10.94k followers • 17 symbols Watchlist by Motif Investing
Over 70% of global organizations are deploying or researching cloud services and are likely to move increasing applications to the cloud.
Curated by Motif Investing
What’s all the fluff about cloud computing? There are plenty of reasons it’s the most talked-about trend in technology. Starting with the fact that it helps reduce the up-front capital needed to build IT infrastructure and develop software. Cloud services are so appealing that the total market is expected to nearly triple from 2010 to 2016. (Yep, you read that right.)
Of course, technology companies have clamored to add cloud computing to their repertoires, leading to lots of M&A activity. Software and Internet deals represented 57% of transactions closed in 2012, a figure that has grown steadily over the last two years. All of which leaves the cloud looking like a lot more than a passing storm.
We identified US-listed stocks and American Depository Receipts of companies that are engaged in activities relevant to this watchlist's theme. We then filtered out companies that have a share price of less than .00 or a market capitalization less than 00 million, and excluded illiquid stocks by screening companies for liquidity i.e. average bid-ask spreads, dollar volume traded etc. Finally the proprietary Motif Optimization Engine determined the constituent stocks. Learn more about how we select our watchlists.Who made these selections?
Motif is an online brokerage built on thematic portfolios of up to 30 stocks and ETFs. Founded in 2010 by Hardeep Walia, Motif combines complex proprietary algorithms with skilled advisers to develop these thematic portfolios. Learn more about our team.How are these weighted?
First, we determined each company's percentage of total revenue derived from this watchlist's theme. Second, we applied a pure-play factor to give greater relative weight to companies that derive a higher percentage of their revenue from this theme. Finally, we weighted each company by its market capitalization adjusted for revenue exposure to the theme.
More details on how we build and weight watchlists are available here.
|Watchlist||Change today||1-month return||1-year return||Total return|
|Symbol||Company name||Last price||Change||% change||Market time||Volume||Avg vol (3-month)||Market cap|
|AMZN||Amazon.com, Inc.||3024.69||+64.22||+2.17%||9:34 am GMT-4||526.14k||5.02M||1,515.04B|
|BABA||Alibaba Group Holding Limited||274.4||+0.58||+0.21%||9:34 am GMT-4||554.13k||15.55M||733.27B|
|JD||JD.com, Inc.||74.8262||-0.30||-0.40%||9:34 am GMT-4||633.24k||12.15M||114.79B|
|W||Wayfair Inc.||306.2972||+3.92||+1.30%||9:34 am GMT-4||66.31k||2.50M||29.22B|
|CPRT||Copart, Inc.||103.63||+1.00||+0.97%||9:34 am GMT-4||29.53k||1.45M||24.77B|
|EXPE||Expedia Group, Inc.||92.5699||+1.28||+1.40%||9:34 am GMT-4||46.65k||3.11M||13.07B|
|VIPS||Vipshop Holdings Limited||17.22||-0.06||-0.35%||9:34 am GMT-4||86.60k||6.96M||11.64B|
|STMP||Stamps.com Inc.||224.66||+3.16||+1.43%||9:34 am GMT-4||3.52k||342.93k||3.95B|
|CMPR||Cimpress plc||76.79||+0.84||+1.11%||9:30 am GMT-4||870||174.93k||1.99B|
|SSTK||Shutterstock, Inc.||51.73||-1.79||-3.34%||4:00 pm GMT-4||341.87k||358.97k||1.87B|
|MMYT||MakeMyTrip Limited||17.235||+0.09||+0.50%||9:31 am GMT-4||5.30k||454.18k||1.76B|
|GRPN||Groupon, Inc.||25.855||+0.50||+1.97%||9:34 am GMT-4||19.85k||2.70M||742.89M|
|LQDT||Liquidity Services, Inc.||7||+0.11||+1.67%||9:30 am GMT-4||1.15k||289.17k||238.32M|
|TOUR||Tuniu Corporation||0.9||-0.02||-2.10%||9:30 am GMT-4||1.16k||479.95k||111.03M|
|FTD||FTD Companies, Inc.||0.174||-||-||9:36 am GMT-4||-||-||-|
|PCLN||-||-||-||-||6:07 pm GMT-4||-||-||-|
Walmart is getting into business lending — with some help from Goldman Sachs.
Until a couple of years ago, Goldman Sachs (NYSE: GS) was almost exclusively an investment bank. Then, Goldman jumped head-first into the credit card business by partnering with Apple (NASDAQ: AAPL) to launch the Apple credit card product. More recently, Goldman introduced an investment platform for everyday Americans, and partnered with Amazon (NASDAQ: AMZN) to provide small business credit lines to merchants.
Snowflake (NYSE: SNOW) had a rather impressive debut last week following the cloud-based data warehousing company's IPO. The investor enthusiasm is palpable, and the gains were primarily driven by retail investors as opposed to institutional players, according to Axios. Summit Insights has initiated coverage on Snowflake with a sell rating and $175 price target.