The year is still young, but the S&P 500 has already run up more than 6%. That’s not bad at all — especially considering that we’re only two weeks into the year!
For such a short time, this is outstanding. And this should make you happy, especially if you subscribe to the so-called “January Theory,” which states that a strong (positive) month of January will often be followed by a strong year in the markets.
—Sponsored Link— The Only 5 Stocks To Buy And Hold For 2018
It may be one of the most controversial stories gripping the U.S. at the moment. But it’s already turned smart investors into millionaires. The best part — stocks that once returned 200%, 300%, even 500% are offering us another ground floor opportunity to double, if not triple our returns this year. To learn more about these stocks, check out the full story here.
But the truth is that, as much as every investor’s situation is unique, every year in the stock market’s history is quite different from the rest, too. This year’s set of circumstances range from the enactment of the new corporate tax law in the United States to the strengthening of the largest world economies. And don’t forget a key technical consideration: The markets are on the uptrend, which is a bullish sign on its own.
Best Tech Stocks To Own For 2018: The Rubicon Project, Inc.(RUBI)
- [By Max Byerly]
Rubicon Project (NYSE:RUBI) was upgraded by stock analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued on Wednesday.
- [By Paul Ausick]
Rubicon Project Inc. (NYSE: RUBI) dropped about 29% Wednesday to post a new 52-week low of $5.96 after closing Tuesday at $8.39. Volume of more than 6.1 million shares was more than 10 times the daily average of less than 600,000. The company named a new CEO and reported weak results after markets closed Tuesday.
- [By Paul Ausick]
The Rubicon Project Inc. (NYSE: RUBI) dropped about 2.4% on Tuesday to post a new 52-week low of $8.64 against a 52-week high of $20.37. Volume of around 680,000 million was about 15% below the daily average of around 780,000. The stock closed at $8.85 on Monday night. The ad marketplace has formed a strategic alliance with Flipboard that will allow advertisers to buy ad space on Flipboard.
Best Tech Stocks To Own For 2018: 2U, Inc.(TWOU)
- [By Steve Symington]
2U Inc.(NASDAQ:TWOU)announced first-quarter 2018 results on Thursday after the market closed, highlighting not only the strength of its core Graduate Program business, but also the growing influence of its short-course offerings following its acquisition of GetSmarter last year. Shares were up more than 6% on Friday as of this writing, so let’s settle in to learn more about what drove the online education-platform company this quarter, as well as what investors should be watching in the year ahead.
- [By David Kretzmann]
Since its IPO in March 2014, 2U (NASDAQ:TWOU) stock is up over 160% as the company forges partnerships with famous schools, including Georgetown, Yale, Berkeley, and New York University.
Best Tech Stocks To Own For 2018: Polycom Inc.(PLCM)
- [By Emily Stewart]
Polycom (PLCM) is Soros’ top tech holding. As of the end of the second quarter, he owns 7.9 million shares valued at $89.2 million.
Polycom provides collaboration solutions for voice, video, and content sharing. It has a $1.7 billion market cap and trades at a P/E of 73.24.
Best Tech Stocks To Own For 2018: Ellie Mae, Inc.(ELLI)
- [By WWW.THESTREET.COM]
Ellie Mae (ELLI) was downgraded to sector perform from outperform at RBC Capital. $90 price target. The company is leveraged to lower expected refinance activity, RBC said.
- [By Lee Jackson]
These companies also reported insider selling last week:Corcept Therapeutics Inc. (NASDAQ: CORT), Customers Bancorp Inc. (NYSE: CUBI), Ellie Mae Inc. (NYSE: ELLI), Fiserv Inc. (NASDAQ: FISV) and Ulta Beauty Inc. (NASDAQ: ULTA).
- [By Brian Stoffel]
We’ll cover each of those below for these five growth stocks.
Company What it does…
Mercadolibre(NASDAQ:MELI) Leading e-commerce player in Latin America
Axon Enterprises(NASDAQ:AAXN) Develops products for police forces: TASERs, body cameras, and a database to store and analyze footage
Shopify(NYSE:SHOP) Helps merchants create an e-commerce presence
Ellie Mae(NYSE:ELLI) Offers platform to help streamline mortgage origination and refinancing business
Paycom Solutions(NYSE:PAYC) Maintains and develops cloud solutions for HR departments
Chart by author.
- [By Jason Hall, Brian Stoffel, and Brian Feroldi]
With that idea in mind, we asked three of our top contributors to write about a stock they see as being a bargain today, and they gave us mortgage industry software lynchpinEllie Mae Inc(NYSE:ELLI), real estate holding companyStore Capital Corp(NYSE:STOR), and steelmaker extraordinaireNucor Corporation(NYSE:NUE).
Best Tech Stocks To Own For 2018: RadiSys Corporation(RSYS)
- [By Lisa Levin]
RadiSys Corporation (NASDAQ: RSYS) was down, falling around 18 percent to $2.97 after the company lowered its sales forecast for the second quarter. The company now expects Q2 sales of $35 million, versus earlier outlook of $41 million to $47 million.
- [By Lisa Levin]
RadiSys Corporation (NASDAQ: RSYS) was down, falling around 18 percent to $2.95 after the company lowered its sales forecast for the second quarter. The company now expects Q2 sales of $35 million, versus earlier outlook of $41 million to $47 million.