Datadog (DDOG) Management Lowers 2024 Profit Estimates as Billings Climb
Datadog (DDOG) cut 2024 profit estimates. But investors didn’t seem to mind. Let’s take a look into this tech stock’s situation.
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Datadog (DDOG) cut 2024 profit estimates. But investors didn’t seem to mind. Let’s take a look into this tech stock’s situation.
Fortinet (FTNT) is seeing a slowdown in Product sales (-10%) while Service sales are doing well (+25%) as the stock flies higher.
CLoudflare (NET) closed out 2023 with robust momentum as is landed a slew of large customers, including government deals.
Meta (META) shares just broke through $500 as profit estimates continue to climb. With a P/E of just 25, this stock could push to $600.
Waste Management (WM) just delivered a blowout quarteer with profits up 34%. The stock soared on the news as 2024 looks good.
Old Dominion (ODFL) is delivering lackluster results in a soft economy. But the stock is telling me better times might be ahead.
Paycom Software (PAYC) has cut profit estimates the past two quarters. Now I’m wondering if digital HR is a saturated market.
Amazon (AMZN) shows its past the sluggish growth of 2023 as it delivered accelerated revenue growth in every division last qtr.
Fiserv (FI) delivered a solid quarter with 15% profit growht as POS system Clover and money transfer app Zelle lead the way.
Chipotle (CMG) continues to get more out of each store as same store sales increased 8.4% last qtr with help from Chipotlanes.
AMD (AMD) is seeing strong demand for its new AI infrastructure from big enterprises including Meta, Amazon and Microsoft.
Tractor Supply (TSCO) seems to be in a slow-growth period. In addition, the stock doesn’t seem to have much upside at these levels.