Accenture plc is the global leader in professional services. It partners with more than 3/4 of the companies in the Fortune 500 and serves 92 of the top 100. Through its five segments – Strategy, Consulting, Digital, Technology and Operations – Accenture covers the whole spectrum of business services expertise. However, despite its leading position,…
NVR Stock Vulnerable to a 50% Elliott Wave Correction
NVR Inc. constructs and sells single-family detached homes, townhomes and condominium buildings. NVR stock is up by ~1100% since March 2009, climbing from $310 to roughly $3700 a share. Not bad for a company operating in one of the hardest hit sectors during the Financial Crisis. However, NVR stock lost 67% between July 2005 and…
Ulta Beauty No Longer a Wall Street Darling
Ulta Beauty ‘s phenomenal uptrend started from $4.11 in March 2009 and did not stop until $368.83 in mid-July 2019. The company’s market value grew by almost 8900% in just ten years, easily earning Ulta a Wall Street darling status. Unfortunately, Wall Street likes fast-growers only as long as they keep growing. Ulta Beauty reduced…
Is Oil States Stock Finally Ready for a Rebound?
The last time we wrote about this relatively unknown oil services provider was over two years ago, in August 2017. Oil States stock was trading near $21.50 a share following a decline from almost $42. Yet, with the help of the Elliott Wave principle, we concluded the price can get cut in half again “to…
Can this Elliott Wave Setup Cut Seek Stock in Half?
Seek Limited operates online platforms where jobseekers can find employment opportunities. The company is based in Australia, but also conducts business in China, India, New Zealand and Brazil, among others. Seek stock is traded on the Australian Stock Exchange under the symbol SEK. Seek stock lost over 78% during the 2007-2009 global crash, but has…
Realty Income Pattern Sets the Stage for a 40% Drop
Realty Income Corp. is a REIT dedicated to delivering dependable monthly dividends to investors. The company owns over 5900 real estate properties and has a market value of roughly $23.5 billion. Adjusted for splits, it went public in 1994 at $8 and reached an all-time high of $76.73 two days ago. Not counting the dividends,…
Walgreens Stock Can Add Roughly 30%
On December 4th, 2018, Walgreens stock was trading north of $86.30 a share. Yesterday, it closed at $51.43 for a total loss of 40.4% in nine months. Nine months in which the general stock market has been rallying. Walgreens Boots Alliance is a pharmacy retailer with over 18 500 stores in 11 countries. Walgreens is…
Rapid7 Stock is Prone to Decline… Maybe Rapidly
Rapid7 stock appreciated by over 630% between February 2016 and July 2019. The price climbed from $9.05 to $66.01 in less than four years on the back of strong secular growth in the cyber security industry. However, Rapid7 hasn’t been able to capitalize on the vast opportunities in the space. The company posted annual losses…
Can Facebook ‘s Antitrust Concerns Fulfill this Setup?
This article was originally published on June 13th, 2019. It was updated on August 7th, 2019. Facebook ‘s privacy policies are under the microscope once again. Personal e-mails uncovered during an FTC investigation reveal Mark Zuckerberg knew of the company’s problematic privacy practices. Escalating antitrust concerns are not helping the bulls’ cause, either. Facebook stock still hasn’t been able to fully…
Pandora ‘s Jewelry Hasn’t Lost Its Shine
According to Pandora A/S’ 2017 annual report, the Copenhagen-based company is the “leader in the affordable jewelry segment and the largest producer of jewelry worldwide in terms of pieces crafted.” That leading position paired with double digit average earnings growth in recent years convinced many investors the company was a one-way ticket to riches. So, they…
Brookfield Partners and the Risk Climb in Tandem
Brookfield Infrastructure Partners L.P. operates cash flow-generative assets in the fields of transportation, energy, utilities and communications. The company went public in January 2008, just in time for the Financial Crisis. By March 2009, the stock was down over 67% from its IPO price to as low as $4.77. Over 10 years later today, BIP…
MSCI Stock – Great Business, but a Bad Investment
MSCI stock was barely holding above $11 a share in November 2008. Earlier this month it reached an all-time high of $247.57. This 2140% return in less than 11 years, not counting the dividends, makes MSCI one of this bull market’s best performers. Anyone who had the insight to buy MSCI stock during the past…
iRobot Stock Can Fall Much Lower This Time
iRobot Corporation really does manufacture robots, but don’t picture them anything like in an Isaac Asimov book. Founded in 1990, the company makes robot vacuum cleaners, mops and pool cleaners. It has a market cap of roughly $2.5 billion, down from ~$3.8B in March. Since the bottom of the Financial Crisis in 2009, iRobot stock…
ROKU Is the Very Definition of a Bubble Stock
Roku Inc. is a TV streaming platform operator with over 27 million active accounts as of the end of 2018. The company held it IPO in September 2017 and is approaching its second birthday as a public company. Unfortunately, Roku has been a money-losing company for years. Yet, it has a market cap of over…
GTX Stock May Recover, but Remains Under Pressure
With a market cap of just over $1B, Garrett Motion Inc. is still considered a small company. Founded less than two years ago in Rolle, Switzerland, the company provides electric-boosting technologies for light and commercial vehicle manufacturers. In September 2018, GTX stock started trading on the NYSE. It was hovering in the vicinity of $20…
