Top performer Adobe looks undervalued as it's poised to grow its top line next year.
The firm's first-quarter 2019 results continue a trend of broad-based strength across businesses.
Its successful transition to the cloud reinforces the company's wide moat.
Shares of this wide-moat tech firm look modestly undervalued.
Our opinion of the wide-moat firm's cloud positioning and growth prospects remain tepid, especially when measured with competitors like Microsoft, Salesforce, and Workday.
Its enterprise value/revenue multiple makes it more expensive on a fundamental basis than nearly every enterprise software firm in our coverage.
The wide-moat firm still has a runway for growth.
The narrow-moat firm continues to execute.
Another strong quarter underscores the wide most firm's network effect and high switching costs.
We still anticipate additional upside for the wide-moat firm even after its impressive year-to-date run.
Commodification of storage technology will inhibit the firm from driving growth through price increases ahead.
We've upgraded our moat rating to wide and think the shares are undervalued.
We're confident in the wide-moat firm's cloud sales.
The pre-eminent network security vendor should benefit from cybersecurity consolidation.
Zscaler has impressive technology, but we think the valuation has gotten ahead of itself.
We're raising our fair value estimate due to an acceleration in product revenue growth.
Management couldn't address the internal audit during its call yesterday and didn't adequately allay concerns around the business.
Palo Alto Networks' moat trend is improving, while Check Point Software trades at a discount.
While we'll be tracking news of the investigation, our long-term outlook for the firm is currently unchanged.
Facing extensive competition from much larger firms, we think Dropbox will face headwinds and see shares debuting at too rich of a price.
Expansion abroad, aided by recent M&A, bodes well for the top and bottom lines.
We're raising our fair value estimate on the firm, though we are concerned that the market isn't taking more aggressive competition and significant operating expenses into account.