Everspin Is Better Than Micron Based On Memory Technology And Other Metrics
These are unprecedented times with inflation at decades high. There is also uncertainty as to demand while supply chain problems that are persisting as China tries to tame Covid infection rates.Moreover, with the U.S bent on retaining its superiorityfor advanced artificial intelligence orAI processorsover China and prioritizing onshoring of manufacturing, the industry is unlikely to evolve in the same way as before.In these circumstances, the aim of this thesis is to show that instead of choosing Micron (NASDAQ:MU) for dip-buying, a better strategy would be to opt for Everspin Technologies (NASDAQ:MRAM) whose details are shown below has delivered a better one-month price performance.Comparison of Key Metrics (seekingalpha.com)There are chances that you may never have heard of this stock whose market cap is about 500 times less than Micron, but, it certainly deserves your attention, not because of its higher revenue growth or gross profit margins, but more because of its MRAM memory tec
Baidu (NASDAQ:BIDU), also known as China's Google, is one of the world's most underappreciated and undervalued companies. Can you believe that China's leading search engine provider with numerous promising businesses under its umbrella has amarketcap of only $32 billion? Yes, it's true.Baidu's stock has crashed over the last two years due to the economic slowdown and other transitory effects. The company's rock-bottom valuation and future growth prospects make Baidu a top stock for the next 5-10 Years.BIDU(StockCharts.com)The peak-to-trough decline has been nothing short of epic, with Baidu's stock dropping by a staggering 80% from its top. The stock even dipped below $80 recently, hitting its lowest point since 2010. However, Baidu remains an incredibly resilient innovative company with significant growth prospects and excellent profitability potential. Moreover, Baidu's valuation is dirt cheap right now at about 9-10 times forward earnings estimates. As the economic slowdown conclude
XPeng investors have endured one of the most torrid periods in 2022, as XPEV lost more than 75% of its value since our caution in June.We discuss why investors need to reconsider their thesis in XPeng, as the market has likely "shoved" it aside in anticipation of more intense competitive headwinds.We explain why buying the dips now is not advisable, despite the steep selloff. Therefore, we urge investors to continue watching XPEV's action from the sidelines.
Most Chinese stocks are down since 2021 started, and Alibaba is not an exception to the rule.Alibaba has entered the grocery industry, and this drove overall margins down, so although the overall business is growing, it also comes with less and less profitability.Alibaba is becoming an asset-heavy business, and I think that this trend is not going to stop.Investors should reconsider if the Chinese market is indeed as strong as it is said to be.I am currently neither bullish nor bearish at the stock, and, therefore, I rate Alibaba as a HOLD.
Canoo has been stacking up new orders for its Lifestyle Vehicle ahead of its Start of Production.The company recently released fiscal 2022 third quarter earnings, which showed a customer order book that had swelled to $2 billion with $750 million of binding orders.Cash burn continues to be a reason to worry, but bankruptcy concerns now seem misplaced.
Bitcoin prices have proven to be more correlated with the broader technology space than as an inflation hedge.Marathon is doing a great job ramping up production and maintaining liquidity.Signs are pointing to a lengthy crypto bear market which could present some serious risks in the short to medium-term.
Occidental Petroleum Corporation bulls returned strongly to stanch its initial post-FQ3 earnings selloff, demonstrating their confidence in its execution.We discuss why investors should consider using the recent rally to reduce exposure in Occidental Petroleum Corporation.Investors expecting Occidental to continue outperforming highly challenging comps could be sorely disappointed.Earnings compression is the next critical risk to watch out for.Maintain Sell on Occidental Petroleum Corporation.
KOLD enables you to profit from the price of natural gas, as tracked by GAZ, at an accelerated inverse rate of two times.It is precisely natural gas that has become the focus of attention as the conflict in Ukraine lingers and associated geopolitical tensions are exacerbated.The strategy to profit from this ultra-short ETF is based on factors that point to GAZ falling after an upside of nearly 40% during the last month.This strategy also involves risks pertaining to the compounding effect, which signifies that this is not a long-term buy-and-hold, also requiring a stop loss in order to reduce losses.As for GAZ, in view of its recent upside and the arguments in favor of KOLD, I see a pullback.
GameStop: The FTX Partnership Imploded And A Path To Profitability Looks Bleak
GameStop (NYSE:GME), which once grabbed every headline and became an iconic meme stock, is slowly approaching the inevitability that its business model needs to change to turn a profit. Putting aside what made GME attractive to retailinvestors, the financials tell the story of a company that is unlikely to repeat its share appreciation success. On September 8th GME gained traction as shares jumped 6.6% premarket afterannouncing a partnership with FTX. Just 2 months later,FTX filed for bankruptcy, and what was looked at as a favorable partnership absolutely imploded. Split adjusted GME is trading -70% from its 2021 highs and is down -58.60% YTD. I do not see a path back to profitability, and its shares look overvalued for a company that is burning cash and has only had 1 profitable quarter over the past 10 quarters. GME could prove me wrong by overhauling its business model and fortifying its revenue stream, but in the age of digital downloads, I think the deck is stacked against them.S