There has always been a saying in the stock market that the Five Poor, the Six Terrible, and the Seven Turns Out. However, the author still believes that a brief downgrade/pullback for good companies is inevitable, so they will not deliberately open positions in May.
How hot is May 🔥 Naturally, everyone feels that it is not unusual for some popular stocks to rise 30-50% in the past month. However, this wave of bullish momentum has also benefited some single-digit PE companies that have been underestimated for a long time.
$CCK (7035.MY)$
CCK is a frozen retail food company from SARAWAK in East Malaysia. The company's branches grew from 72 in 2022 to 75. Sales in all countries grew steadily, and sales from Japan grew by almost 100% in 2023.
Although there was a one-time profit in Q3 2022 and Q4 2023, after deduction, the company continued to grow for two consecutive years. CCK has been in Single Digit Pe for a long time in the past 2 years, and is far behind its peers. Malaysian stocks are booming this time, and the value of CCK has finally blossomed due to the influx of hot money. The stock price has risen 42% in the past month.
Furthermore, the shipping company Harbor has been making huge profits in freight rates for the past 3 years, although profits in the past few quarters have been affected by falling freight rates 📉. Recently, however, business has begun to improve, and profit Qoq has recovered. Coupled with soaring shipping costs in Europe and the US, GDP recovery and export growth in Q1, HARBOUR, which involves transportation and integrated logistics, was also seen by the market, and its stock price has risen 22% over the past month.
$HARBOUR (2062.MY)$
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Morning Movers
Gapping up
$Novavax (NVAX.US)$ The biotech firm's stock price skyrocketed by 114% after revealing a multi-billion dollar agreement with Sanofi to jointly market its Covid vaccine and collaborate on creating hybrid vaccines aimed at both Covid and influenza.
$Sweetgreen (SG.US)$ Shares of the salad chain surged by 5% after Sweetgreen announced a first-quarter revenue of $158 million, which exceeded the consensus estim...

Earnings Preview
Next week's earnings reports from major technology companies might provide a boost to a weakening market, or at the very least, offer investors insight into future stock trends.
$Tesla (TSLA.US)$ is set to release its earnings on Tuesday, followed by $Meta Platforms (META.US)$ on Wednesday. The week continues with a significant day on Thursday, as $Alphabet-C (GOOG.US)$ , the parent company of Google...

.US Stock Market Review 8 – 12 Apr 2024
$Dow Jones Industrial Average (.DJI.US)$ -2.59%
$Nasdaq Composite Index (.IXIC.US)$ -0.76%
$S&P 500 Index (.SPX.US)$ Standard -1.70
Stocks stumbled on Friday as techs lost their winning ways, and as investors reeled from the banking sector's mixed results to kick off earnings season.
Event to watch: 15 Apr US Retail & Core Retail Sales, 17 Apr US Crude Oil Inventories, 18 Apr IJC & Existing Home Sales.
.MY Stock Market Review 8 – 12 Apr ...

G'day, mooers! Check out the latest news on today's stock market!
• S&P 500, Nasdaq Sank
• ASX falls due to tech stocks; Star drops 5%
• Stocks to watch: The Star Entertainment Group
Wall Street Summary
The $Dow Jones Industrial Average (.DJI.US)$ shed some 500 points and the and $S&P 500 Index (.SPX.US)$and $Nasdaq Composite Index (.IXIC.US)$ both fell more than 1% Friday as Dow components JPMorgan Chase and Intel dragged the market lower...

$Kratos Defense & Security Solutions (KTOS.US)$
Looking for Trades Around Every Corner and Under Every Rock
There are so many good trading opportunities at any given moment. Keeping up with every rallying stock is almost impossible. So, there is always a good trade somewhere to be found if you are willing to keep your eyes open. The community feed is a place where I will often come across profitable trades.
The community feed is easy to fi...