To The Moon

The Xpeng $XPeng Inc.(XPEV)$ stock price gained 8.21% on Friday, 25th Aug 2023, rising from $16.20 to $17.53. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 7.20% from a day low at $16.40 to a day high of $17.58. The price has been going up and down for this period, and there has been a 7.68% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 8 million more shares were traded than the day before. In total, 19 million shares were bought and sold for approximately $338.38 million.The stock lies in the lower part of a ve

SummaryDICK'S Sporting Goods stock plummeted more than 24% after missing revenue and earnings guidance for Q2 and revising earnings guidance down for the fiscal year.Despite the drop, the company's revenue increased by 3.6% YoY and comparable store sales improved by 1.8%.DKS stock is trading at an attractive valuation, with a forward P/E multiple of 9.8, and other pricing metrics looking attractive.DICK'S also has attractive long-term growth prospects, and it is actively buying back stock.PeopleImages/iStock via Getty ImagesDICK'S Sporting Goods Q2 earnings resultsAug. 22 proved to be a very painful day for shareholders of sporting goods retailer DICK'S Sporting Goods $Dick's Sporting Goods(DKS)$. After announcing financial resu

SummaryMy last two bearish articles about Nvidia Corporation stock did not age well because I underestimated the strength of the momentum caused by the AI frenzy.Nvidia stock is overvalued even with wildly optimistic assumptions, and the current market cap is higher than the cumulative revenue over the next decade.The significant risk for a bearish thesis is that nobody knows how long the AI mania may last before the bubble bursts.BING-JHEN HONG/iStock Editorial via Getty ImagesInvestment thesisThis is my third analysis of Nvidia Corporation $NVIDIA Corp(NVDA)$; the previous two did not work well, to be honest. My last article about the stock went live just before the latest earnings call. I underestimated the artificial intelligence ("A

SummaryWe’re downgrading PayPal Holdings, Inc. to a hold as we think current macro dynamics won’t work in the stock’s favor.We expect PayPal will struggle to increase active accounts and expand transaction margins under macro uncertainty and see Y/Y revenue growth slowing as a result.While we’re constructive on PayPal’s cost-cutting initiatives and position in the e-commerce industry, we don’t share management’s expectation of discretionary spending improving materially in 2H23.We now think the macro weakness is priced into the stock for the most part.Still, we believe there are better names to invest in for the near term as we don’t see the stock working through 2H23.TadejZupancicWe're downgrading PayPal Holdings, Inc. $PayPal(PYPL)$ to a ho

SummaryFortinet missed revenue consensus in 2Q and provided weak revenue guidance in FY2023, leading to a 25% selloff and concerns about growth outlook.The company's product revenue saw a substantial decline, indicating a normalization from the pandemic-driven surge.The management also attributed this growth slowdown to shortened billings duration and the delay of large deals to the next quarter.The stock's valuation remains relatively high compared to peers and market indexes, but the adherence to the software's 40-Rule justifies it to some extent.da-kukInvestment ThesisFortinet $Fortinet(FTNT)$ not only missed the 2Q FY2023 revenue consensus but also provided a weak FY2023 revenue guidance. This resulted in a 25% selloff following the earnings a

SummaryUpstart's recent earnings report is a mixed bag, with bullish aspects but also notable concerns.Investors are eager to take profits after the stock's massive run-up in recent months.The bear thesis, rooted in skepticism about Upstart's intermediary role and balance sheet, contrasts with the company's claims as a loan originator.Michael Blann/DigitalVision via Getty ImagesInvestment ThesisUpstart $Upstart Holdings, Inc.(UPST)$ delivered a very mixed set of results. There was more than enough for the bulls to be content with, but there was also one very strong blemish in the earnings report.Given that the stock had already run up massively in the past several months, there were a lot of investors eager to take profits on the back of this earn

The Taiwan Semiconductor $Taiwan Semiconductor Manufacturing(TSM)$ stock price fell by -1.93% on Tuesday, 8th Aug 2023 from $96.35 to $94.49. During the last trading day the stock fluctuated 1.37% from a day low at $93.67 to a day high of $94.95. The price has fallen in 7 of the last 10 days and is down by -5.81% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -86 thousand shares and in total, 6 million shares were bought and sold for approximately $576.46 million.The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend

SummaryTaiwan Semiconductor Manufacturing Company Limited's weak guidance reflects the ongoing downturn in the semiconductor industry, but the stock is still trading at a decent price.Despite the negative sentiment in the smartphone market, the company expects a strong ramp-up in demand in the second half of the year.The company's focus on AI and its investment in new technologies like N2 and the Arizona plant position it well for long-term growth.Annabelle ChihInvestment ThesisWith what I think was an unsurprising Q2 earnings report, Taiwan Semiconductor Manufacturing Company Limited $Taiwan Semiconductor Manufacturing(TSM)$ tumbled on weak guidance suggesting the downturn is still affecting its operations, which we knew already&nbs

SummaryGOOG continues to demonstrate its search engine moat and Cloud high growth cadence, while similarly taking advantage of the returning ad-spending.Thanks to the ongoing SAG-AFTRA/ WGA strikes, YouTube has also recorded accelerating TV advertising revenues, significantly aided by the sustained cord cutting and new unskippable 30-second ads.Taking a leaf out of Elon Musk's playbook has paid of extremely well, with GOOG's top-line expansion expected to accelerate ahead of expense growth through 2024.This is on top of the founders' renewed enthusiasm over the GenerativeAI, thanks to the perceived threat from ChatGPT and the subsequent "Code Red" situation.Despite the brilliant recovery thus far, we believe GOOG's rally still have legs, with a long-term price target of $192.84.mgstud

Netflix $Netflix(NFLX)$ is not stupid. They carefully did the calculations and came to the conclusion that removing that tier would actually increase revenue/arpu.Regarding the strike, here's a list of shows: squid game squid game, money heist, all of us are dead, attorney Woo, lupin.The common thread is that all of those were fabulously successful shows for Netflix globally. All of them were made outside of Hollywood system. The strike will suck, but no one's got better infrastructure than Netflix to handle it. They are the kings of telling global stories.