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- 16 Nov - NH - Morning Newsletter (with changes)
16 Nov - NH - Morning Newsletter (with changes)
4 Hot Stocks to Trade Today
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Good Morning!
Futures on US stock indexes changed little on Tuesday in anticipation of internal statistics, according to trading data.Futures on the Dow Jones Industrial Average (DJIA) grew by 0.07% - up to 36033 points, on the NASDAQ high-tech index - by 0.02%, to 16191.5 points, on the broad market S&P 500 index - by 0.02%, to 4679.5 points.Later on Tuesday in the United States will be published a series of statistics reflecting the state of the country's economy, in particular, the impact of high inflation on the purchasing power of the population.Thus, the US Department of Commerce is to publish data on retail sales in October. Analysts are forecasting a 1.1% monthly increase in retail sales.In addition, the US Federal Reserve System (FRS) is to publish data on industrial production in the country in October. Experts suggest that the indicator on a monthly basis rose 0.7% after declining 1.3% a month earlier.
Lithium Triangle a "Treasure Trove" for the Popular Energy Metal
Lithium is the most precious commodity of the green revolution, and experts predict an exploding demand for the energy metal. Surrounded by multi-billion dollar assets, one little-known small-cap company in a renowned location in South America may become a strong link in the lithium supply chain due to a monster acquisition.
Today Top Movers
Kezar Life Sciences Inc. (KZR)
stock soared 60.52% to $13.5 in the pre-market trading. The most recent rating by William Blair, on July 16, 2018, is an Outperform. Kezar Life Sciences Announces Interim Results from the MISSION Phase 2 Trial in Patients with Lupus Nephritis.
BIMI International Medical Inc. (NASDAQ: BIMI)
shares are trading up 65.39% at $1.08 at the time of writing. Company’s 52-week ranged between $0.53 to $2.81. BIMI International Medical Inc. Announces Third Quarter 2021 Financial Results.
Creatd Inc. (CRTD)
grew over 22.68% at $3.84 in pre-market trading today as the company reported financial results for its three- and nine-month periods ended September 30, 2021.
REE Automotive Ltd. (REE)
, a Recreational Vehicles company, rose about 11.22% at $4.66 in pre-market trading Tuesday. The firm Unveils Leopard, a Fully Autonomous Concept Vehicle Based on REE’s Modular EV Platform.
Quickest Path to Riches in the 2021 Gold Bull Market Revealed
Gold is booming and smart investors are already cashing in on the #1 Gold Investment of 2021. Yet, you haven't missed the boat. As the Biden administration blows up the federal deficit with $6 Trillion in spending, gold will be the biggest beneficiary as inflation soars.
Top Upgrades & Downgrades
Goldman Sachs turned bullish on Allegiant Travel Company (ALGT), upgrading the stock to "Buy" and assigning a $250.00 price target, representing potential upside of 24.71% from Tuesday's close.
Millicom International Cellular S.A. (TIGO) has won the favor of New Street Research's equity research team. The firm upgraded the shares from Neutral to Buy and moved their price target to $48.00, suggesting 23.46% additional upside for the stock.
Tricida Inc. (TCDA) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $7. They changed their rating on TCDA to Neutral from Underweight in a recently issued research note.
Earlier Tuesday Goldman Sachs reduced its rating on Southwest Airlines Co. (LUV) stock to Neutral from Buy and assigned the price target to $59.00. With shares trading at around $49.13, the Wall Street firm thinks Southwest Airlines Co.'s stock could add than 22.64%.
Barclays analysts reduced their investment ratings, saying in research reports covered by the media that its rating for NorthWestern Corporation (NWE) has been changed to Underweight from Equal-Weight.
Analysts at Atlantic Equities downgraded Robinhood Markets Inc. (HOOD)'s stock to Neutral from Overweight on Tuesday.
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Latest Insider Activity
Tesla Inc. (TSLA) CEO Musk Elon announced the sale of shares taking place on Nov 15 at $1015.85 for some 148,195 shares. The total came to more than $150.54 million.
PayPal Holdings Inc. (PYPL) President and CEO SCHULMAN DANIEL H sold on Nov 12 a total 198,550 shares at $206.38 on average. The insider’s sale generated proceeds of almost $2.06 million.
Omega Healthcare Investors Inc. (OHI) Director Anand Kapila K declared the purchase of shares taking place on Nov 15 at $28.32 for some 1,000 shares. The transaction amount was around $28318.0.
Athenex Inc. (ATNX) CEO and Chairman of the Board LAU JOHNSON YIU NAM bought on Nov 15 a total 3,265,959 shares at $2.12 on average. The purchase cost the insider an estimated $10,600.
Leaked tax return reveals secret to pocketing $460,164...
Official tax return reveals how one trader nabbed annual gains of 228%, 309% and 339%. His tax return was released online, exposing this simple trading technique used to pocket nearly half a million in profits.
Important Earnings
Top US earnings releases scheduled for today include Walmart Inc. (NYSE:WMT). It will announce its Oct 2021 financial results. The company is expected to report earnings of $1.4 per share from revenues of $135.6B in the three-month period.
Analysts expect The Home Depot Inc. (NYSE:HD) to report a net income (adjusted) of $3.4 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Oct 2021 is predicted to come in at $35.01B.
Riot Blockchain, Inc. (RIOT), due to announce earnings today, is expected to report earnings of $0.25 per share from revenues of $64.89 million recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,News Heater Team
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