$Sea Ltd(SE)$ SE positive trend should continue. They will show they can sustain GMV growth with higher margin cause they are #1 in SEA. Garena has turned the corner and just getting started. India relaunch around the corner. Lets Go!
$Barrick Gold Corp(GOLD)$ The world's second-largest gold miner Barrick Gold (GOLD) is gearing up to release its Q2 earnings report ahead of Monday's market open. Analysts are bullish, predicting a 45% surge in profits.Meanwhile, sell-side analysts recommend a Buy and Seeking Alpha's Quant Rating system assigns the stock a Strong Buy rating.Last month, the company provided a preliminary production update, revealing increased gold and copper output compared to the previous quarter. The miner remains confident in meeting its full-year production targets, anticipating a steady rise in output throughout the year, with a particular emphasis on the second half.Consensus EPS Estimates: $0.28Consensus Revenue Estimates: $3.13BEarnings Insight: Barrick has
$Coinbase Global, Inc.(COIN)$ I told you guys months ago to get out of coinbase that crypto was going to crash and coinbase is going to move way down. I been shorting all the mag 7 stocks and getting pitch forked for it. Get rekt buddy. I don't get these things wrong. I told you guys I understand crypto from investing in it for over a decade. High interest rates is bad for crypto. Always has been always will be. So don't cry now I warned you guys many times to get out of coinbase.
$Lumen Technologies(LUMN)$ If you look at history, Lumen is back to 1988 prices. From 1988 to 2022, Lumen traded anywhere from $9 to $49. Thats 34 years. Whoever got in at a buck was pretty lucky. Supposedly, Lumen is transforming into a growth company now with Kate in charge. I'm getting more confident in the story and can't wait to hear about the additional 7 billion in deals. Will we spike again getting us up to $10-$15? Only time will tell.
$Advanced Micro Devices(AMD)$ Even in bad years, AMD always managed to recover/have a bullish run in second half. 2021, 2022 and 2023 were very different years when you compare them, but they all had AMD overperforming in the last months of each of those years. I think 2024 will be no different, with the stock bottoming where it is now. Except this year there were no bad news, all points to AMD growing in latter 2024 and 2025: AMD is undervalued and oversold. Shorts will add to the buy orders once they cover before December.
$Occidental(OXY)$ OXY needs to sell a good hunk of CR and hit a major project milestone such as lithium production revenue to get things rolling. I just don't see DAC as being socially acceptable by progressives, nor productive enough for investors to get behind in a big way. NPWR maybe. Lithium maybe. More Permian production maybe. A JV (need more than exploratory LOIs) with ADNOC maybe. I hope I'm wrong about DAC ... they certainly have had success with pre-production commitments. But if the world wants to solve all the energy demand projected and do it fast while meeting green hurdles, it's likely the small reactor nuclear route. JMO.
$Novavax(NVAX)$ The conference call confirmed that additional deals for Matrix M and other protein vaccines “as well as egg based vaccines”. . This is massive news as it opens up huge potential revenue streams with zero dev or extra manufacturing cost. For example, the Equine vaccine market is approximately $1.8 billion. The conference call confirmed that initial testing shows that Matrix M boosts efficacy and longevity and since antigen can be reduced it makes the vaccine cheaper to make and since there’s less antigen there’s fewer/reduced side effects. There is very real potential for billions of dollars annually that Matrix M can capture. Cash Cow = Matrix M + Nuvaxovid + NanoFlu + RSV + H5N1 + R21/Matrix M + H5N1 Inhalable + Sanofi opportuniti
$Microsoft(MSFT)$ Stock splits make shares more marketable and liquid in the market. Studies have shown that stocks that have split can outperform the broader market in the year following the split and in the years that follow
$Shopify(SHOP)$ The money was made selling at $92. You clowns didn’t sell did you? I guess you haven’t learned from the past. lol. Recession is what most believe is going to happen. If they believe it, they will slow spending. The subscription rev increase came mostly from fee increases, not growth in customers. But you don’t care, now it continues the fall and you’re baggies again. lol. Today was a good day but it didn’t even close above where it was a few weeks ago. The macro has collapsed since then . I look fwd to buying some tech after the rout. Until then Telus it is.
$Walt Disney(DIS)$ So there will be a pop in the price when Disney releases their numbers... they'll put a positive spin on mediocre numbers (as they always do) then after a day or two after investors digest the numbers, the stock will crash back down...as it has done for the last 6 earnings releases. And that's best case scenario. If WW3 starts soon in Iran/Israel, then look out below. Even if earnings are as expected, the PE will be an absurd 75!