- Stocks Telegraph
- Posts
- 17 Nov - ST - Morning Newsletter (with survey at top and bottom)
17 Nov - ST - Morning Newsletter (with survey at top and bottom)
4 Hot Stocks You Should Watch Today
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!Futures for US stock indices are growing weakly in anticipation of the release of a number of macroeconomic data, according to trading data.The Dow Jones Industrial Index (DJIA) is growing by 0.08%, to 33,620 points, the NASDAQ high-tech index is up 0.29%, to 11,772.75 points, the S&P 500 broad market index is up 0.13 %, up to 3974 points.Investors' attention on Thursday is focused on the upcoming statistics. Analysts believe that the number of initial claims for unemployment benefits in the US for the week to November 12 remained at the level of the previous week - 225,000 claims.At the same time, the publication of data on the number of new buildings in the country is expected. Analysts suggest that the number of new homes in the US, the construction of which began in October, fell to 1.41 million from 1.439 million in September.
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.
Today Top Movers
Ardelyx Inc. (ARDX) stock soared 76.23% to $2.15 in the pre-market trading. The company announced FDA Advisory Committee Vote that the benefits of XPHOZAH® (tenapanor) Outweigh its risks for the control of Serum Phosphorus in adult patients with chronic kidney disease on dialysis.
Elevate Credit Inc. (NYSE: ELVT) shares are trading up 66.04% at $1.76 at the time of writing after announcing that it has entered into a definitive agreement to be acquired by an affiliate of Park Cities Asset Management LLC.
Bath & Body Works Inc. (BBWI) grew over 21.29% at $38.0 in pre-market trading today. The company reported Q3 rarnings results.
Cisco Systems Inc. (CSCO), a Communication Equipment company, rose about 3.92% at $46.13 in pre-market trading Thursday after releasing Q1 financials results.
Could This Little-known Tech Company Disrupt 2 Massive Markets?
The Brightfield Group, a cann-a-bis industry data research firm, reported sales of C-B-D products could hit $11Bn by 2027.
A Zion Market Research study indicated the market size of global gynecology devices was worth $10.8Bn in 2021, estimated to pass $19.5Bn by 2028.
Pair those together and it's easy to see why this Nasdaq tech company could be the next big thing.
Top Upgrades & Downgrades
Piper Sandler turned bullish on Ardelyx Inc. (ARDX), upgrading the stock to "Overweight" and assigning a $8 price target, representing potential upside of 555.74% from Wednesday's close.
ALLETE Inc. (ALE) has won the favor of JP Morgan's equity research team. The firm upgraded the shares from Underweight to Neutral and moved their price target to $65, suggesting 1.48% additional upside for the stock.
Banco Bradesco S.A. (BBD) received an upgrade from analysts at JPMorgan. They changed their rating on BBD to Overweight from Neutral in a recently issued research note.
Earlier Thursday Evercore ISI Group reduced its rating on Principal Financial Group Inc. (PFG) stock to Underperform from In-Line and assigned the price target to $81.
Truist Securities analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Advance Auto Parts Inc. (AAP) has been changed to Hold from Buy and the new price target is set at $147.
Analysts at RBC Capital downgraded Two Harbors Investment Corp. (TWO)'s stock to Sector Perform from Outperform Thursday.
6 Stocks Under 5 Bucks
Getting stocks under $5 a share is pretty sweet... But how do you know which stocks will be the big movers? These six low-priced stocks could deliver for investors in a big way.
Latest Insider Activity
Pinterest Inc. (PINS) Executive Chairman, Co-F Silbermann Benjamin announced the sale of shares taking place on Nov 16 at $25.09 for some 123,578 shares. The total came to more than $3.1 million.
Norwegian Cruise Line Holdings Ltd. (NCLH) Pres. & CEO Del Rio Frank J sold on Nov 15 a total 58,072 shares at $18.33 on average. The insider’s sale generated proceeds of almost $1.06 million.
Elanco Animal Health Incorporated (ELAN) Director BILBREY JOHN P declared the purchase of shares taking place on Nov 11 at $13.24 for some 7,500 shares. The transaction amount was around $99267.0.
Coty Inc. (COTY) Director Goudet Olivier bought on Nov 15 a total 100,000 shares at $7.61 on average. The purchase cost the insider an estimated $760,980.
Rare Metal Discovery: Tiny Sub-$0.25 Stock Set to Deliver Gains
Smart investors are blowing away Wall Street's so-called experts on clean energy stocks. And with the green-energy revolution in full-swing, the near-term gains could be absolutely life-changing. The timing is dead-on accurate with this sub-US$0.25 stock securing an ultra-rare clean energy resource on North American soil that China doesn't want us to have.
Important Earnings
Top US earnings releases scheduled for today include Alibaba Group Holding Limited (NYSE: BABA). It will announce its Sep 2022 financial results. The company is expected to report earnings of $1.64 per share from revenues of $29.45B in the three-month period.
Analysts expect Macy's Inc. (NYSE: M) to report a net income (adjusted) of $0.19 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Oct 2022 is predicted to come in at $5.2B.
Kohl's Corporation (KSS), due to announce earnings before the market opens today, is expected to report earnings of $0.78 per share from revenues of $4.06B 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.