Joel Elconin - Spark Newswire

2 minute read

PreMarket Prep Plus: Cybersecurity Stocks In Focus During Ukraine Conflict

Today, 11:45 PM

From his position as head of the Benzinga Pro newsdesk, Brent Slava is at the center of the news and uses his unique perspective to generate trading and investment ideas for Benzinga readers.

BUG

2 minute read

PreMarket Prep Stock Of The Day: PayPal

By Joel Elconin

Today, 11:45 PM

The seismic shift in consumer sentiment in the last 48 hours has investors showing interest in the beaten-down growth technology sector. One of the poster children for this group is PayPal Holdings Inc. (NASDAQ: PYPL), which is the PreMarket Prep Stock of the Day.

EBAY

2 minute read

PreMarket Prep Stock Of The Day: Palo Alto Networks

By Joel Elconin

Today, 11:45 PM

With the chaos in Thursday’s markets instigated by Russia’s invasion of Ukraine, investors are still hunting for bargains in the technology sector. Back in the 1990s, the darling of the tech sector was storage and networking issues. In the 2020s, it may be cybersecurity issues moving into the role.

PANW

2 minute read

Why Wedbush’s Peter Winter Says Fed Will Gradually Increase Rates, And What It Means For Bank Stocks

By Joel Elconin

Today, 11:45 PM

The sentiment is building for a half basis point hike by the Federal Reserve in March. However, Peter Winter, who covers regional banks at Wedbush Securities, is not so convinced.

CFG

2 minute read

PreMarket Prep Stock Of The Day: Home Depot

By Joel Elconin

Today, 11:45 PM

In this turbulent macroeconomic environment, not much else really matters. So much so that a good earnings report from Home Depot Inc. (NYSE: HD) really does not matter to investors.

2 minute read

PreMarket Prep Stock Of The Day: Roku

By Joel Elconin

Today, 11:45 PM

In the current market environment, it's hard to be bullish on a growth technology stock, especially when it gets clobbered after its earnings report.

NFLX

2 minute read

PreMarket Prep Stock Of The Day: Fastly

By Joel Elconin

Today, 11:45 PM

Earnings disasters in the growth technology sector are still coming in. The latest victim is Fastly Inc. (NYSE: FSLY), which is getting hammered in Thursday’s session following its fourth-quarter earnings report that was accompanied by lower guidance.

FSLY

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PreMarket Prep: Wedbush’s Michael Pachter On The Microsoft-Activision Deal And Risk Arbitrage

By Joel Elconin

Today, 11:45 PM

There are several different ways investors make money in the financial markets. One way that is not found as often in the daily headlines is risk/merger arbitrage.

ATVI

2 minute read

PreMarket Prep: Sean Udall Talks Affirm Holdings Fundamentals As Stock Spirals Down

By Joel Elconin

Today, 11:45 PM

With the insane price action in Affirm Holdings Inc (NASDAQ: AFRM) over the last few days, investors could be distracted from the actual fundamentals of the company.

AFRM

2 minute read

PreMarket Prep Stock Of The Day: Bank Of America

By Joel Elconin

Today, 11:45 PM

While the S&P 500 index futures were retreating off Tuesday’s open, one sector was going in the opposite direction: banking. One issue that has revisited its multiyear highs is Bank of America Corp (NYSE: BAC), the PreMarket Prep Stock of the Day.

BAC