This August has been a roller coaster ride for my trading journey. Earlier this month, my asset suffered 9% loss because of huge surge of Ringgit and worldwide market crash. However it was lifetime opportunity for me to buy the dip during market panic. I quickly sold out most of my profitable stocks to free up cash buying more Magnificent stocks such as$NVIDIA (NVDA.US)$,$Amazon (AMZN.US)$,$Alphabet-A (GOOGL.US)$and$Tesla (TSLA.US)$ Aft...
Top 5 Upgrades: Baird upgraded Starbucks$Starbucks (SBUX.US)$to Outperform from Neutral with a price target of $110, up from $81. The firm sees a more favorable risk/reward on Starbucks shares following the hiring of Brian Niccol as CEO. Barclays upgraded Dell Technologies$Dell Technologies (DELL.US)$to Equal Weight from Underweight with an unchanged price target of $97. The firm says much of the artificial intelligence "hype" ...
Big potiental for Russell 2000, REITs & Bond markets in second half year of 2024. AI stocks may be struggling in short term but fundamentals are still very strong. A little pullback is normal.
Salmon Klein
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why big potential for Russell, REIT, etc because incoming rate cuts? because small companies need loans or what is It? I dont get it sorry. could you please explain? thanks
Phil Dunn
OP
Salmon Klein
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Small Middle cap companies and REITs usually have large debts so they will benefit hugely from Fed rate cuts. Mega cap companies like Microsoft,Google,Nvidia,etc…They have little debts and huge cash balances so they have no advantages from Fed rate cuts. You can read this article for more details. Will Rate Cut Expectations Trigger a Shift from Large to Small Caps?
Minor downgrade to earnings per share forecasts after recent results. Analysts predict Academy Sports and Outdoors' revenue growth to slow down substantially, with annualised growth of 1.6% expected till 2025, slower than industry peers.
The company's quarterly performance was underwhelming, missing analyst estimates and showing a drop in same-store sales. Despite challenges, the company remains resilient, but needs to rethink its strategy due to decreasing demand.
The stock is seen as a bargain with a promising future. Its expected growth isn't fully reflected in the share price, suggesting a buying opportunity. However, price volatility could offer another chance to buy later.
The appointment of Robert Howell, with his extensive experience in supply chain management, is expected to be beneficial for Academy as it aims to optimize operations and achieve supply chain excellence for its long-term growth initiative.
The appointment of Chad Fox, with his extensive experience in retail brand strategy, marketing, media, data analytics, and digital, is expected to help Academy execute its long-term growth initiatives, improve customer engagement, and build a more powerful omnichannel business.
Bellaah : Any good trades