Stock Pick

  • Enterprise Products Operating, LLC — Moody’s announces completion of a periodic review of ratings of Enterprise Products Operating, LLC

    from Yahoo Finance https://ift.tt/3a7NQyO

  • Nokia’s New CEO Outlines Neutral Stance in Superpower Tech Wars

    Nokia’s New CEO Outlines Neutral Stance in Superpower Tech Wars(Bloomberg) — Nokia Oyj Chief Executive Officer Pekka Lundmark said the Finnish networks maker plans to stand clear of geopolitics as the technology industry increasingly is thrust into trade and political conflicts.Lundmark, who took the reins at Nokia on Aug. 1, is finding his footing in a tense situation that pits China — and Nokia’s rival Huawei Technologies Co. — against the U.S. and other governments moving to ban the Chinese supplier from their fifth-generation mobile networks.“I think it would be a big mistake if individual businesses would start to drive their political agenda,” he said in an interview on Friday. “It’s very important that businesses play it straight and stay where they should stay. We do not have a political agenda, we are a pure business.”U.S. President Donald Trump’s administration has been pressuring allies against using Huawei’s equipment, which it argues could pose a danger to network security. Huawei has forcefully and repeatedly denied these allegations. Huawei isn’t the only Chinese tech firm targeted: on Thursday, Trump moved to ban Chinese-owned TikTok and WeChat social media apps.Huawei’s troubles have brought some business Nokia’s way, the company said last month. The U.S. and the U.K. have signaled they’re considering some form of aid to Nokia and its Swedish competitor, Ericsson AB, to ensure competition in the supply of 5G gear.Nokia lags behind rivals in the 5G race, and that’s what Lundmark has been brought in to fix. Five days into his new job, the CEO said he is busy speaking with customers and has begun mapping a path forward.“My goal definitely is that I would be able to say something more concrete before the end of the year” on “what next steps we should take on the market,” he said.That may seem like a long time for shareholders, reeling from a 40% drop in the stock price since a 2015 high (on the day it announced the purchase of Alcatel-Lucent). They’ve been waiting since early March for Lundmark to take the reins, and many have expressed hopes he would act fast to start a turnaround. Lundmark said he has plans for an investor day “in due course” — a rare event at Nokia, which has only held two Capital Markets Days since 2009, the last one in 2016.“We have had our ups and downs in Nokia’s performance and the company has gone through a fundamental transformation,” he said. “But I’m also cautiously optimistic about the situation right now.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    from Yahoo Finance https://ift.tt/2PAtJjm

  • 2 exciting small cap ASX shares to watch

    watch broker buy

    watch broker buywatch broker buy

    Are you interested in small cap tech shares? If you are, then you’re in luck because there are a good number trading on the ASX right now which I think have a lot of potential.

    Two which I think would be worth adding to your watchlist are named below. Here’s why I like them:

    Alcidion Group Ltd (ASX: ALC)

    Alcidion is an informatics solutions provider which I think has a lot of promise. Despite operating in a tough environment during FY 2020 because of the pandemic, the company has still delivered decent top line growth. Management expects its revenue to be in the range of $18.4 million and $18.7 million, up 8.9% to 10.6% on the prior corresponding period. This has been driven by growing demand for its software, which has been designed to improve the efficacy and cost of delivering services to patients and reduce hospital-acquired complications. Pleasingly, thanks to positive industry tailwinds, I expect this solid form to continue over the coming years. This could make it well worth keeping a close eye on Alcidion’s progress in the coming years.

    Mach7 Technologies Ltd (ASX: M7T)

    Another small cap share to watch is Mach7. It is a quick-growing medical imaging data management solutions provider. Mach7’s software helps inform diagnosis, reduce care delivery delays and costs, and improve patient outcomes. Demand for its software has been very strong in FY 2020, leading to management recently revealing that it expects to report at least $18 million in revenue and its first positive EBITDA result. Another positive is its recent acquisition of leading provider of enterprise image viewing technology Client Outlook. This acquisition increases Mach7’s total addressable market from US$0.75 billion to US$2.75 billion. I believe this provides Mach7 with a significant runway for growth over the next decade. Which could make it a must for your watchlist.

    5 stocks under $5

    We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.

    And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!

    See the 5 stocks

    *Extreme Opportunities returns as of June 5th 2020

    More reading

    James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends MACH7 FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Alcidion Group Ltd. The Motley Fool Australia has recommended Alcidion Group Ltd and MACH7 FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

    The post 2 exciting small cap ASX shares to watch appeared first on Motley Fool Australia.

    from Motley Fool Australia https://ift.tt/2Dzs3UG

  • Facebook and Microsoft, smelling blood in the water, clash with Apple amid antitrust probes

    Facebook and Microsoft, smelling blood in the water, clash with Apple amid antitrust probesMicrosoft and Facebook are hitting at Apple as antitrust investigations into the iPhone maker ramp up.

    from Yahoo Finance https://ift.tt/3iiO8FR

  • Calculating The Fair Value Of FLIR Systems, Inc. (NASDAQ:FLIR)

    Calculating The Fair Value Of FLIR Systems, Inc. (NASDAQ:FLIR)How far off is FLIR Systems, Inc. (NASDAQ:FLIR) from its intrinsic value? Using the most recent financial data, we'll…

    from Yahoo Finance https://ift.tt/3kkTdzf

  • Pembina Pipeline Corporation Reports Second Quarter Results

    Pembina Pipeline Corporation Reports Second Quarter Results2020 full year guidance reiterated; strength of Pembina's fee-based business continues to drive resilienceAll financial figures are in Canadian dollars unless otherwise noted. For more information see "Non-GAAP Measures" herein.

    from Yahoo Finance https://ift.tt/3fv4Zn6

  • Should You Think About Buying Fortinet, Inc. (NASDAQ:FTNT) Now?

    Should You Think About Buying Fortinet, Inc. (NASDAQ:FTNT) Now?Today we're going to take a look at the well-established Fortinet, Inc. (NASDAQ:FTNT). The company's stock received a…

    from Yahoo Finance https://ift.tt/3kmIJzt

  • U.S. judge agrees to end decades-old movie theater rules

    from Yahoo Finance https://ift.tt/2PAMJhv

  • Susan Rice Sells Netflix Options as Biden’s Running Mate Decision Nears

    Susan Rice Sells Netflix Options as Biden’s Running Mate Decision Nears(Bloomberg) — Former national security adviser Susan Rice, a Netflix director, sold some of her shares of the video streaming company worth $305,323 this week as speculation swirls that she is among the candidates to be Democratic presidential nominee Joe Biden’s running mate.A spokeswoman for Rice said the sale was unrelated to politics and was made under a stock trading plan she filed more than three months ago under Securities and Exchange Commission rules.“Ambassador Rice’s sale of a fraction of her Netflix stock has nothing to do with VP speculation,” Erin Pelton said.Rice, who also served as the U.S. ambassador to the United Nations, is being vetted as a possible running mate for Biden. He’s expected to announce his choice next week.The share sales followed the exercise of options and were disclosed in an SEC filing Thursday night. Netflix stock has nearly doubled in the past year. Rice, who was named to the company’s board in 2018, exercised her options at $508.68. As a Netflix board member since 2018, Rice receives 125 stock options a month as part of her compensation package.Rice’s net worth was somewhere between $14.7 million and $28.5 million, according to a 2016 financial disclosure statement she made as President Barack Obama’s national security adviser. Those assets do not include her two homes, and her husband Ian Cameron’s inherited wealth could make their family’s assets significantly larger.(Updates with details in fifth paragaph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    from Yahoo Finance https://ift.tt/3kxVlnA

  • Trump advisor: Economic growth could very well skyrocket 20% later this year

    Trump advisor: Economic growth could very well skyrocket 20% later this yearDoes the July jobs report signal a V-shaped economic recovery? Special assistant to the president and NEC chief economist Joseph Lavorgna weighs in.

    from Yahoo Finance https://ift.tt/2PuLRLw