Daily Advice Thread - All basic help or advice questions must be posted here. Investing |
- Daily Advice Thread - All basic help or advice questions must be posted here.
- Stocks just wrapped up their worst week since March
- According to the Bureau of Economic Analysis, current‑dollar GDP increased 38.0 percent, or $1.64 trillion, in the third quarter to a level of $21.16 trillion. In the second quarter, GDP decreased 32.8 percent, or $2.04 trillion
- ABBV - beat earnings, improved guidance, increased dividend 10%, zero discussion
- Is it a good idea to pump money into s%p fund
- What we found after analyzing Hollysys Automation for more than 6 months
- What are examples of "cannot-fail" stocks that ended up crashing and staying down?
- Does the price of selling call options indicate how optimistic speculators are about the stock?
- Can anyone recommend a broker for a UK/US dual citizen living in the UK
- Which emerging market country to invest for the decade?
- Uber's Driver Misclassification Battle Spreads To Illinois
- $TPR had Q1 earnings yesterday with reported EPS of $0.83. In reality it's much lower. Someone show me if I'm doing my math right on this.
- Ant Group's IPO sees record $3 trillion in retail demand
- What is the likelihood of SBE - Chargepoint deal falling through?
- Seriously worried about oil
- US elections, Covid-19, and China create uncertainty in the market
- Earnings Reports: The oil giants
- What is the best way for stable short term modest growth right now?
- INDF ETF - new way to invest in India - thoughts?
- Digital Turbine ($APPS)
| Daily Advice Thread - All basic help or advice questions must be posted here. Posted: 30 Oct 2020 05:12 AM PDT If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions. If you are going to ask how to invest you should include relevant information, such as the following:
Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions! [link] [comments]  | ||||||||
| Stocks just wrapped up their worst week since March Posted: 30 Oct 2020 01:29 PM PDT
https://www.cnn.com/2020/10/30/investing/dow-stock-market-today/index.html [link] [comments]  | ||||||||
| Posted: 30 Oct 2020 07:37 AM PDT https://www.bea.gov/news/2020/gross-domestic-product-third-quarter-2020-advance-estimate From BEA website: Current‑dollar GDP increased 38.0 percent, or $1.64 trillion, in the third quarter to a level of $21.16 trillion. In the second quarter, GDP decreased 32.8 percent, or $2.04 trillion (tables 1 and 3). The price index for gross domestic purchases increased 3.4 percent in the third quarter, in contrast to a decrease of 1.4 percent in the second quarter (table 4). The PCE price index increased 3.7 percent, in contrast to a decrease of 1.6 percent. Excluding food and energy prices, the PCE price index increased 3.5 percent, in contrast to a decrease of 0.8 percent. Personal Income Current-dollar personal income decreased $540.6 billion in the third quarter, in contrast to an increase of $1.45 trillion in the second quarter. The decrease in personal income was more than accounted for by a decrease in personal current transfer receipts (notably, government social benefits related to pandemic relief programs) that was partly offset by increases in compensation and proprietors' income (table 8). Additional information on several factors impacting personal income can be found in "Effects of Selected Federal Pandemic Response Programs on Personal Income." Disposable personal income decreased $636.7 billion, or 13.2 percent, in the third quarter, in contrast to an increase of $1.60 trillion, or 44.3 percent, in the second quarter. Real disposable personal income decreased 16.3 percent, in contrast to an increase of 46.6 percent. Personal saving was $2.78 trillion in the third quarter, compared with $4.71 trillion in the second quarter. The personal saving rate—personal saving as a percentage of disposable personal income—was 15.8 percent in the third quarter, compared with 25.7 percent in the second quarter. [link] [comments]  | ||||||||
| ABBV - beat earnings, improved guidance, increased dividend 10%, zero discussion Posted: 30 Oct 2020 07:24 AM PDT I see a lot of talk on here about the big tech and disruptors, but not much about Aristocrats like ABBV. With such a good earnings report, the Allergan acquisition and new drugs coming down the line to diversify their income stand, I'm honestly surprised to see nothing come up about them. With a 10% increase to their dividend (1.30$ a quarter) does anyone have reason to believe ABBV wouldn't be a great play/awesome value, outside of the Humira wannabes? [link] [comments]  | ||||||||
| Is it a good idea to pump money into s%p fund Posted: 31 Oct 2020 02:57 AM PDT During these corona times, would it be wise to just input money into a s%p 500 fund and not think about it? And just pump monthly and take it out in 5 years? I dont wann think about where I'm putting my money and don't want to do too much work. I've got roughly 8k dollars and looking to input 300-600$ monthly. What would be a good fund for me to give my money and just stop thinking about it for the next few years? [link] [comments]  | ||||||||
| What we found after analyzing Hollysys Automation for more than 6 months Posted: 31 Oct 2020 03:43 AM PDT As a value investor, one of the things I look out for is a catalyst for price realisation. After all, even if a stock is criminally undervalued, if it does not have something in its future that will cause other people to wake up to its value, it could stay undervalued forever. Today I'm going to talk about a company that has a very clear catalyst which the value, as well as price of the stock, hinges upon. If the catalyst is positive, the upside is enormous, with the stock possibly doubling or tripling almost overnight. It all started about 6 months ago when I decided to analyse automation. The coming 4th Industrial Revolution will see human-performed tasks being done by robots, and companies that provide these automation services could do very well indeed. After a quick screen, Hollysys Automation Technologies immediately jumped out at me: the company presented itself with spectacular financials characterized by high liquidity; low debt; steadily growing FCF/revenue/net income over the decade; consistent book value; an average ROE of 15% over a decade, ROCE 13%, a stock price trading at a 30-50% discount compared to competitors, and DCF models estimating a value of $30-40 (currently trading about $11). In other words, the dream of any value investor. I will be the first to admit I don't have as much knowledge in the automation industry as I'd like – and that's something I've been working on over the past few months. So, after a quick look at their impressive financial statements, our next step was to talk to the IR of the various Hollysys competitors to better understand the competitive environment that Hollysys were operating in, and whether they could preserve their impressive return ratios over the long term. As a quick overview of the company, Hollysys operates in two segments: industrial automation and railway automation. In industrial, most of the company's revenue comes from automating fossil fuel energy plants. It would not be unfair to compare it to a defence company or a public contractor, since the Chinese Communist Party controls the state railways and owns a 75% stake in SINOPEC, China's largest and most important oil company. In addition, the company also has a dominant market position in safety systems for nuclear power plants in China, a sector that is growing with a CAGR of 17%, bringing the number of reactors in the country from 16 in 2012 to 56 in 2020. As the only certified provider of nuclear automation services in the country, HOLI has a monopoly in this subsector. In the railway sector they hold a 30% market share, and they do not expect further increases in market share. Long-term organic revenue growth is likely to be 5%, primarily coming from after-sale services. However, they are actively researching new products such as CBTC (Communications-based train control) in subways, smart systems on highways, etc. If these products gain traction, which they should, then growth will be higher. Also, the company proved to have a great competitive advantage in the high-speed railway field as they are 1 of the 3 approved providers in 300-350km/h segment and 200-250km/h and the largest company in terms of ATP (on board equipment) sets. In their 'Smart factories' subsegment, they provide solutions to accelerate product development cycles for large white goods companies like Haier. They provide integrated data collection products like SCADA (Supervisory Control And Data Acquisition), data utilisation and analysing services to understand the application situations, designing the system architecture, data management and so on, being the largest company in terms of Supervisory Control and Data Acquisition. Another example of this subsegment of industrial automation would be their contract with Diaobignshan where they used to collect data to build a factory virtually and rapidly iterated designs to optimise efficiencies at low cost. They provide after-build services such as combustion optimization, equipment monitoring and maintenance, etc. This segment generates real tangible returns for customers, with higher production efficiencies and lower cost. However, it's worth noting that some of their revenue in this segment comes from fossil fuel companies as well, so a surge in renewable builds could see revenue dropping even more than it would appear at first glance. All the segments that Hollysys operates in have been growing impressively for the past few years, at a rate above even the high growth of the general Chinese economy. To fuel their supply-side based growth, fossil fuel plants have been opening across China at an unprecedented rate, while China's high-speed railway network has gone from virtually non-existent 15 years ago to being 2/3rds of the entire world's track length. As Chinese wages rise, the pressure on factory owners to automate is also increasing to stave off price competition from South-East Asian competitors. So far, the situation all looks good from a high-level company view. But when you either zoom out to look at the macro environment, or in to look at the specifics of the business, cracks begin showing. The situation with the Chinese government is tricky – and not for the reason you might think. Despite the fact that most of HOLI's revenue comes from state-owned entities, and it's monopolistic market position also dependent on the government, we do not see the government introducing competition to the market to drive down prices as a big threat. China has applied a protect-and-nurture strategy for domestic companies in every sector you could think of very successfully, creating such behemoths as Tencent and Alibaba. You prevent superior foreign competition from entering the market, and choose a winner for each sector, allowing it to take monopolistic profits to accelerate the rate of innovation and shorten the timeline that it needs to compete with foreign companies. From the past decade, Hollysys is the chosen winner for the sectors that it competes in, and that the threat of increased competition due to the Chinese government is virtually non-existent. Companies like Siemens or ABB still have objectively superior products and will likely continue to do so for the foreseeable future. Until HOLI catches up with them and can compete in a global free market, the handholding from the government will not end. However, while the Chinese government will not introduce competition to the markets that HOLI competes in, whether it will continue to incentivise those markets is another question entirely. In a recent Chinese government conference, China firmly stated that it would become carbon neutral by 2060 (pay attention: NET carbon emissions will be equal to 0, and not TOTAL emissions, which is quite different). I have no doubt that this will happen – the largest benefit of a single-party state is that these long-term plans can be set in stone and executed upon decades in advance, something which China has been doing since the ways of Deng. And quite obviously, there is consequently a very real threat to the heavily polluting fossil fuel-based power plants that HOLI derives a lot of its revenue from. Banning the construction of new fossil fuel plants is an obvious way to reach this target, but whether China chooses to do this or to find alternative methods of cutting net emissions is less obvious. I would like to remind you that coal consumption, which fell from 2013 to 2017, driven in part by China's willingness to significantly improve air quality, has started to rise again in more recent years as the economy suffered a severe backlash forcing the government to stimulate industrial growth. Although the government has not released some specifics regarding how these emissions will be reduced, it is thought that this was strongly desired to allow the Communist Party to have the flexibility necessary in the short term to support the economic recovery following the pandemic. Renewables cannot as yet compete with fossil fuels in lifetime cost of operation, and building more fossil plants is a tried-and-true method of giving the economy a shot in the arm, something that any economy could do with right now. At the same time, future constructions of railways are also uncertain. Most of the tracks laid in recent years is economically unviable, with low demand and a poor populace in these tier-3 cities laying a cap on ticket prices. However, the government views high-speed rail as a socially beneficial alternative to coaches and planes for the hundreds of millions of migrant workers that travel between large cities and the country every holiday, and thus heavily subsidises losses and encouraged more construction in the last 5-year plan. Whether continued construction in both railways and fossil fuel power plants will happen is up in the air and something that we will see in the next 5-year plan, due in March 2021. A natural response to the threat to fossil fuel power generation automation would be to ask whether Hollysys could simply transition to automating the renewable power generation sector. My research indicates that this is not realistic. The various wind turbines, solar panels, dams, etc. they do not require a complex level of automation like that used in a refinery plan. The latter are huge power plants that occupy hundreds of square meters which require automated processes to obtain the greatest result with the least effort. 📷 https://postimg.cc/JtMhBQRR image from https://www.e-education.psu.edu/eme801/node/4701 While as regards the structures and machines used for renewable energy, they do not require complicate automated processes such as those used in oil and petrochemical plants; the entire process is enclosed within the turbine itself (as far as wind energy is concerned), so that it becomes almost impossible to state that these types of energy require any automation processes. In the image below I have shown you what the inside of a wind turbine looks like, which differs drastically from the previous image of the refinery plant. 📷 https://postimg.cc/p9K2mm79 image from https://www.energy.gov/eere/wind/inside-wind-turbine A field of application, which is very different from the one discussed above, could be to offer automation processes for the companies that produce the different solar panels, wind turbines and so on. This, however, has nothing to do with the automation processes used in oil and petrochemical businesses; here we are dealing with real industrial processes which cannot be connected to the former since they are completely different fields. The problem is that we are not sure if Hollysys can provide such solutions and even if it is able, we do not know the time needed for this transition. One of Hollysys' strengths was its vast knowledge in the oil industry, which allowed it to keep various competitors away, but this advantage will not be reflected in the renewable sector since they have no knowledge in this field and, and from what I've seen, the company has not shown any interest in this sector, neither from the various conference calls held in the past nor from the annual or quarterly reports, which suggests management is either unaware of the threat or incapable of addressing it. The fact that management accounts for some fossil fuel plant automation revenue in 'smart factories' suggests the latter, and that they're trying to make it look less serious than it is. We are not saying that the company is in danger of failure, since it still has two other revenue streams to rely on, but we will certainly see a decrease in revenues (in 2019, 41% of revenues derive from automation sector, of those 41%, 40% are from oil industries) and a deterioration in the relationship with the Chinese government. Overall, the conclusion can be drawn that if the coming 5-year plan is unfavourable to Hollysys, the company will face serious setbacks to its short and long-term prospects as the market is pricing in, while a positive 5-year plan that encourages construction of both fossil fuel plants and railways would be hugely accretive to the value of the company. My personal stance is to wait and see what the 5-year plan says – with a small-cap Chinese stock like this, the market is unlikely to immediately react and fully reprice Hollysys on positive news, allowing me a chance to get in after the future is secure even if I miss out some gains. The uncertainty regarding the possible downside to a company is something I hate, although if you have more stomach for risk and think the 5-year plan will be friendly to HOLI, you could jump in now. If you are positive enough to jump in now you may find interesting that in my positive-scenario-model, I therefore attribute to the automation sector a CAGR of about 5% for the next 10 years, the railway sector a CAGR of 5-6% (assuming continued construction in the next 5-year plan) and attribute to the nuclear sector a CAGR of 12-15% given the enormous progress made in this particular sector in the last 10 years. The final stock price would be something between $25-30 but only if Hollysys starts to be valued with the same multiples of its peers and Chinese government postpones its good intentions to reduce their carbon impact on the rest of the world in order to sustain Chinese's economy recovery. Other important facts concerning the company:
Also, I wanted to give you a feedback on what Hollysys has to say about this matter but investor relator has not replied to my email for more than 1 month, this gives you a clue on how bad their communication with investors is. On the other hand, I have scheduled another call with one of their competitors on 18 November to talk about what can be done for companies like these to keep up with the almost sure transition that China will experience in the following years. [link] [comments]  | ||||||||
| What are examples of "cannot-fail" stocks that ended up crashing and staying down? Posted: 31 Oct 2020 01:53 AM PDT There are some companies today that, at a glance, might just seem too big to fail (say, google, microsoft, apple, amazon, alibaba, etc). This made me wonder, have there been examples in the past of similarly large companies that everyone/most assumed couldn't fail, but ended up crashing down and staying there? I'm not necessarily asking about companies that had comparable assets, but rather about companies that were similarly perceived by many as "too big to fail". [link] [comments]  | ||||||||
| Does the price of selling call options indicate how optimistic speculators are about the stock? Posted: 30 Oct 2020 11:28 PM PDT I'm learning the basics of selling call options. I'm wondering what exactly determines the price. When you see a high or low sell price for a call option, what does it indicate to you? To make it easier, I'm offering 3 example stocks below. For purposes of comparison I've set all the following to be the same:
NIO:
What can we determine from this information:
Like can we say investors are 3-3.5x more excited about NIO and PLUG compared to LUV? Are NIO and PLUG similar in terms of their ability to reach the target call price? What insights can we extract here about how the market feels about the stock's prospect for the next 2 weeks? [link] [comments]  | ||||||||
| Can anyone recommend a broker for a UK/US dual citizen living in the UK Posted: 31 Oct 2020 02:10 AM PDT Hi /r/investing, hope you're all doing okay after a rough week for the stock market. I'm new to this subreddit, and also pretty new to investing as well. I have been searching for a broker that is right for my situation. As stated in the title, I'm a dual citizen, British-American. I have lived most of my life in the UK (and my whole family is British) and have never had a residence in the United States. I am self employed and file my taxes with both HMRC and the IRS (though have never actually paid tax in the US due to the foreign income exclusion). So anyway, I have a fair bit of spare cash and wanted to get into investing, but given my complicated tax situation, it's been a bit tough. I recently opened up a stock and shares ISA with a British broker, Hargreaves Lansdown. There are a lot of things I like about them, but their fees are a bit high for my liking, and trading invidual stock is expensive. I also can't currently trade US stocks because they said I'd need to send a W9. I really wanted to open an account with Vanguard, but the US site requires an American address (which I don't have), and the UK site specifically states it CANNOT be used by US citizens. So I feel a little stuck. There's a also the tax complications with tax-advantaged accounts, like the ISA I currently have, or the Roth IRA that I would like to open at some point. They would not shield me from taxes in the other country I'm pretty sure. Going forward, I feel like I'll probably want one British and one American broker. So I guess I'm looking for recommendations for both (since I don't see myself being with HL long-term) and advice about steps I may need to take to open an account with a US broker. Thanks for reading, any advice or suggestions would be greatly appreciated! Edit: I would like to give more info about my intented trading/investing strategies etc. but for the time being I don't really know. All I can say for sure it that I'm it for the long-term, and would not be looking to be trading with any kind of frequency. I definitely want a good chunk of my money in low-fee index funds, but I certainly want to buy individual stocks too, mostly American, that I intent to hold long-term. [link] [comments]  | ||||||||
| Which emerging market country to invest for the decade? Posted: 30 Oct 2020 10:17 PM PDT Given valuations, I think emerging markets (with its growing population) will be a great place to invest. I have several on my list (Indonesia, Vietnam, Nigeria, Brazil, and Argentina). Aside from investing into a broad index as many countries have an array of infrastructure and stable political system, what country would you invest in? [link] [comments]  | ||||||||
| Uber's Driver Misclassification Battle Spreads To Illinois Posted: 30 Oct 2020 10:19 PM PDT Uber's Driver Misclassification Battle Spreads To Illinois Law360 (October 30, 2020, 4:52 PM EDT) -- Uber is facing another worker misclassification class action, this time in Illinois, where a driver claims the company denied him minimum wage, overtime and reimbursements in violation of state law.... [link] [comments]  | ||||||||
| Posted: 30 Oct 2020 02:34 PM PDT Their first quarter of their fiscal year wasn't as bad as I thought it'd be but it wasn't amazing either considering retail is still suffering hard from COVID-19 and less spending due to issues with the recession we're in. But they reported $0.83 diluted EPS. The year ago period was $0.07 EPS. Except: -They got a $92M benefit from the CARES Act and they utilized a net operating loss (NOL) carryback claim. -SGA costs dropped massively. Which is good and as a long term shareholder something I want to see continue happening. SGA is bloated and I want to see it drop more in the future. -Interest expense rose 57%, drawing down on debt due to COVID and to have liquidity for the various expenses that COVID created. Understandable. -Operating earnings per share (277.9M diluted shares outstanding) was $0.72. But reported EPS was $0.84. How? Because of the tax benefit and one time help from the CARES Act. -Pre-tax income was $185.4M You can do this by taking net income and adding income tax expense to it. Take $185.4M and subtract $92M from it. Why? Because that CARES Act benefit is one time. It's not what the company earned through its operations. So you get $93.4M. Divide that by the 277.9M shares outstanding and you get $0.33 EPS. -And you can make it harder for the company also. If taxed at the corporate rate of 21%, then EPS is lower. Take 21% from $93.4M and you get $19,614,000. So $73,786,000 was their net income if you use the current corporate tax rate. Now EPS is $0.26. Not $0.83. $0.83 was triple what they made with one time items being taken out. [link] [comments]  | ||||||||
| Ant Group's IPO sees record $3 trillion in retail demand Posted: 30 Oct 2020 11:05 AM PDT HONG KONG (Reuters) - Retail investors placed bids for a record $3 trillion of shares in Ant Group Co Ltd's initial public offering (IPO), set to be the world's biggest, as mom-and-pop savers bet on demand for its financial services in China. The Shanghai leg of the IPO drew about 19 trillion yuan ($2.8 trillion) of bids from retail investors, or 872 times the number of shares earmarked for them, a company filing to the stock exchange showed on Thursday. The Hong Kong tranche got HK$1.3 trillion ($168 billion) in bids, or 389 times the shares on offer, said people with knowledge of the matter on Friday, declining to be identified as the information is not public yet. [link] [comments]  | ||||||||
| What is the likelihood of SBE - Chargepoint deal falling through? Posted: 30 Oct 2020 11:15 PM PDT In your opinion what is this likelihood of this dealing falling through? What would happen to SBE stock were this to happen? How risky of an investment is it at this time? Curious to hear thoughts. Would love to have a discussion with people on both sides of the argument + hear a little bit of devil's advocate [link] [comments]  | ||||||||
| Posted: 31 Oct 2020 02:28 AM PDT I started dollar cost averaging into BP and RDS back in early April. This is my first year of investing and one of my first buys was BP/Shell because of the dividends and the March drop. I'm not someone from WSB who thinks stocks can only go up and I told myself for a potential 12 months of losses. I was fine with it at the time because I felt I was getting paid 5% in dividends to persevere through the hard times. When the times return to somewhat normality, I'll have have a great ROI from DCA during the crappy months. Well fast forward 6-7 months and my oil position is continuing to drop and it's continuing to eat away at my new-investor insecurities. BP is now at 25 year lows. I was prepared for losses when I didn't have any losses, and now I have losses I want to sell-up and hide it under the mattress. Any words of advice? Is anyone else invested in BP/RDS? [link] [comments]  | ||||||||
| US elections, Covid-19, and China create uncertainty in the market Posted: 30 Oct 2020 03:25 PM PDT "It is not certain that everything is uncertain" - Blaise Pascal, French mathematician & philosopher Here are this week's main stories: 1. Supreme Court heightens sense of uncertainty around U.S. presidential election There is an old adage that the market dislikes uncertainty. With the Supreme Court going back and forth on election rulings (allowing North Carolina and Pennsylvania to accept absentee ballots after election day but not extending the same verdict to Wisconsin), increasing uncertainty has brewed regarding how our nation's highest court will side. Given the Court's 6-3 conservative majority and that 3 of the current justices were appointed by President Trump, it is hard to say whether or not a potential Biden victory could be delayed or even overturned. However, the market could see a positive rally with an overwhelming Biden victory, the first sign of which will be a Biden win in Florida. 2. U.S. is expected to remain open despite spiking Covid-19 cases and the shutdown of multiple European countries Over the past couple weeks, the U.S. has experienced a new high in daily Covid-19 cases and seen the shutdown of France, Germany, and Switzerland. However, U.S. hospitalizations have not moved significantly, leading the market to expect that the U.S. will remain open. If hospitalizations are to increase in a meaningful way, the market will most likely dip since bottlenecks in our hospitals would increase pressure for another round of shutdowns. 3. China aims to reduce reliance on foreign powers as indicated by the country's 5th Plenum Every year, the Central Committee of the Chinese Communist Party (CCP) gathers to decide upon and release their economic and social policy goals for the next 5 years in what is called a Plenum. China's 5th Plenum occurred this week and centered around the country's desire to reduce economic reliance on foreign powers. China currently produces just under 40% of its GDP domestically and wants to move closer to the 2/3 figure commonly seen among developed countries. This will have significant implications on global supply chains as China's nearly 1.4B people consume fewer and fewer international products, namely higher value goods such as cars and smartphones. Also mentioned was China's desire to reduce emissions and become carbon free by 2060. The CCP has indicated that China is currently at peak emissions and will be moving down over the next 15 years as a result of a further push into green energy. The motivations for this move are twofold: 1. reduce reliance on foreign energy (e.g., Oil) and 2. increase the quality of life for its citizens. [link] [comments]  | ||||||||
| Earnings Reports: The oil giants Posted: 30 Oct 2020 06:22 AM PDT After the positive yesterday's reports published by the leading tech companies, 2 of the largest oil corporation published their reports!Why do we talk about it after the reports published? There is a certain advantage when a company publishes its earnings report before the market opens, a proper analysis of the situation combined with the ability to understand the report data is like playing poker when we know we can see most of the cards of the other players at the table! 💎Exxon Mobil (XOM) The company is one of the world's largest companies by revenue. The company already published the report showed better results in terms of earnings per stock (EPS) and revenue. From 1996 to 2017 varied from the first to sixth-largest publicly traded company by market capitalization. Earlier this month, the company announced that it will cut over 1,600 jobs in Europe as a result of the Covid, this may seem like bad news but layoffs often push the stock price upward and attract most institutional investors. Despite the global trend of reducing crude oil dependence, the company does not appear to be significantly affected by this in the coming years, keeping the company as a must-have asset in every portfolio. Employees: Over 71,000 Revenue in 2019: $265 billion Q3 Revenue Forecast: $45 billion, result: $46.2 billion 💎Chevron The company already published the report, EPS came extremely positive (forecast: -$0.23 Vs the actual result: $0.11) but the revenue went a bit below forecast, not something that will affect the stock price and certainly not in the mid/long term. One of the successor companies of Standard Oil is headquartered in San Ramon, California, and active in more than 180 countries. Same like Exxon, it can take at least a decade until the green energy trend will significantly hit the company's profitability and even then, the company is an extremely big corporation with almost unlimited resources which of course helps them adopt other profit models and units. Employees: Over 48,000 Revenue in 2019: $146 billion Q3 Revenue Forecast: $25.6 billion, result: $24.4 billion [link] [comments]  | ||||||||
| What is the best way for stable short term modest growth right now? Posted: 30 Oct 2020 11:03 PM PDT I have been comparing the benefits of keeping a lump sum of money needed in 6mths for a down payment in a savings account (0.6%) vs 6mth CD (0.4%) vs a bond fund. I can accept a little risk, hence my thoughts on a bond fund, but I don't have enough experience with this and looking for advice. [link] [comments]  | ||||||||
| INDF ETF - new way to invest in India - thoughts? Posted: 30 Oct 2020 10:12 AM PDT INDF ETF just listed. It's a new way to invest in India and through a basket of Indian financial services companies. Indian banks and financial companies have been stock market darlings for the last decade but are down this year because of Covid (conversely, pharma stocks are up big). It's an interesting way to play the reversal if there is a vaccine/GDP growth comes back. Anyone trading it? [link] [comments]  | ||||||||
| Posted: 30 Oct 2020 09:59 AM PDT I'm hoping someone might be able to help me understand what happened/is happening with Digital Turbine ($APPS). Yesterday after hours, Digital Turbine posted their quarterly earnings which seemed overall positive:
What I don't understand is why is the stock down ~14% the day after a positive earning call. It also fell immediately in after hour trading, too. Are there signs one can look for to indicate what might be going on? I recognize it's a down day in the market overall but still seems unexpected from my limited understanding. [link] [comments]  |
| You are subscribed to email updates from Lose money with friends!. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment