|Day Low/High||158.09 / 161.22|
|52 Wk Low/High||111.34 / 163.57|
SHOP is an $18 billion company that has become THE way that anyone who wants to sell anything can own themselves and do so.
I think that we have to revert to fundamental tenets that can get us through this.
I have long been interested as well as invested in the business cloud, and Salesforce has long been one of my key names.
Analysts need to recognize this shift in the banking markets.
I won't lose money for my clients by buying stocks in companies that are facing lower margins.
Let's visit with the charts to see if we are on the same page, so to speak.
Here's why these companies do well in a choppy environment.
This is some sort of whacky, crazy bull market that just doesn't want to go down.
What happened today is a recognition by money managers that they are paying too much for the drug and food stocks and too little for the building block techs.
The one-day pops that could be fleeting might only be an appetizer to the entrée that is the nascent fourth industrial revolution that semiconductors will need to underwrite.
This shutdown is starting to feel different from those that we have experienced in the past, is it not?
The federal government is still partially shut down. There is a debt ceiling out there with our name on it, and a looming expiration date on its suspension.
The RMPIA index was up for the year, while the S&P 500, DJIA, Russell 2000 and Nasdaq all finished 2018 in the red.
Whether this is the end of the slump is still up for debate, but the crash since October has been brutal and all bear markets end the same way.
As the market has encountered a bit of volatility and tech stocks began to falter overall, many cloud companies have outpaced the market on the way down.
Use it to your advantage or don't use it at all.
There are some solid individual names in tech, but traders must be selective.
The Menlo Park, California-based social media giant slid 1.58% on the day to $137.42 per share, far below the company's near $220 highs less than five months ago.
Recent earnings reports from several major software firms suggest business trends remain pretty good for the group.
As far as fiscal policy... yeah, that's still unsustainable. No change there.
Here are 4 stocks that can be bought into the stock cyclone that might occur if things don't go the bulls way in the Argentine.
Salesforce could become the fastest enterprise software company in history to cross the $16 billion threshold.
Now, though, we have the G-20 and this is a much tougher one.
One analyst said he forecasts MuleSoft's business to double as a percent of Salesforce's revenue in five years.
Secular demand is sending software stocks like Salesforce cloud-bound.
Salesforce has some very positive analyst comments this morning.
The principal risks to the shares are a downturn in IT spending, execution challenges and acquisition integration risks.