Thursday, September 23

NYSE:TWTR

Hot Stocks, NASDAQ:FISV, NASDAQ:PYPL, NYSE:SQ, NYSE:TWTR

Should You Buy SQ Stock Ahead of Earnings?

During the last decade, fintech has been experiencing rapid global growth, and Square (NYSE:SQ) has been at the forefront of the revolution. To the delight of early investors, SQ stock has shown phenomenal growth. Its share price has skyrocketed over 1,000% since its IPO in November 2015. Source: IgorGolovniov / Shutterstock.com Yet, that metric only tells half the story. On March 18, SQ stock saw a 52-week low of $32.33. Then in early July, it hit a 52-week high of $133.81. Square is currently flirting with $130. Put another way , $1,000 invested in Square shares in early spring would be worth around $4,000. As the earnings season approaches, shareholders are wondering whether Square will be able to make another significant leg up any time soon. I'd urge investors to exe...
Hot Stocks, NASDAQ:DNKN, NASDAQ:SBUX, NYSE:TWTR, OTCMKTS:LKNCY

Trust Is an Issue, but Luckin Stock Could Provide a Risky Opportunity

China's Luckin Coffee (OTCMKTS:LKNCY) has proven to be the ultimate cautionary tale for American investors. The high-flying coffee chain exploded onto the scene in 2017, had opened 1300 locations in China by 2018, and Luckin stock was listed on the Nasdaq exchange in 2019. Source: Keitma / Shutterstock.com To kick off 2020, the company announced it had passed Starbucks (NASDAQ:SBUX) as the largest coffee chain in China. And then all hell broke lose. It wasn't the novel coronavirus pandemic that kicked the legs out from under Luckin stock. It was the disclosure that the company had been fudging its numbers. With Luckin Coffee losing its Nasdaq listing, and shares down 95% from January highs, is it worth taking a risk on LKNCY? The Crisis That Crippled Luckin Coffee Luckin...
NASDAQ:AMZN, NYSE:PINS, NYSE:SNAP, NYSE:TWTR, Stocks to Sell

Be Careful With Twitter Stock

Twitter (NYSE:TWTR) stock soared in late July after the social-media company reported second-quarter revenue and profits which came in below analysts' average estimates. Twitter's top line fell 19% year-over-year. Its bottom line consisted of a loss of over $1 billion, versus a profit of more than $1 billion during the same quarter a year earlier. Source: Worawee Meepian / Shutterstock.com TWTR stock rallied on earnings that looked bad because its user growth smashed expectations. Twitter's daily active users (DAUs) jumped 34% year-over-year to 20 million in Q2. That was the highest growth of DAUs on record since Twitter started reporting them . The company's management also talked up the revenue potential of a new subscription service, which got Wall Street excited. But ...
NASDAQ:ETSY, NASDAQ:FB, NASDAQ:FTCH, NASDAQ:RVLV, NYSE:CHWY, NYSE:TWTR, NYSE:W, Stocks to Buy

RVLV Stock: Why Revolve Shares Could Double Over the Next 6 Months | InvestorPlace

Fashion retail stocks have been beaten up in 2020 amid a plunge in consumer spending thanks to the novel coronavirus pandemic. But one fashion retail stock which looks like a strong buy amid recent weakness is Revolve (NASDAQ:RVLV) stock. Indeed, I think that RVLV stock could double over the next six months. Source: Shutterstock This is an online retail stock with huge tailwinds, lots of long-term growth potential and plenty of growth catalysts on the horizon. Yet, shares trade at a huge discount to peers. That doesn't make much sense. I expect the valuation disconnect in RVLV stock to resolve itself in coming months. As that happens, shares will double from about $16 today to $30 by the end of the year. Here's a deeper look. A Strong Long-Term Growth Narrative The long-term...
Hot Stocks, NASDAQ:FB, NASDAQ:KHC, NASDAQ:SPT, NYSE:QSR, NYSE:TWTR

Sprout Social Stock Is a Little Plant With a Too-Big Valuation

When investors want to get into a business, they will take whoever is there. It doesn't matter if someone else dominates the niche, they buy the entity that is public. That explains the $1.5 billion value of Sprout Social (NASDAQ:SPT), and the 80% gain enjoyed by Sprout stock since its December IPO. Source: Shutterstock Sprout sells software for managing social media. For the first three months of 2020 it had revenue of $30.5 million, and a net loss of $10.5 million, 21 cents per share. For the second quarter, to be reported August 5, analysts expect a smaller loss of 15 cents on slightly higher revenue of $31.3 million. Investors are paying 13.3 times revenue for Sprout stock. It might be justified if the company was dominating its niche. The trouble is it's not. Sprout...
Hot Stocks, NYSE:TWTR

Twitter Earnings: TWTR Stock Climbs 5% on Strong User Growth in Q2

Twitter (NYSE:TWTR) earnings for the second quarter of fiscal year 2020 had TWTR stock climbing higher on Thursday. This comes after the company reported adjusted losses per share of $1.39 on revenue of $683.44 million. Those are both below Wall Street's estimates of flat EPS and revenue of $707.51 million. Source: Sattalat phukkum / Shutterstock.com Additionally, the company reported GAAP losses per share of $1.56 for the quarter. Let's take a deeper dive into the most recent Twitter earnings report below. Adjusted per-share losses are a negative switch from earnings per share (EPS) of $1.58 reported at the same time last year. Revenue for the quarter comes in 19% lower compared to $841.38 million in the first quarter of 2019. Operating loss of $124 million is a negative...
Hot Stocks, NASDAQ:DKNG, NASDAQ:NKLA, NYSE:DAL, NYSE:SPCE, NYSE:TWTR, OTCMKTS:PDYPY

3 SPAC IPOs That Have Proved Their Worth

Special Purpose Acquisition Companies (SPACs) are a special type investment company that do not have any operations of their own. They have recently gathered increasing attention as an alternative method of going public instead of the traditional IPO route. Today, I'll discuss three companies that have recently made their stock exchange debut successfully through a reverse merger with a SPAC IPO. The Security and Exchange Commission (SEC) classifies SPAC as a blank check company whereby its purpose is “to pool funds in order to finance a merger or acquisition opportunity within a set timeframe. The opportunity usually has yet to be identified.” Different SPACs are typically set up with different goals in mind. But in general, a SPAC raises money from investors to purchase a comp...
NASDAQ:DKNG, NASDAQ:ETSY, NYSE:CGC, NYSE:SPCE, NYSE:TWTR, Stock Market Today

4 Top Stock Trades for Friday: CGC, DKNG, ETSY, SPCE

There were plenty of noteworthy moves in the market today, even if the stocks weren't reporting earnings. With that in mind, let's look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Canopy Growth (CGC) Canopy Growth (NYSE:CGC) continues to look better and better on the daily chart, even shares faded from the session highs on Thursday. The $18.25 area has been significant for several months, mostly acting as resistance. However, CGC stock is now trying to clear this mark, as well as the 200-day moving average. Again, Thursday's fading price action is disappointing. But if Canopy can regain this area, it could open up more upside. Over the 50-week moving average near $19.50 and Canopy could fill the gap up toward $20. Above that puts $22.09 in pla...
NASDAQ:DBX, NASDAQ:DOCU, NASDAQ:FB, NASDAQ:TEAM, NASDAQ:TWLO, NASDAQ:ZM, NYSE:SHOP, NYSE:SQ, NYSE:TWTR, NYSE:WORK, Stocks to Buy

Buy Lagging Dropbox Stock Before It Climbs to $30

Work from home stocks are on fire right now. But one work from home name which has been left behind in this broad rally is secure storage provider Dropbox (NASDAQ:DBX), with Dropbox stock up just 25% year-to-date. Source: Allmy / Shutterstock.com That's better than wider markets, but compare it to 50%+ gains for the likes of Atlassian (NASDAQ:TEAM) and Slack (NYSE:WORK), 100%+ gains for Twilio (NASDAQ:TWLO) and DocuSign (NASDAQ:DOCU) and the 300%+ gain in Zoom (NASDAQ:ZM) stock. Clearly, Dropbox stock has been the laggard. But this lag makes DBX stock the best work from home stock to buy today. Dropbox's Lag isn't Rational Dropbox stock has lagged other work from home stocks because investors are broadly concerned that the company's core secure storage solution isn't as m...
ETF Investing, NASDAQ:ADBE, NASDAQ:AMZN, NASDAQ:DBX, NASDAQ:FB, NASDAQ:INSG, NASDAQ:LOGM, NASDAQ:MSFT, NASDAQ:OKTA, NASDAQ:TWLO, NASDAQ:ZM, NYSE:RNG, NYSE:SHOP, NYSE:SQ, NYSE:TWTR, NYSE:WORK, NYSEARCA:WFH

The New Work-From-Home ETF Is a Long-Term Buy

The Covid-19 pandemic closed offices around the globe in March. Ever since, we've all been working from home. Demand for remote work solutions has consequently soared. So have work from home stocks, which in turn gave birth to the Direxion Work From Home (NYSEARCA:WFH) ETF. Source: Shutterstock Direxion launched its new thematic ETF in late June to allow investors to broadly gain equal-weighted exposure to all of today's hottest work-from-home stocks. I'm talking cloud communications provider Twilio (NASDAQ:TWLO), which comprises 4% of the WFH ETF. There's also video teleconferencing giant Zoom (NASDAQ:ZM), identity security solutions provider Okta (NASDAQ:OKTA) and 5G-enabled remote work connectivity provider Inseego (NASDAQ:INSG), each which includes about 3% of the Work F...