PHOENIX, January 7, 2015 /PRNewswire/ — EarningForecast.com has issued earnings forecast research with special focus on financial performance of the following stocks: Apple (NASDAQ:AAPL), Alibaba (NYSE:BABA), Twitter (NYSE:TWTR), Gilead Sciences (NASDAQ:GILD), Michael Kors (NYSE:KORS), and Tesla (NASDAQ:TSLA).
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Apple Inc. (NASDAQ:AAPL): The share of Apple (NASDAQ:AAPL) began the trading session with a price of US$106.54. When day-trade ended, the stock price earned 0.01% to US$106.26 by the end of last trading session with 65.80 million shares exchanging hands, compared to daily average volume of 49.13 million. Energy stocks have led the market lower during last week, but Apple Inc. — the largest stock by market cap — isn’t offering any support. The tech titan’s stock was trying to snap a five-session skid on Tuesday, and it’s down more than 10% from a November peak. The stock is slumping further below its 50-day moving average, a chart level that some technical analysts watch. The industry of Electronic Equipment dropped about 0.10%, the competitor BlackBerry Limited lost about 1.30% to the price of US$10.62. Do you think Apple will go on? Do you think now is a good time to buy the stock? Investors could check AAPL earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/010715A/AAPL/Apple.pdf
Alibaba Group Holding Ltd (NYSE:BABA): The share of Alibaba (NYSE:BABA) began the trading session with a price of US$101.25. When day-trade ended, the stock price rose 2.30% to US$103.32 by the end of last trading session with 15.72 million shares exchanging hands, compared to daily average volume of 17.14 million. Alibaba Group has reported stellar numbers in its past few quarters. In its latest quarterly filing (2QFY15; ended September 30), Alibaba reported a growth of around 50% in both the gross merchandise volume (GMV) at its retail marketplaces and its revenues. Earnings are expected to be announced early next month. The industry of Specialty Retail, Other slid about 0.85%, the competitor eBay Inc. dropped about 1.28% to the price of US$55.02. Do you think Alibaba will go on? Do you think now is a good time to buy the stock? Investors could check BABA earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/010715A/BABA/Alibaba.pdf
Twitter Inc (NYSE:TWTR): The share of Twitter (NYSE:TWTR) began the trading session with a price of US$36.27. When day-trade ended, the stock price soared 6.54% to US$38.76 by the end of last trading session with 33.05 million shares exchanging hands, compared to daily average volume of 16.19 million. The former Yahoo CEO Ross Levinsohn said Twitter should buy Yahoo. There are several discussions during his time at Yahoo! about how to integrate Yahoo’s media business with Twitter’s real-time media business. Despite currently having a low debt-to-equity ratio of 0.43, it is higher than that of the industry average, inferring that management of debt levels may need to be evaluated further. Even though the debt-to-equity ratio shows mixed results, the company’s quick ratio of 8.98 is very high and demonstrates very strong liquidity. The industry of Internet Information Providers earned about 0.43%, the competitor LinkedIn lost about 3.52% to the price of US$219.51. Do you think Twitter will go on? Do you think now is a good time to buy the stock? Investors could check TWTR earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/010715A/TWTR/Twitter.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Gilead Sciences, Inc. (NASDAQ:GILD):
Read Full Report: http://www.earningforecast.com/PR/010715A/GILD/GileadSciences.pdf
Michael Kors Holdings Ltd (NYSE:KORS):
Read Full Report: http://www.earningforecast.com/PR/010715A/KORS/MichaelKors.pdf
Tesla Motors Inc (NASDAQ:TSLA):
Read Full Report: http://www.earningforecast.com/PR/010715A/TSLA/Tesla.pdf
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