ORCL Earnings And The AI Euphoria
The big event Monday is Oracle (ORCL) earnings after the close. The stock gapped up almost 5% at the open – and it was already at an all time high. The question is: Will ORCL report spectacular guidance like Nvidia…
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DOCU Increases Full Year Guidance, Shares Pop
Docusign (DOCU) – the leader in esignature solutions – just reported 1Q23 earnings. The stock has been destroyed in the last couple years but it may be finding a bottom. For the first time since I’ve been following the stock,…
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CRM: Excellent Quarter But The Stock Is Overextended
Salesforce (CRM) just reported an excellent 1Q23 – but maybe not enough to push the stock higher in the short term. CRM raised full year operating margin guidance to 28% from 27% and as a result they now expect EPS…
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CRM Earnings Preview; How To Play An Overextended Stock
Salesforce (CRM) has been on fire since its last earnings report when it surprised the market with 27% operating margin guidance for its current fiscal year. The stock is now up ~70% from its December lows heading into its 1Q23…
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NVDA’s Monster Quarter An “iPhone Moment” For AI?
A trillion dollars of installed global data center infrastructure will transition from general purpose to accelerated computing as companies race to apply generative AI into every product, service and business process – NVDA CEO Jensen Huang, Press Release May 24…
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Is PANW Too Expensive?
Cybersecurity leader Palo Alto Networks (PANW) reported earnings after the close Tuesday. I’ve long followed PANW because it has “Palo Alto” in its name and cybersecurity is a secular growth story. But I’ve never bought the stock because I’ve always…
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Is ZM A Value Trap?
In my opinion, the hardest thing in investing is admitting when you’re wrong. I have a tendency to hang on to my losers too long – and then they’re down so much that I figure there must be value by…
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DE To Earn Nearly $10 Billion This Year
While most investors are focused on the first new 52-week high in the NASDAQ in more than a year, I’m studying John Deere’s (DE) just released earnings report. You can see in the tweet above that the previous four times…
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WMT Is Crushing It
It’s been a good week for Top Gun as Home Depot (HD) reported a bad quarter on Tuesday morning and Walmart (WMT) just reported an excellent one. (Last week was a different story as PayPal (PYPL) disappointed). In “WMT Earnings…
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HD Under Pressure
In “HD Earnings Preview” Monday morning I explained why I was tactically short. And it turns out that HD’s results were significantly worse than expected. Comps declined 4.5% and Net Income 8.5% compared to a year ago. Because “demand softened…
