Nov - 10 - NH - Morning Newsletter (with survey at top and bottom) (copy 01)

Illuminate Your Investment: 4 Stocks Shining Bright Today

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Good Morning!

U.S. stock futures declined on Monday following Moody’s Investors Service's decision to revise the U.S. credit rating outlook from stable to negative. Dow Jones Industrial Average futures dropped by 6 points, while futures linked to the S&P 500 and Nasdaq-100 both saw a decrease of around 0.2%. Investors are closely monitoring October's monthly federal budget and the Federal Reserve Bank of New York's October consumer expectations survey. Fed Governor Lisa Cook is set to deliver remarks on Monday morning, anticipating the release of the monthly consumer price index data on Tuesday. Despite two consecutive weeks of gains, with the S&P 500 rising by 1.3%, and the Dow and Nasdaq gaining around 0.7% and 2.4%, respectively, concerns about the credit rating outlook influenced the pre-market sentiment.

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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Today Top Movers

LQR House Inc (LQR) stock soared +15% to $0.1035 in the pre-market trading after announced the Pricing of $11 Million Public Offering.

Oncternal Therapeutics Inc (NASDAQ: ONCT) shares are trading up +20.69% at $0.35 at the time of writing soon after provided a business update and reported third quarter 2023 financial results. Company’s 52-week ranged between $0.26 to $1.33. Analysts have a consensus price target of $14.

SenesTech Inc (SNES) grew over +77.32% at $0.4229 in pre-market trading today after declared financial results for the third quarter of 2023.

FREYR Battery (FREY), a Electrical Equipment & Parts company, rose about +23.33% at $1.85 in pre-market trading Monday after published a letter to shareholders co-authored by Co-Founder and Executive Chairperson Tom Einar Jensen and Chief Executive Officer Birger Steen.

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

Citigroup turned bullish on HP Inc (HPQ), upgrading the stock to "Buy" and assigning a $$33 price target, representing potential upside of 16.3% from Monday's close.

Noah Holdings Ltd ADR (NOAH) 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 36.72% additional upside for the stock.

Axis Capital Holdings Ltd (AXS) received an upgrade from analysts at Keefe, Bruyette & Woods, who also set their one-year price target on the stock to $66. They changed their rating on AXS to Outperform from Market perform in a recently issued research note.

Earlier Monday B of A Securities reduced its rating on Enact Holdings Inc (ACT) stock to Buy from Neutral and assigned the price target to $30.

Citigroup analysts reduced their investment ratings, saying in research reports covered by the media that its rating for 2U Inc (TWOU) has been changed to Neutral from Buy.

Analysts at Cantor Fitzgerald downgraded Omeros Corporation (OMER)'s stock to Neutral from Overweight on Monday.

The New Billion-Dollar Monster

Can a beverage turn into billions? When you have the right team, it's possible.

The CEO that's already had a 350x Monster success in the beverage industry is about to take another swing with the perfect pitch at the perfect time.

With a huge 77% market share in his crosshairs, this founder has carved a lucrative niche in an $86B market.

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Latest Insider Activity

Core & Main Inc (CNM) 10% Owner CD&R Investment Associates X, announced the sale of shares taking place on Nov 09 at $30.44 for some 22,125,728 shares. The total came to more than $673.51 million.

Qualcomm, Inc. (QCOM) Chief Technology Officer THOMPSON JAMES H sold on Nov 09 a total 10,000 shares at $120.11 on average. The insider’s sale generated proceeds of almost $1.2 million.

SoFi Technologies Inc (SOFI) Chief Executive Officer Noto Anthony declared the purchase of shares taking place on Nov 09 at $6.78 for some 44,000 shares. The transaction amount was around $0.3 million.

Wells Fargo & Co. (WFC) Director DAVIS RICHARD K bought on Nov 09 a total 3,500 shares at $41.22 on average. The purchase cost the insider an estimated $144,270.

The 5 Billion Barrel Oil Ocean

A company just grabbed a precious parcel of land, one beat ahead of a $300B industry mogul. One firm's huge miss gives $13M in profits per project to a new "upstart" company. If you can call a company who's leadership has decades of experience an upstart.

This is a unique opportunity for growth in a sector traditionally considered monopolized.

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Important Earnings

Top US earnings releases scheduled for today include AECOM (NYSE:ACM). It will announce its Sep 2023 financial results. The company is expected to report earnings of $0.98 per share from revenues of $3.69B in the three-month period.

Analysts expect Azenta Inc (NASDAQ:AZTA) to report a net income (adjusted) of $0.02 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2023 is predicted to come in at $163.74M.

Star Bulk Carriers Corp (SBLK), due to announce earnings after the market closes today, is expected to report earnings of $0.36 per share from revenues of $162.01M 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.