel support will again be called on. Should it fail, see if buyers step in near $55 again, while the 50-day moving average should act as support as well.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long GOGO and ROKU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Things to Watch for into 2020 for Safer Income & Growth * 7 Entertainment Stocks to Buy to Escape Holiday Blues * 5 "Strong Buy" Biotech Stocks With More Than 80% Upside The post 4 Top Stock Trades for Tuesday: ROKU, GOGO, BAC, BMY appeared first on InvestorPlace.
The radical restructuring process is likely to feature an "operational spin-off", whereby Telefonica (TEF) will create two separate business entities, namely Telefonica Tech and Telefonica Infra.
AT&T (T) provides revamped 5G solutions in collaboration with Microsoft's Azure cloud platform to foster networking capabilities and edge computing solutions for an agile data infrastructure.
The portfolio of advanced communications and solutions is likely to boost the mission-critical ecosystem of Motorola (MSI) and render fast response times to effectively mitigate operating risks.
Omni is likely to enable Sprint (S) to either bundle Omni with other compatible products and services or offer it as a standalone service to medium and small-sized businesses.
CenturyLink (CTL) enhances edge computing services with new Content Delivery Network to create a dynamic and customized web experience for app developers.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Gogo Inc. New York, November 21, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Gogo Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Intelsat (I) shares tank 56.6% in the past two days as investors resort to panic selling with the telecom regulatory authority dismissing its plans for private auctioning of C-Band spectrum.
CenturyLink (CTL) leverages robust fiber network and enhanced computing solutions to meet the high-end connectivity requirements of research and education communities in collaboration with Infinera.
The acquisition of Game Show Network will augment Sony's (SNE) already robust catalogue of game shows and first-run series, thereby strengthening its leading position in the market.
CHICAGO, Nov. 19, 2019 /PRNewswire/ -- Gogo (GOGO), the leading global provider of broadband connectivity products and services for aviation, announced today that it has been selected by Qatar Airways to install the Gogo 2Ku high-speed inflight connectivity solution and live TV on 70 of the airline's aircraft. 2Ku is the industry's leading inflight connectivity solution and delivers a ground-like internet experience for passengers. "We are thrilled to partner with Qatar Airways to bring their guests a new inflight connectivity experience with 2Ku," said Oakleigh Thorne, President and CEO of Gogo.
T-Mobile (TMUS) and Sprint (S) will establish Customer Experience Center in Nassau County for the creation of employment opportunities and enhanced customer support.