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  • 20 Apr - ST - Morning Newsletter (with survey at top and bottom)

20 Apr - ST - Morning Newsletter (with survey at top and bottom)

4 Hot Stocks To Watch Today

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Good Morning!

US stock indices and US government bond yields rose on Tuesday. Investors analyze the results of companies, from which they hope to get information about how businesses are surviving strong inflation.Analysts believe that US corporate profits will continue to rise despite higher costs, and these expectations are supporting stock prices amid concerns about the US Federal Reserve's plans to continue raising interest rates to fight inflation.The S&P 500 rose 70.52 points, or 1.6%, to 4462.21 points, the Dow Jones Industrial Average gained 499.51 points, or 1.5%, to reach 34911.20 points, while the Nasdaq Composite, sharpened under the technology sector, rose by 287.30 points, or 2.2%, to 13619.66 points. All three indices on Tuesday showed the most positive dynamics over the past month.

Solar Flare In The ESG Market

The ESG market is set to explode in the coming years. Specifically, this company that has revolutionized EV batteries. Their solar covers are the future of EV trucking. With $500 million potential, this company seeks to dominate the ESG market with its breakthrough technology.

Today Top Movers

Clarus Therapeutics Holdings Inc. (CRXT) stock soared 24.14% to $1.8 in the pre-market trading after the company declared that new Data for JATENZO will be presented in the form of two abstracts at the Androgen Society 4th Annual Meeting.

Westwater Resources Inc. (AMEX: WWR) shares are trading up 14.11% at $1.86 at the time of writing. Alabama Gov. Kay Ivey, Congressman Mike Rogers, and numerous other state and local government officials and business leaders joined WWR and its subsidiary Alabama Graphite Products, LLC in breaking ground for the construction of the Company’s graphite processing plant in Kellyton, just outside Alexander City, Alabama.

Aurora Mobile Limited (JG) grew over 13.08% at $1.21 in pre-market trading today after announcing that its subsidiary Wuhan SendCloud Technology Co., Ltd. has entered into a partnership with a market-leading global new energy vehicle manufacturer to provide email services to the automaker.

Color Star Technology Co. Ltd. (CSCW), a Entertainment company, rose about 8.82% at $0.1653 in pre-market trading Wednesday. The company recently reported that their Singaporean subsidiary, Color Metaverse Pte. Ltd., has officially entered a strategic cooperation agreement with Versatile Music International Ltd.

Free Report: 5 Stocks Set to Double

Each was hand-picked by a Zacks research expert as the #1 favorite stock to gain +100% or more in the months ahead. Previous editions of this Special Report have racked up huge gains, soaring as much as +359%, +498%, even +673%.

Top Upgrades & Downgrades

Citigroup turned bullish on Snap Inc. (SNAP), upgrading the stock to "Buy" and assigning a $50.00 price target, representing potential upside of 48.63% from Tuesday's close.

Meta Platforms Inc. (FB) has won the favor of Citigroup's equity research team. The firm upgraded the shares from Neutral to Buy and moved their price target to $300.00, suggesting 38.05% additional upside for the stock.

LegalZoom.com Inc. (LZ) received an upgrade from analysts at Citigroup, who also set their one-year price target on the stock to $20.00. They changed their rating on LZ to Buy from Neutral in a recently issued research note.

Earlier Tuesday Stifel reduced its rating on Netflix Inc. (NFLX) stock to Hold from Buy and assigned the price target to $300.00.

RBC Capital analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Kinross Gold Corporation (KGC) has been changed to Sector perform from Outperform and the new price target is set at $6.00.

Analysts at RBC Capital downgraded IAMGOLD Corporation (IAG)'s stock to Underperform from Sector Perform Wednesday.

Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing

The White House is scared of our country's lithium supply running out. That's why Biden issued executive order 14017 to figure out how to expand our lithium production. And this is GREAT news for one company who's gobbling up land in the lithium-rich Nevada desert.

Latest Insider Activity

Apple Inc. (AAPL) Senior Vice President O'BRIEN DEIRDRE announced the sale of shares taking place on Apr 18 at $164.91 for some 8,000 shares. The total came to more than $1,319,305 .

Halliburton Company (HAL) EVP & Chief Financial Officer Loeffler Lance sold on Apr 18 a total 27,912 shares at $42.00 on average. The insider’s sale generated proceeds of almost $1,172,304.

Rocket Companies Inc. (RKT) Chief Executive Officer Farner Jay declared the purchase of shares taking place on Apr 18 at $9.25 for some 21,600 shares. The transaction amount was around $199,800.

Liquidia Corporation (LQDA) Director Manning Paul B bought on Apr 18 a total 1,764,705 shares at $5.10 on average. The purchase cost the insider an estimated $8,999,996.

Watch These 5 Megatrend Stocks

Investors looking for the most attractive growth opportunities would do well to understand the world's most powerful megatrends... As well as the companies best positioned to take advantage of those trends. These 5 stocks are well-positioned to deliver a high upside to investors over the next 12 to 18 months.

Important Earnings

Top US earnings releases scheduled for today include The Procter & Gamble Company (NYSE:PG). It will announce its Mar 2022 financial results. The company is expected to report earnings of $1.29 per share from revenues of $18.73B in the three-month period.

Analysts expect Baker Hughes Company (NASDAQ: BKR) to report a net income of $0.19 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Mar 2022 is predicted to come in at $5.02B.

Abbott Laboratories (ABT), due to announce earnings before the market opens today, is expected to report earnings of $1.46 per share from revenues of $10.99B 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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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.