NVDA
NVIDIA
-- 138.850 TSLA
Tesla
-- 355.840 BABA
Alibaba
-- 124.730 INTC
Intel
-- 23.600 PLTR
Palantir
-- 119.160 
how much should OXY stands in Market
$Occidental Petroleum (OXY.US)$
Given the market sentiment change, One must ask how much lower can OXY has to go to reach market floor. Since there is no earning for OXY, then the only approximate factor one can consider is P/S.
OXY has a P/S range of 0.41-0.72 with average of 0.57....... However currently market P/S is 0.95, it is way overbought. IMHO, given that sales will still decline in next year, the P/S should be somewhere around 0.7 or less. This translate to a healthy market valuation of $15-16. Those who still hold on the stock will see stock going down further. This is not a market correction, it is a correction of single stock which has been hyped!
Given the market sentiment change, One must ask how much lower can OXY has to go to reach market floor. Since there is no earning for OXY, then the only approximate factor one can consider is P/S.
OXY has a P/S range of 0.41-0.72 with average of 0.57....... However currently market P/S is 0.95, it is way overbought. IMHO, given that sales will still decline in next year, the P/S should be somewhere around 0.7 or less. This translate to a healthy market valuation of $15-16. Those who still hold on the stock will see stock going down further. This is not a market correction, it is a correction of single stock which has been hyped!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Discussing
Trump 2.0 Era: How will global markets evolve?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context,
Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
70200701 : Buy now
70200701 : Time to buy it
70200701 : About 3 weeks or a month real good
70903428 : The price is based on the future not the past
Th Scott : today going to be able to produce you should go for ways but we can't really over flood you know what that does it makes more work for Bitcoin
Th Scott : well if we good all market dreams then we'd all be rich then again I'd still be the richest man in the world he is mine's the only ones I can tell you the future