- Stocks Telegraph
- Posts
- 20 Mar - NH - Morning Newsletter (with survey at top and bottom)
20 Mar - NH - Morning Newsletter (with survey at top and bottom)
Get the Inside Scoop on 4 Hot Stocks
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!In response to the Swiss government's forced takeover of Credit Suisse by UBS on Monday, U.S. stock futures declined, signaling governments' latest attempt to curtail the banking crisis. A total of 153 points, or 0.5%, fell from the Dow Jones Industrial Average futures. Futures on the S&P 500 and Nasdaq-100 declined by 0.4% and 0.2%, respectively.Following Silicon Valley Bank's collapse earlier this month, regional banks are still under pressure to shore up their deposit bases, keeping investors on edge. Despite U.S. regulators' backing of SVB's uninsured deposits and offering new funding for troubled banks a week ago, many industry observers believe that additional steps will need to be taken to restore confidence in the banking sector.Amid investors shift back to technology stocks that are poised to benefit from a lower interest rate environment, the S&P 500 and Nasdaq Composite closed higher for the week last week. On the other hand, the Dow fell 0.15% for the week.
This Gold Company is Poised for Significant Upside This Year
GOLD INVESTORS - with gold prices on the rise, this company is ideally positioned. Significant gold mineralization has recently been discovered at their flagship Nevada project.
Sponsored
Today Top Movers
Boxed Inc. (BOXD) stock soared 59.41% to $0.161 in the pre-market trading following an SEC Form 10-K filing.
New York Community Bancorp Inc. (NYSE: NYCB) shares are trading up 13.46% at $7.42 at the time of writing after annoucing that its bank subsidiary, Flagstar Bank, N.A. has acquired certain assets and assumed certain liabilities of Signature Bridge Bank from the Federal Deposit Insurance Corporation.
Connect Biopharma Holdings Limited (CNTB) grew over 24.55% at $1.37 in pre-market trading today. The company recently announced that data from Stage 1 of the ongoing pivotal CBP-201 China trial in moderate-to-severe atopic dermatitis (AD) showed rapid relief from symptoms, as early as week one in some cases, and no efficacy plateau at Week 16.
Ault Alliance Inc. (AULT), a Aerospace & Defense company, rose about 22.11% at $0.1099 in pre-market trading Monday after announcing its intention to launch an exchange offer for up to 333,333,333 shares of its common stock for up to 5,000,000 shares of preferred stock with a stated value of $10.00 per share.
How He Bagged One Of The Top Trading Records…
The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you.
Sponsored
Top Upgrades & Downgrades
Keefe, Bruyette & Woods turned bullish on New York Community Bancorp Inc. (NYCB), upgrading the stock to Outperform and assigning a $10.5 price target, representing potential upside of 60.55% from Friday's close.
Conagra Brands Inc. (CAG) has won the favor of Deutsche Bank's equity research team. The firm upgraded the shares from Sell to Hold and moved their price target to $35.
U.S. Bancorp (USB) received an upgrade from analysts at Baird, who also set their one-year price target on the stock to $52. They changed their rating on USB to Outperform from Neutral in a recently issued research note.
Earlier Monday Baird reduced its rating on Diversey Holdings Ltd. (DSEY) stock to Neutral from Outperform and assigned the price target to $8.5.
Credit Suisse analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Pear Therapeutics Inc. (PEAR) has been changed to Neutral from Outperform and the new price target is set at $1.
Analysts at Oddo Securities downgraded UBS Group AG (UBS)'s stock to Underperform from Neutral Monday.
The Ultimate Passive Income Play
The #1 income play for 2023 is NOT a stock, bond or private company... Rather, it's a little-known alternative investment that could hand you big monthly income from oil and gas.
Sponsored
Latest Insider Activity
Prothena Corporation plc (PRTA) Chief Accounting Officer Walker Karin L announced the sale of shares taking place on Mar 15 at $48.42 for some 20,000 shares. The total came to more than $0.97 million.
Utz Brands Inc. (UTZ) 10% Owner CC Collier Holdings, LLC sold on Mar 17 a total 1,500,000 shares at $16.66 on average. The insider’s sale generated proceeds of almost $24.99 million.
Matador Resources Company (MTDR) Director PARKER TIMOTHY E. declared the purchase of shares taking place on Mar 16 at $43.52 for some 4,500 shares. The transaction amount was around $0.2 million.
Ring Energy Inc. (REI) CEO and Chairman of the Board McKinney Paul D. bought on Mar 16 a total 50,000 shares at $1.78 on average. The purchase cost the insider an estimated $89,000.
5 Stocks On Our Radar...
We've uncovered new profit opportunities emerging. In fact, there are 5 stocks on our radar.
Sponsored
Important Earnings
Top US earnings releases scheduled for today include ProFrac Holding Corp. (NASDAQ: ACDC). It will announce its Dec 2022 financial results. The company is expected to report earnings of $0.88 per share from revenues of $799.08M in the three-month period.
Analysts expect Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) to report a net income (adjusted) of -$0.2 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2022 is predicted to come in at $23.92M.
Flotek Industries Inc. (FTK), due to announce earnings after the market closes today, is expected to report earnings of -$0.07 per share from revenues of $51.3M 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.