• Breaking News

    Sunday, January 5, 2020

    Stock Market - Musk’s Moment of Truth Arrives as Made-in-China Teslas Roll Out

    Stock Market - Musk’s Moment of Truth Arrives as Made-in-China Teslas Roll Out


    Musk’s Moment of Truth Arrives as Made-in-China Teslas Roll Out

    Posted: 05 Jan 2020 06:55 AM PST

    https://www.bloomberg.com/news/articles/2020-01-04/musk-s-moment-of-truth-arrives-as-made-in-china-teslas-roll-out

    Elon Musk's decision to assemble Tesla Inc. cars in China required years of planning and billions of dollars in spending. Now comes the challenging part.

    The electric Model 3 sedans rolling off the assembly line at Tesla's Shanghai plant — its first outside the U.S. — face a market where total vehicle sales are expected to fall for a third straight year. After capturing about 5% of China's car sales, electric vehicles have been losing steam as the economy cooled and the government scaled back subsidies for buyers.

    submitted by /u/coolcomfort123
    [link] [comments]

    How to understand Pinterest valuation?

    Posted: 05 Jan 2020 05:53 PM PST

    I read this article: https://www.morningstar.com/articles/923359/pinning-a-narrow-moat-on-the-pinterest-board

    it mentioned

    In our view, Pinterest (PINS), an online product and idea discovery company that generates revenue by selling digital ads, has an intrinsic value of $15 billion, or $22 per share on a fully diluted basis.

    What does it mean by "a fully diluted basis"?

    submitted by /u/marksteve4
    [link] [comments]

    Apple Gets Another Target Price Increase

    Posted: 05 Jan 2020 04:41 PM PST

    Apple's mammoth 2019, which took the stock up 86% for the year and 50% in the second half alone, has created a conundrum for analysts with Buy ratings on the stock but target prices below the current level. While the stock is just shy of $300, the average target is $266. Analysts need to decide: turn more cautious or boost the target?

    So far, the consensus move is to push out the goal post.

    Analysts at BofA Securities and RBC Capital both lifted their targets last week to $330, and CFRA analyst Angelo Zinno did the same late Friday. Zinno repeated his Buy rating, with a new target of $330, up from $275.

    Zinno isn't changing his earnings per share estimates. He sees $13.20 a share for the September 2020 fiscal year, and $14.85 for fiscal 2021. But he is lifting his price-to-earnings target to 22.2 times his FY 2021 forecast, which he notes is above both peer stocks and Apple's 10-year forward historical average of 15.2 times.

    "We apply a higher multiple as we see considerable upside to consensus estimates ahead of a 5G device launch this fall and investors underestimating the upside related to Apple's wearables business," Zinno wrote in a research note. "We think multiple expansion is warranted," with accelerating growth and a great contribution from the company's recurring revenue based services business, he added.

    Zinno thinks Apple's December quarter results will beat expectations, "given healthy demand trends for the iPhone 11 as well as improving demand in China." He also expects continued aggressive share repurchases "as we think AAPL looks to get to a net cash neutral balance within two years," with net cash sitting at $98 billion.

    Source: Barron's

    submitted by /u/coolcomfort123
    [link] [comments]

    Is buying an ETF and/or Index Funds along with a few penny stocks a good way to start investing with less than $1000/for a beginner?

    Posted: 05 Jan 2020 03:55 PM PST

    I'm looking into getting into investing with a more DIY approach but I want to start small, probably with around $500. I understand opening a brokerage account. I've heard TD Ameritrade is the best. Is this true? As far as the next step I figured investing in ETFs and/or Index funds would be a good starting point for a larger investment but I am not sure if I should go with ETFs or Index funds. With whatever is remaining I figured I could buy a few low cost stocks to learn basic trading and to watch the market from an investor's standpoint.

    Is this a good plan? Any advice would be greatly appreciated. Thanks in advance!

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

    How do I check stocks history

    Posted: 05 Jan 2020 11:32 AM PST

    Specifically I'd like to see major stock price on Jan 1 1980

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

    How to have a diversified funds portfolio?

    Posted: 05 Jan 2020 09:46 AM PST

    I currently invest every month in 4 funds:

    • Technology
    • Emerging Markets
    • Small cap companies
    • Governmemt and corporate Bonds

    Is this considered diversified enough or shall I also look at investing in another sector as well?

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

    Jan. 4-6, 2020, East Asia business news

    Posted: 05 Jan 2020 08:45 AM PST

    (China) Alibaba reported that it has been strengthening its anti-counterfeiting and intellectual property rights protection in recent years, developing 10 anti-counterfeiting technologies such as fake product screening.

    (source: Xinhua News Agency)

    *Korea

    Exports of Korean snack products amounted to $43.1 million in 2018, up from $41.6 million in 2017.

    South Korea exported $370 million of beauty products to Japan in the January-November period of 2019

    (source: The Korea Herald)

    *Japan

    Tokaido and Sango shinkansen lines, which connect Tokyo, Kyoto, Osaka and Fukuoka, are set to introduce English-language ticket reservation services on a new website in March.

    (source: JapanToday)

    @dylanyang0930

    theasians.org

    submitted by /u/dylanyang0930
    [link] [comments]

    I’ve been thinking of putting a sum of my money into index funds to let sit and grow for a little while.. I took on the idea of a ‘Three Fund Portfolio’ does anyone have suggestions on 3 indexes (US Stock Index, International Index, Bond) that would be a great long term investment?

    Posted: 05 Jan 2020 07:56 AM PST

    What effect will a war between USA and Iran have on the stock market?

    Posted: 04 Jan 2020 11:53 PM PST

    Since the assassination on Iran's top general Qassem Soleimani Iran has raised the red flag for the first time in history which is a declaration they are ready for war and for revenge. (Video of raising flag + interview) Iranian hackers has also already breached a website operated by the federal depository library programs in retaliation for the airstrike - Source

    Iranians has also attacked the U.S Embassy in Baghdad which made Trump send 750 troops to the middle east after the attack.

    Video of hundred Iranian's marching the streets of Tehran and burning flags, chanting anti-U.S slogans and in the video there's also a speech in front of hundreds of people and they are saying: We will take revenge (so harsh) that their (bright) day would turn into a dark night - Video "Speech starts at 01:40"

    Trump also made a tweet saying: "They attacked us, & we hit back. If they attack again, which i would strongly advise them not to do, we will hit them harder than they have ever been hit before"

    What's your opinion about this mess and what effect do you think it will have on the stock market?

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

    Iran conflict

    Posted: 05 Jan 2020 08:00 AM PST

    How will this effect stocks?

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

    A popular Wall Street blogger vowed to never short the stock market again — until now

    Posted: 04 Jan 2020 08:31 PM PST

    Surging shares of Tesla appear to be one key reason

    After getting destroyed by misplaced bets against stocks, Wolf Richter of the popular Wolf Street financial blog, says he's back at it again.

    The author of the well-read Wall Street blog says that the U.S. stock market's recent rally has created what he describes as one of the best setups to bet against equity assets that he's seen in his career in financial markets. "In my decades of looking at the stock market, there has never been a better setup. Exuberance is pandemic and sky-high," Richter wrote in a Dec. 30 blog.

    Surging shares of Tesla Inc. TSLA, +2.96% appear to be one of the reasons for the bearish bets, said Richter, citing a rally the electric-car maker that he views as a proxy for excess exuberance in stock markets.

    "This stock is a prime example of how crazy the market is," the Wolf Street blogger wrote. "At $412 a share, Tesla is valued at $75 billion. This is over three times 12-month revenues ($24 billion)." Tesla's stock was up 2.6% Thursday afternoon at around $429 a share.

    https://www.marketwatch.com/story/a-popular-wall-street-blogger-vowed-to-never-short-the-stock-market-again-until-now-2020-01-02

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

    No comments:

    Post a Comment