Wow fucking nailed it. Exact. The TA here is 100%. Atlassian Corporation (TEAM) + $6 NasdaqGS - NasdaqGS Real Time Price. $191.02+7.00 (+3.80%)<----------- THANK YOU GBA! At close: 04:00PM EDT I am leaning towards this being the STOCK OF THE WEEK BECAUSE WE HAVE BEEN FOLLOWING IT SO....
Oh my god. My fingers are gold. WTF. HF is going to be busy next week! PII Polaris Inc.<--- Hits buy target price**** alert****** $110.68-0.32(-0.29%)4:00 PM 08/25/23 NYSE |$USD |Post-Market:$110.684:10 PM
Stoney have you followed SSD ever? I bought them during the crash in 2008, they’re holding out nice while other building materials stocks are down 10-15%. https://ir.simpsonmfg.com/home/default.aspx
SAT-! The most recent Fund Manager Survey from the bank showed utility stocks as the least overweight sector, but hedge fund holdings data show a 20% net long position in utilities, which is a near record.<------ "The BofA Fund Manager Survey and our institutional Factor Survey are at odds with the latest holdings (and have been for a while)," Subramanian said. "Fund Manger Survey: getting warmer. Holdings: still ultra-defensive... Despite fading recession concerns, active equity exposure to cyclical vs. defensive sectors and high beta stocks remains well below average." Subramanian said the bearish positioning among hedge funds comes at a time when investors should be playing more offense than defense in the stock market. That means the 5% sell-off in stocks this month is likely a buying opportunity. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> REMEMBER THE IMPORTANCE OF THE 5% THRESHHOLD. WE MUST STOP HERE! >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
ON shoes should not be confused with ‘QC shoes’ or ‘OC shoes’ like I hear some people call them due to the potentially confusing On logo on the side – I can see how that may happen in all honesty. On expects net sales this year to be close to $2 billion, but that still just represents a small slice of the global athletic footwear market. On shares have nearly doubled in 2023, setting a hot pace for the footwear industry's impressive performance. On Holding raised guidance after its Q1 beat, but sees growth slowing significantly later in the year. On earnings tripled to 0.15 per share CHF (Swiss francs) adjusted on a 78.3% revenue increase to 420.2 million CHF. In U.S. dollars, earnings spiked to 17 cents on $470.6 million in sales. Analysts polled by FactSet expect adjusted earnings to double year over year to 0.10 CHF. Sales were seen spiking 61.4% to 380.57 million CHF. In dollars, FactSet analysts expected earnings of 13 cents per share on $426 million in revenue. On Holding maintained its gross profit margin projections for the year, expecting it to reach 58.5% in 2023 from 56% last year. The company raised its net sales outlook to at least 1.74 billion CHF, up slightly from its March forecast of 1.7 billion CHF. In dollars, the performance shoe maker expects sales of $1.95 billion, up from $1.36 billion last year. Executives in the earnings call said they expect On's revenue growth rate in the mid-50s for the first half of the year but were more conservative for the second half of 2023, projecting the revenue growth rate in the mid-30s range. Executives noted a weaker environment and more volatile wholesale orders may weigh on performance but said, "we don't need to chase sales," as the "brand has been received super, super strongly" at new stores. Williams Trading downgraded On Holding to a sell rating from hold early Wednesday following earnings on concerns over its long-term brand health. Analyst Sam Poser noted that On's aggressive growth plans are driving "impressive" short-term results and pulling significant market share from "pretty much every athletic footwear brand" except for HOKA fromDeckers Outdoor(DECK) and New Balance. The management teams at HOKA and New Balance protect their brands better than On, Poser contends. On executives are clear they plan to keep supply below demand, the analyst wrote. But their focus on growth and broad consumer acceptance has created a large spread of styles for On running and "far too much inventory." Poser has a 26 price target for ONON stock. -On Holding averaged a massive 269.5% earnings growth over the past four quarters on an average 66% leap in sales leading up to the release. -The Swiss performance-shoe maker went public at 24 per share in September 2021 WELL THERE IS NO DOUBT THIS IS AN INTERESTING IDEA BUT IT'S NOT QUITE READY FRO STK OF THE WEEK.
MONGO- A quick run to $420-? MongoDB A pioneer of the cloud-native database, Atlas -- its fully hosted database-as-a-service solution -- not only works with legacy rows and columns but can also handle video and audio files, social media posts, and even entire documents, offering users much more robust database functionality. It also provides a vast repository of generative artificial intelligence (AI) tools. CEO Dev Ittycheria recently laid out the magnitude of the opportunity for MongoDB: "We believe the recent breakthroughs in AI represent the next frontier of software development. The move to embed AI in applications requires a broad and sophisticated set of capabilities while enabling developers to move even faster to create a competitive advantage." As a result, he believes the company is "well positioned to benefit from the next wave of AI applications in the years to come." MongoDB has generated enviable growth even during the worst downturn in over a decade. In its 2024 first quarter, ended April 30, its revenue climbed 29% year over year, while adjusted EPS soared 180%. Perhaps more telling is the company's expanding customer base, as it added 2,300 customers during the quarter, up 22% year over year, the highest number of additions in more than two years. MongoDB's solid track record of operating results and its growing opportunity has driven the stock up 108% so far this year. The cumulative results since the company's public debut in late 2017 are even more striking. Revenue has soared 1,300%, sending its stock price up 1,170%, with the stock price above $408 as of Monday's market close. MongoDB's growth spurt is likely to continue, suggesting a stock split could be in the cards. <--------- WELL FOLKS WITH THE CHANCE OF A STK SPLIT! AND THE CHANCE OF REALLY GOOD EARN AND THE CHANCE OF TALKING ABOUT AI AND THE FACT THAT MONGO IS ON OUR 2ND LEVEL AI LIST... IT ALL ADDS UP TO.... MONGO DB IS THE GBA STOCK OF THE WEEK