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According to techstockmovers.com, there are a few trending tech stocks that have recently received buy ratings and showing positive investor sentiment, as well as news headlines. With that said, the editors over at techstockmovers.com, are adding the stocks below to their tech stock watchlist. That staff here at financialmarketmovers.com, will continue to monitor these technology companies to see if the momentum continues. FinancialMarketMovers.com is looking into these tickers DAWN, MTDR, AVY, CMC, MNST, RTX and more..
Recent NFLX Stock Price: $357.42
Summary: Netflix is considered a pioneer in the streaming space. The company evolved from a small DVD-rental provider to a dominant streaming service provider, courtesy of its wide-ranging content portfolio and a fortified international footprint. Netflix has been spending aggressively on building its original show portfolio. This is helping it sustain its leading position despite the launch of new services like Disney and Apple TV as well as the existing services like Amazon prime video.Netflix streams movies, television shows and documentaries across a wide variety of genres and languages. Subscribers, both domestic and international, can watch them on a host of internet-connected devices, including television sets, computers and mobile devices. In the Domestic DVD segment, Netflix delivers DVDs through the U.S. postal service from distribution centers located in major U.S. cities.
Joseph Bonner analyst at Argus Research reiterates coverage on Netflix (NFLX) in the energy sector with a Buy rating and has set NFLX's stock price target at $ 390.
TipRanks.com reports that Netflix currently has 35 analysts offering 12-month price targets on NFLX and the consensus is a Moderate Buy rating with an average stock price target of $351.13. The most recent NFLX stock price we have is $357.42 and we are not making any NFLX forecasts at this time.
In addition, TradingView issued a Strong Buy rating for NFLX over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on NFLX. financialmarketmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on NFLX, please click here >>
Microsoft, MSFT
Recent MSFT Stock Price: $242.58
Summary: Microsoft Corporation is one of the largest broad-based technology providers in the world. The company dominates the PC software market with more than 80% of the market share for operating systems. The company's Microsoft 365 application suite is one of the most popular productivity software globally. It is also now one of the two public cloud providers that can deliver a wide variety of infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) solutions at scale. Microsoft's products include operating systems, cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools and video games. The company designs and sells PCs, tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories. Through Azure, it offers cloud-based solutions that provide customers with software, services, platforms and content.
Keith Bachman analyst at BMO Capital reiterates coverage on Microsoft (MSFT) in the energy sector with a Buy rating and has set MSFT's stock price target at $ 267.
TipRanks.com reports that Microsoft currently has 29 analysts offering 12-month price targets on MSFT and the consensus is a Strong Buy rating with an average stock price target of $282.16. The most recent MSFT stock price we have is $242.58 and we are not making any MSFT forecasts at this time.
In addition, TradingView issued a Buy rating for MSFT over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on MSFT. financialmarketmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on MSFT, please click here >>
Apple, AAPL
Recent AAPL Stock Price: $141.11
Summary: Apple's business primarily runs around its flagship iPhone. However, the Services portfolio that includes cloud services, App store, Apple Music, AppleCare, Apple Pay & licensing and other services which become the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helps Apple to strengthen its presence in the personal health monitoring space. Apple also designs, manufactures and sells iPad, MacBookand HomePod. These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service.
Sidney Ho analyst at Deutsche Bank reiterates coverage on Apple (AAPL) in the energy sector with a Buy rating and has set AAPL's stock price target at $ 160.
TipRanks.com reports that Apple currently has 27 analysts offering 12-month price targets on AAPL and the consensus is a Strong Buy rating with an average stock price target of $170.41. The most recent AAPL stock price we have is $141.11 and we are not making any AAPL forecasts at this time.
In addition, TradingView issued a Buy rating for AAPL over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on AAPL. financialmarketmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on AAPL, please click here >>
Salesforce, CRM
Recent CRM Stock Price: $155.87
Summary: Salesforce.com is the leading provider of on-demand Customer Relationship Management (CRM) software in critical operations i.e. sales force & marketing automation, customer service & support, document management, analytics and custom application development. It offers a technology platform for customers & developers to build and run business applications. Salesforce helps companies of every size & industry to connect with their customers through cloud, mobile, social, IoT & artificial intelligence (AI). There are two main revenue streams: Subscription & Support and Professional Services & Other. Subscription revenues comprise subscription fees from customers, accessing the company's enterprise cloud computing services (Cloud Services), software licenses and subscription fees recognized from customers for additional support beyond the standard support lent by the company. Professional Services & Other revenues consist of fees that the company derives from consulting and implementation services and training.
Brad Zelnick analyst at Deutsche Bank reiterates coverage on Salesforce (CRM) in the energy sector with a Buy rating and has set CRM's stock price target at $ 190.
TipRanks.com reports that Salesforce currently has 37 analysts offering 12-month price targets on CRM and the consensus is a Moderate Buy rating with an average stock price target of $191.35. The most recent CRM stock price we have is $155.87 and we are not making any CRM forecasts at this time.
In addition, TradingView issued a Buy rating for CRM over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CRM. financialmarketmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on CRM, please click here >>
Shopify, SHOP
Recent SHOP Stock Price: $44.04
Summary: Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
Bhavin Shah analyst at Deutsche Bank reiterates coverage on Shopify (SHOP) in the energy sector with a Buy rating and has set SHOP's stock price target at $ 50.
TipRanks.com reports that Shopify currently has 25 analysts offering 12-month price targets on SHOP and the consensus is a Moderate Buy rating with an average stock price target of $41.48. The most recent SHOP stock price we have is $44.04 and we are not making any SHOP forecasts at this time.
In addition, TradingView issued a n/a (possibly response change) rating for SHOP over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on SHOP. financialmarketmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on SHOP, please click here >>
Texas Instruments, TXN
Recent TXN Stock Price: $178.17
Summary: Texas Instruments, Inc. is an original equipment manufacturer of analog, mixed signal and digital signal processing (DSP) integrated circuits. TI has manufacturing and design facilities, including wafer fabrication and assembly/test operations in North America, Asia and Europe. Management's strategy has been to build assets that would be fully utilized through their lifetimes and outsource any excess demand in peak situations to outside foundries. Analog products have been categorized into three: high performance analog, high volume analog and logic, and power management. The Embedded Processing segment includes TI's OMAP, connectivity solutions, non-wireless DSPs and microprocessors. The Other segment includes smaller semiconductor product lines, such as DLP products, RISC microprocessors and ASICs, calculators and other schoolroom tools, and royalties. The company's products are sold in industrial, personal electronics, automotive, communications, enterprise and other end-markets.
William Stein analyst at Truist Financial reiterates coverage on Texas Instruments (TXN) in the energy sector with a Hold rating and has set TXN's stock price target at $ 177.
TipRanks.com reports that Texas Instruments currently has 19 analysts offering 12-month price targets on TXN and the consensus is a Hold rating with an average stock price target of $178.18. The most recent TXN stock price we have is $178.17 and we are not making any TXN forecasts at this time.
In addition, TradingView issued a Strong Buy rating for TXN over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on TXN. financialmarketmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on TXN, please click here >>
Alphabet Class A, GOOGL
Recent GOOGL Stock Price: $99.79
Summary: Alphabet has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google is a monopoly with more than 94% of the online search volume and market. Over the years, the company has witnessed increase in search queries, resulting from ongoing growth in user adoption and usage, primarily on mobile devices, continued growth in advertiser activity, and improvements in ad formats. The company is gaining market share in the cloud-computing, driven by continued strength in Google Cloud Platform and Google Workspace. Alphabet also enjoys a dominant position in the autonomous vehicles market, thanks to Waymo's relentless efforts. Also, it has bolstered its footprint in the healthcare industry with its life science division, Verily.
Brian White analyst at Monness reiterates coverage on Alphabet Class A (GOOGL) in the energy sector with a Buy rating and has set GOOGL's stock price target at $ 135.
TipRanks.com reports that Alphabet Class A currently has 31 analysts offering 12-month price targets on GOOGL and the consensus is a Strong Buy rating with an average stock price target of $126.33. The most recent GOOGL stock price we have is $99.79 and we are not making any GOOGL forecasts at this time.
In addition, TradingView issued a Buy rating for GOOGL over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on GOOGL. financialmarketmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on GOOGL, please click here >>
ServiceNow, NOW
Recent NOW Stock Price: $442.44
Summary: ServiceNow Inc. provides cloud computing services that automate digital workflows to accelerate enterprise IT operations. The company's Now Platform enables enterprises to enhance productivity by streamlining system processes. By utilizing its product portfolio, customers can reduce the manual time taken by complex processes and consequently optimize total cost of ownership. Its solutions address the needs of many departments within an enterprise, including IT, HR, facilities, field service, marketing, customer service, security, legal & finance. The company has 3 product suites for IT management and operations: IT Service Management, IT Operations Management and IT Business Management solutions. Non-IT products include Customer Service, HR and Security Operations. Its end-markets include financial services, consumer products, IT services, health care, government, education and technology. ServiceNow derives revenues from two sources: subscriptions and professional services & others.
Brad Zelnick analyst at Deutsche Bank reiterates coverage on ServiceNow (NOW) in the energy sector with a Buy rating and has set NOW's stock price target at $ 525.
TipRanks.com reports that ServiceNow currently has 22 analysts offering 12-month price targets on NOW and the consensus is a Strong Buy rating with an average stock price target of $505.05. The most recent NOW stock price we have is $442.44 and we are not making any NOW forecasts at this time.
In addition, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on NOW. financialmarketmovers.com is not recommending this stock, we are just providing you with compiled information.
For the complete breakdown on NOW, please click here >>
The editors at financialmarketmovers.com use a variety of research tools to generate our watchlists and research reports. One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star RankingTM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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