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-0.000159107695258445 0.000250786268927685 -0.000492342101257289 0.000274253480617715 -0.00341792115861695 -0.00348832279368704 -0.00161094585848309 -0.00115333523052707
Stock impact report

This Analyst Thinks Cloud Stocks Are Overvalued. Is He Right? [The Motley Fool]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: The Motley Fool
If you think cloud stocks are overvalued, you're not alone.JPMorgan ChaseAlteryx(NYSE:AYXPaycom SoftwareNYSE:PAYCTwilioNYSE:TWLOCeridian HCM HoldingNYSE:CDAYCoupa SoftwareNASDAQ:COUPSmartsheetNYSE:SMARThough Murphy slammed those six stocks in particular, his takeaways seemed to apply to the broader cloud software industry, where stocks have posted big gains in recent years, but have also reached lofty valuations. Among his concerns were:Image source: Getty Images.The stocks above barely flinched at the downgrades, a sign that investors believe that the SaaS sector will be among the most durable during the coronavirus crisis. Some in the category are even benefiting from the stay-at-home protocols that remain in place across most of the country.Zoom Video CommunicationOktaShopifyAs you can see from the chart below, all six of the stocks Murphy downgraded outperformed the 00^SPXYChartsOther warning signsThere are a number of other indicators that even top performers in the tech sector m Show less Read more
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