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January 14, 2021
Cathie Wood’s Ark Investment Management sends out an email every night listing the stocks that were bought or sold by the firms ETFs that day. In recent months, the emails have known to cause certain stocks to see a spike in the after-hours session. Here’s a list of 7 stocks that... Read More...
January 12, 2021
You can never have enough predictions. That seems to be the view of Jefferies analyst Brent Thill. As noted in a previous article, Thill on Monday issued a list of his top internet stock picks—and some forecasts for 2021. In a separate mammoth research note—this time close to 200 pages—Thill provides an outlook on the other half of his coverage universe, enterprise application, infrastructure and security stocks. That group had a spectacular year in 2020, generating returns that will be t...
January 11, 2021
Zoom Video Communications Inc.(Nasdaq:ZM): The lockdowns during the pandemic led to strong gains for technology stocks as their products helped people connect while staying at home. The vaccine rollout has led to strong optimism for a return to normal. Can stocks like Zoom Video Communications (ZM) and Salesforce (CRM) repeat their 2020 performance this year? Read more to find out.
January 11, 2021
Salesforce (CRM), alas, might not be the best way to play it. Piper Sandler analyst Brent Bracelin on Monday cut his rating on Salesforce to Neutral from Overweight, while keeping his $242 price target. His view is that this “hungry hippo” needs time to digest two of its largest acquisitions: the $15.7 billion deal for Tableau in 2019 and the pending $27.7 billion takeover of Slack Technologies (WORK). He notes that the amount of stock issued in the two deals combined increases the...
January 11, 2021
Why Tech Stocks That Help Companies Grow Are Expected to Continue Their Dominance in 2021 - FN Media Group Presents Microsmallcap.com Market Commentary News provided by Share this article Share this article NEW YORK, Jan. 11, 2021 /PRNewswire/ --The health crisis has accelerated the inevitable shift towards digital technology and its become clear that companies with the right tools are leading the charge. When businesses were forced to shut their doors during lockdowns, digital tools quickly be...
January 11, 2021
Salesforce.com (NYSE: CRM) from Overweight to Neutral and lowered the price target from $278 to $242. Salesforce has invested over $43 billion in two acquisitions in less than two years, the analyst said. The $15.7 billion for Tableau and $27.7 billion for Slack Technologies (NYSE: WORK) add up to 194 million fully diluted shares since July 2019, he said. “This overhang creates a more challenging set-up for CRM during 2021,” said Bracelin. Salesforce is a “hungry hippo” that needs ti...
January 10, 2021
Each and every one of these brand-name companies offers double-digit upside.
January 10, 2021
Author Bio Keith Noonan covers technology, entertainment, and other fields. The tech sector stands out as one of the best starting points for investors seeking lifechanging returns. In addition to many companies in the space having highly scalable business models, technology also plays a decisive role in shaping nearly every other business sector. We asked three Motley Fool contributors to profile their top tech pick for the new year. Read on to see why they think s Q...
January 10, 2021
About Palihapitiya: Born in Sri Lanka, Palihapitiya emigrated to Canada at the age of six. After stints at AOL, Facebook Inc (NASDAQ:FB) and Slack Technologies (NYSE:WORK), Palihapitiya launched The Social + Capital Partnership, a fund to invest in ventures no major companies would fund. Palihapitiya launched Social Capital Hedosophia with Ian Osborne to use the alternative path to traditional IPOs to bring innovative tech companies to the public market. Palihapiya has plans to bring compani...
January 8, 2021
During Q3, Slack Technologies (NYSE:WORK) brought in sales totaling $234.50 million. However, earnings decreased 4.32%, resulting in a loss of $65.67 ...