#nasdaq:wday

[managermint]

InvestorPlace: Beware of Valuation Risks on Workday Stock

InvestorPlace: Beware of Valuation Risks on Workday Stock

Shares of Workday (NASDAQ:WDAY) fell about 6% in late August after the hyper-growth cloud enterprise resource planning company reported second-quarter numbers which topped expectations. Management also hiked the full-year 2020 revenue guide. In other words, Workday reported a double-beat and-raise second-quarter earnings report, and in response, WDAY stock fell.

Source: Sundry Photography /…

View On WordPress

[managermint]

InvestorPlace: Stock Market Today: 2020 Recession Odds; Ulta Pummeled

InvestorPlace: Stock Market Today: 2020 Recession Odds; Ulta Pummeled

It wasn’t a great session for the stock market today. But after rallying most of this week, it’s hard for bulls to complain too much heading into the long holiday weekend. The SPDR S&P 500 ETF (NYSEARCA:SPY), SPDR Dow Jones Industrial Average (NYSEARCA:DIA) and PowerShares QQQ ETF (NASDAQ:QQQ) each tacked on over 2.5% on the week.

Believe it or not, we’ll have just four more months to go in…

View On WordPress

[managermint]

InvestorPlace: 5 Must-See Stock Charts for Tuesday: SPY, CRM, T, PLCE

InvestorPlace: 5 Must-See Stock Charts for Tuesday: SPY, CRM, T, PLCE

After a morning gap up on positive trade news, U.S. stock made an ugly reversal. Bulls are trying to limit the damage, while the whole stock universe seems to be debating whether a potential trade deal between the U.S. and China will fuel the market to new all-time highs or become a sell-the-news event. In that respect, let’s start with the S&P 500 first on our must-see stock charts list.

Must-See…

View On WordPress

[managermint]

InvestorPlace: 3 Earnings Reports to Watch Next Week

InvestorPlace: 3 Earnings Reports to Watch Next Week

Editor’s note: InvestorPlace’s Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.

The earnings calendar is starting to wind down. Several key companies still report earnings next week, and more key earnings reports will follow later this month. But for the most part, earnings season has ended.

And it’s been solid. According to data from…

View On WordPress