- Stocks Telegraph Morning
- Posts
- Sep - 29 - NH - Morning Newsletter (with survey at top and bottom)
Sep - 29 - NH - Morning Newsletter (with survey at top and bottom)
4 Stocks to Watch: Market Insights for Early Risers
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!
Stock futures are on the rise this Friday as investors gear up to bid farewell to a challenging September. Dow Jones Industrial Average futures have tacked on 136 points, marking a 0.4% increase, while Nasdaq 100 futures show a healthy 0.6% gain, and S&P 500 futures are up by 0.4%. Wall Street is emerging from a positive trading session, partly thanks to the benchmark 10-year Treasury yield pulling back from its recent 15-year peak. Nevertheless, these gains provide only a slight reprieve from the notable losses equities have suffered this month and over the quarter. All eyes are now on the impending release of the personal consumption expenditures price index (PCE), a favored metric for the Federal Reserve to gauge inflation. Economists are predicting a 3.9% year-over-year increase in the core PCE for August, along with a 0.2% monthly gain, according to Dow Jones. Furthermore, we anticipate forthcoming data regarding personal income and consumer spending.
A 10,000% Dividend?!?
This is easily the #1 Oil Play for 2023 and beyond.
Sponsored
Today Top Movers
Novo Integrated Sciences Inc (NVOS) stock soared 82.09% to $0.366 in the pre-market trading after announcing that it has signed a One Billion Dollar Master Collateral Transfer Agreement with Blacksheep Trust for the purpose and general use of monetization by Novo for a period of up to 15 years.
Blue Apron Holdings Inc (NASDAQ: APRN) shares are trading up 124.41% at $12.32 at the time of writing following the announcement of a merger agreement with Wonder Group, founded by entrepreneur Marc Lore, reshaping the future of at-home dining and food delivery.
Opko Health Inc (OPK) grew over 7.33% at $1.61 in pre-market trading today following the news of ModeX Therapeutics Inc., its subsidiary, securing a contract with BARDA to address viral infectious diseases.
Nike Inc. (NKE), a Footwear & Accessories company, rose about 7.61% at $96.45 in pre-market trading Friday after reporting fiscal 2024 first quarter results.
Elon Musk's "ChatGPT" Could Soon Mint New Millionaires
Elon Musk made $180 million on PayPal when he revolutionized online payment processing.
$47 billion on SpaceX, when he revolutionized space exploration.
And $94.2 billion on Tesla, when he revolutionized the auto industry.
He's about to shock the world again with his version of ChatGPT.
And you could go along for the ride if you make this one simple move.
Sponsored
Top Upgrades & Downgrades
Jefferies turned bullish on Ball Corp. (BALL), upgrading the stock to "Buy" and assigning a $64 price target, representing potential upside of 32.86% from Thursday's close.
Trimble Inc (TRMB) has won the favor of Raymond James's equity research team. The firm upgraded the shares from Market Perform to Outperform and moved their price target to $65, suggesting 24.02% additional upside for the stock.
Baytex Energy Corp (BTE) received an upgrade from analysts at BMO Capital, who also set their one-year price target on the stock to $5.5. They changed their rating on BTE to Outperform from Market Perform in a recently issued research note.
Earlier Friday Wolfe Research reduced its rating on Resmed Inc. (RMD) stock to Peer Perform from Outperform.
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.
Latest Insider Activity
Xerox Holdings Corp (XRX) 10% Owner ICAHN CARL C announced the sale of shares taking place on Sep 28 at $15.84 for some 34,245,314 shares. The total came to more than $542.45 million.
Pinterest Inc (PINS) Chief People Officer Deputy Christine sold on Sep 27 a total 14,896 shares at $26.08 on average. The insider’s sale generated proceeds of almost $0.39 million.
Coda Octopus Group Inc. (CODA) 10% Owner Emerson John Steven declared the purchase of shares taking place on Sep 27 at $6.03 for some 150,000 shares. The transaction amount was around $0.9 million.
MasterCraft Boat Holdings Inc (MCFT) 10% Owner Coliseum Capital Management, L bought on Sep 28 a total 132,146 shares at $22.07 on average. The purchase cost the insider an estimated $2.92 million.
Free Stock Analysis Report: What's Your Stock Really Worth?
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation.
Sponsored
Important Earnings
Carnival Corp. (NYSE:CCL). It will announce its Aug 2023 financial results. The company is expected to report earnings of $0.75 per share from revenues of $6.69B in the three-month period.
Analysts expect Trinity Biotech Plc ADR (NASDAQ:TRIB) to report a net income (adjusted) of -$0.09 per share, when the company releases its quarterly results Tuesday. Revenue for the fiscal quarter ended Jun 2023 is predicted to come in at $13.5M.
Cal-Maine Foods Inc. (CALM), due to announce earnings after the market closes Tuesday, is expected to report earnings of $0.33 per share from revenues of $479.52M 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.