|Bid||98.42 x 1000|
|Ask||98.35 x 1300|
|Day's Range||96.40 - 98.29|
|52 Week Range||81.43 - 170.83|
|Beta (5Y Monthly)||1.25|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 26, 2023 - May 01, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||133.68|
The current environment in the banking industry has left a lot of investors concerned and confused. Bank stocks generally do well when interest rates are rising, particularly when the economy is not in a recession. In recent weeks, three banks -- SVB Financial's Silicon Valley Bank, Signature Bank, and Silvergate Capital -- have failed or collapsed.
Cloud computing improves operational efficiency by providing on-demand access to infrastructure, platform, and software services. In fact, consultancy Future Market Insights estimates that cloud services revenue will grow at an average rate of 21% annually to reach $4.4 trillion by 2033. Cloudflare (NYSE: NET) and Amazon (NASDAQ: AMZN) are both well positioned to benefit from that growth.
Warren Buffett isn't beating the market so far in 2023. Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) stock performance lags well behind the S&P 500. However, it's a much different story for some of Berkshire's holdings.