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Technology Stocks
Cloud Stocks: BlackLine Remains Focused on SAP Integration
Cloud-based financial software provider BlackLine (Nasaq: BL) recently announced its fourth quarter results that continued to surpass market expectations on all counts. Its earnings outlook was, however, a bit disappointing. But that has not slowed down the stock’s growth.
>>>Cloud Stocks: HubSpot Believes in the Importance of PaaS
Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its fourth quarter results. The quarter’s performance outpaced market expectations.
>>>Pluralsight B2B Billings Slow Down
According to recent Research and Markets report, the global e-learning market is expected to grow to $325 billion by the year 2025. Cedar Valley, Utah-based Pluralsight (Nasdaq: PS) is an e-learning player that recently reported its fourth quarter results that surpassed market expectations.
>>>Cloud Stocks: Shopify Soars on Improved Merchant Offerings
Ontario-based Shopify (NYSE:SHOP) continues to have a strong run. The company recently announced its fourth quarter results that shattered market expectations and sent the stock soaring to record high levels.
>>>Bill.com has a Super IPO
According to IDC, small and mid-sized businesses (SMBs) are expected to spend approximately $65 billion in 2019 on software in the U.S. Bill.com, which recently went public, is a leading cloud-based financial software provider for back-office financial processes at SMBs. In its first quarter since going public in December, the company looks impressive.
>>>Cloud Stocks: Qualys Counts on Google and Microsoft for Growth
Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its fourth-quarter results that failed to particularly impress the market. But the company is focusing on attracting the market through its product upgrades and tie-ups with the tech giants.
>>>Cloud Stocks: RingCentral’s Powerful Partner Strategy Would Augment with PaaS
Cloud-based communication services provider RingCentral (NYSE:RNG), which is one of our Top 20 Cloud Stocks for 2020, reported its fourth quarter results this week that blew past all market expectations, and its stock has soared to a record high post the announcement.
>>>Cloud Stocks: Proofpoint Targets Insider Threats Through Acquisition
According to IDC, the global cyber security market grew 9% to $103.1 billion in 2019 and is expected to grow at 9% CAGR to reach $133.8 billion by 2022. Recently, San Francisco-based Proofpoint (Nasdaq: PFPT) announced its fourth quarter results that surpassed market expectations.
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