Companies with strong profit and sales growth are good. Ones like Fitbit (FIT) that steamrolled analyst estimates are better. Today’s Screen Of The Day is Estimate Beaters, highly rated stocks that beat earnings per share estimates by wide margins in the latest quarter. The list includes three fast-rising young technology companies: cybersecurity software developer CyberArk Software (CYBR), wearable device maker Fitbit and cloud-based human
Apple’s (AAPL) smartwatch is poised to capture 68% of the market this year and hold on to a majority of smartwatch unit shipments through 2020, research firm Tractica forecast Tuesday. Tractica predicts that Apple will sell 16.7 million Apple Watch units this year. Samsung’s Tizen smartwatches will come in second place with 3.2 million units, or 13% market share in 2015, the Boulder, Colo.-based research firm said. Samsung is expected to launch its Gear S2 smartwatch this fall. Google (GOOGL) Android-based smartwatches will come in third place with 2.2 million
The largest cable and telephone providers in America added about 360,000 net high-speed Internet subscribers in the second quarter. The increase was largely due to gains among Comcast (CMCSA), Time Warner Cable (TWC) and other cable providers, which added 512,000 total subscribers in Q2. Time Warner added 189,000 broadband Internet subscribers while Comcast added 179,000, reports Leichtman Research Group. Those gains offset losses by telephone