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- 19 Jan - NH - Morning Newsletter (with survey at top and bottom)
19 Jan - NH - Morning Newsletter (with survey at top and bottom)
Checkout These 4 Hot Stocks for Thursday Trading
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Good Morning!Wall Street looks set to extend losses on Thursday, while safe-haven assets like bonds and gold are on the rise, with concerns over the health of the economy mounting. Sentiment has been affected by new signals of a deteriorating US economy, including statistics showing retail sales fell more than expected and industrial production declined.Futures on the S&P 500 fell 12 points, or 0.3%, to 3934. The Dow Jones Industrial Average futures experienced a decline, falling 125 points, or 0.4%, to 33261. The Nasdaq 100 futures also saw a slight drop, losing 18 points, or 0.2%, to 11458. The previous day, Wednesday, saw a significant drop in the Dow Jones Industrial Average, falling 392 points, or 1.14%, to 33911, while the S&P 500 dropped 8 points, or 0.2%, to 3991. The Nasdaq Composite was the only index to see a gain, increasing 16 points, or 0.14%, to 11095. This decline in the S&P 500 was the largest since December 15, shrinking its yearly gain to a mere 2.3%.
The Top 5 NASDAQ Stocks to Own for New Year 2023
Even in the worst of times, markets have rallied back. Just as they always have. So, if you're thinking of quitting the market, don't. There are plenty of bargains and hot investing ideas to jump on. In fact, here are five of our best ideas for 2023.
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Today Top Movers
Amesite Inc. (AMST) stock soared 78.12% to $0.4697 in the pre-market trading following an SEC Form filing.
Starbox Group Holdings Ltd. (NASDAQ: STBX) shares are trading up 16.17% at $3.52 at the time of writing after releasing financial results for Fiscal Year 2022.
COMSovereign Holding Corp. (COMS) grew over 9.6% at $0.0685 in pre-market trading today. The company recently issued an update regarding adjournment of annual meeting of stockholders and reminder to vote
NRx Pharmaceuticals Inc. (NRXP), a Biotechnology company, gained about 16.00% at $1.45 in pre-market trading Thursday after providing progress update on interactions with the FDA regarding Path to NDA Submission for NRX-101.
New "Vertical" Technology Solves Solar Power's Major Flaw
Even conservationists hate conventional solar farms. That's because they take up too much land and can degrade the environment. And let's face it, land is expensive...
Fortunately, new groundbreaking tower technology solves solar's #1 drawback. These unique vertical structures not only take up to 90% less land space, but also generate extra electric power.
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Top Upgrades & Downgrades
Jefferies turned bullish on Philip Morris International Inc. (PM), upgrading the stock to "Buy" and assigning a $118 price target, representing potential upside of 18.89% from Wednesday's close.
CureVac N.V. (CVAC) has won the favor of UBS's equity research team. The firm upgraded the shares from Neutral to Buy and moved their price target to $18, suggesting 89.87% additional upside for the stock.
iQIYI Inc. (IQ) received an upgrade from analysts at Morgan Stanley, who also set their one-year price target on the stock to $5.1. They changed their rating on IQ to Equal-Weight from Underweight in a recently issued research note.
Earlier Thursday Stifel reduced its rating on HireRight Holdings Corporation (HRT) stock to Hold from Buy and assigned the price target to $12.
Evercore ISI Group analysts reduced their investment ratings, saying in research reports covered by the media that its rating for TE Connectivity Ltd. (TEL) has been changed to In-Line from Outperform and the new price target is set at $130.
Analysts at JMP Securities downgraded Intellia Therapeutics Inc. (NTLA)'s stock to Market Perform from Market Outperform Thursday.
The Smart Way to Get Insanely Rich in the 2023 Gold Bull Market
The 2023 gold bull market has arrived as nervous investors continue to flock to the safety of the yellow metal. Yet, the biggest gains won't be in gold...they'll be in select gold stocks with proven ounces in the ground. This soon-to-be-known gold company provides investors with exposure to over 30 million ounces of gold...worth tens of $Billions...at a ridiculously low US$1 per share.
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Latest Insider Activity
Roblox Corporation (RBLX) Chief Business Officer Donato Craig announced the sale of shares taking place on Jan 17 at $37.48 for some 2,000 shares. The total came to more than $74960.0.
Halliburton Company (HAL) EVP, Secretary and CLO Beckwith Van H. sold on Jan 17 a total 4,295 shares at $42.60 on average. The insider’s sale generated proceeds of almost $0.18 million.
Clear Channel Outdoor Holdings Inc. (CCO) 10% Owner ARES MANAGEMENT LLC declared the purchase of shares taking place on Jan 13 at $1.39 for some 330,000 shares. The transaction amount was around $0.46 million.
Archer Aviation Inc. (ACHR) Director Spellacy Michael bought on Jan 13 a total 23,116 shares at $2.60 on average. The purchase cost the insider an estimated $59,998.
(Urgent) Less than $4 Biotech Announces a Breakthrough in Leukemia
Early stage Biotechs can potentially yield significant attention. Those who take interest in these companies are usually the first to notice their products that have the possibility to disrupt big markets.
One little Biotech (~ $4) just announced the deployment of a breakthrough in fusion gene map technology for the $15Bn Leukemia treatment market.
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Important Earnings
Top US earnings releases scheduled for today include KeyCorp (NYSE: KEY). It will announce its Dec 2022 financial results. The company is expected to report earnings of $0.54 per share from revenues of $1.93B in the three-month period.
Analysts expect The Procter & Gamble Company (NYSE: PG) to report a net income (adjusted) of $1.59 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2022 is predicted to come in at $20.73B.
Fifth Third Bancorp (FITB), due to announce earnings before the market opens today, is expected to report earnings of $1 per share from revenues of $2.33B 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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