Wednesday, November 26, 2014

Beaten-Up Workday Stock Deserves a Look

Tech investors eager for a stake in the fast-growing cloud computing sector should consider Workday stock.

The stock of human resources software maker Workday (WDAY) tanked following its third quarter earnings report posted after the close on Monday, Nov. 24. Shares fell 5.5% to $87 from $93 on Tuesday. Revenue growth exceeded expectations, but the company’s net loss widened to nearly $60 million, or 33 cents per share, from $48 million, or 27 cents per share, in the same quarter a year earlier. Plus, management forecast slower than expected revenue growth.

For tech investors, the recent pounding could point to a buying opportunity. WDAY is a long-term opportunity in an industry with significant potential. Cloud computing and software-as-a-service, or SaaS, has been described as one of the most disruptive technologies in the enterprise software market and WDAY is well on its way to becoming a major player in that arena.

Friday, November 21, 2014

6 Reasons Facebook Stock Will Soar

With these major projects, CEO Mark Zuckerberg is laying the groundwork for significant future growth.

After last month’s mixed third quarter earnings report, many Facebook (FB) investors are trying to figure out what to do with the stock. Overall performance was strong year-over-year, but Chief Financial Officer David Wehner announced that expenses in 2015 will likely increase between 55% and 75%. Facebook stock dropped nearly 7% in after-hours trading following the conference call and has yet to recover.

Clearly, investors are concerned about whether the company can sustain its recent growth trajectory. But long-term investors should not overlook all the big projects CEO Mark Zuckerberg has underway that could drive significant revenue growth in the future.

The following are 6 major initiatives for investors to watch.

Thursday, November 20, 2014

Should You Buy NVDA Stock? 3 Pros, 3 Cons

Despite relatively flat performance for most of the year, NVDA stock is still a great long-term buy

Nvidia Corporation (NVDA) has been on a roller coaster ride for the past year … so should you scoop up NVDA stock now, or hang tight and hope the price settles down in the future?

For all its ups and downs, Nvidia stock is up almost 22% this year, but 18% of that came between Jan. 2 and Feb. 24. Since then, shares have been lagging theNasdaq by a couple percentage points.

2014 hasn’t been kind to some of the industry’s largest chipmakers, as Advanced Micro Devices (AMD) andQualcomm (QCOM) are down more than 31% and almost 5% YTD, respectively.

Despite unimpressive results recently for NVDA stock, the company has been taking steps to further solidify its relationshipswith Google (GOOG) and Hewlett-Packard (HPQ) to continue providing processors for new tablets and Chromebooks.

Investors might consider Nvidia a viable option for medium- to long-term growth, and some of the industry’s tech analysts are bullish on NVDA stock for the next five to 10 years. However, technology is one of the fastest-changing industries, so let’s consider some pros and cons of adding NVDA stock to your portfolio.

Wednesday, November 12, 2014

Juniper CEO Gets Fired – Does It Even Matter?

Juniper CEO Shaygan Kheradpir has been replaced after less than a year. Don't expect much from JNPR stock for a while.

This past Sunday night, the board of directors at Juniper Networks (JNPR) unanimously decided at an emergency meeting to replace the company’s CEO, Shaygan Kheradpir. While the specifics surrounding the actual events that led to the board’s decision remain under wraps, a company spokesperson provided a few vague, but intriguing, details.

Tuesday, November 11, 2014

BlackBerry Has No Future in Hardware

BlackBerry CEO John Chen hinted at big plans for the future, but his company may be too far gone to ever recover.

BlackBerry (BBRY) CEO John Chen, who took the reins from Thorsten Heins in November 2013, recently conducted interviews with the Financial Post and Reuters, in which he described his plans for the future of the former smartphone Goliath.

Chen stated that, among other yet-to-be-revealed plans, most of BlackBerry’s efforts will focus on reestablishing the distribution channel and sales force — not on developing and launching a slew of new devices.

Friday, November 07, 2014

Is Einhorn Trying to Pop the Bubble?

Is David Einhorn's plan to force the breakup of EMC?

Greenlight Capital, the $10 billion hedge fund run by David Einhorn, released its quarterly letter to investors on Wednesday, in which it announced, among other material changes, additional long-term positions in EMC (EMC). Known for betting on both rising and falling stock prices, Einhorn’s new “medium-sized” investment in EMC has raised eyebrows about his true intentions and expectations for the stock.

Thursday, November 06, 2014

What Should Google’s Mission Statement Be?


Now that it's much more than search, Google is due for a whole new view of what it's purpose is.

After 16 years in business, Google Inc (GOOG) has evolved from a simple Internet search engine — originally incorporated in a Menlo Park, California, garage — into one of the largest, most influential tech companies on the planet.

So it makes sense that the original Google mission statement might need to change.

Monday, November 03, 2014

Samsung Looks To Boost WiFi Speeds By 5x

Perhaps one of the most touted and sought-after characteristics of modern electronics is speed. The power of new smartphones, tablets, and computer processors continues to be both a major selling point and the focal point of critical reviews. To that end, Samsung (OTC:SSNLF) announced last month that it has developed new Wi-Fi technology capable of delivering jaw-dropping data transfer speeds.