Tag: Square stock

  • Three Top Coronavirus Stocks to Buy Anytime Soon

    Three Top Coronavirus Stocks to Buy Anytime Soon

    The best companies that have developed stronger during the pandemic.

    There is a saying that in every dark cloud there is a silver lining. Amidst the catastrophe, the COVID-19 pandemic has brought some notable opportunities for investors and companies, as well. Some of the industries have highly benefited such as the medicine and pharmaceutical companies have gone bullish following the vaccine development.

    For investors, if you’re looking for a secure investment and maximization of your wealth the best option is to go with well-positioned market leaders and hold them for a long period. So, we will be looking at the three top coronavirus stocks that could be a buy anytime soon.

    Square (SQ)

    The emerging financial services, merchant services aggregator, and mobile payment company, Square (SQ) is shaping up the future fintech world. As retail sales shifting online and during the pandemic, it has accelerated the pace of digital glory.

    Customer sales are continuing to rise and many companies have heavily relied on their online sales during all the four quarters of 2020. In that premise, the businesses are planning to go online and make it their primary source of sale.

    Square is slightly on the downward move since pumping early in this month. Investors need to follow square as the stock could be at a perfect buy position in the next week or so.

    CVS Health (CVS)

    CVS Health (CVS) is a healthcare firm that owns CVS Pharmacy, runs a retail chain; CVS Caremark, a pharmacy benefits manager; Aetna, a health insurance provider, among many other brands.

    The company’s acquisition strategy has made it a powerful force in the healthcare industry. For instance, by transforming its network from drug stores to clinics, CVS has earned ways to make profits. The company leads the drug store market with over 10,000 retail locations, 1,100 MinuteClinics, and 450 HealthHub locations across the country.

    Moreover, the company is taking a full part in the COVID-19 cycle. CVS is conducting almost 70% of the coronavirus tests and has a major stake in the US’s coronavirus vaccination effort. Analysts believe that the company can generate an additional $1 billion in gross profit from the COVID-19 immunizations. So, CVS Health (CVS) shares could shoot higher by the end of 2021.

    Freshpet (FRPT)

    With a massive boom in pet ownership during the epidemic, Freshpet (FRPT) has much in the tank to make its investors rich. The company specializes in pet food products, especially its dog and cat food products have been in huge demand lately.

    The company has a stronghold at the retail level, with its branded refrigerators installed in over 22,000 supermarkets and other retailers. So, the company is well-positioned to maintain profits from the rising pet market. In the last year, Americans have spent over $99 billion on pet products including food.

    Freshpet (FRPT) ended the full-year with a total sale of $318.8 million, up by 30% year-over-year. The has forecasted its sales to approximately triple to $1 billion by 2025. So, FRPT could be a handsomely attractive stock with potential gains for the investors.

  • Early Morning Vibes: 4 Top Trending Stocks To Watch Right Now

    Early Morning Vibes: 4 Top Trending Stocks To Watch Right Now

    US stock exchanges fell on Monday in line with the overall decline in risk sentiment in global markets, according to trading data.

    The Dow Jones Industrial Average (DJIA) fell by 0.33% to 31391.89 points, the NASDAQ high-tech index – by 0.86% to 13756.78 points, the broad market S&P 500 index – by 0.47%, up to 3887.8 points.

    Monday traders are risk averse. Their attention turned to the possible consequences of the economic recovery after the pandemic. In particular, investors are concerned that the US $1.9 trillion stimulus package will lead to increased economic activity and a surge in inflation, which in turn could prompt the Fed to tighten monetary policy.

    At preliminary trades, the pressure on the share price was also exerted by the growth of the yield on US government bonds to the maximum since February last year, which contributed to the strengthening of the dollar. However, the yield on government bonds has already moved to a correctional decline. The dollar is also slightly declining.

    Meanwhile, the shares of the American concern Boeing are losing 1.8% after the company recommended to suspend flights of 777 liners with a Pratt & Whitney PW4000-112 engine amid an emergency with an engine in Colorado.

    Today Top Movers‎

    ReTo Eco-Solutions Inc. (NASDAQ: RETO) shares are trading up 36.75% at $3.2 at the time of writing.

    Vascular Biogenics Ltd (VBLT) jumper over 58.30% at $3.53 in pre-market trading today after declaring results of the independent Data Safety Monitoring Committee pre-planned review of the ongoing OVAL Phase 3 registration enabling study of VB-111 in recurrent ovarian cancer. ‎

    TFF Pharmaceuticals Inc. (TFFP) stock soared 10.2% to $17.5 in the pre-market ‎trading.

    Celsion Corporation (CLSN), a biotechnology company, dropped about -22.42% at $2.18 in pre-market trading Tuesday after receiving FDA fast track designation for GEN-1 in Advanced Ovarian Cancer.‎ ‎

    Top Upgrades & Downgrades

    KeyBanc turned bullish on iQIYI Inc. (IQ), upgrading the stock to “Overweight” and assigning a $30.0 price target, representing a potential upside of 25.63% from Monday’s close. 

    TimkenSteel Corporation (TMST) has won the favor of KeyBanc’s equity research team. The firm upgraded the shares from Sector Weight to Overweight and moved their price target to $10.0, suggesting 58.98% additional upside for the stock. 

    Vertex Pharmaceuticals Incorporated (VRTX) received an upgrade from analysts at Baird, who also set their one-year price target on the stock to $252. They changed their rating on VRTX to Outperform from Neutral in a recently issued research note.

    Earlier Tuesday Jefferies reduced its rating on GasLog Ltd. (GLOG) stock to Hold from Buy and assigned the price target to $5.8. 

    Evercore ISI analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Principal Financial Group Inc. (PFG) has been changed to In Line from Outperform and the new price target is set at $63. 

    Analysts at Societe Generale downgraded DISH Network Corporation (DISH)’s stock to Sell from Hold Tuesday.

    Latest Insider Activity

    Pinterest Inc. (PINS) Director Levine Jeremy S. announced the sale of shares taking place on Feb 19 at $86.47 for some 150,000 shares. The total came to more than $12.97 million. 

    Coeur Mining Inc. (CDE) SVP, Exploration Rasmussen Hans John sold on Feb 22 a total 309,185 shares at $8.91 on average. The insider’s sale generated proceeds of almost $32967. 

    SLM Corporation (SLM) Director Franke Mary Carter Warren declared the purchase of shares taking place on Feb 17 at $15.03 for some 7,000 shares. The transaction amount was around $0.11 million. 

    Corvus Pharmaceuticals Inc. (CRVS) President and CEO MILLER RICHARD A MD bought on Feb 17 a total 1,278,515 shares at $3.50 on average. The purchase cost the insider an estimated $350,000.

    Important Earnings

    Top US earnings releases scheduled for today include Macy’s Inc. (NYSE: M). It will announce its Jan 2021 financial results. The company is expected to report earnings of $0.12 per share from revenues of $6.5B in the three-month period. 

    Analysts expect Square, Inc. (SQ) to report a net income (adjusted) of $0.24 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.09B. 

    B2Gold Corp. (BTG), due to announce earnings after the market closes today, is expected to report earnings of $0.01 per share from revenues of $207.75M recently concluded three-month period.

  • Early Morning Vibes: Check Out These 4 hot Crypto Stocks Right Now

    Early Morning Vibes: Check Out These 4 hot Crypto Stocks Right Now

    On February 16, American stock exchanges finished trading in different directions. The S&P 500 index dropped by a symbolic 0.06%, to 3933 points, the NASDAQ lost 0.34%, and the Dow Jones added 0.20%. The news background remained calm, investors were waiting for President Biden’s speech on fiscal stimulus. The finance sector continued to rally and gained 1.77% on the back of higher Treasury yields. The energy sector rose 2.26% on the back of rising oil prices.

    Company news

    BorgWarner (BWA: + 4.3%) acquires 59% of German company Akasol to expand its vehicle electrification capabilities.

    Palantir Technologies (PLTR: -12.8%) unexpectedly posted negative EPS, although revenue exceeded consensus expectations.

    Chemicals manufacturer Ecolab (ECL: -4.1%) was below forecast. Management noted the negative effect of the COVID-19 factor.

    Today, global stock markets are showing mixed dynamics. Joe Biden made a speech on the fiscal stimulus package in Wisconsin the day before. The US President expressed his hope for a return to normal life by next Christmas and noted that by the end of July, the vaccines produced will be enough to vaccinate all Americans. The speech of the head of state did not contain new information on incentives, but he stressed the need to adopt a large anti-crisis program.

    Weather disasters in the form of extremely low temperatures, strong winds and snowfalls that have covered the southern and central states negatively affect production processes. For example, many automakers were forced to suspend the work of assembly lines. Such natural phenomena are of a short-term nature; therefore, they usually do not have a noticeable effect on the stock market. However, in the current environment, when the S&P 500 index is at a historic high, many positive factors have been taken into account in quotes, and a sharp rise in Treasury yields reduces the attractiveness of shares, any negative event can cause a desire to fix some positions. In this regard, a short-term correction looks more and more likely.

    The Freedom Finance Sentiment Index climbed to 78 out of 100. The index reflects market participants’ hope for a global economic recovery in 2021. Worries about the negative impact of the coronavirus pandemic are eased by the prospect of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is still in an uptrend. Resistance near its upper boundary is still a significant obstacle. A breakthrough of resistance at 3950 points will mean an acceleration of the upward movement. On the eve of buyers tested this resistance, but could not overcome it. The RSI indicator is already close to the overbought level, so the upside potential in the short term is limited.

    Top Crypto Stocks‎

    Marathon Patent Group Inc (MARA) share price jumped 10.65% to $48.20 during early morning ‎trading session on ‎Wednesday.‎‎ The company is based in Nevada and is focused on Bitcoin mining.

    Airnet Technology Inc (ANTE) stock ascended 60% at $7.92 in the pre-‎market trading today.‎‎ ANTE announced giving Unistar Group Holdings Ltd a 19% stake in exchange for the delivery of 500 computer servers designed especially to mine cryptocurrencies.

    Riot Blockchain Inc (RIOT) gained over 15.29% at $68.60 in pre-market ‎trading on Wednesday.‎‎ Riot is based in Colorado and is primarily focused on Bitcoin mining.

    Sos Ltd (SOS) grew over 27.23% at $15.09 in pre-market trading ‎today.‎‎ SOS is an emerging blockchain-based and big data-driven marketing and solution provider. 

    Top Upgrades & Downgrades

    Goldman Sachs turned bullish on Palantir Technologies Inc. (PLTR), upgrading the stock to “Buy” and assigning a $34.0 price target, representing a potential upside of 22.17% from Tuesday’s close. 

    Rexnord Corporation (RXN) has won the favor of KeyBanc’s equity research team. The firm upgraded the shares from Sector Weight to Overweight and moved their price target to $60.0, suggesting 33.01% additional upside for the stock. 

    Regal Beloit Corporation (RBC) received an upgrade from analysts at KeyBanc, who also set their one-year price target on the stock to $155.0. They changed their rating on RBC to Overweight from Sector Weight in a recently issued research note. 

    Earlier Wednesday JPMorgan reduced its rating on bluebird bio Inc. (BLUE) stock to Neutral from Overweight and assigned the price target to $39. 

    Morgan Stanley analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Fortive Corporation (FTV) has been changed to Equal Weight from Overweight and the new price target is set at $75.

    Analysts at RBC Capital downgraded USA Compression Partners LP (USAC)’s stock to Sector Perform from Outperform Wednesday.

    Latest Insider Activity

    Micron Technology Inc. (MU) SVP, General Counsel&Secretary Poppen Joel L announced the sale of shares taking place on Feb 11 at $85.80 for some 4,984 shares. The total came to more than $0.43 million. 

    Square Inc. (SQ) Chief Financial Officer Ahuja Amrita sold on Feb 11 a total of 147,310 shares at $264.55 on average. The insider’s sale generated proceeds of almost $3.72 million. 

    Coty Inc. (COTY) Director Singer Robert S declared the purchase of shares taking place on Feb 11 at $6.63 for some 75,000 shares. The transaction amount was around $0.5 million.

    Important Earnings

    Top US earnings releases scheduled for today include Tilray Inc. (NASDAQ:TLRY). It will announce its Dec 2020 financial results. The company is expected to report earnings of -$0.15 per share from revenues of $55.76M in the three-month period. 

    Analysts expect iQIYI Inc. (NASDAQ:IQ) to report a net income (adjusted) of -$0.38 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $1.16B. 

    Marathon Oil Corporation (MRO), due to announce earnings after the market closes today, is expected to report earnings of -$0.2 per share from revenues of $838.05M recently concluded three-month period.

  • Early Morning Vibes: Don’t Miss On These 4 Growth Stocks

    Early Morning Vibes: Don’t Miss On These 4 Growth Stocks

    On February 9, American stock exchanges were trading in narrow ranges. The S&P 500 index fell 0.11% to 3911 points, the Dow Jones lost a symbolic 0.03%, the NASDAQ added 0.14%. The upward movement has stalled due to the lack of new drivers. The energy sector corrected 1.52% after the rally the day before. The strongest was the real estate sector, which added 0.47%.

    Company news

    Game developer Take-Two Interactive Software (TTWO: -6.1%) beat expectations, but stock corrected due to lack of clarity on its fiscal 2022 release schedule.

    Shopify e-commerce platform (SHOP: + 6.5%) announced the integration of the Shop Pay payment method on Facebook and Instagram.

    Electronic Arts (EA: + 2.6%) buys mobile game developer Glu Mobile (GLUU: + 35%) for cash. The deal will amount to $ 2.1 billion.

    Today, world stock exchanges are showing mostly positive dynamics. The news background is calm. The Biden administration said on Monday that the fiscal stimulus package will likely be passed through a simplified voting procedure requiring only a Democratic majority for approval. However, this was already a highly anticipated scenario, since President Biden, the majority of Democrats, and Treasury Secretary Janet Yellen insist on a significant amount of the anti-crisis program. This positive factor continues to support buyers, but to a large extent it has already been taken into account in the quotes. The only question that remains is what changes the bill will undergo in order to be approved by the centrist democrats.

    The Freedom Finance Sentiment Index climbed to 57 out of 100. The index reflects market participants’ hope for a global economic recovery in 2021. Concerns about the negative impact of the coronavirus pandemic are gradually diminishing with the approach of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is still in a medium-term uptrend. The trading session the day before did not change the overall picture. The upper limit of the trend at 3920 is still a significant obstacle. After the S&P 500 rallied 4% last week, short-term consolidation is likely.

    Today Top Movers

    Sundial Growers Inc (SNDL), a drug manufacturer company, soared about 18.18% ‎at $1.95 in pre-market ‎trading Wednesday.‎‎ 

    Tilray Inc (TLRY) share price jumped 24.53% to $52.74 during the early morning ‎trading session on ‎Wednesday after declaring an agreement with British company Grow Pharma, to export medical marijuana to the U.K. ‎‎ 

    Gamida Cell Ltd (GMDA) stock ascended 55.01% at $15.33 in the pre-‎market trading today.‎‎ The company recently revealed the results of Phase 3 clinical study of omidubicel. 

    Genfit (GNFT) gained over 29.30% at $6.84 in pre-market ‎trading on Wednesday following the publication of positive results from the phase 2 clinical trial evaluating elafibranor in patients with PBC in the Journal of Hepatology.‎

    Top Upgrades & Downgrades

    SVB Leerink turned bullish on Deciphera Pharmaceuticals Inc. (DCPH), upgrading the stock to “Outperform” and assigning a $70.0 price target, representing a potential upside of 44.87% from Tuesday’s close.

    Model N Inc. (MODN) has won the favor of JP Morgan’s equity research team. The firm upgraded the shares from Underweight to Neutral and moved their price target to $40.

    The Hain Celestial Group Inc. (HAIN) received an upgrade from analysts at Piper Sandler, who also set their one-year price target on the stock to $50.0. They changed their rating on HAIN to Overweight from Neutral in a recently issued research note.

    Earlier Wednesday Raymond James reduced its rating on Leggett & Platt Incorporated (LEG) stock to Outperform from Strong Buy.

    JPMorgan analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Change Healthcare Inc. (CHNG) has been changed to Neutral from Overweight and the new price target is set at $25.75.

    Analysts at Mizuho downgraded Corvus Pharmaceuticals Inc. (CRVS)’s stock to Neutral from Buy Wednesday.

    Latest Insider Activity

    Tyme Technologies Inc. (TYME) 10% Owner Demurjian Michael announced the sale of shares taking place on Feb 08 at $2.45 for some 20,000 shares. The total came to more than $49000.

    Square Inc. (SQ) Chief Financial Officer Ahuja Amrita sold on Feb 05 a total of 149,866 shares at $240.45 on average. The insider’s sale generated proceeds of almost $1.01 million.

    International Business Machines Corporation (IBM) Director HOWARD MICHELLE J declared the purchase of shares taking place on Feb 08 at $123.30 for some 64 shares. The transaction amount was around $7891.

    UnitedHealth Group Incorporated (UNH) Director FLYNN TIMOTHY PATRICK bought on Feb 05 a total of 6,972 shares at $332.68 on average. The purchase cost the insider an estimated $499,026.

    Important Earnings


    Top US earnings releases scheduled for today include Veru Inc. (NASDAQ: VERU). It will announce its Dec 2020 financial results. The company is expected to report earnings of -$0.06 per share from revenues of $10.57M in the three-month period.

    Analysts expect General Motors Company (NYSE: GM) to report a net income (adjusted) of $1.64 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $36.12B.

    Uber Technologies Inc. (UBER), due to announce earnings after the market closes today, is expected to report earnings of -$0.55 per share from revenues of $3.58B recently concluded three-month period.

  • 15 Software – Infrastructure Stocks to Watch

    15 Software – Infrastructure Stocks to Watch

    “IT Infrastructure Software Market” Research Report 2020-2025, published on Oct 15, 2020, is a detailed analysis of the current state of the market for the IT Infrastructure Software industry based on historical trends and forecasts. This report tackles the IT Infrastructure Software market segment from a basic overview to a detailed description of the IT Infrastructure Software market. Furthermore, it offers a detailed look at the key vendors, top regions, product types, and end industries of the IT Infrastructure Software marketplace. It provides historical data on the IT Infrastructure Software market trends, growth, revenue, capacity, cost structure, and key driver’s analysis.

    Besides, market dynamics (such as driver factors, restraining factors) and industry news (like mergers, acquisitions, and investments) are also considered in the report. The increase in technological innovations and advancements will enhance the product’s performance, making it more widely used in downstream applications. Furthermore, Porter’s Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, and industry competitors) provides essential information for understanding the IT Infrastructure Software market.

    Palantir Technologies Inc. (NYSE:PLTR) shares were trading down -1.93% at $25.92 at the time of writing on Wednesday. The company recently declared that it was awarded a $44.4m, three-year contract with the U.S. Food and Drug Administration (FDA).

    Palantir Technologies Inc. (NYSE:PLTR) share price went from a low point around $8.90 to briefly over $33.50 in past 52 weeks, though shares have since pulled back to $25.92. PLTR market cap has remained high, hitting $44.89B at the time of writing, giving it price-to-sales ratio of more than 40.

    If we look at the recent analyst rating PLTR, Morgan Stanley downgraded coverage on PLTR shares with an Underweight rating and a $14.33 price target, which implies room for -11.59% downside momentum this year.

    Microsoft Corporation (MSFT) last closed at $219.28, in a 52-week range of $132.52 to $232.86. Microsoft Corp. and Warner Bros. reported an epic partnership to celebrate the release of the new movie “Space Jam: A New Legacy,” coming in 2021. Analysts have a consensus price target of $239.71.

    Oracle Corporation (ORCL) stock soar by 1.49% to $62.78. The firm recently revealed fiscal 2021 Q2 results. Total quarterly revenues were up 2% year-over-year to $9.8 billion. C The most recent rating by BofA Securities, on December 16, 2020, is at a Neutral.

    Square Inc. (NYSE:SQ) Shares headed rising, higher as much as 3.22%. Lately, the company declared that its commerce platform now powers payments, e-commerce, and point of sale at nearly a dozen renowned ski resorts across the U.S. and Canada in partnership with POWDR. The most recent rating by Seaport Global Securities, on December 07, 2020, is at a Buy.

    Dropbox Inc. (NASDAQ:DBX) rose 1.73% after gaining more than $0.4 on Wednesday after reporting that it has been positioned by Aragon Research, Inc. in the Leader section of the Globe for Digital Work Hubs, 2021 for the second year in a row.

    BlackBerry Limited (BB) last closed at $8.24, in a 52-week range of $2.70 to $9.69. Today, the company will report results for the third quarter of fiscal year 2021 at 5:30 p.m. ET. Analysts have a consensus price target of $6.07.

    NortonLifeLock Inc. (NLOK) stock soar by 2.10% to $20.38. The company on December 7, 2020 revealed that it has agreed to acquire Avira in an all-cash transaction for approximately $360 million from Investcorp Technology Partners. The most recent rating by Argus, on August 21, 2020, is at a Buy.

    FireEye Inc. (NASDAQ:FEYE) Shares headed rising, higher as much as 2.77%. The company on December 11, 2020 reported that the $400 million strategic investment led by funds managed by Blackstone Tactical Opportunities has closed. The most recent rating by Barclays, on November 20, 2020, is at an Underweight.

    CrowdStrike Holdings Inc. (NASDAQ:CRWD) rose 2.78% after gaining more than $4.86 on Wednesday. On December 8, 2020, the firm released the annual CrowdStrike Services Cyber Front Lines Report, which brings together the insights and observations of CrowdStrike’s global incident response (IR) and proactive services teams in 2020.

    Cloudflare Inc. (NET) last closed at $81.81, in a 52-week range of $15.05 to $86.21. On December 7, 2020 released Data Localization Suite to give businesses across the globe tools to address their data locality, privacy, and compliance needs. Analysts have a consensus price target of $69.06.

    Box Inc. (BOX) stock soar by 3.17% to $18.85 after the defense contract management agency selected Box for cloud content management. The most recent rating by Craig Hallum, on May 28, 2020, is at a Buy.

    SolarWinds Corporation (NYSE:SWI) Shares headed falling, lower as much as -0.17%. The most recent rating by Berenberg, on October 07, 2020, is at a Buy.

    Adobe Inc. (NASDAQ:ADBE) rose 1.50% after gaining more than $7.26 on Wednesday. The company on December 10, 2020 declared financial results for its fourth quarter and fiscal year ended Nov. 27, 2020.

    Nutanix Inc. (NTNX) last closed at $30.98, in a 52-week range of $11.31 to $37.86. On December 10, 2020, the firm revealed that it has been named a Leader by Gartner, Inc. in the December 2020 Magic Quadrant for Hyperconverged Infrastructure Software. Analysts have a consensus price target of $33.64.

    Okta Inc. (OKTA) stock soar by 1.87% to $259.93. The most recent rating by JP Morgan, on December 09, 2020, is at a Neutral.