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$Energy Select Sector SPDR Fund (XLE.US)$ vs WTI Oil price vs $SPDR S&P Oil & Gas Exploration & Production ETF (XOP.US)$ - time to close the gap?
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What is NFT? Click to read>>
$Walmart (WMT.US)$ appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of nonfungible tokens, or NFTs.
The big-box retailer filed several new trademarks late last month that indicates its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, the company said it would offer users a ...
$Walmart (WMT.US)$ appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of nonfungible tokens, or NFTs.
The big-box retailer filed several new trademarks late last month that indicates its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, the company said it would offer users a ...
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$SelectQuote (SLQT.US)$
Founded in 1985, SelectQuote provides solutions that help consumers protect their most valuable assets: their families, health and property. The company pioneered the direct-to-consumer model of providing unbiased comparisons from multiple, highly-rated insurance companies allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin SelectQuote's success: a force of more than 1,000 highly-trained and skilled agents who provide a consultative needs analysis for every consumer, and proprietary technology that sources, scores, and routes high-quality sales leads. The company has three core business lines: SelectQuote Senior, SelectQuote Life and SelectQuote Auto and Home. SelectQuote Senior, the largest and fastest-growing business, serves the needs of a demographic that sees 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans from 15 leading, nationally-recognized carriers, as well as prescription drug plan, dental, vision and hearing plans.
1. Stock is showing consistent price increase and is up by 74% (from 7.6 to 13.23 ) since my DD. The whole market was taking a hit last week which also slowed down the momentum a bit but I expected it to start climbing back up.
a. Keep in mind that it has consolidated around $13.22 which is also a bullish sign for next upward run.
2. Insider buying continues to climb as per latest reported data of 9/13 and it is a market buy. The data shows that executives are piling up on their shares.
3. Expansion: Company is very focused on building their analytics capabilities and also recruiting from Ivy-league for leadership roles (Source: Linkedin)
4. Industry Performance: Both ROA and ROA are one of the best in the industry.
5. Investment Rating: Current buy rating is 89% with High PT of $25.28 and lowest of $13 with median of $20.40%
6. SLQT has better profit margins 13.97% which outperforms the industry average of 10.48%. Also it has one of the best return on assets (9.14%) as compared to industry average which also is a good predictor of both short and long term good performance i.e 96% outperformed the industry.
7. Overall SI is around 4-5% which also suggests that institutions don’t find any reason for SLQ to perform poorly and hence shorting it.
8. Options premium are some of the cheapest ones if one is interested in it
9. SLQT as a business have competitive advantage and at least decade more experience in the industry in comparison to its competitors including $GoHealth (GOCO.US)$- reason why I chose SLTQ instead of GOCO
10. Currently it has entered a resistance level and once broke, it will be testing $17, then $19. Using both quantitative & qualitative analysis, I expect the stock to go in 20s range in next 2-3 weeks
11. The biggest catalyst that can push SLQT to 30s range or even higher is Enrollment Period of October November (Keep in mind that SLQT targets a market where more than 75% of target group uses this platform)
12. I personally believe that even highest price target is very low and it should trade in $50s soon (I work in healthcare industry as consultant and keeping up with trends is how I make living)
Some other highlights:
· Revenue $938 million, up 76% year over year
· Adjusted EBITDA of $228 million, up 48% over last year
· Core senior business ended the fiscal year with revenues of $729 million, up 101%, and adjusted EBITDA of $244 million, up 57%.
· SelectQuote's quarterly revenue was up 33.2% compared to the same quarter last year.
· $Blackrock Municipal Inc Invstmt Tr (BBF.US)$and $Vanguard Consumer Staples ETF (VDC.US)$are the top shareholders
· SelectQuote has a market capitalization of $1.29 billion and generates $531.52 million in revenue each year. The company earns $81.15 million in net income (profit) each year or ($0.16) on an earnings per share basis
$PING AN (02318.HK)$ $CHINA LIFE (02628.HK)$
Founded in 1985, SelectQuote provides solutions that help consumers protect their most valuable assets: their families, health and property. The company pioneered the direct-to-consumer model of providing unbiased comparisons from multiple, highly-rated insurance companies allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin SelectQuote's success: a force of more than 1,000 highly-trained and skilled agents who provide a consultative needs analysis for every consumer, and proprietary technology that sources, scores, and routes high-quality sales leads. The company has three core business lines: SelectQuote Senior, SelectQuote Life and SelectQuote Auto and Home. SelectQuote Senior, the largest and fastest-growing business, serves the needs of a demographic that sees 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans from 15 leading, nationally-recognized carriers, as well as prescription drug plan, dental, vision and hearing plans.
1. Stock is showing consistent price increase and is up by 74% (from 7.6 to 13.23 ) since my DD. The whole market was taking a hit last week which also slowed down the momentum a bit but I expected it to start climbing back up.
a. Keep in mind that it has consolidated around $13.22 which is also a bullish sign for next upward run.
2. Insider buying continues to climb as per latest reported data of 9/13 and it is a market buy. The data shows that executives are piling up on their shares.
3. Expansion: Company is very focused on building their analytics capabilities and also recruiting from Ivy-league for leadership roles (Source: Linkedin)
4. Industry Performance: Both ROA and ROA are one of the best in the industry.
5. Investment Rating: Current buy rating is 89% with High PT of $25.28 and lowest of $13 with median of $20.40%
6. SLQT has better profit margins 13.97% which outperforms the industry average of 10.48%. Also it has one of the best return on assets (9.14%) as compared to industry average which also is a good predictor of both short and long term good performance i.e 96% outperformed the industry.
7. Overall SI is around 4-5% which also suggests that institutions don’t find any reason for SLQ to perform poorly and hence shorting it.
8. Options premium are some of the cheapest ones if one is interested in it
9. SLQT as a business have competitive advantage and at least decade more experience in the industry in comparison to its competitors including $GoHealth (GOCO.US)$- reason why I chose SLTQ instead of GOCO
10. Currently it has entered a resistance level and once broke, it will be testing $17, then $19. Using both quantitative & qualitative analysis, I expect the stock to go in 20s range in next 2-3 weeks
11. The biggest catalyst that can push SLQT to 30s range or even higher is Enrollment Period of October November (Keep in mind that SLQT targets a market where more than 75% of target group uses this platform)
12. I personally believe that even highest price target is very low and it should trade in $50s soon (I work in healthcare industry as consultant and keeping up with trends is how I make living)
Some other highlights:
· Revenue $938 million, up 76% year over year
· Adjusted EBITDA of $228 million, up 48% over last year
· Core senior business ended the fiscal year with revenues of $729 million, up 101%, and adjusted EBITDA of $244 million, up 57%.
· SelectQuote's quarterly revenue was up 33.2% compared to the same quarter last year.
· $Blackrock Municipal Inc Invstmt Tr (BBF.US)$and $Vanguard Consumer Staples ETF (VDC.US)$are the top shareholders
· SelectQuote has a market capitalization of $1.29 billion and generates $531.52 million in revenue each year. The company earns $81.15 million in net income (profit) each year or ($0.16) on an earnings per share basis
$PING AN (02318.HK)$ $CHINA LIFE (02628.HK)$
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$HSBC Holdings (HSBC.US)$ $China Evergrande (ADR) (EGRNY.US)$ CEO of HSBC: Evergrande’s debt dilemma will have an impact on the capital market, but it will not have any direct impact on HSBC
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