Tougher Decision Making is Weighing Down Salesforce (CRM) Stock
Like most big tech stocks, Salesforce (CRM) is dealing with a challenging purchasing environment that’s hampering its stock.
Like most big tech stocks, Salesforce (CRM) is dealing with a challenging purchasing environment that’s hampering its stock.
Crowdstrike (CRWD) just grew profits 135% and sales 53% but CRWD is one of the weakest in the stock market. Let’s look at why.
The Trade Desk (TTD) continues to perform well — 44% profit growht on 31% sals growth last qtr — even in a tough ad environment.
Lululemon (LULU) has high inventory. That’s a good thing, as last year the company was having to pay more to get inventory in.
TJX (TJX) stock has been hot lately as investors look ahead to more normalized profit growth (12% or so) in the upcoming quarters.
Home Depot i(HD) is getting a boost from home improvement projects, and lower interest rates should lead to more project demand.
Fun-stuff store Five Belo (FIVE) broke out to a new yearly high today as profit growth is set to return to normal next quarter.
Autodesk (ADSK) continues to see strong demand for its design software, with North America demand strong while China & Russia lag.
Dollar General (DG) is embracing the budget-focused consumer who are under financial pressures due to high inflation.
Broadcom (AVGO) is one tech stock that continues to deliver good results. And with a P/E of 13, this stock has good upside.
Even cybersecurity is feeling the pinch of the recession. Palo Alto (PANW) stock has been weak since it reported slower billings.
A year ago, NVIDIA’s (NVDA) Gaming was the company’s largest division. Now that division’s sales are sliding lower. Here’s why.