$Novavax(NVAX)$ bearish Investors have been rapidly selling popular meme Pharma play Novavax (NASDAQ: NVAX), due to delays in its Covid-19 vaccine launch. The company’s financial concerns were evident as it reported a Q4 2022 net loss of $182 million. Management’s uncertainty about 2023 revenue, linked to U.S. government funding, has also been expressed. Nonetheless, cost reduction efforts and positive vaccine trial results have led to a projected revenue range of $1.4 billion to $1.6 billion for the year. Despite generating substantial sales from its vaccine candidate Nuvaxovid, the company faced large operating losses in 2021 and 2022, a trend that persists according to recent quarterly results. Despite a significant drop in stock price an
$NIO Inc.(NIO)$ The first surefire buy for long-term investors with $300 is China-based electric-vehicle (EV) manufacturer Nio. Though EVs should be one of the most exciting and sustainable growth stories over the next 10 to 20 years, the ramp up in production won't be without its hiccups and casualties. For instance, Nio's production was hindered for more than three years by China's stringent COVID-19 mitigation strategy, which led to a host of supply chain constraints. But there's good news on this front. This past December, China abandoned its controversial "zero-COVID" strategy and effectively reopened its economy. While it's going to take a couple of quarters for things to get back up to full speed, the proverbia
$Credit Suisse Group AG(CS)$ bearish Bank stocks avoided another tumble Monday after the historic takeover of Credit Suisse Group AG, yet investor sentiment remains fragile following a $1 trillion plunge this month in global financial shares. Shares prices initially slumped because the acquisition by UBS Group AG will wipe out holders of Credit Suisse’s riskiest bonds, potentially sending the $275 billion market for bank funding into a tailspin. Investors, though, took some comfort from the decisive steps by Swiss authorities over the weekend to end Credit Suisse’s years-long descent into turmoil, as well as efforts by US regulators to stabilize banks there.
$Lyft, Inc.(LYFT)$ bearish Lyft Lyft is the no. 2 player in the U.S. ridesharing market. It generated $1 billion of revenue in the first quarter of 2023 from about 19.5 million active riders. On that revenue, it posted a net loss of $187.6 million. The company managed to grow revenue by 14% year over year in the first quarter, but that growth came at a cost. Gross margin was 45%, down from nearly 50% in the prior-year period. Lyft attempted to keep operating costs in check, but total costs still rose nearly as fast as revenue. Scale is not helping. Lyft's net loss is almost entirely due to stock-based compensation expense. The result of this excessive use of stock-based compensation is that Lyft's share count is expanding rapidly. The compan
$Sea Ltd(SE)$ Sea Limited’s (NYSE: SE) high potential is based on its strong performance and strategic initiatives. Shopee, Sea’s e-commerce segment, continues to exhibit robust growth, with significant margin improvement and strong YoY revenue growth. The platform’s double-digit increase in gross orders QoQ demonstrates its increasing user popularity. This growth is attributed to efficiency gains in logistics operations, expanded delivery options, and improved user experiences. Additionally, the introduction of live streaming and the Shopee Affiliate Program has boosted user engagement and improved Net Promoter Score (NPS), attracting buyers and sellers.
$Alphabet(GOOG)$ Alphabet's Google search engine generated nearly 60% of the company's $74.6 billion in second-quarter revenue from advertising. YouTube contributed another $7.7 billion in Q2 ad revenue. And Alphabet's ad sales are poised to rise thanks to the digital advertising industry's ongoing growth. U.S. ad spending is forecasted to expand from 2022's $245 billion to $395 billion by 2027. The company also possesses a prosperous cloud computing business, Google Cloud. This division consistently produced double-digit sales growth annually, including 28% year-over-year revenue growth to $8 billion in Q2. Another revenue growth opportunity is Alphabet's investments in artificial intelligence. The company released
$Uber(UBER)$ bullish Uber Technologies Incorporated (NYSE:UBER) is a ride-hailing conglomerate. The services allows users to remotely reserve a vehicle from services in ride-sharing, public transit, and bike-sharing. The company’s advantage comes from superior flexibility and convenience in comparison to the traditional method of obtaining a taxi. UBER stock is worth $48.32 and is up 93.15% YTD. Yahoo! Finance reports that 32 analysts have rated UBER as a “Buy” to outperform the market and an average 12-month price target of $57.08. The mobility services industry is forecasted to grow from $236.42 billion in 2022 to $774.93 billion by 2029 at an 18.5% CAGR. A rising trend of on-demand transportation drove growth for the sector. The ride-hail
$3M(MMM)$ bearish 3M (NYSE: MMM) is trapped in a legal quagmire, posing major questions to its investor base. The conglomerate is wrestling with two major lawsuits, one tied to earplugs supplied to the U.S. military and another linked to its use of forever chemicals. A resolution has been reached for the latter with up to a whopping $12.5 billion payout, but the earplug lawsuit remains uncertain. On top of that, its business is struggling under the weight of the current challenging economic conditions. Moreover, the idea of cutting dividends to alleviate the pressure on earnings might seem like an obvious viable fix. However, 3M’s Dividend King status complicates the situation as a cut would likely sour investor sentiment. 3M can ill afford s
$NIO Inc.(NIO)$ BullishChinese electric vehicle firm NIO and internet giant Tencent signed a strategic cooperation agreement in Shenzhen on November 28. Under the deal, the two sides will carry out in-depth cooperation in the fields of autonomous driving cloud technology, intelligent driving maps and digital ecology.
$Advanced Micro Devices(AMD)$ AMD started the year at a disadvantage, with its biggest competitor Nvidia taking the lead in AI chips. However, the company has since put all of its efforts toward gearing up, and experts have taken notice. AMD shares have skyrocketed 92% since Jan. 1 in response. Meanwhile, other tech companies have shown interest in partnering with the semiconductor company. A Bloomberg report from May 4 revealed Microsoft is supporting AMD's AI chip expansion by providing financial and engineering resources. The Windows company aims to help AMD become an alternative to Nvidia. Additionally, Amazon Web Services (AWS) is reportedly considering using AMD's AI chips in the near future. The partnership wou
$Tesla Motors(TSLA)$ In 2022, Tesla stock was under great pressure, though it completed a 3-for-1 stock split, Musk’s selling shares and his Twitter drama made it suffer the worst year since its IPO. Musk has said he will not sell any more of the electric car company’s stock for about two years on last Thursday, however,he foresaw the economy would be in a “serious recession” in 2023 and demand for big-ticket items would be lower.
Pfizer Inc said on Thursday it plans to invest more than 1.2 billion euros ($1.26 billion) to expand manufacturing at its plant in Dublin, which would double the capacity to produce key substances used in biological drugs. The company last year began producing an ingredient for its COVID-19 vaccine at the facility in Grange Castle, Dublin. $Pfizer(PFE)$ bullish
$Tesla Motors(TSLA)$ Times are tough for Tesla. Demand is slowing. Costs are rising. Elon Musk is distracted and a distraction. Ignore all that. Instead, focus on what Tesla is—the leading EV manufacturer in the world and one that has a decade-plus head start on other auto makers, as well. Tesla is able to produce cars at a much lower cost than its competitors, giving it room to cut prices to stoke demand in a way others can’t. Tesla stock is a risky bet, to be sure, but with shares off 72% from their all-time high, to $113.06, and near 21 times 12-month forward earnings, down from 201 times two years ago, the opportunity is too good to pass up.
$Palantir Technologies Inc.(PLTR)$ Palantir Technologies' (NYSE:PLTR) UK division has reached a £75M enterprise agreement with the UK Ministry of Defence to support the latter's digital transformation. The transformation, led by Defence Digital and powered by Palantir (PLTR), will see the defense ministry treat data as a strategic asset, leveraging it to deliver superior military advantage and greater efficiency across the enterprise.
$Coinbase Global, Inc.(COIN)$ BearishMazars has indicated that they will temporarily pause their work with all of their crypto clients globally, which include Crypto.com, KuCoin, and Binance. Unfortunately, this means that we will not be able to work with Mazars for the moment," a Binance spokesperson said to Coindesk. Mazars had performed a so-called proof-of-reserves check on Binance's bitcoin holdings earlier this month, finding its bitcoin reserves on a single day in late November were overcollateralized.
Despite increasing macroeconomic uncertainty, management said customers are making longer-term commitments to Palo Alto Networks. They also noted how many companies are carrying on with their long-term investments despite short-term volatility.PANW stock has fallen 13% year to date to trade around $162.$Palo Alto Networks(PANW)$bullish
$Amazon.com(AMZN)$ Shares of Amazon tumbled nearly 50% in 2022, a far worse performance than that of the broader market. The S&P 500 shed a bit less than 20% of its value last year as pandemic darlings were beaten to a pulp. One reason for Amazon stock's terrible performance was its incredible performance leading up to this big decline. The stock rocketed 76% higher in 2020, fueled by strong growth for the company's cloud computing business and an unprecedented boom for the e-commerce industry. Amazon stock largely treaded water in 2021, holding on to those gains until last year.
$Apple(AAPL)$ Apple has been increasing its dividend since 2013, so it'll be decades before the company could potentially hit 50 consecutive years of rate hikes and become a Dividend King. But given the company's impressive and constantly growing ecosystem, combined with fantastic financials, it seems probable that it will get there. For starters, the company doesn't pay as high of a dividend as it could. Its payout ratio is just 15% of earnings, and Apple could easily afford to pay more. It looks like a strategic move to be able to grow its dividend without potentially disrupting its growth initiatives. In May, the company raised its dividend by just 1 cent.
$Amazon.com(AMZN)$ Bullish Amazon is cutting back in a lot of areas, but its cloud-computing business isn't one. The online retail giant plans to cut 10,000 jobs across its retail, devices, and human resources divisions, but it might actually be hiring in cloud computing. Amazon Web Services marketing chief Matt Garman said he expects his division to add staff in 2023. He also thinks the company will build more data centers in the coming year.