Investors Spooked By Trade Desk Comments
Investors got spooked after The Trade Desk (TTD) made comments about a slowdown in spending among big advertisers, specifically retail. But TTD upped guidance, as always.
Adobe’s Numbers Look Amazing
Adobe System’s (ADBE) numbers look amazing. But I’m a bit cautious on the stock after its recent runup. Adobe’s P/E had gone from 35 to 42 since last qtr.
Investing in Artificial Intelligence
The next big sector of growth in the stock market will be artificial intelligence, or A.I. Computers that can teach themselves, and advance technology faster than ever.
Fantastic Stock Market is Good for Factset
Factset (FDS) provides tools and data for money managers and analysts to do their work. And with the stock market up big in 2017, the outlook for FDS is good.
Ollie’s Bargain Outlet is Still a Little High
Ollie’s Bargain Outlet (OLLI) is putting out some fantastic numbers, such as 25% to 29% profit growth. But it carries a P/E of 38, double its Estimated Long-Term Growth Rate.
Nike’s Profit Estimates Have Fallen 7 Straight Qtrs
Nike (NKE) has had fiscal year 2018 profit estimates decline for seven straight qtrs, from $2.86 to $2.32. I feel this stock could continue to be in the $50s for the next two years.
Fidget Spinners Help Five Below Plow Away Estimates
Fidget spinners are the hot craze with kids this year, and sales of the toy helped Five Below (FIVE) blow away profit and sales estimates last qtr. Here’s my take on FIVE.
Workday is Having a Banner Year
Workday’s (WDAY) software is utilized by one third of the Fortune 500 to do human resources and financial analysis, and profits are zooming so far in 2017.
Costco is Fine, But It’s Multiple is Down
There’s a lot of hoopla over Amazon taking business from Costco (COST, but the latter still grew profits 18% last qtr — Nice! What has been hurt is COST’s multiple.
Lots of Good Things Going on at TD Bank
TD Bank (TD) has lots of good things going for it right now, including strength in both its Canadian and U.S. banks and an influx of fresh blood from Scottrade.
Salesforce Teaming With Google Will Help Companies
Salesforce (CRM) is teaming up with Google to make it even easier (and more effective) to get new customers with Salesforce’s software and Google ads.
TenCent Has Doubled Already in 2017
TenCent’s (TCEHY) up 10% in the last week alone — taking its 2017 gain to more than 100%. But now the question is: does the stock have upside in 2018?