W.P. Carey initiated with an Outperform at JMP Securities 06:30 WPC JMP Securities analyst… (My Mom's favorite stock and family friend of hers)
Fachatcha Analyst No 2- Upstart downgraded to Neutral from Buy at Citi 06:26 UPST Citi analyst Peter Christiansen downgraded Upstart to Neutral from Buy with a price target of $50, down from $180, post the Q1 results. The analyst says the company is more cyclical than he thought. Upstart's AI seems to outperform in stable-to-benign credit conditions, though it's evident now the platform takes time to adjust to a deteriorating macro environment, Christiansen tells investors in a research note.
Drones---------------> Robots----------------> Themes for the next thread. Red Cat Holdings (OTCQB:RCAT)+7%.
Vroom (VRM)+36% on Q1 results. Boy what a sham.... Bill Miller stock (pretty sure) he gave it to me at $30....... went to $1 $30------$1 respected money manager....
THIS MIGHT BE THE VERY LAST SPAC--- Westrock Coffee added as best best idea long at Hedgeye ahead of de-SPAC May 10, 2022 8:34 AM ETRiverview Acquisition Corp. (RVAC)BRCC Westrock Coffee (NASDAQ:RVAC), which is going public through a deal with SPAC Riverview Acquisition Corp., was added as a best idea long before at Hedgeye before its expected de-SPAC in Q3. RVACtickedup 0.4%in premarket trading. The SPAC offers "compelling value'' for an "essential player" in the coffee industry, according to Hedgeye analyst Daniel Biolsi. Westrock is profitable and the company's 20% revenue CAGR and margin expansion are "best in class" for top and bottom-line growth.
Stocks oversold enough to suggest a summer rally - GBA's stonedinvestor May 10, 2022 7:48 AM ET SPDR S&P 500 Trust ETF (SPY)QQQ,NDX,SP500 Van placing trades by the pool The S&P 500 (SP500) (NYSEARCA:SPY) is down 16% year to date and the Nasdaq 100 (NDX) (QQQ) is down 25%. "Even in very difficult markets such as 1994, 2000, and 2018, the selling can get overdone," "Our playbook remains the same - our tactical indicators are oversold/pessimistic enough to suggest a summer rally that should make up losses from here." (cough) The gameplan suggests four things: The decline so far in 2022 is based on fear of the Fed and its economic impact. "The summer rally is based on an intermediate-term oversold condition and the view the Fed’s actions are discounted." A decline in the fall is seen on the basis of higher rates. "How the year closes should be based on the reaction to the Fed from #3. In 1994, it recovered to close the year flat, while in 2000 it kept moving lower." The problem is that the Fed has no easy exit strategy for continued rate hikes, there is no easy exit from global supply chain constraints and Russian President Vladimir Putin has no easy exit strategy from Ukraine. "Our core fundamental thesis suggests the key to a positive outlook is money availability, and how the year ends should depend on whether the coming economic data slows enough to allow the Fed to talk down rates and allow for less restrictive financial conditions as tightening into the teeth of a global slowdown plays out."
Good news for US Food and possibly a GUMMY itself! Sysco sees significant surge in revenue, raises full-year guidance May 10, 2022 8:39 AM ETSysco Corporation (SYY) SYY- +$3.70///// $84 Sysco Corporation (NYSE:SYY) fed into a more bullish outlook with big earnings beats on Tuesday.
No lol, its not even close. I was just looking for one they mentioned yesterday because I laughed about it. I was just checking SPAC insider to see what it was, I forgot but it was stupid and I wanted to post it. But on SPAC insider, there's like 50 new SPACS in May alone lol. https://spacinsider.com/latest-news/