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    Stocks - r/Stocks Daily Discussion & Fundamentals Friday Jun 11, 2021

    Stocks - r/Stocks Daily Discussion & Fundamentals Friday Jun 11, 2021


    r/Stocks Daily Discussion & Fundamentals Friday Jun 11, 2021

    Posted: 11 Jun 2021 02:30 AM PDT

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post.

    Some helpful day to day links, including news:


    Most fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports. Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well.

    See the following word cloud and click through for the wiki:

    Market Cap - Shares Outstanding - Volume - Dividend - EPS - P/E Ratio - EPS Q/Q - PEG - Sales Q/Q - Return on Assets (ROA) - Return on Equity (ROE) - BETA - SMA - quarterly earnings

    If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" 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.

    Useful links:

    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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    r/Stocks Daily Thread on Meme Stocks Friday - Jun 11, 2021

    Posted: 11 Jun 2021 04:00 AM PDT

    The meme stock scheduled posts will run Mon to Fri and won't be a sticky; you're probably seeing this because automod sent you here or you woke up early Wall St time; good morning!


    Welcome traders who just can't help them selves discuss the same exact stock that's been discussed 100s of times a day. I get it, you want to talk about what's popular, what's hot, and that 1.. single.. stock you like.. well here you go! Some helpful links just for you:

    An important message from our mod u/TCGYT regarding meme stocks.

    Lastly if you need professional help:

    • Problem Gambling: Call/Text: 1-800-522-4700 or chat online now.
    • Crisis Hotline (24/7): 1-800-273-TALK (8255) (Veterans, press 1) or Text "HOME" to 741-741
    submitted by /u/AutoModerator
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    Amazon will overtake Walmart as the largest U.S. retailer in 2022, JPMorgan predicts

    Posted: 11 Jun 2021 08:10 AM PDT

    https://www.cnbc.com/2021/06/11/amazon-to-overtake-walmart-as-largest-us-retailer-in-2022-jpmorgan.html

    Amazon is on track to surpass Walmart as the largest U.S. retailer by 2022, J.P. Morgan analysts wrote in a note published Friday.

    Amazon's U.S. retail business is the "fastest growing at scale," the analysts wrote.

    After 9 months of consolidation, amazon should be finally able to break out. AWS and advertising keep growing, and amazon shipping operation can now challenge UPS, Fedex and USPS. For e-commerce, it is still a leader that none of the any other company can match or catch up. For the past 2 weeks investors were slowly rotating back to the established growth big tech stocks, so amazon should be able to break ath this month.

    submitted by /u/coolcomfort123
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    Preparation for trading day - june 11, 2021

    Posted: 11 Jun 2021 04:53 AM PDT

    Preparation for trading day - june 11, 2021

    I usually prepare some notes to summarize what is going on in the markets before the market open and i thought people might like it, let me know if you if find it useful.

    Note that this only includes stocks with larger market cap and stocks considered popular.

    Notable Price Upgrades and Downgrades

    Nasdaq (NDAQ)

    • Morgan Stanley initiates overweight rating (Price target $205)

    Fastly (FSLY)

    • RBC Capital initiates sector perform rating (Price target $50)

    Biogen (BIIB)

    • Bernstein upgrades to outperform rating (Price target $500)

    Coursera (COUR)

    • RBC Capital initiates outperform rating (Price target $50)

    Snowflake (SNOW)

    • Rosenblatt maintains buy rating (Price target changes from $270 to $265)

    Logitech International (LOGI)

    • Morgan Stanley downgrades to equal weight rating

    Today's Economic Calendar

    * 10 am - Consumer sentiment index (preliminary)

    IPO market

    nothing today

    That's all folks, have fun and stay green

    Disclaimer: I am not a financial advisor, and nothing in this post shall be seen as a financial advise. Always make to sure to vet the accuracy of statements and do your own research before using it in any way

    submitted by /u/greenfish00
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    If People Are Freaking Out Over 2 Positive COVID Tests, The Cruise Stocks Are Pretty Much Doomed

    Posted: 11 Jun 2021 01:01 PM PDT

    I liked CCL and other other cruise line stocks as a re-opening play, there is obvious pent-up demand, but after seeing how the stocks reacted to 2 positive tests (on a supposed 100% vaccinated ship)... there is simply no way these stocks are going to be able to get any traction. The news media will jump on literally every case to fear monger, and every ship is going to have at least one positive COVID test, I almost guarantee it.

    If you had to test for airlines, I guarantee you'd find a ton of positive COVID people flying right now as well, but that isn't required so the news media will not get ahold of it.

    submitted by /u/madcapmax
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    Inflation is actually in the norm for the decade

    Posted: 11 Jun 2021 01:06 AM PDT

    There is a lot of talk about inflation and how it is supposedly spiking and very high. The May 2021 CPI reported yesterday shows a 5% jump YoY in all categories with an apparently HUGE jump of 28.5 % YoY when looking at energy.

    However it seems that most people, and the media, are forgetting that 1 year ago, May 2020 was when the whole economy was depressed due to the lockdowns. For energy in particular, in May 2020 the oil futures unprecedently went negative!

    The apparent YoY spike is actually due to a base effect, or that the denominator of your calculation is smaller than usual. You can take a look at the 20-year monthly CPI increase here: https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm

    For all categories, in May 2020 the CPI YoY increase was 0.1% . To smooth over the Covid crash, we can look at the CPI increase between May 2021 and May 2019. Mathematically this is the geometric average and it comes out to what you'd expect: 2.5% . As you can see on the graph, the 2.5% YoY is actually quite average for the period of 2016-2019. This means that the current value of the CPI is roughly what we would have got had there been no covid and the usual inflation growth.

    For energy, which apparently had the huge spike, the case is even stronger that this is simply a base effect, indicating the economy is returning to normal. The YoY increase on May 2020 was -18.9%. If you take the geometric average: square root( 0.811 * 1.285) you get an average increase of ONLY 2% . I say only, because the average CPI increase over the last year has been as high as 8-9%. So 2% increase is actually close to nothing.

    So what is the take away? Inflation fears are overblown and the Fed is right to say that this is a temporary effect. We are returning to normal, it just seems much more because we've been locked down for a year and prices were depressed due to the lockdown. In particular, I would load up on tech/growth stocks which took a hit due to rising inflation. The numbers simply don't point to the fears that we will enter a new era of high inflation.

    Tldr; inflation is not real, buy growth stocks.

    submitted by /u/LudovicoKM
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    What is the point of >1% dividends?

    Posted: 11 Jun 2021 01:19 PM PDT

    I got my dividend from MSFT yesterday! Time for a night on the town! 1 share of MSFT yielded 56 whole cents. So for $257 invested you get 56 cents every 3 months... What is the point? Id rather then keep it and invest it back into the company. It's such a negligible amount.

    Yet I continually hear Cramer say "and it's a dividend stock" like it's a plus. MSFT moves .56 in 5 min most days. So many "investor" gurus talk about dividend reinvestment. Even if I held say 500 shares, it's still only $280 on an investment of $125,000?

    I know it's a growth company. That's why people invest in it, but my question remains... Why does the company even bother? And why do people act like it's a great thing? (3% +, I totally get it)

    submitted by /u/rithsleeper
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    RFP declares special dividend

    Posted: 11 Jun 2021 05:32 AM PDT

    https://www.netnewsledger.com/2021/06/11/resolute-forest-products-declares-special-cash-dividend/

    Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today declared a special cash dividend of $1.00 per share of common stock, payable on July 7 for holders of record at the close of business on June 28. The company also announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter.

    I'm curious on thoughts about this. Will it cause a pump and dump? Is it intentional?

    submitted by /u/reddit_undo
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    Russel reconstitution day

    Posted: 11 Jun 2021 08:47 AM PDT

    Are there any sources that have historical data for reconstitution day specifically. I recently learned it is often the most volatile day of the year with incredibly high volumes. What are some of your expreinces on reconsitution day or do you have any comments about the day that people should know?

    submitted by /u/meloneater88
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    What’s the idea behind buying tech stocks at high PE ratios?

    Posted: 11 Jun 2021 06:45 AM PDT

    I just saw a comment on a post that said that AMZN is currently undervalued. I've had AMZN on my watchlist for a while and I've been trying to find a decent entry point for some time.

    So, I had a look at AMZN's valuation and I saw a P/S ratio of 4.03 and a P/E ratio of 63.7, both of which would usually indicate that a stock is very overvalued.

    I'm still of the opinion that AMZN might actually still be overvalued, and that we're still going to have to wait sometime until we see some growth there.

    The situation with AAPL is quite bad too; P/S is 6.49 and P/E is 28.43. GOOGL, V, MA, MSFT and pretty much any kind of large cap tech stock has ridiculously high valuation figures.

    So my question is, why do people continue to think that tech stocks are a great buy with these kinds of figures? To me personally, it appears that a lot of the anticipated growth is already heavily priced in, and that growth in the stock itself will take a long time (that is until the company's intrinsic value catches up with it's valuation).

    submitted by /u/maximalsimplicity
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    $CLF – Acquisitive Growth and Strong Leadership is Turning this Company Around

    Posted: 11 Jun 2021 02:14 PM PDT

    This week, after seeing CLF trending on Reddit I decided to do an in-depth analysis to determine the true value of this company and its outlook for the rest of 2021. I found that this company is undervalued at its current trading price and presents an upside of approx. 85% for an implied share price of $42.42. The company has made prospective developments that will generate increased revenues in their end markets and have strong leadership to continue leading the way for long-term growth. For more analyses similar to this one, give my account a follow and be updated whenever I post about popular stocks that I believe are undervalued.

    Company Overview

    Cleveland-Cliffs Inc. (NYSE:CLF) is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. They specialize in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. Founded in 1847 as a mine operator, they are the largest supplier of iron ore pellets in North America.

    After the acquisitions, CLF'S updated its segment structure to coincide with its new business model which now includes operating segments based on differentiated products (1) Steelmaking, (2) Tubular, (3) Tooling and stamping, and (4) European operations. Prior to these acquisitions, CLF operating through 2 reportable segments; the steel and manufacturing segment and the mining and pelletizing segment which has now been updated to 1 reportable segment – the steelmaking segment.

    Markets (% of 2020 net sales):

    • Automotive (45%)
      • Manufacturing difficult-to-produce, high-quality steel products combined with demanding delivery performance to develop steel solutions that help their customers meet their product requirements
    • Infrastructure and manufacturing (15%)
      • Variety of steel products such as plate, carbon, stainless, electrical, and etc.
      • The market includes sales to manufacturers of heating, ventilation, AC equipment, appliances, ships and railcars, machinery parts, military armour, and etc.
    • Distributors and converters (13%)
      • Downstream steel service centres source various types of steel from them and fabricate it according to their customers' needs
    • Steel producers (27%)
      • Sales of raw materials and semi-finished and finished goods

    Financial Information

    Revenues: FY2020, CLF had revenues of $5.4 which was a YoY change of 169% or an increase of approx. $3.4B from 2019. The increase was primarily due to the addition of $4.0B in revenues as a result of acquisitions, partially offset by a decrease in revenue from iron products of $656M resulting from lower sales volumes. Overall, the company experienced lower customer demand during 2020 as a result of the reduced manufacturing activity caused by the COVID-19 pandemic. FY2020, their revenue in the automotive market declined by 20% and infrastructure and manufacturing increased by 6%.

    • CLF was the only company in the comparative analysis that showed a YoY increase in revenue
    • Despite a large portion of revenue coming from acquisitions, these numbers are representative of what is to come as AM USA and AK Steel continue generating these positive revenues that will help boost CLF's financial position

    Improving their financial position through increased cash flow and lowering debt levels: As of the most recent quarter, CLF posted cash and cash equivalents of $110M, and total debt of $5.73B. Since their business conditions have improved, they are expecting the generate healthy free cash flow during 2021 and believe they have the ability to lower their long-term debt balance.

    • CLF'S primary sources of liquidity are through their cash and cash equivalents generated from their operations and financing activities
    • Their top priority is focused on preserving healthy liquidity levels, and strength in the balance sheet while also creating financial flexibility through their capital allocation decision-making process
    • Focused on maximizing cash generation from operations, reducing their debt and aligning capital investments with strategi priorities

    Recent Developments

    Acquisition of ArcelorMittal USA – At the end of 2020, CLF purchased AM USA from ArcelorMittal. The assets of AM USA acquired include 6 steelmaking facilities, 8 finishing facilities, 3 coke-making operations, 2 iron ore mining and pelletizing operations and 1 coal mining complex.

    In connection with the acquisition, CLF became the sole owner of Tek and Kote which generated a combined $121M of adjusted EBITDA in 2019. In revenues for the period prior to the acquisition (December 9, 2020 – December 31, 2020), AM USA generated revenues of $446M and a loss of $40M.

    "Our new footprint expands our technological capability and enhances our operational flexibility, elevating Cleveland-Cliffs to a prominent role as a major player in supporting American manufacturing, American future investments in infrastructure, and the prosperity of the American people through good-paying middle-class jobs" - Lourenco Goncalves, Chairman, President and Chief Executive Officer on the closing deal for AM USA

    Acquisition of AK Steel – In March 2020, CLF completed the acquisition of AK Steel as a wholly-owned subsidiary of CLF. AK Steel is a North American producer of flat-rolled carbon, stainless and electrical steel products, primarily for the automotive, infrastructure and manufacturing markets. These operations consist of seven steelmaking and finishing plants, 2 coke-making operations, 3 tube manufacturing plants and 10 tolling and stamping operations. This acquisition helps transform CLF into a vertically integrated producer of valued-added iron ore and steel products. As well, it will help their high-performing market in the automotive end and add strength in increasing the infrastructure and manufacturing market.

    For the period prior to the acquisition (March 2020-December 2020), AK steel generated revenues of $3,573M and a loss of $302M.

    "This is a new era for Cleveland-Cliffs as a producer of differentiated, high-quality iron ore, metallics and steel in North America. The new Cliffs will begin from a unique position of strength in our industry, with a dynamic combination of assets…" - Lourenco Goncalves on the closing of deal AK Steel

    Investment Thesis I: Acquisitive Growth

    Cleveland-Cliff's primary operations were in the iron ore mining industry by supplying pellets to steelmakers but have since gone through a turnaround that has been helped by their vertical integration in the supply of raw material. The vertical integration starts with the mining of iron ore and coal to the production of metallics and coke and through iron making, steelmaking, rolling finishing and downstream tubing, stamping and tooling.

    The acquisition of AM USA allows economies of scale from their operating iron ore mines across 7 countries and makes for ease of expansion due to these advantageous geographic locations. The addition of AK Steel to their portfolio added new product line revenues into CLF that diversifies their offerings and further targets their current markets. Of total revenues, 96.8% were from North America and the remaining from other countries. Prior to acquiring AM and AK, revenues from other countries were 1.9% of total revenues and have since increased by almost double primarily due to international customers from the acquired firms. Despite their main focus in the American markets, we can expect CLF to expand its presence beyond North America and establishing a stronger position internationally driven by the acquisition of these 2 companies.

    The 2 acquisitions also allow CLF to attain an industry-leading market position in their automotive market and also adding strength in their other markets. On a forward-looking note, the company's profits opportunities have significantly increased due to the positive industry outlook the company is operating in and the new customers these acquisitions rake in.

    Investment Thesis II: Strong Leadership

    Cleveland-Cliffs almost went under in 2014 due to lack of profitability but has since been transformed into a new company under a strong management team. It was described as a company "fighting for survival, with a disjointed portfolio full of underperforming assets accumulated under a horribly misguided strategy."

    Lourenco Goncalves - Chairman, President and Chief Executive Officer: Goncalves played a drastic role in turning the company around and leading CLF to the leading player in the U.S steel industry it is now. Prior to CLF, Goncalves served as Chairman of the Board, President and CEO of Metals USA Holdings Corp. a leading American manufacturer and processor of steel and other metals for over a decade. Goncalves holds a strong background in the steel industry of varying executive roles and brings value to CLF that can be evident in his work so far in the company. Goncalves entered the company in 2014 and started restructuring the business and financials by leaving the coal business, followed by growth initiatives into the metallics market and entry into the steel industry. He successfully led both acquisitions in 2020 that made CLF the largest flat-rolled steel company and the largest iron-ore pellet producer in North America. Given his success thus far, we can expect that Goncalves has more initiatives in the company's plan to further grow the company and therefore generate attractive returns for shareholders.

    Valuation

    Using a comparative analysis model, I found 5 companies of competition to Cleveland-Cliffs and of similar market caps. These companies are Steel Dynamics (NASDAQ: STLD), Reliance Steel and Aluminum (NYSE: RS), CNX Resources Corp. (NYSE:CNX), United States Steel Corp. (NYSE: X), and Nucor Corporation (NYSE: NUE).

    EV/REVENUE: Using YoY revenue change, I forecasted FY2021 revenues and used them in calculating EV/REVENUE values. Taking the 1st quartile, mean, and 3rd quartile, I generated a bear, base, and bull case, respectively. I arrived at an implied share value of $42.42 representing approx. 85% upside.

    PEG Ratio: In this case, we use the PEG ratio for confirming EV/REVENUE numbers. With an expected PEG ratio of 0.19, CLF is interpreted as undervalued compared to competitors which generated a mean PEG ratio of 0.70. The below-average ratio CLF presents is helpful in confirming that their investors can expect significant earnings growth in the future and that its currently trading at a discount compared to the true value it'll present in coming years.

    **To see the valuation model, please refer to original post since I am not able to upload pictures of it here in this post*\*

    Final Thoughts

    Under new operating segments with the vertical integration of their iron ore business with quality-focused steel production, and the strong leadership of Lourenco Goncalves, CLF looks well-positioned to continue being a leader in the steel industry and generate high profits from their growth opportunities. I am bullish on CLF and believe CLF is a great investment opportunity for those looking to open a position or add to an existing one.

    Source of original analysis can be found here

    For the latest investment ideas and insights check out r/utradea or join the community here

    Sources:

    1. https://www.businesswire.com/news/home/20200313005219/en/Cleveland-Cliffs-Completes-Acquisition-of-AK-Steel
    2. http://www.clevelandcliffs.com/English/news-center/news-releases/news-releases-details/2020/Cleveland-Cliffs-Inc.-Completes-Acquisition-of-ArcelorMittal-USA/default.aspx
    3. https://d18rn0p25nwr6d.cloudfront.net/CIK-0000764065/bd2b0bb9-2c31-4c3c-a616-cc32a176ed17.pdf
    submitted by /u/once-upon-the-end
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    $MX Magnachip Semiconductors 35$ Buyout 20% upside

    Posted: 11 Jun 2021 05:55 AM PDT

    Magnachip semiconductors has been pending a buyout of 29$ per share since late march and the deal and terms have been up in the air and under much speculation. This morning a new unsolicited bid of 35$ per share was announced and under consideration. Currently trading at 28$ per share premarket as it has already shot up due to the news. Definitely worth looking into as the company is undervalued already without the deal. Obviously there are risk with buyouts and things can fall through, but there is 20% upside from the current share price of 28$ and the announced buyout or 35$. Do your own DD and research this isnt financial advice but definitely something to look into!

    submitted by /u/631Zach
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    When to take a profit and move on?

    Posted: 11 Jun 2021 10:09 AM PDT

    I am new to investing in individual stocks. I put most of my retirement money in mutual funds and leave it alone, but I have given myself a few bucks to invest in individual stocks.

    I am having a hard time reconciling two things. I buy in to stocks with usually very small positions. 100 dollars worth etc. I don't like to average up so when a stock goes up. I very rarely buy more, but then I get in the mentality that I shouldn't sell because I'm only making a 20 dollar profit for instance.

    Part of this post is to start a discussion on this topic, but also just to get some general advice on when to go ahead and close a position. Take the little bit of money and run to find something else.

    submitted by /u/kyleharveybooks
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    Bristol Myers Squibb

    Posted: 11 Jun 2021 02:19 PM PDT

    I'm new to investing and trading, but i did a mock portfolio for one of my classes and bought a few shares of BMY, but now i want to step into actually purchasing stock and was wondering if now is a good time to buy shares of Bristol Myers?

    submitted by /u/jeffnova
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    What do you think of UPS?

    Posted: 11 Jun 2021 09:33 AM PDT

    I've had UPS on my watchlist for a while now, and I've been quite apprehensive of investing into the stock after it's massive run up since last year.

    Valuation measures like P/E and P/S seem decent, and it looks like it may be fairly valued at the moment.

    What are people's opinions on the company and it's stock?

    submitted by /u/maximalsimplicity
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    So how is the snp 500 going up after the news of inflation?

    Posted: 11 Jun 2021 02:18 PM PDT

    I thought 5 percent inflation was bad and a lot of people were saying the market is gonna crash. I jusy checked today and the market is going up. So wjats happening? You think a ceash is coming in the near future?

    submitted by /u/acertenay
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    Varonis VRNS DD

    Posted: 11 Jun 2021 12:16 PM PDT

    Varonis (VRNS) is in the cybersecurity business. They were founded by members of the infamous Unit 8200, a department within the Israeli defense forces. This unit is known for having the most skilled cybersecurity pioneers on the planet. Many of their former specialists have gone on to form multi billion dollar companies in the cybersecurity industry.

    Varonis caters to securing private data for multi national fortune 500 corporations around the globe... and as such, it protects our data. Their customers include some of the largest financial institutions on the planet including Barclays and Deutsche. Universities including Boston University, George Washington University, The University of Surrey, and the University of Pennsylvania. They also protect Phillip Morris Tobacco, Sirius XM Radio, Simon Property Developers, Spotify, Exxon, and Dominion Energy.

    They are currently trading at $53 a share and Analysts have their average price target for $68 a share. High estimates range from $88 to $117 a share. Low estimates have them at $58 a share.

    VRNS just broke out of a descending triangle pattern and retested the downward sloping trendline and bounced off to the upside with fury today.

    This is a very low volume and traded mainly by institutions. It also has a 6% shorted volume allowing for plenty of upside from covering shorts in the coming weeks. The ATH price was approx $75 a share back in February.

    I am all in with 200 shares at a $51.38 cost basis and 25 calls for 12/17 at a $50c.

    Low IV and great greeks prooves this is a low risk high reward position in a trusted company.

    submitted by /u/DeRealRobinhood
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    Crash Prediction / Investments

    Posted: 11 Jun 2021 07:11 AM PDT

    Hey guys,

    Im fairly new to investing (about a 7 months now). Ive been seeing the stock market reach new heights, and with the inflation and the amount of cash from the general public thats been put in stocks, i cant help but be worried about a crash. I own ARKK, PLTR, Crypto, and a bit of boring stuff like Coca Cola. But yet im hearing that there might be a small correction but a . boom is right around the corner as covid is coming near an end. So Im not sure who to believe. My thoughts were to sell more crypto and riskier tech stocks and put it either into Gold, S&P, or even holding more cash. But im not too sure as i still love the tech stocks im currently invested in. In a sense I could sell my majority and take a little profit i made and cash out and see what happens with the stock market. but then i would just have cash and with the inflation happening and more stimulus checks, im also worried my cash will just become worthless.

    I wanted to know what everyone thinks of the current market and if you had any advice for me.

    Still a noob here just trying to learn. Thank you!

    submitted by /u/Um6reon
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    Was Yahoo blind sided by Google back in the day or did they see it coming?

    Posted: 11 Jun 2021 07:41 AM PDT

    There are some areas of investment that are being compared to Yahoo but it seems different because everyone is anticipating them being taken out by the new thing. Did Yahoo have time to prepare against google or was it a big surprise to everyone?

    submitted by /u/bburk707
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    r/Stocks Discuss Overlooked Stocks Friday - Jun 11, 2021

    Posted: 11 Jun 2021 09:00 AM PDT

    It's lunchtime, Wall St time; time to discuss overlooked stocks that no one is talking about: Overlooked & possibly undervalued stocks.

    All the rules of r/Stocks still apply, so please see the sidebar or click here.

    But here's the twist you can't bring up meme stocks that have been hotly discussed in the past several weeks. Those stocks that everyone has been talking about, you can't bring up here or they'll be autoremoved. Why? It's to keep this thread pure & focused.

    The current list of meme stocks can be found here. So don't mention these stocks in this post or your comment will be removed.

    Need ideas on which stocks to discuss, try a screener like this one.

    Important links:

    After discussing your stock here, feel free to create a post on r/Stocks with all the information you might have just learned.

    Thanks & enjoy!

    submitted by /u/AutoModerator
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    Pyrogenesis, the next big silicon producer in Canada making power moves in June.

    Posted: 11 Jun 2021 10:33 AM PDT

    If Pyrogenesis has flown under your radar then: PYR designs, develops, and manufactures advanced plasma processes and systems in Canada. They have a sustainable process for enhancing metal recovery in the metallurgical industry; plasma atomized metal powders; PUREVAP, a process to produce high purity metallurgical grade silicon and solar grade silicon from quartz. They have processes to form nanopowders and nanowires specifically for lithium batteries. PyroGenesis received a $700,000 grant from Sustainable Development Technology Canada for a novel production process to transform quartz into fumed silica using a plasma reactor, thereby reducing hazardous waste and greenhouse gas emissions in comparison to the established fumed silica production process. This month alone they have received a request for a cost estimate for thirty-six plasma torches from a major iron ore producer as well as a Letter of Intent from to purchase three 10-ton DROSRITE systems. The contract, if finalized, is expected to be in the range of $10-15 Million. Most importantly they have confirmed that the GEN3 PUREVAPTM Quartz Reduction Reactors pilot plant project is now transitioning from the assembly phase to the commissioning and testing phases for Q4 2021. This could be their largest project yet creating ONE STEP transformation of quartz to high purity silicon metal at vastly cheaper costs, energy input and most importantly carbon footprint. Insiders own close to 47% of the float leaving just about 70 million shares afloat. PYR is new and innovative in their sector developing energy and cost saving techniques while also formulating sustainable industrial practices, which is why I think they could take a huge lead in their sector. It blew past $9 back in February when the market was moving in a good direction and plummeted to $4. With such great news coming out this month for PYR I can see a quick return to where they were heading back in February.

    submitted by /u/ThyMagicConch
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    Dividend stocks that will never ever crash

    Posted: 11 Jun 2021 09:00 AM PDT

    VZ is probably the best bet. I don't think any stock can be as resilient during a recession or a pandemic. It's one of those stocks that will keep its value stable no matter what happens. I don't know any stock like that. Really solid business and really strong cash flow.

    submitted by /u/seacobs
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    Clearing Houses

    Posted: 11 Jun 2021 12:26 PM PDT

    Am I wrong in speculating that Clearing Houses could aid in manipulating stocks?

    Example: An investor has used his margin buying power to accumulate shares of Acme Co. The current maintenance requirement is 50%. Now a large firm, fund, investor, etc wants to buy cheap shares of Acme- the stock is ready to take off on pending news. They tell the clearing house to raise the maintenance requirement to 100%. Now everyone using that clearing house who has a large enough chunk of Acme while at or near max margins, may get a margin call, forcing the sale of hopefully, Acme at whatever the current rate is, which may drop as others liquidate Acme to make their margin call. Now they can buy up cheaper shares.

    Paranoia or possibility? How does one know if the maintenance requirement of a stock is a fair one?

    submitted by /u/vweavers
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    What is relatively safe to go long on for long-term right now as we are at ATHs?

    Posted: 11 Jun 2021 09:38 AM PDT

    I've been trading options for a while and I'm burned out of losing. I just want to put my remaining cash in an ETF or some type of fund that will show decent growth/gains in the next few years, but not hurt me too bad in another crash. I'm just wary about throwing all of my cash into the market (even diversified) with everything at ATHs.

    I'm in a 2055 target fund in my IRA and thats been working out, but I'm looking for something I can put my regular brokerage acct. into so I can buy/sell without penalty if I desire. I'm struggling with trying to decide between ETFs like VOO/VOOG or VTI. I want growth, but I don't want everything to just go to the trash can all at once on a down day.

    Would you recommend just plopping say 70% of my cash in VOOG and the remaining 30% in some bond ETF like TLT? Should I just sit in cash and wait for another bug downturn? These are just ideas, but wondering what others think.

    submitted by /u/MrAlcoholicson
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    Investment prediction leaderboard? Putting the power of Reddit to work.

    Posted: 11 Jun 2021 11:51 AM PDT

    Imagine a site/app where there's a leaderboard for correct, anonymous investment predictions. You sign up, you make predictions for X stock at Y price. If accurate, you rise. If inaccurate, you drop. Bonus modifiers for longer-term predictions.

    Is there a disclaimer long enough to make this legal?

    submitted by /u/replyforwhat
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