PPG Has Come Roaring Back to New Highs A real company with real earnings and real growth. Stocks quotes in this article: PPG
The company just posted a 31-cents-a-share earnings beat.
McGarry said that PPG continues making selective acquisitions that make sense. The company has completed six in just the past 18 months. He said many of these acquisitions have better returns than a simple share buyback.
PPG is in a lot of things you wouldn t think about, McGarry said. Their appliance business grew 14% in the past quarter, and sales are up in everything from electronic materials to kitchen bakeware. His company also has a strong military business which accounts for a third of PPG sales.
Marvell Technology Now Displays a Bullish Picture We are no longer standing aside. Stocks quotes in this article: MRVL
For his second Executive Decision segment of
Wednesday the company closed on their acquisition of Inphi. Marvell is currently an Action Alerts PLUS holding.
When asked about the state of the semiconductor market, Murphy confirmed the supply-demand imbalance, noting that the demand for proprietary chips has never been stronger. He said the market continues to be driven by a surge in 5G wireless, cloud migration and strong innovation in the automotive sector.
When we last looked at MRVL on March 23 we wrote that, The $50-$55 area is likely to cap MRVL s upside for now and further declines are possible in the weeks ahead. No change in strategy - continue to avoid the long side of MRVL.
PAR Technology s Correction Is Over So Look to Go Long Let s check the charts and indicators.
In his Executive Decision segment of
Mad Money Wednesday night, Jim Cramer spoke with Savneet Singh, president and CEO of PAR Technology Corp. (PAR) , and Ron Shaich, managing partner at Act III Holdings and former CEO of Panera Bread, which today announced a major investment in PAR.
Shaich explained that for large-scale restaurants, the holy grail is one unified software platform that can manage it all, and that s what PAR Technology has created. PAR s solution replaces point-of-sale systems, delivery systems, customer systems and ordering systems, with everything talking seamlessly to the most important part of the restaurant, the kitchen.
Okta s Charts Still Suggest Watching and Waiting Signs of aggressive buying have not appeared. Stocks quotes in this article: OKTA
For his second Executive Decision segment of
Mad Money Wednesday night, Jim Cramer spoke with Todd McKinnon, chairman and CEO of Okta (OKTA) , the cybersecurity company.
Okta is gearing up for their annual Oktane user conference. This year s Oktane21 will be virtual. McKinnon said that Okta plants introduce new product categories that will increase its total addressable market from $55 billion to $70 billion.
When asked about the recent SolarWinds attack, McKinnon said it just proves the importance of doubling up the protection on privileged accounts. This is especially important in dynamic cloud environments, he said, where servers and other resources are spinning up and shutting down dynamically to respond to demand.
Analysts at Jefferies parted way with their bullish stance on Coach Inc (NYSE: COH) as there are few catalysts left to support the stock. The firm s Randal Konik downgraded Coach s stock rating from Buy to Hold with a price target lowered from $53 to $45, which implies downside to the stock. Read More.