Pete Lu
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$Tesla (TSLA.US)$ is shorting really the way to go?
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Pete Lu
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Hello Mooers, welcome back!
In today small talk, we will discuss about some stocks which is currently undervalue in Q1 2022.
Last week, we see several stocks such as $NIO Inc (NIO.US)$ , $Alphabet-A (GOOGL.US)$ rising at least 9%. We even see $Snap Inc (SNAP.US)$ did a spectacular reversal by rising more than 50% on 4 Feb 2022. However, one of the Metaverse stock, $Meta Platforms (FB.US)$ , was down by more than 25% due to a decline in monthly active use...
In today small talk, we will discuss about some stocks which is currently undervalue in Q1 2022.
Last week, we see several stocks such as $NIO Inc (NIO.US)$ , $Alphabet-A (GOOGL.US)$ rising at least 9%. We even see $Snap Inc (SNAP.US)$ did a spectacular reversal by rising more than 50% on 4 Feb 2022. However, one of the Metaverse stock, $Meta Platforms (FB.US)$ , was down by more than 25% due to a decline in monthly active use...
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Pete Lu
voted
Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after.
Stocks finished sharply lower Wednesday after the release of minutes of the Federal Reserve's last policy.
What did stock benchmarks do?
$Dow Jones Industrial Average (.DJI.US)$ , shed ...
Stocks finished sharply lower Wednesday after the release of minutes of the Federal Reserve's last policy.
What did stock benchmarks do?
$Dow Jones Industrial Average (.DJI.US)$ , shed ...
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Pete Lu
liked
Columns Why there is a buyback explosion
With corporate cash balances looking flush again as businesses recover from the depths of the COVID-19 pandemic, $Goldman Sachs (GS.US)$ strategist David Kostin thinks a stock buyback "bonanza" is on the horizon.
Kostin estimates a 35% increase in share buybacks this year and a 5% pop in 2022. Share buybacks from U.S. companies through April have tallied $484 billion, more than double the pace at this same point last year. It marks the quickest pace of U.S. buyback announcements to kick off a year since 2016 ($400 billion), according to Goldman's research.
"Commentary suggests that the main drivers of this increase are excess cash on balance sheets and positive sentiment on the back of strong financial performance," Kostin says.
S&P 500 companies currently have a record high $2.7 trillion in cash on their balance sheets, according to data from Bloomberg Intelligence.
And to be sure, some of the country's biggest companies are wasting no time in throwing money at buybacks as a means to juice their stock prices further. Stock buybacks have the effect of reducing the number of shares outstanding, which pumps up earnings per share and usually a company's stock price.
Tech heavyweight $Apple (AAPL.US)$ just authorized the repurchase of an additional $90 billion in stock following a banner first quarter of iPhone, iPad and AirPod demand. Insurance giant $The Travelers Companies (TRV.US)$ recently lifted its stock buyback plan by $5 billion.
Kostin estimates a 35% increase in share buybacks this year and a 5% pop in 2022. Share buybacks from U.S. companies through April have tallied $484 billion, more than double the pace at this same point last year. It marks the quickest pace of U.S. buyback announcements to kick off a year since 2016 ($400 billion), according to Goldman's research.
"Commentary suggests that the main drivers of this increase are excess cash on balance sheets and positive sentiment on the back of strong financial performance," Kostin says.
S&P 500 companies currently have a record high $2.7 trillion in cash on their balance sheets, according to data from Bloomberg Intelligence.
And to be sure, some of the country's biggest companies are wasting no time in throwing money at buybacks as a means to juice their stock prices further. Stock buybacks have the effect of reducing the number of shares outstanding, which pumps up earnings per share and usually a company's stock price.
Tech heavyweight $Apple (AAPL.US)$ just authorized the repurchase of an additional $90 billion in stock following a banner first quarter of iPhone, iPad and AirPod demand. Insurance giant $The Travelers Companies (TRV.US)$ recently lifted its stock buyback plan by $5 billion.
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$Tesla (TSLA.US)$ why is tsla dropping more than Nio today?
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Pete Lu
commented on
$Senseonics (SENS.US)$ why is it dropping today?
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Pete Lu : Elon Musk already told us what to do, Unless you think you get more insider info than the CEO.