• Breaking News

    Monday, January 8, 2018

    Stocks - Gopro down 23%

    Stocks - Gopro down 23%


    Gopro down 23%

    Posted: 08 Jan 2018 06:56 AM PST

    Currently at 5.76, good time to invest?

    submitted by /u/kota1
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    1/8 Monday Stock Market Movers & News

    Posted: 08 Jan 2018 06:05 AM PST

    Good morning traders of the r/stocks sub! Welcome to Monday! Here are your pre-market stock movers & news this morning-


    Frontrunning: January 8

    • President Donald Trump will address thousands of farmers and ranchers today with big concerns about his trade and immigration policies, particularly NAFTA. Trump fared well in rural America during the 2016 election and remains popular. (Politico)
    • Here's what Trump is going to talk about in his first major speech since tax reform passed (CNBC) GOP tax bill faces a hard sell to voters after tough road to passage(CNBC)
    • Trump will reportedly undergo a formal health check Friday as the president attempts to dispel any doubts about his fitness for office. It comes amid intense speculation about his mental and physical suitability for the presidency. (The Telegraph)
    • Trump is reportedly beginning his days later to accommodate TV and Twitter time (Axios)
    • Trump rejects accusations in critical book, describes self as 'stable genius' (CNBC)
    • Steve Bannon said he "regrets" his comments made to author Michael Wolff in his book "Fire and Fury" that has shaken the Trump White House. He also said his support is "unwavering for the president and his agenda." (CNBC)
    • Some of the facts just don't stack up in Wolff's book (CNBC)
    • Stephen Miller kicked off CNN, triggering 'fake news' defense by Trump (CNBC)
    • Trump's legal team is reportedly considering options in the event that special counsel Robert Mueller asks to interview the president about the Russia probe. The team may request Trump be able to submit written responses to questions in lieu of a formal sit-down. (NBC News)
    • The NAACP is urging people to wear white and hold anti-Trump signstoday to protest President Trump's visit to Atlanta. He is set to attend the College Football Championship game between Alabama and Georgia. (AP)
    • Fire crews were responding to a fire at Trump Tower in Midtown, Manhattan, NBC News reported on Monday. There are no injuries reported and the fire is thought to be under control, according to NBC News.
    • Flooding from a water main break forced a temporary suspension of some flights at New York's John F. Kennedy International Airport this weekend. It happened just days after a winter storm canceled or delayed hundreds of flights. (Reuters)
    • Iran's Revolutionary Guard said the country's people and security forces had defeated unrest, which has seen 22 people die and more than 1,000 arrested. Parliament met behind closed doors on Sunday to discuss the week of unrest. (Reuters)
    • North Korea may suddenly want talks because of how powerful it has become (CNBC)
    • Trump reportedly targeting China in aggressive trade crackdown (Politico)
    • The global #MeToo movement cast a long shadow over the 2018 Golden Globes ceremony Sunday. Several proclaimed it was time for a change. Oprah Winfrey, who received the Cecil B. DeMille award for lifetime achievement, praised women who came forward with their stories. (NBC News)
    • Read Oprah's entire Golden Globes speech (NY Times)
    • Here's the complete list of Golden Globe winners (NY Times)
    • Two Apple (AAPL) shareholders are urging the company to address the growing issue of iPhone addiction among youths. The shareholders, Jana Partners and the California State Teachers' Retirement System, reportedly control about $2 billion worth of Apple shares. (Reuters & WSJ)
    • Survey spells trouble for Apple and Samsung: Users of Amazon Echo use phones less (CNBC)
    • Elon Musk's SpaceX successfully launched a secret U.S. government payload called Zuma and landed its rocket back on Earth. SpaceX is now gearing up to launch its biggest rocket yet called the Falcon Heavy. (CNBC)

    STOCK FUTURES NOW:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET HEAT MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET HEAT MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    THIS WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

    THIS WEEK'S IPO'S:

    (CLICK HERE FOR THIS WEEK'S IPO'S!)

    THIS WEEK'S EARNINGS CALENDAR:

    ($JPM $LEN $KBH $WFC $SCHN $HELE $BLK $AYI $DAL $FCEL $MSM $SVU $PNC $SNX $WDFC $SJR $SHLM $SMPL $EXFO $SAR $LMNR$SLP$PRGS $NTIC $VOXX $INFY)

    (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ()

    ([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())

    N/A.


    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

    THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)

    THIS MORNING'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

    THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

    • NVDA
    • GPRO
    • WATT
    • CAT
    • MZOR
    • KSS
    • DVAX
    • SPY

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Snap — Analysts at Jefferies downgraded the social media company's stock to "hold" from "buy," with analysts noting that "fundamental execution needs to be shown before we can be more positive on the name."

    STOCK SYMBOL: SNAP

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Pandora — Morgan Stanley downgraded the music streaming service to "equal weight" from "overweight," noting that "growing ad revenue in '18 is no longer a given as Pandora faces engagement and monetization challenges."

    STOCK SYMBOL: P

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Caterpillar — Caterpillar shares rose 1.8 percent before the bell after J.P. Morgan upgraded the stock to "overweight" from "neutral." The analysts said in a note they expect Caterpillar's sales to get a boost from the tax bill signed last month.

    STOCK SYMBOL: CAT

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Hershey — The candy giant, along with The Ferrero Group, submitted a final bid to acquire Nestle's U.S. confectionery business, sources told CNBC.

    STOCK SYMBOL: HSY

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Technologies — The Dow component was upgraded to "buy" from "hold" at Goldman Sachs. Analysts said geared turbofan jet engines are reaching a "positive financial second derivative" in their life cycles, which will change the stock's narrative. They also see a 30 percent rally for the stock this year.

    STOCK SYMBOL: UTX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Mallinckrodt — Mallinckrodt agreed to sell hemostasis products Recothrom and PREVELEAK to Baxter for $185 million. The deal includes an upfront payment of $153 million.

    STOCK SYMBOL: MNK

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Celgene — The biotechnology company agreed to buy private firm Impact Biomedicines for as much as $7 billion. Celgene is interested in Impact Biomedicines' fedratinib, a kinase inhibitor that has shown promise as a potential treatment for a type of blood cancer.

    STOCK SYMBOL: CELG

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Lululemon — Lululemon raised its fourth-quarter earnings and revenue guidance on the back of strong holiday sales. Shares of the athletics retailer climbed 2.2 percent in the premarket.

    STOCK SYMBOL: LULU

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Kohl's — Kohl's said its holiday sales rose 6.9 percent year-over-year, surpassing estimates. The company also raised its fiscal 2017 earnings guidance. Kohl's shares surged more than 8 percent.

    STOCK SYMBOL: KSS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.


    DISCUSS!

    What is on everyone's radar for today's trading day ahead here at r/stocks?


    I hope you all have an excellent trading day ahead today on this Monday, January 8th, 2018! :)

    submitted by /u/bigbear0083
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    Finance ETF

    Posted: 08 Jan 2018 07:24 AM PST

    I was wondering if there was an etf that you all would recommend that targets companies like Visa, Goldman Sacs, Citibank, Wells Faro, JP Morgan etc?

    submitted by /u/thedocta08
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    NVIDIA partners with Uber on self driving cars

    Posted: 07 Jan 2018 09:23 PM PST

    $CRTO - Criteo

    Posted: 08 Jan 2018 07:49 AM PST

    Anyone got any opinions on CRTO (Criteo) at all?

    Thanks!

    submitted by /u/milkshakespoon
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    Question regarding taxes on money in stocks?

    Posted: 08 Jan 2018 06:06 AM PST

    So I have about $1,100 in stocks I want to withdraw because I need the money for a security deposit. I have a fidelity account. I put $950 of my own money in there and the rest was profit. If I withdraw this money out of my fidelity account how do I pay the taxes on it? Do I only have to pay taxes on the amount of profit I made? Any help would be appreciated!

    submitted by /u/Buccyy
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    In its first year, my biotech strategy outperformed the market by almost 100%

    Posted: 08 Jan 2018 10:38 AM PST

    I applied value investing principles to clinical-stage biotech stocks and had great results https://medium.com/the-mission/year-end-portfolio-review-8f5927602187

    submitted by /u/samyhamdouche
    [link] [comments]

    Real Estate stocks

    Posted: 08 Jan 2018 11:07 AM PST

    What are your favorite real estate stocks for 2018?

    submitted by /u/redburrito
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    Problem with dividend stock cost basis

    Posted: 08 Jan 2018 07:45 AM PST

    I have a strange problem. I own stock in TWO, which spun off one of its divisions into a separate company, GPMT. Part of the spin-off was a dividend of 0.095 shares in GPMT per share owned of TWO. After the spinoff, TWO did a planned reverse-split of 1:2.

    From what I understand, if company A spins off company B and gives a stock dividend in the new company, then the cost value of stock A should be reduced in an amount equal to the cost value of the new spinoff stock.

    As expected, TWO lost value about equal to the value of the new GPMT stock. My problem is my broker, Schwab, did not reduce my cost basis for TWO, even though on the books they show a cost basis of $939.00 for the stock in the new company GPMT. Essentially, my portolio is showing an extra lost of $939.00 (the "cost basis of the dividend shares) because the cost basis of the shares in TWO was not reduced.

    The money is all correct, but it's a psychological factor to see my portfolio as being down an extra $939. Also, when I do eventually sell the stock it could affect my tax reporting since I show a larger loss than in reality, right?

    Is this normal for a broker to do this? Or is this just a mistake on their end? How would I go about fixing this?

    EDIT: I called Schwab and they said that TWO decided not to reduce the cost basis by a certain percentage. Instead, the GPMT stock is considered a simple dividend, not an actual spin-off. I said that the record shows it costing me money when in fact I didn't pay anything for it. They said, eh, whatever. It's an uncommon scenario and it works out better for me. So I guess that's the end of that?

    submitted by /u/trowawee1122
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    Thoughts? AJRD

    Posted: 08 Jan 2018 08:35 AM PST

    I'm young and looking at stocks to hold on to long term. What do you guys thing of this stock?

    submitted by /u/AlexanderKu
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    Difference between open p/l and daily p/l?

    Posted: 08 Jan 2018 08:14 AM PST

    I'm new to stocks but these 2 numbers are always different and don't know the difference.

    submitted by /u/tehmerms
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    Stupid of me trying to get 100% return year for year?

    Posted: 08 Jan 2018 11:25 AM PST

    Hi guys, I do not want the regular 20% return a year, but rather 100% or more. My strategy is to find real small-cap companies with a product which I believe will experience a demand by the market, or target customers, in the near future.

    Right now I have 3 companies, which I believe will double or more within 1 year. When these companies builds into larger corporations with higher market caps, I will try to time the exit, take the profits and find similar startup companies. I obviously analyse the risks before I invest, and only invest in companies with good amount of cash, so I don't have to experience a possible dilution. I also only invest in companies that already are low priced.

    So what do you guys think. Should I keep trying to make a 100% return or nah?

    submitted by /u/Curios121
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    Opinions on Foundation Medicine (FMI)?

    Posted: 08 Jan 2018 08:12 AM PST

    Their stock went up literally 250% in 2017. Their revenue was through the roof. It appears to still be climbing. Worth it to invest or has the opportunity passed?

    submitted by /u/DJTheFresh
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    [Question] Difference Between P/L YTD & Net Liquidity

    Posted: 08 Jan 2018 07:56 AM PST

    What's the difference between P/L YTD vs Net Liquidation Value in thinkorswim?

    Shouldn't Net Liquidation Value - Starting Equity = P/L YTD ?

    For example, I started with $5000 and my profits are listed as $80 yet my net liquidity is listed as $5007 - why the discrepancy? Does net liquidity account for commissions or something?

    submitted by /u/sperrygarcia
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    Quick question about naked shorting

    Posted: 08 Jan 2018 12:05 PM PST

    How is it possible for people to borrow shares that don't exist? There is some disconnect that I'm not understanding. Half of the time I try to short a stock my broker doesn't have any shares available whatsoever and my order gets cancelled. How the hell does money actually transfer when someone is naked shorting? Thank you

    submitted by /u/SpaceApePaulus
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    Gold stocks - okay to value them relative to price of gold?

    Posted: 08 Jan 2018 06:17 AM PST

    I just couldn't help but notice that the value of gold, relative to gold miner stocks, is at a historic high.

    Is it a safe assumption to make that these stocks are therefore undervalued, or am I missing something?

    And yes - would any of you buy gold stocks now? Guess that was obvious haha.

    submitted by /u/MoonJaeIn
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    Sell NFLX

    Posted: 07 Jan 2018 04:25 PM PST

    I'll get straight to the point: Netflix is completely overvalued and anyone who owns it should start taking profits. The main reason for this is competition. Netflix used to have a moat in two different ways: It had contracts with companies that gave Netflix the sole right to stream their content and it was the first mover and no one wanted to compete with them. The first one obviously isn't true anymore simply because these contracts are expiring. Not only that. but the companies that made these contracts 4 or 5 years ago no longer like them or the contracts aren't profitable for them. This is why so many shows are now leaving Netflix.

    This leads to the collapse of the second moat. Companies now do want to compete with Netflix, particularly large companies, and they have the opportunity to because these shows are leaving the Netflix platform. Another big problem isn't the tv shows that are leaving Netflix, but instead the movies. Most people use Netflix to watch TV shows, and it's limited selection of movies was never a problem because while it lacked older movies, it did get new popular movies that a large audience watches. Mainly Disney and Marvel. However, a huge blow has been struck against this part of the platform because Disney is in the process of pulling all of it's movies from the platform and moving them to it's own streaming service. This especially alienates the family demographic, which is a very large part of the people that use the Netflix streaming service.

    While competition is obviously heating up with new streaming services coming out all the time such as HBO, Amazon Video, and especially Disney and Hulu now that Disney owns Hulu, it is also worrying that the pie is getting smaller. What I mean by that is, most people that are going to use a streaming service by now, use a streaming service. Potential customers are becoming rarer and rarer, at the same time competition is heating up, which is a very dangerous combination for Netflix. Another huge issue is how easy it is to switch from one streaming service to another. It takes maybe 5 minutes to go from Netflix to HBO or Hulu, a practice I find myself doing more and more often as tv shows fluctuate from service to service along with prices. (Which Netflix has been unyielding on.)

    Now for the value issue. Netflix has soared over 40% over the last year along with the market. It is part of everyone's favorite ETF, FANG, which is propelling it forward to even higher valuations. For the reasons stated above, I don't think that this can continue.

    tl;dr: Competition is heating up, Netflix doesn't have a moat, and it's valuation is unreasonable.

    I'm not the type to predict the coming demise of popular companies, but I can't ignore the fact the Netflix simply doesn't deserve it's valuation anymore. And I'm a growth investor, I normally couldn't care less. Thanks for reading if you did read all that.

    submitted by /u/ShoutLF
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    When Do I Sell?

    Posted: 08 Jan 2018 02:15 PM PST

    This is a totally newbie question, but when do I sell a stock? I invested a good amount of money randomly into a company that has grown 220% since purchase. When is the right time to pull in that profit?

    The company is growing steadily, and I feel that there is still a lot of growth left, so does that mean I continue to hold? Do I sell just because of the gains that have been made already? Is there a rule around when to sell?

    submitted by /u/RunNEat
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    Is AAPL getting close to a 1 trillion market cap a big red flag for the market?!

    Posted: 08 Jan 2018 01:39 PM PST

    I get it, AAPL is an amazing company with amazing products. BUT I am starting to get scared that any company nearing a trillion, TRILLION market cap is a big sign this market is just so overvalued right now..

    I still own my AAPL stock along with other big tech stocks, but a trillion dollar market cap? I mean it just seems like a true sign this market is on the cusp of peaking. Am I wrong?

    submitted by /u/VRgamer84
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    $5000 to spend (long term investment) recommendations?

    Posted: 08 Jan 2018 01:24 PM PST

    I have a spare $5000 to spend. I plan to hold for at least a year or two. What stocks/etfs are recommended? Here's my plan.

    I plan to put $3700 into VTI.

    the $1300 left over will be put into 3 different well established companies

    edit: Visa/paypal/MSFT

    submitted by /u/financeq12
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    ISRG and the medical device excise tax

    Posted: 08 Jan 2018 11:40 AM PST

    Would anybody care to shed some light on how the (newly reinstated) medical device excise tax would affect how ISRG performs and reports in 2018 +beyond?

    I'm not too familiar with this tax but it seems as if it would be a direct hit to ISRGs financials and not many analysts are talking about it.

    Link: https://www.irs.gov/newsroom/medical-device-excise-tax-frequently-asked-questions

    submitted by /u/aweintr1
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    CALM - Cal Maine foods - strong buy

    Posted: 08 Jan 2018 11:37 AM PST

    it's doing great, has a solid business line (egg production). a total winner! https://finance.yahoo.com/quote/CALM/

    submitted by /u/md392838
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    Brokerage offered artificial intelligence and robotics ETFs?

    Posted: 08 Jan 2018 11:29 AM PST

    I'm looking for something similar to BOTZ or ROBO but with a smaller expense ratio. Thanks

    submitted by /u/FIREtoss11
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    KATFF

    Posted: 08 Jan 2018 10:38 AM PST

    Momentary dip, or downward slide to reality?

    submitted by /u/JoeClave
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