Our Sell thesis on Novavax stock played out well in May, falling 30% to its June bottom. However, a rapid run-up from June's oversold zones has overturned it.However, we postulate that its rapid surge is likely unsustainable, given its price structures. Notwithstanding, a bull trap has yet to form.We posit that the recent revival in the biotech space could have lifted sentiments in NVAX, given similar price surges. But, the IBB ETF remains in a bearish bias.Therefore, we reiterate our Sell rating on NVAX. We encourage investors to use the recent surge to cut exposure. However, investors should wait for a bull trap before executing a bearish set-up.

With the third quarter earnings season drawing to a close, retailers have had a rough go of it. Inventory bloat, supply chain constraints, and heavy inflationary pressures have combined with cautious consumer spending to create a perfect storm of ugliness whenit comes to retailer earnings.The GameStop (NYSE:GME) saga from early 2021 will be an epic story for all-time when it comes to market history. But those clinging to the hope that - two years on - we're going to have another massive short squeeze rally are sadly mistaken, in my view.If that's the case, and no "MOASS" version two is coming, what's left for GameStop? As far as I can tell, not much. The last time IcoveredGameStop, I said the second quarter report highlighted longer-term issues, and that the stock was a sell in r

Investors looking for stocks in the Internet - Content sector might want to consider either Tencent Music Entertainment Group Sponsored ADR (TME$Tencent Music(TME)$ ) or RELX PLC (RELX$Relx PLC(RELX)$ ). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.Both Tencent Music Entertainment Group Spo

Lucid Group is 62.7% owned by PIF, one of the world’s largest and highest credit-rated sovereign wealth funds. Lucid Group should have an A3 investment-grade credit rating equivalent, which would be the highest-rated US carmaker credit. Amidst recent price lows, the market has missed the tremendous implications of Lucid’s financial strength and “Tesla killer” technological advantages. With PIF backing and Lucid’s $40 billion market cap, Lucid should buy into several carmakers like Mazda and Aston Martin and transfer Lucid’s technology. Lucid has a clear-cut path to emulate Tesla’s long-term growth, but trades at a paltry 3.8% of Tesla’s current market cap.

zoff-photo/iStock via Getty ImagesMullen Automotive (NASDAQ:MULN$Mullen Automotive(MULN)$ ) is rallying strongly after a near year-long decline of its commons. The reasons for the decline were clear; cash burn, dilution, and rising Fed fund rates. However, this narrative is quickly changing, especially from a macro perspective. Interest rates are only set for two 25 basis point hikes and an unbelievably resilient US economy has set the backdrop for a soft landing. The IMF is now stating US GDP will grow by at least 1.4% this year.Mullen's commons are up around 117% from their November lows, reflecting broadly energized stock market sentiment and EV animal spirits. This has placed in view the year ahead and whether the EV upstart wil

Overview of GrabGRAB Investor Day PresentationGrab$Grab Holdings(GRAB)$ prides itself on being Southeast Asia's leading super-app. It provides everyday services like food and grocery deliveries, mobility, financial services, and more. In ashort 10 years, the company has grown its footprint from one city to across most of Southeast Asia, covering eight countries and more than 480 cities and counting. Despite having roots in Kuala Lumpur in Malaysia, Singapore has today become the largest revenue contributor to Grab.GRAB Investor Day PresentationGRAB Investor Day PresentationEven after this tremendous growth over the past 10 years, Grab is still in the early stages. Primary markets where Grab competes in continue to have tremendous development poten

LRCX maintains robust demand, but supply chain disruptions are causing big trouble.The Service Business outperformance provides a positive outlook for coming quarters.Strong EPS growth in last 5 years at 24.7% CAGR likely to continue in FY22 and FY23.I assign a hold rating for LRCX after analyzing all the growth and risk factors.

Magic Empire Global Limited (NASDAQ:MEGL) is a recent Nasdaq IPO that achieved 5 minutes of fame with its meteoric 60x return from IPO price in a matter of days. However, investors who bought on the first few days of trading aresitting on catastrophic losses. This article looks at this particular transaction and highlights multiple red flags. Hopefully, this will help investors identify and avoid these overhyped IPOs in the future.Company BackgroundMagic Empire Global Limited is a financial services firm based in Hong Kong. They primarily provide corporate finance advisory and underwriting services such as IPO sponsorship, financial advisory (mergers, acquisitions, and divestitures), underwriting (global coordinator, bookrunner, underwriter, etc.) and compliance advisory.Since the firm's e

TwitterYou already know that two months ago, Twitter (NYSE:TWTR) agreed to Elon Musk's $44B, or $54.20/share buyout offer.You already know that ever since this agreement, Musk is trying to get himself a better deal by describing Twitter bots as "very suspicious" and demanding "bot transparency" without which (he threatens) the deal can't move forward.What you may not know is that Musk can claim whatever he wants, but the (legal) reality ishe can't walk away from the Twitter deal that easily as it might sound (listening to what he says).Why so?1) Legal aspect: Musk's lawyers claim that "This is a clear material breach of Twitter's obligations, actively resisting and thwarting his information rights" but the agreement doesn't require Twitter to provide deta

ThesisThe year of 2022 has been brutal to PayPal (NASDAQ:PYPL$PayPal(PYPL)$ ). The stock price plunged from about $200 to the current level of $73 during 2022, and for good reasons. As you can see from the mid panel in thefollowing chart, its earnings have been under pressure during 2022. And its bottom line even dipped into the red in the June period (it reported a loss of $0.29 per share in the second quarter). The pressure largely came from higher transaction expenses, credit losses, and other expenses. Looking ahead, these headwinds could persist longer.However, the main thesis of this article is to argue that the market has focused too much on the negatives and has neglected the positives. Specifically, the remainder of this article will detail 3 reasons to be bullish on it in 2023:Fi

IntroductionBroadcom (NASDAQ:AVGO$Broadcom(AVGO)$ ) might be one of the most impressive companies from the last decade while at the same time being very much underappreciated by investors. Broadcom is a semiconductor and software giant with a focus on connectivitytechnology. This includes connectivity semiconductors like Wi-Fi/Bluetooth chips and enterprise software like cybersecurity. The company once started as a semiconductor company but has been heavily investing in software over the last decade with the acquisition of several software companies of which the pending acquisition of VMware (VMW) should become its latest addition. Broadcom currently derives most of its revenues from semiconductors still, with about 80% of revenue coming from this

Li Auto's shares went up in June because the company's monthly deliveries and the new L9 SUV's orders exceeded market expectations.My future outlook for Li Auto's stock price performance is that the company's shares will be range-bound in the short term, considering LI's valuations and growth prospects.I rate Li Auto as a Hold, as I don't see LI's positive share price momentum being sustained due to fair valuations and a mixed business outlook.

Investment ThesisPalantir (NYSE:PLTR) is a leading software company helping organizations to make sense of the massive amounts of data they ingest on a daily basis - transforming this from billions of data points into actionable information. It started offpredominantly by serving governments, but in recent years Palantir has been expanding rapidly into the commercial market, opening up a much larger opportunity.Palantir Q2'22 Business UpdateMy investment thesis for Palantir is the following: the amount of data that businesses have to work with is only going to increase exponentially, and they need a way of coping with this data and making use of it - this is where Palantir comes in. I want to see continued expansion within commercial customers, a strong dollar-based retention rate implying

Elevator PitchMy investment rating for NIO Inc.'s (NYSE:NIO)$NIO Inc.(NIO)$ stock is a Hold.I previously evaluated NIO's delivery volume metrics for October 2022 with my earlierNovember 9, 2022 updatefor the company. This current article discusses NIO's Q4 2022 and December deliveries, China's Electric Vehicle or EV market outlook, and the attractiveness of the stock as a potential investment candidate for 2023.I stick to my Hold rating for NIO. NIO's Q4 2022 and December deliveries fell short of my expectations, and it appears th$NIO Inc.(NIO)$ at NIO isn't likely to go ahead with price hikes in 2023. On the flip side, NIO's valuations have come down to more reasonable levels after its share price fell by-66%in the past year, and the market's sentiment towards Chinese companies is tu

SummaryJPM continues to command depositors' and market analysts' confidence in deposit stability and forward execution.This sentiment is demonstrated by the "deluge of deposits" flowing into JPM, along with other banks, potentially helping boost its Net Interest Income beyond $73B in FY2023.Combined with Moody's A1 credit rating and JPM's excellent liquidity sources, the bank continues to reign supreme with a lower unrealized loss-to-equity ratio of 5.6%.Investors may consider adding here if it consequently reduces or matches their dollar cost averages. Otherwise, with the rapidly declining sentiments, we may see JPM testing the low $100s again.Iana Miroshnichenko/iStock via Getty ImagesThis Is Why JPM Reigns Supreme In A Panic-Driven MarketUS Banking Stocks Over The Past WeekTrading ViewW

After losing more than a third of its value over the past 3 years, experiencing enormous volatility and suspending its dividend, Walt Disney Co. (NYSE:NYSE:DIS) has turned into a bitter disappointment for investors.The reason why Iuse the past 3 years as a comparison is that back in December of 2019, at the time when hype around DIS was running near all-time high, I warned ofthe trilogy of problemsthat the company was facing.At the time, it was extremely hard to envision a negative scenario going forward as Disney was capitalizing on its Direct-to-Consumer strategy and recent acquisitions. Unfortunately, however, it was at that time when Disney share price was not pricing in future risks and profitability has already peaked.New Red Flags EmergingSo far 2022 has been a rough year for equiti