Shares of data protection software company Commvault (NASDAQ:CVLT) jumped 1.8% in the afternoon session after Piper Sandler upgraded the company's stock to Overweight from Neutral and increased its price target.
A number of stocks fell in the afternoon session after President Trump threatened to increase import taxes on Chinese goods, reigniting trade war fears.
Shares of data protection software company Commvault (NASDAQ:CVLT) jumped 5.6% in the afternoon session after Truist Securities initiated coverage on the data protection company's stock with a 'Buy' rating and set a price target of $230. The research firm noted Commvault's strong position to benefit from the growing importance of data security, viewing it as a critical part of cybersecurity amid increasing ransomware attacks. The price target suggested significant upside from its previous trading price.
The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on.
However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
A number of stocks fell in the afternoon session after markets pulled back as a report raised concerns about artificial intelligence demand and profitability.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Commvault trades at $192.75 and has moved in lockstep with the market. Its shares have returned 13.9% over the last six months while the S&P 500 has gained 15.5%.
Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments.
Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
A number of stocks jumped in the afternoon session after investors scooped up equities, shaking off the initial concerns inferred from the Fed's dot plot, with tech stocks leading the charge.
Each stock in this article is trading near its 52-week high.
These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions.
A number of stocks fell in the afternoon session after markets pulled back, reversing early gains, as investor sentiment remained cautious despite a softer-than-expected inflation reading.
Looking back on data storage stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Commvault (NASDAQ:CVLT) and its peers.
Commvault Systems (CVLT) is a strong growth stock with accelerating earnings, high profitability, and a debt-free balance sheet. It's currently showing a positive technical breakout setup.
Shares of data protection software company Commvault (NASDAQ:CVLT) fell 5.5% in the afternoon session after the company announced its intention to offer $750 million in Convertible Senior Notes due 2030.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
A number of stocks fell in the morning session after a hotter-than-expected wholesale inflation report revived concerns about persistent inflation and tempered hopes for a Federal Reserve interest rate cut.
Combining fundamental and technical analysis, COMMVAULT SYSTEMS INC (CVLT) shows strong growth, profitability, and a bullish breakout pattern, making it a promising stock pick.
