19 may - morning newsletter

Trade These 4 Stocks Today!

May 19, 2021

Good Morning!

Yesterday, the specter of inflation scared the stock indices again. The S&P 500 lost 0.85% and closed the trading day at 4,127 points. During the night, the ES future (S&P 500) fell another 0.48%. Nasdaq 100 was down 0.72% to 13,217 points. The future on the technology index (NQ) also lost 0.55% this night. The Dow Jones closed 0.78% lower at 34,060 points. It goes without saying that the Dow Jones future (YM) also fell, for the time being it is 0.44% lower. Yesterday Janet Yellen made himself heard again. She urged the companies to pay more taxes so that Joe Biden's infrastructure plan can be funded. Taking it a step further, she also said that more power must go to the unions and that stronger global competition is a desirable scenario. Wall Street does not seem so convinced of this plan, given the sharp drop in a short period of time.

Investors Get Green-Light on US$0.25 Per Share Uranium StockUranium prices are on a tear amid global mine shutdowns in the face of the coronavirus pandemic which has now forced nearly 50% of global uranium production offline. Select US uranium stocks are poised to deliver big gains to investors. Here's a little-known company that has quietly amassed over 45 million lbs of high-grade uranium resources - all on US soil - and trading below US$0.25 per share.More details here...

Today Top Movers

LightPath Technologies Inc. (LPTH) stock soared 16.67% to $2.73 in the pre-market trading. The company today declared that optical elements manufactured by our subsidiary, ISP Optics, is supporting the Mars Curiosity Rover's efforts in the NASA Science Exploration Program.

Advaxis, Inc. (ADXS) shares are trading up 26.99% at $0.61 at the time of writing. The company is currently developing three internal therapeutic programs ADXS-503 (Phase 1/2), ADXS-504 (Phase 1 expected in 2Q ’21), and ADXS-PSA (Phase 2)

Futu Holdings Limited (FUTU) grew over 3.65% at $128.93 in pre-market trading today after releasing its unaudited financial results for the first quarter ended March 31, 2021. The firm reported that total revenue in the first quarter increased 349.4% year-over-year to $283.6 million.

Target Corporation (TGT), a Discount Stores company, rose about 4.17% at $215.04 in pre-market trading Wednesday after beating estimates for quarterly same-store sales.

Profit on the Global EV Boom with This #1 InvestmentInvestors are making an absolute killing on the global Electric Vehicle (EV) boom by investing directly in the world's future suppliers of lithium, aka the "white petroleum.” The global lithium battery market is now on pace to eclipse $100 Billion by 2024. Here's a US$0.15 stock that just secured a major lithium asset in a mining region responsible for half of our planet's lithium production.

Top Upgrades & Downgrades

Deutsche Bank turned bullish on UBS Group AG (UBS), upgrading the stock to "Buy" from Hold.

Baozun Inc (BZUN) has won the favor of Credit Suisse's equity research team. The firm upgraded the shares from Neutral to Outperform and moved their price target to $41.

Cognex Corporation (CGNX) received an upgrade from analysts at Raymond James, who also set their one-year price target on the stock to $120. They changed their rating on CGNX to Strong Buy from Outperform in a recently issued research note.

Earlier Wednesday UBS reduced its rating on Wells Fargo & Co (WFC) stock to Neutral from Buy and assigned the price target to $47.

Redburn analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Ferrari NV (RACE) has been changed to Neutral from Buy.

Analysts at Desjardins downgraded Americas Gold and Silver Corporation (USAS)'s stock to Hold from Buy Wednesday.

Top Crypto Analyst Issues Warning Coinbase - the world's largest digital currency exchange - just went public.But this IPO is not the best way to make money in crypto in 2021.Instead folks need to get in on a handful of valuable crypto plays...3 of which I just named in a brand new free report, "3 Cryptos to Beat Bitcoin."

Latest Insider Activity

Freeport-McMoRan Inc. (FCX) Director FORD GERALD J announced the sale of shares taking place on May 17 at $43.23 for some 20,800 shares. The total came to more than $0.9 million.

3D Systems Corporation (DDD) EVP, Healthcare Solutions Ellis Menno sold on May 17 a total 123,313 shares at $22.49 on average. The insider’s sale generated proceeds of almost $0.24 million.

TherapeuticsMD Inc. (TXMD) Director Thompson Tommy G declared the purchase of shares taking place on May 14 at $1.06 for some 5,000 shares. The transaction amount was around $5300.0.

Eloxx Pharmaceuticals Inc. (ELOX) Director PAREKH RAJESH B bought on May 13 a total 4,827,129 shares at $1.35 on average. The purchase cost the insider an estimated $3.33 million.

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Important Earnings

Top US earnings releases scheduled for today include Cisco Systems Inc. (NASDAQ:CSCO). It will announce its Apr 2021 financial results. The company is expected to report earnings of $0.82 per share from revenues of $12.56B in the three-month period.

Analysts expect KE Holdings Inc. (NYSE:BEKE) to report a net income (adjusted) of $0.15 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Mar 2021 is predicted to come in at $2.88B.

L Brands Inc. (LB), due to announce earnings after the market closes today, is expected to report earnings of $1.21 per share from revenues of $3.01B recently concluded three-month period.

That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team

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