GOOD MORNING STOCK FANS! I am in full NFL Draft mode now as my second job really kicks in. It would be nice if a few of you could come up with some ideas.... Ok we made a bundle with that Gitlab last week and now I know why..... GitLab shorts reach new record high despite diminishing analyst caution; Poshmark bears exit following 40% freefall SHORT INTEREST GAINERS GitLab (GTLB) returns to our coverage this week as short-selling interest in the stock resumed its upward climb, even as the sell-side is turning less cautious on the name. The estimated short position on GitLab rose 17 percentage points to 68% and days-to-cover increased 23% to 3.4 – record high in both - while the stock rose 2% in the five-day-period covered. Friday’s gains of 17% came in the wake of a valuation-driven upgrade from RBC Capital – the third analyst upgrade this year.
Beaten-down HelloFresh looking like a buy, Barron's says 09:23 HLFFF Many stocks that benefited from trends accelerated by the onset of the COVID-19 pandemic are looking past their prime, Jack Denton writes in this week's edition of Barron's. Shares of HelloFresh are down more than 20% this year, putting it near the bottom of Frankfurt's blue-chip DAX index, the author notes. But not all pandemic stocks are equal. HelloFresh is bruised, but it's a buy, he contends, arguing that the stock benefits from tailwinds predating COVID-19 and is undervalued by multiple metrics. Reference Link Uber to host investor meeting 17:07 UBER Investor Day to be held on February 10 at 9 am. GoDaddy to host virtual investor day 17:10 GDDY Virtual Investor Day to be held on February 11 at 1 pm. Webcast Link
Ok Stoney... this strolling into the office 10 minutes before the bell isn't gonna cut it. You need to be in by 7 during the heart of earnings season. I can't do everything here. Did you figure out my trivia question above?
Enova International price target raised to $54 from $48 at JMP Securities 06:26 ENVA Enova International upgraded to Buy from Hold at Maxim » 07:47 ENVA Enova International upgraded to Buy from Hold at Maxim 07:49 ENVA Maxim analyst Michael Diana upgraded Enova International to Buy from Hold with a $55 price target. The analyst is positive on the company's record quarterly loan originations and continued strong credit quality. Diana adds that he agrees with Enova's management that fiscal stimulus reduced loan demand, and as the economy continues to reopen, he expects demand to pick up from both consumers and small businesses. ENVA-$43 Enova International, Inc. (ENVA) 42.99+1.77(+4.29%) As of 09:33AM EST. Market open. Aflac price target raised to $67 from $60 at Raymond James 07:55 AFL Raymond James analyst C. Gregory Peters raised the firm's price target on Aflac to $67 from $60 and keeps an Outperform rating on the shares. The stock is up 11% on a year-to-date basis due in part to the expectation of higher interest rates and the positive impact on future NII growth, and going forward, Peters expects a slow but gradual recovery of new sales in Japan and in the U.S., the analyst tells investors in a research note. Marqeta can remove top overhang by extending Block, says Mizuho 06:43 MQ, SQ Mizuho analyst Dan Dolev lowered the firm's price target on Marqeta (MQ) to $17 from $20 and keeps a Buy rating on the shares. Block (SQ) accounts for about 70% of Marqeta's sales and the agreement with the company begins to expire in March 2024, Dolev tells investors in a research note. The analyst says his been the number one drag on the stock. He believes preemptively extending the duration of the contract by several years could help alleviate this concern, taking the "SQ going in-house" risk off the table. While this would likely be accompanied by a pricing concession by Marqeta, removing the overhang may result in a "substantial re-rating of the multiple, likely more than offsetting the drag on sales," contends Dolev. Power Integrations upgraded to Positive from Neutral at Susquehanna 07:30 POWI Susquehanna analyst Christopher Rolland upgraded Power Integrations to Positive from Neutral with a $100 price target. Origin Agritech sees FY22 revenue growth over 300%, expects to be profitable 07:04 SEED (This is an old old stock of ours.) Susquehanna upgrades potential buyout target Power Integrations to Positive 07:46 POWI Susquehanna analyst Christopher Rolland upgraded Power Integrations to Positive from Neutral with a price target of $100, up from $95. The company's fundamentals have "outperformed considerably" this cycle and are less vulnerable to over-ordering risks, Rolland tells investors in a research note. In addition, the analyst no longer views valuation as a "considerable risk" for the semiconductor sector following the recent selloff. Rolland also sees Power Integrations as a potential takeout target saying its $4 of earnings per share is worth closer to $5.50 for an acquirer. Strategically, the company's "strong" catalog, growth products and fabless manufacturing increase its attractiveness, contends the analyst. Aemetis selects, signs definitive agreements with SunPower, Schneider Electric 08:09 AMTX, SPWR, SBGSY Craig-Hallum bullish on Zeta Global, initiates with a Buy 08:54 ZETA, GOOG, GOOGL, AAPL As previously reported, Craig-Hallum analyst Jason Kreyer initiated coverage of Zeta Global (ZETA) with a Buy rating and $14 price target. The analyst notes that Zeta's shares immediately broke their $10 IPO price in June on the basis of broad investor confusion. He believes Zeta was perceived to be negatively impacted by Google's (GOOGL) decision to delay 3P cookie deprecation, a fear that was exacerbated by Q3 marketer woes following Apple's (AAPL) elimination of mobile IDs. Importantly, Zeta's ID graph doesn't utilize cookies or mobile IDs as inputs, and it is the analyst's belief that it is a beneficiary of its trove of 1P data assets which marketers can use for advanced consumer targeting. Further, Kreyer points out that despite solidly positive fundamental revisions, this vertical software company trades at just 3-times EV/Sales while posting about 20% growth rates. With a peer group trading at 4-11-times EV/Sales, he sees fundamentals and valuations improving over time. Verra Mobility awarded contract renewal by New York City 08:56 VRRM Verra Mobility announced that the New York City Department of Transportation exercised its second three-year renewal option under its photo enforcement contract with Verra Mobility. The contract, which was registered in 2014, presently covers hundreds of red-light, bus lane, mobile speed and fixed speed photo enforcement cameras that help promote safe driving behaviors. Verra Mobility also provided additional speed cameras under a separate contract with New York City that commenced in late 2019. This renewal provides for an expansion of 100 additional red-light cameras and 150 bus lane cameras, and it also includes certain negotiated price reductions. Utz Brands completes accretive acquisition of Clem Snacks and J&D Snacks 08:36 UTZ Missfresh to provide food delivery and vending machines for Beijing Winter Games 08:18 MF Missfresh to provide express food delivery and Convenience Go smart vending machines for support staff stationed in Taizicheng Snow Town, Zhangjiakou, the main zone of the 2022 Beijing Winter Olympics in Hebei Province. Missfresh launched these services in Taizicheng after more than three months of preparatory work by over 100 staff members, Jiahong Ji, the head of Missfresh's "Taizicheng Special Retail Services" team, shared. Leveraging on the capabilities of its Retail Cloud system, Missfresh developed a new mini online shopping platform with around-the-clock express delivery service in order to meet the everyday fresh food needs of volunteers, logistics and support staff, and security personnel across the entire Winter Olympics support area in Taizicheng Snow Town. Imax captures $23.5M in box office during 2022 Chinese New Year holiday 08:05 IMAX Imax captured $23.5M in box office during the 2022 Chinese New Year holiday. The Filmed for IMAX blockbuster "The Battle at Lake Changjin 2" - shot with IMAX certified digital cameras and presented in IMAX exclusive 1.90 IMAX Expanded Aspect Ratio for the entirety of the film - emerged victorious with $23.3M in IMAX box office, marking the third-best six-day performance for an IMAX Chinese New Year release. IMAX captured nearly 6% of the film's total gross for the holiday on only 1% of the screens.
TOP STOCKS----- Power Integrations, Inc. (POWI) 84.86+1.75(+2.11%) As of 09:33AM EST. Market open. Uber Technologies, Inc. (UBER)- I began making a core position @$33-$35 if this one blows up I will be f*ed NYSE - Nasdaq Real Time Price. Currency in USD 38.41+1.36(+3.67%) Utz Brands, Inc. (UTZ) 16.76+0.25(+1.51%) Zeta Global Holdings Corp. (ZETA) 10.42+0.54(+5.49%) As of 09:33AM EST. Aemetis, Inc. (AMTX) 9.50+0.32(+3.48%) As of 09:33AM EST. Verra Mobility Corporation (VRRM)- $1 off high?-WTF Wasn't this a SPAC? I remember when I was in REKR these guys came up fast and passed us. 16.05+0.07(+0.44%)!!! As of 09:33AM EST.
Shift4 Payments, Inc. (FOUR) 52.17+2.15(+4.30%) As of 09:52AM EST. Man last week I killed for you guys....