snipey
snipey
Believes that strategic investments in U.S. stocks can yield great returns
3Follow
22Followers
0Topic
0Badge
avatarsnipey
2022-08-11

Where Will Bank of America Be at the End of 2023?

It's safe to say that Bank of America(BAC3.39%), the second-largest bank by assets in the U.S., is a completely different bank than it was after the Great Recession, when shares fell below $4. Chief Executive Officer Brian Moynihan has done an excellent job of turning the bank around and building a much more durable operation with much stronger earnings power. Toward the end of 2021, Bank of America traded at its highest stock price since 2007, at more than $49 per share, albeit it was a period when most stocks traded at elevated valuations. Since then, its stock has fallen back to roughly $34 per share. Let's take a look at where Bank of America could be at the end of 2023, in a little less than a year and a half.Stronger earnings comingThe good news is stronger earnings are almost c
Where Will Bank of America Be at the End of 2023?
avatarsnipey
2022-07-06
Next market recovery will likely come this fall and pre Christmas.Earnings for next few quarters will drive up stock market. Shopify will surprise with continued growth. $60 US will seem like a bargain come next year. I suspect once the institutional money returns to market Shopify will be a darling once again. Their growth story is to good and too big to be ignored.Hold and buy for the win. $Shopify(SHOP)$
avatarsnipey
2022-09-05
yeah, you know how it is when you move. You pack your stuff, your underwear, your golf bag, and boxes of top secret documents.. Then, you hide those top secret documents for a year and a half. Have your lawyers lie about their existence.. Than blame the FBI.. After all this was America.. But the Radical right is working to change that..$Bank of America(BAC)$
avatarsnipey
2022-08-26

Is Trending Stock Unity Software Inc. (U) a Buy Now?

Unity Software Inc.(U) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +53.9% over the past month versus the Zacks S&P 500 composite's +11.4% change. The Zacks Internet - Software industry, to which Unity Software Inc. belongs, has gained 18.6% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.Earnings Estimate RevisionsRathe
Is Trending Stock Unity Software Inc. (U) a Buy Now?
avatarsnipey
2022-07-28

Teladoc Health (TDOC) Gears Up for Q2 Earnings: What Lies Ahead?

Teladoc Health, Inc.TDOC is set to report second-quarter 2022 results on Jul 27, after the closing bell.In the last reported quarter, the virtual healthcare services provider’s adjusted loss per share of 47 cents was narrower than the Zacks Consensus Estimate of a loss of 55 cents, primarily due to increased visits and memberships as well as higher utilization. Solid contribution from access and visit fees benefited the results. The positives were partially offset by a rise in expenses due to massive impairment charges.Let’s see how things have shaped up prior to the second-quarter earnings announcement.Trend in Estimate RevisionThe Zacks Consensus Estimate for second-quarter loss per share of 71 cents has witnessed no movement in the past week. The estimated figure suggests a 17.4% improv
Teladoc Health (TDOC) Gears Up for Q2 Earnings: What Lies Ahead?
avatarsnipey
2022-04-06

Why Rivian Stock Tanked Today

What happened Shares of EV start-upRivian Automotive(RIVN-9.33%)took a hit immediately after the company released its fourth-quarter and full-year 2021 financial update on March 10. Investors particularly didn't like the operational update and 2022 production guidance. The stock recovered some in the ensuing weeks, but a recent Securities and Exchange Commission (SEC) filing has investors spooked once again. That helped cause a decline of 8.6% in Rivian shares today, as of 1:50 p.m. ET. So what In its quarterly report, Rivian said several factors led it to reduce its production volume guidance for 2022. Though the company said it has the capacity to manufacture 50,000 vehicles, it said it only anticipated 25,000 will be produced this year. The company identified headwinds including a plann
Why Rivian Stock Tanked Today
avatarsnipey
2022-06-02

DBS completes first live transaction on SGTraDex to drive digitalisation of bunker trade ecosystem

DBS completes first live transaction on SGTraDex to drive digitalisation of bunker trade ecosystemDigitalisation of trade data to foster greater trust and transparency across supply chains and reinforce Singapore's position as a global trade hubSingapore, 01 Jun 2022 - DBS announced that it has completed its first live transaction on the Singapore Trade Data Exchange (SGTraDex) - a digital data exchange that facilitates trusted and secure sharing of data between supply chain ecosystem partners. The transaction was done by way of an electronic bunker delivery note (BDN).The maiden transaction was completed with leading bunker player Kenoil Marine Services (Kenoil), in collaboration with mass flow meter data logger service provider Brightree. By digitalising the bunker delivery note, DBS, Ke
DBS completes first live transaction on SGTraDex to drive digitalisation of bunker trade ecosystem
avatarsnipey
2022-09-15
Excerpt from CNBC Pro article [These are the cheapest, most-loved stocks in the S&P 500] today ….“Walt Disney, for example, is trading at a 26% discount on a forward price-to-earnings basis, below its historic 5-year average forward P/E. It is also well-loved by analysts, with 72% of those covering the stock rating it a buy, and it has 24% upside to the average price target, according to FactSet.” $Walt Disney(DIS)$
avatarsnipey
2022-06-17
Just to put things in perspective: when Oxy hit its high at the end of May, Berkshire Hathaway was trading at $478,000/share. Today, it’s at $400,000/share, and down about $90billion in value in less that 3 weeks. I think Warren would be as happy as anyone to see Oxy recoup a little of its loss to help stop the Berkshire Hathaway bleeding.$Occidental(OXY)$
avatarsnipey
2022-08-19
Whatever type of investment you decide to get into,i think the key message here or for me rather is to start investing no matter how small. When you invite you’re buying a day that you don’t have to work…I pray everyone reading this becomes successful. We worked for years to have $1 million while some people i know put thousands of dollars in some meme coins and they are millionaires. $Snap Inc(SNAP)$

Go to Tiger App to see more news