groovix

Invest like the market never goes down

    • groovixgroovix
      ·2023-08-29

      $AI stock analysis

      The C3.ai stock price gained 1.11% on Friday, 25th Aug 2023, rising from $28.83 to $29.15. During the last trading day the stock fluctuated 5.90% from a day low at $28.10 to a day high of $29.76. The price has been going up and down for this period, and there has been a -11.51% loss for the last 2 weeks. Volume fell on the last day by -11 million shares and in total, 12 million shares were bought and sold for approximately $347.39 million. 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 lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $28.00 is broken, i
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      $AI stock analysis
    • groovixgroovix
      ·2023-08-24

      SoFi Technologies: Massive Runway For Growth, Just Getting Started

      SummaryThanks to the elevated interest rate environment, SOFI has generated another quarter of robust net interest income and net interest margin, temporarily negating the growing delinquencies.The SoFi Bank has largely contributed to its profitability flywheel as well since the growing deposits allowed 50% of its loans to be funded internally by FQ2'23.Due to the student loan refinancing tailwinds, the management has raised its FY2023 guidance, demonstrating its high growth cadence.SOFI still has a massive runway for growth, due to its well-diversified fintech offerings and highly sticky deposit/ member base, with an improved upside after the correction.Investors may continue adding the SOFI stock, depending on their dollar cost averages and risk tolerance.RomoloTavaniThe SOFI Investment
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      SoFi Technologies: Massive Runway For Growth, Just Getting Started
    • groovixgroovix
      ·2023-08-22

      Nikola Stock Forecast

      The Nikola stock price fell by -22.96% on Monday, 21st Aug 2023 from $1.96 to $1.51. During the last trading day the stock fluctuated 21.09% from a day low at $1.47 to a day high of $1.78. The price has fallen in 6 of the last 10 days and is down by -36.82% for this period. Volume has increased on the last day by 47 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, 101 million shares were bought and sold for approximately $151.96 million.Given the current short-term trend, the stock is expected to rise 116.75% during the next 3 months and, with a 90% probability hold a price between $3.27 and $8.21 at the end of this 3-month period.NKLA Signals & ForecastThere are few to no technical positi
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      Nikola Stock Forecast
    • groovixgroovix
      ·2023-08-21

      Nikola Corporation: Sell On Disappointing Guidance And Open Market Sales Overhang

      SummaryAfter setting a new 52-week low in early June, shares of ailing zero-emission transportation start-up Nikola Corporation have become the latest favorite of the momentum crowd.At its peak at the beginning of August, the stock was up by more than 600% over the last two months on massive volume.On 4th August, Nikola reported second quarter results essentially in line with previous guidance but lowered full-year expectations substantially.Based on projected cash outflows for the second half of the year and recent's substantial increase to the company's Equity Distribution Agreement with Citigroup, I fully expect Nikola to capitalize on the recent momentum by aggressively selling new shares into the open market.Given the company's disappointing near-term outlook, aggressive long-ter
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      Nikola Corporation: Sell On Disappointing Guidance And Open Market Sales Overhang
    • groovixgroovix
      ·2023-08-18
      I've been betting on this stocks downfall, with great profits. but I know when I gotta tap out. tomorrow may be the last day, it either hits the 168.5 resistance and breaks it and the downtrend continues for a few more days, or it goes past 176.3 and the climb begins. we are definitely reaching the pivot point. I wouldnt count on it going down further beyond next week and onward until 2024, once it reaches 215-220. Shorts should be weary at this stage. Longs should consider the pivot point to be near and buy in. Just friendly advice. $Apple(AAPL)$
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    • groovixgroovix
      ·2023-08-17

      Tesla Needs A Narrative Change

      SummaryTesla, Inc. has lost over $225 billion in market cap in the last four weeks.The surprise departure of CFO Zach Kirkhorn has raised concerns about Tesla's leadership.Price cuts and delays in new product releases have analysts worried about Tesla's margins and earnings.skynesherOver the last four weeks, one of the biggest losers in the stock market has been Tesla, Inc. $Tesla Motors(TSLA)$. After nearly climbing back over $300, shares of the electric vehicle giant have lost more than $225 billion in market cap. While one of the reasons for the fall came out of the blue, there are some self-inflicted wounds that have investors selling right now. Today, I want to look at why shares have dropped and what Tesla needs to do to get shares
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      Tesla Needs A Narrative Change
    • groovixgroovix
      ·2023-08-10

      PDD Holdings: A High-Quality Business Traded At Discount

      SummaryPDD has demonstrated impressive financial performance with rapid top-line growth and strong profitability metrics.The company has a strong financial position with a substantial net cash position and almost no leverage.Based on my valuation analysis, PDD stock is attractively valued.Zhong ZhiInvestment thesisDue to the high political and geopolitical risks inherent to Chinese companies, mostly all of the notable entities listed in the U.S. are trading with very attractive valuations. But it is important to select high-quality businesses trading at a discount. PDD Holdings $Pinduoduo Inc.(PDD)$ is one of them. The company demonstrated stellar revenue growth over the past five years, with impressive profitability metrics. The company owns an ex
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      PDD Holdings: A High-Quality Business Traded At Discount
    • groovixgroovix
      ·2023-08-08

      Tyson Foods: Proceed With Caution Ahead Of Q3 Earnings Release

      SummaryInvestors may see the 36% decline in stock price over the last year as an opportunity to invest in a long-standing dividend stock but should remain cautious of weakening margins.The company, the world's second-largest processor and marketer of beef, chicken, and pork, is struggling with low gross profit margins for chicken, beef, and pork in FY 2023.Despite an upward trend in revenue and net income over the long term, headwinds have weakened the outlook for FY 2023.nitrub/iStock via Getty ImagesTyson Foods, Inc. (NYSE:TSN), the world's second-largest processor and marketer of beef, chicken and pork, is facing a difficult situation as all three of its meat products are expected to have near zero or negative gross profit margins, a trend not seen in a decade. This has led to a 35.95%
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      Tyson Foods: Proceed With Caution Ahead Of Q3 Earnings Release
    • groovixgroovix
      ·2023-08-07

      Unity Stock Forecast

      The Unity $Unity Software Inc.(U)$ stock price fell by -2.31% on Friday, 4th Aug 2023 from $41.12 to $40.17. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 5.46% from a day low at $39.90 to a day high of $42.08. The price has fallen in 7 of the last 10 days and is down by -9.71% 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 -5 million shares and in total, 10 million shares were bought and sold for approximately $418.89 million.Given the current short-term trend, the stock is expected to rise 61.53% during the next 3 months and, with a 90% probability hold a price between $64.89 and $84.
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      Unity Stock Forecast
    • groovixgroovix
      ·2023-08-07

      Fortinet: Overreaction To A Predictable Miss

      SummaryFortinet's hardware backlog is exhausted, leading to a decline in product revenue growth.Service revenue growth is still strong though, particularly for the OT security and SD-WAN businesses.Fortinet's stock now looks far more reasonably valued, although there could still be downside risk if product sales continue to disappoint.Just_SuperFortinet's $Fortinet(FTNT)$ second quarter results appear to have caught the market off guard, with the stock correcting violently to the downside. Fortinet's earnings were actually quite strong though, outside of the fact that its hardware backlog is now exhausted and as a result product revenue growth is falling off a cliff. This was always a high probability event though, given that the pandemic lik
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      Fortinet: Overreaction To A Predictable Miss
     
     
     
     

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