Stocks - Some interesting news in the stock market this week |
- Some interesting news in the stock market this week
- Wall Street Week Ahead for the trading week beginning December 2nd, 2019
- WHERE to park money while saving for house (2-3 year horizon)
- Tesla
- I want to invest all my money into Cronos, why shouldn't I?
- North American Palladium - Impala Takeover - Strategy
- Does TD Ameritrade insure you against technical issues?
- How can you find out who are the largest individual shareholders of a company?
- Virgin galactic
- Are insiders allowed to buy and sell on the same day through 10b51, as long as it is a net sale?
- Stocks you're looking to buy for 2020 and why?
- Assuming you buy and never sell in a taxable account, what are the tax implications of an extremely high turnover ETF (ticker UTRN) that turns over its entire 25 holdings every week that earns a high positive return?
- Question about bonds
- AUPH
- Mall REITs
- Why is Netflix so highly regarded and why is it included in FAANG?
- I lost 550$ I can't afford to lose in trading
- How to learn day-trading?
- Prospective Stock: Cancer Genetics Inc
Some interesting news in the stock market this week Posted: 30 Nov 2019 03:10 AM PST The week began with Uber being banned from the city of London on Monday after a number of safety issues were identified. Uber can continue to operate while it appeals the decision but the move may yet (worryingly) lead to other cities withdrawing its license. Then, on Wednesday, Deere & Company revealed a horrendous outlook for construction industry with a 15% drop in sales expected. However, appropriately for the week of Cyber Friday, it was retail stocks that provided some good news with Burlington Stores, Best Buy and Dick's Sporting Goods all reporting beats and raising guidance on Tuesday. Burlington Stores showed how "off price" and "treasure hunt" retailers can thrive even while more traditional outlets continue to suffer. In fact they seem to be benefitting from the retail apocalypse as they offer a useful way for producers and brands to offload excess inventory. Expectations were already high but Burlington thrashed them with sales up 8.6%, Q3 EPS of $1.55 smashed consensus forecasts of $1.40 and the company raised full-year 2019 EPS guidance to a range of $7.28 to $7.33 per share from $7.14 to $7.22. Best Buy also reported a significant beat and raised full year EPS guidance to a range of $5.81 to $5.91 from $5.60 to $5.75 (and compared to $5.32 last year). Some commentators said Best Buy is emerging as the poster child for how to survive and thrive in a post Amazon world. In particular the company announced that it planned to offer next-day delivery on thousands of items, customers will able to pick up products in store within an hour of placing an order and the retailer also launched hundreds of alternative pickup locations in areas where there was no convenient store location. "We are excited about our holiday plans," said Corie Barry, newly appointed Best Buy CEO, "Our teams have once again put together a best-in-class assortment, prepared an amazing set of deals and ensured we have great inventory availability." Dick's Sporting Goods beat top and bottom estimates and raised guidance for the full year. The company has benefited from strategic initiatives that have focussed on better performing categories, more premium footwear offerings, faster e-commerce delivery times and investment in in-store experiences. Net sales were up 5%, same-store sales were up 6% beating expectations for growth of 2.9% and adjusted EPS was $0.52 compared to consensus forecasts of $0.38. Full year guidance EPS was raised to a range of $3.50 to $3.60 from $3.30 to $3.45 previously and compare to $3.24 last year. CEO Ed Stack said the company had seen increases in both the average shopping ticket and in the number of transactions during the third quarter and added "as we head into the holiday season, we remain very enthusiastic about our business". Growth stocks (Keysight, Nutanix and Ambarella ) Keysight Technologies delivered a very strong finish to the year on Tuesday with both revenue and earnings exceeding the high-end of guidance for the quarter while full year EPS increased 46% to $4.72. Keysight is the leading provider of network test equipment to telecom operators and other OEMs and has benefitted from increasing demand for 5G test equipment. That's not expected to change with the wireless network test equipment market expected to grow almost 50% by 2023. Additionally it is seen as an agnostic way to benefit from the boom with no single customer making up more than 10% of total revenue. Ron Nersesian, Chairman and CEO, said on the call this week "we are well-positioned for continued growth with a broad and differentiated portfolio of solutions targeted at the fastest growing segments of our end-markets. Our focus on the long-term secular growth rate trends in 5G, next-generation auto, networking, IoT, and defense modernization give us confidence in our ability to drive above-market growth even in times of macroeconomic uncertainty." The stock price took it in its stride, increasing only 1 or 2%, even after Citi said that Keysight remained its top stock pick. Perhaps that is due to weariness given the stock has already climbed almost 90% this year. However the valuation doesn't look expensive on 23x trailing earnings with earnings growth of 46% and a very bright medium term outlook. There are a couple of reasons why Nutanix stock is up 20% since reporting mediocre sales growth and an increase in losses The cloud computing software company's move (a couple of years ago) to a software centric rather than hardware centric model has hit the top and the bottom line but the higher margin business looks like it will pay off in the long run. The market has had a mixed reaction to recent earnings reports but its reaction to this weeks announcement has been well received with the stock up 20%. That's despite revenue of $314.8 million increasing only marginally from $313.3 million and GAAP net loss per share of $1.21 more than doubling from $0.54 last year. That's probably due to two reasons.
In short the new business is highly profitable and growing quickly. A good combination. The stock is valued at about 5.1x current year revenues which looks reasonable compared to the growth and profitability of the software business. Additionally analysts expect that software sales will start driving top line growth of 27% next year which should allow similar stock price growth even without multiple expansion. Ambarella was up on Monday after strong results with Q3 revenues increased 18.6% and adjusted EPS of $0.32 compared to $0.21 last year and beat forecasts by about 12 cents. However it was the continuing progress with Computer Vision (CV) that was the real driver of optimism. The results were good but on a valuation of 8x revenues and 90x forecast earnings they need to be. Ambarella originally rode on the back of GoPro until GoPro faded and Amabarella had to quickly adapt. Investments in 2018 led to CV Becoming the target market with huge opportunities in security and autos. It is that optimism that is driving Ambarella's 57% gains this year. The market cap currently stands at $1.81 billion against a market opportunity estimated at $18 billion and growing by 8% p.a. As Fermi Wang, Chief Executive Officer, said in the Q2 conference call "In summary, we're just starting to realize our vision to enable big data analytics in video HD endpoint devices or AI in the camera. As this play out, we expect to see multi-billion dollar increases in our addressable market." That said, there are still plenty of risks with numerous competitors looking to commoditize the business. Additionally trade talks with China could also scupper Amabarella's vision. For me the valuation looks fair, after strong gains this year, a lot of the positive outlook is already built in while downside risks remain significant. Value stocks (Dycom and Cymabay) Dycom reported results on Tuesday with revenues up 4.7% while earnings fell 10%. A mixed result perhaps but the drop in earnings was due to a large and complex customer contract previously flagged in other calls that has added to costs and hit gross margins. Encouragingly that troublesome program is now ramping down and will finish by April next year. Dycom is the leading provider of specialty contracting services for telecommunications net work operators in the United States. You have probably seen Dycom's crews working along roadways stringing cable or burying underground fiber. Customers include Verizon at 20.6% of total revenue, CenturyLink at 18.6% of revenue, AT&T at 18.4% of revenue, Comcast 14.9% of revenue and finally Windstream at 4.8% of revenue. As a result Dycom has benefitted from strong tailwinds from the huge investment that has gone into connectivity infrastructure. Over the past decade the company has delivered strong long-term growth, including 10% top line growth and double digit EPS gains. That's not expected to change with 5G deployments driving growth for years to come. On the earnings call Steven E. Nielsen, President and Chief Executive Officer, made several encouraging statements. In particular I found this one encouraging, "We believe wireline deployments are the foundational element of what is expected to be a decades long deployment of fully converged wireless/wireline networks that will enable high bandwidth, low latency 5G applications." The stock looks cheap with such a bright outlook for growth and a valuation of just 5.3x current year EBITDA. Profitability metrics have been muddied by the troublesome contract discussed but, with that falling off early next year, profits are forecast to jump 20% and grow 14% p.a. thereafter. That provides an attractive PE of 18x forward earnings. Cymabay Therapeutics down 70% after it scrapped late stage studies for its experimental drug for multiple liver disease indications. It is a disastrous outcome for the company but with a market cap of $121 million compared to cash balances of $219 million, zero debt and total liabilities of $19 million -- it seems there is $79 million of cash that has been completely written off. In short the stock is valued at 55% of net cash following the drop. Highly Speculative (Toughbuilt Industries and My Size Inc) On Tuesday ToughBuilt Industries (warning high risk nano cap with market capitalization of just $5.7 million), the designer, manufacturer and distributor of innovative tools and accessories to the building industry, jumped 50% after reporting that its U.S. and Canadian Amazon storefronts had sales in the initial seven months of operation in excess of $1.8 million. Equivalent to an annualized run-rate of $3.5 million, which is 40% higher than the run rate announced in May 2019 by the Company. That's a significant amount for a company that reported sales of $15.3 million last year and the market took heart that ToughBuilt could continue to increase sales with a gradual increase of product offerings to the Amazon storefronts and with products also being sold globally on its Amazon storefronts throughout Europe, Australia and other international destinations. Encouragingly, Michael Panosian, Chief Executive Officer of ToughBuilt, commented, "The initial seven months of operation of our North American storefronts has well exceeded expectations. In fact, we seem to be on an even greater upward trajectory in the fourth quarter and should continue an annualized basis." The stock has since given back a significant portion of those gains but remains up 23%. My Size Inc (warning high risk nano cap with market capitalization of just $7.2 million) spiked higher on Wednesday (before falling back) after the company reported that it had secured a commercial contract with a leading Turkish apparel company (AY Marka Mağazacılık A.Ş). It's the latest in a series of positive announcements for the company since it was awarded a patent last year for its smartphone measurement technology. The company's app, MySizeID, allows customers to quickly and accurately measure themselves using their smartphone, pick the store or brand they want to shop and then find which sizes fit perfectly. That allows an improved and personalized shopping experience for customers but also allows retailers to save on size related returns which can be material. Despite the good news, this tiny company is running out of cash and I expect a secondary offering in Q1 next year which will be highly dilutive. It might be better to wait to see those terms before making a decision on this high risk opportunity. Insider (Matinas and Assured Guarantee) On Monday, both the CFO and Vice Chairman at Matinas BioPharma made $100,000+ purchases of stock. Matinas is an interesting company that has a prescription-only omega-3 fatty acid-based composition (similar to Vascepa) under development for reducing triglycerides (named MAT9001). Importantly it has shown superiority versus Amarin's Vascepa for the same indications.. Amarin's stock has risen 10x over the past year as it has successfully progressed towards approval for Vascepa. Most recently an FDA expert panel unanimously to recommend Amarin's Vascepa for reducing the risk of cardiovascular events including heart attack and stroke. However back in 2015, Matinas was conducting a phase I trial of its own omega 3 drug MAT9001, comparing it directly with Vascepa. It found that MAT9001 was much more effective than Vascepa at reducing triglycerides and VLDL-C. MAT9001 saw a 33.2% reduction from baseline versus 10.5% for Vascepa, and VLDL-C reduction was at 32.5% versus 8.1% for Vascepa. Despite that trial's success, Matinas put MAT9001 on the backburner while it used its resources to develop its lead antifungal candidate. The company has since revived MAT9001 with a 100-patient Phase II crossover head-to-head trial against Vascepa on patients with high triglycerides that will begin dosing next quarter, with results expected by the end of 2020. There is no guarantee that it will succeed and even if it does the approval process will probably take a while. However the results so far are encouraging and the insider purchases send a clear signal that senior management is confident in success. The stock price has increased almost 100% but, with a market valuation of just $200 million compared to $7.63 billion for Amarin, there could be a lot more upside for investors who join the CFO and Vice Chairman. More insider buying at Assured Guarantee Ltd as Chief Investment Officer, Andrew Feldstein, purchase another $1.9 million of stock this week. That brings the total number of purchases over the past 2 months to 20. The company is a monoline guarantor that insures municipal and structured debt issuance. It ran into trouble during the great recession but has staged something of a recovery and Mr Feldstein seems to be highly confident in its future. Two points of interest that caught my eye;
Pharmaceutical (Sorrento Therapeutics) Sorrento Therapeutics up 84% after positive signals from those in the know Maybe I am reading too much into it but; - the company approached a number of potential biotech companies to discuss commercial partnership opportunities - it seems that 2 of the companies approached were so impressed that they have submitted bids between $3-$5 which were 88% to 213% above Friday's close - Sorrento have immediately declined the offers saying "the offer significantly undervalued Sorrento and was not in the best interest of the Company's stockholders." I am not an expert on the company. I can see it has a number of commercial and late stage non-opioid pain therapies as well as four immuno-oncology (treatments that use the body's immune system to fight cancer) programs in development. Management as usual believe that these have a great outlook for growth. To be fair the non-opioid market is expected to grow from $4 billion to $9 billion over the next 10 years and I have to say it looks like an exciting opportunity for Sorrento with numerous therapies and a market cap of just $480 million (after the recent increase). However it is the apparent enthusiasm by two unrelated outsiders to make an unsolicited bid having seen (I assume) Sorrento's plans for development that is key for me. The stock is currently valued at $2.92. That is lower than both the rejected bids of $3 and $5, two analyst target prices of $21 and $28 and represents a valuation that is approximately 12% of the fast growing non-opioid therapy target market. It is often difficult to judge individuals motivations but when two operators in the sector get inside information and put in a bid at prices above the current price it sends a strong signal that the company is undervalued. "FOLLOW" me if you would like to see my regular updates during the week. This is not a recommendation to buy or sell. Stocks are risky and not suitable for everybody. Some of the stocks mentioned are HIGH RISK AND SPECULATIVE. Please do your own research. [link] [comments] |
Wall Street Week Ahead for the trading week beginning December 2nd, 2019 Posted: 30 Nov 2019 09:24 AM PST Good Saturday morning to all of you here on r/stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week and month ahead. Here is everything you need to know to get you ready for the trading week beginning December 2nd, 2019. Markets may get a boost from cheery Black Friday consumer sentiment, seasonal strength - (Source)
This past week saw the following moves in the S&P:(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)Major Indices for this past week:(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)Major Futures Markets as of Friday's close:(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)Economic Calendar for the Week Ahead:(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)Sector Performance WTD, MTD, YTD:(CLICK HERE FOR FRIDAY'S PERFORMANCE!)(CLICK HERE FOR THE WEEK-TO-DATE PERFORMANCE!)(CLICK HERE FOR THE MONTH-TO-DATE PERFORMANCE!)(CLICK HERE FOR THE 3-MONTH PERFORMANCE!)(CLICK HERE FOR THE YEAR-TO-DATE PERFORMANCE!)(CLICK HERE FOR THE 52-WEEK PERFORMANCE!)Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:(CLICK HERE FOR THE CHART!)S&P Sectors for the Past Week:(CLICK HERE FOR THE CHART!)Major Indices Pullback/Correction Levels as of Friday's close:(CLICK HERE FOR THE CHART!Major Indices Rally Levels as of Friday's close:(CLICK HERE FOR THE CHART!)Most Anticipated Earnings Releases for this week:(CLICK HERE FOR THE CHART!)Here are the upcoming IPO's for this week:(CLICK HERE FOR THE CHART!)Friday's Stock Analyst Upgrades & Downgrades:(CLICK HERE FOR THE CHART!)Next Week's Economic Indicators - 11/29/19
Stocks To Be The Most Thankful For
S&P 500 Industry Group Breadth Running Strong
Technology Sector P/E Highest in Ten Years
Thanksgiving through Santa Claus Rally Trade
Giving Thanks for the U.S. Consumer
STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending November 29th, 2019([CLICK HERE FOR THE YOUTUBE VIDEO!]())(VIDEO NOT YET POSTED!) STOCK MARKET VIDEO: ShadowTrader Video Weekly 12.1.19([CLICK HERE FOR THE YOUTUBE VIDEO!]())(VIDEO NOT YET POSTED!) Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)(CLICK HERE FOR MOST ANTICIPATED EARNINGS RELEASES FOR THE NEXT 5 WEEKS!)Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:
Salesforce $162.89
Dollar General Corporation $157.36
ULTA Beauty $233.86
Coupa Software $153.49
Marvell Technology Group Ltd. $26.37
Workday, Inc. $179.12
Zscaler, Inc. $52.13
RH $205.59
Okta, Inc. $129.78
Tiffany & Co. $133.80
DISCUSS!What are you all watching for in this upcoming trading week? I hope you all have a wonderful weekend and a great trading week ahead r/stocks. [link] [comments] |
WHERE to park money while saving for house (2-3 year horizon) Posted: 29 Nov 2019 03:57 PM PST Where would you park your money at low or medium risk, for a 2-3 year horizon, with the goal to get a better return than a CD? [link] [comments] |
Posted: 30 Nov 2019 01:15 PM PST All of Elon Musk companies, Tesla, Space X, Solar city, and what ever else. Are all those companies under Tesla stock? [link] [comments] |
I want to invest all my money into Cronos, why shouldn't I? Posted: 29 Nov 2019 10:31 PM PST It's sititng at $6.85 when it used to be at $23.70 earlier this year in March. Any reason I shouldn't buy this then wait for it to skyrocket once weed is legalized federally? [link] [comments] |
North American Palladium - Impala Takeover - Strategy Posted: 30 Nov 2019 08:46 AM PST Hi, so PDL will be performing a vote on the 4th as to whether or not to accept the very low bid from Impala, I have been watching this stock for a while and they have really turned things around in recent years, however, it seems upper management want to get out. So they are considering a Impala takeover bid, since PDL hold most of the shares it seems that the vote on the 4th has already been decided and they will just accept. However my feeling is there is a small chance that someone else will come in and offer a higher bid. Based on the above I was considering putting in a limit order at above the current maket price of $19.75 CAD since that is what the bid is. Assuming this goes through on the 4th my limit order will not go through and I will loose nothing, however if someone else comes along and puts in a higher bid the market will react and the price will be pushed up to the new bid. This seems like a no brainer for me, but I am new to this and I am probably missing something... [link] [comments] |
Does TD Ameritrade insure you against technical issues? Posted: 30 Nov 2019 12:21 PM PST I made a large purchase with the app and have not been able to log in to the app (reset password dozens of times and tried the website dozens of times), and their tech support couldn't fix it. I just found out my trade didn't go through now. They said I have to call back Monday when the programmers are back. The stock is now trading a few hundred dollars higher than amount I had purchased. Do they offer protection over their system not functioning correctly? [link] [comments] |
How can you find out who are the largest individual shareholders of a company? Posted: 30 Nov 2019 12:20 PM PST I know it is pretty easy to figure out who are the largest institutional shareholders but I can't seem to find much info regarding individual shareholders. Warren Buffet is said to own about 18% of Berkshire Hathaway. How can I verify this? [link] [comments] |
Posted: 30 Nov 2019 07:53 AM PST It's literally only $7 why shouldn't I'm invest. Surely it's gonna make money when it launches [link] [comments] |
Are insiders allowed to buy and sell on the same day through 10b51, as long as it is a net sale? Posted: 29 Nov 2019 02:32 PM PST Does anybody know the legalities of this? Kalanick has been selling millions of UBER shares for weeks every day, and it appears he is exiting his entire position. Someone has been propping the stock every single morning before Kalanick's sell program kicks in. Obviously, Kalanick is only reporting sales. Are insiders, or the broker of an insider, legally allowed to act as a 'market maker' if you will, to stimulate a security as they exit the position? Or would they need to report the purchases as well even if at the end of each day it was a net sale? Curious [link] [comments] |
Stocks you're looking to buy for 2020 and why? Posted: 30 Nov 2019 03:08 AM PST As volatility is expected to continue spiking, what stocks will you be looking to buy? What price target would you buy in? Personally I won't be adding more To my portfolio until there is a substantial drop as most stocks are overvalued and I don't see many stocks that are undervalued. Curious to hear everyone's thoughts! [link] [comments] |
Posted: 29 Nov 2019 03:45 PM PST Assuming you buy and never sell in a taxable account, what are the tax implications of an extremely high turnover ETF (ticker UTRN) that turns over its entire 25 holdings every week that earns a high positive return? I believe such a high turnover ETF would need to distribute short-term capital gains to its shareholders but I'm having trouble confirming this. Thanks in advance! [link] [comments] |
Posted: 30 Nov 2019 02:33 AM PST I'm new to all of this and am kind of confused haha - i see everyone discussing the impact of interest rates on. Ones but if you buy bonds and are prepared to wait until full maturation to be repaid by the issuer, do you really need to worry about interest rates? What if you are buying from someone else and not the issuer (but are still going to wait until full maturation) should you buy when interest rates are low or is this only if you intend to trade them later? Thanks! [link] [comments] |
Posted: 29 Nov 2019 02:33 PM PST How do I invest in AUPH? Is it in the Toronto stock exchange or Tokyo stock exchange? [link] [comments] |
Posted: 29 Nov 2019 03:00 PM PST What does everybody think of mall REITs right now? Everybody seems to absolutely hate them right now. I feel like they're much more profitable than people think, failing to take into account joint ventures. They're all sitting right around their 52 week lows with massive dividend yields closing in and in some cases breaking 10% yield. Online shopping seems to have more or less capped out on how much it's disrupting malls at the moment. They've weathered the storm and adapted. [link] [comments] |
Why is Netflix so highly regarded and why is it included in FAANG? Posted: 29 Nov 2019 09:49 PM PST It's always easier to look back retrospectively but for years, I have never understood why people go nuts over Netflix. Facebook, Amazon, Apple, and Google all have gigantic moats for their business models and are highly profitable. Meanwhile, Netflix had an okay business model for a few years while it had a head start but is now falling behind. Am I missing some major piece of information here or something? I understand they're trying to make content and everything but imo, it's too little too late. With AppleTV and Disney+ both having massive capability and cash for churning out content and reach out to consumers, what does Netflix still have? Basically, I feel like I'm missing something in regards to why Netflix is highly regarded despite their growing competitors and failure of distinction. It's as if people are buying Netflix in the hopes that they get bought out by another company. [link] [comments] |
I lost 550$ I can't afford to lose in trading Posted: 30 Nov 2019 09:39 AM PST Hi. You can't imagine being poor and losing 550$ you worked hard for because of your emotions and trying to make a decent money to save your family. I am on the verge to explode and lose my mind because I have lost this amount of money, that might seem ridiculous to you, while trading Forex and I regret it. Living is definitely not for me and I deserve to die because of my failures. I hope someone would feel me out here and help me get it back by donating to me and I would be grateful forever. Poverty is the main issue among people who really want to be traders and make it to the top, because you don't have the right amount of capital to trade with, and having a family to think about feeding at the same time. I'm so lost. [link] [comments] |
Posted: 29 Nov 2019 06:46 PM PST Trying the stock market as a hobby/side job, have some experience and would like to know where I can learn to analyze graphs and volume etc for day trading [link] [comments] |
Prospective Stock: Cancer Genetics Inc Posted: 29 Nov 2019 06:13 PM PST I am a beginner investor, and invested about $100 into this company around a month and a half ago before the reverse split. I am a young teenager so I can't go very far with real money so I experimented with penny stocks. I originally bought the stock when it was $.12, it then later had a 1-30 reverse split and started to progressively go down. It should have been around $4.20 if I wanted my money back. It ended up going all the way down to $2 when they sought a professional adviser. From there it has gone up since and today peaked up to $8.81. I have over doubled the amount of cash I originally put it. So it would be worth a bit of your time to go check out. On a side note, can any experienced investors tell me if they think I should sell and collect my earnings, or keep it as there is a good chance it will stay stable and continue going up? [link] [comments] |
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