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28 Nov - ST - Morning Newsletter (with survey at top and bottom)

4 Hot Stocks to Start Your Week

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Good Morning!Futures for US stock indices are falling on Monday as investors assess the negative sentiment in the stock markets of China, according to trading data and an analyst's comment.Futures for the Dow Jones Industrial Index (DJIA) are down 0.49% to 34,190 points, futures for the NASDAQ high-tech index are down 0.77%, to 11,691.75 points, for the S&P 500 broad market index - by 0.69%, up to 4004.75 points.The dynamics of futures on the US stock markets indicates that the indices themselves will open trading on Monday with a decrease: traders paid attention to the closing of the Asia-Pacific stock markets in the red zone. Investor sentiment is influenced by large-scale protests over the weekend against anti-COVID measures in China, introduced by the authorities in connection with new large-scale outbreaks of the virus in the country.Additionally, investors are anticipating important macroeconomic data from the US this week. According to analysts, unemployment in November reached 3.7% on an annual basis.

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Today Top Movers

Taboola.com Ltd. (TBLA) stock soared 38.59% to $2.55 in the pre-market trading after Yahoo and Taboola (TBLA) announced that they have entered into a 30-year, exclusive commercial agreement.

Pinduoduo Inc. (NASDAQ: PDD) shares are trading up 14.6% at $75.35 at the time of writing. The company announced its unaudited financial results for the third quarter ended September 30, 2022.

Univar Solutions Inc. (UNVR) grew over 11.29% at $34.5 in pre-market trading today. The company recently announced that it has received a preliminary indication of interest from Brenntag SE regarding a potential transaction.

Talkspace Inc. (TALK), a Medical Care Facilities company, rose about 45.43% at $0.8726 in pre-market trading Monday after Amwell announced to purchase Talkspace for about $200 million.

Own the Next Major US Gold Discovery for Just US$1 Per Share

Smart investors are making an absolute killing on select gold stocks as inflation soars. But what's the safest and smartest way to invest? Here's an under-the-radar Canadian gold company that's zeroing in on the next major US gold discovery… trading at an insanely low US$1 per share.

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Top Upgrades & Downgrades

Morgan Stanley turned bullish on BorgWarner Inc. (BWA), upgrading the stock to "Equal Weight" and assigning a $45 price target, representing potential upside of 6.53% from Friday's close.

BRF S.A. (BRFS) has won the favor of Barclays' equity research team. The firm upgraded the shares from Underweight to Equal Weight and moved their price target to $2.50, suggesting 28.30% additional upside for the stock.

Coherent Corp (COHR) received an upgrade from analysts at Deutsche Bank, who also set their one-year price target on the stock to $50. They changed their rating on COHR to Buy from Hold in a recently issued research note.

Earlier Monday Morgan Stanley reduced its rating on Williams-Sonoma Inc. (WSM) stock to Underweight from Equal Weight and assigned the price target to $100.

Barclays analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Tyson Foods Inc. (TSN) has been changed to Underweight from Equal Weight and the new price target is set at $58.

Analysts at Jefferies downgraded XPeng Inc. (XPEV)'s stock to Underperform from Hold Monday.

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Latest Insider Activity

Tricida Inc. (TCDA) Director ORBIMED ADVISORS LLC announced the sale of shares taking place on Nov 25 at $0.22 for some 3,629,226 shares. The total came to more than $0.8 million.

Flex Ltd. (FLEX) Group President Hartung Michael P sold on Nov 25 a total 1,728 shares at $21.00 on average. The insider’s sale generated proceeds of almost $36292.0.

BitNile Holdings Inc. (NILE) 10% Owner BitNile Holdings, Inc. declared the purchase of shares taking place on Nov 22 at $4.79 for some 4,100 shares. The transaction amount was around $19636.0.

Energy Transfer LP (ET) Executive Chairman WARREN KELCY L bought on Nov 22 a total 500,000 shares at $12.36 on average. The purchase cost the insider an estimated $6.18 million.

Rare Metal Discovery: Tiny Sub-$0.25 Stock Set to Deliver Gains

Smart investors are blowing away Wall Street's so-called experts on clean energy stocks. And with the green-energy revolution in full-swing, the near-term gains could be absolutely life-changing. The timing is dead-on accurate with this sub-US$0.25 stock securing an ultra-rare clean energy resource on North American soil that China doesn't want us to have.

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Important Earnings

Top US earnings releases scheduled for today include Anavex Life Sciences Corp. (NASDAQ: AVXL). It will announce its Sep 2022 financial results. The company is expected to report earnings of -$0.16 per share from revenues of $N/A in the three-month period.

Analysts expect Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) to report a net income (adjusted) of -$0.16 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2022 is predicted to come in at $50.44M.

The AZEK Company Inc. (AZEK), due to announce earnings after the market closes today, is expected to report earnings of $0.17 per share from revenues of $288.41M 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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