Crowdstrike (CRWD) Delivers Strong Qtr; Introduces its AI Engine: Charlotte
Crowdstrike (CRWD) delivered a strong qtr with record performance for Cloud Security, LogScale, and non-GAAP operating margin.
Slow Sales & High Theft Cause Dollar General’s (DG) Profits (and Stock) to Fall
Dollar general (DG) is having trouble with slow sales, high theft, high prices, and not enough labor. This stock is down-and-out.
Cloudflare (NET) Looks to Have a Top AI Development Platform With Workers
Cloudflare’s (NET) development platform, Cloudfare Workers, is seeing massive growth with 10 million active workers applications.
Very Strong Clothing and Accessory Sales Drive Solid Growth at TJX (TJX)
TJX (TJX) reported solid results last quarter as higher traffic lead to very strong sales of clothing & accessories at TJ Maxx & Marshalls.
Slow Economy, Lumber Deflation, Theft Weigh on Home Depot’s (HD) Profits
Home Depot (HD) is going through a period of slow growth as high interest rates are causing home building projects to slump.
Snowflake (SNOW) Could Be Losing Its Customers to Competitor Databricks
Snowflake’s (SNOW) could be seeing real competition from Databricks, as Capital One & Instacart might be moving some business.
Floor & Decor (FND) Sales Suffer from Home Sales Declines, Rising Mortgage Rates
Floor & Decor’s (FND) results are being hampered by high mortgage rates & 22 consecutive months of declines in existing home sales.
Palo Alto Networks (PANW) Continues Strong Momentum Despite Customer Budget Scrutiny
Palo Alto Networks (PANW) continues its “large deal” momentum as profit grew 80% while revenue grew 26% last quarter.
Confluent (CFLT) is on Track to Start Making Profits as Margins Improve
Confluent (CFLT) is on track to start making profits in the upcoing quarters. And that could be a catalyst for CFLT in the months ahead.
Slightly Slowing Usage, High Valuation are Holding Back DataDog (DDOG)
Datadog’s (DDOG) stock is hanging around $100 as the company grows revenue & profits well, but not as fast as investors expect.
Supply Store Grainger (GWW) Continues to Shine as Profits Jump 29%
Grainger’s (GWW) profits continue to shine (+29% last qtr) as profit margins expand (+14%). Still, the stock seems underappreciated.
DoubleVerify’s (DV) Profits are Set to Accelerate in the Upcoming Quarters
One trait of top stocks is accelerating profit growth. DoubleVerity (DV) is expected to grow EPS 0%, 30%, 29%, and 43% the next 4 qtrs.