Category: Analyst’s Comments

XOM Stock
Analyst's Comments

AstraZeneca plc (AZN) Welcomes European Green Light For Its Coronavirus Vaccine

Coronavirus vaccine developed by AstraZeneca plc (NASDAQ: AZN) and Oxford University have been approved by the European Medicines Agency for people aged 18 and over.  Particularly, the European Medicines Agency (EMA) suggests that the AstraZeneca vaccine against coronavirus has been evaluated as safe and effective, and unanimously recommends its conditional approval by the European Commission. Since the end of December, several vaccines have been approved and used in the United Kingdom, the most common of which is offered in conjunction with the Pfizer / BioNTech vaccination, which is approved for use in the European Union.  AstraZeneca’s vaccine approval comes at
Analyst's Comments

Does Cloudera Inc (CLDR) offer investors safety?

ClouderaInc (CLDR), a provider of advanced analytics and machine learning solutions, announced on January 27 that it had received SOC 2 certification, allowing it to take on larger customer projects with stricter data protection standards. It is a requirement established by the American Institute of Certified Public Accountants (AICPA) for highly regulated businesses to achieve SOC 2 Type II certification. A certification process includes verifying conformity with several International Organization for Standardization (ISO) and International Electrotechnical Commission (IEC) standards and is conducted regularly by independent auditors. A privacy management system evaluation is generally used to determine how well customer data

MRIN Stock
Analyst's Comments

DraftKings Inc. (DKNG): Are Investors Missing The Big Picture?

Sports betting continues to grow as more US states legalize it, and DraftKings Inc. (NASDAQ: DKNG) is also taking advantage of this growth. DraftKings is a platform for online gambling and betting. In recent quarters, the company has expanded significantly in the US market, where it operates in several states. Due to the legalization of online sports betting in more jurisdictions, this trend will only continue. According to estimates by some analysts, the online sports betting and gambling market could top $58 billion a year in the United States. Most states today legalize sports betting. As betting popularity increases, so
Analyst's Comments

How Amazon’s (AMZN) prior investment in Deliveroo contributes to its $7 billion valuations?

A new round of $180 million investment has made in Deliveroo, the food delivery startup Amazon (AMZN) previously invested. Thus, the company has gained an increased market value of over $7 billion. Having such a high valuation, the start-up outperformed one of the largest British retail chains Morrison in capitalization. According to Bloomberg, Deliveroo plans to hold an initial public offering (IPO) in 2021. The IPO is expected to take place in April. The previous backers – Durable Capital Partners, Fidelity Management, and Research Company – have helped raise another financing round for the project. The Deliveroo company stated they would be investing

LBPS Stock
Analyst's Comments

Qualcomm’s (QCOM) Competitive Edge In 2021

For the semiconductor maker company QUALCOMM Incorporated (QCOM), the year 2020 ended with good momentum. Since the beginning of the year 2020, the stock has risen around 76.16 percent, from $152.34 in trade on December 31 to $86.48 on January 1, 2020. The organization will continue to expand in 2021, as three main developments in the telecom and information technology industry sustain its business. Qualcomm’s key factor of development is the deployment of 5G technology, through which the firm manufactures chips for mobile transceivers and base stations. Leading mobile vendors have unveiled the first 5G-supported handset models in 2019-2020. Over
Analyst's Comments

Domo Stock Rose Nearly 75% Since Posting Quarterly Results This Month

Powerful third-quarter results were posted by cloud computing software provider Domo Inc. (DOMO). The news contributed to the rise of the company’s stock, and the share of DOMO has gained about 75% since posting the results on December 4. Domo offers an enterprise portal that provides all workers with access to data. The company’s portfolio provides solutions for different areas of industry. The Domo Publish solution provides information for tracking supply chains to be made available in real-time. The Zoom Productivity Tracker app, designed to assess the efficiency of remote workers, is also provided by Domo. During the COVID-19 pandemic
Analyst's Comments

Disney (DIS) Stock reaches all-time high; Wells Fargo Sees DIS Shares going up to $182

The Walt Disney Co. shares are trading at an all-time high for past couple of days after Walls Fargo went bullish on the stock.  Shares of the world’s biggest fantasy entertainment platform are roaring at an all-time high after Wall Street analysts went bullish on Disney. The Walt Disney Co. (DIS) stock is escalating with a hefty volume as investors see a potential opportunity for investment. DIS shares crossed the all-time high price a couple of days ago. It is still continuing to surge aiming for analyst’s targeted price mark of $182. The stock kicked on Friday at $169.68 from
Analyst's Comments

Pioneer Power (PPSI) Stock Rallies after the Dispute with Myers Power Products Ends

The dispute between both parties has finally ended and all the previous injunctions have been eliminated. Shares of Pioneer Power Solutions, Inc. (PPSI) are pushing higher with a high volume today. The following thrust in PPSI shares occurred during the premarket trading as the stock rose above 70%. The recent surge is based on the settlement of the company with Myers Power Products, Inc. Shares of Pioneer Power began trading on Friday at $5.01 up from the prior close of $3.55. The stock is continuing to rise with a volume of over 58 million compared to the average volume of

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