GBA's "2021 Stock Phantasma"

Discussion in 'Stocks' started by stonedinvestor, Jan 1, 2021.

  1. Evofem price target lowered to $4 from $7 at H.C. Wainwright 06/07 EVFM H.C. Wainwright analyst Raghuram Selvaraju lowered the firm's price target on Evofem to $4 from $7 and keeps a Buy rating on the shares citing dilution from the equity financing. <------

    What a lark! Raghuram- You diluted it!!!!!!!

    Look at the underwriter--> Evofem 50M share Spot Secondary priced at $1.00 05/18 EVFM The deal priced below the last closing price of $1.28. H.C. Wainwright is acting as sole book running manager for the offering.:confused:

    Don't think I've seen that before!
    Ok I'll take $4 That's a 400% return. And I think it will happen quite quickly.

    LET'S GET FOAMY!!!!
     
    #7061     Jul 25, 2021
    Centuria100 likes this.
  2. Buy This Stock. It’s a Bet on Clean Water.

    BARRON'S NEWSLETTERS
    The Barron's Daily

    [​IMG]
    An Evoqua Water Technologies clarifier, a large mechanical device for separating solids from water
    Courtesy Evoqua Water Technologies


    Water is an economic paradox. Everyone needs it, but it’s often cheap because it’s usually, though not always, plentiful; it just falls from the sky. Good water stocks, however, aren’t plentiful—which makesEvoqua Water Technologies,a water-treatment company, a good stock to tap into.

    When it comes to water, $3.9 billion market-cap Evoqua (ticker: AQUA) serves more than 38,000 customers with over 200,000 installations in industries including electronics, manufacturing, chemicals, utilities, refining, even theme parks. Someone has to treat all of the water on waterslides.

    The business hasn’t always been easy for Evoqua. The company began as Siemens’ (SIE.Germany) water technology unit before being bought by private equity and sold to public investors in late 2017. The stock got off to a rocky start. Management struggled to meet its guidance, which caused the stock to fall from $18 at its initial public offering to under $8 a year later. The stock has gained roughly 300% from the bottom to $32.80 since then, with the same management team and nearly identical strategy. What has changed is that investors have grown more comfortable with it and its order patterns. And with demand for water treatment growing, stock gains should continue.

    Finding a way to play water wouldn’t seem difficult. As with everything, there are exchange-traded funds on the theme. For instance, the Invesco Global Water ETF (PIO) shows what makes Evoqua unique. The ETF holds companies that make water heaters, such as A.O. Smith(AOS); distribute plumbing supplies, like Ferguson(FERG.UK); and act as water utilities, such as American Water Works(AWK). There’s healthcare-industrial giant Danaher(DHR), which has a filtration business, while Roper Technologies(ROP) gets some of its sales from water metering. Evoqua, however, is one of the few publicly traded companies that is all about water and plays an essential role in nearly the entire water chain.

    The demand for water grows about 1% a year globally. That doesn’t sound like much, but each year more people and the same amount of water stirs scarcity fears. What’s more, the United Nations estimates that 44% of residential wastewater isn’t safely treated. All told, the global market for water services is $85 billion. Evoqua puts its addressable market at about $16 billion. And with sales of $1.5 billion forecast for 2022, there’s plenty of upside.

    Evoqua Water Technologies
    Water treatment products and services
    Key data
    Headquarters Pittsburgh, PA
    Recent Price $32.46
    YTD Change 20%
    2022E Sales (mil) $1,546
    2022E Net Income (mil) $110
    2022E EPS $0.91
    2022E P/E 35.7
    Market Value (bil) $3.9



    There’s also a good chance that the Biden administration will designate PFAS, a chemical made a generation ago that has leaked into groundwater, as a hazardous substance. If that occurs, the Environmental Protection Agency could require producers to clean it up, at a cost of tens of billions of dollars, says Gordon Haskett analyst John Inch. Evoqua is one of the few companies with multiple solutions for removing PFAS from water.<----!!!

    It’s also probably the only water company with a national footprint that can do it. The water-treatment business is fragmented, and Evoqua faces little competition from large, publicly traded companies. That gives Evoqua the ability to add earnings through bolt-on mergers and acquisitions. The company has made nine buys since going public in late 2017. The most recent: the April 2021 purchase of Water Consulting Specialists, a designer of treatment systems, for an undisclosed sum.

    Evoqua is more than a blind bet on water investing. Along with M&A, there are positives that should drive above-average earnings growth, including what RBC analyst Deane Dray calls a “highly differentiated outsourcing model.” Evoqua’s pay-by-the-gallon approach has made it the go-to treatment company for many industries. “Evoqua is building a highly profitable portfolio of outsource customers under five-year contracts with 95%-plus renewal rates that it can monitor digitally and optimize the servicing schedules,” Dray says.

    As a small-cap, Evoqua’s earnings can be volatile, as its history shows. The company has missed quarterly earnings estimates nearly half of the time since it went public. Still, Evoqua is set to grow earnings at a 17% clip, compared with the 10% average annual per share earnings growth of the S&P 500index over the past five years, while sales are expected to hit $1.7 billion in three years, up 20% from $1.4 billion in 2020.

    Growth like that comes at a price. Evoqua trades for 36 times estimated 2022 earnings of 91 cents a share, far higher than the S&P 500’s 21 times. Any solid growth stock trades at a premium, however, which is particularly true for one like Evoqua with growing market share in environmental, social, and governance–focused businesses.

    Dray, for his part, has a Buy rating on Evoqua shares and a price target of $38, up more than 15% from Friday’s close. Even if the stock hit $38, Evoqua would remain a core holding for growth-oriented investors for years. “Scarcity value is a reality in the water technology sector,” says Dray. “There are simply few publicly traded companies in this space and a seemingly unquenchable investor demand.”

    PUT Evoqua on the List for a Pullback buy!
     
    #7062     Jul 25, 2021
  3. Clene Inc. (CLNN)- honestly I'd be surprised if this ever went lower than this....
    NasdaqCM - NasdaqCM Real Time Price. Currency in USD
    $7.85-1.33 (-14.49%)<----------
    At close: July 23 4:00PM
     
    #7063     Jul 25, 2021
  4. I don't particularly like Reddit but i don't know what it is either. It seems an Indian company used to be called Reddit that I owned years and years ago... In the AOL days!!

    BUt WHEN ONE OF MY STOCKS MAKES IT TO THEIR HOT LIST! OF COURSE I TAKE A BETTER TONE... GO GOED!!!


    • Vinco Ventures(NASDAQ:BBIG)

    • Cinedigm(NASDAQ:CIDM)

    • 1847 Goedeker(NYSEAMERICAN:GOED)<----- !!!!!!!!!!!!

    • Globalstar(NYSEAMERICAN:GSAT)

    • Meta Materials(NASDAQ:MMAT)

    • Red Cat(NASDAQ:RCAT)

    • Support.com(NASDAQ:SPRT)
     
    #7064     Jul 25, 2021
  5. Puerto Rico _?

    Description

    Red Cat Holdings, Inc., together with its subsidiaries, provides products, services, and solutions to the drone industry. It also designs, develops, markets, and sells drones and related components through its e-commerce platform, www.rotorriot.com. In addition, the company develops software solutions to provide secure cloud-based analytics, storage, and services; and offers Dronebox, a block chain technology that records, stores, and analyzes flight data and information from a drone. Red Cat Holdings, Inc. was founded in 2016 and is headquartered in Humacao, Puerto Rico.
     
    #7065     Jul 25, 2021
  6. Best Growth Stocks Under $10
    10. Support.com, Inc. (NASDAQ: SPRT)
    Number of Hedge Fund Holders: 4

    Price as of July 21, 2021: $6.65 per share

    Support.com, Inc. (NASDAQ: SPRT) is ranked tenth on our list of 10 best growth stocks under $10. The company’s shares have returned 222% to investors over the past twelve months. The firm is based in Delaware and operates support to home-based employees in the United States. It has a market cap of over $96 million and posted more than $43 million in annual revenue last year. In earnings results for the first quarter, posted on May 13, the firm reported a revenue of $9.6 million, down 19% year-on-year.

    On March 22, the share price of Support.com, Inc. (NASDAQ: SPRT) surged more than 270% after the company merged with Greenidge Generation Holdings to help the latter go public. Greenidge Generation Holdings is a crypto mining firm.

    Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Renaissance Technologies is a leading shareholder in Support.com, Inc. (NASDAQ: SPRT) with 831,549 shares worth more than $3.8 million.

    Hummmm High Vol Fri break out!<----

    Support.com, Inc. (SPRT)-$6.18
    NasdaqCM - NasdaqCM Real Time Price. Currency in USD
    Add to watchlist
    Visitors trend2W10W9M
    6.18+0.70 (+12.77%)<------- Vol 8 mil vs. 2 mil average)
    At close: July 23 4:00PM

    Description

    Support.com, Inc. provides customer and technical support solutions through home-based employees primarily in the United States. The company offers outsourced customer support and cloud-based technology platforms to clients in verticals, such as media and communication, healthcare, retail, and technology with omnichannel programs that include voice, chat, and self-service; technical support programs to enterprise clients; and subscription-based tech support service direct-to-consumers and small businesses that helps users solve a range of technology problems with computers, smartphones, and other connected devices, including device setup, troubleshooting, connectivity or interoperability problems, and malware and virus removal, as well as wireless network set-up, and automation system onboarding and support services. It also provides SUPERAntiSpyware software, a malware protection and removal software product; Guided Paths, which contains step-by-step self-support guides, with decision points to help customers resolve problems; and service delivery management tools for technology support services, includes Support.com cloud-based software capabilities and other contact center applications, such as customer relationship management, ticketing, ordering, methods of payment, and telephony, which are integrated into applications for its contact center specialists. The company provides its services through partners, as well as its website at www.support.com. Support.com, Inc. was incorporated in 1997 and is headquartered in Wilmington, Delaware.
     
    #7066     Jul 25, 2021
  7. ironSource initiated with a Buy at Needham 08:29 IS Needham analyst Bernie McTernan initiated coverage of ironSource with a Buy rating and $12 price target. The analyst cites the company's position as the leading game tech operator powering the fast-growing, mobile gaming advertising industry with aspirations of going beyond gaming over time. McTernan further cites third-party rankings, financial results and checks with partners in his view of ironSource offering a "strong" suite of products to execute against this total addressable market.

    IS- $8.81
     
    #7067     Jul 26, 2021
  8. H2O Innovation wins six new projects, commission six others 08:25 HEOFF, CLX H2O Innovation (HEOFF)…

    $1.82

    Verb Technology to introduce AI capability to lineup of sales tools 08:13 VERB Verb Technology Company announced that it is introducing AI capabilities to its sales enablement platform. The new feature set called "Pulse" is the first iteration of VERB's artificial intelligence initiatives designed to make it easy for anyone to sell, giving pros and newbies alike a real competitive advantage. The new feature will be available in August 2021. Designed by sales people for sales people, Pulse helps automate management of their customer relationships and interactions. Based on prior activities and behavior, Pulse guides users through behavior-driven prompts, reminders, and suggested actions for specific customers. Pulse also provides a variety of activity-based reports that offer insights on first-time orders, upcoming or cancelled shipments, and active or inactive customers. Pulse suggests tasks that will deliver the most timely customer interactions, such as following up now, setting reminders for later, or quickly connecting with inactive customers on new products or samples to get them re-engaged. Users can leverage the interactive video-based communication tools in verbCRM and verbTEAMS for personalized messages to customers or utilize pre-written messages with suggested content based on the recommended action. Additionally, Pulse offers a dashboard view of sales team members that provides insights for sales team management.

    VERB-$2.48
     
    #7068     Jul 26, 2021
  9. Tyme Technologies granted U.S. patent for tyrosine-based drug delivery 08:13 TYME

    -$1.08

    Elys Game Technology initiated with a Buy at Maxim 08:00 ELYS

    -$3.96

    Torrid initiated with a Buy at Jefferies 07:46 CURV Jefferies analyst Janine Stichter initiated coverage of Torrid with a Buy rating and $30 price target. Torrid appears well-placed to benefit from outsized growth and share gains as the leader in the plus-size apparel market n in North America with strong digital capabilities, Stichter tells investors. The U.S. plus-size market is growing 3%-5% annually, which is twice the overall womens' apparel market, Stichter noted.

    -$22.46

    Kratos Defense upgraded to Buy ahead of Q2 results at B. Riley 07:38 KTOS B. Riley analyst Mike Crawford upgraded Kratos Defense & Security Solutions to Buy from Neutral with a price target of $32, up from $28, ahead of the company's Q2 results on August 3. The "right combination" of recent awards, "corralled" consensus estimates, and expected new program wins position Kratos to unlock additional shareholder value in the remainder of 2021, Crawford tells investors in a research note. While range scheduling complications and other Covid-related logistics issues have delayed ramp of some tactical unmanned aircraft programs, Kratos, if anything, has extended its lead in the space and demand remains high for its low-cost, high-performance aircraft, says the analyst.

    -$26.84
     
    #7069     Jul 26, 2021
  10. vanzandt

    vanzandt

    I wanted to volunteer for the Phase III trials, Yulia was not amused.


    They can ALWAYS go lower.
     
    #7070     Jul 26, 2021