Small cap cloud storage stock Box Inc (NYSE: BOX), whos financialsonce had the dubious distinction of once being labeled a house of horrors in a Bloomberg interviewwithTrue Ventures Partner Om Malik, reported fiscal Q1 2018 earnings after the market closed yesterday. Q1 revenueincreased 30% to arecord $117.2 million as deferred revenue increased$224.3 million. Billings for fiscal Q1 2018increased 31% to$99.6 million. The net loss was $40.086 million versusa net loss of $38.575 million with cash being $183.691 million as of April 30thversus $177.391 million as of January 31st, 2017.
The Co-founderand CEO commented:
“Companies around the world are in the midst of digital transformation. The winners will be organizations that use technology to power new ways to connect and collaborate around their information. Box’s cloud content management platform is a powerful change agent for our 74,000 paying customers worldwide.Our strong fiscal first quarter results are a solid foundation for the year as wefocus on innovation and our global go-to-market objectives to seize our massive market opportunity.”
Best Tech Stocks To Invest In 2018: Calavo Growers, Inc.(CVGW)
- [By Lee Jackson]
Calavo Growers Inc. (NASDAQ: CVGW) had the man at the top buying stock last week. CEO Lecil Cole purchased 95,000 shares of the avocados and other perishable foods distributor at prices between $55.44 and $56.92 a share. The total for the purchase was set at $5 million. The stock closed the day last Friday at $58.30, in a52-week range of$48.745 to $71.48. The consensus price target is set at $73.17.
- [By Shanthi Rexaline]
Agricultural Produce Companies
Limoneira Company (NASDAQ: LMNR): -32.1 percent since 2011. Calavo Growers, Inc. (NASDAQ: CVGW): +168.2 percent since 2011.
Agri-Input Companies — Seeds/ Fertilizers/Pesticides Manufacturers
Best Tech Stocks To Invest In 2018: WPX Energy, Inc.(WPX)
- [By Ezra Schwarzbaum]
Matador has grown its reserves throughout the commodity cycle, as well as its production and cash flow. Haas also likes the company’s history of identifying and acquiring acreage early and cheaply. Much of the analyst’s positive outlook is derived from Matador’s successful monetization of midstream assets and pattern of reinvestment.
WPX Energy Inc (NYSE: WPX), $18 Price Target
Haas praised WPX’s production base, which is “well balanced” between three major basins, and its production mix of 51 percent oil, 13 percent natural gas liquids and 36 percent natural gas.
- [By Money Morning News Team]
WPX Energy Inc. (NYSE: WPX) is a natural gas and oil company based in Oklahoma. WPX focuses on the exploration and development of natural gas and oil fields in North America, including the Permian Basin in Texas and the Williston Basin in North Dakota.
Best Tech Stocks To Invest In 2018: Analog Devices, Inc.(ADI)
- [By WWW.THESTREET.COM]
Chips from Texas Instruments (TXN) are built into a lot of devices that matter, Cramer said, and if investors want autonomous vehicles, they should be looking at Analog Devices (ADI) .
- [By Trey Thoelcke]
Analog Devices Inc. (NASDAQ: ADI) fiscal third-quarter results are scheduled for first thing Wednesday. The consensus earnings estimate is $1.15 per share, on $1.40 billion in revenue. The shares closed the week at $78.97. The consensus price target is $94.10, and the 52-week trading range is $59.01 to $90.49.
- [By Lee Jackson]
Analog Devices Inc. (NYSE: ADI) has been on a huge run, and a director at the chip company took advantage by selling a block of 50,000 shares of the stock at prices that ranged from $83.00 to $83.50. The total of the sale was set at $4 million. The shares ended Friday at $83.26, in a 52-week trading range is $52.17 to $84.24. The consensus price target is $89.42.
- [By Leo Sun]
If you think that Apple still has room to run, you should also check out three of its top suppliers — Cirrus Logic (NASDAQ:CRUS), Analog Devices (NASDAQ:ADI), and Skyworks Solutions (NASDAQ:SWKS) — which could all be lifted by the tech giant’s rally.
- [By Craig Jones]
Najarian also noticed that traders were buying the October 87.50 calls in Analog Devices, Inc. (NASDAQ: ADI). He said that 5,000 contracts were traded in one block. Najarian bought calls in Analog Devices and he is going to hold the position for two weeks.
- [By Lisa Levin]
Analysts at Wells Fargo downgraded Analog Devices, Inc. (NASDAQ: ADI) from Outperform to Market Perform.
Analog Devices shares rose 4.83 percent to close at $81.60 on Wednesday.