We live in an age of unicorns. More specifically, tech unicorns. And they all share a few common traits – stellar growth, astronomical valuations and most often, heavy losses. Snapchat is one such unicorn which matches at least two, if notall of the above criteria. Snapchat’s rise in a crowded space became even more interesting after the ephemeral-messaging platform audaciously declined a $3 billion cash acquisition offer from social networking giant Facebook (NSDQ:FB). Since then, Facebook has done everything it could to dent, if not kill Snapchat, albeit not very successfully so far. Yet ironically, FB stock could well be the biggest beneficiary of a Snapchat IPO if it comes in 2017.
Copying SnapchatSeems To Be Helping Facebook, Finally
When you think of tech companies which rejected buyout offers, quite a few not so great stories come to mind. Starting with Yahoo (NSDQ:YHOO), whichrejectedMicrosoft’s (NSDQ:MSFT)$44.6 billion offer, to Groupon (NSDQ:GRPN), which shunned Google’s $6 billion buyout offer, many similar decisions have proven to be bad ones in hindsight. Snapchat is one of those few exceptions that have lived to tell the tale. At least for now. However, Facebookseems rather determined to leave no stone unturned in its fight against Snapchat.
Top Stocks To Invest In 2018: Diebold, Incorporated(DBD)
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Dr Pepper Snapple Group Inc. (NYSE: DPS) to report quarterly earnings at $1.06 per share on revenue of $1.57 billion before the opening bell. Dr Pepper Snapple shares fell 0.07 percent to close at $93.49 on Monday. Analysts expect American International Group Inc (NYSE: AIG) to post quarterly earnings at $1.01 per share on revenue of $12.87 billion after the closing bell. AIG shares gained 0.38 percent to $66.39 in after-hours trading. Flowers Foods, Inc. (NYSE: FLO) reported in-line earnings for its fourth quarter, while sales missed expectations. Flowers Foods shares fell 1.87 percent to $20.45 in the after-hours trading session. Before the markets open, Diebold Nixdorf Inc (NYSE: DBD) is projected to report its quarterly earnings at $0.32 per share on revenue of $1.31 billion. Diebold Nixdorf shares slipped 0.73 percent to close at $27.20 on Monday.
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Top Stocks To Invest In 2018: BIG YELLOW GROUP PLC (BYLOF)
- [By SEEKINGALPHA.COM]
The Big Yellow Group (OTC:BYLOF) recognized this opportunity back in 1998 when it was founded and has ever since been working towards bringing new supply of self-storage properties to the UK market. The strategy resulted in the following performance:
Top Stocks To Invest In 2018: Kelly Services Inc.(KELYA)
- [By David Milstead]
One such outfit is Kelly Services (KELYA). The Troy, Mich., company places temporary employees in a variety of fields, such as law, health care, computing and finance. Although recent job reports have been strong, S&P Capital IQ analyst Michael Jaffe sees employers remaining cautious in their hiring practices and using the kind of temporary workers Kelly specializes in. Jaffe says Kelly is his top pick in the staffing sector, and he rates the stock a strong buy.
- [By Monica Gerson]
Kelly Services, Inc. (NASDAQ: KELYA) is projected to report its quarterly earnings at $0.28 per share on revenue of $1.35 billion.
Silver Standard Resources Inc. (USA) (NASDAQ: SSRI) is expected to post a quarterly loss at $0.02 per share on revenue of $96.25 million.