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HP Is A Winner For Income Investors
Friday, June 2, 2023 - 3:20pm | 709HP Inc (NYSE: HPQ) is not a growth stock; it's not exciting to own, but it is a winner if you are an income investor. The business is down, and the outlook isn't all that rosy, but the business is solid, FCF is robust, and the dividend is as reliable as they come. The dividend is worth...
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MicroStrategy Says It Supports FASB's Proposed Accounting Rules For Crypto
Monday, May 22, 2023 - 4:48pm | 632MicroStrategy (NASDAQ: MSTR), the publicly traded software company best known for its bet on Bitcoin (CRYPTO: BTC), said Monday that it supported a proposal from the Financial Accounting Services Board that would let firms use fair-value accounting for crypto held on their balance sheets...
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5 Most Expensive Tech Stocks You Should Worry About
Tuesday, January 17, 2023 - 8:18am | 558The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...
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Why Wells Fargo Is Turning Bullish On Arista Networks, Neutral On Cisco
Thursday, March 10, 2022 - 1:43pm | 266The shift back from value to growth investments and fundamental upside potential make shares of Arista Networks Inc (NYSE: ANET) more attractive than Cisco Systems Inc (NASDAQ: CSCO), according to Wells Fargo. The Network Equipment Analyst: Aaron Rakers upgraded the rating for Arista Networks to...
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A Look Back At What's Happened To Each Sector Through The First Half Of 2018 (Part 1)
Tuesday, June 19, 2018 - 11:54am | 1638It may not be as large as the bond market or as ubiquitous as real estate, but the stock market is definitely the most talked about of the financial markets. And while this has pretty much always been the case, the rise of index investing and robo-advisors in the last decade or so has...
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Luxoft's Uncertainty Will Continue; Cowen Downgrades
Wednesday, February 14, 2018 - 3:56pm | 373Luxoft Holding Inc (NASDAQ: LXFT) announced Tuesday its fiscal third quarter results, which included an earnings per share beat and a miss on the revenue line. The company slashed its sales outlook for the year from $920 million to a range of $900 to $905 million and its EPS outlook was also...
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IT Services A 'Dead Sector'
Tuesday, January 3, 2017 - 3:10pm | 340Notable Wall Street analyst Trip Chowdhry went straight to the point in a research report on Tuesday: The Information Technology (IT) sector "will be a dead sector" in 2017. According to Chowdhry, IT companies will suffer from a lack of revenue catalysts and continued industry challengers...
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Imperva Gains 5% On Tuesday: Here Is What You Need To Know
Tuesday, March 1, 2016 - 2:25pm | 262Shares of Imperva Inc (NYSE: IMPV) were trading higher by more than 5 percent on Tuesday after the company announced that it has been named a recipient of the 2016 Excellence in Information Security Testing Award by ICSA Labs. Imperva noted that the award recognizes the company's 10 years of...
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Leon Cooperman Loves Google Stock, But His Other Top Four Holdings Will Surprise You
Wednesday, October 28, 2015 - 1:50pm | 686Leon Cooperman's Omega Advisors hedge fund published a letter detailing the fund structure and objectives. The fund's top holding is Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) and represents 4 percent of total assets. Cooperman noted that he expects U.S. equities to deliver a 6 to 8 percent total...
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Sidoti Initiates Coverage Of Virtusa, Notes Revenue Growth Rate Will Retreat
Tuesday, June 9, 2015 - 1:22pm | 306In a report published Tuesday, Sidoti & Company analyst Jairam Nathan initiated coverage of Virtusa Corporation (NASDAQ: VRTU) with a Neutral rating and $50 price target as management can do a better job in monetizing its clients. According to Nathan, Virtusa delivered a 23 percent compounded...
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Highlights From Oppenheimer's Industrial Growth Conference
Thursday, May 14, 2015 - 10:48am | 436Oppenheimer held its 10th annual Industrial Growth Conference this week. Here are some of the notable highlights. General Electric: IT Can Reduce Product Costs General Electric Company (NYSE: GE)'s Chief Investment Officer and Senior Vice President Jamie Miller noted IT is the "key enable" for 50...
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Bank Of America's Top 10 Stocks For 2015
Monday, December 15, 2014 - 11:13am | 385Analysts at Bank of America released a list on Friday detailing their top 10 favorite stocks across 10 sectors for 2015. The full list includes: Consumer Discretionary: General Motors Company (NYSE: GM) due to its healthy yield with a potential to grow dividends. Consumer Staples: Wal-...
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S&P Still Bullish on Tech
Tuesday, September 28, 2010 - 11:45am | 265S&P reiterated their bullishness on information technology, in today's Morning Brief. They have been bullish on technology since the beginning of the year when they expected tech to outperform. Their analysis showed that technology usually outperforms in the 2nd year of a bull market. One way...
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Bears Target Asiainfo
Thursday, May 13, 2010 - 9:53am | 113Shares of Asiainfo Holdings (NASDAQ: ASIA) are falling by 1.38% today, currently trading $23.86, and the shares are attracting put buying as well. The May $25 put was just purchased 2,500 times on the offer; open interest on the strike was only 1,433 contracts, indicating new, bearish positioning...