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Microsoft Tries To Salvage Deal To Buy TikTok, Appease Trump

(Bloomberg) — In a bid to salvage a deal for the U.S. operations of TikTok, Microsoft Corp. Chief Executive Officer Satya Nadella spoke with President Donald Trump by phone about how to secure the administration’s blessing to buy the wildly popular, but besieged, music video app.

Microsoft in a blog post Sunday confirmed talks to buy TikTok’s operations in the U.S., as well as in Canada, Australia and New Zealand, and said it’s aiming to complete the deal no later than Sept. 15.

The software giant’s public statement follows closed-door discussions with TikTok and Trump, who floated plans for an outright ban of the app on national security grounds and publicly lambasted the idea of a deal late Friday night. The companies now have 45 days to hash out a plan acceptable to all parties, a deadline insisted on by the White House, according to people familiar with the matter.

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Why Solid Peripherals Make the Stock a Buy

Logitech International SA (NASDAQ:LOGI) (SWX:LOGN) has had an excellent run even before the Covid-19 pandemic took place. Being a leading player in the global computer peripherals space, the company witnessed strong tailwinds in many of its segments with the increasing popularity of the work-from-home and learn-from-home trends.

The strong boost of gaming activity was another big plus point that helped the company show phenomenal growth in its top-line and margins in its most recent result. The management’s renewed guidance is stronger than before, and in my opinion, the company continues to be a lucrative investment to hold at current levels.

Company overview

Logitech is a Switzerland-based company engaged in the design, manufacture and marketing of personal computer accessories and mobile accessories for navigation, video communication and collaboration, smart home and other applications. It has a broad portfolio of products such as mice, keyboards, charging stands, tablet cases, car mounts for

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Best Buy, Groupon, Fortinet, Check Point Software Technologies and Zix highlighted as Zacks Bull and Bear of the Day

For Immediate Release

Chicago, IL – July 28, 2020 – Zacks Equity Research Shares of Best Buy Co. BBY as the Bull of the Day, Groupon GRPN asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on Fortinet, Inc. FTNT, Check Point Software Technologies Ltd. CHKP and Zix Corp. ZIXI.

Here is a synopsis of all five stocks:

Bull of the Day:

Headquartered in Richfield, MN, Best Buy Co. is a popular consumer electronics retailer that offers a wide range of home office products, entertainment software, communication, appliances, wellness, heath, security, appliances and related services.

Q1 Earnings Recap

Overall, Best Buy reported better-than-expected first quarter fiscal 2021 earnings, despite selling off by nearly 6% after the report was released.

The retailer beat consensus estimates on both the top and bottom line, earning $0.67 per share on sales of $8.56 billion. However, BBY suffered some pretty tough

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Looking to Buy Comics? Syfy’s Mr. Scribbles Unveils ‘Checkout’ Technology in Show

Click here to read the full article.

NBCUniversal wants to take comic book fans and sci-fi geeks on a shopping trip.

Viewers who watch the special “Syfy Wire After Dark” on Saturday, August 1, will have a chance to buy some of the goods featured on screen – without having to visit a store. The show, hosted by Jackie Jennings and her talking cat sidekick, Mr. Scribbles (above, pictured), marks the debut of new interactive technology NBCUniversal has been developing that gives the audience a chance to scan a code on screen with a smartphone, an action that takes them to an online shopping portal where they can complete a purchase. Viewers who see the show stream will be able to get to the shopping area even more directly, simply by clicking interactive links.

More from Variety

“Fans love stuff, schwag. We love to buy all the cool

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3 Hot Tech Stocks to Buy After Solid Earnings

Tech sector earnings are entering their heaviest period and there’s sure to be much to say about them. One thing’s for sure, this should be a big quarter for many players because a truly large number of companies have benefited from the pandemic-induced changes in behavior. In this blog, I’ve highlighted results for three companies and said why these stocks are worth picking up-

ASML Holding N.V. ASML

ASML is a leading provider of advanced technology systems for all the major global semiconductor manufacturers. It designs, develops, integrates, markets and services these advanced systems so customers can make integrated circuits for application across electronic, communications and other information technology markets.

Headline numbers for the June quarter: Earnings of $1.97 topped the Zacks Consensus Estimate of $1.89. Revenue of $3.66 billion was also ahead of the estimated $3.54 billion.

Highlights of the quarter: The transition to EUV tools that

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4 Industry-Beating Restaurant Stocks to Buy Amid the Pandemic

The coronavirus pandemic has impacted the restaurant industry on a global scale, starting from job cuts to temporary shutdowns. Moreover, decline in traffic on account of the coronavirus-induced crisis has been hampering business.

However, with increased focus on off-premise business along with necessary changes in business model, the industry on a whole has shown some resilience. Moreover, restaurateurs are focusing on third-party delivery channels, digital innovation, mobile ordering, rollout of self-service kiosks and loyalty programs to drive growth during the current scenario. Despite the pandemic, it is worth noting that the Retail – Restaurants industry is currently at the top 26% (with the rank of 65) out of 251 Zacks industries.

Off-Premise Business Model a Driving Factor 

Although majority dining rooms have been reopened with safety protocols, dine-in restaurant revenues are still very low in comparison to the pre-pandemic levels. In such a scenario, restaurateurs are surviving by focusing more

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ETFs to Buy as Netflix Tops Disney Ahead of Q2 Earnings

Netflix NFLX is set to release second-quarter 2020 results on Jul 16 after market close. Being the world’s largest video streaming company, it is worth taking a look at its fundamentals ahead of the results.

The stock has jumped more than 73% since mid-March and 19.6% over the past three months, outperforming the industry’s average growth of 16.2%. In fact, Netflix shares have seen a remarkable rally of 29% over the past 10 trading days that has pushed up its market valuation to $250 billion. The surge makes Netflix more valuable than Walt Disney DIS, AT&T T, Verizon Communications VZ and Comcast CMCSA.

The outperformance is expected to continue given that the company has strong chances of beating estimates and witnessed positive earnings estimate revisions, which are generally a precursor to an earnings beat.

Earnings Whispers

Netflix has a Zacks Rank #2 (Buy) and an Earnings ESP of +2.27%. According

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Here’s Where You Can Buy Non-Medical Face Masks Online Right Now

Update, June 24, 2020: Since communities in the United States resume holding public events such as protests and political rallies, the Centers for Disease Control and Prevention has released new guidelines defining these sorts of gatherings as high risk. In situations where maintaining physical distance is difficult, the CDC says cloth face coverings are “most essential” and should be worn by both event staff and attendees.

Update, May 6, 2020: As stay-at-home orders come to an end and businesses across the U.S. begin to re-open, a number of states are taking the CDC’s recommendation to wear a cloth face-covering in public to the next level by making it a requirement. This is in effect in the following seven states so far: New York, New Jersey, Connecticut, Pennsylvania, Maryland, Rhode Island, and Hawaii.

Update, April 4, 2020: The CDC issued a recommendation that President Donald Trump shared on Friday:

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As COVID-19 Continues to Fuel E-commerce, Buy Now, Pay Later Programs Evolve

Click here to read the full article.

According to CB Insights, there are 67 fintech unicorns with a combined valuation of $252.6 billion. And notably, standouts from this list include “buy now, pay later” companies who, as e-commerce continues to rise during the coronavirus pandemic, have experienced exponential sales.

In May, PayPal reported having 325 million active accounts, having gained 7.5 million new accounts in April alone. And in June, the company announced it has expanded its buy now, pay later solutions to France making it one of the first payment installment solutions for small businesses in France. According to data from PayPal, 84 percent of French consumers are more likely to shop again at a retailer that offers installments.

More from WWD

Splitit also achieved record growth during the pandemic, achieving increased conversion and average order value as online shopping rates soared. On July 8, the company announced it

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Coronavirus-Led Grocery Demand Here to Stay: 4 Stocks to Buy

The COVID-19 outbreak brought about a major shift in consumer’s shopping pattern and behavior. People are purchasing more of essential items and avoiding any extravagant spending. This has led to a spurt in demand for toilet paper, disinfectants, masks, gloves, packaged water, medicines and related food staples. Well this change in consumer behavior is here to stay, as people are preferring to work from home, dining at home and maintaining social distancing.

Product innovation, prudent pricing strategy and strategic investments in developing new business model is the need of the hour. It comes as no surprise that the companies have been stepping up omni-channel capabilities and adopting ways to enhance delivery and payment systems, in particular, to expand in the booming online grocery space. To this end, companies’ same-day and last-mile delivery services, and buy online and pick-up in store facilities bode well. In fact, the companies’ initiatives to expand

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