Streamlining Opportunities with Service Now

Featuring Louis LLanes

Louis Llanes, Founder Of Wealthnet Investments, discusses the opportunity he sees in Service Now. He explains the catalysts and how to make the trade, in this interview with Justine Underhill. Filmed on May 3, 2018.

Published on
7 May, 2018
Topic
Trading
Duration
8 minutes
Rating
32

Comments

  • AC

    Andrew C.

    9 5 2018 11:25

    0       0

    Hi Louis, it's trying to push through $176 for the third time; is there a catalyst that can push it through?

    • LL

      Louis L.

      2 6 2018 10:50

      0       0

      At $181 now. Still in uptrend. Stair stepping up.

  • HA

    Hamed A.

    8 5 2018 16:27

    1       0

    no real opinion on this one but i suspect most investors / traders on here are like me and its pretty difficult to pull the trigger and go long a stock thats already up almost 40% already this year. I am a huge proponent of not chasing trades from FOMO and this is a prime example of a great story already recognized by the market. perhaps find something i wouldnt see or hear on CNBC?

    • LL

      Louis L.

      9 5 2018 00:41

      2       1

      Sometimes I’ll buy quality under pressure, other times I’ll buy stocks that already moved. I’ve owned this stock for some time. Our models indicate it’s not FULLY recognized. It’s also a trade with a short leash. Just because a stock is up on the year doesn’t mean it won’t follow through. We will see. One of my previous recommendations $GRUB was up a lot too. It rallied to target and beyond relatively quickly. Thanks for watching.

  • Jr

    Jie r.

    8 5 2018 02:17

    1       0

    Solid company with strong numbers. Thanks Louis, will keep that in my watchlist to go long on a decent pullback, a pity it has ran up.

  • jd

    john d.

    7 5 2018 23:44

    2       0

    Published the 7th, filmed on the third, stock closed on the 2nd at $165.50 now at $176. Showing this a little late aren't we
    4

    • LL

      Louis L.

      8 5 2018 00:03

      1       0

      I agree. It takes time for production people to get content out. Entry happened during production period. I’d enter on pull back or adjust position size if no pull back occurs.

  • MM

    Michael M.

    7 5 2018 18:19

    0       7

    phenomenally boring

    • MM

      Michael M.

      7 5 2018 18:25

      1       0

      risk reward - lose $1 to make $ .80 ...

    • LL

      Louis L.

      8 5 2018 00:05

      7       0

      Will try to make more interesting. I was focused on generating ideas that could make money based on solid analysis. Hopefully you watch the next one. :-)

    • AC

      Andrew C.

      9 5 2018 11:20

      2       0

      Trading is supposed to be boring ! If you want excitement, go to the casino!..... Thanks Louis, I see your other trade ideas, GRUB, WDAY, PANW EW are all making money !!