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    Monday, October 5, 2020

    Stocks - r/Stocks Daily Discussion Monday - Oct 05, 2020

    Stocks - r/Stocks Daily Discussion Monday - Oct 05, 2020


    r/Stocks Daily Discussion Monday - Oct 05, 2020

    Posted: 05 Oct 2020 01:08 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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    Nvidia pledges to build Britain’s largest supercomputer following $40 billion bid for Arm

    Posted: 05 Oct 2020 06:08 AM PDT

    https://www.cnbc.com/2020/10/05/nvidia-pledges-to-build-britains-largest-supercomputer.html

    Nvidia has announced plans to build a £40 million ($52 million) supercomputer in Cambridge, England.

    The supercomputer — named "Cambridge-1" is intended for artificial intelligence (AI) research in health care.

    The announcement comes just a few week after Nvidia said it intends to buy British rival Arm for $40 billion.

    submitted by /u/coolcomfort123
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    Here is a Market Recap for today Mon, Oct 5, 2020. Please enjoy!

    Posted: 05 Oct 2020 01:37 PM PDT

    PsychoMarket Recap - Monday, October 5, 2020

    Stocks rose Monday, mostly recovering Friday's losses, as market participants continue to closely monitor developments around the health of President Trump and additional fiscal stimulus.

    Last Friday, Pres. Trump announced that he and the First Lady had contracted COVID-19 and that he was going to Walter Reed Military Medical Center to receive treatment. White House physician Dr. Sean Conley, said Sunday that the President was being treated with steroid dexamethasone (which is typically used in severe cases), remedesivir (broad-spectrum antiviral medication developed by Gilead (GILD)), and REGN-COV2 (which is used to alleviate symptoms and reduce viral load developed by Regeneron (REGN)). Since then developments around the President's health have been mostly positive. About an hour or two before market close, Pres. Trump tweeted that he planned to leave the hospital today at 6:30 p.m. ET.

    Market participants also continue to closely eye updates around the election in light of Pres. Trump's diagnosis and his inability to continue campaigning in the last few weeks before the election on Nov. 3. A new poll released Sunday by NBC News and the Wall Street Journal conducted after last week's presidential debate, but before news emerged that Trump had tested positive for Covid-19, found that former Vice President Joe Biden was leading Trump 53% to 39% nationally among registered voters in the survey.

    House Speaker Pelosi and Treasury Secretary Mnuchin have committed to keep working together to try and come to an agreement regarding additional fiscal stimulus after last week's failed meeting. Today, Pelosi and Mnuchin met once again, for about an hour, but were again unable to come to a consensus. The pair expects to talk again Tuesday as the White House and Democratic leaders try to craft an elusive second pandemic relief package, Pelosi's spokesman Drew Hammill said in a tweet. While Mnuchin and Pelosi are pushing to come to an agreement, there are still a range of outstanding disagreements between Democrats, Republicans, and White House officials.

    Economists and FOMC officials are once again pushing for the passage of additional stimulus. With millions of Americans out of work and small businesses struggling to stay afloat, economists are worried that a lack of additional fiscal stimulus would completely stunt the already slowing US economy. Seema Shah, chief strategist at Principal Global Investors said, "Economic scarring is likely to become more apparent in Q4 as more companies finally start to throw in the towel, reporting closures and job cuts. Without additional aid [fiscal stimulus], the struggles will become more widespread and evident."

    Highlights

    • Shares in Cineworld Group, which owns Regal Entertainment Group, plummeted nearly 40% in London after the second-largest cinema chain in the U.S. said it was closing all of its locations nationwide, putting in risk an estimated 45,000 jobs, escalating the pandemic-driven crisis facing the entertainment industry and the labor market.
    • Nancy Pelosi issued a public statement to airline executives urging them to, "not fire people. You know relief is on the way."
    • Exxon Mobil (XOM) announced it would cut 1,600 jobs in Europe.
    • Quanterix (QTRX) said on Monday it has struck a deal for Abbott (ABT) to access its portfolio of bead-based technology patents for use in in vitro diagnostic applications.
    • Qiagen (QGEN) announced a new COVID-19 testing kit that "simplifies and accelerates PCR analysis".
    • Tesla (TSLA) is the only automaker growing so far in this pandemic-stricken year in the notoriously hostile market of Germany, per electrek.com
    • Morgan Stanley (MS) upgraded Intuit (INTU) and Docusign (DOCU)
      • $INTU upgraded from Equal-weight to Overweight with a price target lifted from $315 to $400.
      • $DOCU upgraded to OVERWEIGHT, $260 price target
    • Hino Trucks and Toyota (TM) agreed to jointly develop a Class 8, heavy-duty fuel electric truck for North American Market
    • Slack (WORK) reported they are experiencing functionality issues with their platform today.
    • Draftkings (DKNG) announced a public offering of 32 million shares. The company will offer 16 million shares, with an additional 16 million shares being sold by DKNG stockholders, per Benzinga
    • Paris and its surrounding suburbs have been put on "maximum alert" Monday as coronavirus cases surge in the city.
    • Xpeng (XPEV) upgraded by Credit Suisse with a BUY rating and $21 price target.
    • J.P. Morgan also rates as BUY with a Price target of $27.
    • Regeneron (REGN) upgraded by Cantor Fitzgerald NEUTRAL to OVERWEIGHT at $690. Stock currently $603 after running today.
    • Mcdonalds (MCD) target raised by Bank of Amercia (BAC) Securities from $220 to $250 at BUY. Stock currently $226.
    • Aphria (APHA) had its target raised by Cantor Fitzgerald from $12.50 to $15.50 at OVERWEIGHT. Stock is $4.40
    • Alibaba (BABA) to acquire 9.99% stake in Dufry AG (Switzerland-based travel retailer)

    "The most difficult roads lead to the most amazing places." - Unknown

    submitted by /u/psychotrader00
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    Global stocks rise after Trump's doctor said he could leave hospital soon

    Posted: 05 Oct 2020 03:48 AM PDT

    Global markets and US stock futures are rising after Trump's physicians said that the president could be discharged from Walter Reed National Medical Center as early as Monday >>> https://edition.cnn.com/2020/10/05/investing/global-stocks/index.html

    submitted by /u/Christian-Citton
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    GAN bag holders, you can come out of the closet now. WYNN and GAN just signed a 10 yr agreement

    Posted: 05 Oct 2020 05:38 AM PDT

    According to reports this morning, GAN signed a 10 year agreement to provide iGaming and internet sports betting in Michigan.

    My bags just got a little bit lighter, been holding since May.

    Up 14% premarket.

    submitted by /u/pantsismycat
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    A bit of math on $HYLN

    Posted: 05 Oct 2020 10:07 AM PDT

    Hi all, I am currently hold a position of 6200 shares in Hyliion u/20.86 and have decided to share some valuation numbers

    1. total No. of shares outstanding after merger = 161,626,147
    2. total No. of Warrents = 18,310,641
    3. total No of Shares + Warrents = 179,936,788

    Source : [https://www.sec.gov/.../0001213900-20-011297-index.htm)

    This source is 100% cannot lie

    Current market cap based on this = 40 x 179,936,788 = USD $7,197,471520

    4 Year average Profit Projected = USD 172,250,000

    Forward P/E = 21 times

    Average Forward P/E for growth Companies = 40-60 times

    Expected Minimium Share price = USD 40-50 Dollars

    just for comparison, Tesla's forward P/E is 197 as of 26 Aug 2020

    This is Solely based on hard math

    however, based on the earnings projections of 2024,

    profit = 607,000,000

    P/E at 2024 of growth ( considering they only have 2.3 % of the market, and will have much space o grow) = 45

    Market Cap = 24,000,000,000

    share price = 151.8

    Risk is on the average profit projection, which is based on Investor Prospectus, which could be wrong

    HOWEVER, based on my business and auditing experience, this risk is LOW because the assumptions used in their prospectus is conservative

    1. they estimate to only capture 2.2% of the market, which is low,
    2. their time line, which is for delivery of ERX in 2021-2022, is generous considering they have a working prototype on the road now, 3.their financial requirements, which calls for cashflow of 600 million (the amount they are raising in this Merger) represents 30% of sales, which is a very reasonable amount
    3. CFO is from PwC, the second most conservative of the Big 4 Audit firms
    4. Anchor Purchase of the ERX is already in the Books by Agility, a company part owned by the Kuwait Government, and they are also investors in the company.

    In terms of price action, note that larger Instituitional investors are generally NOT allowed to purchase shares at the moment, as the company Market Cap is below US 1 Billion and the merger has not gone through.

    Note as well that there is currently USD 4-5 trillion sitting on the sidelines awaiting to enter the market hence a massive stock crash is unlikely, as there is too muck liquidity to prop the market up Hence i my projection might well be it hitting around 150+ or more

    final price point for Hyliion

    Assume 20% share and profitability stay the same and no Dilution but rather reinvestment to produce this

    Profit = 6,070,000,000

    P/E ratio (no longer growth but value) = 20 times

    Market Cap = 121,400,000,000

    No of share = 179,936,788

    final price = 674.68

    possibility to hit this in 10 years = 85%. in Addition to the above, which was done in aug, new data involved include

    1. Andrew H card is the former Bush transport secretary and young bush COS. He will not join any random company unless it is truly strong, hence this is another stamp of approval
    2. Robert M night is going to bring some contracts to Hyliion. he is a director of Schneider and they have a massive fleet https://en.wikipedia.org/wiki/Schneider_National
    3. Nikola has been exposed as a scam. this leaves Tesla and Hyliion as the main players in this area. however, even bill gates has said that for long Haul there needs to be on board power generation. this is logical due to the nature of work. hence i believe Hyliion has an edge over tesla in this area. even battery day, while showing massive improvements in battery, is still insufficent to overcome this range issue

    PS: Apologies for any grammatical mistakes

    submitted by /u/Cafeparici
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    Everybody's a winner today! (hopefully)

    Posted: 05 Oct 2020 12:55 PM PDT

    Hopefully we all got some good gains in today, as the markets are coming to a close for Monday. For the newer folks, don't let today get to your head. Stick to your plan. If you got your paycheck and today was the day to invest, then I hope you got some of the green. If today wasn't your day to invest, then I hope you enjoyed seeing your stocks run! Your humble and patient approach will pay off, trust me. Great start to the week. Sending everyone some positive vibes.

    submitted by /u/investstayhumble
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    Alteryx Announces Mark Anderson to Succeed Dean Stoecker as CEO

    Posted: 05 Oct 2020 01:24 PM PDT

    Link here: https://www.prnewswire.com/news-releases/alteryx-announces-mark-anderson-to-succeed-dean-stoecker-as-ceo-301145939.html

    Dean Stoecker was the previous CEO of Palo Alto Networks - a cybersecurity company. He seems to have good previous experience with tech companies. How do you think this will change the outlook of the future for AYX considering their last earnings report had a grim forecast?

    submitted by /u/mymanmitch21
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    LAC looking VERY GOOD

    Posted: 05 Oct 2020 01:21 PM PDT

    So since the TESLA battery day I have been watching "related" stocks and trying to find winners and solid stocks to possibly get into on the long side. A particularly consistent winner I found at 9 something was $LAC. American Lithium has bounced steadily to 16 in the last couple weeks and it's not surprising. I'm wonding if I should get in now or wait for a pullback. I've only been trying to trade for a couple months and have had horrible luck mostly because of lack of system and strategy. Does anyone else like LAC or anything else with similar steady growth?

    submitted by /u/pollarzz
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    Understanding Hyliion (HYLN)

    Posted: 05 Oct 2020 06:35 AM PDT

    I would like to understand their competitive advantage. I read a few articles and looked into the investor info, but I do not feel confident about my knowledge of the company to get in.

    Are they really so ahead? What stops other manufacturers from making the gas/electric hybrid trucks? In the Forbes article on HYLN, the Dana SVP of commercial vehicle drive systems claims that the "real secret sauce" that HYLN brings is their software that optimizes the engine performance based od road conditions. And that does not really fill me with confidence.

    submitted by /u/Bambus174
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    Solar stocks

    Posted: 05 Oct 2020 12:41 PM PDT

    I just sold enph (93% up) and canadian solar (53% up).

    I want to buy solar edge now with the good profit i made or shall i go for an ETF. Solaredge has also grown a lot lately but not as crazy as ENPH, and all the analyst reviews seem to be very good.

    Any views?

    submitted by /u/futureIsYes
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    Top Stories - Monday, Oct. 5, 2020

    Posted: 05 Oct 2020 01:13 PM PDT

    Summarized to save you time.

    Why were stocks (and rates) higher?

    • Upcoming election among factors helping stocks on Monday. Latest polling shows Biden widening lead against Trump both nationally and in battleground states, lowering risk of a contested election (Bloomberg). Rising odds of fiscal stimulus with Dem sweep were also increasingly in focus. Economists from Goldman Sachs upgraded their US forecasts on a higher probability of a stimulus of at least $2T shortly after 20-Jan inauguration. There was also optimism from White House over agreement on stimulus as soon as this week (though bipartisan deal still faces a number of headwinds). Rates were also higher with curve steepening on some of today's election themes given potential impact of borrowing, inflationary pressure around massive stimulus. JPMorgan strategists also downplayed potential tax increases, arguing they'd be watered down given current economic conditions. Other ongoing tailwinds included monetary policy, vaccine optimism, resilient corporate profits.

    All sectors finish higher, with energy, tech, healthcare the leaders:

    • Energy led the market amid big WTI gains with refiners, services among best groups. Tech beat the tape on gains across semis, hardware. Healthcare was an outperformer with biotech getting a boost from M&A tailwind, while managed care also extending recent gains on lower perceived threat from a Biden administration. Materials was ahead on strength in industrial metals, chemicals (lithium names in particular). Industrials was a slight underperformer with machinery, trucking better but some weakness in airlines. Communications services stocks were broadly higher, but telecom performance was more moderate. Homebuilders, restaurants were among the drags on consumer discretionary. Financials saw some outperformance by banks, but some softness in exchanges, online brokers. Consumer staples saw scattered decliners in beverages, HPCs. REITs trailed the market.

    Trump leaving hospital this evening:

    • President Trump tweeted he will leave Walter Reed Medical Center today. Members of his medical team said Trump has been fever-free for 72 hours, has been ambulating, and has no respiratory complaints. Added while he may not be entirely out of the woods, the team agrees that his clinical status supports returning home to the White House. Said discussions had taken place about precautions for the president to follow as he does his work. Trump has been treated with Gilead's (GILD-US ) remdesivir and will receive a final dose tomorrow at the White House. Also received a cocktail of monoclonal antibodies by Regeneron (REGN-US ) and the steroid dexamethasone, which is typically used for the sickest COVID-19 patients.

    Trump calls for swift action on stimulus, Pelosi says progress being made:

    • President Trump on Saturday urged Congress to move swiftly on fiscal stimulus. Washington Post noted White House officials have privately expressed confidence the outlines of a deal could come to fruition by the middle of the week. House Speaker Pelosi said on Sunday that lawmakers "making progress" but flagged significant disagreement in key areas such as unemployment, schools, and state and local funding, the Child Tax Credit and Earned Income Tax Credit, testing and tracing, and appropriations. Pelosi and Treasury Secretary Mnuchin reported to have spoken for an hour today and will exchange proposals in advance of another phone call tomorrow (Reuters). Recall Democrats passed a $2.2T bill last week while White House recently offered a $1.6T package. Note House and Senate are both currently out of session.

    September ISM services surprised higher on new order strength:

    • ISM services index for September of 57.8 beat 56.3 estimate, up from prior month 56.9. Business activity index up 0.6 at 63, new orders index up 4.7 at 61.5, employment index up 3.9 at 51.8. Prices, supplier deliveries, backlog of orders, and new export orders growth all decelerated rather sharply while inventory sentiment increased more quickly. Elsewhere, September Markit services PMI at 54.6, unchanged from flash reading and down slightly from August's 55. New sales, selling prices, and foreign client demand grew more quickly with employment, backlog of orders, input costs also strong. Employers noted an increase in PPE prices. Business confidence fell to a four-month low.

    Post-debate polls show Biden with solid lead over Trump:

    • WSJ/NBC News poll showed Joe Biden leading President Trump 53-39% among registered voters, up on a 8-point lead in last month's poll. Survey found evidence last week's presidential debate had a material effect on Trump's political standing. Reuters poll showed Biden leading 51-41%, his biggest advantage in a month. Survey showed little indication Trump garnered an outpouring of support beyond his base after being diagnosed with coronavirus. Majority of Americans felt Trump could have avoided infection if he took coronavirus more seriously. Other surveys show Biden leading or tied in key battleground states. NY Times/Sienna College poll had Biden leading by seven points in Pennsylvania and five in Florida. CBS Battleground Tracker poll showed Trump and Biden neck-and-neck in Ohio.

    Big tech stocks among most vulnerable to a corporate tax increase from Democratic sweep:

    • WSJ noted that according to estimates from BofA, the tax increases that could result from a Democratic sweep in November would cut S&P 500 earnings by 9.2%. Added that the drag would be most severe for the tech, communications services and consumer discretionary sectors that are home to Apple (AAPL-US ), Microsoft (MSFT-US ), Alphabet (GOOGL-US ), Facebook (FB-US ) and Amazon (AMZN-US ). Also discussed how tax headwinds on those big tech stocks could have broader market implications given index concentration dynamics and the extent to which they have driven the rally since the coronavirus lows in March. Big fiscal stimulus could also unleash a rotation to value and cyclicals. However, big tech still expected to benefit from its outsized leverage to the secular growth, secular disruption and central bank liquidity tailwind themes.

    Recession-level job cuts now being seen in industries not directly impacted by pandemic:

    • NY Times discussed how even if you exclude the sectors directly affected the pandemic, the number of jobs in the US is 4.6% lower in September than in February. Noted that is close to the 5.3% contraction in total employment that took place during the entire 18 months of the Great Recession and roughly three times worse than what was seen in the 2001 recession. Highlighted the mechanical effect of shutdowns in large parts of the economy. Also pointed out that is often the case in recessions, the pandemic has led many companies accelerate restructuring efforts that were already underway. According to Morgan Stanley, companies cut COGS and SG&A by 5.4% in Q2. Paper said that this scarring suggests that even as the reopening gains traction and vaccines get closer, the economy is unlikely to see a rapid snapback to pre-pandemic levels.

    Bets on steeper yield curve hit record level:

    • Bloomberg noted that speculative bets against longer-dated Treasuries have hit a record high, suggesting that investors are getting more aggressive in their positioning for a steeper yield curve. Net short speculative positions in long bond futures saw biggest weekly increase since 2007 to ~209K contracts, while net long positions on 10-year Treasuries have risen to their highest since October 2017. Article discussed how steepeners are often seen as bets on reflation. This fits with the pickup in expectations for a Democratic sweep in November that could unleash more meaningful fiscal stimulus. Steepeners also play into expectations for bigger deficits. Report did not highlight expectations by some strategists that the Fed will ultimately implement a yield curve control strategy to dampen upward pressure on long-term bond yields.

    What's on tap for the week?:

    • This week looks pretty quiet from a calendar perspective (particularly the corporate calendar). Fed Chair Powell speaks on Tuesday but it seems unlikely he will deviate much from the messaging at the September FOMC press conference. The September FOMC minutes are out on Wednesday and there is likely to be some outsized scrutiny surrounding any discussion regarding changes to the QE program given some of the recent pickup in "peak Fed" concerns. The vice-presidential debate is on Wednesday night and takes on increased importance given the coronavirus developments. The House Judiciary Committee's antitrust subcommittee is expected to release its report on antitrust allegations against big tech, while the Justice Department's widely previewed antitrust lawsuit against Google may hit late in the week.

    NYC to close public schools and nonessential businesses in Queens and Brooklyn amid rise in coronavirus infections:

    • NYC Mayor de Blasio announced Sunday public schools and nonessential businesses in Brooklyn and Queens neighborhoods will close from Wednesday pending approval from the state (WSJ). Neighborhoods in those areas have logged positive rates above 3% for seven consecutive days, compared to seven-day average positive rate of 1.72% for the city overall. US recorded 50K new cases on Saturday, marking first back-to-back increases of 50K+ since mid-August (WSJ). Seven-day average of new cases higher than 14-day average in 31 states, up from 29 on Friday. Meanwhile, several states in Midwest and West are reporting record-high hospitalizations (CNBC). However, fatalities trending down with the seven-day death average falling below 700 for the first time since 10-Jul.
    submitted by /u/spacej3di
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    Can we talk about PLTR?

    Posted: 05 Oct 2020 01:09 PM PDT

    I'm sure many of us have invested in Palantir on IPO day... but the whole thing feels a bit off to me.

    1st the market was very frothy at every IPO last month, (of course I missed snowflake) but palantir goes to direct listing. I find out later that it's a chance for every bag holder for the last however many years of the company, before it went public, to offload their shares. I realize I made a mistake, but I'm not the only one. Everyone expected it to moon once it opened, instead of course, Murphy's law takes over and it has started bleeding.

    Anyway, starting this thread to see what your plans are: hold, cut losses, or what? I am debating cutting my losses at a 10% loss because I feel like I'm missing out with opportunity cost. Also the market is about to go waaaay volatile and I feel like PLTR is gonna hurt more than most companies. What are you guys thinking about it? I am especially interested in asking the bag holders like me.

    submitted by /u/SingularCells
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    Which companies are the most undervalued at the moment?

    Posted: 05 Oct 2020 02:15 PM PDT

    Title. Which stocks do you consider as incredibly undervalued at the moment, even with the recent rising of the market? Long story short: which company do you see as a STRONG BUY for the next year? Discuss!

    submitted by /u/Piglet_69
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    MSFT, AMD, and TSMC, seeking some analytics to help understand and evaluate their current and projected prices

    Posted: 04 Oct 2020 11:11 PM PDT

    I'm into pc gaming and tech, so these are sectors I'm personally invested in. I'm trying to understand from a financial perspective though which direction these stocks are moving.

    All indications say they're heading up rapidly as they have been showing. But is this just a bubble for the stock? How do we determine their actual value in light of all of the data? Is it overbought? Plenty of people think so!

    I think these three companies are all so intrinsically linked that they're going to continue succeeding side by side.

    But I would like to continue researching and understand their valuation better from a more analytical perspective. If anyone is kind enough to help me or link me to some good reads then I'd be very grateful, thank you.

    submitted by /u/ukiyuh
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    Can someone explain to me why the stock with the ticker APPS is a good keep? Or should I sell it next time it goes down?

    Posted: 05 Oct 2020 12:42 PM PDT

    From advice from my sister, I bought shares from the stock APPS, digital turbine, a bit more than 3 weeks ago when it was $24.97 and now it's sitting at $35.42.

    I'm currently 20 years old and looking to invest long term and this stock has shown me good results so far. From the site, morningstar.ca, I could gauge the financial performance of this company by looking at their balance sheet, income, and cash flow.

    Their revenue has been on an uptrend for the past 3 years, the same with their net income. Their diluted earnings per share has been on an uptrend as well. (if you want to look at the details yourself please look at this link). The company's assets largely dominate those of its liabilities. Lastly, they have a positive free cash flow. From what I can see, at least, it's a good company.

    I've also been scouring the internet for other opinions and other people say it's going to be bullish.

    What is your guys' opinion? Did I miss something in my analysis enough to the point I should sell it? Or should I keep riding the wave? After all, the future is unpredictable. but for the LONG term.

    I'm no master investor. In fact, I just started 1 month ago. That's why I welcome any opinions.

    submitted by /u/PikeEater47
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    ICLN option?

    Posted: 05 Oct 2020 02:09 PM PDT

    Is this a good option? I'm brand new to options. I have studied it online enough to feel comfortable to make my first call.

    I'm looking at getting in on

    ICLN.

    $18 call at $2 premium. Expiring Oct 16th. I would have to sell at $20 to break even current share price is $19.95.

    Thoughts on this option? Let me know if it seems like a good play or not/ what your suggestions are.

    submitted by /u/IuseRedditforThings
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    Let talk about used cars.

    Posted: 05 Oct 2020 08:19 AM PDT

    Used cars are selling like hotcakes, and they suffered little setback from COVID-19. With stagnating wages, increasing cost of new automobiles, and reduced discretionary spending, used cars are very popular. How does one participate?

    The largest auctioneer of used cars is Manheim Holdings which appears to be a private entity under the COX conglomerate.

    Copart is my favorite company dealing in low value and damaged vehicle auctions. They've had a nice 30% increase in stock value in the past 3 months.

    Where else might one look for opportunities as interest in used cars increases?

    submitted by /u/Dr_DeesNuts
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    Today's Trending Company News

    Posted: 05 Oct 2020 07:37 AM PDT

    GOOG - Alphabet, Inc.

    • Google delays its 30% fee for Android developers in India amid Play Store row.

    AAPL - Apple, Inc.

    • Apple is suing a recycling firm for $23 million, claiming it allegedly re-sold iPhones, iPads, and Apple Watches instead of breaking them down.

    MSFT - Microsoft Corp.

    • Codat becomes a Microsoft partner to give banks easy access to SME financial data.

    UBER - Uber Technologies, Inc.

    • Uber is selling a $500m stake in its logistics business.

    INFY - Infosys Ltd.

    • Infosys Completes Acquisition of GuideVision, a Leading ServiceNow Elite Partner in Europe | Business.

    MYOK - MyoKardia, Inc.

    • Bristol Myers to buy heart drug developer MyoKardia for about US$13 billion.

    TSLA - Tesla, Inc.

    • Tesla in discussion for major investment in Indonesia, a key nickel producer: report.

    BMY - Bristol Myers Squibb Co.

    • Bristol Myers to buy heart drug developer MyoKardia for about US$13 billion.

    CAT - Caterpillar, Inc.

    • Caterpillar To Acquire Weir Oil & Gas For $405M In Cash.

    BABA - Alibaba Group Holding Ltd.

    • Alibaba To Pick Up Nearly 10% Stake In Dufry With $763M Investment.

    IBM - International Business Machines Corp.

    • Thai central bank issues $1.6B in government bonds on IBM BC.

    RMG - RMG Acquisition Corp.

    • EV battery maker Romeo Systems to go public through a $1.33 billion deal
    • Romeo Power Technology, Leading Provider of Battery Technology to the Commercial EV Market, to List on NYSE Through Merger With RMG Acquisition Corp.
    submitted by /u/checkinggg
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    Is this the bottom for IVR?

    Posted: 05 Oct 2020 06:23 AM PDT

    Reits in general have had a bad 6 months, which makes sense. However, a little while back IVR announced an increase in dividend from 0.02/share last quarter to 0.05/share. The price is below it's target, and despite losses at the start of the pandemic, has mitigated a lot of it's debt. Is this where the stock starts to turn around? Or am I missing something?

    Edit: position - 480@2.75, 1/21/22 4.00C

    submitted by /u/Waggles0843
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    Do I need options in my portfolio?

    Posted: 05 Oct 2020 12:29 PM PDT

    Hello, I'm 19 years old and I just recently (about a month ago) got into stock. I've known about stocks for while and did research and I've been kinda obsessed with stocks. The last month, I researched everything so I'm not a "beginner" but I am at the same time. The thing is options scare me a bit because of how people lose large sums of money and I'm very foreign to the idea of options.

    I have $18000 saved and I'm putting a percentage of my bi-weekly paychecks into stocks (around $150-$300 every two weeks). I want to move to Florida for film school and I'm trying to build my $18000 to $24000 (not only on the stock market but for it help). I'm moving there in February of next year.

    So should options be a part of my portfolio or would I be fine just contributing into ETFS/individual stocks and getting my return that way.

    Here is my stock list I want to invest in through the year.

    APPL INTC COST TSLA JNJ SQ WMT BA BABA SPY ATVI EEM VXUS IWM QQQ VOO VTI ARKK UBER MCD SBUX DNKN NFLX AMD NVDA PPL AMZN FB

    Thank you!

    submitted by /u/NICKYPOOPOO16
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    Cineworld stocks?

    Posted: 05 Oct 2020 04:30 AM PDT

    Cineworld said on Sunday that no decision had been taken. Its announcement to the City on Monday read: "Cineworld confirms that it will be temporarily suspending operations at all of its 536 Regal theatres in the US and its 127 Cineworld and Picturehouse theatres in the UK from Thursday 8 October 2020.

    Would now be a good time to invest in stocks for the long term as stocks are now CHEAP and since they are only temporarily closed by this time next year the stocks could go up by a huge amount

    submitted by /u/Ryan14012
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    Too much amazon?

    Posted: 05 Oct 2020 09:15 AM PDT

    33.53% Amazon

    16.09% Facebook

    12.55% Microsoft

    7.49% Square

    3.24% KWEB

    3.24% CQQQ

    0.54% Xpeng

    1.08% NIO

    1.66% Tencent

    4.77% Alibaba

    3.47% PBW

    3.92% ICLN

    0.88% MCHI

    2.13% TQQQ

    1.55% UPRO

    0.50% Hylion

    3.38% Intel

    What do you guys think?

    submitted by /u/Reden95
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    Take emotions out of your trades

    Posted: 05 Oct 2020 08:34 AM PDT

    As many successful investors such as Warren Buffet or Ray Dalio indicated, the long term consistent return has been only possible for them by following a set of trading rules which help them control their fear and greed emotions.

    A solution provided by "Watch My Risk" is helping investors to have a set of rules govern their exit criteria and as a result not only allow them to have discipline in their trading but also give them more peace in mind.

    Link to the apps are:

    ios:

    https://apps.apple.com/us/app/watch-my-risk/id1524090509

    Android

    https://play.google.com/store/apps/details?id=com.watchmyrisk.android

    submitted by /u/watchmyrisk
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    $QQQ - What happens if these companies are forced to divest from Anti-Trust Hearings

    Posted: 05 Oct 2020 11:13 AM PDT

    What do we think will happen to the NASDAQ-100 if some of these majority weighted companies are forced to spin off in at least two other moving parts? For instance, if $FB has to get rid of Instagram and WhatsApp, this will surely affect revenue. Does it cause a massive drop in valuation? Does this make afraid to hold QQQ?

    submitted by /u/TeamWiped69
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