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More iPhone Cuts Came Today, But Does It Really Matter?
Thursday, March 10, 2016 - 12:37pm | 432A pair of analysts delivered another round of iPhone estimate cuts on Thursday. CLSA's Avi Silver dialed back fiscal 2016 unit estimates from 217 million to 214.8 million and 2017 estimates from 237.6 million to 230.6 million, citing slower growth in Asia and forex headwinds. In addition...
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Investors See The End Of Tableau's Momentum, Even As Q4 Figures Pass Expectations
Thursday, February 4, 2016 - 6:47pm | 328Investors may have been stunned by Tableau Software Inc (NYSE: DATA)'s 50 percent drop in share price Thursday evening, but analysts were not. Despite beating Wall Street's earnings and revenue forecast for the fourth quarter, the company missed its crucial licensing revenue mark. The...
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LinkedIn's Guidance Sends Stock Crashing More Than 25%
Thursday, February 4, 2016 - 5:43pm | 206Wall Street denied LinkedIn Corp (NYSE: LNKD)'s request to connect Thursday afternoon after the company issued a gloomy guidance in its quarterly report released after the market close. The company outlined fiscal year 2016 non-GAAP EPS of $3.05-$3.20 and $3.6-$3.65 billion in revenue, a...
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Could GoPro See A Hostile Takeover?
Thursday, January 14, 2016 - 12:44pm | 243According to tech stock expert Sean Udall, GoPro Inc (NASDAQ: GPRO)’s market cap has now declined to the point at which it will likely face the prospect of a hostile takeover. Udall told Benzinga that he believes GoPro’s business is far from dead when it can still sell $1-2 billion...
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Udall: Apple's Cash Flow Undervaluation Is 'F'ing Absurd'
Friday, January 8, 2016 - 10:40am | 230Apple Inc. (NASDAQ: AAPL)'s stock is undervalued based on its cash position, Sean Udall, a tech stock expert recently argued. But just how undervalued is Apple's stock? According to Udall, it is "f'ing absurd." Udall noted the only factor that really matters when evaluating a company from a...
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Analysts At Odds With Market Over Fitbit
Wednesday, January 6, 2016 - 3:47pm | 367With the company set to release its Q4 earnings on February 1, Fitbit Inc (NYSE: FIT) shares have plummeted since the launch of its new Blaze product. Clearly, the market is punishing Fitbit’s stock, but you wouldn’t know it by reading what analysts have to say. Here’s how several...
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Investors, Get Your Pencils Ready: 2016 Holds Big Tests For Twitter
Wednesday, January 6, 2016 - 3:36pm | 428Twitter Inc (NYSE: TWTR) has recently fallen out of favor with many investors, having lost almost 60 percent of its value since April. However, there's hope on the horizon. Jack Dorsey's company could see significant growth this year on the heels of the 2016 Olympics and a presidential...
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Why FANG Stocks Are In A Bubble
Wednesday, January 6, 2016 - 1:11pm | 512Four of the most popular stocks of 2015 are off to a rough start in 2016, and one analyst thinks it's because they're in a bubble. Sean Udall, the CIO of Quantum Trading Strategies, was a guest on Wednesday's of PreMarket Prep, where he continued his bearish sentiment on Facebook...
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Udall: Fitbit Could 'Annihilate The Quarter'
Wednesday, January 6, 2016 - 12:23pm | 389Despite shares taking a beating Tuesday afternoon and Wednesday morning, Sean Udall thinks Fitbit Inc. (NYSE: FIT) is still in a great position, saying the wearable tech company could "anahilate the quarter." "If I could lay out a list of 20 companies that I think are going to...
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Why Netflix's Initial Selloff Was 'Correct'
Thursday, October 15, 2015 - 8:27am | 359Shares of Netflix, Inc. (NASDAQ: NFLX) initially fell more than 14 percent following its third quarter results. Investors and traders initially sold the stock following a top and bottom line miss and concerning subscriber growth figures. The Tech Stock Strategist's Sean Udall noted...
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The Tech Stock Strategist Talks Twitter, Alibaba
Thursday, October 8, 2015 - 9:25am | 669Sean Udall was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Udall, Chief Investment Officer at Quantum Trading Strategies and a leading authority on technology stocks, went over a few hot stocks including Twitter Inc (NYSE: TWTR...
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Pros React To Twitter-Jack 2.0
Thursday, October 1, 2015 - 7:25am | 728Rumors about Jack Dorsey being appointed as Twitter Inc (NYSE: TWTR) CEO flooded the Internet on Wednesday. The stock spiked on the back of the rumor, closing up 5.24 percent. Benzinga spoke with Investment Strategist Sean Udall and Global Equities Research’s Trip Chowdhry for some...
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Apple Won't 'Be The First' A La Carte Cable Service, But 'We Are Almost There'
Wednesday, September 2, 2015 - 7:06am | 577Apple Inc. (NASDAQ: AAPL) is in the news again after Variety reported that Apple is looking to get into original programming. The report did not surprise analysts, who have been expecting Apple to enter the space for some time. "I do think a la carte is awesome and we are almost there,...
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Apple's TV Service Could Be 'Netflix On Steroids'
Tuesday, September 1, 2015 - 2:53pm | 761Apple Inc. (NASDAQ: AAPL) reportedly abandoned any and all plans to release television set, which did not surprise anyone, but rumors insist the company is still interested in the business. Recent reports indicated that Apple might be looking to crack the pay-TV market, but there are a number...
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GameStop Keeps 'Stumping The Experts' Who Predicted Its Demise
Sunday, August 30, 2015 - 8:30pm | 435GameStop Corp. (NYSE: GME) reported better than expected results this week, rising more than 3 percent in after hours trading Thursday. The stock tumbled Friday and fell more than 7 percent, but analysts have a positive outlook on its future. "GameStop just keeps stumping the 'experts' who...