This Dividend King Could Be a Surprise Growth Stock in 2022
Annual dividend increases and accelerating growth are a powerful combination.
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Annual dividend increases and accelerating growth are a powerful combination.
The e-signature pioneer still has plenty of room to run.
Author Bio Rekha Khandelwal, CFA, is a long-term investor with a special focus on energy stocks. Rekha holds a master's in finance and has worked as a financial consultant. When she isn't writing, she can be found traveling to a new city or country. A global push toward clean energy sources has brought clean energy and related technology companies in the limelight. Fuel cell maker Plug Power's (NASDAQ:PLUG) stock price rose ten-fold last year on the back of investors' euphoria for its promising hydrogen fuel cell technology. But this year, the stock reversed course i...
Shopify (NYSE:SHOP) recently posted first-quarter numbers that easily beat Wall Street's expectations. The e-commerce platform's revenue rose 110% year over year to $988.6 million, accelerating from its 94% growth in the fourth quarter and beating estimates by $130 million. Its merchant solutions revenue grew 137% to $668.0 million, and its subscriptions solutions revenue increased 71% to $320.7 million. Its GMV (gross merchandise volume), or the value of all goods sold on its platform, skyrocketed 114% to $37.3 billion. Image source: Getty Images. Adjusted net income jumped from $22.3 millio...
Snap's (NYSE:SNAP) stock price recently dipped after the company announced a new $1 billion debt offering. The convertible senior notes, which will be sold privately to institutional buyers, will mature in 2027. The notes can then be converted to cash, Class A shares of Snap, or a combination of cash and stock. The interest rate, conversion rates, and other specific terms will be set when Snap prices the offering. The initial buyers will also have an option to buy an additional $150 million in convertible notes, which could boost the total value of the offering to $1.15 billion. Snap says it ...