Stocks On My Screen For Week Starting September 28th, 2020

Every week, our model comes up with 40 stocks, 20 positive and 20 negatives, to watch for next week’s trading. The model is based on a mix of fundamental and quantitative factors, built on our proprietary database of detailed earnings model on more than 1250 U.S. listed companies. The historical data for these earnings models is sourced from SEC filings. Performance of last week’s model portfolio for the week was, Net: -1.6% Longs: -3.7% Shorts:  2.1% Assuming 5% is dedicated to each position, resulting in 0% net exposure and no…

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Agora Can Challenge Twilio

Agora Inc. (Nasdaq: API) is leading the market for video chat APIs (application programming interface), one of fastest-growing markets for APIs, similar to what Twilio Inc. (NYSE: TWLO) was able to do for the broader digital communication API ecosystem, a few years ago. The market is moving towards embedded video functionality and the company’s tech is future-ready with adoption rates gaining pace. Most forward indicators are pointing towards the company getting accepted as a leader in the video chat API space. In the meantime, the business is profitability proven with…

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Both At Risk, But Ping May Disappoint Before Okta

An interesting thing about any Bull market is that all a business needs is just a good elevator pitch story that can be backed by some macro shift underway and a stock of a somewhat related business that is performing well, and voila you have a hot stock. Ping Identity (Nasdaq: PING) and Okta Inc. (Nasdaq: OKTA) are perfect examples. Both companies are enjoying the market’s newfound enthusiasm about remote access management technology in its new avatar as Identity As A Service, Cloud-based service of managing employee access and identity.…

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