Why NetApp Stock Was Trouncing the Market on Thursday

Never underestimate the power of a good quarter to move a company’s stock in the right direction. This dynamic was apparent with NetApp (NASDAQ:NTAP) on Thursday, as its shares were trading more than 4% higher in late-afternoon action following the publication of its first-quarter 2022 figures.

So what

For the quarter, NetApp booked revenue of $1.46 billion, a 12% improvement year over year. Total billings saw a steeper rise (20%) across that stretch, to $1.38 billion. On an adjusted basis, net profit soared 61% to $263 million, or $1.15 per share.

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Top 5 Penny Stocks For 2023

The S&P 500 and the Dow Jones Industrial Average are trading near all-time highs. Interestingly, this is despite September’s and October’s reputation for being tough on the markets. Most stock market crashes have occurred during October. With a potential widespread correction looming, investors are taking a chance on penny stocks.

Fears of inflation are running high. Then, there is the increasing tension between the U.S. and China. And to add fuel to the fire, we have the recent turmoil in Afghanistan. Understandably, an investor might be squeamish about adding new stocks....More>>>

3 Healthcare Stocks That Might Skyrocket When COVID Is Over

There’s a bifurcation in healthcare: the companies that are fighting COVID-19, and the companies that are not. Many of the stocks of the former have zoomed higher. But others have seen delays in their business, and COVID-19 has hurt these stocks. Some of these companies are real bargains now. 

Three Fool.com contributors like pulmonary specialist Pulmonx (NASDAQ:LUNG), Vertex Pharmaceuticals (NASDAQ:VRTX), and Axsome Therapeutics (NASDAQ:AXSM). Read on to see why these three stocks might crush the market over the next few years.

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Buy or Sell Apple Stock Ahead of iPhone Event?

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Shares of Apple  (AAPL) – Get Apple Inc. (AAPL) Report fell $5.10, or 3.31%, to end at $148.97 Friday, as investors digested recent news and prepared for the iPhone event next week.

On Sept. 14, the company will hold a virtual event to introduce the new device. Dubbed “California Streaming,” it’s expected that Apple will introduce its new iPhone and Apple Watch.

However, Apple remains in the news for other reasons, too.

After hitting new highs earlier this week, the stock declined Friday after news of a court ruling in....More>>>

Combat the Choppy Market With These 5 Low-Beta Stocks

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Impressive pace of earnings growth has made many analysts optimistic about companies’ stock price performance. Despite this, markets are getting volatile on anticipation of rapid spread of the deadly variants of coronavirus and its impact on global economies.

Hence, creating a portfolio of low-beta stocks is of utmost importance since the securities will not only deliver healthy returns but also provide a shield against choppy market conditions.

Beta Understanding

Beta measures the volatility or risk of a particular asset in comparison to the market. In other....More>>>