Cadence Design Systems (CDNS) Sees Increasing Adoption for its AI Portfolio
Cadence Design Systems (CDNS) makes software that designs microchips & is seeing increasing adoption for its AI portfolio.
Cadence Design Systems (CDNS) makes software that designs microchips & is seeing increasing adoption for its AI portfolio.
UPDATE: Medical device maker InMode (INMD) is warning on profits, thus the stock will be sold from the Growth Portfolio.
Nike (NKE) is in a slow-growth period as a tough economy is slowing consumer spending. Growth is now set to return in early 2024.
Wingstop (WING) sees deliveries on the rise. Perhaps from 30% of sales to greater than 50%. And that’s increasing unit volume too.
Bill.com’s (BILL) partnership with Bank of America looks to deliver growth opportunity, and also cements BILL’s future in bill payments.
MongoDB’s (MDB) database management software is a big hit with programmers. And the platform is perfect for Artificial Intelligence.
Adobe (ADBE) has made generative AI tool Firefly commercial available and integrated its features into several Creative Cloud apps.
Costco (COST) delivered above average profits last quarter as the company continues to pump out consistent revenue growth.
Factset Research (FDS) management expects cautions clients for the rest of calendar year 2023, then for things to pick up in 2024.
Cintas’ (CTAS) stock continues to grow at a rate it usually does. But with a P/E of 33, this 12%-or-so profit grower seems fairly valued.
Zscaler (ZS) is clicking on all cylanders as the demand for cybersecurity remains high as profit and revenue growth is strong.
Broadcom’s (AVGO) would have had flattish year-over-year revenue growth last quarter if it were not for sales for generative AI.