NEW YORK and ST. GALLEN, Switzerland, March 19, 2024 (GLOBE NEWSWIRE) -- Sportradar (NASDAQ: SRAD) and the National Basketball Association (NBA) today announced the launch of enhanced betting-related functionality within NBA League Pass, powered by emBET, Sportradar’s over-the-top (OTT) solution. Sports betting content, such as point spreads, over-unders, and money lines, will be seamlessly integrated into the NBA’s live streaming platform, elevating the in-play betting experience. Where sports betting is legal, users can opt-in to have the convenience of viewing and selecting bets directly on NBA League Pass. When ready to place a bet, they are directed to FanDuel or DraftKings, the NBA’s official betting partners, through a seamlessly embedded link. “emBET is an exciting innovation for NBA fans, making in-play betting more engaging and immersive,” said Patrick Mostboeck, Sportradar Senior Vice President of Audiovisual. “Through our exclusive partnership with the NBA, we’re committed to develop next-generation, value-added products and services, like emBET, to drive fan and bettor engagement.” “Integrating emBET is consistent with the NBA’s vision to create hyper-personalized and customized viewing experiences within NBA games,” said Scott Kaufman-Ross, NBA Executive Vice President of Media and Gaming. “For NBA fans who want to wager on our games during live action, they can now elect to receive contextualized betting information directly on NBA League Pass.” emBET will continue to enhance user engagement and retention by delivering more innovative and interactive content, such as advanced team and player insights, polls, voting and trivia widgets. Sportradar’s exclusive access to NBA optical-tracking data is integral to the development of these dynamic new features to be integrated in the future. Sportradar has been an official partner of the NBA since 2016, and is the exclusive, worldwide distributor of NBA data. ________________________________________ Earnings tomorrow. I'm always a little skeptical when companies that are thinly traded release puff news right before earnings. SRAD--> $10 proceed with caution, but this stock should be worth more.
National Beverage down here at $47 might finally be worth a look. I still think one of these days someone will buy them. FIZZ-->$47.60
Today's news... delivered to ya'll free of charge last month. US spring passenger airline travel expected to hit new record -- group REUTERS 3:05 PM ET 3/19/2024 WASHINGTON, March 19 (Reuters) - U.S. airlines are projected to carry a record 167.1 million passengers in March and April, up 6.2% over 2023 levels as travel continues to be robust after the COVID pandemic. Airlines for America, which represents American Airlines(AAL) , Delta Air Lines(DAL), United Airlines, Southwest Airlines(LUV) and others, projects daily travel will top 2.7 million daily over the two-month period as flights grow by 4.1% and the number of seats per flight increases by 1.1% on average to 137. ------------------------- DAL hit my 10% goal last week btw.
Sportradar Group AG (the “Company”) announced that Carsten Koerl, Chief Executive Officer, pursuant to the terms of a stock trading plan dated December 12, 2023, plans to sell a portion of his holdings of the Company's stock to address tax and other financial planning matters. Following the reporting of the Company's 2023 earnings, Mr. Koerl intends to sell 3.5 million Class A ordinary shares which is equal to 3.7% of his equity position consisting of approximately 93.9 million Class A ordinary shares (presented on an as converted basis). The stock trading plan is in accordance with guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934. ________________________________________________________________________________ So after tomorrow, the ceo intends to sell 3.5MM shares. On a stock this thinly traded, that's a lot of shares for the market to absorb in one fell swoop. This press release has been out there for a few days, and the stock has not really reacted too much. Regardless of whether he sells it all at once or overtime, it would seem like that will put a near-term lid on the stock... unless they just come out tomorrow morning and blow out the numbers. Which might be the case. Interesting timing on their announcement of this. Obviously I could be wrong, but I'm gonna say this bodes well for the stock price going forward. If not, it'll push it below $9 easy. If that does happen, anything between $7-$8 would be a steal.
Well SRAD came in nicely. It pulled back from its highs, $11.25 now. I'm going to add Dollar General now. I wrote in another thread earlier this week that I liked it at $152, its $155 now. This is another stock that I have owned off and on, long and short, for years. I follow the story... I feel pretty confident the dust has settled, plus I like the fact that their competition, Family Dollar/Dollar Tree is in a hurt locker and closing stores. Not that I like that in the sense of seeing peoples lives upturned, but just strictly from a business standpoint. DG has brought back their old ceo, and they needed too, because those stores were a mess. If you search the forum here, I have dozens of posts regarding this company. Anyway Dollar General... anywhere around this level, should be a good 52 week return if you want to buy and hold it. If not, wait for a market correction and you might get lucky and get it below $150. Also, this is a good stock to play the "sell the covered calls" game with too if you buy and hold. DG--->$155.50 BJ's took out its 52 week high today too btw. Good ol' DAL got within a penny of $45 today also.
It got as low as $329 that day. $333 was in the pre right before the bell. I had a feeling that sell-off was overdone. This company is a good long term hold. AI is going to bring many changes to the table for fortune 500 companies to deal with as it's continued migration into their models proliferates. Accenture is a best of breed company whose wheelhouse is managing corporate change. The right company for the right time imo. 1.5% dividend too. $341 now. Don't chase it though, it'll pull back some from here I suspect. They usually do after a nice bounce off the lows. $335 should work.
For a more speculative stock with a slightly higher risk, but with the potential for a huge reward is Oddity Tech Ltd. ODD---> $41 It's an Israeli tech company that is using AI to basically replace the cosmetic counter of the old school dept stores. Those were very lucrative, because women depended on them and the expertise of the staff, to sell them the makeup's that worked for them. It's a science in a way, and one thing that will never change, women want to look their best. Makeup is an art. So this company does that, all virtually. It must be working too, because the user base is growing like gang-busters. It ipo'd last summer, and there was a recent dilution that seemed to get absorbed pretty well. And here's the best part, as IPO's go... this one actually makes money. I misspoke.... that was not the best part. This is the best part. I listened to the cc, and I also saw the ceo give an interview... and I like her a lot. She is smart and hard charging. All business and no bs. Straight shooter. I think she's 40.... so she's gonna make something of this company. The stock got as low as $25. The ipo was around $50. Do your own dd as always.... because it's thinly traded so it can certainly drop $5 over a few bad sessions, but I have a feeling at their next quarterly report, this thing is gonna explode up. __________________________________________________________ Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands. In addition, it operates ODDITY LABS, a biotechnology center, which develops various ingredients, including novel molecules, probiotics, and peptides for beauty and wellness products. Oddity Tech Ltd. was incorporated in 2013 and is headquartered in Tel Aviv, Israel.
Anyone notice where DAL closed today? $47.27 By comparison over the same time-frame LUV is down 9.3% American is up 1.8% UAL is up 10.2% JETS is up 6.9% And good ol' DAL (doing the heavy lifting for JETS).... it's up 16.8% Always find the best of breed folks.