Year: 2020

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Trading Ideas

Datadog (DDOG) Is a Winner, but the Stock Is Fairly Valued Here, Says 5-Star Analyst

May 13, 2020 admin Comments Off on Datadog (DDOG) Is a Winner, but the Stock Is Fairly Valued Here, Says 5-Star Analyst

Fate is a cruel mistress, the saying goes. But how about turning the phrase on its head? Might fate be a welcoming friend, too? That’s certainly the case during COVID-19. As some companies’ unfortunate line of business has dictated a struggle to make it through the pandemic, some are inherently well set up to benefit.Cloud based services and data focused companies, for example. Or specifically, Datadog (DDOG). The SaaS data analytics specilaist’s performance has been impressive. Since the turn of year, DDOG shares have appreciated by 82%, whilst successfully navigating through the pandemic storm. And unlike many companies struggling with …read more […]

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Trading Ideas

Walt Disney Suspends Dividend and Cuts History of Growth

May 12, 2020 admin Comments Off on Walt Disney Suspends Dividend and Cuts History of Growth

Walt Disney suspended its dividend for the first half of 2020. It normally pays a semi-annual dividend and has a long history of dividend growth. It’s even a coveted blue chip stock. So this move comes as a shock to many investors.
The coronavirus has disrupted many industries and the house of mouse isn’t exempt. Disney is a diversified media giant with products like Disney+ streaming, which has seen a sales bump. While others, like its theme parks, have shut down completely. That’s a big loss of revenue.
To stay in a position of financial strength, management is making tough decisions. The …read more […]