24 Nov - Morning Newsletter (with changes)

Good Morning!

Trading on November 23 at the main American stock markets ended mainly in the green zone. The S&P 500 Index added 0.17%, reaching 4690 points. The Dow Jones was the top gainer, gaining 0.55% while the Nasdaq was down 0.50%. There was an outflow of capital from “growth” securities to the “value” company. Power engineering companies (+ 3.04%) outperformed the market as a whole against the backdrop of rising oil prices. The underdogs included the sector of cyclical consumer goods (-0.63%), the main drop in which was caused by the correction of Tesla shares (TSLA: -4.13%), and telecoms (-0.4%).Company news

• A federal jury found Walmart (WMT: + 0.71%), CVS Health (CVS: + 0.70%) and Walgreens Boots Alliance (WBA: + 0.15%) guilty of developing the opioid crisis in two Ohio counties.

• JM Smucker (SJM: + 5.7%) raised its revenue guidelines for 2022 as part of its third quarter report.

• Zoom Video Communications (ZM: -14.7%) is correcting its share despite stronger-than-expected quarterly results.

$0.25 Uranium Stock Controls Key Canadian Assets as Uranium Soars

Small-cap Uranium stocks are soaring. Most have already doubled as Uranium cranks higher. But that's nothing compared to the gains ahead in the new Uranium bull market. The last time we saw something like this, well-positioned investors made 10X, 100X and up to 1,000X their money. We've uncovered the top $0.25 Uranium stock for 2021-22 riches.

Smart investors will not be hesitating on this one.

Today Top Movers

BIOLASE Inc. (BIOL) stock soared 29.76% to $0.545 in the pre-market trading after receiving 180-day extension from Nasdaq to meet minimum bid price requirement.

Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: IINN) shares are trading up 37.41% at $3.93 at the time of writing after releasing its financial results for the third quarter ended September 30, 2021.

HP Inc. (HPQ) grew over 7.49% at $34.6 in pre-market trading today after announcing fiscal 2021 net revenue of $63.5 billion, up 12.1% from the prior-year period.

Futu Holdings Limited (FUTU), a Capital Markets company, rose about 2.19% at $55.5 in pre-market trading Wednesday. The company reported an 83.0% increase in revenues to HK$1,731.1 million (US$222.4 million), from HK$946.2 million in the third quarter of 2020.

The Top 5 Stocks to Own Now for 2022

When it comes to investing, one of your top goals has been to achieve financial freedom.

So, it stands to reason your money should ideally be able to generate above-market returns with below market risk. After all, that's how real wealth is created. To help, we put together a list of five of the top stocks we believe could do quite well heading into New Year 2022.

Click Here to Download the FREE Report

Top Upgrades & Downgrades

Telsey Advisory Group turned bullish on Dollar Tree Inc. (DLTR), upgrading the stock to Outperform and assigning a $175.00 price target, representing potential upside of 20.93% from Tuesday's close.

Chevron Corporation (CVX) has won the favor of RBC Capital's equity research team. The firm upgraded the shares from Sector Perform to Outperform and moved their price target to $145.00, suggesting 24.68% additional upside for the stock.

Just Eat Takeaway.com N.V. (GRUB) received an upgrade from analysts at JP Morgan. They changed their rating on GRUB to Overweight from Neutral in a recently issued research note.

Earlier Wednesday Baird reduced its rating on Titan Machinery Inc. (TITN) stock to Neutral from Outperform and assigned the price target to $41.00.

Jefferies analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Nordstrom Inc. (JWN) has been changed to Hold from Buy and the new price target is set at $30.00.

Analysts at Piper Sandler downgraded Anaplan Inc. (PLAN)'s stock to Neutral from Overweight Wednesday.

2021 Investor Alert: Amazon, Google, And Facebook Stockpile Strange Gas

This odorless, colorless gas is critical for every piece of technology you own. However, the world's supply is running dangerously low. This is the time for investors to get in before the mainstream media.

Click HERE To See Why Big Tech Is Hoarding This Gas

Latest Insider Activity

NVIDIA Corporation (NVDA) Director STEVENS MARK A announced the sale of shares taking place on Nov 22 at $342.58 for some 58,000 shares. The total came to more than $19.87 million.

Tesla Inc. (TSLA) CEO Musk Elon sold on Nov 23 a total 1,929,970 shares at $1081.58 on average. The insider’s sale generated proceeds of almost $240.88 million.

PayPal Holdings Inc. (PYPL) Director DORMAN DAVID W declared the purchase of shares taking place on Nov 23 at $186.47 for some 1,547 shares. The transaction amount was around $0.29 million.

Zomedica Corp. (ZOM) Director POWERS JOHNNY D bought on Nov 18 a total 1,500,000 shares at $0.45 on average. The purchase cost the insider an estimated $112,500.

Investor Alert: "Cooling Gas Shortage" Threatens SpaceX

SpaceX (and many other tech giants) are buying up helium like crazy. And that's because the world is running out of this incredibly valuable gas! In fact, prices have already skyrocketed by 160% in the past few years...

But This Company Made A Canadian Discovery That's Changing Everything

Important Earnings

Top US earnings releases scheduled for today include Centogene N.V. (CNTG). It will announce its Sep 2021 financial results. The company is expected to report earnings of -$0.55 per share from revenues of $31.66M in the three-month period.

Analysts expect Deere & Company (NYSE:DE) to report a net income (adjusted) of $3.9 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Oct 2021 is predicted to come in at $10.44B.

Banco BBVA Argentina S.A. (BBAR), due to announce earnings after the market closes today, is expected to report earnings of $0.14 per share from revenues of $227.48M in the 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!

Share

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.