Growth hits new high against value, and three stocks could ride next leg higher

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Growth hits new high against value, and four stocks could ride next leg higher $NFLX $SNAP $PE $HD (via TradingNation)

, president of Gradient Investments, is betting on one social stock to ride the next growth surge.

"I really like Snap here. Their revenue is going to grow in the mid-30% in the next couple of years, their earnings per share, albeit coming off of a low base, is going to grow quite rapidly," Binger said during the same segment. "2020 is going to be going to be a big ad monetization year. … So I really think the stars are aligning for Snap to work its way into the mid-$20s."would need to rally nearly 50% to get to the midway-mark of $25.

"That $400 mark I think is going to continue to be support. I think we should be continuing to move higher with stabilization in the overall market. I like what's happening here in the streaming wars as Disney is taking a little bit of a backseat here despite adding all those digital subscribers," said Gordon."Home Depot acts technically very, very well.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation You guys think it’s a good thing the entire global equity markets rely and are completely dependent on 4 stocks? $AAPL, $AMZN, $GOOGL, $MSFT

TradingNation the only thing growing is the fake economy, which is the stock market !

Canada Canada Latest News, Canada Canada Headlines