SummaryRIVN has outperformed our expectations indeed, with expanded production/delivery numbers and improving contribution margins.With H2'23 expected to record narrowing losses, it appears that its FY2024 target of positive gross margins are not overly ambitious as well.Combined with the improved economy of scale, sustained operating efficiencies, and raised FY2023 production guidance, RIVN is surprisingly a viable EV play.However, investors may want to calibrate their expectations, since GAAP profitability may not occur over the next few years, with another capital raise likely by 2025.While RIVN may be a Buy, investors may want to wait for our previous May 2023 buy recommendation point of$15s for an improved margin of safety.DoucefleurThe RIVN Investment Thesis Remains Viable, But With
A few whatsapp chats that were saying to buy it before are no longer advising, there is no insider buying occuring, and the broader market is pointing downwards. The stock has now pushed above previous resistence, and is attempting to fill the $7 gap. Any thoughts? $Reto Eco-solutions Inc.(RETO)$
The Lucid $Lucid Group Inc(LCID)$ stock price fell by -3.04% on Tuesday, 22nd Aug 2023 from $6.26 to $6.07. During the last trading day the stock fluctuated 5.70% from a day low at $5.97 to a day high of $6.31. The price has fallen in 8 of the last 10 days and is down by -15.58% for this period. Volume has increased on the last day by 9 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 29 million shares were bought and sold for approximately $176.04 million.The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.39
SummaryDespite solid demand for its AI chips, certain analysts and investors are preparing for an underwhelming earnings guidance from Nvidia Corporation following disappointing forecasts from its key suppliers.Supplier SMCI stock plummeted 23.4% following the disappointing earnings guidance numbers. Now, Nvidia’s investors fear that the stock could follow a similar fate if the chip giant offers disappointing earnings guidance.Investors need to understand that Nvidia was much better prepared for the AI revolution than any of its rivals and suppliers.Justin SullivanNvidia remains the undisputed front-runner in the artificial intelligence ("AI") race. However, in order for it to sustain its incredible stock price rally this year, the tech giant will need to prove that the AI boom is indeed t
Don't know what you are smoking but it must be some really good stuff. Either that, or you bought in and need to pump before dumping the shares you should never have bought. This company is a scam that was on the verge of bankruptcy ($30,000 in cash and almost $3 million in current debt and liabilities with annual sales of under $200,000 and never came close to making a profit. Yes, there are companies making billions in the golf market but these are large well established brands like Calloway, Ping, Taylor Made, Titleist, Cleveland Golf, Tour Edge, Mizuno, Odyssey, Wilson, Cobra, etc., etc. Not some fly by night company that can never compete with the market leaders but came up with a good marketing pitch so the insiders could bail out and collect some nice executive compensation for a fe
If they can can continue expanding while maintaining neutral to positive cash flow, I think they'll do OK.I normally pay a lot of attention to the balance sheet, but in the case of a company that, financially, is something like a REIT, balance sheets can be hard to read.They have a lot of accumulated depreciation holding down their asset valuations while the actual value of several hundred thousand miles of active rights-of-way for fiber has more likely been appreciating.Acquiring those rights of way, etc. would be nearly impossible, today. Certainly it would be several times the cost of a decade or two ago.When a cost that is mostly land, or very long term rights, has been depreciated to half its original value (as seems to be the case with LUMNs balance sheet) it can lead to significant
SummaryAmazon has outperformed the market and is expected to see growth reacceleration in its retail and AWS businesses.Q2 2023 earnings exceeded expectations, with revenue increasing by 10.9% YoY and EPS beating estimates.The company's retail sales are recovering as in-store shopping demand returns to normalized levels, and its advertising business is also seeing good growth.AWS is also benefiting to recent innovations in generative AI.Margin outlook is positive, and valuations are reasonable.HJBCInvestment ThesisAmazon.com, Inc. $Amazon.com(AMZN)$ has outperformed the broader markets since my previous bullish article where I talked about the company's potential reacceleration in growth. In line with my expectations, the company posted good last
The Proterra Inc. $Proterra Inc.(PTRA)$ stock price fell by -88.31% on Tuesday, 8th Aug 2023 from $1.43 to $0.167. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 190.62% from a day low at $0.152 to a day high of $0.443. The price has fallen in 6 of the last 10 days and is down by -88.31% for this period. Volume has increased on the last day by 184 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 186 million shares were bought and sold for approximately $31.14 million.The stock has broken the very wide and strong rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning
SummaryAmazon's 2Q FY2023 results show promising signs of growth rebound in its online stores segment, contributing to improved total revenue.The company's focus on operational efficiency and cost management has led to an impressive expansion of the operating margin.While concerns persist about the significant deceleration in AWS growth compared to its competitors like Azure and Google Cloud, the management believes AWS has stabilized.Considering AMZN's non-GAAP P/E Fwd of 26x, the valuation multiple can expand further as the current multiple is not overly stretched.Noah BergerInvestment ThesisDespite facing a 67% drop in adjusted net income in FY2022 due to the prolonged impact of higher labor costs from the pandemic disruption, Amazon $Amazon.com(AM
The Snowflake $Snowflake(SNOW)$ stock price gained 3.49% on Friday, 4th Aug 2023, rising from $161.05 to $166.67. During the last trading day the stock fluctuated 4.46% from a day low at $165.09 to a day high of $172.44. The price has fallen in 6 of the last 10 days and is down by -5.25% for this period. Volume fell on the last day by -27 thousand shares and in total, 7 million shares were bought and sold for approximately $1.22 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the cu