Tom Forte

Amazon.com, Inc. (NASDAQ: AMZN) received praise for its decision this week to raise its minimum wage for all employees to $15 per hour. While the decision generated a ton of positive press for Amazon, D.A. Davidson analyst Tom Forte said Thursday there are at least three reasons why raising the...

Tech giant Apple Inc. (NASDAQ: AAPL) continues to face uncertainty from China, but this shouldn't necessarily concern investors, according to analyst Tom Forte. The Analyst D.A. Davidson's Forte discussed Apple on CNBC's "Squawk Box" segment Monday. The Thesis An escalation or...

Overstock.com, Inc. (NASDAQ: OSTK) shares surged over 20 percent Friday following the announcement that GSR Capital will invest up to $270 million in Overstock’s subsidiary tZero. What Happened The Hong Kong private equity firm’s investment of $1.5 billion equates to an 18...

Etsy Inc (NASDAQ: ETSY) shares are soaring after a second-quarter earnings and sales beat Monday that also saw the company raise its 2018 guidance. Here's how three analysts reacted.  Stifel  Etsy has "a bounce in its step," said Stifel analyst Scott Devitt. He...

The popularity of online gaming is driving up demand for headsets and benefitting Turtle Beach Corporation (NASDAQ: HEAR); three sell-side analysts doubled down on their bullish stances after the company's second-quarter print. The Analysts Wedbush analyst Alicia Reese reiterated an Outperform...

Groupon Inc (NASDAQ: GRPN) has long batted its eyes at potential suitors, but in the last month, it’s grown more aggressive in its soliciting, according to a Saturday report by Recode. "Groupon executives — as well as bankers who represent the company — have contacted several...

Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of PillPack, an online pharmacy previously targeted by Walmart Inc (NYSE: WMT). The transaction is seen to advance Amazon’s health care campaign to the detriment of the vast and diverse sector. What It Means For Amazon Amazon had...

Apple Inc. (NASDAQ: AAPL) shares were up more than 4.5 percent after the company released a much better-than-feared fiscal second-quarter earnings report on Tuesday. The stock was trading around $176.79 Wednesday afternoon. Most major Wall Street firms weighed in on Apple following the big report...

Roku Inc (NASDAQ: ROKU) is not only a leading provider of streaming video products, but is poised to take advantage of a large shift in advertising dollars toward online video. That's not enough to justify an aggressive stance on the stock, according to D.A. Davidson.  The Analyst D.A....

Fitbit Inc (NYSE: FIT) is overseeing a multiyear effort to shift its business toward a recurring revenue model, which implies a bullish stance on the stock is unwarranted, according to D.A. Davidson. The Analyst D.A. Davidson's Tom Forte initiated coverage of Fitbit's stock with a Neutral...