Aug - 25 - NH - Morning Newsletter (with survey at top and bottom)

Unlocking Opportunities: 4 Stocks to Consider for Today's Gains

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Good Morning!

U.S. Stock Futures Ascend as Investors Await Powell's Jackson Hole Address.Anticipation is in the air on Wall Street as U.S. stock futures climb in the lead-up to Federal Reserve Chairman Jerome Powell's eagerly awaited Jackson Hole speech.Futures linked to the Dow Jones Industrial Average edge up by 76 points, a 0.2% increase. Meanwhile, S&P 500 futures see a 0.2% advance, and Nasdaq-100 futures show a modest 0.1% uptick.After a somewhat lackluster session, where an early surge spurred by robust Nvidia earnings failed to hold, the S&P 500 and Nasdaq find themselves in the midst of their most substantial single-day declines since August 2nd. At the same time, the Dow experiences its most notable setback since March.Thursday's downturn aside, both the S&P 500 and Nasdaq retain their weekly gains of 0.2% and 1.3% respectively. Should these two indices close the week on a positive note, they would successfully snap a three-week losing streak.

Free Report: Three of the Top NASDAQ Stocks to Buy Under $10

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Today Top Movers

Crown ElectroKinetics Corp. (CRKN) stock soared 26.4% to $1.58 in the pre-market trading. The company provided second quarter business update.

YS Biopharma Co. Ltd. (NASDAQ: YS) shares are trading up 50.19% at $1.17 at the time of writing after announcing purchase of shares by Company Officers.

Affirm Holdings Inc. (AFRM) grew over 8.62% at $15 in pre-market trading today after releasing fourth quarter and fiscal year 2023 results.

Better Home & Finance Holding Co (BETR), a Mortgage Finance company, jumped about 32.17% at $1.52 in pre-market trading Friday. The company recently announced closing of business combination.

Could This Tiny, sub-$5 Stock Be the Biggest AI Opportunity of 2023?

For investors, this may be the biggest tech opportunity you'll see in your lifetime. (HINT: It's not who you think.)

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Top Upgrades & Downgrades

Loop Capital turned bullish on Netflix Inc. (NFLX), upgrading the stock to "Buy" and assigning a $500 price target, representing potential upside of 22.87% from Thursday's close.

Abercrombie & Fitch Co. (ANF) has won the favor of Morgan Stanley's equity research team. The firm upgraded the shares from Underweight to Equal-Weight and moved their price target to $51, suggesting 1.07% additional upside for the stock.

Ardelyx Inc. (ARDX) received an upgrade from analysts at Cantor Fitzgerald, who also set their one-year price target on the stock to $10. They changed their rating on ARDX to Overweight from Neutral in a recently issued research note.

Earlier Friday RBC Capital reduced its rating on Clarivate Plc (CLVT) stock to Sector Perform from Outperform and assigned the price target to $8.

Deutsche Bank analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Digital Realty Trust Inc. (DLR) has been changed to Hold from Buy and the new price target is set at $131.

Analysts at Deutsche Bank downgraded Frontline plc (FRO)'s stock to Hold from Buy Friday.

His system isolated NVIDIA - Here's His Next Buy

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Latest Insider Activity

Cloudflare Inc. (NET) President and COO Zatlyn Michelle announced the sale of shares taking place on Aug 24 at $63.22 for some 12,820 shares. The total came to more than $0.81 million.

Confluent Inc. (CFLT) Chief Technology Officer Verbowski Chad sold on Aug 22 a total 8,745 shares at $32.14 on average. The insider’s sale generated proceeds of almost $0.28 million.

Geron Corporation (GERN) Director O'Farrell Elizabeth G. declared the purchase of shares taking place on Aug 24 at $2.28 for some 6,607 shares. The transaction amount was around $15064.0.

ADMA Biologics Inc. (ADMA) Director KWON YOUNG bought on Aug 24 a total 25,000 shares at $3.90 on average. The purchase cost the insider an estimated $97,500.

Put These 4 "Cheap Stocks" on Your Radar...

When you're on a budget, finding amazing stocks that are also affordable can be a challenge.

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Important Earnings

Top US earnings releases scheduled for today include Akebia Therapeutics Inc. (NASDAQ:AKBA). It will announce its Jun 2023 financial results. The company is expected to report earnings of -$0.02 per share from revenues of $59.1M in the three-month period.

Analysts expect Hibbett Inc. (NASDAQ:HIBB) to report a net income (adjusted) of $0.73 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Jul 2023 is predicted to come in at $376.11M.

51Talk Online Education Group (COE), due to announce earnings before the market opens today, is expected to report earnings of $0 per share from revenues of $79.7M 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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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.