• Breaking News

    Monday, November 1, 2021

    Home Unlabelled Stocks - r/Stocks Daily Discussion Monday - Nov 01, 2021

    Stocks - r/Stocks Daily Discussion Monday - Nov 01, 2021

    November 01, 2021

    Stocks - r/Stocks Daily Discussion Monday - Nov 01, 2021

    r/Stocks Daily Discussion Monday - Nov 01, 2021

    Posted: 01 Nov 2021 02:30 AM PDT

    These daily discussions run from Monday to Friday including during our themed posts.

    Some helpful links:

    If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    Please discuss your portfolios in the Rate My Portfolio sticky..

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
    [link] [comments]

    Coca-Cola buys full control of Bodyarmor for $5.6 billion in its largest-ever brand acquisition

    Posted: 01 Nov 2021 06:03 AM PDT

    Coca-Cola announced Monday it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest brand acquisition to date.

    -Owning Bodyarmor helps Coke gain market share in the sports drink category, although PepsiCo's Gatorade is far and away the market leader with roughly 70% market share.

    -Coke bought a 15% stake in Bodyarmor in 2018, becoming its second-largest shareholder.

    https://www.cnbc.com/2021/11/01/coca-cola-buys-full-control-of-bodyarmor-for-5point6-billion-.html

    submitted by /u/caesar____augustus
    [link] [comments]

    I want to improve my knowledge in investing

    Posted: 01 Nov 2021 01:00 AM PDT

    I feel pressured because some people who are the same age as me are doing well with their investments already. I don't know where to start because when I ask them they always feel like they are speaking a foreign language . It appears to me that asking for investing advice is like walking through a jungle.

    Browsing the internet for answers doesn't help tbh. There are tons of websites, videos, and articles but most of them give me more questions than answers. I'm not even sure if those are reliable. I spent a lot of time reading and watching and now it's just all information overload.

    Hoping you could share what helped you and how you did it .

    submitted by /u/InternalVersionr
    [link] [comments]

    I just invested in copper stocks. Should I be worried about the volatile situation when it comes to prices?

    Posted: 01 Nov 2021 04:33 AM PDT

    I have some copper stocks I invested in a few months ago and seeing that the situation is kind of volatile when it comes to it, I am wondering if I should be worried because of this situation.

    Just recently there were also issues with the copper supply due to the issues with miners and the restrictions brought about by the pandemic. Right now copper mine protests are spreading in Peru, which will affect two big producers – Glencore and BHP who both partly own the Antamina copper and zinc mine.

    I placed my money on BHP and FCX, but also invested in smaller players in the industry like Copper Mountain Mining (CMMC), a company producing 100 million pounds of copper equivalent with all the potential to increase. They have positive results in their recent drill results at their Cameron Copper Project located in Australia. I also placed some on Turquoise Hill (TRQ) whose mines are in Mongolia. They recently released their production results, being able to produce 41,935 tonnes of copper, which showed an increase of 14% compared to the second quarter of 2021.

    I'm planning to invest in exploration too, and I chose a company that is already drilling and are constantly releasing good results. Solaris Resources (SLS) I think is pretty undervalued based on the momentum it has, plus their cash burn is way under too which is good. They recently had a press release about increasing the strike length at Warintza Central, which now overlaps the western limits of Warintza East.

    The current situation is still so volatile and I'm wondering if this might affect my recent actions of investing in these stocks.

    submitted by /u/BulahShipman
    [link] [comments]

    PayPal still down trending with no new updates

    Posted: 01 Nov 2021 10:20 AM PDT

    Ok, so I can see that investors didn't look too favorable towards the Pinterest acquisition. But that's old news now, so what's driving down the price of the stock? Seems like it's just being manipulated at this point and has nothing to do with the actual value. I have no idea, but just I've watched this go up a tiny bit in the morning to tank every single day for 2 weeks.

    submitted by /u/lilaznjocky
    [link] [comments]

    If you could put 3k into AAPL, MSFT, or FB, which would you choose?

    Posted: 01 Nov 2021 01:12 PM PDT

    I'm looking for a "safe" place to put 3k. Arguments can be made for a lot of stocks but the ones I see mentioned most are these three. AAPL/MSFT because they're titans and historically just keep going up. FB because as much hate as they get, they're apparently undervalued.

    So if you could pick one, which would it be, and why?

    submitted by /u/DippySwitch
    [link] [comments]

    Peeling Back the Layers on Paysafe (PSFE)

    Posted: 01 Nov 2021 08:38 AM PDT

    If you're looking for a quick trade or pump, this is not it. I wrote this to have a searchable document for future reference. It addresses much of the false and misleading information that's been published on Paysafe. This undervalued Fintech represents around 15% of my portfolio but I continue to drill down on it because I find it the most intriguing with significant and reliable long-term upside.

    In the short term, anything is possible. Q3ER is pre-market, November 11. ForDespite beating Q2 consensus on revenue and EPS, reporting a 41% gain in total volume and reaffirming full-year guidance, the stock price severely gapped down and continued to fall 30%, on soft Q3 guidance.

    By any reasonable measure, the already guided Q3 miss is more than priced in at this point.

    I hesitated to share this because it may simply be best for those lacking conviction in PSFE's long-term value to sell so that the upcoming trend reversal can take hold. Still, I believe in making decisions based on accurate information. A recent SEC filing indicates that the stock's downtrend is not the institutional selling that bears have claimed (see Parts 4 & 5), but a rotation away from retail shareholders who, like whipped dogs beat into submission, are easily shaken out by disinformation and tactical intraday short volume (there has been plenty of both). As Paysafe Chairman Bill Foley acknowledged, the stock "has been unduly punished as the inevitable shareholder rotation plays out."

    Some have justifiably complained that management is not engaging the media to support share value. As the number of institutional owners has grown from 180 to 297 over the last quarter, it may simply be that management is quietly allowing a more stable investor base to take over in order to better secure long-term share value. After all, from the outset Foley did give fair warning that he's not concerned with short-term investors (oddly cut from this interview).

    ​

    TLDR: As an off-ramp from the in-depth review below, here's a fair assessment from RBC's 5-star analyst Daniel Perlin: "PSFE remains a complex story as the company grows over divestitures and portfolio adjustments, creating difficult comparisons, while also calibrating the Street on weaker seasonal patterns implicit in Q3/21 guidance, followed by an expected rebound in Q4. In addition, recent acquisitions push leverage to ~5.3x net debt-to-(adj.)EBITDA, which should de-lever quickly heading into FY22, but likely pressures the stock near-term as investors peel back the layers to gain visibility into H2/21 and into FY22." (Perlin rates it a "Buy" w/ $15 PT and expects -$0.07 EPS for Q3.)

    With that, here's one person's attempt to "peel back the layers" on:

    1. Growth
    2. Debt
    3. Profit
    4. Float
    5. Blackstone Group
    6. Insider Ownership
    7. Competition
    8. Management
    9. Lockup Expiry
    10. Valuation

    Note: Since there's a lot to cover, I'll break this up into 4 posts as I write them over the next 4 days. (The section headings above will become links.)

    ​

    1. Growth

    Paysafe just went public 6 months ago so it's natural to focus on very recent numbers which reflect a 12-18 month transitional slow-down due to Covid-related closures of live sporting events and brick & mortar retail along with strategic exits as part of the company's efforts to de-risk future growth.

    In the coming quarters, management expects bolstered growth from a post-Covid reopening, a lapping of legacy de-risking measures, their ongoing expansion into the US iGaming market, and their ongoing US rollout of digital wallet Skrill, which is expected to become "a second engine of growth on top of the payment processing growth."

    Unlike many companies going public with lofty growth projections, Paysafe's investor presentation offered the initial estimate of 10.4% growth, conservatively pegging it to the payments sector as a whole. However, in a recent conference, Paysafe CEO, Philip McHugh quietly upgraded that projection with a revealing break down of their business mix:

    • 45% of business is expected to grow 8-10%
    • 55% of their business is expected to grow 15-20%.

    That's a weighted organic growth of 11.9 - 15.5%.

    Add in the expected 3.9% inorganic growth from their two recent LATAM acquisitions ($60m rev@55%CAGR), and that 10.4% projection suddenly looks more like 15.8% to 19.4%.

    For a mature company operating at scale with over $100 billion in transactional volume, that's solid growth on par with PayPal's last three-year range of 15.02% - 20.72%.

    As a reference, this would put Paysafe's 2022E revenue between $1.79 to $1.87 billion, beating the consensus estimate of $1.75 billion.

    Additional factors not yet included in growth projections:

    1. Due to that 45%/55% business mix, when over half of the business is growing twice as fast as the rest, the weighted blend shifts over time until that faster growth rate predominates.
    2. That same compounding effect on overall blend applies to the two acquisitions, PagoEfectivo and Miami-based SafetyPay, reported to be growing at a combined 55% CAGR with 80%+ bank coverage in Latin America, "one of the fastest growing eCommerce markets out there."
    3. Moreover, forward growth estimates do not factor in several "post synergy multiples" related to these acquisitions. For example, Paysafe's eCash and digital wallet products will be introduced to fertile markets where more than half of the population fits their "underbanked" target profile (i.e. those who primarily use cash; don't have bank accounts or credit cards or simply want to protect their personal information but are actively moving to mobile devices and seeking ways to engage in eCommerce, iGaming and digital person to person payments).
    4. Including SafetyPay's 20,000 new collection points in seven European countries, the two deals add a combined 320,000 collection points and 90% bank coverage over 11 new Latin American countries, giving Paysafe one of the largest Fintech footprints in the region. Management says: "These transactions are expected to be accretive to 2022 and further enhance our long-term growth as we drive multiple cross-selling opportunities across all Paysafe business units."
    5. Also not yet factored into projections, these acquisitions lay critical groundwork in Latin America's emerging sports betting market, estimated to be worth $7-10 billion, growing at 20% CAGR. Importantly, with Paysafe's direct marketing and leadership in iGaming payment processing, the deals facilitate easy expansion for their many partners like Roblox, Draftkings, WynnBet, ESL Gaming, BetMGM, PointsBet, Penn, Twitch, Betfred, bet365 etc. As CEO McHugh notes, "We service Xbox, Youtube, Spotify and iGaming companies. And just being able to connect global companies to more and more markets with a single relationship was an easy synergy for us."
    6. Additionally, SafetyPay recently tapped into 134 million new customers with the recent rollout of its QR codes across Brazil enabling real-time transactions on the PIX mobile payment platform, with a TPV of $100 billion. This new QR code offers the unique benefit of allowing "non-credit card holders and fraud-wary consumers" to make bank payments and engage in eCommerce without risking personal information. Brazil is expected to account for a third of the LATAM eCommerce market.
    7. Further, projections don't yet include inorganic/organic growth or potential synergies from their third recent acquisition, viafintech, which adds a network of 20,000 points of sale in six European countries. This expands their eCash business (just posted 37% YoY growth), which taps into the "underbanked" as described above (1.7 billion consumers globally). While this deal protected and gained market shares, it was also a KYC software acquisition that will provide their digital wallets with a more streamlined point-of-sale "mobile ATM" function through phone-based digital banking. Management expects this to better position Paysafe "as an essential payments partner to challenger banks around the world as consumer banking habits continue to evolve." Direct relationships with rapidly growing branchless "challenger bank" (AKA neobanks) are a key driver in Paysafe's growth strategy in "open banking".
    8. The viafintech deal also includes a new strategic partnership with Glory Ltd to add Paysafe's eCash solution, paysafecard, to its global physical presence. Glory Ltd, (11,000 employees), has physical locations in 20 countries and is used in 100 countries across Europe, Asia, N.America, S.America, the Middle East and Africa.
    9. Enhanced global eCash/digital wallet synergy: Once integrated, these three acquisitions bring Paysafe's global eCash business to over a million distribution points in 60 countries. Along with their newly launched US advertising campaign for Skrill, the integration of their digital wallets and eCash platforms in these new markets greatly enhance Paysafe's position in the large US/LATAM and EU/LATAM remittance markets. Notably, viafintech recently announced a deal in Spain with fast growing neobank N26 which, combined with Paysafe's other acquisitions, creates a direct connection in the $18 billion remittance market between Spain and South America. Overall, this is a high-margin $700 billion global market.
    10. US wagering: Paysafe is already established with 75% of all US iGaming operators and they just reported a 72% increase in year-over-year volume with a 48% YoY increase in revenue, however, their growth estimates don't include the many US states expected to legalize sports betting going forward.
    11. Paysafe's growth estimates also don't include the full potential from Canada's newly legalized betting market. This is a market where Paysafe is already positioned with 100% of all operators. Starting at roughly $1 billion, Deloitte Canada projects 94% CAGR to $28 billion within five years ($22 billion USD).
    12. Paysafe also dominates sports betting in Europe which, according to The European Business Review, is projected to grow 30.6% CAGR, more than tripling from $24.7 billion Euros in 2020 to 94 billion Euros ($109 billion USD) by 2024.
    13. It's important to note that, as a payment processor, Paysafe's revenue is not made up from a fraction of iGaming operator revenue, but as a fraction of total pay-in/pay-out transactional volume (TPV). Over the next five years, the US sports betting handle (pay-in wagering) is estimated by some to grow to as much as $180 billion. With Paysafe's expectation of 20% US marketshare, the TPV of the US market alone has the potential to triple Paysafe's overall revenue. This is not a prediction but an interesting reference for the implications of Paysafe's dominant position in these many high-growth markets, all with long-term secular tailwinds.
    14. Lastly, Paysafe's newly launched travel safeguarding model, presents another new revenue stream that should not be discounted. Demand for this unique new offering is self evident. Almost as soon as it was announced, they signed a deal with ARC, who has a network of over 200 major airlines globally and processes $97 billion annually.

    With their recent expansion into new untapped markets and their unquestioned dominance in existing markets estimated to ramp to 30-94% CAGR, it's not a stretch to consider that the compounded effect of the above fourteen factors taken together, might add a modest 5-10% to overall growth (I suspect more). Add that to the 15.8% to 19.4% growth described above, and the resulting 21-30% annual growth would practically double the growth model on which 9 analysts have based their average price target of ~$14.

    Time will tell but such a growth prospect is supported their recently reported 41% increase in volume and an adjusted 23% YoY revenue growth, when excluding last year's divestiture and discrete Direct Marketing exits (both part of their strategy to de-risk forward growth). It also doesn't hurt that, including that slow period, they have a long track record of 30.7% CAGR between 2011 and 2020 ($128m to $1.43b).

    ​

    The remaining Parts 2-10 of this article will be linked above as it's written.

    submitted by /u/greensymbiote
    [link] [comments]

    Thread on how to play the coming climate restrictions.

    Posted: 01 Nov 2021 06:34 AM PDT

    I would like to start a thread where we could discuss about how the inevitable climate restrictions will impact the stock market in the coming month/years.

    We know that all indicators are showing that the market is wayyy too extended and that a correction will come one day. The market was in this state even before the COVID pandemic, which made it's state even worse.

    COP29 just started, and regarding the rate at which natural catastrophy are currently occuring, it is likely that governments will start to put serious constraint on the economy in order tooperate a climate shift towards carbon-free economy.

    For you, how the COP26, and more generally, carbon-free policy, will impact the market ?

    submitted by /u/Mekilekon
    [link] [comments]

    The Bear Case for Paypal

    Posted: 01 Nov 2021 02:11 PM PDT

    I want to hear your bear case scenarios for PayPal:

    https://www.google.com/amp/s/m.investing.com/analysis/paypal-cautiously-optimistic-on-the-stock-ahead-of-earnings-200606945%3fampMode=1

    I'm considering going all in on this stock, all it's fundamentals seem good. P/E, valuation and institutional ownership all appear to be the same even though the stock is 40% short of it's ATH. Analyst price targets are high. PayPal itself has established a reliable history and has stronger fundamentals then competitors.

    I don't see how this stock won't be a winner in the future.

    submitted by /u/Slaxle
    [link] [comments]

    How long to DCA 50k into the market?

    Posted: 01 Nov 2021 01:32 PM PDT

    As of now, I have a portfolio of a little over 30k, but I have at least another 50k that I can put into the market. What's a good plan? Couple thousand per week? It's gonna be 75% VTI/large caps and 25% small/mid caps. I'm young so I have plenty of time, however I would also like to buy a house in the next few years so I might want to take some out for the down payment.

    submitted by /u/RabidR00ster
    [link] [comments]

    Your thoughts on PayPal at current price

    Posted: 01 Nov 2021 10:42 AM PDT

    I was wondering was the community thinks about PayPal (PYPL) right now. I bought my shares and have averaged down, buying at $279, $258, and $241 with my cost basis now at $255. My total loss is 9.49% right now, but at least I'm selling some covered calls to make some premium. It's currently trading around $231 and I was thinking of maybe buying some more here to bring down my cost basis even further. If I didn't own PYPL at all right now, I'd be buying like crazy right now. But since I've already bought three times already averaging down, I'm not sure I should buy more again now. I'm only down about 4.4% from my last buy. If it got to -10% from my last buy, I would definitely buy more at that point. What are your thoughts on PYPL here and going forward over the next few months?

    submitted by /u/investortrade
    [link] [comments]

    Amazon plans to launch first internet satellites in late 2022

    Posted: 01 Nov 2021 11:18 AM PDT

    https://www.cnbc.com/2021/11/01/amazons-project-kuiper-launching-first-internet-satellites-in-q4-2022.html

    Amazon aims to launch its first Project Kuiper internet satellites in the fourth quarter of 2022, the company announced on Monday.

    "There is no substitute for on-orbit testing, and we expect to learn a lot given the complexity and risk of operating in such a challenging environment," Amazon vice president Rajeev Badyal said in a statement.

    Called KuiperSat-1 and KuiperSat-2, Amazon says the satellites will launch with rocket builder ABL Space on its RS1 vehicle.

    This is another great news and positive development. It shows that amazon will continue to expand or disrupt into new industries and never stop investing into new business. Investors should keep holding the stock as Amazon keep expanding and AWS is still growing > 30%.

    submitted by /u/coolcomfort123
    [link] [comments]

    Anyone else here adopt a microinvesting strategy?

    Posted: 01 Nov 2021 08:20 AM PDT

    Anyone else here a microinvester? Microinvesting meaning investing in small amounts to build up your portfolio. What's been your strategy so far? What's worked for you and what didn't? Why did you choose microinvesting over, what many do, buying large chunks of one company at a time?

    Aside from my 401k, I'm just under 10,000 invested but I treat it like it's 100,000. I put in 500-1000 a month, anchoring into VTI and building, albeit small, positions in companies I have high conviction of. I feel microinvesting allows me flexibility: I just focus on buying when prices are fair, holding when the climb. If I sell, it immediately is put into an already held position, to stake more bc I feel my money would perform better there.

    Just was curious if anyone went this route - Thanks for your input!

    submitted by /u/rozodots
    [link] [comments]

    What do y’all think about Building Automation/Mamagement System (BAS/BMS) companies, such as Johnson Controls, Siemens, Honeywell, etc.?

    Posted: 01 Nov 2021 06:20 AM PDT

    For some context: I was sent home to WFH back in March 2020. Per my supervisor, I will be deemed a "Hybrid" employee — if I need to go into the site, I can. I don't have a fixed schedule where I need to be in the office, or anything like that. It got me thinking about other people who have been assigned as "Remote" workers, permanently. And also, various industries that may have a lot of their workforce being assigned as permanently "Remote".

    Do y'all think companies like Johnson Controls (JCI), Trane, Honeywell, etc. could potentially be negatively affected by this advent of WFH personnel? If no one is inside commercial buildings (as an example), then what's the point of managing them?

    submitted by /u/HeyWhatsUpBonjour
    [link] [comments]

    CrowdStrike to Acquire SecureCircle to Enforce Zero Trust Data Protection

    Posted: 01 Nov 2021 02:11 PM PDT

    A leader in cloud-delivered endpoint and workload protection, today announced it has agreed to acquire SecureCircle, a SaaS-based cybersecurity service that extends Zero Trust security to data on the endpoint. With this acquisition, CrowdStrike will extend its industry leading Zero Trust endpoint security device and identity capabilities to include data. The all cash transaction is expected to close during CrowdStrike's fiscal fourth quarter, subject to customary closing conditions.

    CrowdStrike has redefined security for the cloud era by securing the epicenter of enterprise risk - the endpoint. With SecureCircle's technology, CrowdStrike will modernize data protection and enable customers to enforce Zero Trust at the device level, the identity level, and at the data level. By joining forces and leveraging SecureCircle's innovative capabilities, CrowdStrike plans to solve a complex problem that vexes all organizations, data protection, with a simple solution - enforcing Zero Trust control at multiple levels, all delivered through CrowdStrike's lightweight Falcon agent on the endpoint.

    Zero Trust Data Protection Reimagined

    The market for data loss prevention (DLP) and related technologies is estimated to be approximately $3 billion in 2021*. Despite billions of dollars invested in legacy DLP tools, organizations continue to experience data breaches at an alarming rate from accidental leaks, ransomware, sophisticated attacks and more. DLP is a failed technology and customers need a solution to protect data without impacting the user experience. With SecureCircle's technology, CrowdStrike plans to reimagine data protection - by enforcing encryption on data in all three states (in transit, at rest and in use), customers will be able to protect data on, from and to the endpoint. Combined with CrowdStrike Zero Trust Assessment, customers will also be able to control data access and usage policies for each user based on their Zero Trust score, enabling dynamic risk mitigation.

    CrowdStrike to Acquire SecureCircle to Enforce Zero Trust Data Protection | News | bakersfield.com

    submitted by /u/gorays21
    [link] [comments]

    Does the amount of shares matter?

    Posted: 31 Oct 2021 03:39 PM PDT

    Got into stocks pretty recently, I'm spending around 500-1000 dollars a month on stocks. So I wanna invest in amazon, google, tesla, however my friend who got me into it told me it's not a good idea because they are expensive and wont get me many shares for the amount I'm willing to spend. He thinks it's better to get stocks like lucid, palantir etc. because they will get me more shares. I didn't really get it and he gave up trying to explain it to me, so can someone else try and explain why it matters? With 1000 dollars, id get around 50 shares of palantir or 1 share of tesla. I don't see why i'd be better of going with palantir because of the number of shares, since they have different values per share.

    submitted by /u/MrAquary
    [link] [comments]

    Is it a wash-sale if I sell in a normal brokerage account and buy back in Roth IRA?

    Posted: 31 Oct 2021 08:38 PM PDT

    I have some stock that is at a significant loss. Come the first of next year, I want to move it into my Roth IRA but I also want to be able to use the capital losses. How do I do this? I know it would be a wash-sale to sell and buy again within 30 days, but what if I am buying it in a Roth IRA? Do I have to sell it and wait a month before buying back in Roth?

    UPDATE: It looks like we have an answer and it isn't pretty. Even when buying back in a tax free account, it is a wash sale - https://www.investopedia.com/articles/retirement/09/ira-wash-sale-rule.asp#citation-2

    submitted by /u/8426578456985
    [link] [comments]

    (11/1) Monday's Pre-Market Stock Movers & News

    Posted: 01 Nov 2021 05:51 AM PDT

    Good Monday morning traders and investors of the r/stocks sub! Welcome to the new trading month of November and a fresh start! Here are your pre-market stock movers & news on this Monday, November 1st, 2021-

    Dow futures rise more than 150 points as November begins with investors betting on a year-end rally

    U.S. stock futures posted a strong gain in early morning trading Monday as investors bet on a year-end rally after markets navigated a typically tough seasonal period successfully.

    Dow futures rose 185 points. S&P 500 futures gained 0.4% and Nasdaq 100 futures added 0.4%.

    Shares of Tesla, which became a $1 trillion company last week, continued its gains for the year with shares up another 2.8% in premarket trading. Investors have been piling into bets on Tesla options as of late.

    Shares linked to an economic recovery, such as Ford and Occidental Petroleum, where also indicated higher in premarket trading.

    "In our view, the key story arc driving equities is the strengthening global recovery," wrote Fundstrat's Tom Lee in a note to clients Sunday. "COVID-19 trends are improving, but with vaccinations and boosters, the improvement in healthcare risk could materially accelerate in 2022."

    After a tough September where the S&P 500 fell more than 4%, the benchmark jumped nearly 7% last month. September is typically the worst month for the market, averaging a 0.4% decline since 1950, according to the Stock Trader's Almanac. The market typically averages a gain in October, but the month is known for notable crashes so investors were a bit wary as the month began.

    But stocks ended up closing out October on Friday with all three major averages closing at record highs. The S&P 500 and Nasdaq clinched their best months since November 2020.

    The Dow Jones Industrial Average rose 5.8% in October. The S&P 500 rallied 6.9% last month and the technology-focused Nasdaq Composite added 7.3% in October.

    For the year, the S&P 500 is up more than 22%.

    Corporate earnings season dominated October amid solid profit results even with global supply chain concerns. About half of the S&P 500 companies have reported quarterly results and more than 80% of them beat earnings estimates from Wall Street analysts, according to Refinitiv.

    Market participants are gearing up for another week of corporate earnings, a key Federal Reserve meeting on Wednesday and October's jobs report.

    As earnings season continues this week, investors will also be monitoring the Federal Reserve's two-day meeting Tuesday and Wednesday. The central bank is widely expected to announce that it will begin to unwind its $120 billion in monthly bond purchases and end the program entirely by the middle of next year.

    Investors will also be looking for the Fed's comments on rising prices as inflation has been running at a 30-year high.

    "The Fed is part of a global move to remove accommodation, and the market drives right past that," Bleakley Advisory Group CIO Peter Boockvar said. "In a way, the stock market is playing a game of chicken, with this inflation move and interest rates and the response from central banks."

    Investors will get a look at the Institute for Supply Management's manufacturing index for October, which is expected to fall to 60.3 from September's 61.1. Any number above 50 is considered expansion.

    The other big event for the week will be October's employment report Friday, which could show some improvement in hiring, as new cases of Covid-19 continued to decline. Economists surveyed by Dow Jones expect nonfarm payrolls to show an increase of 450,000 after September's meager 194,000 gain, with the unemployment rate edging down to 4.7%.

    "Key to the report will be how much wage inflation rises and whether the labor force participation rate finally picks up after so many recently came of extended unemployment benefits," said Jim Paulsen, chief investment strategist for Leuthold Group.

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    LAST WEEK'S MARKET MAP:

    (CLICK HERE FOR LAST WEEK'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    LAST WEEK'S S&P SECTORS:

    (CLICK HERE FOR LAST WEEK'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!)

    THIS WEEK'S ECONOMIC CALENDAR:

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

    THIS WEEK'S UPCOMING IPO'S:

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

    THIS WEEK'S EARNINGS CALENDAR:

    ($SQ $PFE $ROKU $MRNA $PINS $ON $DKNG $UBER $APPS $QCOM $CRSR $PENN $SKLZ $PCG $CVS $TRVG $CRNT $ABNB $ATVI $MRO $MELI $DVN $FANG $BP $PTON $CGC $VIAC $AMG $FSLY $UAA $EPD $ET $NET $AKTS $ZG $GNRC $ALX $CNA $TMUS $SKC $RIG)

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

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($ON $PCG $CRNT $TRVG $AMG $CNA $ALX $SXC $TKR $JELD $LDI $OIS $ENBL $BEN $WTRG $SBT $CHT $AKTS)

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

    EARNINGS RELEASES BEFORE THE OPEN TODAY:

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

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

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

    FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #4!)
    (CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #5!)

    FRIDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR FRIDAY'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!)

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Harley-Davidson (HOG) – The motorcycle maker's shares soared 9.4% in the premarket after the U.S. and the European Union ended a dispute involving steel and aluminum tariffs. Harley could have paid European tariffs of 56% if the dispute had not been resolved.

    STOCK SYMBOL: HOG

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Spotify (SPOT) – The music streaming service's stock rose 2.1% in premarket trading after it was named a "top pick" at Morgan Stanley, on the prospects for accelerating growth in its Premium service and expanding profit margins.

    STOCK SYMBOL: SPOT

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Trivago (TRVG) – The travel services company saw its stock jump 4.2% in the premarket after it reported an unexpected profit and better-than-expected revenue for its latest quarter. Trivago cited improving travel trends as pandemic restrictions ease and vaccinations increase.

    STOCK SYMBOL: TRVG

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    AMC Entertainment (AMC) – The movie theater operator's stock rallied 2.6% in premarket action after AMC said its theater admissions revenue in October was the highest in any month since February 2020.

    STOCK SYMBOL: AMC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Barclays (BCS) – Barclays CEO Jes Staley will step down following an investigation into his relationship with disgraced financier Jeffrey Epstein by British regulators. Staley plans to contest the investigation's findings, and has said in the past that he regrets any association with Epstein. Barclays fell 1.5% in premarket trading.

    STOCK SYMBOL: BCS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Deere (DE) – Deere reached a tentative contract agreement with striking workers, with a vote on the six-year pact set for Tuesday. The deal will give workers higher raises and bonuses and would end Deere's first strike in 35 years. Deere shares gained 1.8% in premarket trading.

    STOCK SYMBOL: DE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Crowdstrike (CRWD) – The cloud computing company's stock fell 2.3% in the premarket after it was downgraded to "neutral" from "buy" at BTIG. The firm points to increasing competition as well as the prospects for slowing growth.

    STOCK SYMBOL: CRWD

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    GameStop (GME) – GameStop Chief Operating Officer Jenna Owens is leaving the videogame retailer after just seven months. GameStop did not give a reason for the departure of Owens, who had been a top executive at Amazon and Google before joining GameStop.

    STOCK SYMBOL: GME

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Roblox (RBLX) – Roblox is back online after the online gaming site suffered an outage that lasted from Thursday night through Sunday afternoon. The company did not give a specific cause of the outage but told The Wall Street Journal that there was no evidence of an external intrusion. Roblox shares rose 1% in premarket action.

    STOCK SYMBOL: RBLX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Moderna (MRNA) – Moderna said the Food and Drug Administration had delayed a decision on the use of its Covid-19 vaccine in adolescents aged 12 to 17, while the agency studies whether the shot increases the chance of myocarditis — an inflammation of the heart muscle. The drugmaker said a final decision from the FDA would likely not come until January. The stock lost 3.1% in the premarket.

    STOCK SYMBOL: MRNA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Xpeng (XPEV) – Xpeng shares jumped 3.7% in premarket trading after the Chinese electric vehicle maker said it delivered 10,138 cars in October, an increase of 233% over a year ago.

    STOCK SYMBOL: XPEV

    (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/stocks?

    I hope you all have an excellent trading day ahead today on this Monday, November 1st, 2021! :)

    submitted by /u/bigbear0083
    [link] [comments]

    Target should acquire Pinterest IMO

    Posted: 01 Nov 2021 02:08 PM PDT

    Here's my 5 page DD on social media from 7 months ago that rings true today (FB vs. Pinterest, Roblox, discord, etc)

    Pinterest DD

    There have been two merging targets, PayPal and Microsoft, neither of which make sense. It makes more sense in the context of Etsy and Target. They're the same fucking brand

    Target would end up acquiring a company with 500 million monthly active users around the world, where the demographics are 70-80% women. From a global perspective, that's a long-term growth potential when it comes to purchasing power of women.

    This is also disregarding Pinterest business analytics and deep partnership with Target in the first place, nor is it considering their ability to ship multichannel features on applications like Etsy, TikTok or Shopify.

    Have you ever seen women use social media? It's amazing. I rest my case. Honorable mentions are Google (search), Amazon (shop), or Apple (to stick it to FB even more)

    submitted by /u/notbrokemexican
    [link] [comments]

    United Microelectronics Corp (UMC)

    Posted: 01 Nov 2021 05:52 AM PDT

    It's not hard to find folks who are high on the semiconductor industry as a long-term investment. I wanted to share a specific stock that I have been watching for a while now and really believe is a great value play in this industry and one that I haven't seen discussed on this board much in the past.

    Company Overview

    The company is United Microelectronics Corporation (NYSE:UMC). UMC is a Taiwanese based semiconductor manufacturer that was found in 1980 and has factories in Taiwan, Mainland China, Japan, and Korea with sales offices in Asia, the U.S., and Europe. They are the world's 3rd largest foundry (behind TSM and GlobalFoundries) and held approximately 7% of the market share in 2020, per Morningstar. Their Chairman and two Co-Presidents combine for more than 70 years in the semiconductor industry. Stan Hung, Chairman, was previously named the semiconductor's best CFO in the Institutional Investor Magazine's Asia Equities Market Report.

    Recent Results

    UMC stock price currently sits at $10.27, which is about 18% below the 52 week high of $12.62 (9/3/21). Q3 earnings were released on 10/27, reporting an EPS that was $0.07 above the consensus estimate of $0.19. Revenue for the quarter was reported at $2B, up from $1.6B last year. The company also mentioned they expect shipments to increase 1-2% in Q4.

    Competitor Analysis

    ​

    UMC NVDA TSM MU
    Price $10.27 $255.67 $113.70 $69.10
    Market Cap 25.3B 639.2B 589.6B 77.3B
    Revenue 188.2B 21.9B 1452.6B 27.7B
    Net Income 36.3B 7.1B 549.9B 5.9B
    Op Margin 16.1% 33.4% 41.5% 24.4%
    FCF 39.1B 6.7B 250.5B 2.4B
    P/E 19.2 91.7 28.6 13.4
    P/S 3.7 29.5 11.3 2.9
    ROA 9.2 22.2 19.9 10.4
    ROE 16.2 40.4 29.8 14.1
    ROIC 12.9 26.2 24 12.3
    Quick Ratio 2.1 5.2 1.6 2.2
    Annual Dividend 2.7% 1.6% 0.1% 0.6%

    Conclusion

    I don't think it's a wallstreetbets kind of stock that is going to go to the moon tomorrow, but I do think there is significant upside for the stock long-term. They have great market share, revenue numbers, plentiful free cash flow, and an attractive P/E when measured against their competitors. They have a steady and experienced leadership team and in a rapidly growing and crucial industry with growing demand. A main threat I see to UMC is the potential that technology needs change and UMC doesn't keep up. Given their FCF, I don't expect that to happen. I think they can deploy their FCF to invest in new technologies or even acquire smaller companies. Another huge threat that is hard to read is the political tension that currently exists between China and Taiwan, but I'd argue that threat exists for the entire equities market.

    I'd love to hear your thoughts on UMC as you all think about their attractiveness as an investment!

    Disclosure: I hold 300 shares @ $8.38 and 55 1/19/24 $15C.

    submitted by /u/Mcfly43417
    [link] [comments]

    If I have partial shares and there's a stock split. What happens ?

    Posted: 01 Nov 2021 11:41 AM PDT

    Dollars and/or Partial shares.

    I didn't know how to flair this.

    Does the math on the ratios for the split just work the same for the partial shares or is there some other event ?

    Follow up question lastly: if it's 2:3, what happens if you have 1.

    submitted by /u/SameOreo
    [link] [comments]

    r/Stocks Daily Thread on Meme Stocks Monday - Nov 01, 2021

    Posted: 01 Nov 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
    [link] [comments]

    $CAR revenues increased by 9% compared to 3rd quarter 2019. How is this stock over 500% higher than 2019 levels then?

    Posted: 01 Nov 2021 01:19 PM PDT

    Q3 Highlights

    Total Company revenues increased by 96% and 9% compared to third quarter 2020 and 2019, respectively.

    ​

    How does this stock price make sense fundamentally?

    submitted by /u/pman6
    [link] [comments]

    Can current global economic growth sustain $10T+ and beyond market caps?

    Posted: 31 Oct 2021 02:24 PM PDT

    30 years ago, $100B was a huge feat. Do you see growth being able to sustain market caps of $10T, $25T or even $50T? It took decades for companies to breach into $1T. It took a tenth of the time to breach $2T. With our economy becoming ever so globalized and more and more people are attaining significant purchasing power around the globe, do you see valuations continue to grow at the current exponential rate we are seeing?

    submitted by /u/SunkenPretzel
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment