81.10 +0.02 (0.02%)
After hours: 5:28PM EDT
|Bid||81.11 x 1300|
|Ask||81.25 x 800|
|Day's range||79.34 - 81.95|
|52-week range||32.33 - 87.25|
|Beta (5Y monthly)||2.63|
|PE ratio (TTM)||122.66|
|Earnings date||30 Jul 2020 - 03 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||62.74|
This trio of companies is helping millions build thriving businesses, even during the worst of times.
Unlike most penny stocks, these three companies are leaders in their respective industries and could provide market-beating returns for a while.
In other words, this bear market is an opportunity to secure your financial freedom by putting your money to work in great businesses. Here are five top stocks that can help you in your quest for financial independence. One recipe for financial freedom is to load your portfolio with companies that offer game-changing potential.
In a world where everything is changing in a matter of weeks, talking about what could happen in the next 10-year stretch, when both the novel coronavirus and the economic lockdown meant to bring it to heel are still wreaking havoc, may seem premature. The ability to reach customers at home -- or wherever they happen to be -- is set to expand beyond the world of retail and entertainment, though.
The worldwide coronavirus crisis that have locked many citizens indoors is also rapidly diminished the allure of shiny trophy office towers.
So far, there is no “office apocalypse.” Most tenants are just looking for short-term rent relief.
In this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP, take an in-depth look at the company and what investors need to know. Plus, hear Jason and Matt discuss why they're keeping an eye on Goldman Sachs (NYSE: GS) and Intuit (NASDAQ: INTU). To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
During market downturns like the recent coronavirus market crash, it's tempting for investors to spend most of their efforts sifting through beaten-down stocks in search of bargains. This is the case for Square (NYSE: SQ) -- a point-of-sale and financial technology company whose revenue growth has soared in recent years. Here's a closer look at why this growth stock is worth its premium price.
Many active investors buy stocks on the hope of scoring outsize returns by purchasing the next Apple or Tesla. They also might remember eras such as the dot-com bubble or the housing boom and assume that investing is a path to easy money.
Following an 11-year bull market, the past three months have been highly unnerving for investors. Since the broad-based S&P 500 hit an all-time closing high exactly three months ago, on Feb. 19, 2020, we've witnessed the highest volatility reading in the CBOE Volatility Index's history, and saw the S&P 500 decline 34% in just 33 calendar days. This was the fastest drop into bear market territory (as well as the quickest 30% decline) ever recorded.
Financial services company Square (NYSE: SQ) announced on Monday that it would permanently allow many of its employees to work from home, even after the pandemic ends. The move comes just a week after a similar announcement was made by social media platform Twitter (NYSE: TWTR). "We want employees to be able to work where they feel most creative and productive," a spokesperson for the fintech said.
"We want employees to be able to work where they feel most creative and productive," a Square spokesperson said in an emailed statement. Tech giants like Facebook Inc and Alphabet Inc's Google have allowed most of their employees to work remotely until the end of this year.
In this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP, dive into the numbers that investors need to know. Then the pair answer a listener question on the seemingly irrational optimism in the stock market and discusses why they have Disney (NYSE: DIS) and Sony (NYSE: SNE) on their radar right now. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
In this episode of Motley Fool Money, Chris Hill and Motley Fool analysts Ron Gross, Andy Cross, and Jason Moser take a look at the latest headlines from Wall Street and go through earning reports of companies in a range of industries. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks.
PayPal (NASDAQ: PYPL) and Square (NYSE: SQ) saw their payments volumes head in opposite directions in April amid the novel coronavirus pandemic. PayPal saw payment volume increase about 22% last month while the same metric fell about 39% for Square. As a result, Square is accelerating its efforts to offer more digital payment solutions and help its merchants shift online.
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Bill Barker about the latest earning releases. They first look at digital transactions and how they are growing as people move away from cash.
Square's (NYSE: SQ) stock recently rallied after the digital payments company posted its first-quarter earnings. Its revenue rose 44% annually to $1.38 billion, beating estimates by $80 million and exceeding its own guidance for 36%-40% growth.
Although we've rebounded quite a bit off of the March lows, the U.S. economy and labor market remain shells of where they were just three months ago, with job losses surpassing 30 million and second-quarter gross domestic product expected to come in at a year-on-year decline of more than 30%, according to many Wall Street estimates. While putting a bear market into the rearview mirror isn't going to happen overnight, this data conclusively shows that buying stocks during major stock market declines is always a smart move. With most brokerages removing the commissions associated with stock purchases and sales on major U.S. exchanges, the barriers to invest in the market have been torn down.
The big reversal of fortune in the latter metric was due to a dramatic increase in reserves for transaction and loan losses. This has been a widespread trend among banks and financial-services providers lately, as defaults are expected to climb higher due to the economic damage wrought by the SARS-CoV-2 coronavirus. On average, analysts tracking Square stock had been estimating $1.29 billion on the top line for the quarter and an adjusted per-share net profit of $0.13.
Square' (SQ) first-quarter results reflect coronavirus-induced headwinds. Nevertheless, robust Cash App and strength in bitcoin contributed to the results.
Square reported a surprise loss in the first quarter on Wednesday, as the coronavirus outbreak shut down large parts of the global retail industry and operating expenses rose, while PayPal's profit plunged 87.4% after it boosted credit loss reserves. Analysts, however, bought into PayPal's predictions that the second quarter would be far brighter as more consumers get back to work and the boost the crisis has given to online sellers beds down. "On May 1, we had our largest single day of transactions in our history, larger than last year's transactions on Black Friday or Cyber Monday," PayPal's Chief Executive Officer Daniel Schulman told analysts on a post-earnings conference call.
Rosenblatt Securities analyst Kenneth Hill maintained a Hold rating on Square Inc (NYSE:SQ) on Wednesday, setting a price target of $67, which is approximately 5.20% above the present share price of $63.69.
Square (SQ) delivered earnings and revenue surprises of -115.39% and 5.84%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?