- Stocks Telegraph Morning
- Posts
- Oct - 24 - NH - Morning Newsletter (with survey at top and bottom)
Oct - 24 - NH - Morning Newsletter (with survey at top and bottom)
Unmasking 4 Stocks with Potential Upsurge
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!
On Tuesday, stock futures ascended, with investors directing their attention toward a fresh influx of earnings reports, while also closely tracking the latest developments in Treasury yields. Futures linked to the Dow Jones Industrial Average surged by 114 points, marking a 0.3% rise. Simultaneously, S&P 500 futures and Nasdaq 100 futures demonstrated robust gains of 0.5% each.The week ahead promises an eventful earnings season, with approximately 30% of S&P 500 companies slated to unveil their financial results. Notably, this season has already outperformed Wall Street's expectations, with around 19% of S&P 500 companies having already reported their earnings. Among them, a staggering three-quarters have notched earnings that have surpassed the projections of analysts, as revealed by FactSet.In the preceding session, both the Dow and S&P 500 experienced slight declines of about 0.6% and 0.2%, respectively. In contrast, the tech-laden Nasdaq Composite managed to conclude the day with a gain of approximately 0.3%, as investors exhibited strong interest in the technology sector in anticipation of pivotal earnings releases.
Two Legendary Stock Pickers Reveal No. 1 Tech Pick for 2023
They picked Nvidia before its stunning 669% rise. Now they're unveiling the biggest tech investment opportunity in years – a tiny, little-known microcap stock ready to pop.
Sponsored
Today Top Movers
Ault Alliance Inc (AULT) stock soared 23.84% to $0.2 in the pre-market trading after announcing preliminary third quarter revenue of over $52.5 million.
Ascent Solar Technologies Inc (NASDAQ: ASTI) shares are trading up 94.14% at $1.92 at the time of writing following the declaration from the company that the initial concept paper submitted for DE-FOA-0003057: Bipartisan Infrastructure Law: Silicon Solar Manufacturing, and Dual-use Photovoltaics Incubator has been reviewed and received an “Encouraged” decision from the Department of Energy (DOE).
AERWINS Technologies Inc (AWIN) grew over 66.93% at $0.1903 in pre-market trading today following the 8-K filing with the SEC.
Microstrategy Inc. (MSTR), a Software - Application company, rose about 9.14% at $411.99 in pre-market trading Tuesday as the company’s bet on bitcoin (BTC-USD) became profitable with the recent crypto rally.
This DeFi Coin Could 10x Soon... I Advise You Get In Now!
I'm urging all of my followers - do NOT miss this opportunity for life-changing gains this year. Experts are predicting this coin has potential for unprecedented growth.
Even a small position could deliver 10x returns or greater very soon. Timing is everything.
Top Upgrades & Downgrades
Jefferies turned bullish on Golden Ocean Group Limited (GOGL), upgrading the stock to "Buy" and assigning a $11 price target, representing potential upside of 40.31% from Monday's close.
Braze Inc (BRZE) has won the favor of DA Davidson's equity research team. The firm upgraded the shares from Neutral to Buy and moved their price target to $53, suggesting 20.45% additional upside for the stock.
American Express Co. (AXP) received an upgrade from analysts at Piper Sandler, who also set their one-year price target on the stock to $151. They changed their rating on AXP to Neutral from Underweight in a recently issued research note.
Earlier Tuesday Goldman Sachs reduced its rating on FMC Corp. (FMC) stock to Neutral from Buy and assigned the price target to $59.
William Blair analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Sealed Air Corp (SEE) has been changed to Market Perform from Outperform.
Analysts at Needham downgraded Engagesmart Inc (ESMT)'s stock to Hold from Buy Tuesday.
New Nanotech Repels Even the Strongest Superbugs
A little-known company is developing a new nanotechnology that instantly repels viruses, bacteria, and even the strongest superbugs. It's being described as 'the most innovative invention to have a positive impact on the future'. And you have a chance to get in on the company early - before it potentially starts down the path to commercialization.
Sponsored
Latest Insider Activity
Cytek BioSciences Inc (CTKB) Chief Technology Officer Yan Ming announced the sale of shares taking place on Oct 19 at $4.80 for some 20,000 shares. The total came to more than $96000.0.
Dexcom Inc (DXCM) EVP Managing Director Dexcom V Pacelli Steven Robert sold on Oct 23 a total 411 shares at $85.75 on average. The insider’s sale generated proceeds of almost $35243.0.
Carnival plc ADR (CUK) Director WEISENBURGER RANDALL J declared the purchase of shares taking place on Oct 19 at $11.50 for some 100,000 shares. The transaction amount was around $1.15 million.
Carnival Corp. (CCL) Director WEISENBURGER RANDALL J bought on Oct 19 a total 100,000 shares at $11.50 on average. The purchase cost the insider an estimated $1.15 million.
Investors Find Rich Oil Soil
Not many industries boast an over 25% CAGR. And even fewer companies can say they have a meaningful position in such an industry.
One firm managed to seize a rare opportunity. Pure profit streams are projected at over $13M per project and a potential 60 projects per year. With $792M in forecasted profit, they may not have only created a giant opportunity, but they may become a giant themselves.
Sponsored
Important Earnings
Top US earnings releases scheduled for today include Snap Inc (NYSE:SNAP). It will announce its Sep 2023 financial results. The company is expected to report earnings of -$0.04 per share from revenues of $1.11B in the three-month period.
Analysts expect Alphabet Inc (NASDAQ:GOOG) to report a net income (adjusted) of $1.36 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2023 is predicted to come in at $71.56B.
Microsoft Corporation (MSFT), due to announce earnings after the market closes today, is expected to report earnings of $2.5 per share from revenues of $51.4B 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.