Piper sees 'several' positives in DraftKings horse racing pact 09:01 DKNG, CHDN Piper Sandler CHDN-$232 $221.38-2.27(-1.01%)11:00 AM 11/28/22 NASDAQ |$USD |Pre-Market:$232.44+11.06(+5.00%)3:52 AM
Are needle-free COVID vaccines our way out of the pandemic? Nov. 27, 2022 12:00 PM ET CanSino Biologics Inc. (CASBF),OCGN,VXRT,ORMP I may not be able to get the article but i grabbed the symbols!!!!!!
TODAY'S STOCK OF THE DAY NOVAVAX-- $17.40<------- I am still unsure on this name> The fact that their covid vax works differently is attractive now with the variants..-- They are in the middle of that messy episode of canceling orders to a non profit- $16.640.10(+0.60%)11:00 AM 11/28/22 NASDAQ |$USD |Pre-Market:$17.38+0.74(+4.45%)4:10 AM
UP AFTER EARNINGS - Bilibili (BILI) up 12% Kanzhun (BZ) up 11% Citi Trends (CTRN) up 10% Baozun (BZUN) up 5% Joyy (YY) up 4%<--------------- THIS IS RADIO SAVANT-!
The 'exceptionalism of technology' is probably over for the stock market: Goldman Alexandra Semenova, I work at GS and you probably heard as a woman it is difficult working here but I continue to hope for change. Tue, November 29, 2022, 5:51 AM For nearly a decade, mega-cap technology leaders like Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), and Alphabet (GOOGL) havedominated the U.S. stock market. But those days appear to be over, according to strategists at Goldman Sachs. David Kostin, the bank’s chief U.S. equity strategist, told reporters in a call Monday that technology is less likely to outperform by a stronger magnitude than other S&P 500 components in the coming years, adding that the revenue growth gap between companies in the sector and others is expected to be substantially smaller. "That exceptionalism of technology is arguably behind us," Kostin said. For the 10-year period from 2010 to 2021, revenue generated by tech giants compounded annually at a rate of 18%, per Goldman’s data – a return Kostin called "extraordinary." “Looking forward, the premium sales growth that was the characteristic most closely associated with mega-cap tech firms for the past decade has compressed dramatically,” Kostin and his team wrote in a recent note. A year ago, these four technology giants traded at an enterprise value/sales multiple – a ratio that compares the value of a company to its sales – of 7x versus 4x for the rest of the companies in the S&P 500. The difference between these names and the broad market has narrowed to 4x compared to 2x. The premium valuation investors are assigning to the market's biggest tech firms has dropped sharply in the last year. (Source: Goldman Sachs) Kostin also pointed to the two years after the March 2000 Tech Bubble as an instructive parallel for the current environment given that the period showed the four largest U.S. companies at the time posted half the sales growth that had been expected. This time around, the tide turned for Big Tech behemoths— and the tech sector more broadly — as the Federal Reserve moved away from the easy-money policies that fueled investor enthusiasm while embarking on an aggressive monetary tightening campaign to rein in inflation. Technology stocks, which are especially vulnerable to higher interest rates, have borne the brunt of the Fed-induced rout across U.S. equity markets in 2022. Apple, Microsoft, Amazon, Apple, and Meta Platforms (META) have lost around $3 trillion in market value this year, according to Bloomberg data. A year ago, the aggregate market capitalization of the current "tetrad of largest stocks," as Goldman Sachs puts it, comprised 22% of the S&P 500. In the past 12 months, that share has fallen to 18%, with the top four stocks returning an aggregate -25% compared to -13% for the remaining stocks in the index. The four largest stocks in the market have seen their collective weight in the S&P 500 drop by four percentage points in the last two years, though this still remains elevated relative to history. (Source: Goldman Sachs) These struggles have also prompted hiring freezes and layoffs among these names. Goldman notes the consensus expectation for annual sales growth for these four top stocks from 2021-24 stands at 9%, only slightly higher than the 7% expected for the rest of the market. Waning sales growth for these mega-cap stocks has, in turn, been accompanied by a contraction in the premium investors ascribe to these names as well. Across broader markets, Goldman Sachs sees the S&P 500 end around flat in 2023, muted by zero earnings growth. “The performance of U.S. stocks in 2022 was all about a painful valuation de-rating, but the equity story for 2023 will be about the lack of corporate earnings growth,” Goldman analysts wrote. “Put simply, zero earnings growth will drive zero appreciation in the stock market.”
There is only one like me. Yesterday I gave you a late day gummy YY. The markets were plunging the Lizard King was throwing a fit. I kept telling him it's ok you took half off.. he would not hear of it.. Santa's Rally is all the guy cares about. He craves it. But the markets were down big I don't look for a reason I just keep my head down and work and I dug up YY yesterday for you all and including the dividend you a have made 15% today! and if you are like me you have also made a ton of new attractive friends! So double win-- We're hip! We're Big In Singapore! We're making money!!!! We're GBA! JOYY Inc. (YY) NasdaqGS - NasdaqGS Real Time Price. 29.75+2.22 (+8.05%)<------------------ As of 09:54AM EST.
Ya know Stoney, you really shouldn't brag like this. YY... Perhaps that stands for ying and yang? Because for every YY, you have a PRVB. Yesterday you were saying to buy it at $9.50, it's down 8% today. Now I know you're going to say you got in it at $8.15, but the readers don't care about your portfolio, they care about what you say to buy and when. Yes, YY was a great call and a great find as an earnings play. You notice I gave it the blessing, pointing out the cash on hand and the billion dollar buyback they have in place, ... but to sit here and to toot your horn when another stock has fallen by a greater percent... whatever. And two other things... as I said Sunday, this market is gonna fall near term. Was I right? That was an 800 point call in 2 days. Did I brag? No. But who's the lizard king? Me. Your BEEM is $18.49 too btw. You got in at $16... (of course you didn't say that, you just quoted one of your daily cut and pastes earlier today and said you bought it for all 6 accounts... bragging it was $20)... but whatever. See... you jinx yourself Stoney. Gotta quit doin' that buddy. S&P 3946 as I type. I'll tell you when it's gonna reverse. Stick with VZ Stoney.
Nov 16 GBA buys BEEM,Planet Fitness & WBA -! van and I told you many many times! Don't lie to the children they are sending me such nice emails--> 3 Buys> IDEA #1 Planet Fitness. I can attest to this gyms are back. re: Planet Fitness is viewed favorably at Roth Capital after investor day reveals #10028 Nov 16, 2022 Report Reply Share stonedinvestor 28,044 Posts 1,935 Likes IDEA #2 BEEM - It's just finally time. re: Beam Global secures $5.3M order from New York City Nov. 15, 2022 8:26 AM ETBeam Global (BEEM) Beam Global (NASDAQ:BEEM) has secured a $5.3M order from New York City for an additional 71 Beam EV ARC solar-powered EV charging systems. This is the seventh order placed by the city and expands its fleet of sustainable EV ARC EV charging systems to 160. Each of the city’s EV ARC system generates and stores its own electricity, and is equipped with a Beam factory installed dual-plug EV charger from ChargePoint (CHPT) to power City fleet EVs. The systems were purchased using the General Services Administration Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006. #10029 Nov 16, 2022 Report Reply Share stonedinvestor 28,044 Posts 1,935 Likes IDEA #3 Walgreens re: Cramer had a good pitch on this co last night #10030 Nov 16, 2022 Report Reply Share
REJOICE CHILDREN YOU GET PAID! JOYY declares $0.51 dividend Nov. 29, 2022 12:28 PM ET JOYY Inc. (YY) JOYY (NASDAQ:YY) declared $0.51/share quarterly dividend, in line with previous. Forward yield 7.01%<----- Payable Jan. 6; for shareholders of record Dec. 23; ex-div Dec. 22.