Under Armour (NYSE:UA, NYSE:UAA) looks exceptionally expensive. UA stock trades at 60x 2021 consensus earnings estimates. But in this case, that forward multiple is somewhat deceiving. Source: AuKirk / Shutterstock.com After all, the Street estimate for 2021 suggests net margins of a bit over 1%. And thanks to cost-cutting and, at some point, faster growth,
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It’s not the most famous cloud-based tech firm on the planet, but Fastly (NYSE:FSLY) is a name that’s gaining traction lately. The buzz surrounding FSLY stock is well-earned as this company is far from a cloud-computing Johnny-come-lately. Source: Shutterstock Commentators shouldn’t throw the word “innovator” around lightly. However, the term is entirely appropriate in the
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PayPal Holdings Inc. (PYPL) is a dominant player in digital payments through its web and mobile app payment platforms. It’s maintained its strong position against a rising number of fintech startups and technology giants such as Apple Inc. (AAPL) and Alphabet Inc. (GOOG). The company provides a variety of digital payments services to 305 million
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Tesla (NASDAQ:TSLA) stock surged to all time highs above $1,200 in early July after the electric vehicle (EV) giant reported second quarter delivery numbers which whizzed past expectations and showed that, despite the Covid-19 pandemic, the company’s secular growth narrative isn’t slowing down at all. Source: Shutterstock Tesla was supposed to deliver 83,000 cars in
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Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday. “That’s the one area of international capital flows that could be quite significant,” said Andrew Collier, managing director of Orient Capital Research, a research
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On June 25, the Federal Reserve announced the results of its annual stress tests and additional sensitivity analyses for banks, such as Wells Fargo (NYSE:WFC). Following speculation about the bank’s dividends, on June 29, the California-based bank cut its dividend for the third quarter. Now, investors in Wells Fargo stock are wondering whether WFC belongs in
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