The stadium was originally known as Ravens Stadium at Camden Yards, until PSINet acquired the naming rights in 1999, naming it PSINet Stadium. It then reverted to Ravens Stadium in 2002 when PSINet filed for bankruptcy. M&T Bank bought the naming rights in 2003 and signed a 15-year, $75 million contract with the Ravens, which was brokered by Team Services, LLC. The naming rights deal for M&T Bank Stadium was renewed for $60M over 10 years in 2014, extending the name through 2027. We're birds of a feather Stoney. Never heard of ZIXI though. I don't think.
Verano Holdings (VRNOF) First up on the list is Verano Holdings, a $1.69 billion company based in Chicago. The company is a major producer in the US cannabis market. The company has 11 cultivation and production facilities, providing cannabis products for 87 operating retail locations. Verano sells its cannabis products subject to state regulations under four brand names. Its production facilities boast over 830,000 square feet of growing space. Verano has been working steadily to expand its footprint, and in October and November it opened two new dispensaries – featuring its Zen Leaf brand – in St. Charles, Illinois and in Las Vegas, Nevada. In addition, the company announced on November 10 that it will be entering the Connecticut cannabis market. The company will report 3Q21 earnings on November 16, but a look back at Q2 can give us a sense of where Verano stands. Revenues reached $199 million in that quarter, up 39% sequentially and a whopping 164% year-over-year. The quarter was a company record. After the second quarter ended, the company announced an upsize to its existing credit facility, boosting the total available to $250 million. The interest rate is 8.5%, and the agreement includes an additional $100 million on option. The upsized credit is a major increase in Verano’s available liquidity. Analyst Scott Fortune, from Roth Capital, sees Verano as a compelling buy, especially after the stock’s share price has fallen over the past several months. “We believe VRNO is overdue for a significant rerating after the share lockup overhang and improved share liquidity similar to the top MSOs... With shares trading [~46%] off its 52-week high, VRNO presents a compelling valuation opportunity at these levels and remains our favorite MSO name with the largest potential appreciation upside from strong fundamentals and ahead of potential incremental federal legislation,” Fortune noted. To this the Roth Capital analyst gives the stock a Buy rating, and his $32 price target implies a one-year upside of ~131%. (To watch Fortune’s track record, click here) Overall, Verano’s Strong Buy consensus rating reflects a unanimous approval from Wall Street, with recent 4 positive reviews. The shares are priced at $13.86 and the $32.10 average price target matches Roth Capital's. Green Thumb (GTBIF) The next cannabis stock we're looking at, Green Thumb, focuses on the medical and consumer aspects of the cannabis market and has a network that spans 14 US jurisdictions. The company boasts 16 manufacturing facilities feeding product to 66 open retail stores, which sell a half-dozen branded cannabis and cannabis product lines. The company’s recreational products include pre-rolled cannabis cigarettes, vapes, edibles, and even ‘social dosing’ cakes, designed for smoking in groups. Green Thumb has been opening a chain of retail locations under its house brand, Rise, in recent months. The company’s 65th store was opened in Bloomfield, NJ, in September, while the 66th location opened its doors in Mundelein, Illinois, in October. The Mundelein location will include a ‘roll through’ pick-up window for medical cannabis patients. In the third quarter, Green Thumb reported $233.7 million in revenue, up 5.3% from Q2 and 48.7% yoy. Significantly, it was the 5th quarter in a row of positive earnings, showing an EPS profit of 8 cents per share, and the 7th consecutive quarter of positive cash flow, $82.8 million in cash from operations. Green Thumb finished Q3 with $285.8 million in cash on hand. In coverage for investment firm Needham, analyst Matt McGinley sees Green Thumb in a solid position to continue its growth. “We see substantially less risk to margin and revenue estimates at GTI given M&A integration and improvement in operating efficiency isn't really a theme for GTI into '22 in the way that it is for most of its peers. We believe that GTI has the right strategic vision and record of strong execution to keep it on a path for continued profitable growth. At an EV/EBITDA multiple of 12.8x our '22 estimate, we believe the stock is cheap for a company with such consistency and opportunity for long-run growth,” McGinley opined. McGinley’s Buy rating on the stock backs up his $36 price target; he sees an upside here of ~33% for the coming year. Some stocks make a roundly positive impression on Wall Street’s analysts, and Green Thumb is one of those. This cannabis company has a unanimous Strong Buy consensus rating, based on 4 recent positive reviews. The shares are priced at $27.11 and the average price target is even more bullish than McGinley would allow. At $46.14, it suggests that Green Thumb shares can appreciate ~70% in the coming 12 months. Cresco Labs (CRLBF) Last but not least is Cresco Labs. This company – likewise based in Chicago – also caters both to the medical and consumer marijuana segments. The company has 9 branded product lines, operates in 10 states, boasts 20 production facilities, and owns 40 dispensaries. Along with that, Cresco has 47 retail licenses. All of this represents approximately 35% company growth – in its production and retail footprint – this year. Cresco’s branded products include medicinal extracts, edibles, bulk leaf for smoking, and more. The company’s 40th location, a Sunnyside retail shop, opened in Oakland Park, Florida, in October. The opening marks the company’s 11th Florida location, part of an expanding footprint in the country’s third-most populous state. In its recent 3Q21 financial report, Cresco showed some important results. Revenues were up substantially year-over-year, growing by 40.6% to reach $215.5 million. This included record net wholesale revenue of $109.3 million, and record retail revenue of $106.2 million. The company had total assets of $449 million at the end of Q3; included in that were cash and liquid assets of $252.8 million. This was balanced by Senior Loan debt of $376.6 million. Among the bulls is BTIG analyst Camilo Lyon, who rates Cresco Labs shares a Buy, along with a C$23 (US$18.32) price target. At current levels, this target suggests ~90% upside for the year ahead. In his coverage of this stock, Lyon writes: “We see CL benefiting from the combination of robust industry tailwinds bolstered by prudent yet strategic steps to deepen its presence in key states while expanding its house of brands through growing wholesale distribution resulting in robust revenue growth of ~65% and 30%+ adj. EBITDA margins. Lastly, with a shored-up balance sheet and ~$256M in cash and debt/ adj. EBITDA ratio of ~1.8x (which we estimate falls below 1x this year), we believe CL is primed to continue on its accelerated growth path.” All in all, Cresco has picked up 8 Wall Street analyst reviews recently, and they break down 7 to 1 in favor of Buys over Hold. The stock’s average price target of $16.90 implies a one-year upside of 74% from the current share price of $9.66. As a result, the word on the Street is that Cresco is a ‘Strong Buy.’
Van take a look at the max chart on ZIXI and you will see it completely flat at $8 for twenty years except a little time period in 99- 2000 where it soared to $70 for no reason.... I don't have to tell you but somewhere in there probably $20-$40 it's me! Zix Corporation (ZIXI) NasdaqGS - NasdaqGS 8.51+0.04 (+0.47%) At close: November 16 4:00PM EST
Could this be a warning for URBN? Target earnings beat estimates but margins hit by supply chain woes, higher wages
I must have been all in on something else or I'd have bought in too on the way down. Hey in the "Making New All Time Highs" department, what is this WolfSpeed? The old CREE. Symbol WOLF. It looks like they may be an EV play. $WOLF------> $142 Bad day to buy in, but lets bookmark it.
Hey Van we have about six days left until PSTG earnings. Come join me on this journey. Here let Zack's help- Pure Storage (PSTG) Reports Next Week: Wall Street Expects Earnings Growth Zacks Equity Research Tue, November 16, 2021, 3:00 PM The market expects Pure Storage (PSTG) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2021. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 23. On the other hand, if they miss, the stock may move lower. Thanks Zack's!
The Wolf!!!!! Wolfspeed to Host Investor Day in New York City on Wednesday, November 17, 2021 Nov 15, 2021 DURHAM, N.C., November 15, 2021 - Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, will host an Investor Day on Wednesday, Nov. 17, 2021 at the New York Stock Exchange in New York City. Wolfspeed CEO Gregg Lowe, CFO Neill Reynolds, and other members of the senior management team will provide an update on industry trends, new developments in the business and update the company’s long-term outlook. In-person attendance is limited to the investment community and registration is required. Institutional investors and financial analysts interested in attending should contact Wolfspeed’s investor relations team via the following email: investorrelations@wolfspeed.com. Registered guests area invited to arrive at 7:30 a.m. ET. Management presentations will begin at 8:00 a.m. ET and conclude at approximately 1:00 p.m. ET. To view the live webcast of the Investor Day event, please visit https://www.wolfspeed.com/company/news-events/events/investor-day-2021. A replay of the webcast and related presentation materials will be available on the website following the conclusion of the event. About Wolfspeed, Inc.: Wolfspeed (NYSE: WOLF) leads the market in the worldwide adoption of Silicon Carbide and GaN technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed’s product families include Silicon Carbide materials, power-switching devices and RF devices targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. We unleash the power of possibilities through hard work, collaboration and a passion for innovation. Learn more at www.wolfspeed.com. Wolfspeed® is a registered trademark of Wolfspeed, Inc.
One of the funniest and saddest days of my life is when I went through a bunch of boxes of buy and sell slips from the go go days of the Internet bubble. I was addicted. straight up. This is before $10 a trade stuff these are full on commissions to Smith Barney and so many I could of had a parade outside. All these names of companies that don't exist anymore and some that still do... In line skate companies... Karaoke oh yea I was there with Singing Machine! Singing Machine partners with Honky Party Express, launches Carpool Karaoke » 08:07 SMDM
Stoney and Van: Somehow it doesn't surprise me that you would buy into in-line skates and a karaoke company. ----From the man that brought us The Slinger!