Adobe’s Expected to Have Profit Growth Slow Due to Advertising
Adobe (ADBE) is having a slowdown in its advertising cloud due to COVID-19, which might slow ADBE’s profit growth.
Adobe (ADBE) is having a slowdown in its advertising cloud due to COVID-19, which might slow ADBE’s profit growth.
It seems like Costco (COST) should have booming profits due to COVID-19, but profit growth was just 0% last qtr.
Dollar General (DG) has been one of the top retailers in the nation during the Coronavirus pandemic. Expect it to continue.
Target (TGT) is transforming itself to thrive in a Coronavirus world, and the stock might benefit in a big way next year.
Fortinet (FTNT) is a “safer” cyber security stock that is making profits, buying back stock and is breaking out to new highs.
Ross Stores (ROST) is selling some of its inventory below-cost to get rid of it while its clothing stores slowly re-open.
TJX (TJX) is seeing strong demand at its re-opened TJ Maxx and Marshalls stores. But the company has issues to work through.
Nike’s (NKE) Digital sales soared 75% last qtr to account for 30% of sales. But the stock seems expensive with a 43 P/E.
Medical supply company Becton, Dickenson (BDX) is suffering as elective procedures are down significantly.
Travel isn’t bouncing back anytime soon, and that’s bad for Booking Holdings (BKNG). Still, long-term upside is solid.
COVID-19 infections have been climbing recently, and that could mean a cruel summer for Disney (DIS) theme parks.
Altria (MO) is still in a downtrend as the growth opportunity from Juul and cannabis still hasn’t delivered returns.