To The Moon

Despite its recent rise, Alphabet Inc. stock could still be undervalued. Analysts have been raising their price targets ahead of earnings at the end of the month. Shorting out-of-the-money puts can yield 1% over the next 3 weeks.GOOG is at $167.27, up substantially from a recent low about a month ago. It hit a trough of $149.54 on Sept. 9.On Sept. 10, I wrote in Barchart that GOOG stock was cheap: “Alphabet Stock Is Down, But Not Out - GOOGL Could Be Worth 29% More.” I argued that GOOG was worth at least $193 per share based on its strong free cash flow and FCF margins.Here is an update. Analysts project revenue will reach $386.99 billion next year. Using an 18.5% FCF margin, which is its last 12-month FCF margin, Alphabet could generate $71.593 billion in 2025.In other words, it provides a good yield - 1.1% for the next 3 weeks - with over 8.3% downside protection.That makes it ideal for existing shareholders to do this trade. That way they gain all the potential upside in GOOG stoc

As a long-time $Palantir Technologies Inc.(PLTR)$ bull, I’ve been accumulating shares throughout the year, taking advantage of its growth and future potential. However, after the recent explosive breakout from an ascending channel, I believe a retracement could be on the horizon. Tiger Broker App Don’t get me wrong—I’m still bullish on PLTR for the long term, but from a technical perspective, the current price action suggests a short-term pullback is increasingly likely. Here’s why I think now might be the time to prepare for a potential retracement. PLTR Weekly Chart Palantir recently experienced a strong breakout, one that shot the price up after following an ascending channel pattern. This kind of movement is incredibly bullish, signaling that

I closed $iShares Gold Trust(IAU)$ ,My Successful Trade: Selling iShares Gold Trust (IAU) Today, Friday, September 27, 2024, I decided to take profit on my IAU position. I initially bought IAU at $48, and with the price reaching $50, I've decided to sell and lock in my profit. This trade has been a successful one for me, and I'm happy to have made a gain. Using a Take-Profit Order I used a take-profit order to automatically sell my position when the price reached my target level, which helped me to avoid second-guessing myself and ensured that I didn't miss out on the opportunity to take profit. A Slightly Higher Price After Close Although gold went up to $50.20 after the close, I'm still satisfied with my decision to sell at $50. I made a pr

The current moneymaker is the Hopper H100, whose name is a nod to computer science pioneer Grace Hopper. It’s a beefier version of a graphics processing unit that normally lives in personal computers and helps video gamers get the most realistic visual experience. But it’s being replaced at the top of the lineup with the Blackwell range .Both Hopper and Blackwell include technology that turns clusters of Nvidia chips into single units that can process vast volumes of data and make computations a

Tech giants look cheap on an earnings-growth basis, while U.S. stocks overall can resist seasonal weakness. Three weeks into the dreaded September-October stretch when U.S. stocks often tumble, there hasn't been much of a pullback. At least, not yet.Or likely, not at all. Any market weakness that does develop is a buying opportunity, and here are several reasons why:

Market SnapshotSingapore stocks opened lower on Wednesday. STI fell 0.5%; Sembcorp rose 1.4%; LMIRT fell 4.4%; SIA rose 0.6%; SingPost fell 1%.Stocks to WatchSembcorp: The group’s subsidiary Sembcorp

$Intuitive Machines$ said on Tuesday it has bagged a navigation and communication services contract of up to $4.82 billion from NASA for missions in the near space region.Shares of the space exploration company soared 57% in overnight trading and have more than doubled so far this year.Power infrastructure developer $VivoPower$ said on Tuesday it has signed a non-binding agreement to merge with Canada's Future Automotive Solutions and Technologies , which would create a $1.13 billion combined co

A half-point interest-rate cut by the Fed on Wednesday wouldn't necessarily signal the U.S. is heading into recession, according to BlackRock's Rick RiederIt's a scenario that may strike some investor

Now that gold prices are reaching new highs, is there still a buying opportunity - or is this a bull trap?Let's begin with the reasons for caution. Conventional drivers of gold prices have lagged the yellow metal and are forming negative divergences that warn of excessive frothiness. Should investors be worried about these technical warnings of possible weakness?

September is the market's cruelest month - except in presidential election years. Shift your portfolio towards those industries and sectors that have made money in September.There are two reasons why traders might want to resist the urge to go to cash in September, despite the month's reputation as terrible for the U.S. stock market.September's reputation as a losing period for stock investors is well deserved - if we focus on the average of all years. Since the Dow Jones Industrial Average DJIA was created in 1896, it has gained an average of 0.8% in all non-September months. In the average September, in contrast, the Dow has lost 1.1%. That spread of 1.9 percentage points is hugely significant from a statistical perspective.The nine stocks listed below - including Exxon Mobil and Allstate - are from one of those industries currently recommended by any of the investment newsletters monitored by my performance-auditing firm. As additional protection against a big market downdraft in