CrowdStrike Holdings (CRWD) can buck Microsoft's (MSFT) push into the cybersecurity market, says an analyst who initiated coverage of CRWD stock with an outperform rating. CrowdStrike stock moved higher on Wednesday and ventured closer to being in the black for 2023. CrowdStrike Chief Executive George Kurtz, in a recent interview with IBD, talked about the evolving cybersecurity market. Broad Platform In The WorksCrowdStrike is building a broad, threat-detection cybersecurity platform. According to IBD Stock Checkup, CrowdStrike stock holds a Relative Strength Rating of only 7 out of a best-possible 99.
The major stock market indexes picked up steam in afternoon trading as they climbed to the highs of the day. Stock Market Big Movers On Earnings NumbersAmazon.com (AMZN) plunged another 7.2% in heavy volume after reporting mixed Q3 results and disappointing guidance late Thursday. The company beat Q3 EPS and sales views on Tuesday, and has been climbing in heavier than average volume since then. IBD 50 Stock Market Movers: Repair Parts Stock Jumps After EarningsThe Innovator IBD 50 ETF (FFTY) inched up 0.9%, lagging the major stock market indexes. If You Want To Find Winning Stocks, Better Know ItIBD Live: Learn And Analyze Growth Stocks With The ProsLooking For The Next Big Stock Market Winners?3 months ago Investor's Business Daily
Apple's iPhone revenue increased 10% to $42.6 billion, while services revenue rose 5% to $19.2 billion, both missing views. FSLR stock rose for the week, but fell Friday on its results. GE stock rose solidly. O'Reilly Automotive (ORLY) grew EPS 13% as revenue rose 9%, with earnings accelerating for the second straight quarter. Tesla stock rose for the week after hitting a 16-month low on Monday.3 months ago Investor's Business Daily
Additional Bond Market Factors & Potential OpportunitiesBond market traders should also pay close attention to the U.S. midterm elections on November 8. The main reason is because Treasurys* are essentially the security that represents the federal government in the financial marketplace. Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. Risks of each Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Aggressive Investment Techniques Risk, Counterparty Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, and risks specific to U.S. Government Securities. Additional risks include, for the Direxion Daily 20+ Year Bull 3X Shares, Daily Index Correlation Risk, and for the Direxion Daily 20+ Year Treasury Bear 3X Shares, Daily Inverse Index Correlation Risk, and risks related to Shorting and Cash Transactions.3 months ago Investor's Business Daily
Tesla stock rose Wednesday, extending a powerful rebound of more than 40% from the bear market low. XAfter a terrible 2022, during which Tesla stock plunged sharply in December, shares tumbled again to start 2023. Earnings: Tesla's EPS advanced 40% to $1.19 while revenue grew 37% to $24.32 billion in Q4. Tesla Stock: Earnings Come After Price CutsTesla's Q4 earnings follow Tesla China EV registrations bouncing in the week of Jan. 5-16, following recent big price cuts. That's despite a number of analysts have also weighed in on Tesla stock, cutting price targets and earnings estimates.10 days ago Investor's Business Daily
He expects average Q3 revenue growth of 4% to 5% for large-cap defense firms and is "leaning positive" into the space ahead of earnings reports. But it's always risky to purchase stocks ahead of earnings results. Wall Street expects that streak to continue for its third quarter earnings results Tuesday morning. L3Harris Technologies EarningsIntelligence and surveillance equipment and technology provider L3Harris reports earnings Friday morning. Aggressive investors could sight in on an early entry around 248.63, but those who decide to buy ahead of earnings should be highly cautious.3 months ago Investor's Business Daily
Megacap tech stocks used to be surefire S&P 500 winners. When you're talking about stocks with nearly $9 trillion in combined market value, a drop of this size translates into massive losses. Just these 15 stocks account for nearly half of the $11 trillion investors lost on stocks so far this year, says Wilshire Associates. Megacap Tech: From Losers To WinnersJust a year ago, no investor would be caught dead without giant tech stocks like Microsoft, Alphabet, Meta Platforms and Amazon in their portfolio. Ten of the 15 megacap tech stocks are seen posting lower profit in the fourth quarter than in the same year-ago period.3 months ago Investor's Business Daily
Dow Jones futures reversed higher Friday morning after another dose of inflation data, the personal consumption expenditure index. Dow Jones Today: Treasury Yields, Oil PricesAhead of Friday's opening bell, the Dow Jones futures rose 0.3%, while S&P 500 futures moved 0.2% lower. Stock Market Rally ContinuesOn Thursday, the Dow Jones Industrial Average rallied 0.6%, while the S&P 500 fell 0.6%. Dow Jones Leaders: Apple, MicrosoftAmong Dow Jones stocks, Apple shares sold off 3.05% Thursday, falling sharply for a second consecutive day. Be sure to follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones Industrial Average.3 months ago Investor's Business Daily