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3 SaaS Stocks For Your November 2021 Watch List

SaaS stocks to consider as organizations continue to rely on their offerings.
The post 3 SaaS Stocks For Your November 2021 Watch List appeared first on Stock Market News, Quotes, Charts and Financial Information | StockMarket.com.

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Should Investors Be Watching These Top SaaS Stocks This Week?

Even as the broader stock market today appears to be slowing its roll, the Software-as-a-Service (SaaS) industry continues to perform. As such, SaaS stocks could also be viable plays amidst the current market conditions. For starters, the need for SaaS skyrocketed at the onslaught of the pandemic. Since then, corporate spending on this section of the tech industry remains at elevated levels. In the long run, companies that have already invested in these services could likely be looking to make the most of their current SaaS subscriptions. Because of this, the case for SaaS stocks could, arguably, grow.

Not to mention, the latest earnings figures from SaaS firms continue to impress throughout this earnings season. For instance, we could take a look at the likes of Semrush (NYSE: SEMR) and PubMatic (NASDAQ: PUBM). Just this week, both firms reported solid figures in their respective quarterly earnings. On one hand, Semrush saw its third-quarter revenue surge by 53% year-over-year. Additionally, the company’s annual recurring revenue is up by 47% over the same time as well. According to CEO Oleg Shchegolev, strong growth across Semrush’s core offerings is contributing to the company’s current momentum. He also notes that the company’s average revenue per customer gained by 20% in the quarter.

On the other hand, PubMatic reported record revenue in its latest quarter, marking a 54% year-over-year jump. Because of this, the company is also raising its full-year 2021 revenue outlook as well. While these two ad tech SaaS firms continue to prosper, should investors be watching the top SaaS stocks in the stock market now?

Best SaaS Stocks To Watch In November 2021

Salesforce.com Inc.

First up, we have Salesforce, a cloud-based software company that is also the world’s number 1 customer relationship management software. It allows for an integrated platform, with AI, app development, and a suite of best-in-class apps. The company’s CRM platform helps its users go deeper with all their data and metrics. It essentially allows them to manage their data and interpret them easily with reporting features so that they can better manage their customer relations. CRM stock currently trades at $299.56 as of 2:21 p.m. ET.

The company is set to announce its third-quarter earnings on November 30, 2021, after the market closes. In light of that, let us take a glimpse of how it has been doing financially so far. In August, it reported a strong second quarter, with $6.34 billion in revenue, increasing by 23% year-over-year. The company says that this was driven by companies and governments around the world accelerating their digital transformations. In September, it also raised its fiscal year 2022 revenue guidance to a range of $26.25 billion to $26.35 billion. It also initiated a fiscal year 2023 guidance of $31.65 billion to $31.80 billion, signaling continuous growth.

On September 21, 2021, Salesforce also announced the launch of Health Cloud 2.0, a connected platform to help deliver health and safety from anywhere for both governments and businesses. “Every company is eager to be together safely with their customers, prospects, employees, and partners as they look to get back to growth and combat digital fatigue,” said Sarah Franklin, President and Chief Marketing Officer, Salesforce. “We built Dreampass, powered by Health Cloud 2.0, to bring our community together safely in San Francisco for a special in-person experience unlike anything else in the world.” Given all of this, is CRM stock worth adding to your portfolio right now?

SaaS stocks (CRM stock)
Source: TD Ameritrade TOS

[Read More] 5 Metaverse Stocks To Watch In November 2021

Adobe Inc.

Adobe is one of the largest and most diversified software companies in the world. In fact, its users range from students, creative artists, small businesses, and government agencies. The company’s software allows its users to design and deliver exceptional digital experiences. It is also the company behind the popular raster graphics editor, Photoshop. Photoshop has become the industry standard not only in raster graphics editing but in digital arts as a whole. ADBE stock currently trades at $649.70 as of 2:21 p.m. ET and is up by over 45% in the past year alone.

Last month, the company announced that it had completed the acquisition of Frame.io, a leading cloud-based video collaboration platform. The combination of Adobe’s leading video editing offerings with Frame.io’s cloud-based review and approval functionality will radically accelerate the creative process and deliver an end-to-end video platform. With skyrocketing demand for video content, video teams must create an ever-increasing volume of content. Adobe will be able to expand beyond video editors to a broader set of customers, teams, and enterprises.

It also recently announced Adobe MAX 2021, the largest creativity conference in the world and introduced various new updates and innovations across its products. At Adobe MAX, the company announced major updates across Creative Cloud flagship applications powered by Adobe Sensei, accelerated the video creation process with the addition of Frame.io and advanced 3D and immersive authoring abilities. Adobe also previewed new collaboration capabilities with the introduction of Creative Cloud Canvas, Creative Cloud Spaces and betas of Photoshop and Illustrator on the web. Given this entire host of new features, could ADBE stock be worth watching?

ADBE stock chart
Source: TD Ameritrade TOS

[Read More] Rivian (RIVN Stock) IPO: Here’s What Investors Need To Know

Microsoft Corporation

Another major name to consider among SaaS firms now would be Microsoft. This would be the case as it is behind the world’s leading productivity software, Microsoft Office. At the same time, Microsoft also boasts extensive cloud computing services in its Microsoft Azure division. If all that wasn’t enough, the company is an active player in the video gaming industry via its Xbox Game Pass subscription. Overall, when it comes to the SaaS space, few can stand toe-to-toe with Microsoft. 

Now, MSFT stock currently trades at $330.86 as of 2:22 p.m. ET. With year-to-date gains of over 50%, could the company’s shares be worth investing in? To help answer this we could look at Microsoft’s latest moves. To begin with, Microsoft revealed a new version of its cutting-edge Windows 11 operating system. In detail, the company’s Windows 11 SE is primarily catered towards K-8 classrooms and will ship exclusively on low-cost devices. Microsoft seems to be keen on expanding into the educational tech market now. This would put it in direct competition with Alphabet‘s (NASDAQ: GOOGL) Google Chromebooks and Apple’s (NASDAQ: AAPL) MacBooks.  

Aside from its work on the operational front, Microsoft continues to perform financially as well. In its latest fiscal quarter report, the company raked in a total revenue of $45.31 billion, a 22% year-over-year hike. This marks its fastest growth since 2018. With Microsoft seemingly kicking into high gear now, will you be keeping an eye on MSFT stock?

MSFT stock
Source: TD Ameritrade TOS

The post 3 SaaS Stocks For Your November 2021 Watch List appeared first on Stock Market News, Quotes, Charts and Financial Information | StockMarket.com.

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Government

Mike Pompeo Doesn’t Rule Out Serving In 2nd Trump Administration

Mike Pompeo Doesn’t Rule Out Serving In 2nd Trump Administration

Authored by Jack Phillips via The Epoch Times (emphasis ours),

Former Secretary…

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Mike Pompeo Doesn't Rule Out Serving In 2nd Trump Administration

Authored by Jack Phillips via The Epoch Times (emphasis ours),

Former Secretary of State Mike Pompeo said in a new interview that he’s not ruling out accepting a White House position if former President Donald Trump is reelected in November.

“If I get a chance to serve and think that I can make a difference ... I’m almost certainly going to say yes to that opportunity to try and deliver on behalf of the American people,” he told Fox News, when asked during a interview if he would work for President Trump again.

I’m confident President Trump will be looking for people who will faithfully execute what it is he asked them to do,” Mr. Pompeo said during the interview, which aired on March 8. “I think as a president, you should always want that from everyone.”

Then-President Donald Trump (C), then- Secretary of State Mike Pompeo (L), and then-Vice President Mike Pence, take a question during the daily briefing on the novel coronavirus at the White House in Washington on April 8, 2020. (Mandel Ngan/AFP via Getty Images)

He said that as a former secretary of state, “I certainly wanted my team to do what I was asking them to do and was enormously frustrated when I found that I couldn’t get them to do that.”

Mr. Pompeo, a former U.S. representative from Kansas, served as Central Intelligence Agency (CIA) director in the Trump administration from 2017 to 2018 before he was secretary of state from 2018 to 2021. After he left office, there was speculation that he could mount a Republican presidential bid in 2024, but announced that he wouldn’t be running.

President Trump hasn’t publicly commented about Mr. Pompeo’s remarks.

In 2023, amid speculation that he would make a run for the White House, Mr. Pompeo took a swipe at his former boss, telling Fox News at the time that “the Trump administration spent $6 trillion more than it took in, adding to the deficit.”

“That’s never the right direction for the country,” he said.

In a public appearance last year, Mr. Pompeo also appeared to take a shot at the 45th president by criticizing “celebrity leaders” when urging GOP voters to choose ahead of the 2024 election.

2024 Race

Mr. Pompeo’s interview comes as the former president was named the “presumptive nominee” by the Republican National Committee (RNC) last week after his last major Republican challenger, former South Carolina Gov. Nikki Haley, dropped out of the 2024 race after failing to secure enough delegates. President Trump won 14 out of 15 states on Super Tuesday, with only Vermont—which notably has an open primary—going for Ms. Haley, who served as President Trump’s U.S. ambassador to the United Nations.

On March 8, the RNC held a meeting in Houston during which committee members voted in favor of President Trump’s nomination.

“Congratulations to President Donald J. Trump on his huge primary victory!” the organization said in a statement last week. “I’d also like to congratulate Nikki Haley for running a hard-fought campaign and becoming the first woman to win a Republican presidential contest.”

Earlier this year, the former president criticized the idea of being named the presumptive nominee after reports suggested that the RNC would do so before the Super Tuesday contests and while Ms. Haley was still in the race.

Also on March 8, the RNC voted to name Trump-endorsed officials to head the organization. Michael Whatley, a North Carolina Republican, was elected the party’s new national chairman in a vote in Houston, and Lara Trump, the former president’s daughter-in-law, was voted in as co-chair.

“The RNC is going to be the vanguard of a movement that will work tirelessly every single day to elect our nominee, Donald J. Trump, as the 47th President of the United States,” Mr. Whatley told RNC members in a speech after being elected, replacing former chair Ronna McDaniel. Ms. Trump is expected to focus largely on fundraising and media appearances.

President Trump hasn’t signaled whom he would appoint to various federal agencies if he’s reelected in November. He also hasn’t said who his pick for a running mate would be, but has offered several suggestions in recent interviews.

In various interviews, the former president has mentioned Sen. Tim Scott (R-S.C.), Texas Gov. Greg Abbott, Rep. Elise Stefanik (R-N.Y.), Vivek Ramaswamy, Florida Gov. Ron DeSantis, and South Dakota Gov. Kristi Noem, among others.

Tyler Durden Wed, 03/13/2024 - 17:00

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International

Riley Gaines Explains How Women’s Sports Are Rigged To Promote The Trans Agenda

Riley Gaines Explains How Women’s Sports Are Rigged To Promote The Trans Agenda

Is there a light forming when it comes to the long, dark and…

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Riley Gaines Explains How Women's Sports Are Rigged To Promote The Trans Agenda

Is there a light forming when it comes to the long, dark and bewildering tunnel of social justice cultism?  Global events have been so frenetic that many people might not remember, but only a couple years ago Big Tech companies and numerous governments were openly aligned in favor of mass censorship.  Not just to prevent the public from investigating the facts surrounding the pandemic farce, but to silence anyone questioning the validity of woke concepts like trans ideology. 

From 2020-2022 was the closest the west has come in a long time to a complete erasure of freedom of speech.  Even today there are still countries and Europe and places like Canada or Australia that are charging forward with draconian speech laws.  The phrase "radical speech" is starting to circulate within pro-censorship circles in reference to any platform where people are allowed to talk critically.  What is radical speech?  Basically, it's any discussion that runs contrary to the beliefs of the political left.

Open hatred of moderate or conservative ideals is perfectly acceptable, but don't ever shine a negative light on woke activism, or you might be a terrorist.

Riley Gaines has experienced this double standard first hand.  She was even assaulted and taken hostage at an event in 2023 at San Francisco State University when leftists protester tried to trap her in a room and demanded she "pay them to let her go."  Campus police allegedly witnessed the incident but charges were never filed and surveillance footage from the college was never released.  

It's probably the last thing a champion female swimmer ever expects, but her head-on collision with the trans movement and the institutional conspiracy to push it on the public forced her to become a counter-culture voice of reason rather than just an athlete.

For years the independent media argued that no matter how much we expose the insanity of men posing as women to compete and dominate women's sports, nothing will really change until the real female athletes speak up and fight back.  Riley Gaines and those like her represent that necessary rebellion and a desperately needed return to common sense and reason.

In a recent interview on the Joe Rogan Podcast, Gaines related some interesting information on the inner workings of the NCAA and the subversive schemes surrounding trans athletes.  Not only were women participants essentially strong-armed by colleges and officials into quietly going along with the program, there was also a concerted propaganda effort.  Competition ceremonies were rigged as vehicles for promoting trans athletes over everyone else. 

The bottom line?  The competitions didn't matter.  The real women and their achievements didn't matter.  The only thing that mattered to officials were the photo ops; dudes pretending to be chicks posing with awards for the gushing corporate media.  The agenda took precedence.

Lia Thomas, formerly known as William Thomas, was more than an activist invading female sports, he was also apparently a science project fostered and protected by the athletic establishment.  It's important to understand that the political left does not care about female athletes.  They do not care about women's sports.  They don't care about the integrity of the environments they co-opt.  Their only goal is to identify viable platforms with social impact and take control of them.  Women's sports are seen as a vehicle for public indoctrination, nothing more.

The reasons why they covet women's sports are varied, but a primary motive is the desire to assert the fallacy that men and women are "the same" psychologically as well as physically.  They want the deconstruction of biological sex and identity as nothing more than "social constructs" subject to personal preference.  If they can destroy what it means to be a man or a woman, they can destroy the very foundations of relationships, families and even procreation.  

For now it seems as though the trans agenda is hitting a wall with much of the public aware of it and less afraid to criticize it.  Social media companies might be able to silence some people, but they can't silence everyone.  However, there is still a significant threat as the movement continues to target children through the public education system and women's sports are not out of the woods yet.   

The ultimate solution is for women athletes around the world to organize and widely refuse to participate in any competitions in which biological men are allowed.  The only way to save women's sports is for women to be willing to end them, at least until institutions that put doctrine ahead of logic are made irrelevant.          

Tyler Durden Wed, 03/13/2024 - 17:20

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Part 1: Current State of the Housing Market; Overview for mid-March 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024
A brief excerpt: This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to star…

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Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024

A brief excerpt:
This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to start with inventory, since inventory usually tells the tale!
...
Here is a graph of new listing from Realtor.com’s February 2024 Monthly Housing Market Trends Report showing new listings were up 11.3% year-over-year in February. This is still well below pre-pandemic levels. From Realtor.com:

However, providing a boost to overall inventory, sellers turned out in higher numbers this February as newly listed homes were 11.3% above last year’s levels. This marked the fourth month of increasing listing activity after a 17-month streak of decline.
Note the seasonality for new listings. December and January are seasonally the weakest months of the year for new listings, followed by February and November. New listings will be up year-over-year in 2024, but we will have to wait for the March and April data to see how close new listings are to normal levels.

There are always people that need to sell due to the so-called 3 D’s: Death, Divorce, and Disease. Also, in certain times, some homeowners will need to sell due to unemployment or excessive debt (neither is much of an issue right now).

And there are homeowners who want to sell for a number of reasons: upsizing (more babies), downsizing, moving for a new job, or moving to a nicer home or location (move-up buyers). It is some of the “want to sell” group that has been locked in with the golden handcuffs over the last couple of years, since it is financially difficult to move when your current mortgage rate is around 3%, and your new mortgage rate will be in the 6 1/2% to 7% range.

But time is a factor for this “want to sell” group, and eventually some of them will take the plunge. That is probably why we are seeing more new listings now.
There is much more in the article.

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