Trading Ideas

Shares in daily-deal site Groupon (GRPN) rose 4% after-hours on Tuesday after the company reported earning results that surpassed the Street’s very low expectations.Specifically, first quarter non-GAAP EPS of -$1.63 beat Street estimates by $0.28 while revenue of $374.15M beats by $22.45M. Nonetheless revenue still plunged 35.3% year-over-year, while GAAP EPS of -$7.53 fell short of Street expectations by $4.11.Total Gross Billings of $526.66M also represented a significant year-over-year drop of 31.5%, while gross profit was $201.2 million in the first quarter 2020, down 34%.“COVID-19 has had a major impact on our business and we have moved quickly to position …read more […]

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(Bloomberg) — Nintendo Co.’s stock has found a 1-Up in an unexpected place.Shares in the videogame maker have climbed to a new two-year high, driven by rising fears of a coronavirus second wave. With cases expanding worldwide including in the U.S. and China, the stock has broken out of its two-month plateau. Nintendo’s Switch console-handheld hybrid was one of the hit products during global lockdowns, buoyed by the success of laid-back social simulator Animal Crossing: New Horizons.“The stock had been struggling the past two months with demand for stay-at-home stocks dropping as the economy re-opened and the state of emergency …read more […]

Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of demand. Brent crude futures were down 89 cents, or 2.2%, at $40.07 a barrel as of 0348 GMT, and U.S. West Texas Intermediate (WTI) futures fell $1.13, or 2.9%, to $37.25 a barrel. Both benchmarks rose more than 3% on Tuesday, after the International Energy Agency (IEA) raised its 2020 oil demand forecast to 91.7 million barrels per day (bpd) and U.S. …read more […]

(Bloomberg) — Apple Inc.’s head of diversity and inclusion Christie Smith is leaving the iPhone company, according to people familiar with the matter.Last week, Chief Executive Officer Tim Cook said Apple is launching a $100 million Racial Equity and Justice Initiative, adding to the company’s response to the police killing of George Floyd last month. Earlier this month, Cook wrote in a letter to employees and customers that society needs to do more to push equality, particularly for Black people.“To create change, we have to reexamine our own views and actions in light of a pain that is deeply felt …read more […]

San Diego-based Qualcomm is the biggest supplier of processors for smartphones and the modem chips that connect the phones to wireless data networks. The company’s chips featuring fifth-generation (5G) cellular telecommunications technology are currently in many premium-priced smartphones such as Samsung Electronics Co Ltd’s Galaxy devices. …read more […]

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […] …read more […]

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the first quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]

Following his appearance before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell will testify before the House Financial Services Committee Wednesday. …read more […]

Beyond Meat (BYND) has been one of 2020’s star performers. A sparkling recent earnings report, and several promising international deals have acted as catalysts for the stock’s outstanding performance. To wit, shares have increased by 100% since the turn of the year.The company’s CEO Ethan Brown recently presented at William Blair’s 40th Annual Growth Stock Conference and firm analyst Jon Andersen was there to get the lowdown.In a challenging macro environment, Beyond’s products appear to be holding up well.For the four-week period leading up to May 17, the company’s sales grew by 134%, compared to the overall plant-based category’s also …read more […]

Could the least exciting bit of Elon Musk’s empire end up being the most transformative? …read more […]

In 2019, this was a $51 billion market…
And right now, demand has never been higher.
In the month of May, sales shot up 170%.
One firm just reported a 1,000% increase in bookings in April.
And in my newest Trade Talk Tuesdays video, I tell you the best way to play it.
The extra trade to make on Tuesday, June 23, is revealed below…

For full instructions on how to play picks like this, join me in The War Room!
The post Make This Exact Trade on Tuesday, June 23 appeared first on Investment U. …read more […]

When I was a kid, my grandfather was fond of reminding me that “a bird in the hand is worth two in the bush.”
What does that mean?
That something you already possess is more valuable than something you think might be better but have a less certain chance of you actually getting.
When it comes to valuing automobile manufacturers, investors today could use a lesson from my grandfather. Let me explain…
Market capitalization shows that today’s investors value hypothetical cash flow much more highly than cash flow that many companies are already producing.
Let me show you what I mean…
A Futuristic Play Already Valued …read more […]

The last five years have been one unstoppable ride to the summit for chipmaker Advanced Micro Devices (AMD). Simultaneously closing the gap between its traditionally bigger rivals, Intel and Nvidia, and itself, the CPU/GPU maker is now most definitely a force to be reckoned with.Following an investor call with the company, Nomura analyst David Wong sees no reason to change tack when considering AMD as an investment.The 5-star analyst has a Buy rating on AMD shares to go along with a $64 price target. The implication for investors? Potential upside of 18% from current levels. (To watch Wong’s track record, …read more […]