- Stocks Telegraph
- Posts
- 4 May - NH - Morning Newsletter (with survey at top and bottom)
4 May - NH - Morning Newsletter (with survey at top and bottom)
4 Value Stocks Taking Off This Morning
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!
On May 3, the main US stock markets ended in the green zone. The S&P 500 rose 0.48% to 4175 points, the Dow Jones added 0.20%, the Nasdaq rose 0.22%. Manufacturers of cyclical consumer goods (-0.29%) looked worse than the market. The growth leaders were the energy (+2.87%) and financial sectors, as well as the real estate industry (+1.25%).Company news
Activist investor Elliott Investment Management called on Western Digital Corporation (WDC: +14.47%) to spin off or sell its flash memory business.
Livent Corporation (LTHM: +2.57%) posted a quarterly net income of $53.2 million after a loss of $0.8 million generated a year earlier.
The CFO of Hilton Worldwide Holdings Inc (HLT: -4.15%) sees the company's EBITDA recovering to pre-pandemic levels this year.
Four Trades to Watch
Predictive analysis is revolutionizing the trading space as we know it.
With high-accuracy forecasting, traders can dodge losses and squeeze the most out of their trade entries and exits.
Check out today's deep dive into Four Trades to Watch to see the tricks and tips you may not know about.
Today Top Movers
Livent Corporation (LTHM) stock soared 22.26% to $26.8 in the pre-market trading. The company reported revenue of $143.5 million in Q1 2022, up 17% from the fourth quarter of 2021 and 56% higher compared to the prior year.
Brickell Biotech Inc. (NASDAQ: BBI) shares are trading up 22.02% at $0.2837 at the time of writing after announcing the sale of Sofpironium Bromide to Botanix Pharamaceuticals.
Advanced Micro Devices Inc. (AMD) grew over 5.89% at $96.5 in pre-market trading today after Data-Center Chip sale fuel upbeat forecast.
Airbnb Inc. (ABNB), a Travel Services company, rose about 4.97% at $152.2 in pre-market trading Wednesday after releasing Q1 2022 results.
$2 Small-Cap Uranium Stock Set for Big Gains in 2022 Bull Run
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 $2 Uranium stock for 2021-22 riches.
Top Upgrades & Downgrades
Evercore ISI Group turned bullish on Starbucks Corporation (SBUX), upgrading the stock to Outperform and assigning a $95.00 price target, representing potential upside of 27.81% from Tuesday's close.
Livent Corporation (LTHM) has won the favor of Cowen & Co.'s equity research team. The firm upgraded the shares from Market Perform to Outperform and moved their price target to $33.00, suggesting 50.34% additional upside for the stock.
The Scotts Miracle-Gro Company (SMG) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $130.00. They changed their rating on SMG to Overweight from Neutral in a recently issued research note.
Earlier Wednesday Stifel reduced its rating on Restaurant Brands International Inc. (QSR) stock to Hold from Buy and assigned the price target to $58.00.
Baird analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Akamai Technologies Inc. (AKAM) has been changed to Neutral from Outperform and the new price target is set at $102.00.
Analysts at Credit Suisse downgraded IAMGOLD Corporation (IAG)'s stock to Underperform from Neutral Wednesday.
Lithium Triangle a "Treasure Trove" for the Popular Energy Metal
Lithium is the most precious commodity of the green revolution, and experts predict an exploding demand for the energy metal. Surrounded by multi-billion dollar assets, one little-known small-cap company in a renowned location in South America may become a strong link in the lithium supply chain due to a monster acquisition.
Latest Insider Activity
Robinhood Markets Inc. (HOOD) Chief Executive Officer Tenev Vladimir announced the sale of shares taking place on May 02 at $10.14 for some 115,026 shares. The total came to more than $1.17 million.
Snap Inc. (SNAP) General Counsel O'Sullivan Michael J. sold on Apr 29 a total 12,500 shares at $29.38 on average. The insider’s sale generated proceeds of almost $0.37 million.
Intel Corporation (INTC) EVP, CFO Zinsner David declared the purchase of shares taking place on May 03 at $44.73 for some 5,500 shares. The transaction amount was around $0.25 million.
General Motors Company (GM) Executive Vice President & CFO Jacobson Paul A bought on Apr 28 a total 35,000 shares at $38.79 on average. The purchase cost the insider an estimated $1.36 million.
Don't Miss Your Chance to Get Rich in the 2022 Gold Bull Market
Gold is soaring. And smart investors are jumping into the small-cap gold sector where outsized returns are being fueled by a rising tide for precious metals in the face of rampant inflation and geopolitical turmoil. This small-cap gold explorer is trading undiscovered below US$0.25 per share. It's drilling now and already hitting high-grade gold plus silver.
Important Earnings
Top US earnings releases scheduled for today include Pfizer Inc. (NYSE:PFE). It will announce its Mar 2022 financial results. The company is expected to report earnings of $1.47 per share from revenues of $23.86B in the three-month period.
Analysts expect Teva Pharmaceutical Industries Limited (NYSE: TEVA) to report a net income (adjusted) of $0.55 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Mar 2022 is predicted to come in at $3.75B.
Paramount Global (PARA), due to announce earnings before the market opens today, is expected to report earnings of $0.51 per share from revenues of $7.38B 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.