January 22, 2019

Novavax: A Risky Biotech

The Fool has a small write up on a promising Biotech company called Novavax.  As with all small cap Biotechs, their success depends on the trail results of their product.  They will either hit a home run or strike out. 

January 10, 2019

How Analysts See Constellation Brands

Constellation Brands issued a profit warning, which sent shares tumbling.  Here's how analysts are now rating the stock:

Here’s what analysts said following the report:
  • BMO Capital Markets has an Outperform rating with a $225 price target.
  • Wells Fargo has an Outperform rating but lowered its target to $235 from $260.
  • SunTrust reiterated a Hold rating.
  • Citigroup has a Neutral rating with a $168 price target.
  • Goldman Sachs upgraded it to Buy from Neutral with a $211 target.
  • Guggenheim upgraded it to a Neutral rating from Sell.
  • Pivotal Research reiterated a Buy rating but lowered its target to $265 from $300.
Shares of Constellation Brands were last seen up about 6% at $159.90, in a 52-week range of $150.37 to $236.62. The consensus analyst price target is $238.87.

January 3, 2019

Iridium Communications

Market value: $2.7 billion
Sector: Communications
Analysts' opinion: 3 buy, 1 overweight, 2 hold, 0 underweight, 1 sell
Iridium Communications (IRDM, $23.70) has the only mobile voice and data satellite communications network to span the world. It does this by linking together 66 Low Earth Orbit (LEO) satellites, which provide users high-quality voice and data connections anywhere on the planet.
Not content to rest on its laurels, Iridium is in the final stages of building Iridium Next - its second-generation satellite network that will provide users with higher speeds and bandwidth across the globe.
This next-generation network caught the attention of Amazon.com (AMZN). Iridium recently announced that it has joined the Amazon Web Services (AWS) Partner Network and is working with the cloud-computing and e-commerce giant to develop CloudConnect, a satellite cloud-based solution that will enable AWS customers to expand their Internet of Things coverage around the world.
Iridium has been growing steadily for years, and CloudConnect could keep the momentum going. In the second quarter, it grew commercial IoT subscribers by 25% to 576,000, 55% of its overall subscriber base. In Q3, that number reached 612,000 customers - and Iridium updated its full-year outlook for total service revenue growth and operational EBITDA.

January 2, 2019

On Zuora

Zuora is a small company that had its IPO last fall.  This is a SaaS company that provides the tools that other companies use to transition to a SaaS model.  Both the Fool and Marketwatch like the company.