GBA Presents: THE GREEN MARKET
- Thread starter stonedinvestor
- Start date
This almost feels like a Bear market but they keep saying on TV we are only 3% from our highs but most tech is down 20% almost<----
They had these talking heads come on this week and they poo pooed the sell off last Friday because it was without the pro traders around it was somehow an " ill liquid " market.
What is today then?
Cramer is going to have a difficult time explaining this to his minions...
DO I HAVE THE GUTS?
Hedge Funds are Buying These Stocks for the Rest of 2021
10. Five9, Inc. (NASDAQ:FIVN)
Number of Hedge Fund Holders in Q3: 76
Number of Hedge Fund Holders in Q2: 45
Five9, Inc. (NASDAQ:FIVN) provides cloud software for contact centers. The company recently beat market estimates on earnings per share and revenue for the third quarter by $0.05 and $7 million respectively. The shares surged 14% after the earnings report was released.
On November 9, investment advisory UBS upgraded Five9, Inc. (NASDAQ:FIVN) stock to Buy from Neutral and raised the price target to $195 from $175, noting the revenue growth of the company against peers.
At the end of the third quarter of 2021, 76 hedge funds in the database of Insider Monkey held stakes worth $3.5 billion in Five9, Inc. (NASDAQ:FIVN), up from 45 in the preceding quarter worth $2.1 billion.
Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Alkeon Capital Management is a leading shareholder in Five9, Inc. (NASDAQ:FIVN) with 3 million shares worth more than $480 million.
Alongside Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc. (NASDAQ:GOOG), Five9, Inc. (NASDAQ:FIVN) is one of the stocks that hedge funds are buying.
In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Five9, Inc. (NASDAQ:FIVN) was one of them. Here is what the fund said:
“Five9 is a cloud-based contact center as a service software provider that is replacing aging on-premise legacy solutions that dominate the installed base. Companies are being forced to modernize and cloud penetration is still low; Five9 is positioned to benefit and should see further growth driven by its cross-selling add-on modules and an AI product that generates high revenue.”
Hedge Funds are Buying These Stocks for the Rest of 2021
10. Five9, Inc. (NASDAQ:FIVN)
Number of Hedge Fund Holders in Q3: 76
Number of Hedge Fund Holders in Q2: 45
Five9, Inc. (NASDAQ:FIVN) provides cloud software for contact centers. The company recently beat market estimates on earnings per share and revenue for the third quarter by $0.05 and $7 million respectively. The shares surged 14% after the earnings report was released.
On November 9, investment advisory UBS upgraded Five9, Inc. (NASDAQ:FIVN) stock to Buy from Neutral and raised the price target to $195 from $175, noting the revenue growth of the company against peers.
At the end of the third quarter of 2021, 76 hedge funds in the database of Insider Monkey held stakes worth $3.5 billion in Five9, Inc. (NASDAQ:FIVN), up from 45 in the preceding quarter worth $2.1 billion.
Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Alkeon Capital Management is a leading shareholder in Five9, Inc. (NASDAQ:FIVN) with 3 million shares worth more than $480 million.
Alongside Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc. (NASDAQ:GOOG), Five9, Inc. (NASDAQ:FIVN) is one of the stocks that hedge funds are buying.
In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Five9, Inc. (NASDAQ:FIVN) was one of them. Here is what the fund said:
“Five9 is a cloud-based contact center as a service software provider that is replacing aging on-premise legacy solutions that dominate the installed base. Companies are being forced to modernize and cloud penetration is still low; Five9 is positioned to benefit and should see further growth driven by its cross-selling add-on modules and an AI product that generates high revenue.”
Probably, but he knows how to talk around. Vix > 35 is relatively rare, and an opportunity I think
An "ill market".
At least our ACC holds up.
Good inflation hedge that one.
ABB.... stands its ground.
ZUMZ help up.
AI had a nice bounce off yesterday's lows.
Idea there.
Of course my ABT is green lol.
$129
JOAN up 5%!
And Stoney... you won't believe what I bought today.
ELYS!!!!
I kid you not.
Its time for Guido to start buying his own shares again. He always does it down here.
In at $3.35.
I like this better than your XSPA
It's the only thing I added today.
We don't wanna talk about DOCU.
Five9's Charts Have Improved: Here's Our Strategy Now
We have a recommendation and a new price target.
By BRUCE KAMICH
Nov 16, 2021 | 08:07 AM EST
In his first "Executive Decision" segment of Monday's Mad Money program, Jim Cramer spoke with Rowan Trollope, CEO of Five9 (FIVN) , the contact center software provider.
We have a recommendation and a new price target.
By BRUCE KAMICH
Nov 16, 2021 | 08:07 AM EST
In his first "Executive Decision" segment of Monday's Mad Money program, Jim Cramer spoke with Rowan Trollope, CEO of Five9 (FIVN) , the contact center software provider.
GBA UPGRADE**Palantir Technologies Inc. (PLTR)- SELL--> HOLD
NYSE - Nasdaq Real Time Price. Currency in USD
18.69-1.00 (-5.08%)
As of 03:19PM EST.
NYSE - Nasdaq Real Time Price. Currency in USD
18.69-1.00 (-5.08%)
As of 03:19PM EST.