3.36K
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11-20 22:55
Nvidia Q3 Earnings Options Flow Roundup
$Nvidia (NVDA)$ is set to report Q3 earnings after the close on Wednesday. According to Bloomberg analyst estimates, Nvidia's Q3 revenue is expected to be $33.125 billion, adjusted net income of $18.493 billion, and adjusted EPS of $0.739.Whether it can rally big after earnings depends on if revenue can exceed $2 billion over expectations again, and if the Q4 revenue guidance can also surpass projections.Based on open interest data, large option traders seem positioned more bullishly, with $150 appearing as a key breakout level for these earnings.Impacted by the stock pullback, earnings flows have been relatively cautious. Here's a roundup of the major option trades over the past few days for reference.There may be some looking for that perfect th
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11-20 22:47
Singapore Loves Bubble Tea! How Many Cups Do You Drink Each Week?
Bubble tea is an irreplaceable "life-saver" in Singapore. Whether single, in love, heartbroken, working overtime, celebrating, or cooling off, milk tea is always there. It has become a lifestyle symbol and a social tool—bridging relationships with colleagues or sparking conversations with a simple phrase: "Let me buy you a bubble tea." On average, Singaporeans consume about 150 cups of bubble tea per year—almost a cup every 2-3 days! Missing out for a couple of days? That’s unbearable! Remember during the early pandemic days when Prime Minister Lee Hsien Loong announced a lockdown starting at 11:59 PM? The entire island rushed out—not to stockpile essentials, but to queue for their "last cup of bubble tea."Among Southeast Asian countries, Singapore leads with an average annual bubble tea s
TOPicycrystal: I have no preference, whichever brand is OK for me. there was a period where am "addicted" but fortunately, am able to "unaddict"... so now, I try to only have them once in a while... On average, Singaporeans consume about 150 cups of bubble tea per year—almost a cup every 2-3 days! @LMSunshine @Universe宇宙 @rL @GoodLife99 @HelenJanet @Shyon @Aqa @koolgal @TigerGPT @SPACE ROCKET With brands like KOI, LIHO, TWG, Holim, HEYTEA, Tiger Sugar, Luckin, and Mixue, the choice is endless. Which one is your favorite?
3.50K
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11-20 22:10
SMCI Rose +31% but Still In Danger !
The Comeback Kid ? $SUPER MICRO COMPUTER INC(SMCI)$ stock have staged a ‘remarkable recovery’ of sort since Fri, 15 Nov 2024. On Tue, 19 Nov 2024, it soared as the server maker’s plan to stay listed on the Nasdaq exchange appeared to soothe investors. In just over 2 days, it has re-gained $9.69 or +52.15% to $28.27 per share: (see below) By end Monday, it rose by +15.93% ($2.96). By end Tuesday, it rose by +31.24% ($6.73). SMCI bottomed last Thu, 14 Nov 2024 at $18.01 per share. By Fri, 15 Nov 2024, it added $0.57 to its Thursday closing price. When trading resumed this week, it climbed exponentially. According to Dow Jones Market Data, SMCI shares were on pace for their largest percentage increase since Feb. 22. Based on Tuesday performance, the
TOPHi, tks for reading my post. I make time to write & share. Pls "Re-post" so that more get to know. Tks! Rating is important (to me). Consider "Follow me" and get first hand read of my Daily new posts? Thanks!). Tks!!
2.84K
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11-20 22:00
Can NIO surge to $10 ? How soon ?
Total Eclipse. It has been a while since I last posted on NIO. This Chinese EV maker is due to release its earnings report card today before US market trading begins, I thought I share a post on them. If not, NIO’s spotlight will be ‘stolen’ and eclipsed by $NVIDIA Corp(NVDA)$ quarterly earnings that have already been hogging the limelight for the past few days and into Wednesday evening (US time). Stock Take. For October 2024, Chinese luxury electric vehicle maker $NIO Inc.(NIO)$ stock reported deliveries of 20,976 vehicles; that is roughly flat versus September. Comparatively speaking, Nio’s deliveries has been up +30% YoY. Deliveries for the first 10 months of 2024 came in at 170,257 vehicles. This is u
TOPHi, tks for reading my post. I make time to write & share. Pls "Re-post" so that more get to know. Tks! Rating is important (to me). Consider "Follow me" and get first hand read of my Daily new posts? Thanks!). Tks!!
2.25K
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11-20 18:50
$MicroStrategy(MSTR)$
TOPNever in my life HODL 🚀🚀🚀🚀🚀🔥🔥🔥🔥🔥
1.33K
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11-20 19:16
$iShares Bitcoin Trust(IBIT)$ $CME Bitcoin - main 2411(BTCmain)$ 🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 $IBIT ~ More than 350,000 contracts changed hands after Nasdaq Inc. listed them on Tuesday, and about 80% were bullish bets, data compiled by Bloomberg. +$1.8b was traded in notional exposure. A few hundred million so far in options volume on $IBIT (a ton for Day One).. here's a rank of the contracts by volume, it's almost all calls. Seems very bullish, esp the Dec20th C100, which is basically betting price of btc will double in the next month. Happy trading ahead, cheers BC 🍀🍀🍀 @Tiger_comments @TigerStars
TOPI have found some news articles related to iShares Bitcoin Trust (IBIT) and CME Bitcoin. Here are the details: Title: Proshares Bitcoin Strategy ETF up 0.9%, Ishares Bitcoin Trust up 0.8%Summary: This article briefly mentions the performance of Proshares Bitcoin Strategy ETF and iShares Bitcoin Trust. (Read more) Title: How I’m Positioning Bitcoin in Response to the Launch of IBIT Options TradingSummary: This article discusses the launch of options trading on iShares Bitcoin Trust (IBIT) and its implications for Bitcoin liquidity. The author explores the opportunities and strategies for managing risk and enhancing returns in Bitcoin-focused portfolios. (Read more) Title: IBIT First Day Options Trading Volume 354K, Seeing 82% Call As Bitcoin Hits All-Time High of $94,000Summary: This article highlights the first day of options trading on iShares Bitcoin Trust (IBIT), with a trading volume of 354,000 contracts and 82% of them being call options. It also mentions that Bitcoin reached an all-time high of $94,000. (Read more) Title: iShares Bitcoin Trust ETF's Net Income Soars to $1.8 Billion in First 9 Months on Rising Bitcoin PriceSummary: This article reports that the net assets of iShares Bitcoin Trust (IBIT) increased from $100,000 to $23,330,686,624 in the first 9 months of the year, primarily driven by new share issuances and the rise in Bitcoin price. (Read more) Please note that these articles are for informational purposes only and do not constitute investment advice. It's always recommended to conduct thorough research and analysis before making any investment decisions. If you have any more questions or if there's anything else I can assist you with, please let me know!
1.20K
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11-20 19:21
$Magnite, Inc.(MGNI)$ 🔺🅱️🆄🅻🅻🅸🆂🅷📈 📈💡📈 MGNI: Magnite’s Mighty Momentum ~ 🎯 $28! 💡📈💡 Kia ora Tiger traders! My Take: Bullish at today’s open~Magnite Inc. (NASDAQ: MGNI) is climbing the charts with explosive momentum, targeting $28 in the near term. With strong earnings, bullish analyst support, and a technical breakout, this stock is primed for a stellar run. Key Financial Highlights (20Nov24, 🇳🇿NZ Time): • Pre-Market Price: $16.79 (+3.26%) • Q3 Revenue: $149.43M, exceeding expectations. • EPS: Beat Q3 estimates with $0.39 vs $0.38 projected. • Market Capitalisation: $2.29 billion. Today’s Technical Outlook: &nbs
TOPHere is a comprehensive analysis of Magnite, Inc. (MGNI): Business Overview: Magnite, Inc. is the world's largest independent sell-side advertising platform, specializing in programmatic advertising across various channels, including CTV and OTT. The company has a strong balance sheet and consistent earnings growth. Earnings Forecast: The forecasted earnings for Magnite are as follows: 2024FY: Forecast EPS of $0.76, forecast gross income of $611.05 million, and forecasting EBIT of $55.69 million. 2025FY: Forecast EPS of $0.92, forecast gross income of $674.68 million, and forecasting EBIT of $83.34 million. 2026FY: Forecast EPS of $1.21, forecast gross income of $760.25 million, and forecasting EBIT of $119.46 million. Analyst Recommendation: Out of 13 analysts, 2 recommend, 10 buy, and 1 hold the stock. Analyst Target Price: The mean target price estimated by analysts is $17.58, with a low target of $13.00 and a high target of $21.00. Capital Flow Data (5-Day): There has been a mix of inflows and outflows observed in the past five days, with the latest data as follows: 11-12: Inflow of 1796.2 thousand units. 11-13: Inflow of 12063.55 thousand units. 11-14: Inflow of 4346.97 thousand units. 11-15: Outflow of 1217.47 thousand units. 11-18: Outflow of 957.91 thousand units. Profiteer Ratio: As of November 19, 2024, the profiteer ratio stands at 0.9579. Support and Resistance Price: The support price as of November 19, 2024, is $13.14, and the resistance price is $16.28. Stock Price: As of November 20, 2024, the stock price is $16.26. Please note that the above analysis is not investment advice. The stock market involves inherent risks, and stock prices can fluctuate. It is recommended that investors conduct independent analysis and consider their own risk tolerance before making any investment decisions.
753
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11-20 19:40
$Netflix(NFLX)$ 📈🔺🅱🆄🅻🅻🅸🆂🅷🔺📈 $NFLX: Pivotal Research Raises target price to $1,100 from $925 (Street-high) 🎯🎯🎯 Guess they weren't unhappy with the poor coverage 🤔 This is a huge revision! Fox 📰: Netflix is facing a lawsuit after widespread complaints about buffering and glitches during the Jake Paul-Mike Tyson fight Friday night. The lawsuit was filed in Florida by Ronald "Blue" Denton and accuses Netflix of "breach of contract" for constant glitches during the event, per TMZ. Netflix acknowledged the poor streaming quality of the highly anticipated event in a statement released Monday. "This unprecedented scale created many technical challenges, which the launch team tackled brilliantly by prioritizing stability of the stream for the majority of v
TOPBased on the available news and information, here is the key movement reason for Netflix (NFLX) on 2024-11-20: Netflix's stock hit an all-time high on optimism about its potential to benefit from live events, particularly after the boxing match between Mike Tyson and Jake Paul. The event drew up to 65 million concurrent streams globally, with an average minute audience of 108 million people. Analysts raised their price targets for Netflix following the event, citing the company's potential to attract more subscribers through live events. Netflix's upcoming livestream of NFL games on Christmas is also seen as a catalyst for subscriber growth. Analysts believe these games could further boost the streamer's subscriber base. Netflix's stock has been performing strongly in 2024, with shares climbing nearly 80% year-to-date. Please note that stock movements can also be influenced by factors such as market sentiment, overall market conditions, and investor expectations. It's essential to conduct thorough research and exercise caution before making any investment decisions. Risk Disclaimer:The information provided is for reference purposes only and does not constitute investment advice. Always conduct your own research and consider your risk tolerance before making any investment decisions. Investing in stocks involves risks, including the potential loss of principal.
595
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11-20 20:13
$Douglas Elliman Inc.(DOUG)$ 🏠📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈🏡 📈🏠📈 $DOUG: From Supercycle Decline to Real Estate Revival – Target $4+ 🏠📈🏡 Kia ora Tiger traders! My Take: Bullish at today’s open~Douglas Elliman (NYSE: DOUG) is stepping out of its supercycle decline and into recovery mode, targeting $4+ in the medium term. The famed New York 🍎 realtor is undervalued and ripe for a turnaround rally. Key Financial Highlights (21Nov24, 🇳🇿NZ Time): • Pre-Market Price: $2.27 (+15.23%). • Price-to-Sales (P/S) Ratio: 0.2x, far below industry averages of 2.4x+. • Revenue Growth Forecast: Expected 23% YoY growth, outpacing the industry average of 17%. • Market Capitalisation: $208.5M, with a low-risk profile for recovery investors. Today’s Technical Outlook: • Current Pr
TOPDouglas Elliman Inc. (DOUG) - Stock Analysis Company Overview:Douglas Elliman Inc. is a leading name in the real estate industry. While it has experienced a decline in revenue growth in recent years, forecasts suggest a strong rebound. The company is currently undervalued and offers significant value for traders and long-term investors. Latest Earnings and Forecast: 2024 Q3 Earnings: EPS: -0.33, ROE: -58.68%, Gross Profit Margin: 100.00%, Quick Ratio: 2.16, Current Ratio: 2.29, Total Asset Turnover: 2.20, Return on Investment: -5.71%, Net Assets per Share: 1.89, Net Profit Margin: -10.21%. Forecasted Earnings for 2024FY: EPS: -0.55(USD), Forecast Gross Income: 975.96M(USD), Forecast EBIT: -62.90M(USD). Forecasted Earnings for 2025FY: Forecast EPS: 0.09(USD), Forecast Gross Income: 1.26B(USD), Forecast EBIT: 8.15M(USD). Recent Capital Flow Data:The 5-day capital flow data for DOUG shows fluctuations in inflow and outflow amounts. The most recent data indicates a total inflow of 248.28K and a total outflow of 202.17K. The inflow and outflow amounts vary across different categories. Support and Resistance Levels:As of November 19, 2024, the support price for DOUG is $2.04(USD), while the resistance price is $2.27(USD). Analyst Target Price and Recommendation:According to analysts, the mean, low, and high target price estimates for DOUG are all $2.6(USD). There is currently only one analyst recommendation available, suggesting a "Strong Buy" for the stock. Stock Price and Momentum:As of November 20, 2024, the stock price of DOUG is $2.27(USD). DOUG has recently shown signs of breaking free from a prolonged downtrend and forming a bullish cup-and-handle chart pattern. This indicates a strong upward momentum and potential for a turnaround. Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. The stock market is subject to inherent risks and normal fluctuations in stock prices. It is important to conduct thorough research and analysis before making any investment decisions. Please note that the information provided may not be comprehensive. For a more detailed analysis, it is recommended to consult with a professional financial advisor.
402
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11-20 20:26
$Joby Aviation, Inc.(JOBY)$🅱️🆄🅻🅻🅸🆂🅷 🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀 📈🚁📈 JOBY: Soaring Into a January Effect Rally ~ 🎯 $10+ 🚁🚀🚁🚀 Kia ora Tiger traders! My Take: Joby Aviation (NYSE: JOBY) is positioning itself for a January Effect breakout, with clear momentum for a medium-term target of $10+. This eVTOL innovator is catching altitude after turbulent times. Key Financial Highlights (21Nov24, 🇳🇿NZ Time): • Pre-Market Price: $6.33 (+12.83%). • Market Cap: $5B, leading the eVTOL space. • 52-Week Range: $4.50 - $7.69. • Toyota Partnership: Recently secured a $500M investment following successful test flights in Japan. Technical Outlook: • Current Price: $6.33. • Resistance Levels: $7 (short-term), $10 (medium-term breakout target). • Chart Pattern: Bullish ascen
TOPJoby Aviation, Inc. (JOBY) Stock Analysis Introduction:Joby Aviation is a pioneer in the eVTOL (electric vertical takeoff and landing) market, aiming to transform urban mobility. The company has faced SPAC-related challenges but has secured partnerships with major players like Toyota and is making progress in FAA certifications. Joby Aviation is considered a top contender in the electric air taxi revolution. Business and Industry Outlook:Joby Aviation operates in the eVTOL sector, which is gaining significant attention and investment due to its potential to revolutionize urban transportation. With increasing interest in sustainable and efficient modes of transportation, the eVTOL market is expected to grow in the coming years. Joby Aviation's focus on partnerships and certifications positions it well for future growth in this industry. Latest Earnings and Forecast: 2024 Q3 Earnings: Joby Aviation reported an EPS of -0.21. Other financial indicators include a negative return on equity and a gross profit margin of 46.43%. Earnings Forecast: For the fiscal year 2024, the forecasted EPS is -0.73 (USD), gross income is $142.60K (USD), and forecasted EBIT is -597.12M (USD). The forecasted financials for subsequent years can be found in the supplemental information. Recent Trends: Resistance Price: As of November 19, 2024, the resistance price for JOBY stock was $6.33 (USD). Support Price: As of November 19, 2024, the support price for JOBY stock was $5.20 (USD). Capital Flow Data: Over the last five days, there has been a net outflow of capital from JOBY stock. The daily details of capital flow can be found in the supplemental information. Analyst Viewpoints and Target Price:Analysts have provided the following recommendations for JOBY stock: 5 buy, 3 hold, 1 underperform. The mean target estimate is $7.47 (USD), with a low estimate of $3.0 (USD) and a high estimate of $10.0 (USD). Bullish and Bearish News:Currently, no specific bullish or bearish news has been identified for Joby Aviation. It is essential to stay updated with the latest news as it can significantly impact the stock's price and future growth. Risk Factors to Monitor: Regulatory Hurdles: Delays in FAA certifications could impact Joby Aviation's commercialization timeline. High Beta Stock: JOBY stock is inherently volatile, as is the case with many growth-oriented companies. Disclaimer:Please note that the above analysis and suggestions cannot be considered as investment advice. The stock market is subject to inherent risks, and stock prices experience normal fluctuations. It is essential to conduct independent research and analysis before making any investment decisions. Date of analysis: 2024-11-20
830
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11-20 20:54
$Target(TGT)$ 🔺🅱️🆄🅻🅻🅸🆂🅷 Longer term ~ love this❣️ Kia ora Tiger traders! 🎯🎄 Targeting a Bullseye or Holiday Hustle?🎄🎯 Let’s talk Target Corporation ($TGT) – a beloved retail giant that’s been through some wild market terrain lately! Post-earnings drama? Oh yes! Misses across the board, yet this titan still holds long-term promise. Buckle up, Tigers; here’s the scoop! Citi downgrades Target to Neutral from Buy - PT $130 (from $188) Target's Q3 results were notably weak, suggesting market share loss to Walmart, especially among higher-income shoppers, according to Citi. This might push Target to increase promotions to boost sales, making FY25 outlook uncertain. Despite the stock price dropping 19% to $126.90 in premarket, Citi sees a more balan
TOPTarget Corporation (TGT) Stock Analysis Business Overview: Target Corporation is a retail giant in the United States, operating in the general merchandise and food sectors. Despite recent challenges, Target has long-term promise with its strong market presence and resilient performance. Earnings and Forecast: Target Corporation's Q3 results were weaker than expected, with adjusted earnings per share (EPS) of $1.85 (vs. Est. $2.30) and revenue of $25.23 billion (vs. Est. $25.74 billion). However, the company showed a 0.9% year-over-year revenue growth. The guidance for FY24 adjusted EPS was revised to $8.30-$8.90 (prior $9.00-$9.70), and Q4 comparable sales are expected to be flat during the crucial holiday season. Looking ahead, Target's earnings forecast shows positive growth, with estimated EPS of $9.55 in FY25, $10.50 in FY26, and $11.51 in FY27. Stock Price Analysis: The current stock price for Target Corporation is $156.0 (USD). The support price is $155.57, resistance price is $159.07, and the average cost is $158.51. Technical patterns suggest a potential bounce back to $210 in the long term, with support at $152 and resistance at $165. Analyst Recommendations: According to 39 analysts, 21% recommend buying Target stock, 36% recommend holding, and 3% recommend selling. The average target price is $176, indicating an upside potential of +12.62%. Capital Flow Data: Over the past 5 days, there has been a net outflow of capital from Target stock, with a total outflow of $14.12 million. Dividends: Target Corporation is set to trade ex-dividend on 20Nov24, with a payout of $1.12 per share. The annual dividend is $4.48 per share, offering a trailing yield of 2.9% at the current price level. News Impact: Recent news and events, such as Target's Q3 earnings miss and market share loss to Walmart, have influenced the stock price. However, positive factors include a strong growth in digital sales (+10.8% YoY), customer traffic increase (+2.4% led by Target Circle 360™ perks), and growth in beauty sales (+6%). Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. Investing in the stock market carries inherent risks, and stock prices can fluctuate. Investors should conduct their own research and analysis before making investment decisions.
16.82K
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11-20 20:34
💰MSTR, MSTU Hit ATHs, Do You Know the 3-digital in Return of MSTY?
The price of $Bitcoin(BTC.USD.CC)$ has already surpassed $92,000, with the $100,000 milestone truly within reach!According to data from CryptoQuant, smaller transactions under $100K have reached their highest level in three years.ARK Invest CEO Cathie Wood, who initially invested in Bitcoin when it was $250 in 2015, remains bullish even at current levels. She foresees Bitcoin’s price reaching $650,000 by 2030.Quinn Thompson, founder of crypto hedge fund Lekker Capital, shares this optimistic view.He predicts that Bitcoin will reach the $100,000 milestone soon, potentially by the end of this month. “The market is realising just how big of a regime shift is underway. The US government and regulatory bodies, the strongest entities in the world,
TOPQuestion For Tigers What Blockchain Assets do you currently hold? What's your target for your Holdings? Have you heard about Yield Max ETF? Will you participate in related ETFs?
610
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11-20 19:00
Hot stocks covered call reference [November 20]
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
204
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11-20 20:21
Kuaishou Margin beats, higher user base creates more opportunity?
$KUAISHOU-W(01024)$ announced its Q3 2024 results, which in total reflected Fastwitch's strong performance in user growth, advertising revenue and e-commerce business, with revenue up 11.4% year-on-year to CNY31.1 billion and adjusted net profit up 24.4% year-on-year to CNY3.9 billion, which exceeded the market's expectations.Financial Data and Market ExpectationsAccording to the earnings report released by Racer, the key financial data for the third quarter of 2024 are as follows:Total revenue: 31.1 billion yuan, up 11.4% year-over-yearAdjusted net profit: 3.9 billion yuan, up 24.4% year-on-yearTotal e-commerce turnover (GMV): 334.2 billion yuanThe market generally expected Racer's revenue growth to be around 10% and net profit growth to be arou
851
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11-20 20:13
All Time High: Who Will Drive the Year-End Rally?
Following Nvidia's strong rebound yesterday, the Nasdaq surged higher. Check out the stocks that hit new highs this week!1. $MicroStrategy(MSTR)$ soared more than 11% to touch a new all-time high of $449 The company announced buying more bitcoin as bitcoin hit an all time high of near $94000 yesterday.MicroStrategy began accumulating Bitcoin since 2020. Last week, the company invested $4.6 billion to acquire nearly 80,000 more BTC, bringing its total holdings to 331,200 BTC. The performance of MSTR has been closely linked to Bitcoin.Since August 2020, MSTR stock has surged 3,000%, while BTC prices have gained “just” 660%.Despite a 580% increase in MSTR's stock price this year, many investors avoid it due to its poor fundamentals and higher volatil
TOPWhich stock is in your holdings? $MicroStrategy(MSTR)$ ? $Vistra Energy Corp.(VST)$ $Interactive Brokers(IBKR)$ ? $Netflix(NFLX)$ and $Wal-Mart(WMT)$
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11-20 18:39
Singapore Banks: The Hidden 30% Gain You Missed in 2024 💰 | 🦖 #TheInvestingIguana EP604
🟩 🏦 Singapore Banks have delivered a stunning 30% gain in 2024, and there's more potential ahead! Join financial expert Iggy as we explore the remarkable growth story of Singapore's banking sector and what it means for investors. In this comprehensive analysis, we unpack why major investment banks are bullish on Singapore's market, with the Straits Times Index showing an impressive 15.37% jump since January. Learn why DBS, OCBC, and UOB are leading the charge in Singapore's financial renaissance, backed by strong economic fundamentals including 4.1% GDP growth and low 1.8% unemployment rate. Discover why Morgan Stanley upgraded Singapore Exchange to overweight and what this means for your investment strategy. We break down the upcoming regulatory changes, market reforms, and why Singapore'
441
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11-20 18:59
$Magnite, Inc.(MGNI)$ 🔺🅱️🆄🅻🅻🅸🆂🅷📈 📈💡📈 MGNI: Magnite’s Mighty Momentum – Target $28! 💡📈💡 Kia ora Tiger traders! My Take: Bullish at today’s open—Magnite Inc. (NASDAQ: MGNI) is climbing the charts with explosive momentum, targeting $28 in the near term. With strong earnings, bullish analyst support, and a technical breakout, this stock is primed for a stellar run. Key Financial Highlights (20Nov24, 🇳🇿NZ Time): • Pre-Market Price: $16.79 (+3.26%) • Q3 Revenue: $149.43M, exceeding expectations. • EPS: Beat Q3 estimates with $0.39 vs $0.38 projected. • Market Capitalisation: $2.29 billion. Today’s Technical Outlook: • Current Price: $16.79 • Resistance Levels: $21 (short-term), $28 (next major target). • Breakout Setup: Forming a bullish cup-and-handle
TOPMagnite, Inc. (MGNI) - Stock Analysis Business Overview Magnite, Inc. is the world's largest independent sell-side advertising platform, specializing in programmatic advertising across various channels, including CTV and OTT. The company has a robust balance sheet and consistently delivers strong earnings growth, making it a favorable choice for analysts and hedge funds. Magnite's expansion into high-growth markets and strategic partnerships positions it as a standout player in the ad-tech industry. Latest Earnings Q3 Revenue: $149.43 million, surpassing expectations. Q3 EPS: $0.39, exceeding the estimated $0.38. Gross profit margin: 61.39% Net profit margin: 3.22% Return on investment: 2.82% Current ratio: 1.11 Quick ratio: 1.10 Total liabilities to total assets ratio: 46.01% Earnings Forecast 2024FY: Estimated EPS of $0.76, gross income of $611.05 million, and EBIT of $55.69 million. 2025FY: Forecasted EPS of $0.92, gross income of $674.68 million, and EBIT of $83.34 million. 2026FY: Projected EPS of $1.21, gross income of $760.25 million, and EBIT of $119.46 million. Analyst Recommendations and Target Price Analyst recommendation: 2 recommend, 10 buy, 1 hold. Consensus target price: Analysts forecast a mean target price of $17.46, with a low estimate of $13.0 and a high estimate of $21.0. Capital Flow Data 5 Day Capital Flow: 11/12: Inflow of 1796.2 thousand units (K). 11/13: Inflow of 12063.55 thousand units (K). 11/14: Inflow of 4346.97 thousand units (K). 11/15: Outflow of 1217.47 thousand units (K). 11/18: Outflow of 957.91 thousand units (K). 1 Day Capital Flow: Total inflow: $9.9036 million Total outflow: $8.4485 million Big Inflow: $4.17 million Median Inflow: $531.67 thousand Small Inflow: $5.20 million Big Outflow: $1.85 million Median Outflow: $521.56 thousand Small Outflow: $6.08 million Current Stock Price and Support/Resistance levels Current stock price (as of 2024-11-20): $16.26 Support levels: $13.14 (2024-11-19) Resistance levels: $16.28 (2024-11-19) Average Cost: $13.4 (2024-11-19) Profiteer Ratio (as of 2024-11-19): 0.9579 Chart InsightMGNI's chart indicates a bullish cup-and-handle breakout pattern. The recent surge in volume further supports this bullish setup, and the path towards the next major target of $28 looks increasingly clear. ConclusionBased on the analysis, MGNI has strong financials, positive earnings growth forecasts, and widespread analyst support. The stock has shown a breakout pattern and favorable technical indicators. However, investing in the stock market involves inherent risks, and market prices can fluctuate. It is important for investors to conduct their own independent analysis and exercise caution when making investment decisions. (Note: The information provided here is for informational purposes only and should not be considered as investment advice. It is always recommended to do thorough research and consult with a financial advisor before making investment decisions.) Sources: Company Profile, Earnings Data, Stock Analysis
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11-19 23:26
$Lithium Americas Corp.(LAC)$ Sometimes you just need to take profit and go. Buy the dip later. Green on a red day is not bad already + News! Don't greedy! [Miser] $Enphase Energy(ENPH)$ $Capri Holdings Ltd(CPRI)$ $Dell Technologies Inc.(DELL)$ $fuboTV Inc.(FUBO)$
TOPCongrats! Just curious, do u have any CN stocks?
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11-20 17:26
$NVIDIA Corp(NVDA)$ The real show will be after 4.00 pm EST. Presently it is pure speculation plays. And the larger market Americans are stil asleep. Further I feel the attention will be more about the forecast and update on the Blackwell chip deliveries. The financial report for the quarter is more or less a given already. Nvidia should likely meet targets given the spendings already announced by the mega-techs.
TOPAgree. I don’t have any shares tho, haha
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