NEW YORK, February 28, 2013 - vb-news.net, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Apple Inc, Google Inc, Priceline.com Inc, Mastercard Inc.
Google Inc(NASDAQ:GOOG) is still a Buy at its current levels of above $800 a share, according to analyst Stephen Weiss of Short Hills Capital.
The shares had risen above $800 on Wednesday.
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Weiss said that Google's Android operating platform was becoming more widely used and ere present everywhere. The economy was also getting better and that would translate into more ad revenues. "I've not seen any competition in the search space yet. Yahoo's not there yet. Maybe they get there," he said. "It's a big market for Google, globally. I would own the stock."
Online travel agency Priceline.com said that its fourth quarter profit rose by more than a fourth to $349 million or $6.77 a share.
Analysts had expected earnings of $6.53 a share.
Priceline.com Inc(NASDAQ:PCLN) shares rose 2.6 percent to $695.91 at the close in New York, for the biggest gain since January 25. Is PLCN On Track To Hit $1000 Mark This Quarter?
Get Free Trend Analysis Here http://vbtrendreport.com/aw/?code=PCLN (OR You may just need to copy and paste the link)The company forecast first-quarter profit, excluding certain costs, of $4.90 to $5.30 a share, compared with $5.10, the average estimate of analysts.
International bookings increased 40 percent to $5.49 billion in the fourth quarter, accounting for 83 percent of total bookings.
Apple Inc.(NASDAQ:AAPL)’s annual shareholders' meet passed off mostly uneventfully belying all the drama in the run up to the meet.
Investors who attended the meeting were amenable to most of the proposals of the management. Neither did the company any decisions related to capital allocation or giving back more cash to shareholders.
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Apple however had to take off the proposal relating to the issue of preferred stock, after a court ruling on it.
Chief Executive Tim Cook referred to it as a `silly side-show.'
Mastercard Inc(NYSE:MA) is powering ahead in the mobile payments segment, which it intends to dominate.
The company on Monday unveiled a virtual wallet application which can be downloaded by users on their mobile phones, in which their personal details will be stored and avoid checkouts by scanning bar codes in-store to pay.
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The mobile payments business presents a huge opportunity for all companies involved in transactions and in the technology sector.
Financial services companies like credit card issuers and technology firms such as Google and PayPal are all looking at ways to capitalise on the increasing use of sophisticated smartphones.
They are busy providing apps that can store details of credit and debit cards, act as barcode scanners and store details of discount coupons and store loyalty programs.
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