Weekly Buzz: 'Meme Stock' Rally Redux? GME and AMC soared again
Spoiler: At the end of this post, there is a chance for you to win points!
Happy Monday,mooers! Welcome back toWeekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ Buzzing Stocks List & Mooers Comments Three major indices movedupward, Russell 2000 Index decreased0.38%last week. Here is the weekly buzzing stock list of last week:
1. AMC - Buzzing Stars:⭐⭐⭐⭐⭐
Last Friday, AMC CEO Adam Aron announced in a tweet that it had raised $139 million through an additional equity offering. The stock soared almost 22% after hours after the announcement was made on the same day. AMC's stock increased28.10%to $20.240 for the week. ● Mooers comment @MaxweII:strength in stubborness $AMC Entertainment (AMC.US)$I think that there are going to be tough times ahead but none the less, we are here. we went through difficult times in the past and we will keep going through them. do it for the highschooler just getting into stocks that has 2 or 3 shares. Read more >>
2. TSLA- Buzzing Stars:⭐⭐⭐⭐
The Tesla Berlin mega-factory held a groundbreaking ceremony last Tuesday and will deliver the first Model Y cars produced at the plant to customers. Besides, Hertz has added the Model Y to its rental fleets. The shares of TSLA soared by11.62%and closed at $1010.640. ● Mooers comment @TeslaSmurf: $Tesla (TSLA.US)$I forgot to write about another bullish aspect of Giga Berlin opening: Tesla investors are worldwide spread, but far less concentrated in Europe than in the U.S. or other continents. The second part of 2022 and 2023 by sure will see European investors (retail AND big institutions) add Tesla to their portfolio Read more >>
3. MULN - Buzzing Stars:⭐⭐⭐⭐
Short interest in MULN stock was very high and stood at around 36%. This high level of short interest has created a situation where volatility may become the norm over time. Last Friday, its stock price closed at $2.350, with a weekly decline of18.97%. ● Mooers comment @Milkman 7: $Mullen Automotive (MULN.US)$Nikola confirms start of production of commercial electric truck, share rose over 11% in after-hours. There are a few catalyst for Mullen as well. So it is good to load up before the whales will be selling you expensive in the months ahead. Next catalyst for Mullen is the launch of their EVans.
4. IMPP - Buzzing Stars:⭐⭐⭐⭐
Imperial Petroleum's stock is down 40% in early morning trade after the company announced that it would issue 37.5 million shares of its stock. They tended to dilute existing shareholders in the process. The share of IMPP closed at $1.720, with a weekly fall of27.43%. ● Mooers comment @Apollod Wed: $Imperial Petroleum (IMPP.US)$There will be some natural resistance later and fluctuation because of scalpers, day traders and whatever is left of shorts lol. This will rise though when that volume floods in the system and if oil continues to rise. We have all day and it will be very interesting to see.
5. NIO - Buzzing Stars:⭐⭐⭐
NIO disclosed its 2021 financial results last Thursday (EST). The financial results show that Azera reported revenue of RMB 9,900.7 million in the fourth quarter, up 49.1% YoY, and 25,304,000 vehicles delivered, up 44.3% YoY. The shares of NIO declined4.55%last week and finally closed at $19.910. ● Mooers comment @cash cow 888: $NIO Inc (NIO.US)$Every earnings call no matter what’s the share will definitely dip, tonight’s your last chance in buying the dip before the next chance you have is the next earnings call. With a possibility it not hitting this low anymore, as vehicles production ramps up.
Camber Energy has been a top meme stock with the retail market thanks to a lower price per share and higher volatility. However, some uncertainty stemming from the recent attacks in Saudi was getting digested by the stock market last week. Its share price closed at $0.870, with a weekly rise of4.74%. ● Mooers comment @joejoejoejoejoe: $Camber Energy (CEI.US)$Be it in term of oil, natural gas or green energy, CEI is positioned well. The CEO promised no reverse split and had been doing his best to make things work. Let's trust him and push CEI to a new level. Imagine CEI going to 4.8 or even 48!
7. .SPX - Buzzing Stars:⭐⭐⭐
The S&P 500 index was up about 3.9% higher in March, more than erasing its losses since Russia invaded Ukraine late last month. The price of the S&P 500 Index closed at $4543.06, with a weekly growth of1.79%. ● Mooers comment @Peak Mountain: I think the next ~1 week will be important. I almost think right now big money is banking on the idea that the Fed's hands are tied because of the 'yield curve' situation. So in other words we're back to playing 'chicken' with how high we can make the market go before someone flinches. Read more >>
8. AAPL - Buzzing Stars:⭐⭐⭐
Apple is developing subscription services for the iPhone and other hardware products, concepts such as the iCloud and Apple Music monthly subscriptions, intended to be launched by the end of this year. Its stock went up6.55%to $174.720 over the past week. ● Mooers comment @Cow Moo-ney:Nice consecutive 8 days of green candles Is it going to form a bull flag pattern? Currently, the flag pole is completed, just waiting for the flag If it’s indeed going to form that bull flag pattern, it means there will be a pullback next week or so (to create the “flag”), before it goes up further. Read more >>
9. NVDA - Buzzing Stars:⭐⭐⭐
Nvidia CEO said focus on software gives chipmaker $1 trillion market and Nvidia could restore chip fabrication using Intel. The price of NVDA raised4.68%to $276.920 for the week. ● Mooers comment @价值先生:投价投资者在波动的市场应该做些什么? $NVIDIA (NVDA.US)$是的,这是我长期看好的一家价值公司,目前已经avg down from 267++ to 258++
这家公司在 美联储正式宣布加息前 曾经跌至213++,但对于一个长期的价值投资者来说,这是件值得高兴的事,因为能够买入更多。“用最低的成本买入有高价值的公司” Read more >>
10. GME - Buzzing Stars:⭐⭐
Ryan Cohen, the chairman of the GME, bought a significant amount of its stock last Thuesday. He increased his stake to 11.9 per cent with an additional 100,000 shares. The price of GME closed at $151.950 with a weekly rise of67.36%. ● Mooers comment @z utterback:This must drive analysts crazy $GameStop (GME.US)$they always give price targets over most stocks. and they almost never reach them. then they downgrade and give lower price targets. now they keep giving GME low price targets and GME never reaches them…lol. it must drive them crazy no one is listening to them. but why should we. Their predictions seldom come to pass.
Part Ⅲ: Weekly Topic Time to be rewarded for your great insights and knowledge! This week, we'd like to invite you to comment below and share your idea on: "What meme stocks to consider, other than AMC and GME?"
We will select15 TOP COMMENTSby next Monday. Winners will get200 pointsby next week, with which you can exchange gifts at Reward Club. *Comments within this week will be counted.
Top Comment Technique: Fundamental / Technical / Capital Analyses Personal Trading Experience Any bright insights or knowledge
TinkerB3ll
:
$BitNile Holdings (NILE.US)$ the next meme stock as there are numerous catalyst due to various income stream like blockchain EV space, we can see this soar.
Syuee
:
$Palantir (PLTR.US)$ can be considered to be added to the list of meme stocks that might actually pan out as a long-term pick.
The transition from government to commercial business is going well. Management gave strong revenue growth guidance for the next four years. Palantir's valuation is almost back to where it was before it became a meme stock.
Much of Palantir's business centers around one thing: analytics. Its Foundry software allows customers to harness multiple data streams and make well-informed business decisions with areas like supply chains or manufacturing.
To drive growth, Palantir increased its U.S. commercial sales headcount from 12 at the end of 2020 to 80 at the end of 2021.
The other growth lever Palantir has is upselling its current customers.
Because of its unprofitability, Palantir saw its valuation get slashed in the recent tech sell-off.
Now that it has fallen to a reasonable P/S ratio, the stock is beginning to look attractive.
Palantir could still be volatile in the near term, so investors are encouraged to add in phases.
Investors should exercise some patience with Palantir.
2022 will be an important investment year for Palantir, and investors with a long-term time horizon may have a chance to invest in a company well-positioned for future growth at a low point.
Milk The Cow
:
$Digital World Acquisition Corp (DWAC.US)$ not really sure if this is considered one? Quite new, news reported many new users. Related to "TRUMP". Can follow. I NEVER SUGGESTED ANYTHING ABOUT BUYING! In fact I suggested "NOT" to. To me, it does not has a good businesses model = not a buy for me. But if u wanna take the risks to ride the waves, maybe. Trump's supporters may carries u. Invest at ur own risk.
HopeAlways
:
Once the leading maker of mobile phones, $Nokia Oyj (NOK.US)$ has redefined itself as a telecom equipment stock in the 5G era. Moreover, it has drawn attention as a meme stock, in part due to its low per- share price. In the age of smartphones, cellphones are no longer a priority for the company. Now, its mobile networks division makes radio access networks (RANs) and base stations that bolster private wireless networks. Also, as the name implies, its cloud network services division helps companies orient their telecom networks around the cloud. However, its most vigorous growth is coming from its network infrastructure business, which $Nokia Oyj (NOK.US)$ took over this business following its buyout of Alcatel-Lucent in 2016. It remains to be seen if $Nokia Oyj (NOK.US)$ can compete successfully with its rivals in the telecom equipment market in terms of quality. Still, any upgrade to its guidance and the speculative interest of meme-stock traders could push its stock price higher.
HopeAlways
Syuee
:
$Palantir (PLTR.US)$ remains one of the most popular stocks with individual investors, even after its underperformance in stock price. Nevertheless, it is not a stock built solely on hype. Revenue continues to grow, and margins have expanded nicely. Not only is the company now generating positive cash flow from operations, its valuation has come down significantly, making $Palantir (PLTR.US)$ more attractive than many growth names.
Syuee
HopeAlways
:
$Nokia Oyj (NOK.US)$ is seemingly bullish because of the positive changes in the company's core strategic model imposed by the new leadership and its progressive move towards capturing the 5G market.
Additionally, Nokia has a pristine balance sheet. It has already amassed major contracts in the 5G arena and is aggressively planning to expand into new regions.
The long-term prospects stay positive and with it being traded at cheap valuation multiples, the total returns are expected to show a material gain.
TinkerB3ll : $BitNile Holdings (NILE.US)$ the next meme stock as there are numerous catalyst due to various income stream like blockchain EV space, we can see this soar.
Milk The Cow :
Syuee : $Palantir (PLTR.US)$ can be considered to be added to the list of meme stocks that might actually pan out as a long-term pick.
The transition from government to commercial business is going well. Management gave strong revenue growth guidance for the next four years. Palantir's valuation is almost back to where it was before it became a meme stock.
Much of Palantir's business centers around one thing: analytics. Its Foundry software allows customers to harness multiple data streams and make well-informed business decisions with areas like supply chains or manufacturing.
To drive growth, Palantir increased its U.S. commercial sales headcount from 12 at the end of 2020 to 80 at the end of 2021.
The other growth lever Palantir has is upselling its current customers.
Because of its unprofitability, Palantir saw its valuation get slashed in the recent tech sell-off.
Now that it has fallen to a reasonable P/S ratio, the stock is beginning to look attractive.
Palantir could still be volatile in the near term, so investors are encouraged to add in phases.
Investors should exercise some patience with Palantir.
2022 will be an important investment year for Palantir, and investors with a long-term time horizon may have a chance to invest in a company well-positioned for future growth at a low point.
HopeAlways :
Milk The Cow : $Digital World Acquisition Corp (DWAC.US)$ not really sure if this is considered one?
Quite new, news reported many new users.
Related to "TRUMP".
Can follow.
I NEVER SUGGESTED ANYTHING ABOUT BUYING!
In fact I suggested "NOT" to.
To me, it does not has a good businesses model = not a buy for me.
But if u wanna take the risks to ride the waves, maybe.
Trump's supporters may carries u.
Invest at ur own risk.
DYODD before investing
Peace
HopeAlways : Once the leading maker of mobile phones, $Nokia Oyj (NOK.US)$ has redefined itself as a telecom equipment stock in the 5G era. Moreover, it has drawn attention as a meme stock, in part due to its low per- share price. In the age of smartphones, cellphones are no longer a priority for the company. Now, its mobile networks division makes radio access networks (RANs) and base stations that bolster private wireless networks. Also, as the name implies, its cloud network services division helps companies orient their telecom networks around the cloud. However, its most vigorous growth is coming from its network infrastructure business, which $Nokia Oyj (NOK.US)$ took over this business following its buyout of Alcatel-Lucent in 2016. It remains to be seen if $Nokia Oyj (NOK.US)$ can compete successfully with its rivals in the telecom equipment market in terms of quality. Still, any upgrade to its guidance and the speculative interest of meme-stock traders could push its stock price higher.
HopeAlways Syuee : $Palantir (PLTR.US)$ remains one of the most popular stocks with individual investors, even after its underperformance in stock price. Nevertheless, it is not a stock built solely on hype. Revenue continues to grow, and margins have expanded nicely. Not only is the company now generating positive cash flow from operations, its valuation has come down significantly, making $Palantir (PLTR.US)$ more attractive than many growth names.
Syuee HopeAlways : $Nokia Oyj (NOK.US)$ is seemingly bullish because of the positive changes in the company's core strategic model imposed by the new leadership and its progressive move towards capturing the 5G market.
Additionally, Nokia has a pristine balance sheet. It has already amassed major contracts in the 5G arena and is aggressively planning to expand into new regions.
The long-term prospects stay positive and with it being traded at cheap valuation multiples, the total returns are expected to show a material gain.
101767718 HopeAlways : This company still has much room to grow in the 5G space.
101767718 HopeAlways : Indeed, valuation looks attractive at current share price.
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