StevenHarris
StevenHarris
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$Apple(AAPL)$ Nice problem to have.,,That's the story with Apple. The iPhone maker has too much cash on its hands. As of March 30, 2024, Apple's cash, cash equivalents, and marketable securities totaled $162.3 billion. To put that number into perspective, it's greater than the market cap of 450 members of the S&P 500.
avatarStevenHarris
2023-03-16

Fed Up: 3 Manufacturing Stocks With Sell Ratings

Fed Up: 3 Manufacturing Stocks With Sell RatingsSummaryAccording to Powell’s testimony on monetary policy, inflation is again running higher than expected. Next up is Friday’s Jobs Report, CPI on Tuesday, and the Fed decision next Wednesday.Weak manufacturing data, supply chain constraints, and the macro environment have created bearish momentum and decreased margins for some manufacturers.“As the Fed continues to hike, manufacturing is going to be in the crosshairs,” said senior U.S. economist at Barclays Jonathan Miller. I have three manufacturing stocks already feeling the pain.Despite their strong balance sheets, each company has poor profitability and dismal cash, limiting their cushion to withstand a downturn.With factory output already -1.7% from post-pandemic peaks, my three picks’
Fed Up: 3 Manufacturing Stocks With Sell Ratings
avatarStevenHarris
2023-07-31

Amazon: Up Substantially This Year, The Rally Isn't Over

$Amazon.com(AMZN)$ : Up Substantially This Year, The Rally Isn't OverSummaryAmazon's shares have increased by about 50% since the start of the year.It has maintained leading market share in e-commerce and cloud, two secular growth trends with plenty of tread left.Shares are attractively valued for continued accumulation, though one can never know what the market will do as earnings approach.HJBCShares of cloud and e-commerce leader Amazon (NASDAQ: $Amazon.com(AMZN)$ ) have soared more than 50% since the beginning of the year.Such large price swings, especially for a stock as large as Amazon, aren't common, but many stocks are emerging from an uncommonly brutal bear market for growth and technology stocks
Amazon: Up Substantially This Year, The Rally Isn't Over
avatarStevenHarris
2023-04-06

Netflix: Bringing It on Stream

Netflix: Bringing It on Stream $Netflix(NFLX)$ has brought wave b in magenta on stream quite commendably and has already touched at the gray zone between $343. 40 and $359.13. Thus, wave b in magenta could be finished by now, although the share could just as well use the remaining room in the upper part of the gray zone to place the corresponding high. As soon as this is done, the course should turn and head for the turquoise zone between $271.07 and $209.09 to develop wave B in turquoise. Afterward, Netflix should tackle the resistance at $379.43, which should then be conquered by wave C in turquoise. However, we should still keep in mind the 35% chance that the stock could break through the turquoise zone and drop below the support at $162.75.So
Netflix: Bringing It on Stream
avatarStevenHarris
2023-02-27

Just believe Tesla, All be better!!!

$Tesla Motors(TSLA)$ Bullish I feel confident of a good earnings report and even better forward looking statements regarding batteries, Tesla Power, and auto sales including references to the cyber truck which is going to be another paradigm shift in the world of personal transportation. As to earnings, since the production volumes held up nicely, all things considered, I expect Tesla to have moved their direct and indirect manufacturing costs off the P&L and onto the balance sheet as inventory. The fact that there was about 20,000 cars unsold at YE 2022 is immaterial to the costs moving into inventory on the balance sheet. The price cuts have already removed the excess inventory and have set the stage for another record year of Tesla BEV
Just believe Tesla, All be better!!!
avatarStevenHarris
2023-03-16

XPeng: Potential Recovery In 2023

XPeng: Potential Recovery In 2023Robert WayChinese electric vehicle ("EV") manufacturers have not exactly received a lot of love from investors lately: companies like $XPeng Inc.(XPEV)$ (NYSE:XPEV), NIO Inc. (NIO), or $Li Auto(LI)$ have seen severe downsiderevaluations in the last twelve months as COVID-19 lockdowns and overall moderating growth weighed on the sector. Aweak forecast for Q4'22 deliveriesalso weighed on XPeng. However, I believe the selloff regarding XPeng has gone too far, as the electric vehicle startup has lost 75% of its market value, but nonetheless remains on a strong upwards trajectory regarding deliveries. XPeng stock is scheduled to launch 3 new EV products in FY 2023 which could be
XPeng: Potential Recovery In 2023
avatarStevenHarris
2023-03-10
Pharmaceutical Biotechnology & Clinical Research Jobs $ImmunityBio, Inc.(IBRX)$$Spdr S&P Biotech Etf(XBI)$ $S&P Biotech Bull 3X Shares(LABU)$ So a company thats got PDUFA on or before May 23 Is hiring but shorts keep pounding the SP two months out. The price was 6.80 in Dec and now 1.50 and little has changed except a 14 mil share direct offering at 3.50 to several institutions. 🤷🏼‍♂️. This is going to run so hard soon!!! Billionaire owner Patrick Soon Shiong already got abraxane approved and sold the company to Celgene. Approval almost certain for the Bladder cancer drug Anktiva. Do your DD. Never invest
$NVIDIA Corp(NVDA)$ the bottom is not in yet. the market will go down further next week. S&P will at least hit 4,700. several analysts have said even below 4500. I believe nvda well go below 600. the support is at 670 for now. the blowout earnings are expected and a good guidance is a given but this is not until late May ...and a rise of a 100 points will bring nvda from 500 to 600.
avatarStevenHarris
2023-03-13

Sea Reports Blowout Quarter

Sea Reports Blowout QuarterFG TradeArticle Thesis$Sea Ltd(SE)$(NYSE:SE) had a great quarter, beating revenue estimates and destroying profit estimates. With its new focus on improving efficiency and driving profits, Sea looks like it could deliver compelling shareholder value in the future.What Happened?Sea Limited reported its most recent quarterly results on Tuesday morning. The company's results for itsfiscal fourth quarterinclude the following headline numbers:Seeking AlphaRevenue came in more than 10% ahead of estimates, as analysts had predicted a revenue decline while actual business growth was quite attractive, at 7%. Even more important, however, was the company's bottom line beat. Analysts had estimated that Sea Limited was deeply unprofit
Sea Reports Blowout Quarter
avatarStevenHarris
2023-04-06

Alibaba: Valuing The 6 New Companies To Assess True Unlocked Value

Alibaba: Valuing The 6 New Companies To Assess True Unlocked ValueSummaryThe Chinese tech giant, announced the unexpected decision to split its operations into six different units, each of which will have its own CEO and the possibility to seek future.With the new split, the management expects $Alibaba(BABA)$ to regain flexibility enabling the new six independent units to be completely focused on innovation and organic growth.After the split, Alibaba's intrinsic value is equal to $542 billion, or $209 per share, a stunning 40% increase from the pre-split value.maybefalse/iStock Unreleased via Getty ImagesInvestment ThesisOn March 28th $Alibaba(BABA)$ , the Chinese tech giant, announced the unexpected deci
Alibaba: Valuing The 6 New Companies To Assess True Unlocked Value
avatarStevenHarris
2023-03-14
$Rivian Automotive, Inc.(RIVN)$ RIVN will soon have orders from other companies once they renegotiate the exclusivity clause. Why kick the bear if they didn’t have interest for more orders. I believe this came about because of Amazon announcing the are staying status quo on order ,which is ok. RIVN is aware of their own capabilities and easily delivering EV’s in near future is attainable. Once a new client is announced this will jump up parabolically. Moreover, The largest auto maker Volkswagen today announced they’re building battery plant in Ontario. Foreign investment starting and North America is their choice. Great for EV makers. Announcements like this will soon pay dividends for RIVN’s supply chain.M
avatarStevenHarris
2023-03-02

Unironically I think we are in "soft landing " and gonna be in bull market for this year

$NVIDIA Corp(NVDA)$ , $Meta Platforms, Inc.(META)$ , $Advanced Micro Devices(AMD)$ , $Alphabet(GOOG)$ all good earnings. Just $Amazon.com(AMZN)$ is lagging. $Apple(AAPL)$ after earnings managed to rebound quickly.Semi conductor stocks stocks generally are the most affected by economic downturns as well as higher rates , and have done quite well.Thus in this bull run crypto will eventually catch up . So $Riot Blockchain, Inc.(RIOT)$ or $Marathon Digital Hold
Unironically I think we are in "soft landing " and gonna be in bull market for this year
avatarStevenHarris
2022-03-07

Why Cathie Wood Will Be Proven Wrong About Selling Palantir

Summary The widely-followed Ark Invest funds, led by Cathie Wood, have sold out of Palantir. Share sales occurred just a month after big-ticket buys. I believe Cathie Wood is wrong in selling Palantir as the firm is ramping up its free cash flow and has huge revaluation potential. Michael Vi/iStock Editorial via Getty Images In February, Cathie Wood's actively-managed investment funds have sold millions of shares of the software and analytics firm Palantir (PLTR), raising questions as to what the motivation for the trades might have been. While Ark Invest funds are selling out of Palantir, PLTR is one stock that I am buying now hand over fist. Palantir's free cash flow growth is underestimated, and I will bet that Cathie Wood will be proven wrong on its decision to offload PLTR! Ark Inv
Why Cathie Wood Will Be Proven Wrong About Selling Palantir
avatarStevenHarris
2023-03-21

Micron: A Bad 2022, A Dire 2023, A Positive 2024

Micron: A Bad 2022, A Dire 2023, A Positive 2024Summary2022 was bad for Micron, but 2023 will be worse as recovery won’t happen until 2024.Micron and other memory companies have substantial inventories to work through, causing memory prices to drop significantly.Smartphone and PC data point to the start of a recovery in 2023 that won’t move to positive YoY growth until 2024.Server shipment and cloud capex spend will be less impacted with positive albeit muted growth in 2023.This idea was discussed in more depth with members of my private investing community, Semiconductor Deep Dive.Learn More »OceanProd/iStock via Getty ImagesSince June 2022, the semiconductor memory market is in freefall, and $Micron Technology(MU)$ (NASDAQ:MU) stock is p
Micron: A Bad 2022, A Dire 2023, A Positive 2024
avatarStevenHarris
05-15 14:31
$Intel(INTC)$ $31 is absolutely solid stage for this week, I loaded 1000 pieces logs onto my truck. next week will be up again, $32. I bet here.Guys , be confidence enough to load your trucks, you will gain big $, don’t miss the chance..
avatarStevenHarris
2023-03-01

What appaling things inside my memory

$Carvana Co.(CVNA)$ For those that think their goofy vending machine properties can be used for securing a loan will be surprised when you find out they have been sold over the years. Often times for 2 or 3 or 4 times their purchase price to shell companies and then leased back. Daddy owns these shell companies. The Novi, Michigan property is owned by the lawyer for carvana. The long Island property which was purchased for 9.7 million, was sold within a week for over 24 million. Think about that? Who would pay 3 times the fair value for a vend machine property.....daddy. Then he collects rent every month and sonny boy has 24 million to lose selling vehicles below cost to pretend carvana is a growing company. You will soon find out the sham this fa
What appaling things inside my memory
avatarStevenHarris
2023-05-13
$ContextLogic Inc.(WISH)$ $Sundial Growers Inc.(SNDL)$ $Vinco Ventures, Inc.(BBIG)$ $AMC Entertainment(AMC)$ If you previously owned 2000 $WISH shares, you now have 66 shares. Likewise, if you had 1000 $SNDL shares, you now own 100 shares, and if you had 800 $BBIG shares, you now own 40 shares. Unfortunately, all of these tickers have experienced a downward trend in share price after a reverse split. I did not vote in favor of the reverse split and am wondering how we can prevent $AMC from undergoing the same process.Source:stocktwits
avatarStevenHarris
2023-03-06
$Alphabet(GOOG)$ I used chat GPT to impress my father in law with a neat little story. He thought it was fun. Afterwards, I asked chat GPT what sayona has to give to piedmont. After two exchanges, chat gpt told me that while they are in the same sector, there is no relationship. Afterwards, I googled itPiedmont and Sayona confirmed the terms of the spodumene concentrate offtake agreement between SYQ and Piedmont. Under the offtake agreement, Piedmont is entitled to purchase the greater of 113,000 metric tons per year of spodumene concentrate or 50% of production from the NAL project. The agreement also covers concentrate produced from ore mined at SYQ’s Authier Project. Purchases are subject to market pricing with a price
avatarStevenHarris
2021-08-02
The big difference between this new generation of apes and the old retail generation: we are fearless and we are not prone to manipulation and Media FUD spreading. HH are in big trouble if they think they can fear us and play on time, the more time they take to cover, the bigger the spike will be.$AMC Entertainment(AMC)$
avatarStevenHarris
05-14 10:17
$Shopify(SHOP)$ Nellies complaining about the high P/E but don't take into account that SHOP is best in breed, growing, and will continue to dominate as the ecommerce platform of choice for millions of independent operators tired of paying ludicrous fees to Ebay and Amazon. There's nothing else like it out there and that is why SHOP will continue to grow its industry.Pink Love GIF by Patrick Pinkerton

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