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    Stocks - r/Stocks Daily Discussion & Fundamentals Friday Jul 02, 2021

    Stocks - r/Stocks Daily Discussion & Fundamentals Friday Jul 02, 2021


    r/Stocks Daily Discussion & Fundamentals Friday Jul 02, 2021

    Posted: 02 Jul 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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    U.S. adds 850,000 jobs in June, better than expected

    Posted: 02 Jul 2021 06:04 AM PDT

    Job growth leaped higher in June as businesses looked to keep up with a rapidly recovering U.S. economy, the Labor Department reported Friday.

    Nonfarm payrolls increased 850,000 for the month, compared to the Dow Jones estimate of 706,000 and better than the upwardly revised 583,000 in May. The unemployment rate, however, rose to 5.9% against the 5.6% expectation.

    How do you think this will affect the market?

    Full source: https://www.cnbc.com/2021/07/02/jobs-report-june-2021.html

    submitted by /u/greenfish00
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    What would be some good(cheap?) dividend stocks?

    Posted: 02 Jul 2021 09:01 AM PDT

    So I'm trying to get into dividends and I have no idea what I'm doing. I have a few picked out like BEP, WETF, INTC, and KHC. Is there better ones? Is there ones I should remove from my list? I'm an open book.

    submitted by /u/mortalcrawad66
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    Palantir discloses partnership with Azure in a job post

    Posted: 02 Jul 2021 09:12 AM PDT

    "Create and develop joint business plans working with Microsoft team including launch, planning, enablement, and co-marketing strategies for growing joint pipeline, wins and consumption of Foundry on Azure.

    Lead the effective collaboration of "deal level" tactics between Palantir sales teams and Microsoft at both new and existing customers to drive new logos & sourced-influenced revenue."

    Source: https://jobs.lever.co/palantir/d712beac-5c8a-4a10-abd2-7f4218c05136

    submitted by /u/clint1reid
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    Here is a Market Recap for today Friday, July 2, 2021. Please enjoy!

    Posted: 02 Jul 2021 01:22 PM PDT

    PsychoMarket Recap - Friday, July 2, 2021

    Stocks rose once again, with the S&P 500 (SPY) and Nasdaq (QQQ) both recording new intraday highs amid the continued push by technology stocks. The Dow Jones (DIA) rose as well, but continued to lag behind the other two indexes. Market participants are encouraged by the June Jobs Report, which showed payroll gains rise more than expected.

    Today, the US Department of Labor released the Job June report, which showed a stronger-than-expected acceleration in hiring, with non-farm payrolls rising by 850,000, the sixth straight month of gains. The unemployment rate however, ticked slightly higher to 5.9%. Here are the numbers

    • Change in non-farm payrolls: 850,000 vs. 720,000 expected and an upwardly revised 583,000 in May
    • Unemployment rate: 5.9% vs. 5.6% expected and 5.8% in May
    • Average hourly earnings, month-over-month: 0.3% vs. 0.3% expected and a downwardly revised 0.4% in May
    • Average hourly earnings, year-over-year: 3.6% vs. 3.6% expected and a downwardly revised 1.9% in May

    President Biden said of the report, "This is historic progress, pulling our economy out of the worst crisis in 100 years, driven in part by our dramatic progress in vaccinating our nation and beating back the pandemic. Today, the US is the only major advanced economy where the OECD (Organization for Economic Cooperation and Development) projections of future output are higher today than they were in January 2020 before the pandemic hit."

    Emily Roland, co-Chief Investment Strategist at John Hancock Investment Management said of the report, "This is the Goldilocks Report that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining – I wouldn't call them necessarily contained – but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal. We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment down, they're going to let inflation run a little bit hot here. Not too hot, not too cold – this is just what the market wants."

    This Job Report will give market participants a better idea as to the timing of the Federal Reserve's next monetary policy. For now, the Fed has so far kept in place both of its key pandemic-era policies - quantitative easing at a clip of $120 billion a month and near-zero interest rates. However, the Fed has consistently said they are looking for a "string" of strong jobs reports, like the one this month before any adjustments to the current policy is made. If the Jobs Report continues being especially strong in the months ahead, it could force the Fed to taper quantitative easing earlier than originally telegraphed. I have said before in the past I expect the Fed to begin tapering QE towards the end of the year and am not worried about that at all. For starters, the market has historically reacted very little to changes in QE (see the 2013 Taper Tantrum here), it's changes in the interest rate that really drive the market, and second, the Fed is expected to taper slowly, making any changes gradual.

    Highlights

    • Shares of AMC pulled back slightly after financial firm Iceberg Research announced they have opened a short position. Honestly, I have no idea why they did this, only opening themselves up to becoming WSB's next target. Will be interesting to see what happens moving forward.
    • More bad news for Lordstown Motors, who have already been the subject of a short report that saw the company admit they had inflated the importance of preorders for the electric pickup truck and forced the CEO to leave. Now, the Justice Department has announced it is opening a probe into the company to investigate comments made by executives and the way the company represented its pre orders to shareholders. The whole EV market was down today in sympathy.
    • Tesla (TSLA) recorded its fifth straight quarter of vehicle delivery growth. In Q2, the company delivered 201,250 vehicles, missing expectations for 204,160, according to Bloomberg consensus data, but more than double the 90,891 vehicles delivered in the same period a year ago.
    • The U.S. Federal Trade Commission filed a proposed consent order to settle antitrust charges against semiconductor maker Broadcom Inc, the agency said in a statement on Friday. The consent order requires Broadcom to stop demanding that its customers buy components mostly or only from Broadcom. The company responded, "While we disagree that our actions violated the law and disagree with the FTC's characterizations of our business, we look forward to putting this matter behind us."
    • Jeff Bezos is officially stepping down as Amazon CEO on Monday. Amazon Web Services CEO Andy Jassey will be taking over for him.
    • **Please note that current stock price was written during the session and may not reflect closing prices*\*
    • Anthem (ANTM) target raised by Morgan Stanley from $454 to $459. Stock currently around $387
    • Capital One (COF) with two target raises. Stock currently around $157
      • Piper Sandler from $175 to $182
      • Credit Suisse from $175 to $182
    • Enphase Energy (ENPH) target raised by Goldman Sachs from $187 to $202 at Buy. Stock currently around $186
    • GoodRx (GDRX) target raised by Morgan Stanley from $36 to $38. Stock currently around $33.8
    • JD.com (JD) target raised by Goldman Sachs from $119 to $130 at Conviction-Buy. Stock currently around $76
    • Eli Lilly (LLY) target raised by Truist Securities from $225 to $262 at Buy. Stock currently around $234
    • SolarEdge Technologies (SEDG) target raised by Goldman Sachs from $290 to $322 at Buy. Stock currently around $277
    • Xpeng (XPEV) target raised by Citigroup from $50 to $56.30 at Buy. Stock currently around $44
    • Zscaler (ZS) target raised by BTIG Research from $240 to $253 at Buy. Stock currently around $214

    "To bear trials with a calm mind robs misfortune of its strength and burden". — Seneca

    submitted by /u/psychotrader00
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    Why not create an all ETF portfolio?

    Posted: 02 Jul 2021 02:39 PM PDT

    I've studied Finance and Data Science throughout college and use a variety of fundamental, technical, and financial strategies to select the best stocks for my personal portfolio. Over the past two years I've consistently underperformed the S&P and greatly underperformed the NASDAQ (which I consider my benchmark given my heavy asset allocation in technology).

    This makes me wonder, why not just compose a portfolio of all ETF's and indices. Was thinking of a combination of SPY, DIA, NDAQ, QQQ, ARKK, etc. maybe even incorporate sector ETF's like QCLN/ICLN, THCX, IAU (gold, to hedge against inflation), and some small/mid-cap funds.

    I feel like this strategy would help me diversify greatly and mitigate risk as much as possibly while generating above market returns. I'd probably go with something along the lines of 40% SPY, 30% QQQ, 15% ARKK, 5% QCLN, 5% THCX, 5% IAU. Aside from expense ratio fees I feel like this would help me beat the market and I can even incorporate automatic weekly deposits into the SPY and QQQ accordingly.

    Let me know what you think of this strategy oppose to spending so much time researching and conducting analyses only to underperform the market.

    submitted by /u/OutgoingHostility
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    US Stocks: how/when they get listed in EU stock exchanges?

    Posted: 02 Jul 2021 01:13 PM PDT

    Hey investors! I never understood why some US stocks listed on Nasdaq or Nyse are listed also in European stock exchanges (I.e. Frankfurt, Paris etc) and why others are not.

    Is it a company decision or is there some other mechanism behind? Like some valuation requirement or maybe time?

    For example, today Astra Space (HOL -> ASTR) went public on Nasdaq. I would like to find it on a German stock exchange. What are the probabilities it will be listed and how?

    Thanks a lot to anybody who will answer!

    submitted by /u/kalekaly
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    What is happening to small speculative stocks? Opportunity to buy?

    Posted: 02 Jul 2021 07:55 AM PDT

    What is happening with the Russel 2000, its down when the market is up? Is this the beginning of a rotation or just an occasional drop? Allot of small speculative stocks are down several days in a row such as:

    PLTR -4 days

    ARVL -5 days

    HYLN -5 days

    QS -4 days

    BLNK -4 days

    LAZR -5 days

    OTLY -3 days

    And many more. Of the 60 stocks I watch in this category (small & speculative) about half have been dropping for 3 days in a row or more. Another third have been dropping for at least 2 days.

    I remember reading that Ark was unloading PLTR including 18.5M worth just yesterday alone. So again is this the beginning of a rotation or just an occasional drop? Is the time to sell or buy?

    The Russell 2000 is down -1% almost uninterrupted so far. Looks to me like the beginning of a correction, but I have to admit I dont have allot of experience watching this specific index nor am I aware of a specific catalyst for the drop.

    edit 11:30am: literary every single EV related stock in my watch list (20 in total) is down including TSLA.

    submitted by /u/abdul10000
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    Preparation for trading day - July 02, 2021

    Posted: 02 Jul 2021 05:37 AM PDT

    Preparation for trading day - July 02, 2021

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

    Notable Price Upgrades and Downgrades

    GoodRx Holdings (GDRX):

    • Morgan Stanley Maintains Equal-Weight Rating (Price Target Changes From $36 To $38)

    Walgreens Boots Alliance (WBA):

    • Credit Suisse Maintains Neutral Rating (Price Target Changes From $50 To $48)

    Zscaler (ZS):

    • BTIG Maintains Buy Rating (Price Target Changes From $240 To $253)

    Eli Lilly (LLY):

    • Truist Securities Maintains Buy Rating (Price Target Changes From $225 To $262)

    Enphase Energy (ENPH):

    • Goldman Sachs Maintains Buy Rating (Price Target Changes From $187 To $202)

    SolarEdge Technologies (SEDG):

    • Goldman Sachs Maintains Buy Rating (Price Target Changes From $290 To $322)

    American Express (AXP):

    • Credit Suisse Maintains Underperform Rating (Price Target Changes From $122 To $135)

    Today's Economic Calendar

    • 08:30 am Nonfarm payrolls for June
    • 08:30 am Unemployment rate for June
    • 08:30 am Average hourly earnings for June
    • 08:30 am Trade deficit for May
    • 10:00 am Factory orders for May

    IPO market (This week)

    • Acumen Pharmaceuticals (ABOS) Price range: $14.00 - $16.00
    • Aerovate Therapeutics (AVTE) Price range: $13.00 - $15.00
    • AMTD Digital (HKD) Price range: $6.80 - $8.20
    • Atour Lifestyle Holdings (ATAT) Price range: $13.50 - $15.50
    • Clear Secure (YOU) Price range: $27.00 - $30.00
    • CVRx (CVRX) Price range: $15.00 - $17.00
    • D-MARKET Electronic Services & Trading (HEPS) Price range: $11.00 - $13.00
    • DiDi Global (DIDI) Price range: $13.00 - $14.00
    • Dingdong (DDL) Price range: $23.50 - $25.50
    • EverCommerce (EVCM) Price range: $16.00 - $18.00
    • Intapp (INTA) Price range: $25.00 - $28.00
    • Integral Ad Science Holding (IAS) Price range: $15.00 - $17.00
    • Krispy Kreme (DNUT) Price range: $21.00 - $24.00
    • LegalZoom.com (LZ) Price range: $24.00 - $27.00
    • Nyxoah (NYXH) Price range: $31.46
    • Regencell Bioscience Holdings (RGC) Price range: $8.50 - $10.50
    • SentinelOne (S) Price range: $31.00 - $32.00
    • The Glimpse Group (VRAR) Price range: $6.00 - $8.00
    • Torrid Holdings (CURV) Price range: $18.00 - $21.00
    • Twin Vee PowerCats (VEEE) Price range: $5.00 - $6.00
    • Xometry (XMTR) Price range: $38.00 - $42.00

    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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    REIT investment help

    Posted: 02 Jul 2021 12:47 PM PDT

    Hello everyone, I hope your portfolios had a green day today and that you all had a good day outside the markets as well.

    I'm currently looking into a good REIT investment, but am having a bit of trouble determining which is the best moving forward.

    As we all know, the real estate market is in a weird state, and housing prices as a whole are climbing and likely to continue climbing for a solid 2 years or so as we recover from Covid causing housing prices to rise more and have issues with supply or demand, differentiated based on the economic status of different areas throughout the US of course. Unfortunately at 19 yrs old, I don't have the capital or experience to start when the market is rising with no real climax being predictable. So the obvious solution (for me) would be a RIET.

    My best contender as of right now is CTRE, but as they manage healthcare properties, I would like a more residential/ city infrastructure option if possible.

    submitted by /u/WMT38
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    Is Virgin Galactic worth to buy right now?

    Posted: 02 Jul 2021 01:59 PM PDT

    Im assuming with there recent news of their crewed spaceflight in july 11 that when it does launch successfully their stocks will go up more? The only downside i can think to this is that if the flight is a failure and crashes, their stocks will plummet. What r ur guys opinions?

    submitted by /u/mikeyous
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    What do you guys think about MUDS/Topps long term?

    Posted: 02 Jul 2021 12:45 PM PDT

    Topps is a giant in the collectible industry. They produce trading cards (Marvel, sports, Disney, and some others), chewing gum, candy, and some other collectibles They've been around for over 80 years and just had a huge year. They also recently started to make waves in the digital collectible industry. Topps is one of the few companies that have a legit play in the NFT market.

    They went public through Mudrick Capital ($MUDS) and are expected to complete their merger this quarter.

    I am by no means an expert on stocks, but this seems like it has a decent upside.

    $MUDS is currently trading around $12. How do you think Topps stock will do in the coming years and in the future?

    submitted by /u/lilalgorithm
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    % intraday change in price average over long period of time

    Posted: 02 Jul 2021 02:33 PM PDT

    Is there a screener that allows you to find how much a stock/asset price has changed in terms of percentage, but not just for that day but the average % change for a whole month or year or longer? And then rank/compare to other assets. And by average % change I mean the average DAILY change. The ones I am seeing just shows you for the current day

    submitted by /u/mac5499
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    PE vs Sector PE vs Industry PE

    Posted: 02 Jul 2021 11:20 AM PDT

    Since I can remember, I compared PE to sector PE and that was it. Today, I came across Industry PE for the first time and when I put in the numbers it highly differs how a company is evaluated based on the PE at least. I know there is a lot more, and it's just an indicator, but the difference is insane.

    Do you know of common ways how to use these 3 together?

    submitted by /u/oodex
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    Does buying fractional shares truly get you full shares, or do you simply just have a bunch of siloed fractions of stocks?

    Posted: 02 Jul 2021 12:31 PM PDT

    For example, if I buy .25 shares of Microsoft every week, will I really have 1 full share after 4 weeks? Or will I just have 4 separately acknowledged fractional shares of MSFT?

    I'm wondering because some brokerage apps (I think Robinhood, for example) don't allow the transfer of fractional shares to a new app — they just sell those and give you cash for it I believe. So if I want to move my Fidelity shares to the newest cool app in 2050, will I have to sell off a bunch of individual fractional shares?

    submitted by /u/bryschmi
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    How to choose when to buy

    Posted: 02 Jul 2021 10:13 AM PDT

    I want to know what methods that are used to trade shares, I roughly know you research a company and look at candle sticks depending on how you are trading but I want to know are there any other methods besides that? (writing a report on trading so I can get an account :)

    submitted by /u/N3wchild
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    If you could only buy 1 stock for the rest of your life, what would it be? (No ETFs or mutual funds)

    Posted: 02 Jul 2021 03:23 PM PDT

    If for the rest of your life you can only 1 stock for your portfolio, what would it be? You can't buy any ETFs or mutual funds, it needs to be one solo stock. Which stock would it be and why? For me, I think it would be AMZN or GOOGL because of how many different sources of revenue they have.

    submitted by /u/Theking4545
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    Should I dump 4k into Vanguard VTI?

    Posted: 02 Jul 2021 01:29 PM PDT

    I have a hard time managing stocks. Right now I am buying 2 VTI every month, basically every paycheck.

    I have 4k that I am comfortable with just buying VTI but I get scared doing it. This would be a long term hold, 5 to 10 years.

    I wanted to use the 5k to play in the market but I have been holding it and not doing anything with it.

    Would I be dumb to do it? I fear the market will crash and I'd lose out... but I have been fearing the market was gonna crash for the last 5 years and been holding off.. with my luck it will finally happen.

    submitted by /u/PepeTheMule
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    Schlumberger and halliburton

    Posted: 02 Jul 2021 09:48 AM PDT

    The meeting with OPEC yesterday proved that they still are favoring higher oil prices and will (probably,) produce 400k bpd from August until December. I did see an article that said there were some disagreements in the cartel, which signals they MAY NOT ramp up production at all, but I think we will see they stick to the 400 bpd they seemed to agree on yesterday.

    I think this OPEC meeting signaled that crude is going to have an opportunity to leg up again, as US shale is not in a place to compete, giving OPEC control of the market for another few months. I believe $80 Brent is going to be here before the summer is over and ITM calls for 3-6 months out will be fairly easy money. These stocks have already seen significant runs up, but have not kept up pace with the rise of crude oil.

    Schlumberger and halliburton are both in a position to do well following this OPEC news. I did not buy shares, instead chose to buy slightly otm calls for 6 months out.

    am big on Exxon, but as inventories deplete, I believe we will see more gains on the services side of things rather than refiners and producers. I still am long shares/calls Exxon, Devon and Suncor though.

    I do still like the pipelines, mainly enbridge as well. The OIH is also a fantastic way to play this, but the options are very expensive which I believe signals the upside risk of near term crude volatility.

    submitted by /u/third_legatron
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    Htzgq to htzz

    Posted: 02 Jul 2021 12:40 PM PDT

    I bought in hertz at 91 cents, got a couple thousand shares. So yesterday htzgq was down because hertz was exiting bankruptcy and changed over to htzz… well now my account won't let me sell the htzgq and it doesnt show I have any shares with htzz. At this point I want to take all my profits and run. But how?

    submitted by /u/dlo2316
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    After Hours Spike on OPEN

    Posted: 02 Jul 2021 05:49 AM PDT

    Did anyone else notice the two/three orders at 4:40ET and 5:57ET yesterday afternoon on OPEN?

    Each of them were large enough to send the share price soaring to $17.20 a little over an hour apart. Is it a glitch or is there something to that? Possibly related to Q2 wrapping up and financial review?

    Or, you can just tell me that I'm crazy…

    submitted by /u/chickadichina
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    Am I too diversified with my stocks?

    Posted: 02 Jul 2021 11:19 AM PDT

    Monthly $1000 recurring investments

    27 Stocks: $675

    ENERGY: Dividend- Chevron || Growth- NextEra Energy ($25 Each)

    MATERIALS: Dividend- Rio Tinto || Growth- Lyondell Basell ($25 Each)

    INDUSTRIALS: Dividend- 3M || Growth- Raytheon Technologies ($25 Each)

    UTILITIES: Dividend- Consolidated Edison || Growth- American Water ($25 Each)

    HEALTHCARE: Dividend- Abbvie || Growth- Teladoc Health ($25 Each)

    FINANCIALS: Dividend- Chase || Growth- Visa ($25 Each)

    CONSUMER DISCRETIONARY: Dividend- Coca Cola || Growth- Amazon, McDonald's ($25 Each)

    CONSUMER STAPLES: Dividend- Procter & Gamble || Growth- Costco ($25 Each)

    TECHNOLOGY: Dividend- Lumen Technologies || Growth- Apple, Microsoft, Tesla ($25 Each)

    TELECOMMUNICATION SERVICE: Dividend- Verizon || Growth- Facebook, Google ($25 Each)

    REAL ESTATE: Dividend- Realty Income || Growth- American Tower ($25 Each)

    2 ETFs: $250 Dividend- SPHD || Growth- VOO ($125 Each)

    3 Cryptocurrencies $75 Bitcoin, Ethereum, Litecoin ($25 Each)

    submitted by /u/Lopsided-Ad-7638
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    Investing with a small account

    Posted: 02 Jul 2021 02:57 PM PDT

    So I'm new to the game. You can thank the January gme squeeze for that. I've been lurking on this page and some others as well since the craziness went down. Looking for some general tips and advise on investing with a 1500 dollar account. Obviously a low starting point but thats all I have to work with for the time being. I would be able to beef that up about 100-200 bucks every couple of weeks as I'm I get paid bi-weekly.

    Everyone and their mother will tell you to diversify your account but is that really the way to go with such a small account? Isn't it said that concentration builds wealth and diversification preserves it.

    Should look into how to trade options as the roi would be greater than owning stocks? How do I go about doing my due diligence? Where can you find info on a companies financials, yahoo finance perhaps? Thanks for any and all advise you can give to this noob.

    submitted by /u/mikepancake8D
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