- Stocks Telegraph
- Posts
- 09 Nov - NH - Morning Newsletter (with survey at top and bottom)
09 Nov - NH - Morning Newsletter (with survey at top and bottom)
4 Hot Premarket Stocks To Trade Today
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!In light of ongoing uncertainty over control of the Senate and House of Representatives following the midterm elections, stock futures edged higher on Wednesday morning.Dow futures were down 14 points, while S&P 500 futures were little changed. Nasdaq 100 futures rose by 0.17%.The stock market has gained three consecutive days, so a pause may be in order. It was the third straight session that the Dow gained more than 1% on Tuesday. Some of the bounce in equity prices may be attributed to the elections, where Wall Street had expected Republicans to gain ground and create gridlock in Washington.So far, control of the houses of Congress has not been established overnight. The final two months of the year are traditionally considered a bullish period for investors after midterm elections and the political clarity they bring.In extended trading yesterday, Disney fell more than 6% after missing top and bottom line estimates for its fiscal fourth quarter.
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market.
Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
Today Top Movers
Perion Network Ltd. (PERI) stock soared 5.22% to $23.39 in the pre-market trading. The company reported another strong quarter, with 31% revenue growth and 141% growth in net Income.
NeuroBo Pharmaceuticals Inc. (NASDAQ: NRBO) shares are trading up 27.2% at $1.59 at the time of writing after announcing the closing of an underwritten public offering of units with gross proceeds of approximately $17.3 million.
AbCellera Biologics Inc. (ABCL) grew over 10.13% at $13.48 in pre-market trading today following the reports of Q3 2022 business results.
Array Technologies Inc. (ARRY), a Solar company, rose about 20.73% at $20.5 in pre-market trading Wednesday after announcing financial results for its third quarter ended September 30, 2022.
NEW: Top 11 Stocks for 2023
He found Apple at $1.49… Oracle at $0.51… Amazon at $46.
Marketwatch called him "The Advisor Who Recommended Google Before Anyone Else."
Now, investing legend Louis Navellier is revealing his Top 11 Stocks for 2023.
Top Upgrades & Downgrades
Block Inc. (SQ) has won the favor of Macquarie's equity research team. The firm upgraded the shares from Neutral to Outperform and moved their price target to $100, suggesting 59.72% additional upside for the stock.
Global Partners LP (GLP) received an upgrade from analysts at Stifel, who also set their one-year price target on the stock to $35. They changed their rating on GLP to Buy from Hold in a recently issued research note.
Piper Sandler turned bullish on 2U Inc. (TWOU), upgrading the stock to "Neutral" and assigning a $7 price target, representing potential upside of 10.06% from Monday's close.
Earlier Tuesday National Bank Of Canada reduced its rating on Ballard Power Systems Inc. (BLDP) stock to Sector Perform from Outperform and assigned the price target to $8.
Stifel analysts reduced their investment ratings, saying in research reports covered by the media that its rating for AVEO Pharmaceuticals Inc. (AVEO) has been changed to Hold from Buy and the new price target is set at $15.
Analysts at Deutsche Bank downgraded Jack in the Box Inc. (JACK)'s stock to Hold from Buy Tuesday.
US$0.25 Mining Stock Makes Big-Time Copper-Gold Discovery
With markets cratering, 401(k)s bleeding out, and inflation rising… smart investors are turning to the global mining sector — and particularly the small-cap exploration stocks that are stepping up to produce the key metals needed in the green-energy revolution. This 25-cent miner just secured the pole-position in one of the highest potential copper-gold-silver districts on the entire planet.
Latest Insider Activity
Bill.com Holdings Inc. (BILL) CFO Rettig John R. announced the sale of shares taking place on Nov 07 at $104.10 for some 6,008 shares. The total came to more than $0.63 million.
Stryker Corporation (SYK) Director Datar Srikant M. sold on Nov 07 a total 300 shares at $212.36 on average. The insider’s sale generated proceeds of almost $63707.0.
The Boeing Company (BA) President & CEO CALHOUN DAVID L declared the purchase of shares taking place on Nov 04 at $158.88 for some 25,000 shares. The transaction amount was around $3.97 million.
CME Group Inc. (CME) Director SHEPARD WILLIAM R bought on Nov 04 a total 48,645 shares at $170.00 on average. The purchase cost the insider an estimated $8.27 million.
Own the Next Major US Gold Discovery for Just US$1 Per Share
Smart investors are making an absolute killing on select gold stocks as inflation soars. But what's the safest and smartest way to invest? Here's an under-the-radar Canadian gold company that's zeroing in on the next major US gold discovery… trading at an insanely low US$1 per share.
Important Earnings
Top US earnings releases scheduled for today include Roblox Corporation (NYSE:RBLX). It will announce its Sep 2022 financial results. The company is expected to report earnings of -$0.33 per share from revenues of $686.27M in the three-month period.
Analysts expect D.R. Horton Inc. (NYSE:DHI) to report a net income (adjusted) of $5.09 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2022 is predicted to come in at $9.97B.
The Wendy's Company (WEN), due to announce earnings before the market opens today, is expected to report earnings of $0.23 per share from revenues of $538.7M recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Just go HERE and join my text message list!
Wouldn’t it be great to have a personalized solution for your investing needs? We’re adding new sections to the morning newsletter with big implications. All you have to do is share your thought about the current newsletter. If you do that, we’ll do our best to take your feedback and make it a better experience for you.
We are asking for 1 minute of your time to answer 4 questions about your experience with our newsletter. We hope to use this information to create solutions that address exactly what you need!
Thank you for your continued support.
Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.