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    Wednesday, August 5, 2020

    Stocks - r/Stocks Daily Discussion Wednesday - Aug 05, 2020

    Stocks - r/Stocks Daily Discussion Wednesday - Aug 05, 2020


    r/Stocks Daily Discussion Wednesday - Aug 05, 2020

    Posted: 05 Aug 2020 01:06 AM PDT

    These daily discussions run from Monday to Friday including during our themed posts.

    Some helpful links:

    If 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.

    submitted by /u/AutoModerator
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    Microsoft could buy TikTok for as much as $30 billion

    Posted: 05 Aug 2020 08:06 AM PDT

    https://www.cnbc.com/2020/08/05/microsoft-has-one-year-to-transfer-tiktoks-code-to-the-us.html

    Microsoft and TikTok plan to finish acquisition talks within the next three weeks, ahead of the Sept. 15 deadline, CNBC's David Faber reported Wednesday.

    The valuation of the deal could be as high as $30 billion, or as low as $10 billion, Faber reported.

    Microsoft has already agreed to transfer all of TikTok's code from China to the U.S. within one year if the deal goes through.

    submitted by /u/coolcomfort123
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    Is $NKLA the next Theranos? I'm shorting this scammy company.

    Posted: 05 Aug 2020 11:56 AM PDT

    This guy Trevor Milton has no engineering background or degree. He promises to make better EV semis than Tesla but yet has made any truck or even prototype. All talk. He already sold some stock to buy himself a mansion. Is he the next Elizabeth Holmes. I'm tempted to short this stock.

    submitted by /u/FunnyOrPie
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    Livongo Health and Teladoc are merging in a $18.5 billion deal.

    Posted: 05 Aug 2020 03:31 AM PDT

    Massive news, they will become a huge player in the virtual healthcare department.

    Teladoc Health Inc. TDOC, +5.17% and Livongo Health Inc. LVGO, +5.78% said Wednesday they have agreed to merge in a deal valued at $18.5 billion to create a company that can serve a spectrum of health needs, using virtual care. Under the terms of the deal, Livongo shareholders will receive 0.592x shares of Teladoc plus $11.33 in cash per share owned. Teladoc shareholders will own abut 58% of the combined entity, while Livongo shareholders will own the remaining 42%. The combination "creates a global leader in consumer centered virtual care," the companies said in a joint statement. The new entity is expected to have pro forma revenue of about $1.3 billion for 2020, equal to pro forma growth of 85%.

    https://www.marketwatch.com/story/teladoc-and-livongo-health-to-merge-in-deal-valued-at-185-billion-2020-08-05?siteid=yhoof2&yptr=yahoo

    submitted by /u/CapitalC5
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    Nikola's $36,000 quarterly revenue was from solar installation for the chairman

    Posted: 05 Aug 2020 01:52 PM PDT

    Rocket, Parent of Quicken Loans IPO Tomorrow

    Posted: 05 Aug 2020 10:46 AM PDT

    Ticker symbol RKT. $97MM net income in Q1 2020. They had issued more than $1T of loans since 1985. At the end of Q 1 2020, they have $2.8B in cash and $17.7B in loan commitments.

    Interestingly, they are reducing the number of shares now seeking to raise $2.0B instead of previously discussed $3.3B.

    I think it's gonna be big

    submitted by /u/nyWP
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    Get into NET asap?

    Posted: 05 Aug 2020 08:16 AM PDT

    Took a small position on another stock, down a little. However, I am considering moving the capital to something like a longer hold, specifically NET, thoughts?

    Update: I did it. Now we just wait and see.

    submitted by /u/Civil-Fall
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    $RXT IPO is open for trading

    Posted: 05 Aug 2020 09:14 AM PDT

    Rackspace Technology stocks are now open for trading.

    Looks like it is trading lower than the IPO price.

    https://www.businesswire.com/news/home/20200804006130/en/Rackspace-Technology-Announces-Pricing-Initial-Public-Offering

    https://finance.yahoo.com/quote/RXT?p=RXT&.tsrc=fin-srch

    Thoughts on buying this?

    submitted by /u/Jim_tdot
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    Disney stock gets an upgrade at Guggenheim amid new streaming push

    Posted: 05 Aug 2020 07:31 AM PDT

    Walt Disney Co.'s DIS, 9.65% plans to get more aggressive with streaming as the pandemic hammers other areas of the media conglomerate helped earn the stock an upgrade from Guggenheim analyst Michael Morris after the company's Tuesday afternoon earnings report. Morris raised his rating on Disney shares to buy from neutral and upped his price target to $140 from $123 after Disney said it would launch a new streaming service overseas under the "Star" brand and release live-action "Mulan" as a direct-to-consumer option on Sept. 4 given disruptions to the traditional theater model due to COVID-19. "Using Disney assets to accelerate a push into DTC will likely be well received by investors," Morris said in his Wednesday morning note to clients. "Bottom line, as we head toward an investor day (in the coming months), we expect the burden of proof to be on why Disney will not be a secular streaming winner rather than justifying the company's ability to deliver on investor expectations." He saw hints in the company's language that may have signaled "a broader willingness to pursue additional opportunities" in streaming down the road, in his view. Disney shares are up 6.6% in premarket trading Wednesday. They've lost 19% so far this year as the S&P 500 SPX, 0.58% has risen 2%

    https://www.marketwatch.com/story/disney-stock-gets-an-upgrade-at-guggenheim-amid-new-streaming-push-2020-08-05

    Thoughts? Disney is almost up 10% today. Is it worth getting into?

    submitted by /u/Necrochi
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    Fastly $FSLY - Record Growth Driven by Strong Execution Revenue up 62% Year-over-Year; Raised Guidance

    Posted: 05 Aug 2020 01:46 PM PDT

    Q2 2020 Highlights:

    •Strong top-line growth with revenue of $75 million, up 62% year-over-year

    •Dollar-Based Net Expansion Rate (DBNER) of 137%, up from 133% in Q1 20201

    •Net Retention Rate (NRR) of 138%, up from 130% in Q1 20202

    •Total customer count increased to 1,951 up from 1,837 in Q1 2020 — the largest quarterly growth since IPO

    ◦ Total enterprise customer count of 304, up from 297 in Q1 2020

    •Average enterprise customer spend of approximately $716,000, up from $642,000 in Q1 20203

    •Enterprise customers generated 88% of our trailing twelve-month total revenue, consistent with Q1 2020

    •GAAP gross margin of 60.2%, up from 55.0% in Q2 2019; non-GAAP gross margin, which excludes stock-based compensation, of 61.7% up from 55.6% in Q2 20194

    •GAAP operating loss of $14 million, compared to GAAP operating loss of $12 million for Q2 2019; non-GAAP operating income of $2 million, up from non-GAAP operating loss of $9 million in Q2 20194

    •GAAP basic and diluted net loss per share of $0.14, up from GAAP basic and diluted net loss per share of $0.26 in Q2 2019; non-GAAP basic and diluted income per share of $0.02, up from non-GAAP basic and diluted net loss per share of $0.16 in Q2 20194

    •Adjusted EBITDA of $7 million, up from ($6) million for Q2 20194 — first positive quarter

    •Capital expenditures of $3.1 million, or 4% of revenue5

    •Raised full-year 2020 guidance

    submitted by /u/fairytailzz
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    What percent of your networth is in stocks and cash etc?

    Posted: 05 Aug 2020 11:28 AM PDT

    I am a little worried about the furute, correctly I only have 10% of my networth in cash and was wondering what everyone else is at. I want to have more in cash incase things go south come November.

    submitted by /u/clover_408
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    Walmart $$

    Posted: 05 Aug 2020 09:31 AM PDT

    Walmart will start playing movies in their parking lots on August 14. They will also unveil an Amazon type competitor soon. Better get your buys in soon. Analysts have a price target of $135.

    submitted by /u/MPTundi99
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    $SQ earnings up 10% after hours. Leaked a day early.

    Posted: 04 Aug 2020 04:31 PM PDT

    $SQ earnings leaked. I held this one back in March but let it go

    Only started investing in March. But lesson learned, hold on to your winners. Earnings got leaked up 10% AH.

    Have it as part of my pie. But think I've missed the boat on this one, ufortunately

    submitted by /u/ayy_zed
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    What is your perspective on profiting from long term investing?

    Posted: 05 Aug 2020 06:06 AM PDT

    I'm 30 and new to investing but I understand and am on board with the concept of purchasing long term hold stocks. But for my situation at this point I am only able to basically add $200 a month to my Ameritrade account for long term investment. I currently have $1800 in my account. My portfolio is basically split even with NET and MSFT. At this point what can I expect like 5-10 years from now. It basically feels like I am going to be saving $2400 a year with hopes of it increasing x%. There's really no guarantees on any profit aside from the minimal gains now. Even after 5 years and I hypothetically have 12k invested, what can I do? Because basically to see a profit and hopefully generate more profit eventually I would have to sell some of my long term shares in order to buy fresh ones(since I'm only able to contribute $200 a month per my wife). Maybe that's where diversification comes into play, I'm not sure.

    Should I just basically do what I'm doing for a few years until I have a more substantial amount of money invested in my account so I can then use that to make a larger move on whatever stock is the "next long term hold". I've done research online but honestly sometimes it's just better to hear it from (somewhat) normal people who have been doing it and may have been in this exact scenario at some point.

    I appreciate anyone who takes the time to answer me. Thank you

    submitted by /u/big-sexy89
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    ENPH stock keeps surprising me

    Posted: 05 Aug 2020 09:50 AM PDT

    Hey! I wanted everyone's opinion on ENPH stock. Currently it's at $73.64! I've been holding onto it for 4 years now, so my return would be great (unfortunately I didn't buy many shares at the time), but I project it reaching $80 soon I don't see why not. Thoughts?

    submitted by /u/kaylaopol
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    Pfizer announces deal with Canada for experimental COVID-19 vaccine

    Posted: 05 Aug 2020 07:18 AM PDT

    https://www.reuters.com/article/us-health-coronavirus-canada-idUSKCN2511RH

    Pfizer getting yet another deal and this time in a country that has already done a solid job in containing the spread of Covid-19. This is huge news for Pfizer, but only time will tell if this effects the share prices.

    submitted by /u/Kinowa17
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    FSLY dipped after earnings

    Posted: 05 Aug 2020 02:01 PM PDT

    This is such a blessing, now FSLY is at a great discount for those of you who missed the insane run. With tiktok being its biggest advantage, FSLY will continue to make bigger runs in the long run. I advise you to screenshot this post when FSLY hits between 200$-500$ in the upcoming years. You're welcome !

    submitted by /u/dawood99
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    Portfolio 3 months in

    Posted: 05 Aug 2020 12:07 AM PDT

    Hi everyone, long time lurker. This sub is what started to peak my interest in investing and 3 months ago to the date, I decided to invest the majority of my savings at 28 years old. Started with $90k & currently up $7800. Below is my current portfolio and the percentage it takes up. Would love to get some feedback on where you guys think I can grow/transfer stocks.

    AMZN 27% AAPL 12% MSFT 10% GOOGL 8% RTX 5% NET 5% KO 5% QQQ 4% VTI 4% FSLY 4% DAL 2% HON 2% DIS 2% GRFS 1% VOO 1% JPM 1% DKNG 1% MGM 1%

    Definitely plan on holding for 10 years plus. Thanks for your advice!

    submitted by /u/Aaronlvlia
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    LVGO EXPLAIN

    Posted: 05 Aug 2020 01:06 PM PDT

    Can someone explain to to me? Won't you receive $159 even if tdoc or lvgo goes down at this point? According to SEC, it was suppose to be based on the closing price of tdoc on 8/4. Unless the 18.5billion they're paying will change up to 4th quarter when it actually goes through?

    https://www.sec.gov/Archives/edgar/data/1639225/000119312520209830/d21936dex991.htm

    submitted by /u/brittxs
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    Precious Metals.

    Posted: 05 Aug 2020 11:32 AM PDT

    So following the title, have you moved any of your portfolio into Precious Metals (Silver / Gold ETC) and if you have, how much have you moved into precious metals?

    I personally have moved to about 10% of my portfolio in Metals due to the uncertainty and I wanted to get over peoples views on it.

    submitted by /u/Character_Credit
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    What's going on with BFRA?

    Posted: 05 Aug 2020 11:10 AM PDT

    I bought a few shares 3 months after the IPO, it's also my biggest position and therefore I'm extra curious about the today's rise.

    I couldn't find any news, no one bought them. Simply nothing.

    Did I miss something? Thanks

    BFRA

    Edit: I'm happy and confused at the same time, I can't stop looking at it.

    Edit2: Sold 90% of it, it might go up even more, ORRRRR it might just go down and I don't get anything at all. I picked the save route.

    submitted by /u/iLikeDividends
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    I think my cfp just violated our contract

    Posted: 04 Aug 2020 07:39 PM PDT

    I was gifted a portfolio from one of my family members. The portfolio was managed for years for me by a family friend not in my state. I chose to move the account to my state.

    My cfp told me over the phone that I was making a childish decision and said, this is not what your family would of wanted. Later this evening, my family Me never who gifted me the account in my name sent me a mean text message saying, your cfp just called extremely upset that you are moving the account, can't believe how self centered you are.

    Of course this upset me but I also believe since he shared confidential info to someone not on my account, he breached a rule or broke a rule.

    submitted by /u/floralbananax
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    DraftKings at Casino Queen Launches Sports Betting in Illinois

    Posted: 05 Aug 2020 05:12 AM PDT

    "DraftKings Inc. (Nasdaq: DKNG) today announced the launch of the DraftKings at Casino Queen Sportsbook app and retail location in Illinois. Customers can download the sportsbook app and visit DraftKings at Casino Queen in East St. Louis to finish creating their account onsite, providing them with statewide mobile sports betting access.

    "Illinois is home to some of the most passionate sports fans and most iconic sports teams in the entire country," said Jason Robins, DraftKings Co-founder, Chairman and CEO. "DraftKings' dedication to innovation and providing customers with a premier sports betting experience has made our app the top-rated option and we can't wait for fans in Illinois to discover why."

    Once their account is created, customers can place a wide variety of bets, including pre-match, live and proposition wagers on several major professional and collegiate athletic events and teams. The top-rated app also features a number of promotional offers available only to Illinois customers. In addition to mobile and online sportsbook access, DraftKings at Casino Queen offers a retail sportsbook at the newly rebranded physical location in East St. Louis."

    http://www.globenewswire.com/news-release/2020/08/05/2073207/0/en/DraftKings-at-Casino-Queen-Launches-Sports-Betting-in-Illinois.html

    submitted by /u/gms2912
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    How can I buy stocks from TSX?

    Posted: 05 Aug 2020 12:50 PM PDT

    Hello everyone! I am looking to buy a stock that's traded on TSX - Toronto stock exchange. Unfortunately I can't do that through webull. Any brokers that allow those in the states to purchase from that exchange?

    submitted by /u/ponybird
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    Tips for young investors & portfolio feedback

    Posted: 05 Aug 2020 10:41 AM PDT

    Do any of your more experienced investors have tips for new investors specifically young investors? I'm 18 and spent the past few months educating myself about investing and financial literacy and am trying to nail down a portfolio in preparation of an economic downturn that will reap decent returns.

    I haven't bought into these companies yet but want to check on whether they work well together in terms of risk management. I definitely want to go into this smart but understand great returns are the result of risky investing; therefore, I am okay with riskier purchases.

    submitted by /u/LeandoerG
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