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    Friday, October 29, 2021

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    Stock Market - What is this grid called? And is there a live version? Is it an app?

    October 29, 2021

    Stock Market - What is this grid called? And is there a live version? Is it an app?

    What is this grid called? And is there a live version? Is it an app?

    Posted: 29 Oct 2021 11:56 AM PDT

    On this day: Wall Street Crash of 1929

    Posted: 29 Oct 2021 04:08 PM PDT

    $TSM - Taiwan Semiconductor Manufacturing | The critical Jenga Block of Semiconductor Manufacturing

    Posted: 29 Oct 2021 07:12 AM PDT

    ​

    Brief Overview of TSM**:**

    Automobiles, computers, phones, IoT, or any device that is digitized requires a semiconductor chip.

    TSM manufactures these chips, and is one of the few companies with the strongest moat in the entire semiconductor supply chain. Think of TSM as literally the 1 Jenga block that supports the entire tower.

    Supply Chain Overview:

    (1) If You Don't Know This Already, TSM (TSMC) is a dominant player in Manufacturing of Semiconductor chips.

    • Why does TSM have a moat in manufacturing semiconductors?
      • Answer: High Barriers to Entry
    1. Manufacturing Knowledge & Quality Assurance
    2. Costly PPE to setup plants.
    • Costly/Custom Automation within Semiconductor Plants
    1. High Switchover Costs with existing Customers.
    2. Politically Agnostic Company, meaning their technology is make or break for any country irrespective of their allegiance.

    (2) Air Freight is the preferred Option for Semiconductor Chips amidst tariff/trade wars between U.S & China & Pandemic Disruptions. Surprisingly Strong Synergy To Alleviate Ocean Freight Issues.

    • Synergies across industries between Airlines & Semiconductor Manufacturers expected to be the band aid supply chain issue, as commercial airflights are still recovering from lack luster demand climate caused by the pandemic.
      • "EVA Airways Corp (長榮航空) and China Airlines Ltd (中華航空), the nation's two major airlines, reported accelerated revenue growth in the third quarter compared with the previous two quarters, thanks to robust air cargo business."
        • Semiconductor Chips. They are flying them left right and centre.
      • Source: https://www.taipeitimes.com/News/biz/archives/2021/10/14/2003766054
    • Why Airfreight is only a band-aid solution in the current supply chain disruptions for semiconductors:

    (3) Forward Looking View

    The Thesis

    • Go long on TSM with a 3-5 year outlook because supply chain shortage is a persistent problem that won't go away after the Pandemic, and neither will the growing demand for semiconductor chips.
      • Airfreight will become increasingly attractive synergy in the supply chain. It may even be preferred over ocean freight IF trade wars between China and U.S continue.
      • Without the manufacturing knowledge & PPE required, it is very difficult to replicate TSM's infrastructure for semiconductors.
    • TSM is in my estimation undervalued. I set the price target at 155 in the medium term.

    Original post by TaiPanda96 can be found here

    submitted by /u/utradea
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    I scraped r/stockmarket for the top ticker mentions in the last 24H. Here are the results (Friday October 29, 2021)

    Posted: 29 Oct 2021 07:46 AM PDT

    ​

    Ticker Company # Mentions (24H) Mentions and Charts
    GME GameStop Corp 18 See Specific Mentions
    HOOD Robinhood Markets Inc. Class A Common Stock 11 See Specific Mentions
    AMC AMC Entertainment Holdings Inc 7 See Specific Mentions
    PROG Progenity Inc 4 See Specific Mentions
    CRTX Cortexyme Inc 4 See Specific Mentions
    TMST TimkenSteel Corporation 3 See Specific Mentions
    MVIS MicroVision Inc 3 See Specific Mentions
    NIO NIO Inc 3 See Specific Mentions
    IBKR Interactive Brokers Group Inc 3 See Specific Mentions
    GM General Motors Company 3 See Specific Mentions
    BABA Alibaba Group Holding Limited 3 See Specific Mentions
    DIS The Walt Disney Company 3 See Specific Mentions
    FB Facebook Inc 3 See Specific Mentions
    TSM Taiwan Semiconductor Manufacturing Company Limited 2 See Specific Mentions
    ET Energy Transfer LP 2 See Specific Mentions
    SPY SPDR S&P 500 ETF Trust 2 See Specific Mentions
    NVDA NVIDIA Corporation 2 See Specific Mentions
    SNAP Snap Inc 2 See Specific Mentions
    AMD Advanced Micro Devices Inc 2 See Specific Mentions
    DWAC Digital World Acquisition Corp. 2 See Specific Mentions
    INTC Intel Corporation 2 See Specific Mentions
    submitted by /u/CurrentPangolin
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    Market close, Friday, October 29th, 2021

    Posted: 29 Oct 2021 02:12 PM PDT

    When you succeed to bought BABA by 300$ ��‍♀️

    Posted: 29 Oct 2021 12:11 PM PDT

    (10/29) Friday's Pre-Market Stock Movers & News

    Posted: 29 Oct 2021 05:07 AM PDT

    Good Friday morning traders and investors of the r/StockMarket sub! Welcome to the final trading day of the week. Here are your pre-market movers & news this AM-

    U.S. stock futures fall as Apple, Amazon decline on disappointing earnings

    Stock futures slipped in early morning trading Friday as shares of major technology companies suffered following disappointing earnings reports.

    Futures on the tech-focused Nasdaq 100 dropped 0.8%. S&P 500 futures shed 0.5% and Dow Jones Industrial Average futures were 45 points lower.

    Amazon shares dropped 4.9% in premarket trading after the e-commerce giant badly missed earnings and revenue expectations for the third quarter. The company also issued disappointing guidance for the critical holiday period.

    Apple stock fell more than 3.5% in premarket trading after the tech giant's quarterly revenue fell short of expectations amid larger-than-expected supply constraints on iPhones, iPads and Macs. It was the first time Apple's revenues have missed Wall Street estimates since May 2017.

    Investors were betting on good tech results in the prior session. The S&P 500 and the Nasdaq Composite both closed Thursday's session at record highs. Both Apple and Amazon gained on Thursday into the results.

    Despite the recent disappointing results from Big Tech, the stock market has been raking in records amid solid earnings. About half of the S&P 500 have reported quarterly results and more than 80% of them beat earnings estimates from Wall Street analysts. S&P 500 companies are expected to grow profit by 38.6% year over year.

    All three major averages are on track to post a winning week, their fourth positive week in a row. Month to date, the S&P 500 is up 6.7%, on pace for its best monthly performance since November 2020. The blue-chip Dow has gained 5.6% in October, while the Nasdaq has rallied 6.9%.

    Investors largely shrugged off Thursday's GDP report. The U.S. economy grew at a 2% annualized pace in the third quarter, its slowest increase since the end of the 2020 recession and missing expectations of 2.8% growth, the report showed.

    "GDP told us what we already knew, the economy slowed down considerably in the third quarter," said Ryan Detrick, chief market strategist at LPL Financial. "The good news is we see the next few quarters more than making up for the slowdown, as COVID trends continue to improve."

    White House officials were in Rome Friday as part of the Group of 20 economic summit.

    Treasury Secretary Janet Yellen spoke to CNBC, saying she was hopeful that the administration's infrastructure package would be approved soon while saying she does not believe it will add to the inflation problems the U.S. has been experiencing.

    "It will boost the economy's potential to grow, the economy's supply potential, which tends to push inflation down, not up," Yellen said during a live "Worldwide Exchange" interview.

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S S&P SECTORS:

    (CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    NEXT WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR NEXT WEEK'S ECONOMIC CALENDAR!)

    NEXT WEEK'S UPCOMING IPO'S:

    (CLICK HERE FOR NEXT WEEK'S UPCOMING IPO'S!)

    NEXT WEEK'S EARNINGS CALENDAR:

    ([CLICK HERE FOR NEXT WEEK'S EARNINGS CALENDAR!]())

    (T.B.A. THIS WEEKEND.)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($XOM $ABBV $CVX $RCL $HEXO $HUN $PSX $CL $WY $CCJ $CHTR $LYB $AON $IMO $LHX $GWW $CERN $RUTH $B $CBOE $MGI $SJR $ASIX $BAH $COWN $IMGN $SHLX $NWL $POR $FTS $WETF $LAZ $SIFY $DCOM $OIIM $SLCA $CHD $PNM $WPC $IRMD $ABR $PIPR)

    (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #1!)
    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #2!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    ([CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!]())

    (NONE.)

    YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #4!)

    YESTERDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:

    • LCID
    • MVIS
    • AMZN
    • AAPL
    • VGX.X
    • RVI
    • FB
    • TRIT
    • GGPI
    • VYGYF

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Chevron (CVX) – Chevron gained 2.1% in the premarket after posting its highest quarterly profit in 8 years amid surging energy prices. Chevron earned an adjusted $2.96 per share for the third quarter, beating the $2.21 consensus estimate, with revenue also beating Wall Street forecasts.

    STOCK SYMBOL: CVX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Exxon Mobil (XOM) – Exxon exceeded estimates by 2 cents with adjusted quarterly earnings of $1.58 per share, though revenue came in below analyst forecasts. Exxon was helped by stronger demand and higher prices, among other factors, and its profit was its highest in four years. Exxon added 1.5% in premarket trading.

    STOCK SYMBOL: XOM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Newell Brands (NWL) – The company behind consumer product brands like Rubbermaid, Sunbeam and Sharpie earned an adjusted 54 cents per share for the third quarter, 4 cents above estimates, with revenue slightly above forecasts. It also raised its full-year outlook despite supply chain and inflation issues, and its stock added 2% in premarket action.

    STOCK SYMBOL: NWL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Colgate-Palmolive (CL) – The personal care products company beat estimates by 2 cents with adjusted quarterly earnings of 81 cents per share and revenue also beating analyst predictions. Like many other companies, Colgate said it faced higher costs for raw materials and logistics.

    STOCK SYMBOL: CL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Momentive Global (MNTV) – The parent of SurveyMonkey agreed to be bought by customer service platform operator Zendesk (ZEN) for $4.13 billion in stock. Zendesk tumbled 18.5% in the premarket, while Momentive Global lost 5.7%.

    STOCK SYMBOL: MNTV

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Apple (AAPL) – Apple matched estimates with quarterly earnings of $1.24 per share, but revenue fell below analyst forecasts for the first time since 2016. Supply chain issues impacted the production of iPhones and other Apple products, and the stock fell 3.6% in the premarket.

    STOCK SYMBOL: AAPL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Amazon.com (AMZN) – Amazon earned $6.12 per share for the third quarter, well below the $8.92 consensus estimate, with revenue also falling below forecasts. Like Apple, Amazon cited supply chain issues and also pointed to labor shortages, and Amazon shares slid 4.5% in premarket trading.

    STOCK SYMBOL: AMZN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Starbucks (SBUX) – Starbucks beat estimates by a penny with an adjusted quarterly profit of $1.00 per share, but the coffee chain's revenue and global comparable-store sales fell short of Wall Street forecasts. Starbucks saw a particularly negative impact on its results from a resurgence of Covid-19 in the key China market. Starbucks slumped 5.2% in premarket action.

    STOCK SYMBOL: SBUX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Gilead Sciences (GILD) – Gilead earned an adjusted $2.65 per share for its latest quarter, surpassing the $1.75 consensus estimate, while the drugmaker's revenue exceeded forecasts by a comfortable margin. Gilead saw strong demand for its antiviral Covid-19 treatment remdesivir, but said full-year sales of its non-Covid drugs won't reach earlier estimates and its stock lost 1.7% in the premarket.

    STOCK SYMBOL: GILD

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    U.S. Steel (X) – U.S. Steel surged 9.2% in premarket trading after it reported an adjusted quarterly profit of $5.36 per share, compared with a $4.85 consensus estimate. Revenue also came in above analyst projections as steel shipments surged, while U.S. Steel also raised its quarterly dividend to 5 cents per share from 1 cent, and announced a $300 million stock buyback.

    STOCK SYMBOL: X

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Western Digital (WDC) – The disk drive maker tumbled 11.2% in premarket trading after the company provided weaker-than-expected current-quarter financial guidance. Western Digital, like other tech companies, is being hit by supply chain issues, although it did beat estimates by 4 cents with an adjusted quarterly profit of $2.49 per share.

    STOCK SYMBOL: WDC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.

    DISCUSS!

    What's on everyone's radar for today's trading day ahead here at r/StockMarket?

    I hope you all have an excellent trading day ahead today on this Friday, October 29th, 2021! :)

    submitted by /u/bigbear0083
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    An average day of my day-trading.

    Posted: 29 Oct 2021 06:28 PM PDT

    Is there anyways to get a heat map on your phone as a widget

    Posted: 29 Oct 2021 01:25 PM PDT

    Last night hearing and researching Facebooks new Metaverse, I thought “sounds like they are gonna incorporate MTTR” and immediately bought some. I think my intuition was right- it’s already up 19% today

    Posted: 29 Oct 2021 05:42 PM PDT

    TSLA going strong

    Posted: 29 Oct 2021 01:34 PM PDT

    35,000 Prog shares CTB is max. Price target $69

    Posted: 29 Oct 2021 06:47 PM PDT

    I've seen industry news. Beer is going to the moon. I've decided to buy some. How much profit will I earn?

    Posted: 29 Oct 2021 04:57 PM PDT

    Here is a Market Recap for today Friday, Oct 29, 2021. Please enjoy!

    Posted: 29 Oct 2021 02:41 PM PDT

    PsychoMarket Recap - Friday, October 29, 2021

    The remarkable rally in equities continued, with stocks jumping despite two of the largest companies, Apple (AAPL) and Amazon (AMZN), posting disappointing earnings results in an otherwise solid earnings season. The S&P 500 (SPY) and tech-heavy Nasdaq (QQQ) both closed the week at record closing levels.

    Coming into Q3 earnings season, market participants were worried the persistent supply-chain disruptions and labor market imbalances would hamper corporate profits, so it is very encouraging to see companies holding up better than expected. Recent economic data has also contributed to the bounce in equities.

    After suffering its first -5% dip in September, the SPY has come back with a vengeance, advancing more than 7% from the October 4 bottom. In this same time period, the tech-heavy Nasdaq jumped a staggering 10% and the Dow Jones (DIA) gained 5%. Not to toot my own horn too much, but I publicly remained bullish during September volatility and consistently encouraged dip-buying via this recap. Happy to say the strategy, as it has all year, worked great and personally resulted in my most profitable month all year. Hope some of y'all took advantage. Never try to fight market trends, much easier to ride them until you can't anymore. As I have said for like six months at this point, I think the trend will change once the Fed begins discussing interest rate hikes. When that happens, I'll reassess my position. Until then I see any and all dips as buying opportunities.

    Amazon (AMZN) shares dropped after the e-commerce juggernaut missed third-quarter expectations and forecasted a jump in expenses in the fourth quarter due to supply chain disruptions and rising costs for labor, materials and freight. These factors are expected to generate "several billion dollars of additional costs" to Amazon in the current quarter, the company said in its earnings statement. Here are the numbers:

    • Earnings: $6.12 vs $8.92 per share expected
    • Revenue: $110.81 billion vs $111.6 billion expected
    • Q4 Guidance: Amazon forecast sales between $130 billion and $140 billion
    • Amazon Web Services (AWS) and Prime Subs: $55.9 billion
    • Net product sales: $54.9 billion

    Apple (AAPL) also disappointed Wall Street in its fiscal first-quarter results, with key iPhone sales missing expectations, with the launch of the iPhone 13 hampered by the global shortage in semiconductors that forced Apple to massively cut down on production, new rules that allow third-party payment systems in the App store, and supply chain issues, which Tim Cook says cost the company more than $6 billion. Key Apple suppliers like Taiwan Semiconductors (TSM), Broadcom (AVGO), and Qualcomm (QCOM) fell on the miss. Here are the numbers:

    • EPS: $1.24 vs. $1.24 estimated
    • Revenue: $83.36 billion vs. $84.85 billion estimated, up 29% year-over-year
    • iPhone revenue: $38.87 billion vs. $41.51 billion estimated, up 47% year-over-year
    • Services revenue: $18.28 billion vs. $17.64 billion estimated, up 25.6% year-over-year
    • Other Products revenue: $8.79 billion vs. $9.33 billion estimated, up 11.5% year-over-year
    • Mac revenue: $9.18 billion vs. $9.23 billion estimated, up 1.6% year-over-year
    • iPad revenue: $8.25 billion vs. $7.23 billion estimated, up 21.4% year-over-year

    Earlier in the week, a report showed US GDP decelerated to expand at the slowest rate in over one year for the July through September quarter, with the Delta variant and supply-side constraints capping economic activity. GDP rose at a 2.0% annualized rate, missing estimates for the 2.6% pace consensus economists anticipated. However, despite this report and other recent tepid economic data, market participants have remained remarkably resilient and kept buying up any dips.

    Highlights

    • Facebook (FB) announced it will be rebranding under new name "Meta" and the ticker will change to MVRS starting December 1. This is to reflect the company's emphasis into investing in the metaverse, a 3D shared virtual space accessible via VR.
    • Following the post-earning surge, Microsoft (MSFT) unseated Apple (AAPL) as the world's most valuable company by market cap.
    • Tesla (TSLA) shares continued their monster run, closing above $1100 for a new all-time high. Congrats bulls, we getting paid!
    • Exxon Mobil (XOM) and Chevron (CVX) disclosed plans to expand drilling in the top US shale basin in West Texas after posting biggest quarterly profits in years amid elevated energy prices.
    • Squid Game Director Hwang Dong-hyuk confirmed there will be a season 2 but said he is "not a priority" right now. Netflix (NFLX) stock was up 2.5% today to reach a new ATH. After lagging other tech companies in the last year or so, Netflix stocks has been on absolute fire following the release of Squid Game, the most popular show ever on the platform. It is reported Netflix made roughly $900 million from the show.
    • Shares of Starbucks (SBUX) plummeted 6% after reporting earnings miss amid slowing sales in China.
    • The European Commission opened a full-scale investigation into NVIDIA (NVDA) plpanned $54 billion bid for semiconductor designer ARM. Very basically, the problem is that tons of companies, including Apple's new M1 chip are designed using ARM architecture, other chip companies are worried that NVDA's takeover could damage competition. In response NVDA has insisted it would maintain ARM as a "tech neutral" supplier.
    • **Please note that current stock price was written premarket and may not reflect closing prices*\*
    • Apple (AAPL) target raised by Oppenheimer from $165 to $170 at Outperform. Stock currently around $150
    • Amazon (AMZN) with two target raises. Stock currently around $3375.
      • Truist Securities from $3800 to $4000 at Buy
      • JP Morgan from $4100 to $4350 at Overweight
    • Floor and Decor (FND) target raised by Wells Fargo from $140 to $150 at Overweight. Stock currently around $136
    • Fortive (FTV) with two target raises. Stock currently around $76
      • Morgan Stanley from $78 to $82 at Equal Weight
      • Credit Suisse from $84 to $87 at Outperform
    • Hewlett Packard (HPE) target raised by Raymond James from $19 to $20 at Outperform. Stock currently around $14.50
    • The Hershey (HSY) with a host of target raises. Average price target $200 at Overweight. Stock currently around $175
    • Keurig Dr Pepper (KDP) target raised by Royal Bank of Canada from $40 to $41 at Outperform. Stock currently around $36
    • Laboratory Company of America (LH) target raised by Morgan Stanley from $368 to $377 at Overweight. Stock currently around $287
    • Linde (LIN) with two target raises. Stock currently around $320
      • Wells Fargo from $350 to $365 at Overweight
      • Deutsche Bank from $350 to $360 at Buy
    • Lululemon (LULU) target raised by JP Morgan from $500 to $570 at Overweight. Stock currently around $465
    • Plug Power (PLUG) target raised by Piper Sandler from $37 to $46 at Overweight. Stock currently around $38

    "You will face many defeats in life, but never let yourself be defeated." -Maya Angelou

    submitted by /u/psychotrader00
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    Fsr up after hours. Earnings on Tuesday. Ev companies are skyrocketing. Will fisker be $25 by Wednesday?

    Posted: 29 Oct 2021 05:32 PM PDT

    Top GameStop executive steps down after less than a year on the job

    Posted: 29 Oct 2021 07:26 PM PDT

    Astro Always A Good Watch

    Posted: 29 Oct 2021 06:45 PM PDT

    SP500 Winners and Losers | 10/29/2021

    Posted: 29 Oct 2021 06:34 PM PDT

    Winners

    Winner of the day by sector | SP500:

    Sector | Company | Ticker | % Price Change

    1. Industrials | W W Grainger Inc | GWW | 7.51%
    2. Health Care | DexCom, Inc. | DXCM | 9.27%
    3. Information Technology | Verisign, Inc. | VRSN | 5.68%
    4. Communication Services | Netflix Inc | NFLX | 2.41%
    5. Consumer Discretionary | eBay Inc | EBAY | 5.95%
    6. Utilities | FirstEnergy Corp. | FE | 1.66%
    7. Financials | Intercontinental Exchange Inc | ICE | 2.19%
    8. Materials | Nucor Corporation | NUE | 2.09%
    9. Real Estate | Extra Space Storage, Inc. | EXR | 2.01%
    10. Consumer Staples | Church & Dwight Co., Inc. | CHD | 2.43%
    11. Energy | Chevron Corporation | CVX | 1.30%

    Losers

    Loser of the day by sector | SP500:

    Sector | Company | Ticker | % Price Change

    1. Industrials | Carrier Global Corp | CARR | -3.97%
    2. Health Care | Davita Inc | DVA | -9.52%
    3. Information Technology | Western Digital Corp | WDC | -8.71%
    4. Communication Services | Charter Communications Inc | CHTR | -4.44%
    5. Consumer Discretionary | Mohawk Industries, Inc. | MHK | -10.98%
    6. Utilities | Pinnacle West Capital Corporation | PNW | -2.85%
    7. Financials | Metlife Inc | MET | -3.77%
    8. Materials | Eastman Chemical Company | EMN | -5.46%
    9. Real Estate | Ventas, Inc. | VTR | -3.87%
    10. Consumer Staples | Hershey Co | HSY | -2.26%
    11. Energy | Kinder Morgan Inc | KMI | -3.46%
    submitted by /u/Engineer_Economist
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    Anyone know why BENE is halted in the after hours right now?

    Posted: 29 Oct 2021 04:20 PM PDT

    Super choppy day, started with shorting the market, realized my mistake and went long on google and Microsoft, halloween is not red for me.

    Posted: 29 Oct 2021 01:25 PM PDT

    Portfolio taking a beating. What would you do here? Thoughts on my positions? I'm planning on holding through it as i believe most of my positions are great picks.

    Posted: 29 Oct 2021 03:34 PM PDT

    Lululemon Athletica (Ticker: $LULU) - Brief Breakdown

    Posted: 29 Oct 2021 09:01 AM PDT

    To see my full breakdown check out the link here.

    Company Description

    Lululemon Athletica designs, distributes, and retails athletic apparel and accessories for women, men, and female youth. It operates stores and direct to consumer sections of its business where it originally sold yoga pants and other yoga wear, and has since expanded to sell athletic wear. Lululemon also provides various fitness-related accessories. There are 491 stores internationally as well as its online store that operates globally.

    Quantitative Analysis

    At the time of this writing (9/26/2021), LULU is trading at $432.61 with a 52 week range of $269.28 - $437.32 and a market cap of $58.41B. In Q2 of their fiscal year 2021, LULU's revenue grew to $1.5 billion, up 61% year over year. LULU's diluted earnings per share was $1.59 and adjusted earnings per share was $1.65. Lululemon's operating margin increased by 110 basis points and adjusted operating margin increased by 160 basis points. Return of equity (ROE: Net Income / Total Equity *100) of LULU is 32.95% and net margin (net income / revenue) is 14.96%.

    Qualitative Analysis

    Lululemon has some of the highest quality apparel and is regarded as one of the finest clothing companies in the fitness and athleisure realm. Lululemon also creates high quality and comfortable men's slacks and with the movement to more remote work and more casual clothing in the office, LULU has a strong hold on comfortable yet professional looking clothing.

    Bullish Thesis

    Here are three points to support the bullish thesis:

    - Brand Loyalty in Yoga Wear: Although yoga is one subset of sports and athletic wear, Lululemon has seemed to perform well in this area. Although Lulu has increased competition in the yoga pants realm, they have strong brand loyalty in this sector of their business.

    - Post-pandemic Health Consciousness: We used this argument last week in our article about Peloton, each person is now becoming more health conscious. There is a study that linked extremely high BMIs (45 or greater) with 61% increased risk of death and 33% increased risk of hospitalization compared with healthy weight patients.

    - Mirror Acquisition: Lululemon has made its business around clothing and apparel with the occasional piece of fitness equipment. Now after acquiring a company called Mirror it can begin getting into the interactive fitness equipment space. There is growing competition in the area and Peloton is already a major player in the industry, but Lululemon has a familiar brand name to potential consumers and can poach new customers in a very new industry.

    Bearish Thesis

    Here are three points to support the bearish thesis:

    - Competition: The apparel industry is certainly not lacking in competitive companies. In athletic apparel, Lululemon must compete with giants like Nike, Adidas, and Under Armour. In non-athletic apparel, they face stiff competition from the likes of Banana Republic, The Gap, and Old Navy, to name a few.

    - Overvalued Stock Prices: Seeking Alpha analysts have expressed concern that Lululemon's current stock value is overpriced given their likely growth over the next 5-years. According to the analysis, the stock is currently priced as if the company will grow at ~35% per year. In the more likely scenario that the company's growth will slow post pandemic, the stock value will likely drop to more appropriate levels.

    - High Cost Apparel in an Economic Downturn: A major knock against Lululemon's apparel is the relatively high cost. Unfortunately for Lululemon, the COVID pandemic and policy decisions made over the last year have left us in a macro environment that may make consumers less likely to spend large sums of money on clothing.

    Full article here.

    ​

    What are the thoughts on Lulu? Bullish or bearish?

    submitted by /u/Fit_Rooster2702
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