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How to Develop and Cultivate a Growth Mindset


Opinions expressed by Entrepreneur contributors are their own.

Unlike a static view of capability, a growth mindset flourishes when faced with challenges, viewing failure not as a sign of a lack of intelligence but as an encouraging platform for development and expanding current skills. At its core, a growth mindset is about the belief that one’s fundamental qualities are things that can be cultivated through effort, strategies and help from others.

Still, it isn’t uncommon for a lot of us to strive for success and avoid failure at all costs. We see it as a way of maintaining a sense of being smart or skilled. When we adopt a fixed mindset, challenges are avoided, effort is seen as fruitless, and persistence in the face of obstacles is minimal.

For entrepreneurs, adopting a growth mindset is not just beneficial but essential. The entrepreneurial journey is replete with challenges, uncertainties and setbacks. A growth mindset empowers entrepreneurs to embrace these challenges, learn from failures and persistently innovate and adapt. It transforms the way entrepreneurs approach their business — seeing opportunities where others see obstacles and continually evolving to meet the ever-changing demands of the market.



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Apply for Jobs Easier with This Lifetime Subscription, on Sale for $59.97


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

New Year’s is a holiday that’s solely focused on celebrating the passage of time. For many of us, that makes it feel like as appropriate a time as any to rally our inner spirits to commit to positive change. Those of you who are tired of dealing with the same issues at work and those who have been gearing themselves up to join the job-hunting market — you can get this LazyApply Job Application Basic Lifetime License, which is just $59.97 (reg. $149) through January 7 only.

Rated 4.5/5 stars on the Chrome Web Store, LazyApply equips you to apply for tons of jobs with a single click. It can apply to jobs for you on LinkedIn, Indeed, and other widely used platforms. Using an AI known as JobGPT, LazyApply automatically fills out applications with your information. It uses advanced algorithms so potential employers’ filtering systems won’t block your application.

This subscription comes with unlimited LinkedIn profile emails, up to 150 job applications each day, plus specialized analytics on your progress so that you can adjust and adapt. The LazyApply Job Application team offers a weekly consultation call to discuss your progress.

Give yourself the power to accomplish your New Year’s job resolution easier.

You can get this LazyApply Job Application Basic: Lifetime License, which is on sale for just $59.97 (reg. $149) through January 7 at 11:59 p.m. PT.

Prices subject to change.



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Get a Lifetime of Jillian Michaels: The Fitness App for $149.97


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

The new year is fast approaching, and many of us are figuring out what resolutions we will impart on ourselves beginning in January. One of the most common ones is getting in shape physically, which is noble and great. If you or someone you know could use a boost in the workout department this coming year and beyond, then make sure you don’t sleep on this deal. Through January 1st only, you can get this lifetime subscription to Jillian Michaels: the Fitness App on sale for just $149.97 (reg. $449).

Available to new users only, this lifetime subscription features the entire Jillian Michaels workout program. For those unfamiliar with our award-winning fitness expert and renowned life coach, Jillian Michaels has been making waves and influencing people around the world to lead healthier lives for years.

The subscription features more than 1,000 workout exercise videos with a range of focuses, intensity levels, and goal settings. You can swap certain exercises for other ones, ban some from your account, transition and adjust the length of time one lasts, and even play your own music through the platform.

Don’t miss this chance to grab a subscription for a platform that’s been a Best of Award Winner on both the Google Play Store and the App Store.

Through January 1st at 11:59 p.m. PT, get this lifetime subscription to Jillian Michaels: the Fitness App on sale for the exclusive price of $149.97 (reg. $449).

Prices subject to change.



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I Tested AI Tools So You Don’t Have To. Here’s What Worked — and What Didn’t.


Opinions expressed by Entrepreneur contributors are their own.

In the fast-paced world of scaling service-based businesses, the dilemma of delivery versus marketing efforts is a constant challenge, especially for those who are at the point of maxing out on their client capacity.

The need for brand relevance, consistency and awareness can feel overwhelming when a lot of your time is dedicated to delivering a transformational experience for your clients. That sparked the idea for my team and me to dive in on testing relevant artificial intelligence tools to help free up time spent on our marketing strategies.

Here’s everything that worked — and what didn’t — in the last 12 months, using my coaching business as a guinea pig.

Related: Yes, You Can Use AI for Marketing. But Don’t Forget About the Benefit of Human Touch.

Does AI diminish the human touch or authenticity of our message?

One common fear is that AI will replace authenticity in marketing. A helpful reframe here may be to see this tool as an additional instrument in the “orchestration” of your brand.

Picture this: Just as a conductor directs the musical performance or symphony, AI can enhance your song without overshadowing your unique voice and the intention of what you want to convey in the song.

The song I’m referring to is your brand message. AI is just another instrument that can be added to your marketing to spread awareness for your brand. As long as you are clear on your ideal clients, offer and core message — then the playground is yours to integrate AI creatively into your marketing.

The biggest lesson I learned in the last 12 months is that the machine output will only be as good as the user’s input. You are still the storyteller, the architect and the soul of the intellectual message.

The 3 biggest benefits of AI

1. The client-driven brand message

One key benefit is streamlining note-taking and not having to solely rely on our brains to do all the recalls, especially for client calls, events, workshops, etc.

Tools like Fathom on Zoom have allowed me to take detailed notes during calls without compromising my presence and focus as a coach. The ability to condense and generate information, summaries and insights at lightning speed is a game-changer.

From a marketing perspective, all the AI-streamlined notes can help enhance the clarity and specificity of our message because now we can use real-time data (a.k.a words sourced from our existing or potential clients) to create the most effective message to attract even more of our people. For streamlining call notes and summarizing data, consider trying Fathom AI or Otter AI.

Related: How to Incorporate AI into Your Marketing Strategies (and Why You Should)

2. Making your content more dynamic and attention-grabbing

In today’s social media landscape, capturing the attention of our potential clients is more challenging than ever as you may be already aware. Now it is more crucial than ever to have compelling sales content, email headlines and hooks that stand out.

That’s exactly what I loved using AI for in my business. AI can work around the clock (unlike most of us who need eight to nine hours of sleep) to help you craft different versions of attention-grabbing copy that resonate with your audience.

Recently, I needed help writing the landing page copy for my new workshop event, so I went to ChatGPT. I provided the context of this event, what I was trying to teach, ideal clients that I wanted to reach and allowed AI to do the rest of the magic.

The entire process took less than 30 minutes from start to finish and resulted in a 40% conversion rate for sign-ups. This would have taken me at least two hours in the past.

This type of workflow works best if you are clear on the idea and just want support in putting the structure around it. Do always trust your intuition to decide on what feels right and edit as you go to ensure it still fits with your brand voice. Your intuition (human touch) is the starter and the finisher, AI can just speed up the process in between. For this use case, check out ChatGPT or Google Bard.

3. Being everywhere at the same time (omnichannel efficiency)

As consumer’s content preferences evolve — from listening, watching or reading content, AI’s repurposing functionality offers endless possibilities for us business owners to streamline this process to reach more people on various platforms.

If you are someone who prefers to create content by “saying it out loud,” you can use a tool called Oasis AI to help you bring the audio into various formats of social content.

If you are someone who prefers to film content in a video setting, you can use a tool called Descript AI to help you add text-to-captions and cut into short-form videos to distribute to channels such as YouTube Shorts, Instagram Reels or TikTok.

No longer do we need to spend countless hours editing or repurposing manually to be everywhere at once. All you need is one core content, and let the machine do the heavy lifting to help you generate 10x more out of that original piece.

Related: How to Use AI to Drive Growth and Improve Customer Interactions

The future of AI in marketing

A helpful reminder here is that artificial intelligence can not aggregate information that doesn’t exist online yet. We are still the creators and innovators.

Humans live, humans experience and humans connect — robots cannot do that. Humans will be the facilitators and the conductors of the machine. The question comes down to this: Are you willing to learn to become the best facilitator to help your business expand forward?

In the hands of someone curious, open-minded and creative, AI makes the marketing output significantly easier and faster. Welcome to the next era of marketing.



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How to Navigate the Pitfalls of Trust in Business Relationships


Opinions expressed by Entrepreneur contributors are their own.

Across all industries, from new startups to companies listed on the New York Exchange, companies now fly their flags as being committed to building lasting relationships with their customers. They claim that their business is centered around building authentic relationships, which places high value on building customer relationships. Indeed, one of their most prominent selling points is that they claim to prioritize long-term connections with the hope of encouraging customer engagement, building trust and sparking feelings of loyalty.

Sadly, these claims couldn’t be farther from the reality. Many businesses’ practical behavior shows that they decidedly remain transactional or, worse, predatory. This begs why companies pretend to be relationship-focused when their behaviour suggests otherwise.

The promise of relationship business

Perhaps the first thing we should discuss is why businesses try to paint themselves as a relationship business even though they’re mostly all about transactions. Companies understand that the concept of existing as a relationship business entices potential customers. By giving this impression, companies appear to care about their customers genuinely. It paints them as a body willing to go the extra mile not just to understand the needs of their customers but that they are also intentional about fostering long-term connections with their customers. By presenting this image, customers are enticed by the promise of a sense of belonging and personalized recommendations.

Related: How Entrepreneurs Can Fuel Innovation and Push Societal Limits

The reality of transactional behavior

In an ideal business world, building and maintaining business relationships can be a deciding factor in determining the long-term success of a business. Yet many businesses turn a blind eye to business relationships and instead focus on the short-term benefits of transactional behavior. In many instances, businesses’ efforts end the moment they collect customer data or a sale. While one would imagine that such data would be used to personalize and deliver relevant experiences, many businesses simply fall short.

A common real-life example many consumers have experienced in their relationship with businesses is getting generic responses to their inquiries. Another transactional behavior common with businesses is outsourcing support to reduce their costs. Although there’s nothing wrong with them trying to reduce costs, this move cannot come at the expense of the consumers. How? Outsourcing support often means consumers relate with people who are not very familiar with the business processes. The support offered then shifts focus from attending to consumer issues to just closing case tickets raised by the consumers. Actions like these point to one truth: the business prioritizes short-term gains over long-term customer satisfaction.

Why the discrepancy?

Naturally, businesses vary in their approach when delivering customer experience. Some companies emphasize personalizing interactions and invest in customer service training, while others employ cost-cutting measures; here, business is strictly transactional.

Typically, in businesses, there’s usually a discrepancy because of the following reasons:

  1. Neglecting relationships means transactions are straightforward to manage because they don’t involve human feelings. The summarised process is simply a buyer getting what they need from a seller, made available through a quick exchange and rarely any human interaction. This business model can be successful depending on the industry and business goals. However, it’s a limited model if relationships are key to your existence.
  2. Pressure to deliver immediate results due to the fast-paced business environment is another reason businesses focus on transactional efficiency. Thus, they focus on quick transactions rather than building relationships that pay off over time because they’re in a race to meet target earnings and satisfy investors.
  3. Strictly transactional businesses tend to generate more profit in the short term. This makes it a more enticing approach as companies prefer to focus on individual transactions and thus accommodate more customers in a shorter time frame.
  4. Companies that put up a front as a relationship business sometimes stop at just collecting customer data because of a lack of understanding of what the data says. Although they have the data, translating the data into actionable insights is something they don’t understand and thus neglect.
  5. Businesses sometimes lack the understanding to justify allocating resources to building relationships. They don’t understand the long-term benefits of customer relationships, such as customer loyalty, brand advocacy, and sustainable long-term repeat business.

Related: How Your Entrepreneurial Spirit Can Lead The Way in Crisis

The impact of transactional behavior

A transactional behavior model might seem appealing and like a fast route for businesses, but it comes with risks. Relationships are important to customers, and they quickly notice when the company’s actions don’t align with the initial promise. It’s only a matter of time before they switch to alternatives that offer more genuine engagement. Other risks associated with adopting transactional behavior include:

  • Limited growth potential because of failure to cultivate customer loyalty. Such businesses miss out on repeat business and referrals, thus limiting their growth.
  • Creation of a negative perception among customers
  • Reduced job satisfaction and morale for team members in the business as they are just focused on pushing sales.

Embracing authentic relationship-building

All said and done, to bridge the gap between promise and disappointing reality, it is clear that businesses need to adopt the habit of authentic relationship building.

Here are some tips on how to become a relationship business:

  1. Foster a culture where customers’ interest is ingrained in every decision.
  2. Train, coach, and equip your employees with the tools to build customer relationships. The goal should be to prioritize long-term values instead of quick wins.
  3. Invest in data analytics to better understand customer preferences and behaviors. This knowledge should be used to deliver personalized customer experience.
  4. Implement metrics that show customer satisfaction and retention indicators to inform your staff about the importance of genuine relationships, not only for the business’s good but also for every team member’s personal benefit.

Businesses must stop selling themselves as relationship-focused when reality tells a transactional tale. Companies should be ready and willing to commit to understanding customers intimately to achieve a shift towards authentic relationship building. Only with a dedication to delivering value over time can companies claim to be relationship businesses, and they’ll be rewarded with their customers’ trust and loyalty; your customers know when you are faking it.

Take the decisive next step: Forge, a culture brand that embodies authenticity and galvanizes a workforce dedicated to fulfilling its core promise unwaveringly. Act now to intentionally transform your vision and reap the benefits in the ever-changing marketplace.



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Save Time by Leveraging This AI Content Generation Tool for $20


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Writing can open up doors in so many ways. It can help a business or business professional gain recognition with discoverable blog posts and SEO-friendly pages. It can help someone get a job with professionally polished cover letters, and it can help someone stand out in their industry with a thoughtfully written LinkedIn post. But it’s also time-consuming and challenging. So you can automate it for someone this holiday season.

Thanks to a last-minute gift price drop, you can get this Write Bot AI Content Creation Lifetime Pro Subscription on sale for just $19.97 (reg. $539) through December 25th. This is the best price on the web, and you won’t have to worry about shipping times.

Write Bot is a platform that uses a special machine learning algorithm to generate content that utilizes natural-sounding language that mimics the voices of human writers. It’s easy to prompt with a fill-in-the-blank space design, and after the platform generates a piece of writing, you can edit it and publish it right there.

Discover why one recent reviewer wrote that Write Bot™is a “very nice writing assistant!!”

Don’t miss your chance to grab this Write Bot Harness the Power of AI Content Creation Lifetime Pro Subscription on sale for just $19.97 (reg. $539) through December 25th at 11:59 p.m. PT.

Prices subject to change.



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This AI Creation App Is on Sale Now Through Christmas


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Content has long been king, and being able to explore and create with new tools can be exciting and valuable for professional creators and hobbyists alike. That’s why this AI-driven creation platform could make for a fantastic last-minute holiday gift for anyone in your life. Through December 25th, this lifetime subscription to vidBoard Creative AI Presenter is on sale for just $39.99 (reg. $420) with code VIDBOARD.

vidBoard uses the power of generative AI to help improve videos and the production process for creators of all backgrounds. With a subscription, a user can automatically generate original digital avatars to complement and improve video content. vidBoard also comes with features for automating AI transcription writing, AI voiceovers, and more. Billed as an “all-in-one solution for seamless video production,” vidBoard can be a content improver, time saver, and money saver, too.

It can generate HD videos that have a professional look with human-led presenters. It also supports video creation and transcription services inmore than 125 languages. Users can get a good starting point with any of the many pre-designed templates available on the vidBoard platform as well.

Discover why this AI-driven video-production and presentation-creation app has earned a 5/5-star rating on Product Hunt and a 4.7/5-star average rating on Trustpilot. Also, consider gifting this to someone for the holidays while it’s on sale; you won’t have to worry about waiting for shipping or anything like that.

Through December 25 at 11:59 p.m. PT only, this lifetime subscription to vidBoard Creative AI Presenter is on sale for just $39.99 (reg. $420) with code VIDBOARD.

Prices subject to change.



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2024 Software Outlook: Buying Potential for 3 Stocks


The software industry, witnessing significant expansion, is driven by technological advancements, digital transformations across diverse sectors, and the mounting focus on data-oriented solutions. Given this backdrop, quality software stocks Semrush Holdings (SEMR), Dynatrace (DT), and Progress Software (PRGS) could be solid buys now. Read on….

Investments in digitalization are significantly increasing the demand for software applications. Furthermore, the incorporation of generative artificial intelligence within these applications is predicted to fuel the sector’s expansion further.

Therefore, it could be wise to buy software application stocks Semrush Holdings, Inc. (SEMR), Dynatrace, Inc. (DT), and Progress Software Corporation (PRGS), which possess solid upside potential.

The exponential impact of the software industry on global entities, whether individuals or institutions, is a testament to its influential dynamism. Predictions suggest that the industry’s contributions could significantly propel the U.S. economy. The global enterprise software market is poised to expand at a CAGR of 11.5%, reaching $517.26 billion by 2030.

A shift toward the improvement of essential applications is gaining momentum across organizations, potentially leading to a substantial increase in software expenses. According to Gartner, Inc. (IT), global IT spending is anticipated to reach $5.10 trillion in 2024, suggesting an 8% year-over-year rise.

The ushering in of avant-garde technologies like generative AI is posited to be a fundamental component in bolstering software application demand. Software application firms operating on subscription-based models are set to reap significant benefits due to the incorporation of generative AI into their suites. Goldman Sachs forecasts the total accessible market for generative AI software at an impressive $150 billion.

The market for application development software is expected to generate $167 billion in revenue in 2023. By 2028, this growth is anticipated to result in a market volume of $234.70 billion, expanding at a 7% CAGR.

In light of these encouraging trends, let’s look at the fundamentals of the three Software – Application stocks, beginning with number 3.

Stock #3: Semrush Holdings, Inc. (SEMR)

SEMR develops an online visibility management software-as-a-service platform in the U.S., the U.K., and internationally. The company enables companies to identify and reach the right audience for their content through the right channels. It serves small and midsize businesses, enterprises, and marketing agencies, encompassing consumer internet, education, financial services, healthcare, retail, software, and others.

On December 12, SEMR and UserWay, a full-service provider of digital accessibility technologies, announced their collaboration. UserWay’s web accessibility compliance technology is now available on the SEMR’s App Center, including the UserWay Accessibility Scanner and the UserWay Accessibility Widget.

The collaboration reflects a shared dedication to making the digital world more inclusive and accessible. Through this collaboration, UserWay’s AI-powered web accessibility technologies will enable SEMR’s users to create sites that are optimized for search engines and ADA compliance, facilitating a more accessible digital experience for people with disabilities.

SEMR’s trailing-12-month gross profit margin of 82.73% is 69.3% higher than the 48.88% industry average. Its asset turnover ratio of 0.98x is 59.2% higher than the industry average of 0.62x.

SEMR’s total revenues for the fiscal third quarter that ended September 30, 2023, increased 19.6% year-over-year to $78.72 million. Its non-GAAP income from operations stood at $6.95 million, compared to a non-GAAP loss from operations of $8.27 million in the year-ago quarter.

The company’s non-GAAP net income came at $8.42 million, compared to a non-GAAP net loss of $7.11 million in the year-ago quarter. In addition, its net income per share attributable to common stockholders amounted to $0.03, compared to a net loss per share attributable to common stockholders of $0.06 in the prior-year quarter.

Street expects SEMR’s revenue for the fiscal fourth quarter ending December 2023 to increase 20.9% year-over-year to $83.14 million. Its EPS for the same quarter is expected to be $0.03. It surpassed the consensus revenue and EPS estimates in three of the trailing four quarters, which is impressive.

Over the past year, the stock has gained 67.4% to close the last trading session at $13.39. It gained 59.8% over the past three months.

SEMR’s robust outlook is reflected in its POWR Ratings. The stock has an overall rating of B, translating to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.

SEMR has a B grade for Growth and Sentiment. Within the 131-stock Software – Application industry, it is ranked #34.

Beyond what we’ve stated above, we have also rated the stock for Value, Momentum, Stability, and Quality. Get all ratings of SEMR here.

Stock #2: Dynatrace, Inc. (DT)

DT provides a security platform for multicloud environments. It operates a security platform which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.

In November, DT achieved the Amazon Web Services (AWS) Security Competency. By earning this competency, DT has demonstrated expertise in helping its customers proactively remediate vulnerabilities and defend against threats across their AWS environments.

This recognition reinforces DT’s position as a trusted AWS partner and is a testament to its AI-powered approach to identifying, blocking, and investigating vulnerabilities in hybrid and multicloud environments. It further motivates the company to continue helping customers accelerate cloud migration and transformation with confidence.

DT’s trailing-12-month net income margin of 13.06% is 456.8% higher than the 2.35% industry average. Its trailing-12-month ROTA of 6.09% is significantly higher than the industry average of 0.15%.

DT’s total revenue for the fiscal second quarter that ended September 30, 2023, increased 25.9% year-over-year to $351.70 million. Its non-GAAP income for operations rose 46% year-over-year to $106.44 million. Its free cash flow for the quarter stood at $34.13 million, up 36.1% year-over-year.

The company’s non-GAAP net income increased 45% year-over-year to $93.49 million. In addition, its non-GAAP net income per share rose 40.9% year-over-year to $0.31.

Street expects DT’s revenue and EPS for the fiscal third quarter ending December 2023 to increase 20.3% and 11.8% year-over-year to $357.73 million and $0.28, respectively. It surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.

Over the past year, the stock has gained 46.1% to close the last trading session at $55.23. Over the past nine months, it gained 43.9%.

DT’s strong prospects are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.

It has a B grade for Growth, Sentiment, and Quality. It is ranked #32 within the same industry.

Click here to see DT’s Value, Momentum, and Stability ratings.

Stock #1: Progress Software Corporation (PRGS)

PRGS develops, deploys, and manages business applications. OpenEdge, Sitefinity, Kemp LoadMaster, Developer Tools, and DataDirect Connect are some of the company’s applications. It sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators.

On November 2, 2023, PRGS announced the release of Progress Sitefinity 15. PRGS introduces additional generative AI (GenAI) functionality across the platform with this version, allowing marketers to produce tailored content at scale. Also, Sitefinity Integration Hub’s innovative no-code data connectivity instantly integrates with top MarTech platforms, allowing for unified customer profiles.

The new GenAI support in Progress Sitefinity 15 empowers marketers to create personalized content at scale and optimize it based on real-time insights. This should bode well for the company.

Its annualized dividend rate of $0.70 per share translates to a dividend yield of 1.28% on the current share price. Its four-year average yield is 1.49%. PRGS’ dividend payments have grown at CAGRs of 1.5% and 4% over the past three and five years, respectively.

PRGS’ trailing-12-month net income margin of 11.65% is 396.5% higher than the 2.35% industry average. Its trailing-12-month ROCE and ROTA of 19.35% and 4.92% are significantly higher than the industry averages of 1.11% and 0.15%, respectively.

PRGS’ non-GAAP revenue for the third quarter ended August 31, 2023, increased 14.8% year-over-year to $175.78 million. Its non-GAAP income from operations increased 13.8% year-over-year to $68.39 million. Its non-GAAP net income rose 10.6% year-over-year to $48.75 million. Also, its non-GAAP earnings per share came in at $1.08, representing an 8% year-over-year increase.

The consensus revenue estimate of $178.86 million for the fiscal first quarter ending February 2024 represents an 8% year-over-year increase. Analysts expect its EPS to be $1.16 for the same quarter. It surpassed EPS estimates in each of the trailing four quarters and revenue in three of the trailing four quarters.

The stock has gained 11.5% over the past year to close the last trading session at $54.98. Over the past month, it gained 2.5%.

PRGS’s POWR Ratings reflect its promising outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.

PRGS has a B grade for Value and Quality. It is ranked #22 within the same industry. 

To access additional ratings for PRGS’s Growth, Momentum, Stability, and Sentiment, click here.

What To Do Next?

43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.

2024 Stock Market Outlook >


DT shares . Year-to-date, DT has gained 44.20%, versus a 25.48% rise in the benchmark S&P 500 index during the same period.


About the Author: Sristi Suman Jayaswal

The stock market dynamics sparked Sristi’s interest during her school days, which led her to become a financial journalist. Investing in undervalued stocks with solid long-term growth prospects is her preferred strategy.

Having earned a master’s degree in Accounting and Finance, Sristi hopes to deepen her investment research experience and better guide investors.

More…

The post 2024 Software Outlook: Buying Potential for 3 Stocks appeared first on StockNews.com



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Warner Bros. and Paramount Just Met to Discuss a Possible Mega Merger


In a meeting that’s shaken the media world, Warner Bros. Discovery CEO David Zaslav and Paramount CEO Bob Bakish had lunch at Paramount’s Manhattan headquarters today to discuss a possible merger, according to multiple sources.

Zaslav is also said to have met with Shari Redstone (daughter of Sumner), who owns Paramount’s parent company, National Amusements Inc (NAI).

The landmark deal would create a news and entertainment colossus—but there would also be some challenges.

Warner Bros/Paramount would be a “behemoth with an awful lot of debt. There’s no question about it,” William Cohan, Puck News Founding Partner, told Yahoo Finance.

Related: What’s the Deal With These ‘Snowball’ and ‘Avalanche’ Debt Repayment Methods? Here’s How to Know Which One Is Right For You.

Why the merger?

Paramount Global, known for its movie studio and TV network CBS, has substantial debt ($15 billion) and needs to make a strategic move to compete with monster companies such as Netflix and Disney. Conversely, Warner Bros. Discovery needs to make a big play following its 2022 fusion of Warner Media and Discovery. Under Zaslav’s leadership, the company has been meticulous in cutting costs and making money. For example, its streaming operations have turned profitable. But Warner Bros. Discover is still $43 billion in debt.

According to reports, Warner Bros. Discovery is also in talks with Comcast’s NBCUniversal.

Stock market reacts

Wall Street did not appear to be impressed with the talks.

Warner Bros. Discovery’s shares ended down 5.7%, falling another 1.4% in after-hours trading. Meanwhile, Paramount’s stock rose initially during the first hours of the news, but dropped 1% by the end of the day.



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