Vigorous Stocks Need to Consider: Microsoft Corporation (NASDAQ:MSFT), Flotek Industries (NYSE:FTK)

Microsoft Corporation (NASDAQ:MSFT) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -0.46% to 62.99 with around 14.25 Million shares have changed hands in this session. Microsoft Corp. (MSFT) closed its around $26B deal to buy professional-networking site LinkedIn, cementing the largest acquisition in the tech giant’s history. The marriage of the two firms, declared in June, is a bet that the social network can reinvigorate Microsoft’s software offerings despite recent struggles by both companies. The closure of the deal was declared by Microsoft Chief Executive Satya Nadella in a LinkedIn post.

Mr. Nadella hopes the deal will open new horizons for Microsoft’s Office suite as well as LinkedIn, both of which have saturated their markets, and bolster Microsoft’s incomeand competitive position. Microsoft said it would work on integrating LinkedIn into some of its key offerings, such as adding aspects of the LinkedIn network to Microsoft Outlook and the Office suite, which includes Word and PowerPoint. The stock is going forward its fifty-two week low with 34.30% and lagging behind from its 52-week high price with -1.73%.

Similar, the positive performance for the quarter recorded as 9.94% and for the year was 16.20%, while the YTD performance remained at 17.19%. MSFT has Average True Range for 14 days of 0.88.

Flotek Industries, Inc. (NYSE:FTK) [Trend Analysis] retains strong position in active trade, as shares scoring -3.96% to $9.45 in a active trade session, while looking at the shares volume, around 874197 shares have changed hands in this session. Investor FourWorld Capital Management has issued an open letter to the CEO of Flotek Industries (NYSE:FTK), requesting company to provide real-world data to support the benefit of its “crown jewel” fracking additive known as CnF.On December 7, FourWorld issued a research report challenging the value of CnF for use in hydraulic fracturing.

Using both granular well production comparisons and a data-driven regression analysis of performance at more than 600 wells in Colorado’s DJ Basin, FourWorld concluded that CnF produced zero benefit in extracting oil from fracked wells relative to wells using generic equivalents. The report also questioned Flotek’s repeated statements about surged “penetration” of CnF in the face of data indicating large declines in users. The firm has institutional ownership of 90.50%, while insider ownership included 0.30%. FTK attains analyst recommendation of 1.30 with week’s performance of 5.47%. Investors looking further ahead will note that the Price to next year’s EPS is 228.60%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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