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By Kuldip K. Ambastha On Friday, March 3, 2023, the stock price of Samsara Inc. (IOT), an American Internet of Things (IoT) company focused on the industrial sector, surged by +15.4% per share. From the perspective of revenues, the latest quarter and full-year figures disclosed came in higher than Wall Street expected. Samsara has seen …
By Kuldip K. Ambastha On the trading day of Thursday, December 29, 2022, the stock price of Cal-Maine Foods, Inc. (CALM), a fresh egg producer, fell by -14.5% per share. For the latest quarter, the company’s sales beat expectations while profits did not beat expectations. While egg demand and pricing per dozen eggs were strong, …
Continue reading “What Caught Our Attention in the Investment World? – Week of December 27-30, 2022”
By Kuldip K. Ambastha On Monday, December 12, 2022, Weber Inc. (WEBR), primarily a grill (charcoal, gas, and electric) and related accessory company, had its stock price rise by +23.2% per share for the trading day. The catalyst here was a buyout offer of $8.05 per share, from a private equity firm. The company is …
Continue reading “What Caught Our Attention in the Investment World? – Week of December 12-16, 2022”
By Kuldip K. Ambastha The stock price of Zscaler, Inc. (ZS), a cloud security company, dropped by -10.7% per share on the trading day of Friday, December 2, 2022. In its latest quarterly results, Zscaler surpassed expectations when it came to earnings and revenues. However, the expected billings figure for the full year is lower …
By Kuldip K. Ambastha On Thursday, September 29, 2022, the stock price of CarMax, Inc. (KMX), a used vehicle retailer, dropped by -24.6% per share. The American company’s latest quarterly performance results disappointed Wall Street, especially from the perspective of earnings per share (EPS). The current landscape of high inflation, higher interest rates (making for …
By Kuldip K. Ambastha The stock of RH (RH), a luxury lifestyle retailer perhaps better known by its former name of Restoration Hardware, had four negative return days and one positive return day in this past trading week. The worst day’s return was -10.6% per share, as seen on Thursday, June 30, 2022. The company …
Continue reading “What Caught Our Attention in the Investment World? – Week of June 27-July 1, 2022”
By Kuldip K. Ambastha On Monday, June 13, 2022, MicroStrategy Incorporated (MSTR), an American technology company, had its stock price fall by -25.2% per share. MicroStrategy offers business intelligence, mobile software, and cloud-based services, and is often in the news because of its exposure to bitcoins which secure a $205 million, 3-year loan from a …
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By Kuldip K. Ambastha The stock of Accenture plc (ACN), a multinational professional services company which is strong in information technology (IT) services and consulting, was up by +6.7% for the trading day of Thursday, December 16, 2021. Accenture delivered impressive quarterly results for the past quarter, with earnings and revenues both surpassing estimates by …
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By Kuldip K. Ambastha Palo Alto Networks, Inc. (PANW) is a leading cybersecurity company with a worldwide client list. On Tuesday, August 24, 2021, the company’s stock had a +18.6% gain for the trading day. This return was the best trading day return ever seen for the stock of Palo Alto Networks. An impressive earnings …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 23-27, 2021”
By Kuldip K. Ambastha BioNTech SE (BNTX) is aiming to become a leading biotechnology company with a main focus on individualized cancer medicine. The company has also been successful in offering an mRNA-based, two-shot coronavirus vaccine called BNT162b2 (aka: Comirnaty and Tozinameran), which has become increasingly important due to the rise of the highly contagious …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 9-13, 2021”