Apple Largest US Equity Position of ETFs Wednesday, October 6, 8:02 AM ET, by Market News Video Staff According to ETFChannel.com's Top ETF Stock Components list, Apple (AAPL) is the single largest US ...
By Market News Video Staff, Friday, November 19, 12:07 PM ET
Salesforce.com (NYSE:CRM) shares are surging today after the company posted third quarter earnings and a fourth quarter forecast that beat analyst expectations. Salesforce said it earned an adjusted $0.32 per shares yesterday. The software company said it expects sales of $447-$449 million in the fourth quarter, well ahead of analyst forecasts, resulting in profits of $0.27-$0.28 per share.
Salesforce shares are trading higher by nearly 16% on Friday.
At 5% of the portfolio, Salesforce.com is the top stock in the SPDR Morgan Stanley Technology ETF (AMEX:MTK). Other top holdings in the fund include NetApp (NASDAQ:NTAP) and Apple (NASDAQ:AAPL), both at 4.01%, followed by Intuit (NASDAQ:INTU) at 3.78% of the portfolio and Broadcom (NASDAQ:BRCM) at 3.47%.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AMEXCHANNELFridayINTUIntuitInvestmentMorganNASDAQNTAPNetAppOtherPORTFOLIOPortfolioSalesforceaheadallowsanalystassetbondsclassescompanycompletecompletelycountriesdesignedearnedearningsexpectationsfollowedforecastsfourthgrowthhigherincludeleadsmillionperformanceportfolioprofitsprogramquartersaidsharesharesshortsoftwarestockstermstherethird
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Analyst Moves: LRCX, GNW
Daily Dividend Report: KIM, UNH, AVP, BIP, XL
Daily Dividend Report: NOC, APC, BRCM, PPL, MTB, ACE
Analyst Moves: ARO, HCA
Weekly Market Wrap: May 11, 2012
Analyst Moves: LRCX, GNW
