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Analyst: Every Single One Of Snap's Problems Are 'Self-Inflected'
Monday, August 14, 2017 - 12:54pm | 316Snap Inc (NYSE: SNAP)'s woes within the social media space are due to management's inability to properly manage the company, at least according to James Cakmak, an analyst with Monness, Crespi, Hardt. Snap's most recent earnings report was frustrating because it showed management isn...
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Facebook's Stock Has Another 25% Upside Despite Some Problems Ahead, Analyst Says
Thursday, July 27, 2017 - 12:11pm | 343The path forward for Facebook Inc (NASDAQ: FB) remains favorable, but there will be some bumps in the road, James Cakmak, an analyst with Monness, Crespi, Hardt, explained as a guest on CNBC's "Squawk Box." First, Facebook could be operating in an environment of "peak margins" as video become an...
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Analyst: Amazon Will Beat Apple To Be First Trillion Dollar Value Company
Thursday, July 27, 2017 - 9:27am | 404Based on market capitalization it seems obvious to many that Apple Inc. (NASDAQ: AAPL), valued at $803 billion, will be the first trillion dollar company. But some are making the case that Amazon.com, Inc. (NASDAQ: AMZN), which is valued $300 billion less than Apple will reach the milestone sooner...
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Why One Analyst Is Incrementally More Bullish On His Top Pick: PayPal
Thursday, July 13, 2017 - 10:20am | 480Monness Crespi Hardt analyst James Cakmak is now the most bullish Paypal Holdings Inc (NASDAQ: PYPL) analyst on the Street, reiterating a Buy rating and upping his price target from $54 to $70. The firm’s “top idea for 2017” has an average price target across analysts of around $...
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4 Reasons Even eBay Fans Are Cautious On The Stock
Thursday, April 20, 2017 - 11:15am | 394James Cakmak of Monness Crespi Hardt has been a strong eBay Inc (NASDAQ: EBAY) supporter since he initiated coverage of the online e-commerce platform way back in October of 2014. However, after the company's earnings report Wednesday, the analyst has no choice but to downgrade the stock. Cakmak...
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Will Tech Stocks Be Winners In 2017?
Wednesday, December 28, 2016 - 11:54am | 349James Cakmak is an equity analyst with Monness, Crespi, Hardt & Co. and was a guest on CNBC on Tuesday to discuss which technology stocks will be winners in 2017. Twitter Cakmak said that he wants to be positive on Twitter Inc (NYSE: TWTR), but it is becoming more difficult to defend the...
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Monness Crespi Hardt Downgrades Facebook Citing Diminishing Upside
Thursday, July 28, 2016 - 10:24am | 340Facebook Inc (NASDAQ: FB) its Q2 results significantly ahead of expectations. Monness Crespi Hardt’s James Cakmak downgraded the rating on the company from Buy to Neutral, saying there seemed to be “diminishing upside to revenue prospects during our projection horizon.”...
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Shopify Soars After Bullish Analyst Notes
Wednesday, June 29, 2016 - 5:49pm | 190Shares of Shopify Inc (NYSE: SHOP) rose 6 percent after Monness Crespi Hardt initiated coverage with a Buy rating and a $35 price target. Analyst James Cakmak sees "further widening of the competitive moat, if not a takeout" in Shopify down the line. Salesforce.com, inc. (NYSE: CRM)...
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Twitter Analyst Offers Good And Bad News, But The Good News 'Is A Lot Shorter'
Wednesday, May 4, 2016 - 10:30am | 315James Cakmak of Monness, Crespi, Hardt & Co. was a guest on CNBC's "Squawk Box" and offered both good news and bad news on Twitter Inc (NYSE: TWTR). However, Cakmak cautioned that the "good news is a lot shorter." According to the analyst, Twitter's monthly active user (MAU) base have "somewhat...
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Twitter Has A Lot To Prove This Year
Tuesday, February 2, 2016 - 9:47am | 457It's no secret that social media site Twitter Inc (NYSE: TWTR) is entering a make-it-or-break-it year. The company has struggled to grow user numbers and increase engagement, making many skeptical of the site's long-term potential. However, as Twitter works to reinvent itself and attract more users...
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Investment Pro: Amazon's Investments In Logistics Are Not 'Fully Appreciated'
Friday, January 29, 2016 - 4:49pm | 289James Cakmak, an investment manager for Monnes, Crespi, Hardt Co. was a guest on CNBC to discuss Amazon.com, Inc. (NASDAQ: AMZN)'s fourth-quarter results and the subsequent decline in its stock. "Expectations are getting ahead of themselves," Cakmak said. "When you look at the quarter, the reason...
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Concerned About Facebook's Ad Revenue Growth Slowing Down? This Analyst Says You Shouldn't Be
Thursday, July 30, 2015 - 3:08pm | 323Although Facebook Inc (NASDAQ: FB) reported second-quarter numbers above expectations, investors sent the company's shares lower on Thursday fearing increase in expenses and slower growth in ad revenue going forward. According to James Cakmak, Internet Equity Research Analyst at...
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How Is Apple Slowly Working Towards Ending Google's Search Dominance?
Tuesday, June 9, 2015 - 2:46pm | 361James Cakmak from Monness Crespi Hardt recently wrote a report in which he argued that Apple Inc. (NASDAQ: AAPL) is working on improving search functionality on its own platform, which could pose as a threat to search leader Google Inc (NASDAQ: GOOGL). Cakmak was on CNBC recently to shed some...
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Monness, Crespi & Hardt Analyst: Amazon Has Answered Concerns Over Profitability This Quarter
Friday, January 30, 2015 - 12:45pm | 346Amazon.com, Inc. (NASDAQ: AMZN) came out with spectacular results on Thursday after the closing bell, which has sent its stock soaring. James Cakmak, equity analyst at Monness, Crespi & Hardt, was on CNBC to discuss Amazon’s fourth-quarter earnings and explain why his firm is still...
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UPDATE: Monness Crespi Hardt & Co Initiates Coverage On AOL
Monday, December 1, 2014 - 2:38pm | 259Monness Crespi Hardt & Co initiated coverage on AOL, Inc. (NYSE: AOL) Monday with a Buy rating and $67 price target. Analyst James Cakmak observed that over “the last five years since the spinoff from Time Warner, AOL has uniquely positioned itself to maximize exposure to the fastest...