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680 | 36 | r/Stocks Daily Discussion Monday - Jun 26, 2023 | null | 336 comments | 2023-06-26 | These daily discussions run from Monday to Friday including during our themed posts.Some helpful links:Finviz for charts, fundamentals, and aggregated news on individual stocksBloomberg market newsStreetInsider news:Market Check - Possibly why the market is doing what it's doing including sudden spikes/dipsReuters aggregated - Global newsIf you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.Please discuss your portfolios in the Rate My Portfolio sticky..See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. | 2023-07-24 |
681 | 0 | When to sell? | null | 31 comments | 2023-06-27 | I trade with currently 300$ and any $ I make. I typically buy cheap stocks that are decently volatile. I generally try to get 15% as I aim to flip within 1 week. I don't have time to watch them like an eagle.So far I am successful. But should I aim for a lower % so I have faster flip times?EDIT: I started at 200$ and so far built it up through profits. I find the stocks I want to buy based on them going lower than usual and I generally sell when they return to their usual or just above.This also makes up for less than 5% of my savings, I am not stupid enough to mess with an amount of money I can't lose.I will settle for less than 15%. But that is generally my goal. I am trying to ask if I should just settle on 5-8% more often? | 2023-07-24 |
682 | 105 | PayPal Long Thesis | null | 93 comments | 2023-06-24 | Here is my write-up: https://docs.google.com/document/d/1UjFAPhDf2m4v6aO3wd2cvaWxZdnqPBrjptT2R2jNFRQ/editIt’s 5000 thousand words and un-edited, so sorry for any convention/grammar errors and if its too long for your liking, I just like to cover as many bases as possible. Please comment on any concerns or disagreements. | 2023-07-24 |
683 | 370 | Sell long term stocks? | null | 293 comments | 2023-06-24 | I bought NVDA at $80 in a Roth IRA. I intended it to be a long term hold as I am 7 -12 yrs from retirement. Do I sell part of it and place it in a defensive/dividend paying company? I know how to lose money but not sure what to do when winning 😉 | 2023-07-24 |
684 | 3 | Stocks and taxes | null | 21 comments | 2023-06-26 | Hello. I'm new to stocks. I've purchased a few sometime ago but didn't trade much since then. If you sell just the portion that is considered profits (excluding the amount initially invested) and use that profit to reinvest in, for example, another share of the same stock, do you have to pay taxes on any of this? For example initial Investment is $500, current value is $700 and use the $200 profit to reinvest in the same stock. Thank you | 2023-07-24 |
685 | 4 | Does anyone know how to write off the loss for tax purpose on Russian equity ? | null | 7 comments | 2023-06-26 | Does anyone know how to write off the loss for tax purpose on Russian equity ? I hold around $70K of Gazprom that I would like to write off as loss for tax purpose to offset some gains for 2023. However, according to TD Ameritrade that seems imposible at the moment. Even if I just want to get rid of it for $0 return. Is this correct? The italic text below is part of the actual message replied to me from TD's representative.Thanks in advance for the help.--------------------------------We do have what are called non-marketable orders or nominal orders, which seem similar to what you have presented.A Nonmarketable Security Transaction is a trade in which TD Ameritrade purchases a security from a client after we have been unable to locate market value for it. These trades net zero dollars for commission and proceeds.A nominal order, is a process used to remove a security from an account that is not able to be removed through a normal trade, but is also not eligible to be removed as a non-marketable securityHowever, these are both two separate types of trades and would be for eligible positions that do not have any other impactful restrictions, so these may not always be applicable.In the case of GAZPROM PJSC, shares are restricted due to the Russian Sanctions.------------------------------- | 2023-07-24 |
686 | 0 | Historically the market bottoms when the fed starts cutting interest rates, with that said do you think this time is different? | null | 30 comments | 2023-06-26 | If you were in a substantial cash position would you considering waiting. I understand buy and hold and it's generally advised to avoid "time the market". By why not go in at a 10-20% discountSeems like things could be lagging quite a bit, recently the cash printers were restarted and quantitative tightening was stopped.How much fear do you have that this market is a soggy wet paper bag and the bottom is about to break through?Or is the Fed going to manage the "soft landing" which so far it seems likes it's been better than expected, but inflation hasn't been quick to budge. | 2023-07-24 |
687 | Vote | Um eine Terrororganisation von innen zu stürzen, gehen die Agentinnen Cruz und Joe undercover. | https://alb.reddit.com/cr?za=3PyyINUjMh7hQEys-AOHUrBjZGif9vuoGkTztgdiEGio6lR0KlvRqm0SMLtOywykbDPtCxWnAu_uDFq4JFdfH66L9nZijk9MXusB_0sV1Lj_2EAQmzGJVNZwQ5Qu5aap781il0-d73d7220CJObHFoEhQFq48V1R_FoJgzmk08plxahFci9B_9DfwSxGTNrfoOGORImvi6Wtb6Dh79vDhEKZ61ujQZisO4GezWi8skNDA409rqWC8Ycvv25E2H6HP3TrT5TVqkcUrQr9R5HCGtl69fN48dLUzUjPVRnxIqYp0drx4TdUFv9r3276F0rgC_ZCBzlZJajXEIS4meT0032eMCdWqFtTYXuffVqZJ5BJKGPJ6WPJia73ows-g9iNhmuFyQ&zp=Rh-xpnA1Lv4TQ3wlsSESlADtZ1PdiFeeiR_zraVzSKn_bnjr7wGCAU7RpJyJcxFpwT2CakNoReCbl6qWfurOftovxGWQvqZ-iyXdSzKojgh33bb7gvaQh0TdNrVbG-ipX0rU6tTeXbIi5SuYYsd-iL-xHj8b2mYBytAGcfmZEmqtFX53fnhPqF7UicvxyBiM | 0 comments | null | null | 2023-07-24 |
688 | 340 | Apple stock analysis and valuation - Why Warren Buffett loves it | null | 107 comments | 2023-06-24 | This week’s casual valuation is Apple. I hope you enjoy these posts and feel free to add your take.Disclaimer: I do not own shares in Apple.The post is divided into the following sections:• Introduction• Historical financial performance• The balance sheet• Assumptions and valuation• Valuation based on different assumptions (and discount rate)IntroductionApple is the largest public company with a market cap of almost $3 trillion. We can go look back at its history and admire its outstanding performance, but even if we take a look at the last 5 years, its share price is up over 300%! For comparison, S&P500 is up 60% over the same period.My one-sentence summary of Apple would be – A technology company with strong brand and pricing power.At the end of March 2023, Apple was 46% of Berkshire Hathaway’s portfolio.Since Q1/2016 until today, Berkshire has bought over a billion shares in Apple at an average price of $39.65, leading to a total cost of almost $42 billion. Out of all the shares bought, 123 million have been sold for $12.5 billion, and the remaining 916 million shares have a market value of $171 billion. This leads to a return of 346%, excluding dividends.Historical financial performanceSince 2017, Apple provides a split of its revenue into:Products (iPhone, iPad, AirPods, Mac, Apple TV, Apple Watch, etc.)Services (Advertising, Cloud, Digital content, App store fees, Payment services, etc.)Why is this relevant? Well, services naturally have higher margins.If we take a look at the data related to this split, we'll see that the % of revenue generated from services increased from 14% back in 2017, to 21% today.This is an important piece of the valuation puzzle. The assumptions regarding future profitability depend on the assumptions about how this will develop in the future. If the trend continues and services increase as % of revenue, then higher profitability should be expected. If the trend reverses, then lower profitability should be expected.Many analysts point to iPhone as the biggest risk. Back in 2017, iPhone sales were responsible for 62% of all of Apple's revenue. Over the last twelve months, that % is down to 52%. It is still significant and it should not be ignored. If Apple disappoints with the next iPhone model, it will have a significant impact on its profitability, and valuation. It can also be argued that the new models aren't significantly better than the previous ones and come with slight design changes and limited additional features. However, as long as the customers are willing to pay for them, well, that's what matters.Let's take a look at the financials and how they've changed over the last 5 years.The gross profit increased from 38% in 2019 to 43% for the last twelve months (ending April 1st, 2023). Based on the development of the mix between products/services, this doesn't come as a surprise.The operating expenses (Research & Development, and Selling, General & Administrative) have been incredibly stable, between 13-14% (combined) of revenue. Many investors love predictability, and Apple definitely delivers that.All of the above translates to an increase in the operating margin from 25% back in 2019 to 29% over the last twelve months.With revenue of $385 billion, Apple is generating over $100 billion in operating profit per year.More importantly, during this period, there were two events that impacted most of the companies:The pandemic (Covid-19) and high inflation.We cannot see any negative impact coming from these events on Apple's financials. It continued to perform exceptionally even through uncertain and difficult times. The increased costs (due to raw materials, but also higher employee salaries) were successfully passed on to the final customers.It doesn't come as a surprise that Warren Buffett loves it. What is there not to love?The balance sheetSo, what happens with all of the excess cash that is consistently being generated? It is being returned back to the shareholders, via share buybacks and dividends.Over the last decade, Apple reduced the # of outstanding shares by a third. In addition, its annual dividend payment is over $14 billion per year.The decision to return cash back to the shareholders is basically the management admitting that they don't have projects to invest in, that will yield acceptable returns. Whether buybacks are the way to go at today's share price, is another question.If we take a look at the balance sheet, the company has $180 billion of cash, short and long-term investments. Although this might sound impressive, this is roughly 5% of their market cap.On the other side of the balance sheet, there's $110 billion in debt (including leases).Assumptions and valuationHere are my assumptions for the future:Revenue growth: 7% per year over the next 3 years, then declining over time to 4%. With this assumption, revenue in 10 years' time increases by 71%Operating margin: 29%, increasing to 32% over the next decade (I expect services to increase as % of revenue, leading to higher margins)Discount rate: 11% discounting to 8.7% over timeAfter adjusting for what is on their balance sheet, as well as the equity options outstanding, the value of Apple is roughly $2 trillion ($127.24/share).For comparison, today’s market cap is 2.94 trillion ($186.68/share).Valuation based on assumptions different than mineThe future is uncertain and my assumptions could be significantly wrong. Let's take a look at how the valuation (per share) changes if we use different assumptions related to the revenue 10 years from now as well as the operating margin.Revenue / Operating margin28%30%32%34%CAGR50% ($578b)$101.9$108.7$113.9$119.64.1%71% ($657b)$113.7$121.4$127.2$133.85.5%100% ($770b)$128.5$137.3$144.2$151.87.2%160% ($999b)$155.0$169.1$177.9$187.610.0%For Apple to be fairly valued, it needs to grow its revenue at 10% annually over the next decade and increase its operating margin from its current 29% to 34%.At the moment, the market is paying a significant premium for Apple and there is positive sentiment around the company.Overall, I do like the company, and I can see myself buying shares at a reasonable price. It is quite clear that Buffett got a great deal by buying shares at an average price of $39.65.As always, thank you for reading the post and for all the support. | 2023-07-24 |
689 | 14 | Selling flowers and watering plants | null | 11 comments | 2023-06-26 | Now that the market is bullish, we start to get questions about profit-taking and portfolio-trimming. Then we get the quote: "Selling your winners and holding your losers is like cutting the flowers and watering the weeds."I need to get this out of the system:If we want to use this analogy, isn't it wise to cut your flowers and sell them? Which flower in the world can last forever? If you go to a flower shop, you will notice most if not all flowers are cut near (not at or after) their peak. The only time you shouldn't cut (all) your flowers is if you're growing a fruit tree, but in that case, flowers are not your winners (they are indicators of winners), fruits are your winners, and you should still harvest/sell your winners. Additionally, in most orchards, you most definitely want to trim your flowers or even some of your tiny fruits so that your tree can produce better.I think it's safe to say that Peter Lynch is not a gardener/farmer.For the "watering weeds" part, admittedly this is more debatable because if your seedlings are the wrong type or with weak genes, you may really want to stop watering them or pull them out, re-use the space (capital) on good seedlings. However if you have strong convictions (e.g. good understanding of a plant's lifecycle), you can't treat watering/fertilising a plant as a cost/loss and kill it if it doesn't perform soon enough. | 2023-07-24 |
690 | 58 | Am I doing the "fun individual stock allocation" wrong? How do you guys do it? | null | 46 comments | 2023-06-24 | I'm mostly index funds, but I've decided to allocate 5% of my portfolio to individual stocks.The "strategy" I've decided to follow is buying a select number of blue chip tech stocks. So far I'm DCA'ing into Apple and Tesla, thinking of MSFT and some others. Reason being I think blue chip tech stocks have more upside but similar downside (well maybe with the exception of Tesla) as non-tech blue chips like Disney or Nike or whatever. I know these companies have huge market caps and have run up a lot, but I think long term they still have a lot of room to grow.Having said that, obviously I already own a good amount of these stocks in my index funds. So I've begun to question whether I'm doing this wrong and the "fun" allocation to individual stocks need to be geared more towards smaller riskier companies that could moon if I'm lucky.Wondering what the folks here think. | 2023-07-24 |
691 | 0 | Sold a lot today | null | 48 comments | 2023-06-26 | Not sure what came over me but I wanted to mitigate some risk and sold off some positions today.Sold all of these for a profit: Apple Microsoft Google Draftkings Sofi MGM CelsiusReallocated some funds to SPY which is now 70% of my portfolio. Holding some MARA stock and some random junk as well.Not sure if I want to stay in cash for a bit or just DCA everything into SPY. Also, this is not a humble brag, I really don’t know what I’m doing and feel like I might purchase real estate within a year or two and being so heavily in stocks makes me a little nervous I guess. | 2023-07-24 |
692 | 2 | GOL Airlines secret good investment? | null | 6 comments | 2023-06-26 | For some reason i dont see many people discussing Gol Airlines stocks, for the last 6 months it have been such a good investment for me.As every airline they suffer alot with covid, dropping alot in value, i starter buying them months ago and so far i had amazing returns and i keep investing every month.I believe that soon it can get to the pre-covid value, we have seen that there is a market for low cost carrier and south america its a huge market that it still expanding and within a few years its possible for GOL Airline stocks to reach 50euros each, but that's just my 2 cents, I'm open to hear your opinion | 2023-07-24 |
693 | 0 | WSJ or Bloomberg - which is the better source of news? | null | 13 comments | 2023-06-26 | I have recently seen some promotional offers for subscriptions to WSJ and Bloomberg. Are any of you using these and if so, do you prefer one to the other and why? I’m just looking for general stock market news and insights | 2023-07-24 |
694 | 77 | If Depreciation is MUCH higher than PP&E does it mean that the company will be incurring a big CAPEX spending very soon?
Company Question | null | 45 | 2023-06-24 | I was looking at the COST PRICE of the assets vs the ACCUMULATED DEPRECIATION and found that it is almost fully depreciated.
Looking at this, does it mean that the company will soon be having to replace their assets and will be spending a huge amount of CAPEX soon which will be affecting their FREE CASH FLOW.
The company is looking attractive now as the FCF will cover the purchase price of the company in around 5 years assuming no growth in FCF.
Hope someone can advice.
https://ibb.co/ckzMXpF
https://ibb.co/QJrC0HL | 2023-07-24 |
695 | 169 | Ready to ditch the fax machine and embrace the future of faxing? With eFax, you can send and receive faxes right from your computer, or smartphone. | https://alb.reddit.com/cr?za=_lvi-646Qiu4PJo3GJ8jENMz9R7BPNN0BSl2T5uOouSS17-V0BWSfbxDUvAU_SuVvaq3IgiGri5h7sBA7xlSQ3EJ6R233anTOG1aq8Wb865SKr222va3WS8fWHA4Y32Hvi05Sohz0fwgIEZY0hIG9B_PIuhxn30w3O51Cy4hm-wma0KYjblfdx29qvHofzMv_xZrqD2WxSLUE8Kt6QmIszoH4EahTswBEiDNN4DIrAKLKRzrdB4B_ivEOdtv-q0296M8YHo6nCB0sySb4vNtasQBUySlBTn2UdvKSdLVXfn_Pr1nUeNX8YsmM80JsGa9hhxkou2LlbsaqHz1MpL4Bl9YabTZrrUy-vAG9pjO6owsfRU98_hZb0yfWVkmXBsQX7LI9IJP&zp=3Lnu_VKBJr2qA-Oo4VV5WLKyj97HjEXSfu5PH1Ub9FeKC9HFphXdE-CSeJRYXIt8kS2Lbj-ZepgspAGLMPgfHtzT54aAERAt9EPmBaI6yOHrX6I4yqKiI60KVb_ffTqQ06TMGuC9AKf0TMuHwv0dy5w6WyUY3xmBWCg0aH0ITKyZOWtn3fpDM6QJo5PASnWSqs5Yc7Sn6xr0LsJZtzias_8qr6v-scREtG79XNBkXIlcKRVOaFPv2RM | 0 | null | null | 2023-07-24 |
696 | 2 | Tesla just turned a huge financial burden into a $12.9 billion revenue opportunity.
Company News | null | 58 | 2023-06-26 | Tesla recently added two of the world's largest carmakers to its EV charging network.
Just weeks later, more automobile manufacturers are making -- or considering -- the move.
Some investors are viewing this as an opportunity comparable to Amazon's rollout of AWS.
The electric vehicle maker might be having an "AWS moment."
The past couple of years have been a bumpy ride for Tesla (TSLA). After rocketing to an all-time high in late 2021, the stock plunged more than 70% in the face of high inflation, rising interest rates, and the worst stock market downturn in more than a decade. But the tide appears to have turned over the past several months. Since bottoming in early January, Tesla shares have been on fire, gaining 149% as of this writing.
What caused this epic run? A rebound in the stock market and the recovering economy were no doubt contributors, but the biggest gains have come over the past few weeks in the wake of a few historic announcements. Several big-name automakers have ceded the high ground, joining the Tesla Supercharger network and adopting its North American Charging Standard (NACS) connector, which is now on the road to becoming the industry standard on the continent.
This stampede of partnerships prompts the question: Is Tesla having an "AWS moment"?
The agreements driving Tesla stock higher
Late last month, Ford announced that beginning early next year, Ford electric vehicle (EV) owners would gain access to more than 12,000 Tesla charging stations across the U.S. Ford's chief customer officer, Marin Gjaja, cited Tesla's "large, reliable and efficient charging system" as the incentive.
Just weeks later, General Motors announced that it, too, would join the Tesla Supercharger network. On Tuesday, Rivian jumped on the bandwagon, joining the company's North American network, while Hyundai is considering a similar move.
In each case, the automakers have noted that after initially requiring an adapter, they would equip future EVs with an NACS charge port within the next couple of years, eliminating the need for adapters going forward.
The cloud connection
Back in 2000, Amazon (AMZN) was hamstrung by a number of growth-related issues, the biggest being the ability to scale its nascent operations. To address this challenge, the company developed a cloud infrastructure system that would form the foundation for its growing e-commerce business.
At the time -- and unbeknownst to Amazon executives -- the company had planted the seeds that would eventually become Amazon Web Services (AWS), its lucrative cloud computing service. After being used solely by Amazon employees for several years, the service debuted to the public in early 2006, and the company began renting out the cloud infrastructure it originally developed for in-house use. And the rest -- as they say -- is history.
AWS quickly become one of Amazon's most lucrative enterprises, a paradigm that continues to this day. In 2022, AWS generated revenue of more than $80 billion, up 29% year over year. More importantly, the cloud computing business was responsible for just 15% of Amazon's total revenue but all of its operating income -- even subsidizing the losses from its e-commerce operations.
The company is still the leader in the cloud business it pioneered, closing out the first quarter with a 32% share of the cloud infrastructure market, which is as much as the shares of Microsoft and Alphabet combined, according to data supplied by research firm Canalys.
The parallel here is clear. Tesla originally developed the Supercharger network solely for use by its customers, but it appears to be transforming into a lucrative industry standard.
AWS moment?
The ability to take a substantial business costs and turn them into a hefty revenue generator is a rare thing, which is why some are calling this Tesla's "AWS moment." Wedbush analyst Dan Ives is one such commentator. He notes that while the company is known for accelerating EV adoption around the globe, Tesla's Supercharger network is the hidden gem that will take the company -- and its stock -- to the next level:
I believe "what has changed" for the Street over the last month is the recognition with the Ford and GM supercharger partnerships that Tesla's sum-of-the-parts valuation is now finally starting to get tapped into. This reminds us of when the Street started to realize the margin story and valuation at AWS for Amazon.
He goes on to estimate that the pacts with Ford and GM could add another $3 billion to Tesla's EV charging revenue "over the next few years."
Piper Sandler agrees and is more precise in its estimates, estimating that charging from non-Tesla customers could add $3 billion to revenue by 2030, surging to $5.4 billion by 2032. A greater number of EVs on the road -- from numerous automakers -- will no doubt accelerate this "flywheel effect," enriching Tesla and its shareholders along the way.
The company is also vying for roughly $7.5 million in subsidies offered by the Biden administration to expand its Supercharger network if other automakers have access to its system. In all, this amounts to nearly $13 billion in additional financial incentives for Tesla to open up its network.
It's also worth noting that Tesla also has a significant advantage over its rivals with one of the most cost-effective chargers in the business. The company has been able to construct charging stations for as little as $42,000 per connector, compared to a range of $100,000 to $250,000 for its rivals, according to data compiled by Bloomberg. Tesla can use the additional funds from non-Tesla customers to expand its Supercharger network, further fueling the flywheel.
While it's still early days for these charging collaborations, this could eventually be a big revenue generator for Tesla.
The fine print
As previously noted, Tesla's stock price has soared this year -- up nearly 50% in the past month alone -- as a result of the recent announcements, with a commensurate increase in its valuation. The stock currently has a forward price-to-earnings ratio of 77 and sells for over eight times forward sales -- a lofty valuation by any measure. For context, analysts expect the company to grow revenue by 22% and 29%, respectively, in 2023 and 2024. Value investors will no doubt balk at the stock's hefty price tag.
That said, Tesla is the undisputed leader in the U.S. EV market and is just beginning to flex its charging station muscles. If the company eventually adopts a similar strategy for batteries and energy storage solutions, Tesla's recent gains could be just the beginning for those with a long-term outlook. | 2023-07-24 |
697 | 5 | Good platform with easy phone app
Advice Request | null | 48 | 2023-06-26 | So i had TD Ameritrade and i really miss it. It had such an easy platform app on ipad and phone.
Now it moved to Charles Schwab which i really don't like. The ipad app is difficult and it is hard to move between different tabs. I just don't like it.
I prefer to use ipad or phone to check investment. I don't like using PC. So i am trying to find a different platform that is more user friendly for me.
If i find a new different platform, do i have to sell all the stocks then move the money or is there a way to request transfer?
Another thing Charles Schwab charges fee on trading ? I can't remember TD doing that. BRING TD BACK 🥲
https://imgur.com/a/byefcUa | 2023-07-24 |
698 | 0 | This AI stock jumped 163% this year, and Wall Street thinks it can rise another 50%. is that realistic?
SMCI | null | 4 | 2023-06-27 | - This AI stock has quintupled over the past 18 months.
- And yet, it still only trades at 20 times earnings.
- That's not expensive if the company can meet the CEO's projections, and Wall Street is coming around to agree.
This hardware stock may seem overextended, but there's a very plausible path higher.
Investors in leading cloud and semiconductor stocks have probably seen big gains this year, as the artificial-intelligence (AI) revolution sparked by the introduction of ChatGPT last November began translating into blockbuster revenue and profit gains for well-positioned companies this spring.
While many have homed in on GPU leader Nvidia ($NVDA), cloud giant Microsoft, or more speculative software bets like C3.ai, one company in the less well-regarded server market has also been a huge winner.
Super Micro Computer ($SMCI) has carved out a very attractive niche for itself within the AI industry, and the stock has climbed 163% in 2023. But what's even more impressive is that, unlike some other tech stocks that were down in 2022, Super Micro is achieving these gains after rising nearly 87% last year -- and remember, that was in a year in which the Nasdaq Composite (^IXIC) fell more than 30%!
Although the stock has nearly quintupled in a mere 18 months, one Wall Street analyst recently upgraded Super Micro while raising her price target to $325 -- about 50% higher than shares sit today.
That may seem laughable to some, but unlike some other AI plays that seem extremely expensive, there's a perfectly reasonable case for Super Micro to reach that target and even surpass it.
Loop Capital is all in on SMCI's "Legos"
On June 14, research firm Loop Capital analyst Ananda Baruah raised her price target on Super Micro Computer from $200 per share to $325, indicating a roughly 50% gain from the stock's current level.
In her note, Baruah said Loop's work suggests that "the Gen AI compute build has both legs and commercial commitment, with Gen AI going to 30%-40% of all Hyperscale applications from less than 5% today." Within the generative AI megatrend, Baruah especially likes Super Micro Computer because of its unique "complexity at scale" building block model, which Baruah believes has at least a 12- to 24-month lead over the competition.
What is the building block business model? At a recent conference hosted by Rosenblatt Securities, Super Micro founder Charles Liang describes the strategy of building servers as if by "Legos," with each component optimized for quality, functionality, cost, and integration, which can be formed into a myriad of customized server designs.
As opposed to other server companies that mass-produce standard models, customers can optimize Super Micro's server systems based on the end application. And with the proliferation of not just artificial intelligence but also 5G, edge computing, and the Internet of Things, customers appear to be hungry for customized solutions that can be delivered quickly at scale.
In fact, Loop had mentioned this large-scale customization advantage in its previous note on May 24, when it had initially raised its price target on Super Micro to $200 from $150. In that note, Baruah said that while AI is the most important and prominent catalyst, "Super Micro's core value-add is deep server customization providing a differentiated impact for increasingly strategic applications, including AI/ML [machine learning], Data Analytics, Strategic Video Streaming, etc."
And don't forget the advantages of green computing
Loop isn't the only research firm that's bullish on Super Micro's prospects from here, either. Earlier in June, Rosenblatt Securities' Hans Mosesmann initiated coverage on the company with a $300 price target, implying about 40% upside from current levels.
Mosesmann also noted the mass-customized building block model but is also bullish on Super Micro's "green computing" ethos, whereby the company touts its servers as the most energy-efficient in the industry. While "green computing" used to be a nice-to-have feature, in the world of AI, it's much more important. Leading-edge chips require tremendous amounts of electricity to run and also generate large amounts of heat, which requires some way to cool the chips. Since cooling systems require space and electricity in and of themselves, this increases the electricity and square footage needs of AI data centers even further.
Mosesmann wrote in his June note that Super Micro's new liquid cooling technology can increase rack compute power by over two times, which Mosesmann describes as "a disruptive dynamic in a power constrained data center."
So while Super Micro isn't in the business of designing highly specialized proprietary semiconductors, its novel server architecture also contributes to increasing the computing power of AI data centers, albeit by more indirect means.
A plausible path to $325
Even after quintupling, Super Micro trades at only around 20 times earnings, and those earnings incorporate a weak non-AI server market, as well as supply constraints for AI chips that limited Super Micro's growth last quarter.
Analysts have consistently underestimated Super Micro's growth over the past few years and are still only forecasting modest earnings growth in the year ahead for some reason. Yet Charles Liang sees the company growing "at least" 20% in the upcoming fiscal year, starting July 1.
If Super Micro can maintain a 20% earnings growth rate over the next few years, that would amount to a PEG ratio of just 1. That's actually fair or even cheap for a technology stock, which means Loop's $325 target is certainly attainable in the year ahead. | 2023-07-24 |
699 | 11 | $CNXC - Concentrix - Anyone track this stock? | null | 8 comments | 2023-06-24 | Concentrix is an American business services company specializing in customer engagement and business performance.The price has been beaten up from $150 5 months ago to $81 now.Via Semrush data, 6 months ago 1 million average monthly visits to their website and not it is 1.5 million monthly. Since this is a 3rd party customer service company I assume most people going to their website are people apply to jobs as customer service agents. If they are hiring they must have a lot of contracts with companies like Apple. Business looks to be doing well so why is the stock price so cheap and at a 1 year low?They have earnings Wednesday after close. They usually miss revenue or EPS but I would assume expectations are low so if they have a double beat we will is 20% AH rise. If they miss then the price is already pretty low and shouldn't move more than 5%. Seems attractive earnings play.Thoughts? | 2023-07-24 |
700 | 23 | Das mit Spannung erwartete Einzelspieler-Weltraum-Action-RPG EVERSPACE 2 erscheint am 15. August 2023 für PlayStation 5 und Xbox Series X|S! 🚀🚀🚀 Jetzt mit 20% Rabatt auf PlayStation vorbestellen oder an Tag 1 über Xbox Game Pass spielen und beim Kauf 20% sparen! | https://alb.reddit.com/cr?za=R_Gxc1RXJYsZsXzQRlncRhGLDn1HBTnJ6SkzSuxq7nsCE29EhLOKPyZFZQ9z8x076XvOk9eSo6hZAw0vAJjqRE8Fk_Ro5fw7uMZHT5vA8J-D81i4HGRbsYuAaCzZc1L0qbEtVEhXNk_rqm7MP_rKnOYjHxiE7YAdhY0Tg46us_qwUkPE2Gz5BU2gKqlrRcwa65G7x_cnR1IDCm6r7co3LRTzvyjWh49dQbzdVwgOm9ZVL2Ebbn-kVOBm4EtSrg1qR4w8OEwRxHhlHDUuL5-HyhoyBKqKUge9GhIOmWpgJ28O4oiga1nCOJ-8XgEdLUQPGhErjQ51WYDKtMu3C2d0XWSpvJlDbAe-7fcWMhZWLS5JFPmfMcHs14S56gghDw&zp=OLOR9KkAYrF8aSzqfjbJXybt-DyekG8ibnRlN3GwpagGFIkVQN5sY1CIQFYvlzxO5LFPTp_4xtxLYu3qbcONpQhjy03N1POxyZDY1MNBOoW__Yb8fTCr0_KjMb8wvfs6u5GDxo50YDUXc_Zky2-1dkpZtazKtvxE-Es20aDCl8jjbqodMyFaubcyiGQ | 0 comments | null | null | 2023-07-24 |
701 | 333 | What goes through your head when you see companies with a p/e ratio of over 200? | null | 170 comments | 2023-06-24 | I am just beginning to invest and am trying to build a portfolio of stocks that I hope to hold onto for a long time. When I see companies with a stupid high pe ratio I am mentally stuck between not wanting to miss out, and thinking it's stupid to buy something so inflated. What is your guys opinion? | 2023-07-24 |
702 | 0 | 3 top growth stocks that billionaires keep buying left and right. | null | 29 comments | 2023-06-26 | Match Group's most popular application, Tinder isn't growing right now but billionaire investors keep buying the stock.Roku leads its industry by the number of hours streamed but it's still losing a lot of money.Automated accounting software provider, Bill.com is attracting billionaire investors with sales that keep soaring.These are the stocks that billionaire money managers can't seem to get enough of lately.If you want to learn how to build enormous biceps, following the advice of Arnold Schwarzenegger makes a lot of sense. The same concept applies to stock market investing. If you want to build a stock portfolio that delivers enormous gains, studying the actions of the world's most successful investors is a great place to start.You can learn a lot from following billionaire investors. Unfortunately one of those lessons is that they don't always get it right. Let's take a closer look at the stocks billionaires can't seem to get enough of to see if they belong in your portfolio.1. Match GroupJames Simons and Renaissance Technologies, the hedge fund he manages, bought about 1.6 million shares of Match Group ($MTCH) during the first three months of 2023.Shares of the dating app provider are down about 80% from the peak it reached in 2021. It's been under more pressure than usual because it looks like the company's growth engines have sputtered out. Fiscal first-quarter Tinder sales remained flat compared to the previous year's period, and total revenue fell 1% year over year.Simons was likely encouraged by signs that Match Group is becoming less reliant on Tinder, which generates 57% of total revenue. Fiscal first-quarter revenue from Hinge, a dating app that is "designed to be deleted," grew 27% year over year.At the moment, you can buy shares of Match Group for just 15.9 times forward-looking earnings estimates. Investors who buy the stock at this modest multiple could come out way ahead if Hinge continues along its current growth trajectory. Following Simon's lead on this stock probably isn't a bad idea.2. RokuRoku ($ROKU) stock is still down around 77% from the peak it reached in 2021. Perhaps sensing a bargain, Israel Englander and his hedge fund Millennium Management bought 670,000 shares of the streaming platform provider during the first three months of 2023.Counting by hours streamed, Roku's platform leads and it's getting stronger. During the first quarter, people streamed 25.1 billion hours of video through Roku-enabled devices, which was a 20% improvement year over year.The Roku operating system (OS) is the only smart TV OS built from the ground up for televisions. It's currently the leading smart TV OS, with a 43% share of TVs sold in the first quarter.RoKu's on my watchlist and not in my portfolio because it lost a frightening $665 million over the past 12 months. If the streaming platform leader can't make ends meet, it could mean that this is just a rotten business to be in. It could also mean that the company's been poorly managed. Either way, it's probably best to steer clear of this stock until its bottom line starts heading toward profitability again.3. Bill HoldingsBill Holdings ($BILL), or Bill.com as it's more commonly known, is an accounting automation software provider that caters to small and medium-sized businesses (SMBs). James Simons and Renaissance Technologies bought 348,000 shares during the first three months of 2023.Sinoms was probably attracted to Bill because the business is growing by leaps and bounds. Revenue during its fiscal third quarter ended March 31 rose 63% year over year.Bill isn't profitable yet, but it's quickly headed in that direction. Its' fiscal third-quarter loss shrank to $31.1 million from $86.7 million in the previous year period.Bill's business is growing faster than the other companies on this list, but the market has already baked a lot of future growth into its stock price. It's currently trading at 73 times forward-looking earnings expectations.Bill's forward price-to-earnings multiple is so high that most cautious investors will steer clear of the stock. If you can tolerate the risk, though, buying Bill before it shoots even higher might be a good idea. | 2023-07-24 |
703 | 41 | What website subscriptions do you use for research? | null | 61 comments | 2023-06-24 | I’m curious what everyone here uses for research. I use:Fintel ($25/month) Dilutiontracker ($50/month)Does anyone know something better? Preferably one website that can do both of what my websites offer.I use Fintel to track insider moves and Dilutiontracker to quickly see any dilution plans a company may have?Ideally I am looking for something that does both in one website and if less than $75/month even better. | 2023-07-24 |
704 | 0 | Anyone have Vanishing Stocks? | null | 6 comments | 2023-06-24 | I must admit first, i do fully understand leveraged stock, and a few months ago i bought 1 share of BOIL, pro shares ultra Bloomberg natural gas, at $6.75 honestly just because i had $7 and thought it was interesting.however, i no longer have that share in BOIL, and its 52 week low was $45, never going near $6.75. i saw it was $71 today and thought i made like $65, nothing crazy, just thought it was pretty cool. but i am left very confused instead.i apologise in advance for any ignorance on my part, as it is very possible i misunderstood what i was purchasing. and i appreciate any insight shared. | 2023-07-24 |
705 | 531 | Wagner revolt in Russia, possible catalyst for the near future? | null | 409 comments | 2023-06-24 | Considering the developments in Russia, if the war ends due to the reversal in fortune for Ukraine how will this impact the stock market?Rebuilding will begin, requiring massive raw material needs (mining companies, SBSW?). Almost certainly billions of aide will be pumped into the region for basic supplies, military equipment, farming consumables (fertilizer, e.g. ICL?), etc. Shipping companies would be needed to facilitate the effort (ZIM)?.Thoughts? You think it’s enough to edge us into a soft landing despite increased interest rates?Which stock do you think will be positively or negatively impacted? | 2023-07-24 |
706 | 74 | The AI productivity trap: how the 'Blockbuster Effect' may hurt your stock investments | null | 44 comments | 2023-06-24 | SummaryWhile AI presents vast opportunities for enhancing global economic productivity, it is important to acknowledge that not all companies will thrive or even survive in the face of this revolution. However, it appears that investors are presently embracing an overly optimistic outlook, assuming that virtually every company will automatically reap the rewards of this emerging technology.We currently live in the so called “knowledge economy”, a system that values intangible assets such as knowledge, intellectual property, and innovation as the primary sources of economic value. Knowledge acts as a potent business moat for established companies, making it challenging for competitors to replicate or access. Thus creating a strong barrier to entry in the market.The emergence of AI could potentially lead to a "knowledge democratization" phenomenon, gradually dismantling the barriers that currently protect business moats, and thereby impacting the valuations of many popular stocks. This effect, which I refer to as the "Blockbuster effect," entails a scenario where a disruptive technology benefits everyone except those who were initially expected to be the primary beneficiaries of such innovations.The actual postOver the past decades, the concept of the "knowledge economy" has gained prominence, emphasizing the significance of knowledge generation, acquisition, and utilization in driving economic growth and development. In this transformed economic landscape, the primary source of value has shifted from traditional factors like raw materials and physical labor to intangible assets such as knowledge, intellectual property, and innovation.Within this context, knowledge can be viewed as a valuable business moat. It represents a company's unique expertise, insights, or intellectual property that are not easily replicated or acquired by competitors, thereby creating a barrier to entry.Smaller companies and startups often face challenges in competing with larger corporations due to limited financial resources. They may struggle to invest in research and development, hire highly skilled professionals, or acquire advanced technologies, which can hinder their ability to develop and leverage knowledge-based assets. In contrast, larger corporations benefit from well-established networks, partnerships with industry leaders, and research institutions, granting them access to valuable knowledge, market insights, and collaborative opportunities. These advantages strengthen their competitive position.In my perspective, the modern corporate world is heavily influenced by the monopolization of knowledge. However, AI has the potential to bring about a paradigm shift by democratizing knowledge, which could prove detrimental to many well-established companies. If AI succeeds, it may enable smaller companies to compete with industry leaders in the medium term. In the long term, we might witness a guerrilla war where market leaders contend with numerous small or micro companies.In this hypothetical scenario, the global economy becomes highly productive, which is undoubtedly beneficial. However, increased productivity does not automatically translate into higher stock valuations, and the opposite may be true for many stocks currently traded. I refer to this phenomenon as the "Blockbuster effect" or the "Blockbusterization" of the economy, in honor of the defunct video rental company that was essentially rendered obsolete by the internet.During the late 1990s, computers and the internet were introduced as transformative technologies that would reshape the corporate landscape and enhance productivity, which indeed happened. The democratization of information brought about significant societal and economic changes. While many existing companies benefited greatly from this revolution, others became redundant or remained as struggling entities awaiting the next downturn.Blockbuster serves as a notable example. The internet greatly enhanced the productivity of the entertainment industry, benefiting society at large. However, it also swiftly eradicated Blockbuster's core assets and competitive advantages. For instance, Blockbuster had an extensive network of exclusive movie rental deals with major producers such as Warner Bros., Disney, and Paramount, which ensured early access to popular titles and fostered customer loyalty. However, with the rise of streaming platforms, many of these partners established their own direct channels, rendering Blockbuster's exclusive deals irrelevant. Other once-relevant moats, such as well-located stores and an extensive movie catalog, also lost their significance.Blockbuster stock performed quite well during the dot-com bubble and reached its all-time high in early 2002. Investors seemingly believed that Blockbuster could leverage its dominant market position and embrace the wonders of computers and the internet at the core of its business. However, it is unclear why they were so optimistic, considering that Blockbuster primarily served as an intermediary between studios and consumers, lacking distinctiveness beyond physical rentals. Investors seemingly failed to distinguish between the broader societal and economic impacts of technology and its specific implications for their investment.While Blockbuster is a prominent example, countless lesser-known companies and entire industries faced similar fates. The internet revolutionized entire layers of intermediaries that existed before personal computers and the internet.In my viewpoint, there seems to be a pervasive tendency to haphazardly incorporate the potential productivity gains driven by AI into the valuations of every company. This mirrors the past mistake made by Blockbuster's investors, who assumed that the mere greatness of a new technology for society and the overall economy would guarantee its benefits for their favored stocks or indices.Furthermore, it is crucial to delve into related matters that surpass the scope of this discussion. For instance, it is worth examining why there is a widespread belief that the "Magnificent Seven Stocks" will inevitably derive substantial benefits from, or even survive, the AI revolution. Additionally, one should consider the possibility that the true victors of the AI revolution have yet to emerge, transcending existing players in the market.My advice for the futureRight now we are getting bombarded with AI hype, FOMO and 90s like irrational exuberance, my advice can be summed up as follows.1-Exercise prudence when factoring in prospective productivity improvements into the current market leaders. This task is intricate and carries a considerable risk of filling your portfolio with overvalued stocks.2-Maintain an open-minded approach, acknowledging the possibility that many present-day market leaders could face redundancy or obsolescence in the medium or even near future, despite the overall stability of the economy and markets.3-Don't let AI distract you from important macroeconomic trends happening in the present hoping the irruption of AI changes it all. Same happened in the dot com era, people talked about this “new era” where even basic stuff like P/E ratios or the yield curve inversion were no longer relevant, but it was. God knows it was. | 2023-07-24 |
707 | 55 | Buying and selling pre ipo shares | null | 71 comments | 2023-06-24 | Anyone have experience with using company like Forge Global which allows you to buy shares in non public companies that expected at some point to go IPO ? Could be years until IPO. I looked into it and minimum amount to buy in is 100k worth of shares | 2023-07-24 |
708 | Vote | Hi, Reddit! I’m Master Sergeant Kristopher Tomes. I’m a PJ in the U.S. Air Force Special Warfare and have been a part of numerous lifesaving missions across the world. I’m looking for the best of the best to join our team. I’ll be answering questions on Wed, 7/26 at 12:30 p.m. CT. Ask me anything! | https://alb.reddit.com/cr?za=1Gt1sfyYrLzs5ZVvSaj363xLC6kmHIrRDkaZKBRwNGoX0Y-vZCpC6SNTQOQV2TZqzMmGw748VFFTNznrIwrofuC6sdxPt13w6Qak8mb8VOd_wL4tL6JRFzU5Tw5EJ4ck1DTVaRxplV9KlsezE-rB3_0DrWBMxzK-T7YHoyhisZL0gyjnUmJ4iFEbf8707UGUnDvXJ5XLJA2XsxSbIClvDaG8udgAVKrt9bq3BSzifAOJC7RFen99pjOyyJ61aUi8WzfEwm-FgP-gVEC6t__qR2yA8Rb3mHL7-F8je_EwRXXPMJZjCnBF5qKlXfvcHwNHpM6PpgRDahmXBUj5ChgBa3JhA37kPFKPmJpd8trh5hgam3zXnGxcIsORZEZlXhyF&zp=sr-Lhimi9MtWmPtxm-JfVZTJteoDZV57to_WZnt-83CTdpaY01P0I_8SFqwLg7YH82chNkrRWFd0zB05kUsL1cQor4bNq8N4SbZ4mc-H9Zb-WUIxzAB96HK4sme-snbA8CYj-5A35rZF_I54QdFtAazvx2OItlkj6cw1KhDbqmSnmR_Fs4DMLRJmakQYIAXscTDzm3-eHrVgkWeDgIJnDTvIPr7_SGajFfgS-0D6k2v7mFkvwg73W8az4SEp_V4lS9I9A-g18SHA0p33fbH6KnZ0azWx310EEegO8opYK3zVOfktNx5fO5vHNr75kPO2n05dz9H5noW54Zxz6g | 0 comments | null | null | 2023-07-24 |
709 | 58 | Starting to Regret Individual Stocks | null | 65 comments | 2023-06-24 | I have most of my holdings in Mutual Funds, but I acquired several stocks over the years that I thought looked good. But boy am I bad at that. All but one of them are down overall. I don't need to sell any time soon, but I just realized they are all tech stocks, and have massive swings up and down, its making me nervous. Should I wait for them to have a realized gain and then sell? do i continue to hold since its not a substantial part of my holdings, and try to not feel so stressed? Mutual funds make up a little over 80 percent of my holdings, while the rest makes up these stocks. GOOGL, INTC, MCHP, MSFT, WDC.and my 401k which is abysmal not included. | 2023-07-24 |
710 | 0 | Light up your portfolio with Shopify ($SHOP) or embrace the speed of success with Lightspeed ($LSPD)! | null | 3 comments | 2023-06-26 | Are you interested in Shopify or Lightspeed stock? Find out which one is the better buy today!Shopify ($SHOP) and Lightspeed Commerce ($LSPD) are two of the most popular Canadian tech stocks today. They both operate within the retail space, so there is a bit of overlap in these companies. Because of that, some investors may decide to only buy shares of one company. Here, I’ll discuss which one could be the better buy today.Background on these two companiesShopify is one of the largest players in the global e-commerce industry. It provides merchants of all sizes with a platform and many of the tools necessary to operate online stores. There are more than one million merchants that rely on Shopify today. This includes large-cap enterprises like Netflix.Lightspeed is a point-of-sale (POS) and e-commerce software provider. The company’s business can be separated into three distinct groups: apparel, restaurant, and golf. Within each group, Lightspeed offers a very different suite of solutions that could help small- and medium-sized businesses achieve their retail goals. SpaceX is among one of the most impressive businesses that have been reported to use Lightspeed’s services.Taking a look at each businessShopify is by far the larger of the two businesses, when it comes to revenue. In the first quarter (Q1) of 2023, Shopify reported US$1.5 billion in revenue. That revenue is driven by the millions of merchants that rely on Shopify’s solutions worldwide. One thing that investors should note is that Shopify continues to be led by its founder, Tobi Lütke. This is very notable because it’s previously been shown that founder-led companies tend to outperform stocks led by non-founders.Lightspeed reported US$184.2 million in revenue for Q4 2023 (these stocks have different fiscal calendars). Lightspeed operates in more than 100 countries worldwide and claims about 168,000 customer locations. Although Lightspeed is no longer led by its founder Dax Dasilva its current chief executive officer has been with the company for over a decade. That should give investors some reassurance that the company is led by a very capable individual.Background on these two companiesShopify is one of the largest players in the global e-commerce industry. It provides merchants of all sizes with a platform and many of the tools necessary to operate online stores. There are more than one million merchants that rely on Shopify today. This includes large-cap enterprises like Netflix.Lightspeed is a point-of-sale (POS) and e-commerce software provider. The company’s business can be separated into three distinct groups: apparel, restaurant, and golf. Within each group, Lightspeed offers a very different suite of solutions that could help small- and medium-sized businesses achieve their retail goals. SpaceX is among one of the most impressive businesses that have been reported to use Lightspeed’s services.Taking a look at each businessShopify is by far the larger of the two businesses, when it comes to revenue. In the first quarter (Q1) of 2023, Shopify reported US$1.5 billion in revenue. That revenue is driven by the millions of merchants that rely on Shopify’s solutions worldwide. One thing that investors should note is that Shopify continues to be led by its founder, Tobi Lütke. This is very notable because it’s previously been shown that founder-led companies tend to outperform stocks led by non-founders.Lightspeed reported US$184.2 million in revenue for Q4 2023 (these stocks have different fiscal calendars). Lightspeed operates in more than 100 countries worldwide and claims about 168,000 customer locations. Although Lightspeed is no longer led by its founder Dax Dasilva its current chief executive officer has been with the company for over a decade. That should give investors some reassurance that the company is led by a very capable individual. | 2023-07-24 |
711 | 684 | Disney is below $88 is this a good long term play? | null | 688 comments | 2023-06-24 | I understand that it’s dropped a lot coming out of Covid and also this huge woke battle with desantis, but would this be a good entry level? Wondering if I should buy some or maybe buy something else. I like the AI tech play, but I think there might be a pullback after the crazy run this year | 2023-07-24 |
712 | 0 | I’ve never invested or traded or anything of the sorts, and I’m naively trying to make £2.5k ($3k). I can’t spend more than 3 weeks on it | null | 94 comments | 2023-06-24 | Title is self explanatory, I wanted to get a job for a few weeks to upgrade my pc setup but after doing the math it would take me about 8-9 weeks of working every day (excluding weekends) of 8 hours a day to do it based on a generous pay per hour over minimum wage. Obviously that’s incredibly miserable (especially in the summer) so I turned to this. I probably sound like a total dumbass but I’ve been trying to get into stocks for many months now but too afraid and clueless to do so. Any help? | 2023-07-24 |
713 | 173 | Why I sold my Disney stocks | null | 276 comments | 2023-06-24 | Wrote this as a comment in response to another disney post, but I thought it'd be good as it's own post.I sold my disney stock because I feel the brand has not only grown fat and lazy, no longer trying anything new or bold, but in doing so they're going to lose their audiences.Let me explainMarvel put a lot of overpriced projects into production, thinking they'd maintain their current box office status, but audiences have wised up, and we're seeing ip alone can't sell a movie anymore, and WOM matters again, see guardians and antman 3. I feel as if they got a lot of freebies, but unless there's good word of mouth for their projects, they won't perform amazingly at the box office, and their budgets are insane so they sort of have to if they want to be profitable. Marvel has a lot of shows already planned out, and many movies still in production at varying stages, with the writers strike I really feel like they can't fix the poorly written ones before release with reshoots.Star wars Is an insane ip, but what are they doing with it? Only mandalorian has been massively successful, and the new trilogy soured public perception, and all the movies they've announced have been getting canceled or delayed indefinitely. Imo star wars could have a movie every 2 years but it's embarrassing they've repeatedly canceled stuff they're already announced, from TV, to movies.Also willow was apparently so bad it was removed from d+ and Indiana jones 5 was rotten? Lucasfilms needs new management at least.The live action remakes seemed to just be easy money printing, but the little mermaid showed that not only is it not the same anymore, not even a disney princess as iconic as Ariel is a draw.Elementals isn't doing well apparently and carries a hefty budget.As far as animation, they've cheapened their brands with streaming, the budgets are too high, quality mixed, and DreamWorks, illumination, sony, and even Netflix are running circles around them with animation, with cheaper budgets. Puss in boots having fantastic legs and doing better than lightyear is hilarious. Not to mention Mario's success clearly shows there still is a market for animation in theaters, just not Disney's.Finally, parks, imo, having grown up in Florida, Disney parks have declined in quality. Fast pass costs money, lines are absolutely horrendous, and every extra experience costs money. I feel like whenever I go I have to rigorously plan my day, and still it's mostly spent in line. Also I feel like there's very little new rides or attractions. Also the prices for rides are crazy. I've been to Disney sea in Japan, the only park not owned by Disney and it was phenomenal, Shanghai left a lot to be desired and Disney owns it. Also ticket prices are increasingly constantly with Less value imo.Compare that to universal orlando that's been trying to have a new attraction every year, put out some bangers in the recent years with bourne, velocicoaster, and Hagrids, the tickets are cheaper, but most importantly the lines are manageable and I can just pop in on non peak days and do everything I'd like with no planning or preparation, which would be an impossibility with Disney. Harry Potter showed that universal can be competition, and with the new park I think they finally might be a true challenger for orlando.Not to mention Mario as we've seen is wildly popular, but if universal ever has Pokémon in their parks? Game over Disney.Also DeSantis is literally threatening Disney constantly, doesn't seem safe.Unless Disney seriously overhauls some things, I don't see them getting better, I just see everyone else filling the vacuum and Disney becoming less of a powerhouse.Also I've got no actual professional experience, im just a florida local, and like following entertainment, you probably shouldn't give too much thought to any of this, because I could be wrong about stuff or just misunderstanding. I don't think I am, but hey, fair warning.Edit: I wanna say I sold before the recent low, just made this in response to another post about Disney. And Yeah, with my luck it'll probably go up a lot after I sold, so you're welcome for that. I was just sharing my thoughts about the position of the company. Never meant this to be my recommendation, just my own thoughts, I'm a dumb kid, y'all can stop commenting it. | 2023-07-24 |
714 | 31 | Dynamic SNP500 Allocation based on Moving Averages - Almost beat the market? | null | 14 comments | 2023-06-24 | Hey, I've been conducting research for the past month during my free time, which mostly consists of nights and weekends due to my full-time job. I understand that many of you may not appreciate the topic of my research, as it focuses on timing the market to beat it.However, I kindly request that you acknowledge the amount of time and effort I've dedicated to this research, and consider it as taking on the challenge of proving the claim you can't beat the market.Upvotes would be appreciated as they serve as motivating factors for me to continue sharing my works.The primary goal of this post is to initiate a discussion and invite criticism of my work. I won't be including most of the research that yielded poor performance, so I'll provide a TL;DR summary instead.I took SNP500 data based on this post. TL;DR of this post: I discovered a peculiar annual return pattern of the S&P 500 from 1880 to 2022. Upon receiving a link to the dividend per year during that period, everything fell into place and started making sense.In the paper Leverage For the Long Run, an alternative strategy to the traditional buy-and-hold approach for the S&P 500 was demonstrated. This strategy involved buying and selling based on the 200-day moving average line. The author showcased how this approach managed to reduce risk while maintaining a comparable annual return. Essentially, the strategy missed out on some upward trends but successfully avoided significant drawdowns such as those experienced in '87, during the dot-com bubble, 2008, etc.It's important to note that this strategy's ability to dodge these major drawdowns without any logical explanation can be attributed to pure luck. In reality, it reflects the effect of overfitting the parameters, particularly the choice of using a 200-day moving average, across the entire dataset.Actually, I conducted tests on the strategy using different moving averages such as the 100MA, 150MA, 250MA, and 300MA. However, none of these moving averages yielded satisfactory performance compared to the 200MA. It appears that the 200MA happened to be a fortuitous fit for the problem at hand.Furthermore, the author also noted that when the S&P 500 is below the 200MA, it tends to exhibit increased volatility.I tested and verified it, you can clearly observe that the green graph exhibits a wider spread, indicating high volatility. Volatile market periods can be extremely detrimental when holding leverage ETFs. Therefore, it would be immensely beneficial to have a probability function that helps avoid such periods.This line of thinking led me to consider imitating this strategy but incorporating a "smoothing" effect into the buy and sell function. For instance, when the index falls below the 10-day moving average (10MA), I would sell a portion of my portfolio (e.g., 95% in and 5% cash out). If it also drops below the 20-day moving average (20MA), I would sell more (e.g., 90% in and 10% cash out), and so on.I calculated this dynamic approach by defining the MAs to consider:ma_to_considers = [10, 20, 50, 100, 200]For each day, I calculated the X-day moving average by considering the previous X days. Specifically, for day number i, I used the following days:day_(i-10), day_(i-9), day_(i-8), day_(i-7), day_(i-6), day_(i-5), day_(i-4), day_(i-3), day_(i-2), day_(i-1).Then, I compared today's open price (using day_(i)['Open']) with this past moving average.This approach ensures that I am not using any future information, as it solely relies on historical data. It's worth noting that this method significantly affects the performance of the strategy.Here is an example of how the holding weight is calculated using a linear weighted average:For each day, I have a True/False flag for every moving average (MA), indicating whether the index broke that particular MA. Based on these flags, I calculate the 'holding_weight' as follows:When the index is above all MAs (nothing broke): holding_weight = 1 - 0/380 = 1 (100% invested, 0% cash out).When the index is below all MAs (broke every MA): holding_weight = 1 - 380/380 = 0 (0% invested, 100% cash out).When the index is below the 10-day MA: holding_weight = 1 - 10/380 = 0.97 (97% invested, 3% cash out).When the index is below both the 10-day MA and the 20-day MA: holding_weight = 1 - (10+20)/380 = 0.92 (92% invested, 8% cash out).This calculation of the holding weight allows for a flexible allocation strategy based on the current status of the index relative to the moving averages.Graph showing the holding weight in each timeHere are a comparisons of SNP (holding SNP) vs strategy (dynamic allocation on SNP), comparing the rolling returns with a window size of around 12 years.Excuse me for changing colors. In this context, blue represents the new purple, indicating that we are fully invested. As the color gets lighter, it means we are gradually moving away from the index and holding more cash.I can share every decade's plot, but you can get the pointDrawdown comparison -The strategy shows superior results over simply holding the SNP, while maintaining higher CAGR.MetricsSNPstrategyCAGR9.03%13.85%Maximum Drawdown-82.42%-33.31%Up until now, everything seems fine. However, when calculating the annual return based on a 30/10-year period, the performance appears to decline over time: ComparisonEvery point on the graph, show the average annual return u would got, if you had enter the market for X years investment.What about leverage? I conducted a simulation of SNPx3 using a borrowing cost of 6% and a commission of 1%. As a sanity test, I compared the simulated SNPx3 with the actual SXPL ETF, considering various rolling return periods.SPXL vs Simulation, using 1, 3, 5, and 10 years rolling return using both.When the simulated results underperform compared to the real SPXL, it's actually a positive sign, indicating that we are considering a "worst-case" scenario. "strategy_L" refers to the application of the strategy on the leveraged S&P 500.Please note that the holding weight is not determined by the leverage itself, but rather by the index itself.Rolling return comparisonDrawdown comparisonMetricsSNPstrategystrategy strategy_L( x3)CAGR9.03%13.85%37.44%Maximum Drawdown-82.42%-33.31%-75.60%Additionally, you can observe the same phenomenon here, where the annual return decreases as we approach more recent times.Annual return comparisonConclusionAlthough I didn't manage to beat the market, the performance of my research surprised me and led me to ponder whether it's possible to hyper-tune this approach. Is it feasible to modify the moving averages to be considered or adjust the weighting method? Additionally, incorporating other widely used indicators like RSI, Bollinger Bands, and so on is worth exploring.The concept of reducing risk and subsequently reintroducing it through leveraging is quite fascinating to me. | 2023-07-24 |
715 | 184 | What's your biggest non-penny stock gamble? (From a $NIO holder when it was 2$) | null | 281 comments | 2023-06-24 | I bought NIO at IPO, yes before the meme. Held a huge portion while it dropped to 2$. Kept holding, it went to $60 a share, i sold about 10%. Now I'm bag holding like a moron with my most of my portion.Quick lesson: If the stock gamble is absurdly high, sell, dont even think about it - or sell some. Was up over +400% just to give you some perspective of where I F'd up.Anyway....What is your biggest gamble right now? Just curious to hear from my stock bros | 2023-07-24 |
716 | 3 | Trade worldwide with a broker you can trust! Your capital is at risk. | https://alb.reddit.com/cr?za=F5fAnOrzVhJ21joGUMw8lcFw9PUGK2_-m8VPQQjSQI4eRhnSJInxh1hEkjLDjjolo1na5LWnoqAQGq6RhRsN4rtGmntQ8pzkXatJFHd7Q9pzX0NaLqt3j1D9z209nFn6m-ChI55NE2VrLWr2InrTFxTsGAID5WRgBQ28GRV70ka6dl2wi_HkxyMX3jXGq8GAu90aemsP2Vd1jjMGlS8vKNFuJZEzWAtnQhyPPuJq6FyyCxwRIQGPkUOQSQ3eE_zDFnFl-p_DBHtZaMfa0kZ2f7udtsiTbFMGQagh7DztLC3L1TC5UWElCsk1Jfmx8lJNh1F0fstkP89Yv1vaA6NAFeipnyTedhAiUujQgj1TiSXvfZTq57zPxOhn3OTQxSB7PGnt2Q8U&zp=2sBU6JQ-1mClzgdiyzEES_SKyilDR-3Y5DHP1gRNCZC3VMuWhufMeFmc_C89I_1dkMS8xeTMtC4XkAbBwiy7KxBBMycwx-RA3oBg1sUjA_YPwMPYjx3p58xhs94tpy2yJV_Uqh9S_SM9_pt3vKdgiNXcXVAfWEPumudedqcBroRLZl3csDKEABmrxSJyXQPnglU_KQWVBumEVncUYbFzc8ltGSfQizE5eH8A9sXZlWvT9UBN3pUGM5dlL6JK5_7D9j1mXw | 0 comments | null | null | 2023-07-24 |
717 | 5 | r/Stocks Weekly Thread on Meme Stocks Saturday - Jun 24, 2023 | null | 3 comments | 2023-06-24 | The meme stock scheduled posts will now run weekly and post Saturday afternoon and won't be a sticky; you're probably seeing this because automod sent you here!Full list of meme stocks here. This will be updated every once in a while.Welcome traders who just can't help them selves discuss the same exact stock that's been discussed 100s of times a day. I get it, you want to talk about what's popular, what's hot, and that 1.. single.. stock you like.. well here you go! Some helpful links just for you:Previous meme stock threadsGeneral discussionsThe original GME megathread with a ton of useful informationUse Finviz for aggregated news on your favorite stockAn important message from our mod u/TCGYT regarding meme stocks.Lastly if you need professional help:Problem Gambling: Call/Text: 1-800-522-4700 or chat online now.Crisis Hotline (24/7): 1-800-273-TALK (8255) (Veterans, press 1) or Text “HOME” to 741-741 | 2023-07-24 |
718 | 13 | /r/Stocks Weekend Discussion Saturday - Jun 24, 2023 | null | 85 comments | 2023-06-24 | This is the weekend edition of our stickied discussion thread. Discuss your trades / moves from last week and what you're planning on doing for the week ahead.Some helpful links:Finviz for charts, fundamentals, and aggregated news on individual stocksBloomberg market newsStreetInsider news:Market Check - Possibly why the market is doing what it's doing including sudden spikes/dipsReuters aggregated - Global newsIf you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.Please discuss your portfolios in the Rate My Portfolio sticky..See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. | 2023-07-24 |
719 | 6 | ARKF response in the week after the Fed interest rate pause | null | 8 comments | 2023-06-24 | Bought 283,996 shares of SOFISold 82,843 shares of SHOPBought 145,878 shares of HOODBought 16,902 shares of TWLOBought 13,990 shares of TDOCARKF tends to do better than the Indexes when people are willing to take on more risk. It has a 36.30% YTD return. There may be two more interest rate hikes by the end of this year, but ARKF should go up more significantly with the expected interest rate drop next year as investors' risk tolerance goes up with the lowering of interest rates.It is interesting to note that ARKF just initiated a position in SOFI, which is most likely related to the ending of the student loan moratorium with SoFi commanding ~75% of the private student loan market.Do you think ARKF is going to dramatically outperform the Indexes one year from now? What is your opinion on the choices ARKF made in the week after the Fed interest rate pause? | 2023-07-24 |
720 | 31 | "Is the AI-led 'F*cking Baby Bubble' Bursting? BofA Says Tech Stocks Just Saw Their Biggest Outflow in 10 Weeks." | null | 24 comments | 2023-06-24 | The current AI-led "baby bubble" could be seen as a positive or a negative depending on the perspective. On the one hand, it is a sign of progress and innovation, with technology giants such as Microsoft, Nvidia, Apple, Alphabet, Meta, Amazon, and Tesla leading the way. The stock prices of these companies have boomed this year, suggesting that investors are bullish on the future of AI.On the other hand, there are some who are warning that the investor hype for AI could be short-lived and that the market could be heading for a significant correction. Bank of America's Michael Hartnett has compared the current AI boom to the dot-com bubble of the early 2000s, where the Nasdaq Composite plummeted 78%. UBS's Art Cashin and veteran economist David Rosenberg have also drawn parallels with the dot-com bubble.Ultimately, it is difficult to know for sure whether the AI-led "baby bubble" will burst or if it will continue to grow and drive the stock market higher. It is important to remember that, while AI has the potential to revolutionize many industries, it is still a relatively new technology and there is a lot of uncertainty and risk associated with investing in AI-related stocks. As such, it is important for investors to do their due diligence and be aware of the potential downsides before investing in AI stocks.(https://ca.finance.yahoo.com/news/ai-led-baby-bubble-bursting-020103566.html)What lessons can be learned from the dot-com bubble that could be applied to the current AI stock boom? | 2023-07-24 |
721 | 528 | AAPL stock continues climb to $3T with new trading highs
Company News | null | 207 | 2023-06-24 | Apple stock (AAPL) recently bucked a year-long trend and set a new record-high closing price. Ten days later, investors are looking at a new intraday trading high as well as the highest closing price to date.
The company closed at $187.00 per share today after opening at $183.74 and reaching $187.04 during trading. That puts Apple at a $2.941 trillion valuation based on market cap.
Apple nearly became the first company to close with a $3 trillion company valuation in January 2022, but the peak high didn’t last through intraday trading. Apple would go on to lose $1 trillion in value by year’s end due to iPhone supply constraints bottlenecking sales.
And while Apple stock saw the company’s valuation hit the $3 trillion mark last year, AAPL still hasn’t closed with a $3 trillion company valuation.
Despite significant setbacks at the end of last year, it continues to look likely that Apple will close with a $3 trillion valuation in the near future. Apple is once again positioned as the most valuable company on Wall Street, with a $2.94 trillion valuation.
In terms of products, Apple is planning four new iPhones with USB-C this fall. The iPhone 15 and iPhone 15 Plus are gaining the Dynamic Island design introduced with the iPhone 14 Pro. 9to5Mac also has in-depth reporting on the new iPhone 15 Pro and iPhone 15 Pro Max. The latter iPhone is expected to be the first with a periscope-design lens system for enhanced optical zoom.
Apple Vision Pro, the company’s all-new AR/VR product, will hit stores in the United States in early 2024. The product carries a $3,499 price tag. Corrective lenses are sold separately. | 2023-07-24 |
722 | 0 | HELP: Moving assets to a Tax Advantaged Account.
Advice Request | null | 8 | 2023-06-24 | I have roughly 12k in JEPI and JEPQ that I foolishly did not consider buying under an IRA of some kind, just a plain stock account with TD (moved to schwab) Is there a way to move the assets into a tax advantageous account without selling and repurchasing? | 2023-07-24 |
723 | 156 | Most stupid reason you ever took a position in a stock
Meta | null | 556 | 2023-06-24 | We all know how stupid of a reason one can come up with to justify holding a stock but actually what was the most stupid reason you ever brought (or sold short) a stock?
If I remember all those funny stories I learned from others, how they made their money and were actually proud of, there must be tons of stories that are embarrassingly stupid if you think about it.
I was not part of it (I was a SAP pump and dump believer and participant) but I know back at the university there was this company outsourcing drawing cartoons and animated movies to Asia and went big but burned and crashed. The reason why a friend of mine lost all his money on this single stock was he enjoyed a trailer for a movie and went to buy this shit without any due diligence. I call that stupid.
So what is your story. I really want to see if I can group those reasons and get some rules out of it so that I do not fool myself one day needlessly.
PS: Again, only reasons to buy/sell short not how to justify holding it when you should no better. | 2023-07-24 |
724 | 2 | How do I read Bond Offerings, what do all the different numbers mean, Coupon rate vs Yield etc. | null | 13 | 2023-06-24 | Title says a lot.
Are these instantly redeemed as cash on the maturity date? Can I rollover the interest into the bond during the term or does it just pay cash?
Yield Price /$100 Coupon rate Rating (is high or low better?)
Basically how to buy a Bond and what do all of these numbers mean | 2023-07-24 |
725 | Vote | Um eine Terrororganisation von innen zu stürzen, gehen die Agentinnen Cruz und Joe undercover. | https://alb.reddit.com/cr?za=CtY8qP14vbg8VyKZH94PPDAhqU_Egp3Rhb9yHt48VKdUsvFEv1BG7fjl12bWnYUzlk80t_4q3IbEWGa42Frs03lYp3Df0XoQY0x4eZmIZDYNlIqHht-M1lFX7_GclHZeqiwzYS3411-6a7PQGVdXaQZU1dh5R-vfeXm9eKkoCu7CZ9ERc08Ud5S671f2YXvhDC9xj_0_y0NrkSFBkGcXwSPS-qw5RpQHNYxwEtT4JDIcqd1JT8RySvRklFfzVOAhC_kiggMI0rZnQk_Yd1Phof-35p0Fc3LeKojmz_b9FKNPJQZ_hkZCTMcXwDVd-h1BbtnKSRl4pAV5SKjWnXHfr265VReYHQZ-UnvLPuixOJfg_D4Hip671GD4Z-gz5sp2jJZ45g&zp=iXjMqmy4WO_OX202QxlIycIhdbOx1CDAB3ExLy8qI-F7Ha28sAB4zi5gmLmr29cSyq7Pv7knCxH1FNNQayWjxEUgo_x3gz6-KZTUFesL1K77iRObQzVCw6i55uCgw-2jjq-_uKuZ2HmY0nEPfbAQZegbGXEXGSjkzvCkWi0SKTCixc6ELf1yyDAyXP2lJJE- | 0 | null | null | 2023-07-24 |
726 | 249 | BofA says investors are fleeing tech stocks after ‘Baby Bubble’
Industry Discussion | null | 134 | 2023-06-24 | There are early signs of investors fleeing from tech stocks after a 1999-like rally formed a “baby bubble,” according to Bank of America Corp.’s Michael Hartnett.
The technology sector saw $2 billion in outflows, the largest in 10 weeks, in the five trading days through June 21, BofA wrote in a note, citing EPFR Global data. Investors exited with the Nasdaq 100 Index poised for its best half since the last six months of 1999.
The rally in US stocks stalled this week as investors digested Jerome Powell’s outlook on monetary policy. The Federal Reserve chair said more interest-rate increases may be needed this year, at a time equities have been climbing on hopes that rate hikes would end soon.
Hartnett said that although crowded positioning and strong investor sentiment aren’t an impediment to the fresh upside, there’s a bigger chance of a downside than the upside this summer. His team sees a maximum upside of 100-150 points versus a downside of 300 points for the S&P 500 before Labor Day in September.
Hartnett correctly predicted the selloff in stocks in 2022 but has been caught on the wrong side this year with his bearish calls.
Also this week, Chris Harvey, head of equity strategy at Wells Fargo Securities, said the market now resembles the tech boom of 1999 and 2000, which didn’t end until tighter monetary policy had roiled stocks. JPMorgan Chase & Co.’s Marko Kolanovic said US equities are in for a tumultuous second half of the year as the lagging impacts of aggressive monetary tightening by the Fed catch up to the economy.
To be sure, Hartnett said investors are “stuck in growth stocks,” like technology, because banks and commercial real estate still “have bad recession vibes, especially in light of renewed central bank hikes.”
Weekly asset flows highlights from BofA’s note include:
Among equity regions, US stocks had the first outflow in four weeks at $5.7 billion, Europe had $2.6 billion of redemptions and EM stock funds saw $300 million pulled out. Japan had $2.4 billion in inflows.
By style, US growth had $3.7 billion of outflows versus $200 million of redemptions for US value
For sectors, financials had the biggest inflows while tech and energy had the largest outflows | 2023-07-24 |
727 | 7 | Wall St Week ahead Lofty valuations on US stocks a growing worry for investors.
Industry News | null | 11 | 2023-06-24 | Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities more vulnerable to declines.
The S&P 500 (.SPX) pulled back for the week though it is up more than 13% since the year began, fueled by signs of moderating inflation, excitement over advances in artificial intelligence and growing appetite for risk.
Those gains, however, have driven equities to more expensive levels. The S&P 500 now trades at 19 times its expected 12-months earnings, well above its historic average of 15.6 times, Refinitiv Datastream showed.
Similar valuation levels have preceded periods of rocky performance. Historically, the S&P 500 has experienced a median drawdown of 14% over the next 12 months when valuations stand at current levels or above, compared with a 5% drawdown over a typical 12-month period, Goldman Sachs said.
"With valuations now pushing the outer limits of what we would think would be reasonable. ... We would be taking some chips off the table," said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute (WFII).
Catalysts that could cloud the outlook include unexpected weakness in economic growth, the potential for the Federal Reserve to be more hawkish than markets have priced in, and a rebound in inflation, investors said.
WFII recently downgraded the technology sector, which has led this year's S&P 500 rally, to "neutral" from "favorable," citing "unattractive" valuations.
Goldman urged investors to consider "downside protection" to their stock portfolios, though they expect the S&P 500 to reach 4,500 by year-end, or about 3.5% above current levels.
Valuations are even more stretched for the Nasdaq 100 (.NDX), whose 36% rally this year has dwarfed that of the S&P 500. The index trades at nearly 27 times forward earnings estimates, compared to its historical average of 19.3 times, according to Refinitiv Datastream.
The earnings outlook for the high-growth companies that make up the Nasdaq 100 is more tepid than in 2021, when the index also rallied sharply, making it more challenging to justify high valuations, said Michael Purves, chief executive officer at Tallbacken Capital Advisors.
Despite the index's towering gains, signs of weakness are emerging in technical indicators related to trends and momentum, Purves said.
"This whole wonderful momentum, FOMO trade, is starting to look a little long in the tooth here," he said, using the abbreviation for 'fear of missing out.' "This is sort of like a yellow warning light flashing."
Investors next week will be watching for more data on the economy's health, including key inflation data on Friday, as the second quarter comes to an end.
Market participants have cited other reasons for caution, as some tailwinds that have supported stocks in recent months may be sputtering out.
One of these is positioning: investors fearful of missing out on gains have loaded up on stocks in the last several weeks. A measure tracked by Deutsche Bank showed the highest investor positioning in equities since January 2022.
While the rotation into stocks has helped buoy markets, it has also left less fuel on the sidelines to power further gains.
"Light positioning should no longer be a tailwind for the equity market," Goldman's analysts wrote.
To be sure, there are signs the rally could run further. The S&P 500's over 20% move up from its October lows has convinced some investors that equities are now in a "bull market" phase, and history shows stocks tend to keep rallying after reaching the 20% threshold.
Areas such as industrials and materials have also outperformed this month, fueling optimism that the rally will expand beyond the handful of tech and other megacap stocks that have mostly propelled this year's gains.
A broadening rally "should make investors feel a little bit more positive," said Anthony Saglimbene, chief market strategist at Ameriprise Financial. But the index's quick burst above its short and long-term technical trend lines could mean a pullback is coming, he noted.
"From a near-term perspective, investors should expect stocks to just cool a little bit." | 2023-07-24 |
728 | 5 | Corporate Action - Spin Off | null | 9 comments | 2023-06-24 | I am from Canada and use an online broker called WealthSimple TradeA company I'm currently invested in (call it company $ABC) which is listed on the NASDAQ, is planning on forming a spin off company l $XYZ) sometime this year. The details are vague at this point but it was mentioned in an investor conference that current shareholders of company ABC might be granted shares in company XYZ as part of the deal.Question for me is, is there any action required on my part? Will the ticker for the new company just automatically pop up on my broker's app showing I own them?And furthermore what if company XYZ isn't listed on an exchange supported by WealthSimple? What will happen to my ownership rights in the new company? Will they pay me out in cash value?Has anyone been through this before? Any insight would be appreciated 👍 | 2023-07-24 |
729 | 23 | Das mit Spannung erwartete Einzelspieler-Weltraum-Action-RPG EVERSPACE 2 erscheint am 15. August 2023 für PlayStation 5 und Xbox Series X|S! 🚀🚀🚀 Jetzt mit 20% Rabatt auf PlayStation vorbestellen oder an Tag 1 über Xbox Game Pass spielen und beim Kauf 20% sparen! | https://alb.reddit.com/cr?za=zLrsPT9M6IhwkZTmDlhth5rFD4GGDLXPgs6yNJg9vs6O1a21Q8nSEx0OqVz_ccEU51Zc2TQiEIzTp3kT22XMUaKHjECO0Yb0A-siIBGRyfvzksw5ICKSqg7ovqHhb59VbYzhIxZ2-5k4BKtrFsaKRy-rLQ1wmi9xuCKfySGWjReFtN3c2TFDlEa1GMmYAaryHg6O4xVN7Wz4jyoeWojOEx1LPoFsxTd_0UITEia06kfj2mInMk3jt3NPADNbktKw3nKNB334x9-UlNkj3CW4xF6kWnT_QPd33Iu3CwOpoP58GkNE204x4tLhjQ9MELT2NzcYowbdWg4s6_WeZsUBbYk3qAEE4Fa5bRBQjJuCWXG2etr4LRrGG3osTwclng&zp=reLcjct6YTiJe3aGMoeNofvZkiauj8bBSUuRwlHqjVP9eHjNl9CZTVErbXu571F8ift9OKC7Bzydxol9oznv3gmlDAevV3Zm71xksME-uRY7ML4g1_ib64i-ZXwZj0cSsLTcojyZqO_hMySoSw3dVqqG6-7iug34klHmpfWzAknvMn0LPJU8cclckc8 | 0 comments | null | null | 2023-07-24 |
730 | 516 | "JPMorgan Warns of Recession and Elevated Risk of 'Unknown Unknown' Ahead of Year-End" | null | 270 comments | 2023-06-24 | .Negative:The economy is still on track to enter a recession within the next nine months according to JPMorgan, which puts the stock market at risk for a sell-off in the second half of the year. The Federal Reserve has not started cutting interest rates, which could lead to a recession at the end of this year or beginning of 2024. Stock market valuations have surged in recent months, which could lead to a painful bear market if JPMorgan’s expectation of a recession materializes. Investor positioning in equities has surged amid growing “recession fatigue”, which could lead to a lack of confidence in the market. The CNN Fear & Greed Index is in “Extreme Greed” territory, which could lead to a false sense of security. There is always the potential for a surprise black swan-type event that could disrupt markets and send stock prices lower.Positive:The stock market has surged about 14% in the first half of the year. The Federal Reserve has not started cutting interest rates, which could lead to a delay in a recession. Investor positioning in equities has surged amid growing “recession fatigue”, which could lead to a feeling of security in the market. The CNN Fear & Greed Index is in “Extreme Greed” territory, which could lead to a false sense of security. There is always the potential for a surprise black swan-type event that(https://ca.finance.yahoo.com/news/recession-coming-end-stocks-struggle-002653253.html)What strategies can investors use to protect their portfolios from the potential risks associated with a looming recession? | 2023-07-24 |
731 | 8 | Are there more stocks trading then stocks originally issued | null | 15 comments | 2023-06-24 | Given the nature of naked shorts plus the issue of perhaps buying from a short and then your share is lent out lent out to another short... does this not lead to a massive increase of shares overall?So does anyone do a simultaneous audit of all holdings of MMs so see the true situation? | 2023-07-24 |
732 | 3 | Why does Temu ($PDD) offer unbeatable prices that even Aliexpress can't match? | null | 16 comments | 2023-06-24 | I've been curious about Temu's pricing strategy and how they manage to offer such unbeatable prices compared to Aliexpress.I've noticed that Temu doesn't have a group buying feature like Pinduoduo ($PDD), but I have a theory. I think Chinese consumers use Pinduoduo for bulk deals, and Pinduoduo keeps the excess products in their own or seller warehouses as credit. Then, they ship these products internationally through Temu.I'm really intrigued by this and wanted to ask if anyone has more insights or information on Temu's business model. Could this be the secret behind their low prices?I'd love to hear your thoughts and experiences on this topic! | 2023-07-24 |
733 | 106 | Is Disney (DIS) worth holding? | null | 246 comments | 2023-06-24 | Bought near the end of January, down over 15%. My reasons for buying were that I thought that the stock was undervalued with a significant moat and that it had significant upside if Disney+ turned a profit.However, I'm wondering if it's still worth holding for the longer term or should I pivot towards AI/tech stocks which have outperformed within my portfolio.Any thoughts would be appreciated, looking to discuss.Thank you! | 2023-07-24 |
734 | 0 | Lowe’s foot traffic on a Saturday is dead | null | 39 comments | 2023-06-24 | I’m at Lowe’s on a Saturday @2pm for a kitchen design appointment and this place is a ghost town. Has the economy started to soften already? I know it’s just 1 day at 1 Lowe’s but I expected it would be a mad house. | 2023-07-24 |
735 | 0 | How do you turns stock into cash? | null | 43 comments | 2023-06-24 | Lets say I have $1 millions in stock. No dividends and I don't want to sell the stock. How would I buy things? I am trying to understand how you buy expensive items without liquidating your investments. | 2023-07-24 |
736 | 34 | r/Stocks Daily Discussion & Fundamentals Friday Jun 23, 2023 | null | 291 comments | 2023-06-24 | This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post.Some helpful day to day links, including news:Finviz for charts, fundamentals, and aggregated news on individual stocksBloomberg market newsStreetInsider news:Market Check - Possibly why the market is doing what it's doing including sudden spikes/dipsReuters aggregated - Global newsMost fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports. Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well.See the following word cloud and click through for the wiki:Market Cap - Shares Outstanding - Volume - Dividend - EPS - P/E Ratio - EPS Q/Q - PEG - Sales Q/Q - Return on Assets (ROA) - Return on Equity (ROE) - BETA - SMA - quarterly earningsIf you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" and click the Investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.Useful links:Investopedia page on fundamental analysis including Discounted Cash Flow analysis; see definition here and read their PDF on the topic.FINVIZ for fundamental data, charts, and aggregated newsEarnings Whisper for earnings detailsSee our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. | 2023-07-24 |
737 | Vote | Verliebt, verkatert, hyped oder entspannt. Das Radio SRF Virus ist live mit dir, für alle deine Moods. Mit unseren fünf Hosts mit fünfmal mehr Charakter. Jetzt reinhören und mitreden. | https://alb.reddit.com/cr?za=jfsQq9S1KbfVYK17BqsMQcUwiDNtYMFaZthY1MQEoevkDLUdC4PFsjmtfUc1Sgsl50e0lt0bzgY2EQsfTQUAp-r6krto2dbcmPLsfmp8an_1omWwRkq4ir9l6ziRPW9_KOdKr63VDrzFG77wu6tjqIkNH6Q0uq4q0PW4aHvLuBYAc7gD3_z-0sXBrwNoiHTbeM7YaT8CIgR9zlgPyFX83S8grVIwfh6ba6joHQEkjrjSAbKJ3RY_XOZiIGNXyCWjfzI7keo3j4GqLYY7fEIri4H5PbRsPt9puQgk7Ptg133B9IA0ed_2FzyQWLvQD5NqXYIVZxD-VAEg-auwkIhLmprQTnBibtdM16oPOLUSvg_6kPJFnj8mVS-d_lldGjuf&zp=qO1D1MAPSFzT-hO1T4hFA_cGXZotNaoLg7wRATFVusrCLRCR0SXeOEAUsIh1t1-elPSBQemGig3FRXY0iI5BZp_oP3XC8oXuPPXwx8B5eyXcdK5ed3q7NLiYC-Ok_y7e4oElojrbsW_YeTaNbON-Ulfmct9woqxsW1H-mAn5DM4ZiijJ__R5wnQ9zm-7ou3CZdwrN0iUNeb4jdDM6hhLRU0aCCON97mItFiJ6ZXvMml8K_Sw7JaqnGtVFXt3w7PX612bKqTEew | 0 comments | null | null | 2023-07-24 |
738 | 612 | US to lend $9.2B for Ford battery plants in clean energy push - Record loan from Department of Energy to help fund new factories in Tennesse | null | 112 comments | 2023-06-24 | https://www.ft.com/content/f473adc6-a187-4297-b4fe-1c22c613f1b1A Biden administration loan office plans to lend a record $9.2bn for electric vehicle battery factories being constructed by carmaker Ford and South Korea’s SK On, as Washington pushes to develop domestic supply chains and reduce industrial reliance on China. The conditional loan from the US Department of Energy is part of a clean energy investment push by the federal government that was supercharged by last year’s passage of the Inflation Reduction Act.Ford and battery maker SK On are building three new factories, two in Kentucky and one in neighbouring Tennessee, to supply Ford’s growing line-up of EVs. The $9.2bn loan is the single largest investment in the two-decade history of the Loan Programs Office, a formerly obscure division of the Department of Energy office that was given extra lending authorities under the IRA. “This effort supports President Biden’s Investing in America agenda to onshore and reshore domestic manufacturing of technologies that are critical to reaching the clean energy and transportation future,” Jigar Shah, the head of the LPO, said in a statement on Thursday.The three battery plants combined will enable more than 120 gigawatt hours of US battery production annually, according to the DoE.The energy from the batteries will displace more than 455mn gallons of petrol a year, according to the DoE — roughly 0.3 per cent of US gasoline demand. Ford and SK announced in 2021 they would invest $11bn to construct an electric vehicle assembly plant, battery factory and supplier in Tennessee, along with the two battery plants in Kentucky. The factories are part of the emerging so-called battery belt in the South of the US, which has also received a boost from $369bn in tax credits made available under the IRA.In February, Ford announced it would make batteries that contain technology from China’s CATL in a new $3.5bn factory in Michigan, a move that caused political backlash from some Republican politicians.But the company last month said it would scale back future investments in its China-based business, where it has seen its market share decline since 2016. The LPO issued $31.6bn in loans in fiscal year 2022, with estimated losses of about $1bn, well below the $5bn set aside for losses and a rate on par with commercial institutions.Earlier this month, the LPO announced a $850mn commitment to the battery maker Kore Power to build a plant in Arizona. Earlier this year it had offered a conditional loan of $2bn to Redwood Materials for a battery materials plant, and in April it offered a $3bn partial loan guarantee to Sunnova Energy for a solar and battery storage project. | 2023-07-24 |
739 | 29 | PayPal and SE | null | 51 comments | 2023-06-24 | SE -- is it the best e-commerce out there, certainly not. But I live in Bangkok right and shoppee is definitely the top "order from amazon" like equivalent here. Lazada backed my alibaba a close second. SE asia is going to continue to be a massive market for years to comePayPal -- ya nobody necessarily loves it, but will it go away anytime soon? Probably not. I'm in my 20s and venmoing friends is ubiquitous and nobody is migrating from venmo anytime soon. And yes paypal also obviously has an international presence (not so much here on asia)Potentially adding a speculative SE position -- and I also think paypal is being way oversold. Realistically I don't see another similar service that is going to supplant paypal in the next 10-15 years. I'm buying.Anyone else have any thoughts about these two? | 2023-07-24 |
740 | 184 | Canada passed a law compelling Google and Facebook to pay media outlets for links | null | 81 comments | 2023-06-24 | Now maybe im reading into it wrong, but the Wall Street Journal has an article as stated in the title that Canadian media will now charge a search engine to share their content. The whole idea seems completely absurd. And from the article, apparently something similar happened in 2021 with Australia so Facebook just blocked the media for a week until they caved. Google and Facebook are threatening to just block links to Canada if searched.This entire thing just seems backwards. Why should a host pay to advertise for another company. Pro regulators are claiming Google and Facebook control the media and are obtaining advertising revenue that would otherwise go to the media. Making them pay to post links would fix that by in a way returning lost revenue from the media advertising. If anything i think it would kill small media outlets that can't afford the pay to play scheme Google would become. US Senate judiciary committee approved a similar bill. If these laws become more widespread, it has greater implications for any business seeking to have any kind of online presence where the financial giants are the only ones you'd find.Am i "wrong" on this or is this just utter lunacy from slowly failing business grasping at whatever they can. When i go to events for my small business, The organizers charge a setup fee to venders to cover the venue and advertising, and i charge customers to buy my product. Venue makes money from me, and i make money from people who would otherwise not even know i existed.(Reddit would then take over as the news giant as users pirate content) | 2023-07-24 |
741 | 4 | Tracking Trade History | null | 1 comment | 2023-06-24 | I find it necessary for my mental trading health to track/log all my trades. Most experienced traders do this, and some platforms may even offer it as part of their interface (though I have a certain way I like things.)What works for me and could work for others is an excel sheet with built in formulas to track each of your trades, even adding notes to a trade about thesis, reason for entry/exit, mistakes, etc. to review in the future and continue improving.I separate my sheet into two sections: Derivatives (options) and Equities/LEAPS (I classify LEAPS with Equities because I typically hold them longer in order to sell calendar spreads.Derivative columns: Date of Entry - Ticker - Position Description (Strike/Call or Put/Covered or uncovered/DTE) - # of Contracts - Delta - Buy Price (negative value) - Sell Price (positive value) - Net Gain/Loss - ROI % - Assignment (Y/N). Assignment column is where I flag a cell for a note/comment stating thesis, mistakes, price action leading to gain/loss, etc.Equities & LEAPS columns: Date acquired - Ticker - Acquisition (assigned/purchased) - # of shares (or contracts if LEAPS) - Entry/assignment Price - Cost Basis (manual formula of entry price less CCs against) - Date Sold/Called Away - Net Gain/Loss (from acquisition price, not cost basis... cost basis is only for my own personal knowledge.)I also have side boxes tracking P/L over time for different ranges, as well as overall performance for certain strategies (for example: Tracking my performance in just SPY Iron Flies from 0DTE to 45DTE), which allows me to see which strategies are working and which strategies aren't.This has greatly helped me manage trades and look at past losing trades to better myself in the future. If you're new, I would strongly suggest to log trades in a similar fashion. Happy Trading! | 2023-07-24 |
742 | 0 | Short sellers are betting more than $1 trillion against US stocks after big run | null | 54 comments | 2023-06-24 | Total US short interest exceeded $1 trillion as of last Friday, S3 Partners data shows.The top five shorts are mega-cap tech stocks Tesla, Apple, Microsoft, Nvidia, and AmazonThat comes after big stock market gains so far this year.US short interest this month rose to the highest level since April 2022, as investors bet that the current bull run in the stock market is set to falter.According to data from S3 Partners, the amount spent by short sellers against US stocks hit $1.02 trillion, as of Friday. Those bets came even as they continued to rally earlier this month, costing short sellers $101 billion.S3 data shows that the top shorts are Tesla, Apple, Microsoft, Nvidia, and Amazon. As of Friday, their collective short interest topped $83 billion.The bearish sentiment results from skepticism about how much higher stocks can go. So far this year, the S&P 500 is up 13.5%, and the Nasdaq is up 29%.But since the Federal Reserve last week indicated more rate hikes are on the table this year, stocks have been on a losing streak.This year, Wall Street has been caught up in the hype over artificial intelligence companies, which saw their valuations skyrocket and have brought more investors into the market due to "fear of missing out."But big names have voiced divided outlooks on the AI frenzy. For instance, while Stanley Druckenmiller sees Nvidia as a stock worth holding for the next couple of years, short seller Jim Chanos has demonstrated skepticism towards the stock.Meanwhile, the prospect of continued hawkishness from the Fed has added to macroeconomic risks. A recent Goldman Sachs report put the odds of a recession in the next 12 months at 25% and warned a downturn could cause a 23% decline in the S&P 500.Still, if bullish investors win out, short positions could eventually support market gains, as a short squeeze forces more buying and boosts stocks. | 2023-07-24 |
743 | 7 | ETF VIXY, UVXY, and BOIL did reverse split today | null | 3 comments | 2023-06-24 | All reverse splits will be effective prior to market open on June 23, 2023, when the funds will begin trading at their post-split prices. The ticker symbols for the funds will not change. All funds undergoing a reverse split will be issued new CUSIP numbers.VIXYProShares VIX Short-Term Futures1:5UVXYProShares Ultra VIX Short-Term Futures1:10BOILProShares Ultra Bloomberg Natural Gas1:20 | 2023-07-24 |
744 | 17 | IonQ Increases 2023 Booking Projections to $50M Midpoint, Expects to Double Previous Year's Bookings | null | 11 comments | 2023-06-24 | IonQ, a leading quantum computing firm, has raised its 2023 bookings expectations by 25% to a range of $45 million to $55 million, aiming to double its bookings from the previous year. This increase in expectations is driven by a $28 million commercial transaction that will see IonQ install two future quantum systems in Europe. Despite this, IonQ does not plan to increase its revenue expectations for 2023, as it anticipates delivering the first quantum system in Europe after this year. Earlier in 2023, the company achieved its technical goal seven months ahead of schedule, and it has launched its Forte system for commercial use with notable customers like Airbus and Hyundai. IonQ will also be opening the first quantum computing manufacturing facility in the U.S., furthering its expansion efforts.https://ionq.com/news/ionq-raises-2023-bookings-expectations-to-usd50m-at-midpoint-anticipates | 2023-07-24 |
745 | 3 | Trade worldwide with a broker you can trust! Your capital is at risk. | https://alb.reddit.com/cr?za=75GXLmzUVPgd9DY-9hMJuVr89CSM3Zm3fsEwYX7Z5b2wt8iSXTSsXylGdttgGlKtqtQREKy7VyTeJpBDWfGHk3aYj76LJV3v3rIGJUsq2I1Wpz9Bnnhz0gLTlBng40hk08W_94mxzZcNKa0mBbg2ONstFYtv8WHS5qmCaxXeY-PP34NCLp9995FyUo2IU_CXJob5oixHYD_tXdUFqPrRqYlal3V_4J03YmreIQC3ojAMNffhl1bGXLLCadYGCKxIMYc-l1eZaL_9CIs88yRFBsIQke7yVtnHbEWRjKnbEtzS5vfSRJYQVEzgSGhmI7WIZDHbKRYUMC2TVqrRO80OeYeToYzbsLQSAxFv_8Ii69c8ugnVS_oUW_sgwSWWe0kX268fW47W&zp=fAi96_aDfQKCpWoFdUM1K-7ehb9RF-cO8vaOGr_r0QIThgP6w4pK7W2ML5alkSmgi8HRBAalfiCnZKEjRtLuJIYsXbydGkyVn7QnI1V9JJaXpYxjeA4069af5mBpHiMGBn1VbYvcfb9HDRbarN_mK2umh8a5ZTj5zmQN9_qXjMY_blDNVmvzQjuoG4rS1chi0YUBFV6zLJOD09G6S9Xv9YcUnRBvRsNYdOqYsLyYywjNq83CaVE6m4uLQkLoIzRVUvgfmw | 0 comments | null | null | 2023-07-24 |
746 | 647 | The Bank of England has increased rates to 5% from 4.5% - the 13th increase in a row. | null | 135 comments | 2023-06-24 | The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 21 June 2023, the MPC voted by a majority of 7–2 to increase Bank Rate by 0.5 percentage points, to 5%. Two members preferred to maintain Bank Rate at 4.5%.Source | 2023-07-24 |
747 | 3 | Charge Enterprises inc $CRGE | null | 6 comments | 2023-06-24 | Not an investor in individual stocks usually, long time lurker. Sorry if this is bad analysis. A couple months back I heard an interview of Charge Enterprises on their work in the EV charging industry and plan to corner the EV market, specifically charging infrastructure for dealerships. Did some research, probably not the best, but saw the company has bought up telecom and charging businesses, revenue is increasing, they are meeting their goals. They hired a team of experts and industry leaders. Looks like a solid company in a growing industry, despite being in the negative, they are on track for profit. I don’t have all source material here, but the article below covers some of it.https://www.forbes.com/sites/edgarsten/2022/08/15/charge-enterprises-sees-red-in-q2-but-its-rosy-to-ceo/?sh=45d810d17161There are also three buy ratings from analysts with a price range from 2.50 a 4.50. To be honest, I’m not sure how much to trust that.My question, why isn’t the stock performing better considering growth potential and price targets? Is there something about the company I’m missing? | 2023-07-24 |
748 | 0 | Block (SQ) dips more than broader markets: What you should know | null | 4 comments | 2023-06-24 | Block (SQ) closed the most recent trading day at $62.86, moving -1.95% from the previous trading session. This change lagged the S&P 500's daily loss of 0.77%. Elsewhere, the Dow lost 0.65%, while the tech-heavy Nasdaq lost 2.23%.Heading into today, shares of the mobile payments services provider had gained 8.11% over the past month, outpacing the Business Services sector's gain of 2.91% and the S&P 500's gain of 4.66% in that time.Block will be looking to display strength as it nears its next earnings release. On that day, Block is projected to report earnings of $0.37 per share, which would represent year-over-year growth of 105.56%. Our most recent consensus estimate is calling for quarterly revenue of $5.1 billion, up 15.69% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.71 per share and revenue of $20.59 billion. These totals would mark changes of +71% and +17.43%, respectively, from last year.Any recent changes to analyst estimates for Block should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, i can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 41.86% lower within the past month. Block is holding a Zacks Rank of #3 (Hold) right now.In terms of valuation, Block is currently trading at a Forward P/E ratio of 37.55. This valuation marks a premium compared to its industry's average Forward P/E of 23.06.It is also worth noting that SQ currently has a PEG ratio of 1.88. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Technology Services stocks are, on average, holding a PEG ratio of 1.63 based on yesterday's closing prices.The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 105, putting it in the top 42% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. | 2023-07-24 |
749 | 66 | Is AstraZeneca healthy enough for a long term hold? | null | 8 comments | 2023-06-24 | Due to geopolitical tensions, AstraZeneca is considering spinning off its operations in China and listing a separate division in Hong Kong. However, there are no confirmations from the company itself and it may ultimately just remain a rumor.In their results presentation, they mentioned 10 potential blockbuster chances related to their success with novel medicines. Since then, Tagrisso's phase three trials for the treatment of non-small cell lung cancer, the most prevalent kind of lung cancer, have shown promising results. With 38% of AstraZeneca's projected sales coming from the treatment of cancer, this industry is already the company's strongest.Farxiga has also received US approval as a therapy for heart failure. It has managed to improve the performance of the cardiovascular, renal, and metabolism [CVRM] division, which is the second largest contributor to the company's revenues and has already demonstrated strong growth of 32% YoY in Q1 2023. This is encouraging for the company's growth in general, given that the US accounts for 42% of its overall revenues and is its largest market.Without a doubt, AstraZeneca continues to be a market-leading pharmaceutical business with expanding revenues, steady earnings, and a promising therapy pipeline. This is further supported by its estimate for 2023, which anticipates solid revenue and profitability growth.This suggests that it can hold investors in good stead over the long term. It has already proven itself in the past. Over the past five years, the asthas nearly doubled investors' money despite all the ups and downs that have occurred in between.https://www.reuters.com/business/healthcare-pharmaceuticals/astrazeneca-planning-china-business-spin-off-ft-2023-06-18/ | 2023-07-24 |
750 | 0 | Apple stock could soar 37% to a $4 trillion market valuation by the end of 2024 after confirming a key breakout to all-time highs
Company News | null | 59 | 2023-06-24 | Apple stock could see big upside ahead after it confirmed its breakout above the prior record high of $183, according to Fairlead Strategies.
Shares could jump 37% from current levels to $254 by the end of 2024.
"The uptrend [in Apple] shows no counter-trend signals yet," Fairlead Strategies said.
Apple stock decisively confirmed its breakout to new record highs on Friday, and that could pave the way for more upside into 2024, according to a Friday note from Fairlead Strategies.
The firm highlighted that with Apple stock trading at $187 Friday afternoon, the stock is poised to close above its prior resistance level of $183 for the second week in a row, confirming a decisive breakout.
This "bullish long-term development" generates a new price objective of $254 per share for Apple, representing potential upside of 37% from current levels. A rise to that level would give the iPhone maker a market valuation of about $4 trillion based on today's current shares outstanding of 15.79 billion.
"The breakout yields a measured move objective of about $254 using the Covid/2020 corrective low as a point of reference," Fairlead Strategies' founder Katie Stockton told Insider on Friday. "The 'measured move' assumes that the uptrend that preceded the 2021-2022 trading range has resumed."
Stockton identified the end of 2024 as the timeframe for the technical price objective to be reached, and noted that the stock's uptrend looks poised to continue in the short term.
"The uptrend shows no counter-trend signals yet. When a pullback develops, initial support is at the rising 20-day moving average... although a pullback does not appear imminent," she said. The 20-day moving average for Apple stock is currently around $181 per share.
Apple stock has surged 44% so far in 2023 and has driven the bulk of the S&P 500's year-to-date gain of about 14%. The company recently announced its first product in the AR/VR market, the Apple Vision headset, which will sell for $3,499 when it is released early next year.
Apple's current valuation is about $2.96 trillion, and it's set to cross the $3 trillion threshold if the stock price hits $190.73, which is just over $3 away from current levels.
https://finance.yahoo.com/news/apple-stock-could-soar-37-025215024.html | 2023-07-24 |
751 | 4 | Real estate stocks that just straight up rent out apartments? | null | 4 | 2023-06-24 | Hey y’all! So basically I’m looking for real estate stocks that straight up own and rent out apartment buildings. My logic is that higher rates with sticky housing prices is going to force a lot of people into the rental market and rents will stay high. So far I’m invested into Camden Property Trust. So I was wondering if anybody has any other recommendations? Moreover, looking mostly toward the Southeast and Texas to follow population growth patterns. | 2023-07-24 |
752 | 0 | Disney is a buy
Rule 3: Low Effort / opinion / not discussing stock | null | 43 | 2023-06-24 | Today I (32) saw the movie Elemental with my brother (35) two five year olds and a six year old. It was terrible. The first Disney movie I’ve seen in probably a decade that didn’t hold my interest and, more importantly, didn’t make me cry.
The kids, however, LOVED it. It sucked. Rushed plot line, lack of character depth, and seemingly lack of effort overall. But they still loved it. Which means we’ll be watching tons of times on our paid Disney+ app.
I constantly see negative comments and posts about Lucas films and marvel. Adults seem to be unenthusiastic about anything that Disney puts out currently regarding the two brands. BUT still keep tuning in.
I work in the school system and the obsession with marvel, specifically Spiderman, and Star Wars (almost alway baby yoda) is mind blowing. In a class of 20 kindergarten students, five or more will wear tshirts with these brands daily. With most who have yet to even seen the movies or series. And the product usage only gets more abundant with age. Backpacks, lunchboxes, water bottles, plushies, clothing… dominated with Disney brands.
The brand is a pilar in American families regardless of if they want it or not. My own children have never watched a film or show with Mickey or Minnie as a character but can can identify both. We made sensory bottles in class this week. One of the bottles was a nice color blue which immediately became the Elsa bottle (10 years after frozen release, four from second movie) My students weren’t even born for first movie and were babies for second and the obsession is still rampant.
And this is just retail. I know tons of families who are tight bholes about television use in household, but taking kids to Disney isn’t even questioned.
POINT BEING Disney negativity is from adult population which IMO is heavily outweighed by the youth, MADLY obsessed with Disney products and brands (which they have zero knowledge is owned and produced by)
Disney is not going to fail. Even when they fail us before our eyes, the youth loves the fuck out of everything they put out. And seems as if they outnumber us adults. I could say more about the company and such, but my intention is to share a view that isn’t based around adults and how they feel about the products.
And Omg oh yeah… BLUEY.
—edit point. This post is just to give alternate view. Adults not being into Lucas films current production releases is not indicative of Disney corporation. Kids outnumber adults. Whatever is trending in toys and clothing parents are buying.
I hear y’all. The scope related to this stocks value is extremely large.
This is just small component meant to question the idea that ‘Lucas films and/or marvel is going downhill’ and therefore Disney is failing argument. | 2023-07-24 |
753 | Vote | Um eine Terrororganisation von innen zu stürzen, gehen die Agentinnen Cruz und Joe undercover. | https://alb.reddit.com/cr?za=QKOFwVG9eO3xRsyD1H0cjqAW9SeqvNTwwpoUyMb2uloHQWTQ1IOBg232BMSTs5pluE7z3j0qdH8TrOAJi-a3z3vB7XyfCzK8mGN8lzac8Xwdx_zZveIKLY5oXfwH10kT6hAsQ13g3T9VqeHUCfus8v8OktErqAkduizjT43JQwFfpxYDbj7jhPXgfSDHGo0babJLt8WpkicskhNMXVbgPgK3xed8XmZ43l9AgnpEj8JGK9zvt8GK8SRkTr4jeAPm5JWFiTQ5lvLsrU896yvjMRjG9G7dXuFfMKuHyTddZtSGvaN3JvtUG_j4wtbP506S7lkvjGPpiJTNfKBYvISMHqV49L2In6nmryygSz08v2VAtAB8IMDyZIRoYgC30ouildBVKA&zp=Kc5yDGEmKRXq0RO0TYZMPQvhK0PyjEZrKYiZwBeTCu32tquPfmPzi58hI_0k9E7KsVjy2atnqzUu7B_xX2uUZy6wiYM8rRaSPGpPblCoFI68UCWPrzigojF3N9esuSE3x5TWqJezQUnBW3bV7_jBAb5aIvHBukfpTTqTWJG9F8Xwcg6pAJKFwZMw4CvughLX | 0 | null | null | 2023-07-24 |
754 | 0 | Reverse stock split questions
Advice Request | null | 4 | 2023-06-24 | Today I received an email saying a reverse stock split has occurred and will affect my options contract. It says my call now has a $14 strike with the underlying now valued at $20. Before the split it was way out of the money. Am I missing something? Can I not just exercise it and profit $600?
Stock is UVYX | 2023-07-24 |
755 | 140 | Tech leads stock dip as Powell points to more rate hikes
Industry News | null | 41 | 2023-06-24 | Stocks finished lower Wednesday as Federal Reserve Chair Jerome Powell indicated to Congress there could be more rate hikes this year.
The S&P 500 (^GSPC) finished down about 0.5%, while the Dow Jones Industrial Average (^DJI) slumped by 0.3%. The Nasdaq Composite (^IXIC) led the way down, falling over 1.2%.
"Nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year," Powell told the House Financial Services Committee hearing Wednesday.
The remarks stuck to the script of the Fed's forecast of two more rate hikes this year.
Separately, an unexpected spat flared up after President Joe Biden called China's President Xi Jinping a "dictator" on Wednesday. That's seen as undermining efforts by both sides to rekindle relations between the US and the world's second-biggest economy.
https://finance.yahoo.com/news/stock-market-news-live-updates-today-june-21-2023-103345740.html | 2023-07-24 |
756 | 9 | How should amount of capital affect investment strategy?
Trades | null | 15 | 2023-06-24 | I’m curious say three different investors have 25,000, 250,000, or 2,500,000 respectively available to invest. How would that affect how or what stocks they might purchase? Or is it merely about percentage gain and that means they should use the same approach? | 2023-07-24 |
757 | 34 | Spaxx (sit in brokerage account) 4.75% interest or risk SCHD 3.80% dividend? | null | 52 comments | 2023-06-24 | Having recently learned that keeping money in my fidelity account pays an interest rat of just under 5% a year (distributions come in monthly) I've been thinking of putting more money in my account and not investing it in schd. Holding it in my bank account pays nothing.With schd sort of flat and paying less on dividend, are you guys putting any into spaxx and letting it sit? almost $50 a year for $1000 with little risk. Trying not to continue squander my money to inflation and grow it a little. | 2023-07-24 |
758 | Vote | Der flinke, drehmomentstarke Inductor – das elektrische Mountainbike deiner Freiheitsträume. Jetzt bei Pedal & Metal Cycles erhältlich. Und: Mitglieder bei GTA+ können sich die Penaud La Coureuse bei Legendary Motorsport kostenlos holen. | https://alb.reddit.com/cr?za=pC5MvZHbk1NOVBRTjHDd_6BHV2oRX2-xInPNBn3-So8TA5BqCu6Dic7sWZdqE_yXYzbeCusEw81QVIpl9kfSxuLch_mMBHXppyjdCS0KhiBPw0W2nSmZjBlp132_x7wLTodI5EoZXjA90YM6chAJqZhCGJbcMx7zOIapjGuL1anGu4vZNL0d2Yqyl5dMf_iesml28N9EPQYQN72jw1hDAm3KVBj7hw6ZkwW6QX9oGowkardw6BtwWJJZJ4eF1dheEbKzMA3e451uMirLaM25RS5w2R4uRytye9DlwFWO3l2vnQSgLhATP7Fr-LZmfAV38NfdJtQL9LvrukCKQnP0mhofu4uKf12AwS4dValoWgJghigzWb43ukdmF16xG7Y1pQ&zp=Sujy3bmEJGn6D4sGXgPluRda2X90S_C5Y0IE_Dp9zvbn7ddWP9z8ge1qweLxCK6HsqEPmdNcJgoebh_1Jpog0CY3phAXVRhDCKXobNcVoaF0QUPNRuowYRsWoE_g5sSnEeSOKOeUhuZVPP2jazP7qvVPTLfBs87bmXZmVO55SFGT6z20kM9HmqIjtfOQVVOMPVivZb38qYOXDwcDJQisUkRxS2NViIMkpxEKYKIwqgaSbxgWLf-ZHAhwyqwKi-OCeUv7pTwhEiECgEyBeBXdNfEqSGV0sAPute-xl4_1Pw0ojF3nwG7_YX3Uop5TnofGFeWKKPWrwfIoZ8xCwQ8SLJRzJwcvgse-zIFeE1iig9bO-I-yWaSQM0yiTRlWCXVitAZDcty7UpB0Bfm91ria3QiSdgbP3A | 0 comments | null | null | 2023-07-24 |
759 | 212 | Intel stock drops 6% as company updates chip manufacturing plans | null | 96 comments | 2023-06-24 | Intel stock dropped 6% Wednesday after the company gave investors an update on the company’s turnaround plan to become a foundry competing with Taiwan Semiconductor Manufacturing Company.Intel’s new reporting structure could help control costs at the chipmaker, which is seeking to trim as much as $10 billion from its costs over the next three years.Other chip stocks also fell Wednesday amid a down day for tech stocks.Intel stock dropped 6% Wednesday after the company gave investors an update on the company’s turnaround plan to become a chip manufacturing company competing with Taiwan Semiconductor Manufacturing Company.Wednesday’s update featured Intel’s Chief Financial Officer David Zinsner explaining how the company would soon change the way it reports its financial results to give its foundry business, known as IFS, its own profit-and-loss statement, which would reveal the company’s manufacturing margins.Intel’s new reporting structure could also help control costs at the chipmaker, which is seeking to trim as much as $10 billion from its costs over the next three years.The update comes as investors continue to assess Intel’s turnaround plan under CEO Pat Gelsinger, which depends on catching up with TSMC’s manufacturing technology by 2026, a plan it calls “five nodes in four years.” Intel plans to use its own chips to work out problems in its manufacturing before opening the factories to third-party companies.If Intel catches up with TSMC, then it can compete for contracts to build high-performance chips from companies such as Apple, Nvidia, and Qualcomm, which don’t run their own manufacturing and currently often opt for TSMC or Samsung manufacturing. Intel said it expected to announce a key customer for its foundry business later this year.“The manufacturing group will now face the same market dynamics as their foundry counterparts,” Zinsner told analysts. “They’ll need to compete for volume through performance and price as internal customers will have the option to leverage third-party foundries and to attract external foundry volume, they must do the same.”Wednesday’s update was focused on how Intel would use its manufacturing capabilities for its own chips. It said more updates on the foundry business and third-party customers would come later this year. Intel also said its own chip needs would contribute $20 billion in revenue to the unit next year.Analysts on the call worried about Intel’s gross margins and asked how this plan would increase them. In April, Intel said its gross margin for the first quarter was 38.4%, down 51.3% in a year. Intel management said Wednesday it was shooting for 60% margins.Separately, Intel said Wednesday that it planned to sell 20% of an Austrian subsidiary, IMS Nanofabrication, to private equity firm Bain Capital in a deal that valued the unit at $4.3 billion.“This will turn out to be one of the best acquisitions we’ve ever made, given that level of valuation and investment made,” Zinsner said Wednesday.Other chip stocks also fell Wednesday amid a down day for tech stocks. AMD, Intel’s chief rival, fell nearly 6%, while Qualcomm fell more than 3%. Nvidia, which has been boosted by the recent artificial intelligence wave, fell less than 2%. | 2023-07-24 |
760 | 29 | MongoDb stock | null | 26 comments | 2023-06-24 | Anyone else think this company is ridiculously overvalued at near $400? The CEO kept repeating AI in the last earnings call and pumped the price.. I have 50 shares that I bought when it was under $200 but looking at the way these guys are hyping AI makes me want to sell and get out.. your thoughts please? | 2023-07-24 |
761 | 10 | As wide as ever! | null | 5 comments | 2023-06-24 | “For the second half of the year, the range of potential market outcomes has never been wider.”It’s been a crazy first half of 2023 as we get close to end of Q2. The Fed raised interest rates at 4 of its meetings this year, corporate earnings have declined for two consecutive quarters year-over-year (don’t worry, we “changed the definition”), a regional banking crisis led to the collapse of SVB, Signature Bank and First Republic, debt ceiling negotiations in Washington nearly led to a default on US government debt and geopolitical tensions in Europe and Asia are ongoing. Oh yeah, and we printed 13 trillion dollars from a global pandemic, which is a 35% in total money in circulation.But the S&P 500 is up nearly 14% so far this year.What are your thoughts on the 2nd half of 2023? Elon Musk feels very confident a recession is coming. JP Morgan and Wells Fargo have analysts predicting a new bull market is just beginning.What a time to be alive. | 2023-07-24 |
762 | 0 | "Unlock Your Retirement Dreams With These TFSA Investment Opportunities - 3 Stocks to Consider" | null | 2 comments | 2023-06-24 | While these three stocks offer a great way to unlock your retirement dreams today, there are some potential negatives to consider. For example, RioCan Real Estate's reliance on retail tenants means that it could be vulnerable to the e-commerce trend. Bank of Montreal's U.S. expansion could also expose it to a different set of risks. And TransAlta Renewables is heavily reliant on government subsidies.That said, the potential rewards far outweigh the risks. These stocks offer investors a reliable income stream and upside potential. With the right strategy, investors can unlock their retirement dreams today and enjoy a comfortable retirement tomorrow.(https://www.fool.ca/2023/06/23/unlock-your-retirement-dreams-with-these-tfsa-investment-opportunities/)What strategies can investors use to maximize their returns from TFSA investments? | 2023-07-24 |
763 | 14 | ELI5: High Dividend Stocks (specifically JEPI) and how they play out over 5+ years | null | 19 comments | 2023-06-24 | So I REALLY want to move a sizable portion of my Money Market to JEPI for the dividends, but I can’t help but notice over a 5 year chart (of a lot of high dividend paying etfs) there seems to be a absolute decay in value over time (granted smaller with JEPI); so is there a term for this long term depreciation? Is it a calculated thing? Short of a second market crash, how do these style stocks usually fit into a higher-value investment portfolio? Can anybody ELI5? | 2023-07-24 |
764 | 970 | FTC Sues Amazon, Alleging it Tricked Consumers Into Signing Up For Prime | null | 149 comments | 2023-06-24 | Saw this today in my news feed:https://amp.cnn.com/cnn/2023/06/21/business/ftc-sue-amazon-prime/index.htmlI have stock in Amazon. This is anecdotal, but, I generally like Amazon, but whenever I place an order, I have to make sure I’m declining their attempts to lure me into prime, which I understand is really hard to undo from what some friends have told me. I didn’t expect a law suit over this, though. | 2023-07-24 |
765 | 2 | Best stock screener that allows you to filter by upside/downside potential? | null | 17 comments | 2023-06-24 | Looking for a good stock screener that allows you to filter by potential upside/downside of the stock. I use Fidelity to trade but can’t figure out how to use upside potential when screening stocks. (Something similar to how Wallstreetszn provides upside/downside potential).Free and paid suggestions are appreciated! | 2023-07-24 |
766 | 23 | Das mit Spannung erwartete Einzelspieler-Weltraum-Action-RPG EVERSPACE 2 erscheint am 15. August 2023 für PlayStation 5 und Xbox Series X|S! 🚀🚀🚀 Jetzt mit 20% Rabatt auf PlayStation vorbestellen oder an Tag 1 über Xbox Game Pass spielen und beim Kauf 20% sparen! | https://alb.reddit.com/cr?za=KeUN7v7n0YaFU5ZOXUGadiCu3NiiWnBEZ-WLuYc5Y5fgAwI-3OlP9DTfKfEYjB3zhZfxKZqybUvBo79IB4qi67lTs1quGa3pYTXiFYVkMw_eSZtMomAeS0kKbdj_TNiAh9mo2Ewiz3QOIJYGwxBuCh3-R_3ozsDNCN5UVWuIw2LTT3aNVWZehGDfwOIi1RgmqKynvHdhwn3byL4G_72iAciBXGm-fpYkFEEAXgwO7bfQKJPO5wLhHc8t4R1nbyMbZcVzVO2_tmYQM3-kVs_dJ1hYEj9jWWtcLhog8WAzifI-09LH6DylbG5t1ssX5e51qvVm4fhIfPoTn97Fm7-2HtGDhHgtUyY-zsG8Aen-ZJzWMqneozMZZwmkphbKeg&zp=5PZBeABjevRmAB84fqbM3u1tnFbUwH-lyrSQByKxOSgfduZ0MUCa589SWu5NTmRho_o2FSl8qX4H8qO9ou45vIH2DWhD9v1Kqj9aAFo_e4QVqHuc57x4jiJOc1HkhXX2q9OoFWCGNBHcfXc1crP55lltfbEhzg_tOvqgt5ttKXKwCr-5YD0BDRCfyIM | 0 comments | null | null | 2023-07-24 |
767 | 1 | What's going on with shares of Bitcoin miner Marathon Digital ($MARA)? | null | 11 comments | 2023-06-24 | Shares of crypto miner Marathon Digital Holdings Inc. ($MARA) are up more than 30% this week amid a surge in the crypto market, led by Bitcoin ($BTC/USD) and Ethereum ($ETH/USD).The crypto market is getting a boost from multiple positive developments including the launch of a new exchange, EDX Markets, which is backed by some big players in the finance world including Charles Schwab, Fidelity and Citadel Securities.The EDX Markets launch this week came just days after BlackRock filed an application for what would be the first spot Bitcoin ETF in the U.S, which many believe has a good chance of getting approved.On CNBC earlier this week, Ritholtz Wealth Management's Josh Brown also noted that there is talk that Fidelity is "readying something seismic."($MARA) Price Action: Marathon Digital is up more than 30% this week and more than 250% year-to-date.Marathon Digital shares were up 0.16% at $12.23 at the time of publication.https://www.benzinga.com/markets/cryptocurrency/23/06/32964865/whats-going-on-with-shares-of-bitcoin-miner-marathon-digital | 2023-07-24 |
768 | 3 | Is there a “total stock” etf that excludes the fortune 500? | null | 18 comments | 2023-06-24 | I feel like many of the stocks in the 500 are overvalued and many stocks that just barely don’t make it are undervalued. I’m specifically looking for 1 etf I know I could just invest into a mix of small - mid cap*S&P 500**Someone eventually found one that fit (VXF) | 2023-07-24 |
769 | 70 | Sell META and buy PYPL? | null | 116 comments | 2023-06-24 | I kept adding Meta last year on the lows (between 90 and 150) and made a good profit. Is it wise to sell half of it now and add PYPL the most hated stock on town? It looks like PayPal is bottomed around 60s and fundamentally strong. Please share your views. | 2023-07-24 |
770 | 5 | SVOL - let’s talk Volatility | null | 0 comments | 2023-06-24 | Would you all consider SVOL a buy at this current price and with current market conditions? The VIX has reached pre pandemic levels, and I would like to hear your thought about this (as I understand) short volatility equity going forward. Thank you | 2023-07-24 |
771 | 10 | Which stocks received an "AI Bump" that didn't deserve one | null | 26 comments | 2023-06-24 | I'm not talking about spotify claiming to use AI to suggest songs to you despite them doing it for a long time. I'm more thinking about stocks that went up way higher than any reasonable person would expect from a very small amount of AI, but the market priced it in heavily to ride a wave. | 2023-07-24 |
772 | 23 | r/Stocks Daily Discussion & Options Trading Thursday - Jun 22, 2023 | null | 315 comments | 2023-06-24 | This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme and/or post your arguments against options here and not in the current post.Some helpful day to day links, including news:Finviz for charts, fundamentals, and aggregated news on individual stocksBloomberg market newsStreetInsider news:Market Check - Possibly why the market is doing what it's doing including sudden spikes/dipsReuters aggregated - Global newsRequired info to start understanding options:Call option Investopedia video basically a call option allows you to buy 100 shares of a stock at a certain price (strike price), but without the obligation to buyPut option Investopedia video a put option allows you to sell 100 shares of a stock at a certain price (strike price), but without the obligation to sellSee the following word cloud and click through for the wiki:Call option - Put option - Exercising an option - Strike price - ITM - OTM - ATM - Long options - Short options - Combo - Debit - Credit or Premium - Covered call - Naked - Debit call spread - Credit call spread - Strangle - Iron condor - Vertical debit spreads - Iron FlyIf you have a basic question, for example "what is delta," then google "investopedia delta" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. | 2023-07-24 |
773 | 145 | What are your favourite undervalued growth stocks? | null | 254 comments | 2023-06-24 | So far, my list of growth stocks spans to RKLB, and NETIf possible, provide reasoning behind the stocks you list, here are some examples of questions you could answer for “reasoning”:why do you think it’s undervalued?is the industry and company growing, and at what rate?how does it fair against competitors, or does it have a monopoly?can it outpace the S&P 500, and for how many years?is it cyclical? | 2023-07-24 |
774 | Vote | Verliebt, verkatert, hyped oder entspannt. Das Radio SRF Virus ist live mit dir, für alle deine Moods. Mit unseren fünf Hosts mit fünfmal mehr Charakter. Jetzt reinhören und mitreden. | https://alb.reddit.com/cr?za=vyEXydWqe75SUgaWULVRnxt4NgimkswL4Ld0OIOABAHXh0WlPbwZGLgdxmd11s2HQQSSZ6HgO55jcX5ACQ9pdBCpdf34xoGSiFUPQ9RsPBupTicIHruhQqQYQd2UbrMcig6mhR0mGi_xaLdquWBXvGmE28_OFxmsYTOmGS_iKo32GOsVU3t_H_wMZ3hcd3TiZyfpDBZxfdEp4mKLQn0Ce9u9yQomqyxHNScpr0mJ6i1X5Zgws4erVpcHdWoQ4GZMv98CB6na7wBr5QFjFRmtagiOyPUnx9WLh2TYmmgIlTCX6k9-EZPyitac0HNfQCgsabNdLjnmhr18LssS6KNvZOdI6l2oNHDBVDmUdjYYk9KVZk7Xz_DGPrN2QM3zcH6z&zp=FFc9vhJO_HRG5P7wlc5B079sXRLWC9QWD9FnOHl_iCYelJfOmu-f9uCUhtFNfmdVQc5hnzMJ5lYSOxHOrdhiTsCme0KRw0fSCUdfqz9-AsbEgixCnlyi3DE0ZyBfqYgm4ysLsgTxa1Qtiht0EHpNFEiKWi2Ilvto-qIjS57tWyFMzLg1QyMqLRBljCHjGTiO2nsvDCwZ8hEyMVqsMdJ1ogixyuWbJ4OmCyQR3KJgaDhgE7l7tD9ZoVy4AnDsUkrwIQLKGALkmQ | 0 comments | null | null | 2023-07-24 |
775 | 0 | Shopify Inc. ($SHOP) is attracting investor attention: Here is what you should know. | null | 1 comment | 2023-06-24 | Shopify ($SHOP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this cloud-based commerce company have returned +7.1% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Internet - Services industry, to which Shopify belongs, has lost 0.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.Earnings Estimate RevisionsHere at Zacks, I prioritize appraising the change in the projection of a company's future earnings over anything else. That's because I believe the present value of its future stream of earnings is what determines the fair value for its stock.Analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.Shopify is expected to post earnings of $0.06 per share for the current quarter, representing a year-over-year change of +300%. Over the last 30 days, the Zacks Consensus Estimate has changed +6.6%.For the current fiscal year, the consensus earnings estimate of $0.32 points to a change of +700% from the prior year. Over the last 30 days, this estimate has changed +13.6%.For the next fiscal year, the consensus earnings estimate of $0.57 indicates a change of +79.6% from what Shopify is expected to report a year ago. Over the past month, the estimate has changed +4.1%.Having a strong externally audited track record, my proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Shopify is rated Zacks Rank #2 (Buy).The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:12 Month EPSRevenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.For Shopify, the consensus sales estimate for the current quarter of $1.62 billion indicates a year-over-year change of +25.1%. For the current and next fiscal years, $6.74 billion and $8 billion estimates indicate +20.4% and +18.7% changes, respectively.Last Reported Results and Surprise HistoryShopify reported revenues of $1.51 billion in the last reported quarter, representing a year-over-year change of +25.3%. EPS of $0.01 for the same period compares with $0.02 a year ago.Compared to the Zacks Consensus Estimate of $1.44 billion, the reported revenues represent a surprise of +4.9%. The EPS surprise was +125%.Over the last four quarters, Shopify surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. | 2023-07-24 |
776 | 170 | VIX drops below 13.5, the lowest since pre-pandemic. What does it mean? | null | 140 comments | 2023-06-24 | Hello investors and traders,It is obviously that VIX dropped below 13.5 today, the lowest since pre-pandemic. Does that mean there is no fear in the market in the near term? Is it another signal for a new bull market? Is it a good time to buy long dated calls (if you think there is more room to run) or puts (if you think there will be a pullback or as a hedge)? | 2023-07-24 |
777 | 109 | Google accuses Microsoft of unfair practices in Azure cloud unit | null | 46 comments | 2023-06-24 | https://www.cnbc.com/2023/06/21/google-accuses-microsoft-of-anticompetitive-practices-in-azure-cloud.htmlGoogle, which has spent years defending itself against claims of monopolistic behavior across the U.S. and Europe, is going public with its own complaint of anti-competitive practices by longtime rival Microsoft. In a letter to the Federal Trade Commission on Wednesday, Google alleged Microsoft uses unfair licensing terms to “lock in clients” to exert control over the cloud-computing market. The letter was sent in response to a broad FTC request for comment on potential anti-competitive acts in the cloud industry. A spokesperson for the FTC declined to comment further.Google singled out Microsoft in the complaint, arguing that through its dominant Windows Server and Microsoft Offices products, the company can make it difficult for its massive roster of clients to use anything but its Azure cloud infrastructure offering. Google described Microsoft’s licensing restrictions as a “complex web” that prevents businesses from diversifying their enterprise software vendors. Google also said such control represents a significant national security and cybersecurity risk. It highlighted successive cyberattacks involving Microsoft products, including the SolarWinds breach. Microsoft and Google both have active cybersecurity practices that respond to and research cyber threats. Google is no stranger to antitrust concerns. In January, the U.S. Department of Justice filed its second antitrust lawsuit against Google in just over two years, targeting its advertising business.The department’s earlier lawsuit, filed in October 2020 under the Trump administration, accused Google of using monopoly power to cut off competition for internet search through exclusionary agreements. That case is expected to go to trial in September. Google also faces three other antitrust lawsuits from large groups of state attorneys general, including one focused on its advertising business led by Texas Attorney General Ken Paxton. In its FTC letter, Microsoft also alleged Oracle’s practices are harmful to customers. “With overly complex agreements that seek to lock in clients to their ecosystems,” Google said, companies such as Microsoft and Oracle “are not only forcing customers toward a monolithic cloud model but also limiting choice, increasing costs for customers, and disrupting growing and thriving digital ecosystems in the U.S. and around the world.” | 2023-07-24 |
778 | 0 | Inheriting 15K: Sell and Reposition or Let it Ride? | null | 4 comments | 2023-06-24 | Hi all,28M, 300K combined net worth with partner. Recently inherited 15K in brokerage account. No debt and no immediate need for funds. My brokerage (110K) is presently invested in 90/10 VTI/VXUS.Here's the holdup. The funds I am inheriting are heavily weighted towards high expense ratio bond and securities ETFs (.38 and above).Bonds and Securities: 10K (MAHQX, LLDYX, TRECX)Low-Cost Broader Market Funds: 5K (VOO, VWO, SCHM)My first thought is to sell the bonds and securities ETFs, incur any tax penalty, and reinvest the 10K in VTI/VXUS. I would hold onto the 5K of VOO, VWO, and SCHM and I do not believe the penalty would be worth the repositioning. However, I could be thinking about this all incorrectly. How would you approach? | 2023-07-24 |
779 | 2 | Advice needed! | null | 13 comments | 2023-06-24 | I maintain a portfolio of 14 excellent blue chip dividend paying companies. And I follow DRIP (Dividend Reinvestment Plan). When a company pays out dividends, I purchase shares of the SAME company. Using this strategy I get a compounding effect every quarter. The problem is that a company (Auto Manufacturer) has been paying out 80% of their profits (payout ratio) for the last five years. And I have been reinvesting dividends consistently. Now this particular company holds 15% of my portfolio, with the next highest company being at 9% (at current value). Should I sell some of the shares of this Auto manufacturer, as it’s getting too much of a risk to hold this much value in one stock. The company fundamentals are excellent though but outweigh my risk appetite. P.S this is a South Asian agricultural heavy machinery manufacturer, not listed on any American Stock Exchange. | 2023-07-24 |