Tom Forte

Overstock.com Inc (NASDAQ: OSTK) has been on quite a run on the past six months, gaining more than 415 percent on investor enthusiasm for its bitcoin exposure. At least one analyst sees significant upside remaining for Overstock, but it all hinges on blockchain technology. The Analyst D.A....

Traders are always on the lookout for a stock that can ride the market momentum in a given sector or business. Based on the way the market is trending in the past month or so, Overstock.com Inc (NASDAQ: OSTK) has major exposure to two of the hottest trends on Wall Street at the moment—...

Overstock.com Inc (NASDAQ: OSTK) gained notoriety as one of the first major retailers to accept bitcoin as payment. The e-commerce platform has been a longtime champion of the cryptocurrency, accepting bitcoin as early as January 2014. Overstock initially transferred all crypto sales to...

Initiating coverage of e-commerce stocks, DA Davidson said the future is retail is Social, International, Mobile, Payments and Logistics, abbreviated as "SIMPL." The firm said it is monitoring emerging trends in retail, such as the consumer Internet of Things, co-opetition with Amazon.com, Inc.,...

The e-commerce space is seeing explosive growth as consumers gravitate toward online buying, shifting their allegiance from physical stores to virtual offerings. The seamless shopping experience offered by this channel fits modern buyers' M.O. well, rendering brick-and-motor stores a dying...

Amazon.com, Inc. (NASDAQ: AMZN)'s status as being both the "king of bricks AND clicks" earned the company additional support from Wall Street. D.A. Davidson's Tom Forte initiates coverage of Amazon's stock with a Buy rating and a 12–18-month $1,300 price target and a...

Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) is a mere few days old and far away from receiving the necessary regulatory approval. But this hasn't stopped Wall Street analysts from guessing who Amazon will target next. Maxim Group's Tom Forte...

Seeing little room for further upside, Maxim analyst Tom Forte has downgraded Wayfair Inc (NYSE: W) from Buy to Hold (check out Forte's track record). Forte believes the stock is now properly pricing in, “the company's ability to generate significant revenue growth over the next three-...

It took just a few hours for analysts to speculate what's next for Amazon.com, Inc. (NASDAQ: AMZN) after announcing its intention to acquire the organic grocery chain Whole Foods Market, Inc. (NASDAQ: WFM). Tom Forte, the managing director of Maxim Group, is among the first to look what big...

Maxim’s Tom Forte sees more upside potential in Amazon.com, Inc. (NASDAQ: AMZN) and recommends that investors buy the stock at the current levels. Forte maintained a Buy rating on the company, while raising the price target from $825 to $940. Efforts Paying Off The analyst believes...

Yelp Inc (NYSE: YELP) announced Friday morning that its dual-class share structure would end. Class B shares were converted to Class A, forming a single class of common stock. According to Maxim analyst Tom Forte, this could be a catalyst for Yelp's acquisition. The analyst reiterated a Buy...

Investors of Etsy Inc (NASDAQ: ETSY) should look for commentary on two potential upcoming catalysts when the company announces its quarterly numbers next week, according to Brean Capital analyst Tom Forte. Shares gained as much as 12.5 percent on Wednesday, as investors have regained confidence in...