• Stocks Telegraph
  • Posts
  • 18 Jan - NH - Morning Newsletter (with survey at top and bottom)

18 Jan - NH - Morning Newsletter (with survey at top and bottom)

4 Stocks Taking off in Today's Premarket

The Newsheater daily morning newsletter is powered by Stocks Telegraph

Help us improve newsletter by taking

Good Morning!Futures for US stock indices change little on Wednesday in anticipation of the release of a number of macroeconomic statistics in the US, according to trading data.Futures for the Dow Jones Industrial Index (DJIA) are growing by 0.04%, to 34031 points, futures for the NASDAQ high-tech index - by 0.13%, to 11640.25 points, for the S&P 500 broad market index - by 0.12%, up to 4014.25 points.Wednesday evening is expected to publish a number of macroeconomic data. Analysts believe that retail sales in the country fell by 0.8% in December after falling by 0.6% a month earlier.

(Urgent) Less than $4 Biotech Announces a Breakthrough in Leukemia

Early stage Biotechs can potentially yield significant attention. Those who take interest in these companies are usually the first to notice their products that have the possibility to disrupt big markets.

One little Biotech (~ $4) just announced the deployment of a breakthrough in fusion gene map technology for the $15Bn Leukemia treatment market.

Sponsored

Today Top Movers

Faraday Future Intelligent Electric Inc. (FFIE) stock soared 27.8% to $0.6064 in the pre-market trading after announcing strategic agreement with the City of Huanggang in Hubei Province, China and signing a new shareholder agreement with FF Global Partners LLC.

Zomedica Corp. (AMEX: ZOM) shares are trading up 12.76% at $0.3297 at the time of writing following the announcement of a strategic restructuring of its existing development and commercialization agreements with Qorvo Biotechnologies for the Company's TRUFORMA® line of products.

Cazoo Group Ltd (CZOO) grew over 10.00% at $0.3299 in pre-market trading today after releasing its preliminary financial results for the three months ended December 31, 2022.

Radian Group Inc. (RDN), a Insurance - Specialty company, rose about 18.08% at $23.38 in pre-market trading Wednesday after announcing a series of capital actions to enhance financial flexibility that were completed as of year-end 2022.

The Top 5 NASDAQ Stocks to Own for New Year 2023

Even in the worst of times, markets have rallied back. Just as they always have. So, if you're thinking of quitting the market, don't. There are plenty of bargains and hot investing ideas to jump on. In fact, here are five of our best ideas for 2023.

Sponsored

Top Upgrades & Downgrades

Evercore ISI Group turned bullish on GoDaddy Inc. (GDDY), upgrading the stock to Outperform and assigning a $103 price target, representing potential upside of 35.81% from Tuesday's close.

Oatly Group AB (OTLY) has won the favor of Mizuho's equity research team. The firm upgraded the shares from Neutral to Buy and moved their price target to $6, suggesting 123.05% additional upside for the stock.

Magellan Midstream Partners L.P. (MMP) received an upgrade from analysts at Barclays, who also set their one-year price target on the stock to $59. They changed their rating on MMP to Overweight from Equal-Weight in a recently issued research note.

Earlier Wednesday Cowen & Co. reduced its rating on YETI Holdings Inc. (YETI) stock to Market Perform from Outperform and assigned the price target to $47.

Barclays analysts reduced their investment ratings, saying in research reports covered by the media that its rating for The Williams Companies Inc. (WMB) has been changed to Equal-Weight from Overweight and the new price target is set at $37.

Analysts at Morgan Stanley downgraded International Business Machines Corporation (IBM)'s stock to Equal-Weight from Overweight Wednesday.

Huge Upside Potential With "Staggering" Solar Demand

Global solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone.

And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.

Sponsored

Latest Insider Activity

AMC Entertainment Holdings Inc. (AMC) EVP & CFO Goodman Sean D. announced the sale of shares taking place on Jan 11 at $4.68 for some 80,750 shares. The total came to more than $0.38 million.

NVIDIA Corporation (NVDA) Director STEVENS MARK A sold on Jan 13 a total 20,000 shares at $167.42 on average. The insider’s sale generated proceeds of almost $3.35 million.

CrowdStrike Holdings Inc. (CRWD) Director AUSTIN ROXANNE S declared the purchase of shares taking place on Jan 05 at $96.19 for some 35,000 shares. The transaction amount was around $3.37 million.

Coinbase Global Inc. (COIN) Director Lutke Tobias bought on Jan 10 a total 9,668 shares at $37.76 on average. The purchase cost the insider an estimated $365,064.

Huge Upside Potential With "Staggering" Solar Demand

Global solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone.

And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.

Sponsored

Important Earnings

Top US earnings releases scheduled for today include The Charles Schwab Corporation (NYSE: SCHW). It will announce its Dec 2022 financial results. The company is expected to report earnings of $1.09 per share from revenues of $5.57B in the three-month period.

Analysts expect The PNC Financial Services Group Inc. (NYSE: PNC) to report a net income (adjusted) of $3.95 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2022 is predicted to come in at $5.71B.

Prologis Inc. (PLD), due to announce earnings before the market opens today, is expected to report earnings of $0.56 per share from revenues of $1.45B 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.

Share
Tweet
Forward
Share
+1
Read Later

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.