Good Morning GM. Van don't do the banks yet.. I have some info. The Single Best Idea IRA- type buy now I think is DARLING DAR. Also CTZ Constelation Brands.
ADM BREAKING NEWS BEFORE ANYONE ELSE : Putin just closed the Sea of Azov and the Kerch Strait (Or annulled agreement with Ukraine)
GBA Upgrade STNE- StoneCo Ltd. (STNE) NasdaqGS - NasdaqGS Real Time Price. 13.25+0.55(+4.33%) At close: 04:00PM EDT 13.60+0.35(+2.64%) Pre-Market:7:42AM EDT Earnings Estimate Revisions for StoneCo Ltd. For the fiscal year ending December 2023, this company is expected to earn $0.70 per share, which is a change of 112.1% from the year-ago reported number. Analysts have been steadily raising their estimates for StoneCo Ltd. Over the past three months, the Zacks Consensus Estimate for the company has increased 65.5%. NORDSTERN CAPITAL Investments: (STNE, share price increased + 1% in 1Q 2023) “The card association in Brazil have indicated that the industry should grow between 14% and 18% this year. And we expect to continue to gain market share.” - Thiago dos Santos Piao, Director and former CEO StoneCo Ltd1 STNE’s transformation is progressing well. New key personnel have joined, the board and management have strengthened. Cash flows are growing, margins are increasing, the client base and market share keep expanding. The company is all set to restart its lending business in the second half of 2023. In our view, despite all the changes, STNE still offers best-in-class service coupled with lower pricing than the industry and continues to drive high customer satisfaction. Upside for STNE might also come from external factors: STNE might save on interchange charges from prepaid card transactions, which will be capped in Brazil starting April. STNE does not intend to pass through the fee savings.2 Thus, STNE’s margins should increase further. In addition, the Central Bank of Brazil is under political pressure to start lowering interest rates following the recent drop in inflation, which would lower STNE’s funding costs. STNE’s shares currently trade at about 14-times our EV/EBIT estimates for 2023. We believe that STNE can grow EBIT per share above 20% per year for the foreseeable future. The Stone is rolling.
Putin cancels deal with Ukraine on Azov Sea, Kerch Strait use Russian President Vladimir Putin signed on Tuesday an executive order that confirms the cancelation of the agreement on the cooperation on the use of the Sea of Azov and the Kerch Strait his country and Ukraine adopted in 2003. The news was confirmed when the document Putin signed became available on the website of Russia's legal information service.
Hey dingbat nobody buys now- All GBA trades are contained in market hours. You are wasting space. I'm trying to keep this thread short and accessible. TY.
IDEA #1-> Darling Ingredients Inc. (DAR) @$62 NYSE - NYSE Delayed Price. 61.63-1.46(-2.31%) At close: 04:00PM EDT 62.09+0.46(+0.75%) Pre-Market:07:08AM EDT Obviously the next few days will be shaky but try and find the space in your accounts to add between now and Fri.
The children want trades that make money Stoney. Just because you don't have the ability to buy/sell in the extended hours, doesn't mean my 300K readers don't.