CrowdStrike Holdings, Inc. – Class A Common delivered strong Q1 FY25 results with 33.5% ARR growth and 41.8% free cash flow growth.
CrowdStrike raised its full-year revenue guidance and is expected to continue delivering 30%+ growth in the near-term
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary is expected to switch to Algo Engine buy conditions near the $80 support level.
EPS is expected to bottom in 2025 and grow over 10% yearly until 2028. Meanwhile, revenue growth is expected at around 8% for the next three years.
On April 25, 2024, Intel reported its Q1 FY24 earnings with revenue of $12.7 billion, a 9% increase YoY, and non-GAAP EPS of $0.18, both beating Wall Street expectations. However, the revenue guidance of $12.5 billion to $13.5 billion fell short of Wall Street’s expectation of $13.63 billion, leading to a plunge in the stock price to around $30 per share.
Intel is a high-risk recovery play in the chip space. We consider the current share price to be at an inflection point, and it will begin to rise in mid-to-late 2024. The first positive catalyst is the US government’s CHIPs Act funding payment. A multi-year recovery should follow, driven by innovation and AI data center sales.
Shopify Inc. Class A Subordinate Voting revenue is expected to grow by 20% to $8.5 billion in 2024. Currently trading at 8.8x estimated sales, Shopify remains undervalued relative to its software and e-commerce peers with a similar growth profile.
We rate SHOP a buy within the $50 – $60 price range.
Q1 2024 revenue increased 23% to $1.9 billion compared to the prior year, which translates into year-over-year growth of 29% after adjusting for the sale of our logistics businesses
PayPal Holdings, Inc. – Common first-quarter results show a 9% revenue increase and a 14% rise in Total Payment Volume, driven by enhanced features in Venmo and strategic market expansions.
The number of people using Venmo has gradually increased, from a low of 3 million in 2015 to a high of nearly 78 million as of the end of 2023.
FCF, which touched $1.763 billion in Q1 2024 alone. This resurgence can be attributed to, among other factors, robust management strategies, such as buying back shares aggressively in response to the stock’s depressed valuation, which suffered from a significant pullback of 80% in the last few years.
In 2023 alone, PayPal redirected $4.4 billion to buybacks,
NVIDIA Corporation – Common Q1 earnings produced record revenues and profits as the Data Center business continued to grow rapidly. The company announced a ten-for-one stock split. Nvidia shares are now trading at 40x forward earnings.
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PayPal’s first-quarter results show a 9% revenue increase and a 14% rise in Total Payment Volume, driven by enhanced features in Venmo and strategic market expansions.
The number of people using Venmo has gradually increased, from a low of 3 million in 2015 to a high of nearly 78 million as of the end of 2023.
FCF, which touched $1.763 billion in Q1 2024 alone. This resurgence can be attributed to, among other factors, robust management strategies, such as buying back shares aggressively in response to the stock’s depressed valuation, which suffered from a significant pullback of 80% in the last few years.
In 2023 alone, PayPal redirected $4.4 billion to buybacks,
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Please login with your account or register for a free trial. If your trial has expired, then you may renew it here.
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