Tag Archives: apple

Which "MAGS" Cloud Computing Stock Will Lead 2016?

Move over “FANG,” there’s a new acronym in town. The latest buzz on Wall Street surrounds the four best performing enterprise tech stocks “MAGS,” or Microsoft MSFT , Amazon AMZN , Google GOOGL , and Salesforce CRM . The

Closing Update: Stocks Finish Week with Steep Losses As Declines Accelerate Near Close in Quadruple Witching Friday

A late selloff dragged stocks to their lowest prices of Friday’s session, erasing all of the gains from a mid week rally that followed an optimistic assessment of the U.S. economy by Federal Reserve Chair Janet Yellen as investors

Fitbit dominates fitness tracker market but faces risks

Fitbit (FIT) is laps ahead of the competition in the wearable fitness tracker market. But the San Francisco-based company still faces risks such as the possibility of waning interest in the category and greater competition from smartwatches like the Apple (AAPL) Watch. For now, Fitbit is standing tall, even if its stock isn’t. On Friday, Mizuho Securities analyst Betty Chen initiated coverage of Fitbit with a buy rating and a price target of 38.