Zoom (ZM) reported an excellent 2Q23 after the close Monday. Revenue increased a more than expected 3.6% and EPS came in way ahead of expectations at $1.34. As a result, ZM marginally increased its full year revenue guidance and significantly…
Most of the time cheap stocks are cheap for good reason. While they look good on current financial metrics like the P/E ratio, their businesses are in decline and a more far sighted analysis of their business reveals them to…
John Deere (DE) just reported earnings and – as I suspected – it was another solid quarter. Revenue was +12% and strong margins resulted in EPS +66%. DE raised its full year net income guidance from $9.0-$9.5 billion to $9.75-$10.0…
On Monday, I argued that Target (TGT) shares were beat up and could rally if their report was just okay. And that’s what happened as a mixed quarter resulted in a 3% move higher on Wednesday. On Tuesday, I argued…
Target (TGT) reported mixed earnings this morning but that may be good enough for the shares to bounce. Comps declined a more than expected 5.4% but margins firmed up resulting in better than expected EPS of $1.80. TGT also lowered…
Walmart (WMT) and John Deere (DE) are two core holdings of mine that have performed well and I see no reason to do anything heading into their earnings reports later this week. WMT remains the go to destination for the…
Target (TGT) shares have been crushed over the last two years, down almost 50% from their 2021 highs. TGT is now trading for only ~16x its 2023 EPS guidance of $7.75-$8.75. If 2Q23 earnings out Wednesday morning can meet a…
DataDog (DDOG) – a popular cloud security software play – reported 2Q23 earnings this morning. As you can see from the chart above, after a one and a half year downtrend, DDOG had been on fire for the last three…
Palantir (PLTR) may or may not be a meme stock but because of the complexity of its business it has a certain mystique among investors. Where most companies provide a concise description of their business under the “About” section of…
PayPal (PYPL) is getting slaughtered today (-12%) on what I continue to maintain was a solid quarter. There is one metric that bears are hanging their hats on: Transaction Margin. Transaction Margin came in at 45.9% for the quarter –…