Citrix Systems (NASDAQ:CTXS)
Citrix Systems, Inc. designs, develops, and markets technology solutions that deliver information technology services on-demand worldwide. It offers desktop solutions, including Citrix XenDesktop, an integrated desktop virtualization system; Citrix XenApp, an application virtualization solution; and Citrix XenClient, a bare-metal hypervisor, which runs directly on the client device hardware. The company also provides online services, comprising GoToMeeting for online meetings, sales demonstrations, and collaborative gatherings; GoToWebinar, which allows users to host, attend, or participate in a Webinar session; GoToTraining, a training tool that allows trainers to deliver content to various trainees; Integrated HiDef Audio, which provides an audio and Web experience; HiDef Audio that offers audio options with reservationless audio conferencing; GoToAssist, a remote technical-support solution; GoToManage solution for IT management; and GoToMyPC, which offers remote access to PC and Mac from an Internet-connected computer.
Estee Lauder (NYSE:EL)
The Estee Lauder Companies Inc. engages in the manufacturing, marketing, and sale of skin care, makeup, fragrance, and hair care products worldwide. Its skin care products include moisturizers, creams, lotions, cleansers, sun screens, and self-tanning products; and makeup products consist of lipsticks, lip glosses, mascaras, foundations, eye shadows, nail polishes, and powders, as well as related items, such as compacts, brushes, and other makeup tools. The company provides its fragrances products in various forms, including sprays and colognes, lotions, powders, creams, and soaps. Its hair care products comprise of hair color and styling products, shampoos, conditioners, and finishing sprays. The Estee Lauder Companies sells its products under the Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M A C, Bobbi Brown, La Mer, Aveda, Jo Malone, Bumble and bumble, Darphin, American Beauty, Flirt!, Good Skin Labs, grassroots research labs, Ojon, and Smashbox brand names.
Shutterfly, Inc. provides an Internet-based social expression and personal publishing service that enables consumers to share, print, and preserve their memories through the medium of photography. It offers a range of personalized photo-based products and services for consumers to upload, edit, enhance, organize, find, share, create, print, and preserve their memories in digital photos. The company produces and sells photo books; greeting cards and stationery; personalized calendars; and photo-based merchandise, such as calendars, mugs, canvas prints, mouse pads, magnets, and puzzles.
I think all three stocks are vulnerable in any market pullback. For conservative investors, I would avoid these stocks until valuations better reflect their growth prospects. I will be looking to take some slightly out of the money bear call spreads on Shutterfly as well as Citrix and possible Estee Lauder.
Disclosure: I am long NFLX and I may also initiate short positions in CTXS and SFLY in the next 72 hours through out of the money bear market call spreads.