What Caught Our Attention in the Investment World? – Week of January 11-15, 2021

By Kuldip K. Ambastha On Tuesday, January 12, 2021, the stock of Etsy, Inc. (ETSY) had a +12.1% daily return. Etsy is a technology platform which serves as an online marketplace. Sellers are able to easily manage and scale their businesses (mainly focused on handmade products – arts, crafts, jewelry, clothing, and so on) through …

What Caught Our Attention in the Investment World? – Week of November 30-December 4, 2020

By Kuldip K. Ambastha On Thursday, December 3, 2020, CrowdStrike Holdings, Inc. (CRWD) had a +13.6% return for the day. The company delivered a $0.08 adjusted earnings per share figure for 3Q2020, well above the expected consensus estimate of $0.00. The cybersecurity company CrowdStrike Holdings has been successful during the current global coronavirus pandemic era. …

What Caught Our Attention in the Investment World? – Week of November 23-27, 2020

By Kuldip K. Ambastha The Gap, Inc. (GPS) is a prominent American company in the clothing and accessories retail sector, with store locations worldwide. The company was founded in 1969 by Donald Fisher and Doris F. Fisher, and is headquartered in San Francisco, CA. On Wednesday, November 25, 2020, the company’s stock had a -19.6% …

What Caught Our Attention in the Investment World? – Week of November 16-20, 2020

By Kuldip K. Ambastha On Wednesday, November 18, 2020, Target Corporation (TGT) had a +2.3% return for the day. The prominent general merchandise retailer with a motto of “Expect More. Pay Less.” announced strongly positive 3Q2020 results which drove the return seen on that day. 3Q2020 adjusted earnings per share came in at $2.79, surpassing …

What Caught Our Attention in the Investment World? – Week of November 9-13, 2020

By Kuldip K. Ambastha Quidel Corporation (QDEL) is an American company in the diagnostic healthcare product space. Its offerings are sold worldwide. On Friday, May 8, 2020, the company received emergency use authorization for a COVID-19 antigen test from the U.S. Food and Drug Administration. (Emergency use authorization is a new public health testing category …

What Caught Our Attention in the Investment World? – Week of November 2-6, 2020

By Kuldip K. Ambastha LendingTree, Inc. (TREE) is a well-known online loan marketplace operating in the USA. On the trading day of Thursday, November 5, 2020, the company’s stock had a -15.4% loss due to 3Q2020-related news. During 3Q2020, a quarterly loss figure of -$0.26 per share was seen. In contrast, one year ago during …

What Caught Our Attention in the Investment World? – Week of October 26-30, 2020

By Kuldip K. Ambastha SAP SE (SAP) is a German software company in the enterprise software sector, focused on business operations and customer relations. The company operates in many countries around the world and has well-known enterprise resource planning (ERP) capabilities. SAP stands for “Systems, Applications, and Products in Data Processing.” On Monday, October 26, …

What Caught Our Attention in the Investment World? – Week of September 8-11, 2020

By Kuldip K. Ambastha (This week’s update is a follow-up to What Caught Our Attention in the Investment World? – Week of October 28-November 1, 2019.) On Wednesday, September 9, 2020, the stock of Tiffany & Co. saw a -6.4% return. Tiffany & Co. (TIF) and LVMH Moët Hennessy (LVMH) (LVMUY) were in the news …

What Caught Our Attention in the Investment World? – Week of August 31 – September 4, 2020

By Kuldip K. Ambastha On Thursday, September 3, 2020, Ciena Corporation (CIEN) had a return of -24.3%. For its most recent fiscal quarter, the technology (tech) company surpassed its profit and revenue expectations, but also announced that in the next few quarters going forward it was expecting a slowdown in orders due to the coronavirus …

What Caught Our Attention in the Investment World? – Week of August 24 – 28, 2020

By Kuldip K. Ambastha On Wednesday, August 26, 2020, the stock of Salesforce.com, Inc. (CRM) had a pop of 26.0%. The stock posted smaller positive and negative returns during other days of the trading week. Strong 2Q2020 results drove the 26.0% gain in one day. For the first time, in 2Q2020 Salesforce.com, Inc. had more …