|Day Low/High||124.21 / 125.76|
|52 Wk Low/High||103.28 / 166.60|
It may seem ridiculous, but you can distill the market down to these two names because they stand for palpable themes.
Here's why the institutional stewards of capital who are taking back control of the market are salivating over a dirty old iron company.
Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.
We're seeing lots of companies snapping up their peers, and the market is applauding.
ZEN currently has over 200,000 customers, nearly half of which are outside the U.S.
Companies that want to survive in this world need better tech -- tech that individualizes, tech that tells the story, tech that keeps it current, tech that keeps customers happy.
We have a shortage of great manufacturing companies, but way too many of the fast-growing, cloud-based, hype-growth stocks.
Many tech stocks sporting high valuations have been selling off in recent weeks, even as the rest of the sector generally holds up well.
From Adobe to Zendesk, plenty of stocks will rise or fall regardless of what the central bank does.
Estee Lauder is among the companies that are sure winners, no matter which way the economy goes.
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
Do we finally have too many new stocks, and are we running out of ammunition to buy them without wholesale liquidation of other stocks?
The endless rally needs fuel, and without it, you end up with what you got Tuesday, a soggy session that was hit from the cloud, Beyond Meat's chill, and big merger uncertainties.
And why the stock will recover from this hammering on the merger news.
Zendesk's stock has been on a tear. But there may still be some room for growth in the weeks ahead for the high-flying customer service software company.
The swings were not big but things moved up an down several times intraday.
Focus on individual stock picking, and take a look at small-caps, as earnings season continues.
These names are poised to benefit from developing trends in AI.
Until market conditions shift, I won't be making any sizable buys.
But an aggressive, smaller trade on Zendesk has a favorable risk-reward.
Both private equity firms and tech companies have shown a willingness to make 10-figure enterprise acquisitions. The fervor appears far from over.
It may be outdated, and some names can be ruled out, but at least one is intriguing.
Cisco's latest tie-up with a major tech company will yield integrated software and IoT solutions. Microsoft, Oracle and others appear to be in the cross hairs.
Consider using a 'ratio/calendar spread' ahead of earnings reports like Zendesk's.
The software company, which reports today, has experienced huge moves post-earnings.