Good Monday morning traders and investors of the r/stocks sub! Welcome to the new trading week and a fresh start! Here are your pre-market stock movers & news on this Monday, June 10th, 2023-
Stock futures are flat ahead of key inflation data this wee
Currently, these two sectors look like the best bets for long-term, outsized gains:
Small Caps:
- S&P 600 (small cap) valuations are at their lowest point since 2008 and the COVID-19 sell-off in 2020.
- The current valuation gap between the S&P 500 and the S&P 600 is the biggest since the dot-com crash in 2001.
- A year or so after the dot-com crash, the forward earnings multiples of the S&P 500 an
Pfizer's own guidance, and its analysts expectations, guide for the company to make about $3.50 earnings this year and moving closer to $4 next year.
This estimate takes into account the fact paxlovid and MRNA vaccine income is substantially reduced now.
The long term industry average forward PER over 20 years for the healthcare sector in the USA is 15.5x. (That includes deeply indebted and troubled companies, in which regard Pfizer is better
Big banks begin earnings season this week as analysts’ estimates are down 16% in the past six months. Analysts have been concerned about loan volumes and a sluggish environment for deal making that is weighing on revenue. Comments from bank CEOs could ease some of the pessimism.
• The SPDR S&P Bank exchange-traded fund is down 19% for the year so far, compared with the 14% gain in the S&P 500 and a 31% gain in the tech-heavy Nasdaq. Bank stocks ha
I have a very small portfolio, about 14k. Over the last few years I lost a very, very substantial amount of money as a % of my portfolio making stupid trades. Mostly trying to be too cute with long dated call options that went terribly in the wrong direction and expired worthless, credit spreads, chasing some WSB tickers. Basically trading like I'm in a literal casino.
The last 18 months or so I've mostly gotten back on the right track and have be
The Nasdaq 100 index is set to adjust the weighting of its 100 components, with the "magnificent seven" stocks Microsoft (MSFT), Apple, Nvidia (NVDA), Tesla (TSLA), Google parent Alphabet (GOOGL), Meta Platforms (META)
Looking for the best EV manufacturer, infrastructure and charging stocks to buy.
Currently have a small position in Lucid as well as exposure to Tesla through a large position in the Nasdaq 100.
Looking at ON Semiconductors and Chargepoint as well as various auto manufacturers for a small position but unsure how to go about doing in depth research and analysis and comparisons.
Any advice or suggestions would be appreciated.
Citi analysts upgraded shares of Nintendo (OTC:NTDOY) to Buy from Neutral ahead of its Q1 results, raising the price target on the stock to ¥8,100 from ¥6,200 (¥1 = $0.0069) in a note to clients Thursday.
The analysts told investors that they are looking for Nintendo profit growth amid the transition to new hardware.
"We have had many chances to meet with Nintendo management, including CEO Shuntaro Furukawa. These meetings have prompte
Graphics card prices in the semiconductor industry have been on the decline for almost a year, and Nvidia, one of the leading players in the semiconductor industry, has felt the impact. The company’s RTX 4060 and RTX 4080 models have experienced price drops. This development serves as a reminder that even industry giants like Nvidia face intense competition in the semiconductor market, making investments in the company potentially volatile.
Today Forbes r
India will become the World's 2nd-largest economy by 2075, overtaking the United States (per Goldman Sachs $GS)
The investment bank said that India's population, which is expected to reach 1.6 billion by 2050, will be a major driver of growth. India's labor force is also expected to grow by 200 million people over the next 50 years, which will provide a large pool of workers to fuel economic growth.
In addition, Goldman Sachs said that