|Day Low/High||8.57 / 8.91|
|52 Wk Low/High||4.89 / 15.84|
Markets are still willing to pay top dollar for high-growth software names that meet or beat their high expectations. But they're proving remorseless to the growing list of firms to fall short.
Cloudera's stock is tipping towards the bullish side and investors should be prepared to buy if that happens.
To say that cloud stocks are finished as a growth cohort seems almost silly to me.
A marriage made in in the clouds. After the close on Wednesday, Cloudera and Hortonwork announced a merger of equals. After the deal closes, which is expected to happen in the first quarter of 2019, Cloudera shareholders will own 60% of the combined...
These names are showing technical signs of either bullish or bearish reversal patterns.
These names are poised to benefit from developing trends in AI.
Alphabet's results last month pointed to several better plays than the search giant.
There are the names I would look to play off the Google results rather than Google itself.
Here's my trading approach as CLDR officially moves into unloved territory.
I'm attracted to its work in the cloud as well as the connected car market.
With an upgrade and move past resistance, Cloudera stock appears headed higher.
Although HDP's dip in December was deep, there was no specific reason -- other than rotation.
Ultimately, I think GE can trade a bit higher, but I'm staying tight in case the rally fizzles.
Tech IPO investors have shown a liking for enterprise software upstarts this year. They've been less fond of consumer Internet companies up against big-name rivals.