Solving eBay’s Growth Problem: The Great Hope of Cross-Border Trade
It appears that eBay (EBAY) is on the same path that rival Alibaba (BABA) has traveled: trying to capture growth by promoting cross-border e-commerce.
The share buyback program of e-commerce giant eBay (EBAY) is likely to become more moderate in 2017.
The company’s management appears to believe that while e-commerce competition is heating up, the competition is still manageable.
AMD Shares Are Now Headed This Way
Advanced Micro Devices stock has been one of the top-growing stocks in calendar 2017, rising 35.5% in February 2017. The stock also rose 5.5% on March 19.
China Mobile (CHL) stock rose 3.9% on March 20, 2017, to close at $58.52. It had risen 5.3% one day previously, on March 19.
FireEye stock rose ~8% on March 20, 2017, to close at $11.61, after Bank of America analyst Tal Liani upgraded the stock from “neutral” to “buy.”
PayPal Promises 18% Top-Line Growth: What Could Get in the Way?
PayPal (PYPL) issued a self-imposed target to grow its revenue for the current quarter by 16%–18% over the same period a year ago.
As the originator of digital payments, PayPal faces stiff competition from payment services such as Amazon Payment, Alipay, and JD Finance.
PayPal (PYPL) recently announced a global partnership with Oro, the B2B (business-to-business) e-commerce platform of OroCommerce.
What Comcast’s Valuation Metrics Indicate
On a forward EV-to-EBITDA basis, Comcast (CMCSA) appears undervalued compared with peers.
On March 15, 2017, Comcast (CMCSA) was trading 7.9% above its 100-day moving average.
Comcast made it clear that while it did support net neutrality, it didn’t favor the classification of net neutrality under Title II of the Communications Act.
How AT&T’s Dividend Yield Stacks Up against Its Peers
Now, let’s talk about AT&T’s (T) dividend yield. AT&T’s dividend yield was ~4.60% on March 16, 2017, lower than the same metric for Verizon at ~4.61%.
On March 16, 2017, AT&T was trading 6.1% above its 100-day moving average. In comparison, Verizon (VZ) was trading ~0.1% above its 100-day moving average.
Through its DIRECTV acquisition, AT&T (T) has become the largest satellite pay-TV service provider in the United States. It also provides satellite-based pay-TV services in Latin America.
How Analysts View Priceline in 2017 and Beyond
The consensus 12-month target for PCLN’s stock price is $1,851.80, which indicates a 7.4% return potential from its February 28, 2017, closing price of $1,741.00.
Priceline (PCLN) currently trades at a forward PE (price-to-earnings) multiple of 25.2x.
The total debt on Priceline’s (PCLN) balance sheet has increased from $1.9 billion in 2013 to $3.9 billion in 2014, $6.2 million at the end of 2015, and $7.1 billion in 2016.
Device and Consumer Revenues Decline for Microsoft
In 4Q15, revenues in the devices and consumer segment for Microsoft declined by 13% to $8.7 billion.
How Far Could the Memory Uptrend Push Micron’s Stock Price?
Wall Street analysts have a consensus price target of $31 for Micron Technology (MU) stock, which it may achieve if it reports better-than-expected guidance for 3Q17.
Toshiba has a 50-50 joint venture with Western Digital (WDC) under which the companies share the R&D, capital expenditure, and operating expenses of four fabs.
Micron Technology (MU) is also allocating ~$1.1 billion on new technology and enablement of 3D XPoint, which it developed in collaboration with Intel (INTC).
Inside the Intel-HTC Partnership: Stirring the VR Market
Intel and HTC have announced a partnership aimed at developing wireless connectivity for the Vive VR headset.
In fiscal 2016, AAPL reported net sales of $215.6 billion, which represents a YoY fall of 7.7%.
GoPro fell 3.0% to close at $9.07 per share on January 6, 2017. Its weekly, monthly, and YTD price movements were 2.6%, -7.0%, and 4.1%, respectively.
How Electronic Arts Is Looking to Break Out
Despite posting a 7.4% revenue growth in the December quarter, or fiscal 3Q17, Electronic Arts (EA) stock has moved nowhere.
Holiday video game sales figures shared by Sensor Tower and reported by Wall Street Journal reveal an interesting sector trend.
Nintendo (NTDOY) has plans to open three attraction sites in the US and Japan thanks to a partnership with Comcast (CMCSA).