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- Nov - 10 - NH - Morning Newsletter (with survey at top and bottom)
Nov - 10 - NH - Morning Newsletter (with survey at top and bottom)
Rising Stars: 4 Stocks to Watch as the Market Opens
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On Friday, S&P 500 futures showed little change as traders monitored Treasury yields following the end of the index's eight-day winning streak. Slight declines were observed in S&P 500 and Nasdaq 100 futures, while Dow Jones Industrial Average futures inched up by 0.1%. Trade Desk witnessed a nearly 30% drop due to weak Q4 revenue guidance, and Plug Power plummeted 25% due to a wider-than-expected Q3 loss and revenue miss. The market faced selling pressure after Federal Reserve Chair Jerome Powell expressed uncertainty about the central bank's efforts against inflation. As the week concludes, the S&P 500 and Dow are set for modest losses of 0.3% and 0.5%, while the Nasdaq is poised for a 0.3% gain for the week.
A 10,000% Dividend?!?
This is easily the #1 Oil Play for 2023 and beyond.
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Today Top Movers
TRACON Pharmaceuticals Inc (TCON) stock soared 109.38% to $0.335 in the pre-market trading after reporting third quarter 2023 financial results.
Marpai Inc (NASDAQ: MRAI) shares are trading up 71.96% at $0.6512 at the time of writing following the SEC filing.
INVO Bioscience Inc (INVO) grew over 31% at $0.9 in pre-market trading today after announcing commencement of Waiver Solicitation from Holders of the Company's common stock purchase warrants.
AVITA Medical Inc (RCEL), a Medical Devices company, rose about 23.99% at $12.25 in pre-market trading Friday after releasing third quarter financial results with 51% revenue growth.
Forget Nvidia, Buy Elon's Supplier Instead
In 2015, Teeka recommended shares of Nvidia and wrote:
"Nvidia is poised to become the next tech giant because of its pioneering work in the field of artificial intelligence."
Anyone who listened to him had a chance to make gains as high as 5,246%.
He just issued a new buy alert on this other AI company that's most likely supplying Elon Musk with a key piece of technology for his new AI venture.
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Top Upgrades & Downgrades
B. Riley Securities turned bullish on Telos (TLS), upgrading the stock to Buy and assigning a $4.5 price target, representing potential upside of 51.52% from Thursday's close.
Teck Resources Ltd (TECK) has won the favor of Wolfe Research's equity research team. The firm upgraded the shares from Peer Perform to Outperform.
Celldex Therapeutics Inc. (CLDX) received an upgrade from analysts at Wells Fargo, who also set their one-year price target on the stock to $27. They changed their rating on CLDX to Equal-Weight from Underweight in a recently issued research note.
Earlier Friday JP Morgan reduced its rating on Topgolf Callaway Brands Corp (MODG) stock to Neutral from Overweight and assigned the price target to $13.
Wells Fargo analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Hawaiian Electric Industries, Inc. (HE) has been changed to Underweight from Equal-Weight and the new price target is set at $8.5.
Analysts at Cantor Fitzgerald downgraded 2U Inc (TWOU)'s stock to Neutral from Overweight Friday.
Early Profit-Advantage on 40-cent Uranium Stock as Prices Soar
Uranium just blew past decade highs and it's going higher still. The stocks within it, particularly the small-caps, are heading to the stratosphere. Investors are lining up for the windfall of a lifetime. The last time we saw something like this, uranium prices roared all the way to $140. Well-timed investors could make 10X, 20X and even 30X gains.
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Latest Insider Activity
Clearwater Analytics Holdings Inc (CWAN) 10% Owner WCAS XII CARBON ANALYTICS ACQU announced the sale of shares taking place on Nov 09 at $17.31 for some 11,245,500 shares. The total came to more than $194.66 million.
Expensify Inc (EXFY) Chief Executive Officer Barrett David Michael sold on Nov 08 a total 30,000 shares at $1.80 on average. The insider’s sale generated proceeds of almost $54000.0.
Hain Celestial Group Inc (HAIN) President and CEO Davidson Wendy P declared the purchase of shares taking place on Nov 09 at $10.92 for some 15,000 shares. The transaction amount was around $0.16 million.
Align Technology, Inc. (ALGN) President and CEO HOGAN JOSEPH M bought on Nov 09 a total 5,194 shares at $192.50 on average. The purchase cost the insider an estimated $999,845.
This is the AI Game Changer!
"It's a complete game changer," - Teeka Tiwari
Elon Musk's newest AI venture will help trigger the biggest boom in history...And give you a chance to completely transform your financial future.
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Important Earnings
Top US earnings releases scheduled for today include Banco Bradesco S.A. ADR (NYSE:BBD). It will announce its Sep 2023 financial results. The company is expected to report earnings of $0.09 per share from revenues of $6.26B in the three-month period.
Analysts expect StoneCo Ltd (NASDAQ:STNE) to report a net income (adjusted) of $0.22 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2023 is predicted to come in at $610.17M.
Cia Paranaense De Energia Copel ADR (ELP), due to announce earnings before the market opens today, is expected to report earnings of $0.12 per share from revenues of $809.87M 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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