IntroductionExela Technologies Inc. (NASDAQ:XELA) is a well-known player in the global business process management solutions market which is estimated to be worth over$200bn(TAM). The company’s raison d'etre is to streamline complex and disconnectedprocesses and accelerate the digital transformation of over 4000+ global clients. The company has solid pedigree and credentials in this space and is one of the leading global providers of digital mailroom solutions; it is also one of the largest "non-bank" processors of payments.The company is also fairly diversified in its end market exposure- banking accounts for 27% of group revenue, healthcare accounts for 23%, insurance accounts for 10%, public sector accounts for 9%, and the rest comes from areas such as manufacturing and tech, legal, etc

You'd think that Bank of America (NYSE:BAC) would be just the perfect stock for this environment, given the rising interest rate environment. However, the stock is still trading at a modest price to earnings multiple, even as thecompany continues to reward shareholders through generous share repurchases and dividends. While that earnings multiple is in line with the conservatism seen since the Great Financial Crisis, I have the opinion that over time, the share repurchases should eventually lead to multiple expansion. This is a stock worth buying on any dip.BAC Stock PricePrior to the Great Financial Crisis, BAC stock traded higher than $50 per share. It is impressive if not surprising that the stock has recently come close to former levels, as the strong growth since then has helped overc

This is a dedicated price action analysis of AMD stock. We observed that AMD stock has moved into a decisive bearish bias for the first time in over five years.We observed that the market formed two bull traps in March and June, as it rejected further buying momentum. However, a potential bear trap could form at the current bottom.Our reverse cash flow valuation model indicates that the market could be preparing for a steeper sell-off to moderate its valuation, given slower topline growth.Therefore, we revise our rating from Strong Buy to Buy. However, given its bearish bias and the market's rejection of buying momentum, we urge investors to layer in with caution at the current levels.

SummaryShopee ASEAN and Taiwan saw meaningful improvement in adjusted EBITDA loss due to improved unit economics and is on track to achieve break-even by end 2022.Shopee Brazil continues to see strong momentum in terms of monthly active users, downloads and time spent, and unit economics improved as order growth continued.Garena remains focused on user engagement of Free Fire, which is showing signs of stabilization as the weekly revenues for Free Fire may have bottomed in April.My target price for Sea is $173, implying an upside of 116%.iPhone 7 showing its screen with Shopee, Lazada and other online shopping application icon.Sea Limited (NYSE:NYSE:SE) recently reported its 1Q22 and while the company has taken a beating, this set of results suggest that the worst may be over. We are start

SoFi Technologies, Inc. (NASDAQ:SOFI) saw its stock price rise by 25% following better-than-expected 2Q-22 earnings, but the factors driving the surge are weak and do not justify last week's gains.SoFi Technologies is still trading at an inflated salesmultiple and was only profitable on an adjusted EBITDA basis in the second quarter.Despite unjustified market exuberance following earnings, I maintainmy price target of $3.50for SoFi Technologies' stock.Platform Is Growing, But Growth Is Not EverythingSoFi Technologies increased the number of member accounts on its platform in the second quarter. As of June 30, 2022, the company had 4.32 million members using its products and services, implying that SoFi Technologies added 450K new members in the previous quarter.According to SoFi Techn

Lordstown Motors' shares dropped post-results announcement despite narrower-than-expected losses and a confirmation that its production timeline for the Endurance stays the same as what was guided earlier. The fall in RIDE's stock price was attributable to concerns about the company's ability to conclude the contract manufacturing deal with Foxconn. Lordstown Motor is a Sell in 2022, as there is no certainty that it will be able to secure the financing it needs to commence production in Q3 2022.

Being fearful about investing today is understandable, given the many risk factors that range from macroeconomic to geopolitical.ProShares Ultra VIX Short-Term Futures ETF might make sense for short-term peace of mind. But only certain traders should get involved.I still see the case for including a VIX fund in a diversified portfolio, but UVXY would not be my instrument of choice.

Rivian Automotive, Inc. (NASDAQ:RIVN), a manufacturer of electric vehicles, provided an update on 1Q-22 production accomplishments this week. The automaker produced 2,553 electric vehicles in the first quarter at its Illinois manufacturing facility and plans to rampup production aggressively for the rest of the year. Despite the fact that Rivian has reduced its 2022 production forecast to just 25K electric vehicles, the company's order book value is rapidly growing, and the company's sales potential appears to be undervalued. Things Are Moving Forward For Rivian Automotive Rivian Automotive's initial public offering (IPO) was not a huge success for shareholders, at least not for those who bought the stock early and held it until today. Rivian Automotive IPOed last year at $78 per share, se

Our end-CY22F target price for SIA remains at S$5.88, still based on an unchanged target P/BV multiple of 1.06x (1 standard deviation above the mean since 2011 of 0.93x), applied to the end-FY23F adjusted BVPS. We use a P/BV that is above the mean to reflect our optimism over the meaningful reopening of international travel markets by mid-CY22F. Valuing SIA at a P/BV mean of 0.93x (since 2011) yields a fair value per share of S$5.16.

A lot has happened since my previousarticleon Mullen Automotive, Inc. (NASDAQ:MULN) dated 14 June 2022. The good news is that the positive catalysts keep on piling up. The bad news is that things are moving slowerthan investors want.Please note that all dates in this article are for 2022 unless otherwise stated.In my previous article, I outlined a number of positive catalysts regarding Mullen including the Fortune 500 order, impressive battery test results, deals with OEMs (Original Equipment Manufacturers), progress on fundraising efforts, and inclusion in the Russell 2000/3000 Indexes. Let's see where we stand regarding the aforementioned catalysts and also go over some new ones.Fortune 500 OrderIn a March interview on Benzinga, David Michery (Mullen's CEO)announcedthat he struck a signi

Kathleen Kennedy should not be against recasting roles in the "Star Wars" film portfolio.Recasting allows for more story opportunities and cost-savings.The company can add more hours to its filmed-entertainment library if it retains flexibility, and it can hedge against downturns in popularity for its branded movies.Disney's stock remains a great long-term holding, but as always, wait for pullbacks in this environment, and consider new 52-week lows as opportunities.

Short interest in AMD dropped by a massive 39.9% in the latest cycle. The chipmaker has several growth catalysts lined up for the foreseeable future, and its shares are trading at attractive valuations, which is probably scaring the shorts away. Investors may want to accumulate AMD's shares on price corrections.

SOFI remains underwater, despite its excellent Q1'22 earnings and upwards revision for FY2022 revenues. Though the impending recession has a hand in it, rising interest rates also turn away certain investors, combined with the extended student loan moratorium. Nonetheless, long-term SOFI investors have nothing to worry about, given its massive user base and expanding product adoption.

A bear market is the time to buy cyclicals. We take the contrarian view on the American consumer and compare BAC to its competition.Higher interest rates, loan growth, and digitalized operations are tailwinds for Bank of America.Based on our projections, BAC will return 11% per annum and beat the S&P 500 in the decade to come.

Material tailwinds are likely to be created by the continued consumer adoption of NEVs in China.On the other hand, concerns related to chip supplies and COVID-19 related restrictions can create substantial headwinds for the firm.In our opinion, Li Auto's stock remains overvalued.We reiterate our "hold" rating on Li Auto.

Upstart's pivoting plan to no longer take loans on the balance sheet and sell the loans held there for cash resulted in a significant miss for Q2 revenue and profit.Loan performance remains a strength.Balance sheet is strong, and contribution margin is increasing.Management has to earn Wall Street and my own trust back before I will consider it a buy again.

Processing equipment suppliers Lam Research, Applied Materials, and Tokyo Electron compete against each other primarily in plasma etching and deposition equipment.The processing equipment market is plateauing following strong growth of 44.7% in 2021, as global revenues dropped 10% QoQ last quarter.For 2023, Lam Research with its large exposure of revenues to NAND memory will fare best as the memory company increases capex spend.Applied Materials, with its large revenue exposure to foundry-made chips, will fare worse as capex spend will be flat.

Elevator PitchI have a Buy investment rating for Shopify Inc. (NYSE:SHOP). I compared SHOP with Block, Inc. (SQ) inan earlier articlewritten on April 5, 2022, and I determined Shopify tobe the more attractive investment candidate of the two due to its "superior expected revenue and earnings growth rates." I have chosen to publish an update for Shopify as per the current article, in consideration of SHOP's recently announced stock split and Q1 2022 financial results.Shopify's Q1 2022 results did not meet the market's expectations, and this has pushed SHOP's stock price lower which makes its valuations more attractive. In addition, the founder continues to be very involved in Shopify's business operations and the company has various initiatives in place to turbocharge its future growth. As s

Riot Blockchain is moving to a vertically integrated housing and power infrastructure. Rival Marathon Digital is employing an asset light strategy focused on mining rig quantity.Power supplies rather than mining rig contracts now create the primary gate to hash rate expansion among the Bitcoin miners.From a power supply perspective, Riot deserves a higher valuation than Marathon in expected future hash rate to market cap models.Using the asset light strategy, Marathon can theoretically deploy more mining rigs and at similar ongoing costs to a vertically integrated operation.