The IBD Stock of the Day is Akamai Technologies (AKAM), which is hovering just below a buy point. Akamai is nearing the potential entry just after cloud services rival Amazon (AMZN) moved into its own buy zone last week. X Akamai: IBD Stock Of The Day The cloud-based internet content delivery provider is trading just below a cup-with-handle buy point of 77.69. The stock first tried to clear that level on May 22, but hit resistance and reversed lower. The buy point for Akamai Technologies, which is in IBD's Internet-Network Solutions group, remains valid because the stock only fell as much as 3.5% from that level. A sell signal for the stock would be triggered at a 7%-8% loss. Shares rose 1% to 76.74 in Monday's stock market trading. IBD Newsletters Get exclusive IBD analysis and action news daily. SIGN UP NOW! IBD Newsletters Get exclusive IBD analysis and action news daily. Tech Report Market Prep Please enter a valid email address Please select a … [Read more...] about IBD Stock Of The Day: This Amazon Web Services Rival Is Just Below A Buy Point
Is apple stock a buy now
Even though Apple (NASDAQ: AAPL) recorded record revenue and earnings per share (EPS) in the first quarter of 2018, questions remain about the company's long-term prospects.That's at least in part because the company has struggled to create a hit product since it released iPhone in 2007. Of course, that's a very high standard as Apple Watch and Apple TV would be considered successful products at most companies.Apple has created a very high bar for itself. That at least raises the question as to whether investors should buy shares in the company or whether its best days are behind it.Apple generally releases a new iPhone or at least a refresh in the fall. Image source: Apple.The numbers look goodOn a purely numerical basis, Apple has been killing it. The company posted Q1 2018 revenue of $88.3 billion, a 13% increase over the same period a year ago. Earnings per share (EPS) were up over 2017 as well climbing 16% to $3.89."We're thrilled to report the biggest quarter in Apple's history, … [Read more...] about Is Apple Inc. a Buy?
Last Updated May 6, 2009 6:40 AM EDT It's well known that games are a big seller in Apple's app store, and you can see why. The question is whether Apple is going to be satisfied with getting a tiny slice of the gaming market. Some evidence is suggesting that there are larger ambitions out in Cupertino. But is it limited to games on the iPhone? Recent hiring and some recent patent applications suggest that Apple is working on a combination gaming console and media player -- not simply additional capabilities in an iPhone or iPod, but an integrated approach never before seen. Let's start with the easy evidence (via Slashdot): Apple hired Richard Teversham from the entertainment division of Microsoft. The 15-year Microsoft vet most recently headed strategy for the Xbox group in Europe, the Middle East, and Asia. That's on the heels of hiring Bob Dreblin, the creator of Nintendo's Game Cube CPU, from AMD, as well as former top IBM chip design manager Mark Papermaster, and former AMD … [Read more...] about Is Apple Developing a Game and Media Console? [Updated]
It's almost unfathomable why some investors are turned off by Apple's (AAPL) stock. One reason may be that its price has been ramping up for at least the past five years. It shot to an all-time high of $164 a share on Sept. 11, 2017, the day before Apple launched its new iPhone lineup, spearheaded by the iPhone X. The stock has since slipped, closing at $159.88 on Sept. 15, but some Apple bulls see it soaring to $200 a share. With the share price having risen some 39 percent year-to-date, outscoring the S&P 500's 11 percent gain, bears are raising their warning signals that the stock has become overvalued. "Many investors now feel they should 'sell the news,' but we disagree and rather raise our price target to $200 from $190 as rising iPhone ASPs [average selling prices] further accelerate revenue growth," argued Robert Chira, equity analyst at Guggenheim Securities, who rates Apple shares a "buy." "We continue to see Apple now set up for its longest iPhone cycle in three … [Read more...] about Is Apple overvalued? Not by a long shot
David and Tom Gardner, The Motley Fool's co-founders, have been picking stocks for over two decades. Some of those companies have been acquired, others have grown so large that they no longer have much growth left, and still others have struggled or gone out of business. (Nobody in investing has a perfect batting average.)When I looked over some of David and Tom's best-performing stocks, five in particular leapt out at me. These are stocks which have been big winners for a long time -- but I think they have plenty of opportunity left for market-beating growth:StockMarket CapitalizationBest Known for...Apple (NASDAQ: AAPL)$890 billioniPhones, iPads, MacsAlphabet (NASDAQ: GOOGL) (NASDAQ: GOOG)$783 billionGoogle, YouTubeAmazon (NASDAQ: AMZN)$726 billionAmazon.comFacebook (NASDAQ: FB)$532 billionFacebook, Instagram, WhatsAppNetflix (NASDAQ: NFLX)$124 billionStreaming video content on its namesake platformData source: Google Finance.What's special about these stocks?What has led to these … [Read more...] about 5 Top Motley Fool Stocks to Buy Now