Page 10982 – CWEB

Costco Wholesale Misses But Beats On Revenue – CWEB.com

CWEB

-

March 8, 2018

Costco_-_Irvine,_CA,_USA_(2013)_02

Costco Wholesale Misses But Beats On Revenue – CWEB.com

Costco (NASDAQ:COST) Comparable sales increased 8.4% to help lift the company to 11% total sales growth for the quarter.

U.S. comparable sales were up 7.1% during the period, while international sales rose 15.7% Y/Y.

E-commerce sales jumped 28.5%.

Membership fee revenue rose to $716M vs. $636M a year ago.

COST has risen to new highs following a strong Q1 earnings report, the tax bill, and the ongoing bull market.

COST is filling its footprint out in North America while evaluating its optimal global warehouse store and omnichannel opportunities.

With a good start in meeting the AMZN (NASDAQ: AMZN) Whole Foods challenge, COST appears to me to merit its premium valuation.

Costco finishes fiscal 2017 with strength.

Expands into two new international markets, Iceland and France.

Costco carries a small margin of safety at the current price.

Costco (NASDAQ:COST) has reached a pic of it’s stock value at this levels.

Costco competitors are:

Sears (NASDAQ:SHLD) which trades around $3 with a huge upside coming soon after ER

Overstock (NASDAQ:OSTK) which trades $60

Dillards (NYSE:DDS) which trades $88

Nordstrom (NYSE:JWN) which trades $52

Macys (NYSE:M) which trades $30

Groupon (NASDAQ:GRPN) which trades around $5 with a huge upside

Walmart (NYSE:WMT) which trades around $88

Etsy (NASDAQ:ETSY) which trades around $25

Gap (NYSE:GPS) which trades around $34

BABA (NYSE:BABA) which trades around $180

Amazon ( NASDAQ:AMZN) which trades around $1500

CWEB Analyst’s have initiated a Hold Rating for Costco (NASDAQ:COST) and a Price Target of $150 within 12 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Nordstrom Slides As It Rejects Family Offer To Buy Company – CWEB.com

CWEB

-

March 6, 2018

0

nordstrom

Nordstrom Slides As It Rejects Family Offer To Buy Company – CWEB.com

Nordstrom (NYSE:JWN) has slide lower after it rejected a family proposal from the Nordstrom family to acquire the company.

A group consisting of company Co-Presidents Blake Nordstrom, Peter Nordstrom, and Erik Nordstrom, along with President of Stores James Nordstrom, Chairman Emeritus Bruce Nordstrom, and Anne E. Gittinger said it intended to submit a proposal to buy all outstanding shares it doesn’t already own along with 21% of family-owned shares for $50 each, the company says.

Nordstrom remains the leading retailer in evolving to meet customers’ needs, which is seen in the company’s return policy, growing discount stores, and commitment in growing its online presence.

Nordstrom (NYSE:JWN) in 2017 had a record sales of approximately $15 billion.

This represented annualized growth of 5% over the last five years reflecting the investments they have made to expand our reach and improve the customer experience.

Nordstrom (NYSE:JWN) will continue to see positive customer trends. At the close of 2017, Nordstrom had 33 million customers.

Additionally, 9 million customers have shopped in multiple ways, a 6% increase over the previous year.

It recently announced 1.2% comp sales growth for November and December period, which isn’t spectacular, especially after accounting for higher e-commerce sales growth.

The current price does not justify the recent results.

Nordstrom (NYSE:JWN) has shot up by over 35% since early November. The company has benefitted from the positive sales environment in the holiday season.

Nordstrom competitors are:

Sears (NASDAQ:SHLD) which trades around $3

Overstock (NASDAQ:OSTK) which trades $60

Dillards (NYSE:DDS) which trades $88

Nordstrom (NYSE:JWN) which trades $52

Macys (NYSE:M) which trades $30

Groupon (NASDAQ:GRPN) which trades around $5

Walmart (NYSE:WMT) which trades around $88

Etsy (NASDAQ:ETSY) which trades around $25

Gap (NYSE:GPS) which trades around $34

BABA (NYSE:BABA) which trades around $180

Amazon ( NASDAQ:AMZN) which trades around $1500

CWEB Analyst’s have initiated a Buy Rating for Nordstrom (NYSE:JWN) and a Price Target of $100 within 12 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

Novavax’s NanoFlu Shows Positive Effect – CWEB.com

CWEB

-

March 5, 2018

0

novavax

Novavax’s NanoFlu Shows Positive Effect – CWEB.com

A phase 1/2 clinical trial assessing Novavax’s (NASDAQ:NVAX) recombinant flu vaccine NanoFlu in older adults showed a treatment effect over and above the leading egg-based flu vaccine.

In three H3N2 strains, which accounted for ~3/4 of flu-related hospitalizations this year, NanoFlu produced 47 – 64% higher antibody titers compared to the egg-based high-dose vaccine.

The company expects to launch a Phase 2 study in Q3.

Pre clinical results show superior efficacy to current vaccines, for treating both extant and drifted flu strains.

Novavax continues to trade at a steep discount to its true value; major upcoming catalysts should lift it significantly higher.

sent the stock reeling to a 52-week low.

Novavax Inc. (NASDAQ:NVAX) soared to a new 52-week high on Mar. 1, 2018, following positive top-line results from its phase I/II clinical trial of its NanoFlu recombinant influenza vaccine in older adults.

The healthcare analyst’s have given positive outlook so far for Novavax comparing it to other in the same field below:

Recro Pharma (NASDAQ:REPH) resumed with Outperform rating and $19 (111% upside) price target at Oppenheimer.

Health Insurance Innovations (NASDAQ:HIIQ) upgraded to Outperform at Raymond James.

Surmodics (NASDAQ:SRDX) upgraded to Outperform at Barrington Research.

Novavax (NASDAQ:NVAX) upgraded to Buy at Citigroup.

Fulgent Genetics (NASDAQ:FLGT) downgraded to Neutral at Piper Jaffray.

Cross Country Healthcare (NASDAQ:CCRN) downgraded to Hold at Benchmark.

Portola Pharmaceuticals (NASDAQ:PTLA) downgraded to Equal Weight at Morgan Stanley. Price target cut to $30 (29% downside risk) from $65.

CWEB Analyst’s have initiated a Hold Rating for Novavax (NASDAQ:NVAX) and a Price Target of $3 within 6 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

Salesforce The Cloud Monster That Continues Growing – CWEB.com

CWEB

-

March 5, 2018

0

salesforce-888

Salesforce The Cloud Monster That Continues Growing – CWEB.com

Salesforce.com, a leading CRM software provider, has experienced outstanding growth in recent years.

Over the next four years, the company plans to double its current revenue to $20 billion to $22 billion annually.

Salesforce (NYSE:CRM) announced recently the lofty goal of $60Billion revenue by 2034.

Salesforce market consolidation is projected to be $82B by 2025 and growing at 15% yearly rate.

International expansion, innovation, and acquisitions will lead the way for future revenue growth.

High valuation multiples and growth expectations put the company in a precarious position in the long term.

Salesforce stock is delivering impressive performance on the back of strong top line momentum.

The company is a market leader in cloud-based CRM solutions, a promising segment offering abundant potential for growth.

Upside Q1 guidance has revenue from $2.925B to $2.935B (consensus: $2.9B) and EPS from $0.43 to $0.44 (consensus: $0.37).

Upside FY19 guidance has revenue from $12.6B to $12.65B (consensus: $12.55B) and EPS from $2.02 to $2.04 (consensus: $1.75).

Key metrics: Subscription and support revenue, $2.66B (+26%); Professional services and other revenue, $196M (+7%); operating cash flow, $1.05B (+49%); total operating expenses, $2.04B; cash and equivalents, $4.52B; deferred revenue, $7.09B (+28%); unbilled deferred revenue, $13.3B (+48%); total current and noncurrent debt, $1.72B.

CWEB Analyst’s have initiated a Strong Buy Rating for Salesforce (NYSE:CRM) and a Price Target of $220 within 12 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

Why Groupon Is An Attractive Buy – CWEB.com

CWEB

-

March 5, 2018

0

white-background (30)

Why Groupon Is An Attractive Buy – CWEB.com

Groupon has the number one retail app . Their customer satisfaction rating is at 90%. Groupon Inc. (NASDAQ:GRPN) has a new successful marketing campaign which has been in placed for a long time.

Groupon Inc. (NASDAQ:GRPN) has a market cap of $2Billion.

NASDAQ reports a 1 Year Price Target of 8.25 per share.

The 50 Day Avg. Daily Volume 9,665,737. Like Overstock they both have a moderate growth rate for the next three years. In fact, Overstock has a mediocre balance sheet, while Groupon has a solid track record.

Overstock (NASDAQ:OSTK) is trading close to $60

Overstock’s stock plummeted due to the regulatory filing this past Thursday showing the SEC asked the retailer for information about Zero’s initial coin offering. Simply put, (NASDAQ:OSTK) drops after the SEC investigation into cryptocurrency token sale.

We see Groupon has the potential to outperform some of its competitors, due its aggressive growth strategies and new online campaigns featuring

Analysts who cover the stock are very optimistic. Profits they say should 55.63% in 2019, compared with the past 5-year average growth rate of 30.43%. In 2019, analysts say Groupon’s bottom line is expected to climb to $24.9M, an increase from the current $16.0M.

Groupon’s earnings growth is expected to exceed the low risk savings rate of 4.5%.

Annual growth rates for Groupon are expected to be at 33.1%, above the online growth rate for the retail sector. Groupon’s earnings are expected to grow significantly at over 20% per year.

In the past 5 years Groupon has delivered over 20% year on year earnings growth.
Return on capital employed has improved significantly versus 3 years ago.
Institutions still hold the largest share equity stake for (NASDAQ:GRPN) stock.

Groupon (NASDAQ:GRPN) competitors are:

Overstock (NASDAQ:OSTK) which trades $60

Walmart (NYSE:WMT) which trades around $88

Etsy (NASDAQ:ETSY) which trades around $25

Gap (NYSE:GPS) which trades around $34

BABA (NYSE:BABA) which trades around $180

Amazon ( NASDAQ:AMZN) which trades around $1500

So relatively to other competitors Groupon (NASDAQ:GRPN) at $4 is a great deal for long term investors, institutional holdings and regular stock traders.

CWEB Analyst’s have initiated a Buy Rating for (NASDAQ:GRPN)and a Price Target of $15 within 12 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

Does Plug Power Have Room To Grow After Downside Guidance – CWEB.com

CWEB

-

March 4, 2018

0

silver-background-3 (5)

Does Plug Power Have Room To Grow After Downside Guidance – CWEB.com

Plug Power (NASDAQ:PLUG) plunged after it reveald disappointing guidance for Q1 and FY 2018 revenues.

For Q1, Plug sees Q1 revenues of $22M-$24M, well below analyst consensus expectations for $38.3M, and an adjusted EBITDA loss of $11M-$13M vs. a $15M loss in the year-ago quarter.

For the full year, the company forecasts revenues of $155M-$180M vs. $220M consensus.

After a series of deals with big companies, Plug Power (NASDAQ:PLUG) seems to have cornered the market for fuel cell powered warehouse equipment like forklift trucks.

Shares of fuel cell power companies including Plug Power (NASDAQ:PLUG), FuelCell Energy (NASDAQ:FCEL), Ballard Power (NASDAQ:BLDP) and Hydrogenics (NASDAQ:HYGS) always rally higher with awareness of recent natural disasters including hurricanes and earthquakes.

PLUG shares have gained more momentum and it should continue to deliver more upside due to ambitious growth targets.

CWEB Analyst’s have initiated a Hold Rating for NASDAQ:PLUG and a Price Target of $4 within 12 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Which are the stock’s to watch next week on ER report – CWEB.com

CWEB

-

March 4, 2018

0

stocktowatch1

Which are the stock’s to watch next week on ER report – CWEB.com

March 6 is when Target (NYSE:TGT) reports numbers and the stock should outperform.

Notable earnings reports: Ascena Retail Group (NASDAQ:ASNA) and YY (NASDAQ:YY) on March 5; Target, Urban Outfitters (NASDAQ:URBN), Autodesk (NASDAQ:ADSK) and Guidewire (NYSE:GWRE) on March 6; Costco (NASDAQ:COST), Abercrombie & Fitch (NYSE:ANF), Dollar Tree (NASDAQ:DLTR) and Momo (NASDAQ:MOMO) on March 7; Kroger (NYSE:KR), Marvell Technology Group (NASDAQ:MRVL), VeriFone Systems (NYSE:PAY), American Eagle Outfitters (NYSE:AEO) and Finisar (NASDAQ:FNSR) on March 8; Big Lots (NYSE:BIG) on March 9.

IPOs expected to price: Bioxcel Therapeutics (Pending:BTAI) on March 7.

Victory Capital (NASDAQ:VCTR) and Evolus (NASDAQ:EOLS) on March 5; Quintana Energy Services (Pending:QES), Cardlytics (NASDAQ:CDLX), Cactus (NYSE:WHD) and Humai (NYSE:HMI) on March 6.

Airlines: A number of airline companies will post traffic reports for February next week.

Delta Air Lines (NYSE:DAL), JetBlue (NASDAQ:JBLU), Southwest Airlines (NYSE:LUV), Alaska Air Group (NYSE:ALK), SkyWest (NASDAQ:SKYW), Allegiant Travel (NASDAQ:ALGT), Hawaiian Holdings (NASDAQ:HA), American Airlines Group (NASDAQ:AAL) and United Continental (NYSE:UAL). The catch-all U.S. Global Jets ETF (NYSEARCA:JETS) is up 4.1% over the last 90 days.

FDA watch: Amgen (NASDAQ:AMGN) is expected to hear at the Oncologic Drugs panel meeting on its supplemental biologic license application for Blincyt for treatment of relapsed or refractory acute lymphoblastic leukemia.

Sources: EDGAR, Bloomberg, CNBC, Estimize.com and Nasdaq.com.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Netflix Crosses To $300 A Share – CWEB.com

CWEB

-

March 3, 2018

0

netflix11

Netflix Crosses To $300 A Share – CWEB.com

Netflix (NASDAQ:NFLX) shares crossed the $300 barrier to rally an all time high of $301.18.

It had gotten closer earlier in the week before a couple of flat days of trading.

The move capped a 3.7% gain on the day that pushed the company’s market cap to $130.6B.

Shares of Netflix (NASDAQ:NFLX) are on watch after the company strikes a deal with Sky that will see its service added to the media player’s pay bundle in the U.K. and other European nations.

The most dominant companies in the digital age: Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), (NASDAQ:NFLX) and Google (NASDAQ:GOOG).

Netflix (NASDAQ:NFLX) posted yet another blowout quarter in Q4, reporting 35% YoY revenue growth and more than 8.3 million subscriber additions for the period.

The January 22 letter to shareholders says it best:

“We believe our big investments in content are paying off. In 2017, average streaming hours per membership grew by 9% year-over-year. With greater than expected member growth (resulting in more revenue), we now plan to spend $7.5-$8.0 billion on content on a P&L basis in 2018.

Netflix outspends all its rivals on original content. This year, the company is pouring $8 billion into its original content portfolio. Compare that to Amazon’s $4.5 billion and HBO’s $2.5 billion.

CWEB Analyst’s have initiated a Buy Rating for (NASDAQ:NFLX) and a Price Target of $400 within 12 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

McDonald’s Downgraded And Down 2.7% On Dour RBC Note – CWEB.com

CWEB

-

March 2, 2018

0

McDonalds_Golden_Arches

McDonald’s Downgraded And Down 2.7% On Dour RBC Note – CWEB.com

McDonald’s Corporation (NYSE:MCD) price target was cut to $170 from $190 at RBC Capital Markets and also cut its U.S. same store after a slow start to the $1 $2 $3 menu.

“Our sense is that the $1 $2 $3 platform stole attention from local marketing, particularly at breakfast, which likely slowed as a consequence,” say Palmer and team.

Some investors have been increasingly skeptical about the prospects of an investment at these levels.

McDonald’s financials from 2017Q3 going back to 2014Q3 show debt has doubled, revenue has declined, and net income has fallen if the China/HK “one shot” sale is ignored.

investors are paying almost twice as much as they did five years ago for the same amount of FCF.

CWEB Analyst’s have initiated a Sell Rating for (NYSE:MCD) and a Price Target of $105 within 12 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

Bank Of America To Open 600 New Branches By 2022 – CWEB.com

Business

CWEB

-

March 2, 2018

0

bankofamerica

Bank Of America To Open 600 New Branches By 2022 – CWEB.com

For banks 2018 could be a really good year in transformation into more strategically focused, technologically modern, so that they may remain dominant in a rapidly evolving bank system.

Bank of America (NYSE:BAC) plans to open more than 600 new branches across the United States over the next five years.

More than 1,800 existing locations will be redesigned with new technology, furnishings and layouts.

BofA (NYSE:BAC) plans to hire more than 5,800 workers as part of the expansion.

Bond yields are currently soaring while banking stocks are massively outperforming.

Going forward, you can buy a great company at a great discount.

Bank of America has rallied strongly since the beginning of 2016.

Bank of America is already up more than 10% in 2018.

The bull case is getting even stronger with strong growth acceleration and soaring bond yields prices.

Comparing to Citigroup, Inc. (NYSE:C) and Wells Fargo(NYSE:WFC) Bank of America is very cheap compare to the industry.

CWEB Analyst’s have initiated a Buy Rating for (NYSE:BAC) and a Price Target of $60 within 12 months.

Read Full Article and Videos CWEB.com – Trending News, Blog, Shopping

CWEB

CWEB

CWEB Inc.

CWEB NEWS

Costco Wholesale Misses But Beats On Revenue – CWEB.com

Nordstrom Slides As It Rejects Family Offer To Buy Company – CWEB.com

Novavax’s NanoFlu Shows Positive Effect – CWEB.com

Salesforce The Cloud Monster That Continues Growing – CWEB.com

Why Groupon Is An Attractive Buy – CWEB.com

Does Plug Power Have Room To Grow After Downside Guidance – CWEB.com

Which are the stock’s to watch next week on ER report – CWEB.com

Netflix Crosses To $300 A Share – CWEB.com

McDonald’s Downgraded And Down 2.7% On Dour RBC Note – CWEB.com

Bank Of America To Open 600 New Branches By 2022 – CWEB.com

About us

Company

Account

Subscribe to get Latest News Updates