U.S. GDP falls for a second quarter, down 0.9% in first estimate Q2 GDP (initial estimate)-0.9%vs. +0.5% consensus and -1.6% in Q1. Personal consumption expenditures:+1.0%vs. +1.3% consensus and 1.8% prior. PCE price index:+8.9%vs. +7.1% prior. Core PCE prices:+4.4%vs. +4.5% consensus and +5.2% prior.
Eltek interests me-- They make circuit boards and they are out of Israel. They supply the US and Israel military needs. There is a move away from Chinese tech-- The semi conductor act I think rubs off on Eltek as well. They can build a big US plant. This is a good idea. Van?
Check This Out: ELTK 50-Day Moving Average- 3.9936 200-Day Moving Average- 4.2359 Eltek Ltd. (ELTK)-- Today will break above both 50 & 200 day- NasdaqCM - NasdaqCM Delayed Price. 4.2101+0.1001(+2.44%) At close: July 27 03:54PM EDT 4.4000+0.19(+4.51%)<------------ YES! Pre-Market:08:01AM EDT Van I think we add ELTK! Eltek (NASDAQ:ELTK)develops and markets high-efficiency power conversion systems. It is a global corporation with customers in more than 100 countries and is likely to expand due to electrification. The company is still relatively small, with a market capitalization of just $22.23 million. Nonetheless, ELTK has been surprisingly stable despite its small size and a bear market. The stock has been trading sideways for all of 2022 after a 48% decline from its peak in 2021. In addition, the company has reported strong financials this quarter, with YOY revenue growth of 35.39% and net income growth of 183.41%. Eltek’s P/E ratio of 4.09 I think the ole' stoney is back! I found a killer rig stk yesterday & today a really good tech idea. Price is down because of weakness in India.
RADIO SAVANT PORTFOLIO UPDATED** July 27. 1- STLD- $68--> $71--> $72.83 2- Disney-$102.50--> $103.50 3- Karuna KRTX $131-----> $133 4- NFE $38.75--> $43.95 5- Darling Ingredients Inc. (DAR) $60.25 (VAN)--> $61.92--> $63.27 6- Polaris PLL- $110* (NEW) 7- ROKU-$78.50* (NEW)----> $85--> $86.90 8- HELIX ENERGY (NEW) $ 3.25-- $3.60 9- 10- 11-
Yesterday Eltek files $20M mixed securities shelf 16:08 ELTK Van this means a secondary is in waiting? Or can this be private placement type thing----