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4 Factors For Square Investors To Consider Ahead Of The Q4 Print
Wednesday, February 26, 2020 - 12:32pm | 315As the latest earnings season winds down, Square Inc (NYSE: SQ) is scheduled to report fourth-quarter results Wednesday afternoon. Dan Forman of Olivetree Global outlined four factors for investors to consider in a note before Square releases its fourth-quarter print. At the...
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Roku Shares Down After Initial Rally On Q4 Print, But Analysts Optimistic
Friday, February 14, 2020 - 3:57pm | 488Investors bought on the better-than-expected fourth-quarter earnings print from Roku Inc (NASDAQ: ROKU), but the streaming company's showing couldn't hold their interest for a second day, as the stock gave back the gains Friday. Still, analysts like Roku's positioning as a sort-of...
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PreMarket Prep Recap: Who Let The Bulls Out?
Friday, December 27, 2019 - 2:58pm | 822For the final PreMarket Prep of 2019, we invited a few of our favorite guests from the year to share a bullish pick and bearish pan for 2020. To say the sentiment was overwhelmingly bullish for the broad market would be a gross understatement. Herer's what our guests are forecasting...
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Roku's Technical, Fundamental Outlook Looking Bright
Thursday, December 19, 2019 - 4:44pm | 583Roku Inc (NASDAQ: ROKU) shares gained another 3% on Thursday and are now up 352% year to date as the company’s advertising business continues to gain momentum. Heading into the closing weeks of 2019, Roku shares seemingly have both fundamental and technical momentum in the near-term. A...
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Shopify's Stock Is Testing A Key Technical Level
Wednesday, December 18, 2019 - 2:45pm | 451Shopify Inc (NYSE: SHOP) shares have more than tripled in the past year, but the stock ran out of gas at around $410 back in August. After a pullback to $282 and a strong rally in the past month, Shopify is entering the last two weeks of 2019 knocking on a key technical resistance level. The all-...
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Why Amazon's One-Day Shipping Could Be A Good Reason To Buy The Dip
Monday, November 25, 2019 - 3:14pm | 341Amazon.com, Inc.'s (NASDAQ: AMZN) underperformance since its third-quarter report has created an opportunity, with the online retail giant's one-day shipping likely to serve as a trigger, according to Olivetree Financial strategist Dan Forman. Forman attributed the post-earnings...
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Roku's Slowing Profit Growth Keeps Analysts, Investors Hesitant On The Stock
Thursday, November 7, 2019 - 1:27pm | 537Investors continued to disconnect from Roku Inc (NASDAQ: ROKU) following tepid forward guidance that also failed to impress sell-side analysts, who warned of slowing growth in profits. The sell-off came despite third-quarter revenue and earnings beats on Wednesday. The Analysts Wedbush analyst...
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Wall Street Weighs In On Square Earnings, Cash App And More
Thursday, November 7, 2019 - 11:11am | 780Square Inc (NYSE: SQ) traded higher on Thursday after the company topped third-quarter EPS and revenue estimates and raised its full-year revenue and EPS guidance. The new EPS guidance range for the fourth quarter came up short of consensus analyst estimates. In addition to reporting earnings...
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Arista Hit Hard On Q4 Sales Warning: Is Facebook To Blame?
Friday, November 1, 2019 - 12:31pm | 858Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday. The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...
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Analysts Upbeat On AMD's Product Roadmap, Execution
Wednesday, October 30, 2019 - 11:39am | 860Advanced Micro Devices, Inc. (NASDAQ: AMD) reported third-quarter results, with fourth-quarter revenue guidance indicated to come in line or below the consensus. The Analysts Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating and $32 for shares of AMD. (See his track record...
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'This Will Take Time To Fix': Wall Street Weighs In On Twitter
Friday, October 25, 2019 - 11:15am | 725Twitter Inc (NYSE: TWTR) has been one of the biggest disappointments in a relatively strong start to earnings season, with shares plummeting more than 20% following its third-quarter print. Twitter blamed platform bugs and advertising headwinds for its earnings and revenue misses in the third...
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Maxim Expert Breaks Down Movement In 4 Tech Stocks
Friday, September 22, 2017 - 8:51am | 774The tech sector is as busy as ever — racing to develop self-driving cars, expand the Internet of Things and, at the same time, protect consumers from hacks into their increasingly virtual lives. Dan Forman, technology sector specialist at Maxim Group, broke down some of the recently active...
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Tech Specialist: Overstock An Attractive Takeout Target, Way To Play Bitcoin
Thursday, September 21, 2017 - 11:18am | 559Overstock.com, Inc. (NASDAQ: OSTK) is largely overlooked by Wall Street, but that doesn’t mean it’s escaped notice from anyone else. “It’s a very good fit for a number of traditional brick-and-mortar retailers,” Dan Forman, technology sector specialist at Maxim Group,...