Thursday, March 28, 2019

Top Growth Stocks For 2019

tags:VEEV,PCRFY,LEE,

At the intersection of big data and "smarter" technology lies Splunk (NASDAQ:SPLK), the data-parsing software service that turns business information into actionable solutions. Making sense of the growing amount of data the digital world is generating is a top priority for many enterprises, helping with a diverse set of needs like streamlining operations and cybersecurity. Splunk recently wrapped up its 2019 fiscal year (which ended at the end of January 2019), demonstrating once again that investing in it is one of the best ways to cash in on the boom of digital data.

A year of rapid growth

Splunk's double-digit growth last year was driven by businesses' continued interest in making use of the otherwise unusable and unwieldy data they generate, but Splunk did its fair share to make the most of the movement as well. Several acquisitions were made, most notably a couple of cybersecurity outfits to boost Splunk's presence in that fast-changing industry; new and updated product rollouts were also made for things like cloud computing and Internet of Things device tracking; and more than 2,000 apps from strategic partners were available on Splunkbase (an app store of sorts for companies) to extend the usefulness of the data analytics software for specific business needs.

Top Growth Stocks For 2019: Veeva Systems Inc.(VEEV)

Advisors' Opinion:
  • [By Ethan Ryder]

    Veeva Systems Inc (NYSE:VEEV) EVP Alan Mateo sold 876 shares of the stock in a transaction on Tuesday, July 17th. The shares were sold at an average price of $81.32, for a total value of $71,236.32. Following the transaction, the executive vice president now directly owns 13,023 shares in the company, valued at $1,059,030.36. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

  • [By Leo Sun]

    Shares of Veeva (NYSE:VEEV) have rallied about 40% this year, as the healthcare cloud services provider topped first-quarter analyst estimates with robust sales and earnings growth. Its revenue rose 22% annually to $195.5 million, beating estimates by $6.6 million. Its non-GAAP net earnings grew 43% to $0.33 per share, exceeding expectations by $0.02.

  • [By Brian Stoffel]

    The two companies in today's matchup share the same roots. Peter Gassner, founder and CEO of Veeva Systems (NYSE:VEEV), was an executive at Salesforce (NYSE:CRM) when he realized an opportunity: Drug companies had specific cloud needs that Salesforce couldn't meet.

  • [By Stephan Byrd]

    State of Wisconsin Investment Board raised its holdings in shares of Veeva Systems Inc (NYSE:VEEV) by 12.0% in the 2nd quarter, Holdings Channel reports. The firm owned 146,158 shares of the technology company’s stock after buying an additional 15,627 shares during the period. State of Wisconsin Investment Board’s holdings in Veeva Systems were worth $11,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

  • [By Brian Stoffel]

    The two companies we're comparing today -- pharmaceutical cloud specialist Veeva Systems (NYSE:VEEV) and inbound-marketing guru Hubspot (NYSE:HUBS) -- have both benefited from this trend. And shareholders have reaped the rewards: On average, the stocks have quadrupled over the past three years.

  • [By ]

    It provides cloud-based software to healthcare companies. And it has a track record of strong revenue and earnings growth. Which company is it? Veeva Systems (NYSE:VEEV) is a correct answer. So is athenahealth (NASDAQ:ATHN).  

Top Growth Stocks For 2019: Panasonic Corporation (PCRFY)

Advisors' Opinion:
  • [By ]

    However, Panasonic (OTCPK:PCRFY) announced this week that it was happy to consider further investment in the Nevada facility. A similar move in China is not unlikely. Tesla expects to triple its energy storage business this year but its problem has been getting supply to meet the demand. Panasonic's announcement is probably connected to a very substantial energy storage contract win just announced by the company.

  • [By Ethan Ryder]

    Panasonic (OTCMKTS:PCRFY) was downgraded by equities researchers at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Thursday.

  • [By ]

    The production issue for batteries may improve with added input from partner Panasonic (OTCPK:PCRFY). They currently produce battery cells for Tesla in Nevada, and in Japan. At their recent earnings call CEO Kazuhiro Tsuga said they were looking at manufacturing battery cells at a new plant in China in conjunction with Tesla. They also predicted their automation energy business profit would double this year. This can be seen as a vote of confidence in Tesla and a bullish sign for Tesla stock. However, according to reports in the Nikkei Asian Review, there is as yet no definite commitment for a joint venture in China. Panasonic is the world's largest battery supplier for EV's.

  • [By ]

    CBAK is in a very competitive industry, as well as being small relative to its competitors. Among the Company's competitors are giants like Panasonic (OTCPK:PCRFY) and Samsung (OTC:SSNLF), but overall it faces competition from Japan, Korea, and China. Although CBAK states that "we are able to leverage our low-cost advantage to compete favorably with our competitors", it is hard to see that being the reality, especially when looking at the above gross margins. Still, the Company may enjoy lower labor costs, since it sources labor locally and apparently it has "higher consistency and safety in product quality, which enables us to compete favorably with local competitors". But given the greater resources of at least some of its competitors and the constantly evolving dynamics of the industry, competition is surely a risk factor to consider.

  • [By SEEKINGALPHA.COM]

    JOLED is a company that was established in 2014 by by Japan Display, Sony (NYSE:SNE) and Panasonic (OTCPK:PCRFY). And they are not the only ones:

    During an OLED display Seminar in Korea, UniJet's CEO Kim Seok-Soon said that new advances in Ink-Jet printing technologies could enable displays that are over 500 PPI - and so make printing a viable technology to produce small and medium-sized OLED panels.

Top Growth Stocks For 2019: Lee Enterprises, Incorporated(LEE)

Advisors' Opinion:
  • [By Stephan Byrd]

    Alambic Investment Management L.P. lifted its holdings in Lee Enterprises, Incorporated (NYSE:LEE) by 44.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 155,522 shares of the company’s stock after purchasing an additional 47,889 shares during the quarter. Alambic Investment Management L.P. owned 0.27% of Lee Enterprises worth $328,000 at the end of the most recent quarter.

  • [By Elizabeth Balboa]

    Lee Enterprises, Incorporated (NYSE: LEE), tronc Inc (NASDAQ: TRNC) and A&E Networks — a subsidiary of Walt Disney Co (NYSE: DIS) — were found to have forgone the costly risk of violating GDPR and pulled out of the European market altogether.

  • [By Paul Ausick]

    Berkshire Hathaway Inc. (NYSE: BRK-A) owns more than 100 newspapers and digital media properties, including Warren Buffett’s hometown paper, the Omaha World-Herald, which the company purchased in 2011. Newspaper owner Lee Enterprises Inc. (NYSE: LEE) announced Tuesday morning that it will manage Berkshire newspaper and digital properties in 30 markets, including Omaha, beginning July 2.

No comments:

Post a Comment