The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Each week I try to identify a key theme that defined the movement in stock prices over the past 5 days. But unlike many investors, my searching isn't based on news, it's based on price.The charts tell the tale, if investors are keen to listen. This week's exercise revealed clear rotation going on beneath the market's surface, and directed me to these top trades for your consideration.The first part of the shift was money flowing out of leaders and into laggards. Large-caps have long been leading the market recovery, while small-caps have lagged.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut not this week! The switcheroo saw little guys pick up the torch and lead their bigger brethren to victory. As of Thursday's close, the S&P 500 was only up 3% but the iShares Russell 2000 ETF (NYSEARCA:IWM), which represents small-caps, was up 7.3%.The second shift is partially related to the first. Stocks benefiting from the novel coronavirus saw profit-taking while economically sensitive equities (like small-caps) surged. That's a welcome development that points to risk appetite continuing its return. * 7 Excellent Penny Stocks Ready to Roar Here's the silver lining. If you've been waiting for a dip before buying companies outperforming during the Covid-19 crisis, then here's your chance. These three stocks have attractive setups that make them top trades for the week: * Netflix (NASDAQ:NFLX) * Citrix Systems (NASDAQ:CTXS) * Newmont Mining(NYSE:NEM)Let's take a closer look at their respective pullbacks and build trades to profit. 3 Top Trades for the Week Ahead: Netflix (NFLX)Source: The thinkorswim® platform from TD Ameritrade Netflix is the type of no-brainer stock that should leave investors who didn't buy during the March crash kicking themselves. NFLX was bound to do well during a time when content-hungry consumers were ordered to stay home.Netflix was one of the first stocks to recover and has since gone on to record highs. This week's rotation saw profit-taking strike the streaming king even as the rest of the market rallied.The pullback tested the rising 20-day moving average and held on Thursday. But even if the stock dips further, I think you have to view the weakness as a golden opportunity to get in on one of the top trades in the market at lower prices. Since it's always wise to have a plan in case you're wrong, I suggest watching $400 or the 50-day moving average as your line in the sand. If we push below that, then I'd change my bullish tune.Its higher price tag makes NFLX stock a great candidate for bull put spreads. We can create a wide profit zone in case the retreat continues before buyers emerge.The Trade: Sell the June $395/$300 bull put spread for around 90 cents. Citrix Systems (CTXS)Source: The thinkorswim® platform from TD Ameritrade Citrix Systems has been among those tech stocks seriously benefiting from the work from home trend. Its share price was up 40% year-to-date before the recent drop.This week's selling did inflict damage to the overall trend by jamming shares below the 50-day moving average. It's the deepest retreat we've seen in CTXS since March, so I suspect some would-be buyers are hesitant.The reason I don't mind putting money to work here is twofold. First, we can wait for the stock to return above the 50-day before pulling the trigger. That will invalidate the breakdown and return CTXS stock to a healthy status.Second, the underlying themes driving CTXS haven't changed this week. And that makes me believe this is a simple correction, rather than the beginning of a trend-ending sell-off. We can deploy a strategy that gives the stock some room to flounder and still profit. * 7 Excellent Penny Stocks Ready to Roar The Trade: Sell the June $125/$120 bull put spread for 70 cents. CTXS options aren't that liquid, so you must use limit orders. Newmont Mining (NEM)Source: The thinkorswim® platform from TD Ameritrade Gold and gold stocks have been on fire this year. Economic upheaval and the printing of trillions of dollars is breathing new life into the bullish thesis for owning precious metal related products. And the Vaneck Vectors Gold Miners ETF (NYSEARCA:GDX) has more than doubled from March lows.As one of the largest players in the space, Newmont Mining has been riding the rising tide. It even came within a whisper of all-time highs, which is incredible given that the sector fund (GDX) is still 50% off its peak.NEM stock's leadership makes it a top trade pick if you're looking for exposure to the yellow metal. Buying an outperforming stock in an outperforming sector means you're betting on the strongest possible candidate.This week's rotation saw profit-taking strike and is creating a classic buy-the-dip opportunity. Every pullback this year has been a great chance to buy, and I see no reason why we should view this one differently. If you want to increase your odds of success, I like selling naked puts. You're essentially getting paid for your willingness to acquire the stock.The Trade: Sell the June $60 put for around $1.45.For a free trial to the best trading community on the planet and Tyler's current home, click here! As of this writing, Tyler didn't hold positions in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 3 Top Trades As We Head Into the Last Week of May appeared first on InvestorPlace.
NASDAQ Adds Another 1% as Stocks Finish Positive Again
One caller asked Jim Cramer about Citrix Systems Inc. . "They're consolidating right now but this is a good group," said Cramer about the software company that provides "server, application and desktop virtualization, and cloud computing technologies." In the daily Japanese candlestick chart of CTXS, below, we can see that prices have performed well over the past 12 months.
Providing employees with access to their desktops from remote locations used to be a nice thing to do. Today, it’s a requirement to keep employees productive and businesses operating during the COVID-19 crisis. Faced with shelter in place and work from home mandates, many organizations rushed to arm employees with Virtual Private Network solutions (VPN) that allow them to connect to corporate systems. But such offerings have their limitations. A recent Citrix-OnePoll survey of more than 2,000 US employees who work remote found that VPN-based remote work approaches resulted in "slow performance" and "lack of access to all the apps needed to get work done." And further research has uncovered security and privacy concerns.
There’s a lot of digital noise in the workplace today that makes it hard to focus and get things done. KEMET Electronics Corporation is on a mission to quiet things so that its employees can focus and do their best work. And it is leaning on Citrix Systems, Inc. (NASDAQ:CTXS) to achieve it, leveraging the intelligent capabilities within Citrix Workspace to remove the complexity from work and create a highly personalized experience that enables employees to be their most productive.
The fear of missing out on the coronavirus rally is taking over. And analysts are now scrambling to up price targets on certain S&P; 500 stocks as a result.
As the US economy prepares to re-open, businesses are readying plans to return employees to the office. But as the results of a new survey conducted by OnePoll on behalf of Citrix Systems, Inc. (NASDAQ:CTXS) reveal, a majority of office workers currently working from home due to the coronavirus are reluctant to do so. Despite the relaxing of shelter-in-place orders and increase in safety measures, 64 percent of 2,000 US workers polled say they would not feel comfortable returning to the office for one month or more.
Is (CTXS) Outperforming Other Computer and Technology Stocks This Year?
Remote work has become the new normal. And traditional methods of securing corporate networks no longer cut it. The abrupt and significant increase in the number of employees working from home has expanded the attack surface and threats that companies must guard against. And Citrix Systems, Inc. (NASDAQ: CTXS) and global cybersecurity leader Check Point Software Technologies are teaming help them do it. The companies today announced plans to enable easy deployment and management of additional next-generation firewalls within Citrix SD-WAN to provide companies with extra layers of security to protect their assets at branches and beyond.
The coronavirus pandemic has sent many stocks into freefall, and for good reason -- many companies have had to cut back their operations and lay off workers due to restrictions and lockdowns. Investors should consider buying these stocks that are poised for even bigger gains this year. Veeva Systems (NYSE: VEEV) stock is up 42% this year, largely thanks to its cloud business.
Citrix Systems, Inc. (NASDAQ:CTXS) (the "Company"), today announced that, due to the public health impact of the novel coronavirus (COVID-19) pandemic and in order to support the health and well-being of its shareholders, employees and greater community, the format of the Company’s 2020 Annual Meeting of Shareholders (the "Annual Meeting") will be virtual only. As previously announced, the Annual Meeting will be held at 5:00 p.m., Eastern time, on Wednesday, June 3, 2020. Shareholders will not be able to attend the Annual Meeting in person.
On CNBC's "Mad Money Lightning Round," Jim Cramer said that Bed Bath & Beyond Inc. (NASDAQ: BBBY) was deemed nonessential and he thinks that it's going to be tough for it to come back. He added that it does have a capital and it can try to last.Cramer has always liked TE Connectivity Ltd (NYSE: TEL) and he would own the stock.He is not recommending the oil companies, but he thinks it's fine for his viewer to own Pioneer Natural Resources (NYSE: PXD).Cramer sees B&G Foods, Inc. (NYSE: BGS) as mini-Kraft Heinz Co (NASDAQ: KHC). The brand seems tired to him.Digital Realty Trust, Inc. (NYSE: DLR) is a data center REIT and Cramer likes it.Citrix Systems, Inc. (NASDAQ: CTXS) is a good stock, said Cramer. It's consolidating now and he finds that positive.Cramer prefers Dropbox Inc (NASDAQ: DBX) over Box Inc (NYSE: BOX).Co-Diagnostics Inc (NASDAQ: CODX) is too controversial and Cramer needs to do more work on the stock.Cramer continues to like GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH). It's medical cannabis and it's the only one doctors really use because it has a dosage.See more from Benzinga * Cramer Shares His Thoughts On Broadcom, Bed Bath & Beyond And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Citrix Systems, Inc. (NASDAQ:CTXS) today announced that Citrix Application Delivery Controller (ADC) MPX 14000-FIPS 11.1 Platinum Edition has been certified as an approved product by the Department of Defense Information Network (DoDIN).
When remote work moved from something a few people did on occasion to a mandate for nearly all employees, companies around the world scrambled to scale up their resources and enable it. Many fell short, leaving employees to use personal devices to access the systems and information they need to do their jobs. And that’s created a gaping security hole. To help plug it, Citrix Systems, Inc. (NASDAQ:CTXS), has launched App Protection, which enables companies to protect apps and data on unmanaged endpoints and ensure their corporate systems and information remain safe.
Citrix Systems, Inc. (NASDAQ:CTXS) today announced its participation in an upcoming investor conference:
Head of Macro Strategy at Academy Securities Peter Tchir joins Yahoo Finance’s Seana Smith to break down his outlook on the markets as coronavirus cases surpass 1.5M in the U.S., according to John Hopkins.
Citrix (CTXS) is likely to expand presence in the SD-WAN market through partnership with Check Point Software.
As IT manager for William Fry, a top-tier corporate law firm, Oisin Concannon is obsessed with security. "Our data is our client's data. We have to treat it with the utmost care," he says. Yet Concannon and his team must also answer calls from the firm’s increasingly mobile employees to access this data when and where they need it to deliver the superior service its clients around the world have come to expect. It’s a dilemma all IT organizations face. And one that William Fry is solving using digital workspace solutions from Citrix Systems, Inc. (NASDAQ: CTXS).
Citrix (CTXS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.