Putting Pen to Paper on Adobe’s Potential
Adobe (ADBE) management is forecasting 20% revenue growth in 2019 (+ acquisitions). I’ll put pen to paper to estimate profit growth.
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Adobe (ADBE) management is forecasting 20% revenue growth in 2019 (+ acquisitions). I’ll put pen to paper to estimate profit growth.
Factset Research (FDS) provides financial data to investment mangers — whose stocks are faltering while FDS stock stands tall.
Toy maker Funko (FNKO) isn’t playing. FNKO just came public at $8 last November and ran to $31 just last month. Now its only $19.
New Oriental Education (EDU) just missed profit estimates and lowered guidance last night, as foreign exchange is taking a toll on profits.
Lululemon (LULU) is clicking on all cylinders right now, the problem is everyone knows this and the stock is sky high.
Shares of Costco (COST) have soared from $150 to $225 in the last year. Is COST so high because retail stocks are hot?
Ollie’s Bargain Outlet (OLLI) is really excited about its toy buyouts, as Toys-R-Us going out of business helps get inventory — and new locations — cheap.
Workday (WDAY) had 2018 profit estimates slashed from $1.26 to $1.08, citing currency exchange and acquisitions as the issues. Still, the stock holds its own.
The stock market is in a correction, which is normally bad for stocks. Still, Ulta Beauty (ULTA) is up on the year, and is hovering around its 52-week high, which is a sign of strength.
Toys-R-Us’ bankruptcy leaves $6 billion in annual toy sales to be scooped up by other retailers, with Five Below (FIVE) getting a chunk.
Nike (NKE) has this bad habit of beating qtrly profit estimates, then lowering next qtr’s estimate. I’m not a fan of that strategy.
Dollar General (DG) grew profits 38% last qtr, with the help from a lower tax rate and easy comparisons. DG isn’t a bad buy with a 17 P/E.