Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × KR Choksey's research report on Mindtree Dollar Revenue was up 4.7% QoQ to USD 366mn (KRChoksey est. USD 339mn). Rupee revenue grew by 6.3% QoQ to INR 27,500mn (KRChoksey est. INR 27,674Mn). Reported operating margin expanded by 107bps to 19.2% QoQ aided by operational efficiencies (+60bps QoQ), and FX tailwind (+40bps) and seem sustainable at this level supported by sustained revenue growth momentum, benefits accruing from the WFH shift, flattening employee pyramid and the offshore shift. The growth in the quarter for Mindtree was broad based and across geographies served, backed by rising appetite for digitization among clients, who seek business innovation for revenue maximization and other strategic outcomes. Deal TCV was at USD 358mn. Since the takeover by L&T, MTCL claims that it … [Read more...] about Buy Mindtree; target of Rs 5263 : KR Choksey
4 stocks to buy
The beating that life science stocks have taken lately is enough to make most investors think twice before risking another hard-earned dollar in this topsy-turvey corner of the stock market. If you can detach your emotions from your math skills, though, you know that there's no better time to buy. Veeva Systems ( NYSE:VEEV ) , Twist Bioscience ( NASDAQ:TWST ) , and Teladoc Health ( NYSE:TDOC ) are all leaders in their respective niches and likely to remain so. Here's why you want to take advantage of their new bargain prices as soon as possible. Image source: Getty Images. Veeva Systems Shares of Veeva Systems peaked last summer, but the company has been under pressure along with a lot of other high-growth tech stocks. Now that it's fallen 34% from its high-water mark, Veeva looks like a terrific bargain. Veeva Systems has been falling in sympathy with other companies that market cloud-based software as a service ( SaaS ). While potentially higher … [Read more...] about 3 Beaten-Down Life Science Stocks to Buy at a Discount
Cannabis stocks aren't typically high on my list of go-to durable wealth creators -- except when it comes to Innovative Industrial Properties ( NYSE:IIPR ) . Between its highly repeatable business model, persistently rising cash flows, and valuable service it provides for the cannabis industry, Innovative Industrial Properties (IIP) is a great option to increase your chances of retiring as a millionaire. But that doesn't mean it's a ticket to get rich quickly nor is this company risk-free. Let's analyze how IIP makes money and why it might be a good fit for your portfolio. Image source: Getty Images. Landlords collect rents, and rents (eventually) make millionaires IIP is a highly specialized landlord for companies in the cannabis industry, but it isn't exactly a typical commercial property shop. Like all businesses, cannabis companies need liquid capital to finance their projects and grow. But because cannabis isn't federally legalized in the U.S., marijuana … [Read more...] about Could Innovative Industrial Properties Stock Help You Retire a Millionaire?
Ad tech firm PubMatic ( NASDAQ:PUBM ) has seen its revenue rise consistently for the past four years. Even so, PubMatic shares are trading around $25 at the time of this writing, far below their 52-week high of $76.96. A key factor impacting the stock price is the sea change happening in the digital advertising industry. Apple and Alphabet 's Google control massive consumer ecosystems, and are in the midst of transitioning from traditional approaches used to target digital ads to consumers in the name of privacy protection. Fears of declining revenue from these changes, combined with the specters of the omicron variant and inflation, helped drive down PubMatic stock. This creates a buy opportunity for those willing to hold on to PubMatic shares for the long term. Here are factors that make PubMatic a good investment in spite of the seismic shifts in digital advertising. Image source: Getty Images. Well-positioned in the ad industry PubMatic sits in an … [Read more...] about 3 Reasons Why PubMatic Stock Is a Buy
Dividends may not be the only path for an individual investor's success, but if there's a better one, I have yet to find it. -- Josh Peters As Mr. Peters suggested, there can certainly be other routes to riches, but there's a strong case to be made for getting there via dividend-paying stocks. Here are five reasons to consider keeping some -- or much -- of your portfolio in dividend payers. Image source: Getty Images. 1. Solid, dependable companies If you stick with dividend payers, you're more likely to be investing in solid, dependable companies. That's because a company isn't likely to initiate a regular dividend unless its management is fairly certain that it will be able to pay it regularly. Companies facing challenging times may indeed reduce, suspend, or eliminate dividend payouts, but they will try hard to avoid that, as it looks bad and displeases investors. Thus, it's generally more mature companies that offer dividends -- companies that have excess cash to … [Read more...] about 5 Reasons to Invest in Dividend Stocks for Retirement
Kudos to Netflix ( NASDAQ:NFLX ) for launching one industry that's completely rattled another. eMarketer estimates the U.S. cable business has contracted from its peak of more than 100 million paying households in 2013 to a little more than 70 million now, en route to less than 64 million paying customers projected in just a couple of years. Netflix and other premium streaming services like Walt Disney 's ( NYSE:DIS ) Hulu and Disney+ have provided consumers with the long-awaited alternative to increasingly expensive cable. However, if you think the next 10 years of change within the television entertainment arena are going to look like the last 10, think again. Now Netflix and Disney+ have fresh competition from conventional cable content creator ViacomCBS ( NASDAQ:VIAC ) ( NASDAQ:VIAC.A ) , which is making a point of handling its streaming business in a completely different way. Image source: Getty Images. That's ViacomCBS? Yes, ViacomCBS is a … [Read more...] about Buy This Overlooked Stock Now to Benefit From The 2022 Streaming Video Disruption
What happened Shares of electric heavy-truck start-up Nikola ( NASDAQ:NKLA ) were trading higher on Tuesday, after the company announced that Covenant Logistics Group ( NASDAQ:CVLG ) has signed a letter of intent to buy 50 of Nikola's electric semi trucks, if a test program goes well. As of 11:15 a.m. ET today, Nikola's shares were up about 5.1% from Monday's closing price. So what Nikola said that Covenant Logistics, a long-haul trucking firm based in Chattanooga, Tennessee, has agreed to purchase 10 battery-electric (BEV) Tre semis, and 40 fuel-cell-powered (FCEV) Tres, once a demonstration program has been completed to both companies' satisfaction. Covenant Logistics has signaled its intent to buy 50 Nikola Tre electric semis, once a demonstration program has been completed successfully. Image source: Nikola. Nikola said that it will deliver a BEV Tre and a mobile charging trailer to Covenant for testing in the second quarter. A FCEV Tre will follow next … [Read more...] about Why Nikola Stock Is Moving Higher Today
What happened Shares of electric-heavy-truck maker Nikola ( NASDAQ:NKLA ) opened higher on Thursday, after the company announced that its Tre battery-electric semi is now eligible for some significant incentives in California. As of 10:15 a.m. ET, Nikola's shares were up about 6.7% from Wednesday's closing price, and up about 12.9% since the start of 2022. So what Nikola said the state of California has made its battery-electric Tre semi eligible for significant incentives under a program intended to promote the adoption of zero-emission trucks and buses in the state. The incentive program, administered by the California Air Resources Board, aims to help new-tech trucks and buses achieve rough price parity with existing diesel-powered vehicles. California buyers of Nikola's Tre electric semi are now eligible for some hefty incentives from the state. Image source: Nikola. It's real money, too: Buyers of Nikola's trucks in California can now qualify for $120,000 in … [Read more...] about Why Nikola Stock Is Up Again Today
The recent surge in COVID-19 cases caused by the new and more contagious omicron variant of the coronavirus has taught us at least one thing: There's still a dire need for effective vaccines against this potentially deadly disease. Here's why this matters for investors. Several companies are still looking to enter the coronavirus vaccine market, even though Pfizer and Moderna currently dominate it. One biotech that is slowly advancing a coronavirus vaccine candidate is Vaxart ( NASDAQ:VXRT ) . The San Francisco, CA-based company has significantly lagged the market in the past year, but could its lofty ambitions help it reverse course? YCharts . The appeal of Vaxart's vaccine Vaxart is just one of the many companies looking to grab a small slice of the multibillion-dollar coronavirus vaccine market. However, it has a potential advantage over its peers. Vaxart's candidate is an oral vaccine, a factor that confers multiple perks. First, oral tablets can be stored at … [Read more...] about Is This Vaccine Stock a Buy?
Futu Holdings ( NASDAQ:FUTU ) has been on a remarkable run since late December, with its stock price up 350% from the end of December to its high on Monday morning, far outperforming the financial sector and the broader market. The fintech company has shown very strong growth in its most recent quarterly earnings reports. Given the incredible strength of the stock and the growth in income and assets, Futu seems like a clear buy -- but investors have reason to be cautious about this growth stock . The good: Impressive growth Futu provides online brokerage and wealth management services to clients to trade in stocks, warrants, options, and exchange-traded funds (ETFs) in Hong Kong and China. The company has benefited from an IPO boom in the country, a boost to Chinese stocks in general -- which have moved dramatically higher in recent months. Image source: Getty Images. Futu showed incredible growth in 2020. In the most recent earnings announcement (for the third … [Read more...] about Why You Should Be Cautious About This Growth Stock Despite Its Huge Rally