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what stocks are up today

October 16, 2020 by · Leave a Comment 

WeWork and talent agency Endeavor were forced to scrap their deals. 5 Day High: 9.74 Adding it all up, OKTA stock is one of the best growth stocks to consider when it comes to security plays. The 10-year Treasury yield plunged below 1.43% in early September, flirting with record lows. The Fundamentals: As mentioned earlier, Covid-19 has served as a permanent acceleration of e-commerce adoption in certain under-penetrated verticals. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. – Property developers, REITs, hotels and commercial space owners. The Numbers: The Trade Desk will leverage data-driven advertising tailwinds to increase its share of the global digital advertising market and drive steady 12%+ revenue growth over the next 10 years. There’s the Twitch video game streaming service, which is levered to esports tailwinds. Today, "the primary driver of what we’re seeing the last few days is economic numbers," said Keith Lerner, chief market strategist at SunTrust. All rights reserved. Copyright © 2020 InvestorPlace Media, LLC. Time – timestamp of latest intraday high The Numbers: Adobe should be able to leverage “visual” technology tailwinds to sustain mostly 10%+ revenue growth over the next several years. Consequently, NIO has visible runway to turn into the “Tesla of China” in the 2020s, implying huge growth potential for this small EV maker over the next several years. These visual megatrends will remain in place for the foreseeable, implying strong growth prospects for Adobe over the next several years. But, the pandemic has sparked more robust e-commerce adoption into under-penetrated verticals like autos. 5 Day Low: 2.05, Cenovus Energy Inc (NYSE: CVE) Former Vice President Joe Biden's big wins on Super Tuesday gave investors something to be optimistic about after worries about the coronavirus outbreak had weighed on markets for days. Profit margins will improve as higher-margin businesses (cloud, digital advertising, self-driving) scale. The spark for the rush into bonds was Tuesday's dreadful manufacturing report, which showed America's factories suffered their worst month since the end of the Great Recession. Shares were up 3%. Luke Lango is a Markets Analyst for InvestorPlace. Operating margins should improve with scale, but remain relatively muted given the marketplace model, and ultimately pan out just below 10%. The Fundamentals: Square is a pure-play on the cashless payments revolution, but while it might not be as diverse as some of the other growth stocks on this list, its promise simply too significant to ignore. bigger bet on streaming TV shows and movies, Investors are cheering Joe Biden's primary wins. It doesn't have significant connectivity to our broader business," Bakish said. Bank of America (BAC) hiked its minimum wage to $20 in the first quarter of 2020 after raising it to $15 an hour in 2017. Based on a 20-times forward earnings multiple and a range of discount rates from 7% to 10%, that implies a 2020 price target for W stock of anywhere between $210 and $270. There have been some success stories, such as Beyond Meat (BYND) and Zoom Video (ZM), but those have been the exception of late.

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