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The Laura Gill Group Surpasses $100 Million in Sales for 2021

  One of Bergen County, New Jersey’s highest-rated real estate groups, is Keller Williams Village Square Realty’s top performer for the third year in a row. The Laura Gill Group is a residential real estate team that is dominating the housing market in North Jersey neighborhoodswith a total of 149... The post The Laura Gill Group Surpasses $100 Million in Sales for 2021 appeared first on Real Estate Weekly.   One of Bergen County, New Jersey’s highest-rated real estate groups, is Keller Williams Village Square Realty’s top performer for the third year in a row. The Laura Gill Group is a residential real estate team that is dominating the housing market in North Jersey neighborhoodswith a total of 149 families serviced in 2021. “The Laura Gill Group’s commitment to excellence and focus on white-glove service has resulted in many admirable achievements—#1 team in NW Bergen County, #1 in Allendale, and #1 in our office. Laura’s exceptional leadership has resulted in a team that is well trained and well respected by all. We are so proud to work with her,” said Sally Ponchak, the Broker of Record for Keller Williams Village Square Realty.  Led by property marketing specialist Laura Gill, The Laura Gill Group reported more than $100 million in sales in 2021, making their group a top performer in multiple Bergen County towns, including her hometown of Allendale and the popular market of Ridgewood.  “We are a full-service team providing white-glove service. We offer fantastic staging, best-in-class marketing, and strong negotiation skills to get clients to the finish line,” said real estate guru Laura Gill. “We have invested in technology and our people to give clients the best possible experience.” Gill, who specializes in residential listings in Bergen County and parts of Passaic, Essex, Morris and Ocean Counties, credited the year’s success to her corporate marketing background. This expertise allows her to showcase her properties with extensive marketing over and above other real estate agents and teams. The Laura Gill Group’s reach and community connections are extensive, with a stellar reputation within the industry. Clients and agents alike enjoy dealing with the team as they know they will be treated fairly and with respect. Her group is comprised of accomplished negotiators with their fingers on the pulse of the market—going over and above to really listen to their clients’ needs and concerns while working hard to get them the best result as smoothly and quickly as possible. Laura’s eye for design and offering professional staging services allow her properties to show their best. You can see how all this hard work has paid off in The Laura Gill Group’s glowing testimonials, which includes high praise from Elvira Rudner, a resident of Allendale.  “It has been a wonderful experience working with Laura Gill and her team. From the moment that we met Laura to discuss selling our house, we knew that we were in the best hands. She is a role model in terms of professionalism, enthusiasm, love of her job, creativity, navigating between buyers/sellers/attorneys/agents. We had similarly positive and impressive experiences with every member of her team. Laura and her team did an amazing job staging our house, photographing it, organizing showings, getting multiple bids on the house, navigating inspections and further negotiating on our behalf. Throughout the entire process, we felt very well taken care of, secure, listened to, respected, and we could not be any happier with the results. The execution of our sale was flawless, and it gives us great pleasure to be able to recommend Laura and her team to others.” To stay successful in this industry, it goes without saying that home buyers and sellers expect real estate agents to go that extra mile when showing properties, relying on trusted real estate agents to deliver full-service real estate recommendations. Perhaps Kristen Tsarnas sums it up best by saying, “Laura is an amazing full-service real estate pro: proactive, knowledgeable and ethical. She knows how to advise you in any situation, and with the perfect balance of kindness and assertiveness.” The post The Laura Gill Group Surpasses $100 Million in Sales for 2021 appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyJan 14th, 2022

Vishay Intertechnology (VSH) Stock Moves -0.53%: What You Should Know

In the latest trading session, Vishay Intertechnology (VSH) closed at $20.54, marking a -0.53% move from the previous day. In the latest trading session, Vishay Intertechnology (VSH) closed at $20.54, marking a -0.53% move from the previous day. This change was narrower than the S&P 500's daily loss of 1.89%. Meanwhile, the Dow lost 1.3%, and the Nasdaq, a tech-heavy index, lost 0.17%.Heading into today, shares of the chipmaker had lost 2.36% over the past month, outpacing the Computer and Technology sector's loss of 6.14% and lagging the S&P 500's loss of 1.79% in that time.Investors will be hoping for strength from Vishay Intertechnology as it approaches its next earnings release, which is expected to be February 8, 2022. In that report, analysts expect Vishay Intertechnology to post earnings of $0.62 per share. This would mark year-over-year growth of 121.43%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $825 million, up 23.65% from the year-ago period.It is also important to note the recent changes to analyst estimates for Vishay Intertechnology. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Vishay Intertechnology currently has a Zacks Rank of #3 (Hold).Investors should also note Vishay Intertechnology's current valuation metrics, including its Forward P/E ratio of 9.28. This valuation marks a discount compared to its industry's average Forward P/E of 15.55.Investors should also note that VSH has a PEG ratio of 0.41 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Semiconductor - Discretes stocks are, on average, holding a PEG ratio of 0.41 based on yesterday's closing prices.The Semiconductor - Discretes industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 211, putting it in the bottom 18% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Vishay Intertechnology, Inc. (VSH): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Axcelis Technologies (ACLS) Stock Moves -1.56%: What You Should Know

Axcelis Technologies (ACLS) closed at $59.99 in the latest trading session, marking a -1.56% move from the prior day. Axcelis Technologies (ACLS) closed the most recent trading day at $59.99, moving -1.56% from the previous trading session. This change was narrower than the S&P 500's 1.89% loss on the day. At the same time, the Dow lost 1.3%, and the tech-heavy Nasdaq lost 0.17%.Prior to today's trading, shares of the semiconductor services company had lost 10.49% over the past month. This has lagged the Computer and Technology sector's loss of 6.14% and the S&P 500's loss of 1.79% in that time.Axcelis Technologies will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.84, up 162.5% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $190.15 million, up 55.61% from the year-ago period.Investors might also notice recent changes to analyst estimates for Axcelis Technologies. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Axcelis Technologies is holding a Zacks Rank of #2 (Buy) right now.In terms of valuation, Axcelis Technologies is currently trading at a Forward P/E ratio of 17.18. This represents a premium compared to its industry's average Forward P/E of 13.27.The Electronics - Manufacturing Machinery industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 65, putting it in the top 26% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 21st, 2022

Extra Space Storage (EXR) Gains As Market Dips: What You Should Know

Extra Space Storage (EXR) closed at $195.48 in the latest trading session, marking a +0.05% move from the prior day. In the latest trading session, Extra Space Storage (EXR) closed at $195.48, marking a +0.05% move from the previous day. This change outpaced the S&P 500's 1.89% loss on the day. Elsewhere, the Dow lost 1.3%, while the tech-heavy Nasdaq lost 0.17%.Heading into today, shares of the self-storage facility real estate investment trust had lost 10.38% over the past month, lagging the Finance sector's gain of 3.26% and the S&P 500's loss of 1.79% in that time.Wall Street will be looking for positivity from Extra Space Storage as it approaches its next earnings report date. The company is expected to report EPS of $1.85, up 25% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $431.07 million, up 21.95% from the year-ago period.Investors should also note any recent changes to analyst estimates for Extra Space Storage. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.16% higher within the past month. Extra Space Storage currently has a Zacks Rank of #1 (Strong Buy).Valuation is also important, so investors should note that Extra Space Storage has a Forward P/E ratio of 25.4 right now. This represents a premium compared to its industry's average Forward P/E of 14.61.It is also worth noting that EXR currently has a PEG ratio of 2.07. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. EXR's industry had an average PEG ratio of 2.57 as of yesterday's close.The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 104, putting it in the top 41% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow EXR in the coming trading sessions, be sure to utilize Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Extra Space Storage Inc (EXR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Avid Bioservices (CDMO) Stock Moves -1.67%: What You Should Know

In the latest trading session, Avid Bioservices (CDMO) closed at $18.20, marking a -1.67% move from the previous day. Avid Bioservices (CDMO) closed the most recent trading day at $18.20, moving -1.67% from the previous trading session. This change was narrower than the S&P 500's 1.89% loss on the day. Elsewhere, the Dow lost 1.3%, while the tech-heavy Nasdaq lost 0.17%.Coming into today, shares of the contract manufacturer had lost 37.34% in the past month. In that same time, the Medical sector lost 7.68%, while the S&P 500 lost 1.79%.Wall Street will be looking for positivity from Avid Bioservices as it approaches its next earnings report date. In that report, analysts expect Avid Bioservices to post earnings of $0.05 per share. This would mark year-over-year growth of 400%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $28 million, up 28.38% from the year-ago period.For the full year, our Zacks Consensus Estimates are projecting earnings of $0.28 per share and revenue of $117.1 million, which would represent changes of +366.67% and +22.15%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for Avid Bioservices. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 5.66% higher. Avid Bioservices is holding a Zacks Rank of #3 (Hold) right now.Looking at its valuation, Avid Bioservices is holding a Forward P/E ratio of 66.11. This valuation marks a premium compared to its industry's average Forward P/E of 18.19.The Medical - Biomedical and Genetics industry is part of the Medical sector. This group has a Zacks Industry Rank of 151, putting it in the bottom 41% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Avid Bioservices, Inc. (CDMO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 21st, 2022

Biden faces criticism over failed promise to end Yemen war after Saudi-led airstrikes kills dozens, including children

Arms sales to the Saudis have continued under Biden despite his pledge to take steps to end the Yemen war. President Joe Biden speaks to the press after attending a meeting with the Senate Democratic Caucus on Capitol Hill, on Thursday, Jan. 13, 2022 in Washington, DC.Kent Nishimura / Los Angeles Times via Getty Images New Saudi-led airstrikes in Yemen killed dozens, including children.  Biden, who pledged to take steps to end the Yemen war, is facing renewed criticism.  The Biden administration pushed another arms sale to the Saudis through Congress in December.  Last February, President Joe Biden declared that the war in Yemen "has to end." He added that the US would cease support for offensive operations in the war, including "relevant arms sales." A year later, US arms sales to Saudi Arabia have continued and critics accuse Biden of abandoning his pledge to help end the war.Saudi-led coalition airstrikes in Yemen on Friday killed dozens, including children, according to aid groups, renewing criticism of Biden over US involvement. Doctors Without Borders (MSF) said a strike that hit a detention center in Saada killed at least 70, and Save the Children said a separate strike in the port town of Hodeida killed three children who were playing soccer."This is horrific news, further devastating Yemen. It's also a predictable consequence of continuing to arm Saudi Arabia," the Congressional Progressive Caucus tweeted. "The Biden administration must stop unauthorized participation in the Saudi war and bring its bombings and blockade to an end — as Congress has demanded.""The Biden admin has condemned the Houthi actions roughly 13 times since taking office. Not one condemnation of Saudi bombings of Yemen though. Will it also not condemn this attack?" Trita Parsi, the executive vice president of the Quincy Institute for Responsible Statecraft, said in a tweet. Friday's airstrikes were seemingly a response to recent Houthi attacks in the UAE.The Yemen war, which began in 2014, has fostered what has been widely described as the world's worst humanitarian crisis. The conflict, which is estimated to have killed over 100,000 people while displacing millions, has been fought between the Saudi-led coalition (including other countries in the region like the UAE) and Iran-backed Houthi rebels. The Saudis have imposed an air and sea blockade throughout the war that has prevented humanitarian aid from getting in and catalyzed a devastating famine.'America is complicit in this'Children look on as smoke billows above the residential area following airstrikes of the Saudi-led coalition targeting Houthi-held military positions on March 7, 2021 in Sana'a, Yemen.Mohammed Hamoud/Getty ImagesBiden during a press conference on Wednesday was asked how he planned to make good on his promise to end the war in Yemen. Taking a different tone on the issue than he did at the start of his tenure, Biden said, "Ending the war in Yemen takes the two parties to be involved to do it. And it's going to be very difficult." Biden's comments came just a month after his administration steered pushed an another sale of missiles to Saudi Arabia through Congress. The administration justified the $650 million arms sale by contending the weapons were for "defensive purposes." The president on Wednesday also said that he was considering re-designating the Iran-backed Houthi rebels in Yemen as a terror group. Biden removed the Trump-era designation early last year. But opponents of the move warn that it could exacerbate the humanitarian crisis in Yemen by making it harder for aid to get in. Democratic Rep. Ro Khanna of California, who has been among the loudest voices in Congress calling for an end to US involvement in Yemen, in a tweet urged Biden against reimposing the terror designation. "We need to help end the war in Yemen, not escalate it by re-imposing Trump's Houthi terror designation," Khanna said. "Humanitarian orgs have warned this would mean even higher food and fuel prices for millions of Yemeni civilians and wouldn't do anything to stop Houthi atrocities."Since the 2018 murder of journalist Jamal Khashoggi by agents of the Saudi government, lawmakers on both sides of the aisle in Washington have pressed the US government to reevaluate relations with Riyadh and end support for the Saudi-led coalition in Yemen. The US has frequently sold arms to the Saudis, and US-made bombs have been involved in Saudi-led strikes that killed civilians.But then-President Donald Trump, who defended the Saudis in the wake of the Khashoggi backlash, slapped down congressional efforts to end US involvement in Yemen. Biden vowed to take a different approach, but critics say he hasn't made good on this promise. Spencer Ackerman, author of "Reign of Terror," in a Friday tweet on the latest airstrikes in Yemen said, "America is complicit in this, as it has been complicit in every Saudi or UAE airstrike of this horrific war that Biden and his senior officials once promised to end. I hope they see these children when they sleep at night." The White House did not immediately respond to a request for comment from Insider. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJan 21st, 2022

The Laura Gill Group Surpasses $100 Million in Sales for 2021

  One of Bergen County, New Jersey’s highest-rated real estate groups, is Keller Williams Village Square Realty’s top performer for the third year in a row. The Laura Gill Group is a residential real estate team that is dominating the housing market in North Jersey neighborhoodswith a total of 149... The post The Laura Gill Group Surpasses $100 Million in Sales for 2021 appeared first on Real Estate Weekly.   One of Bergen County, New Jersey’s highest-rated real estate groups, is Keller Williams Village Square Realty’s top performer for the third year in a row. The Laura Gill Group is a residential real estate team that is dominating the housing market in North Jersey neighborhoodswith a total of 149 families serviced in 2021. “The Laura Gill Group’s commitment to excellence and focus on white-glove service has resulted in many admirable achievements—#1 team in NW Bergen County, #1 in Allendale, and #1 in our office. Laura’s exceptional leadership has resulted in a team that is well trained and well respected by all. We are so proud to work with her,” said Sally Ponchak, the Broker of Record for Keller Williams Village Square Realty.  Led by property marketing specialist Laura Gill, The Laura Gill Group reported more than $100 million in sales in 2021, making their group a top performer in multiple Bergen County towns, including her hometown of Allendale and the popular market of Ridgewood.  “We are a full-service team providing white-glove service. We offer fantastic staging, best-in-class marketing, and strong negotiation skills to get clients to the finish line,” said real estate guru Laura Gill. “We have invested in technology and our people to give clients the best possible experience.” Gill, who specializes in residential listings in Bergen County and parts of Passaic, Essex, Morris and Ocean Counties, credited the year’s success to her corporate marketing background. This expertise allows her to showcase her properties with extensive marketing over and above other real estate agents and teams. The Laura Gill Group’s reach and community connections are extensive, with a stellar reputation within the industry. Clients and agents alike enjoy dealing with the team as they know they will be treated fairly and with respect. Her group is comprised of accomplished negotiators with their fingers on the pulse of the market—going over and above to really listen to their clients’ needs and concerns while working hard to get them the best result as smoothly and quickly as possible. Laura’s eye for design and offering professional staging services allow her properties to show their best. You can see how all this hard work has paid off in The Laura Gill Group’s glowing testimonials, which includes high praise from Elvira Rudner, a resident of Allendale.  “It has been a wonderful experience working with Laura Gill and her team. From the moment that we met Laura to discuss selling our house, we knew that we were in the best hands. She is a role model in terms of professionalism, enthusiasm, love of her job, creativity, navigating between buyers/sellers/attorneys/agents. We had similarly positive and impressive experiences with every member of her team. Laura and her team did an amazing job staging our house, photographing it, organizing showings, getting multiple bids on the house, navigating inspections and further negotiating on our behalf. Throughout the entire process, we felt very well taken care of, secure, listened to, respected, and we could not be any happier with the results. The execution of our sale was flawless, and it gives us great pleasure to be able to recommend Laura and her team to others.” To stay successful in this industry, it goes without saying that home buyers and sellers expect real estate agents to go that extra mile when showing properties, relying on trusted real estate agents to deliver full-service real estate recommendations. Perhaps Kristen Tsarnas sums it up best by saying, “Laura is an amazing full-service real estate pro: proactive, knowledgeable and ethical. She knows how to advise you in any situation, and with the perfect balance of kindness and assertiveness.” The post The Laura Gill Group Surpasses $100 Million in Sales for 2021 appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyJan 14th, 2022

JD Sports Scores A Christmas Cracker On A Shopping Pitch Full Of Obstacles

“JD Sports Fashion PLC (LON:JD) has scored a Christmas cracker on a shopping pitch full of obstacles. Despite the supply chain crunch hitting some brands, a growing income squeeze and fears about the spread of omicron, it’s still notched up a stellar run. Like-for-like revenues grew 10% in the 22 weeks to January 1st, compared […] “JD Sports Fashion PLC (LON:JD) has scored a Christmas cracker on a shopping pitch full of obstacles. Despite the supply chain crunch hitting some brands, a growing income squeeze and fears about the spread of omicron, it’s still notched up a stellar run. Like-for-like revenues grew 10% in the 22 weeks to January 1st, compared to the same period in 2020, with Black Friday and Christmas sales on a winning streak and margins holding up well. Its performance is  testament to the pull of the brands it sells and its well-oiled online operations but the group has also benefited from a Biden bounce. A chunk of the stimulus cheques sent out in the US provided a £100 million kick to sales with many recipients splashing the cash on coveted products worn by their sports icons. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2021 hedge fund letters, conferences and more JD Sports' Goal Of Growth The group’s headline profit before tax for the full year will now be significantly ahead of market expectations of £810 million, reaching £875 million. But ahead, it won’t be so easy to score an easy goal of growth of this level given that the effects of that stimulus boost are fading away and higher national insurance contributions in the UK will have to be absorbed. Adding into the challenging mix are ongoing supply chains issues constraining the availability of some products but the group has already shown its nimble performance in navigating that particular headwind. With sports and fashion fans showing a willingness to queue around the block to get their hands on the latest styles, sales should remain buoyant even as belts are tightened elsewhere." Article by Susannah Streeter, senior investment and markets analyst Hargreaves Lansdown About Hargreaves Lansdown Over 1.67 million clients trust us with £138.0 billion (as at 30 September 2021), making us the UK’s number one platform for private investors. More than 98% of client activity is done through our digital channels and over 600,000 access our mobile app each month. Updated on Jan 14, 2022, 9:32 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJan 14th, 2022

HUNT Real Estate Continues Expansion into Phoenix Real Estate Market

HUNT Real Estate Corporation has announced the merger of Conway Real Estate with its Arizona-based brokerage. Founded in 2009 by Mike Conway, the firm closed over $205 million in sales in 2021. Their 99 licensed real estate professionals will join HUNT effective immediately. “Mike has assembled a very fine group of real estate professionals that […] The post HUNT Real Estate Continues Expansion into Phoenix Real Estate Market appeared first on RISMedia. HUNT Real Estate Corporation has announced the merger of Conway Real Estate with its Arizona-based brokerage. Founded in 2009 by Mike Conway, the firm closed over $205 million in sales in 2021. Their 99 licensed real estate professionals will join HUNT effective immediately. “Mike has assembled a very fine group of real estate professionals that we are delighted to welcome to our organization,” stated Peter F. Hunt, HUNT Real Estate Corporation Chairman and CEO. Robert Shaw, regional vice president for HUNT in Arizona, worked on this transaction with Conway for several months. “The key factor in our success has been the culture we have built in Arizona,” said Shaw. “Mike and I had to determine if our cultures would mesh. Not only do we believe this to be true, but we are so impressed with Mike that he will stay with us as the branch director for his two offices.” HUNT Real Estate already operates six branches in the Phoenix Metropolitan area: Gilbert, Glendale, Cave Creek, Chandler and two offices in Scottsdale. The addition of the two Conway Real Estate locations in Mesa and Phoenix expands the reach of the combined companies, increasing options for homebuyers and sellers. For more information about HUNT Real Estate, visit www.huntrealestate.com. The post HUNT Real Estate Continues Expansion into Phoenix Real Estate Market appeared first on RISMedia......»»

Category: realestateSource: rismediaJan 14th, 2022

Persimmon – Full Year Trading Update

Persimmon plc (LON:PSN), one of the UK’s leading housebuilding operators has released a trading update, for the year to Dec 31. Q4 2021 hedge fund letters, conferences and more The company say that margins have been maintained, land purchases stepped up in the face of strong consumer demand and that selling prices edged up by […] Persimmon plc (LON:PSN), one of the UK’s leading housebuilding operators has released a trading update, for the year to Dec 31. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2021 hedge fund letters, conferences and more The company say that margins have been maintained, land purchases stepped up in the face of strong consumer demand and that selling prices edged up by a low single-digit pace over the year. The company has maintained pre-pandemic build rates in recent quarters, despite Omicron challenges to labour availability. The shares dipped by 2% in early trading. Persimmon's Moving Parts Steve Clayton, fund manager at HL Select: “With approaching 300 sites in operation, Persimmon have a lot of moving parts. Some analysts expected turnover to be a shade higher, but then again, the big jump in forward bookings, up from £1.32bn to £1.62bn suggests that demand is fine and most likely, some completions slipped over the year end as Omicron raced through workforces up and down the country. Having stepped up land purchases, Persimmon should be able to capitalise on demand, so long as they can get the planning system to work for them. With sales rates up 20% in the second half the company is well positioned for the new year. Persimmon had already taken steps to rectify cladding issues for the small number of tall buildings they constructed, and were expecting to pay the previously announced industry levy. Unsurprisingly they remain tight-lipped about the recent proposals for further measures by Government, whilst these remain under negotiation. With significant manufacturing capacity of their own, Persimmon are better insulated from cost price inflation than peers and this shows in their confidence about maintaining margins at high levels. Cash generation is solid and the group looks well placed to continue to pay attractive levels of dividends to shareholders. Last year the group paid out 225p per share. We’ll get more visibility on what the group might be able to return to investors in early March when the group offer an assessment of the market outlook to accompany their full year results.” About Hargreaves Lansdown Over 1.67 million clients trust us with £138.0 billion (as at 30 September 2021), making us the UK’s number one platform for private investors. More than 98% of client activity is done through our digital channels and over 600,000 access our mobile app each month. Updated on Jan 13, 2022, 4:18 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJan 13th, 2022

J Sainsbury’s – Cracker Christmas But The New Year Has A Lot To Prove

J Sainsbury plc (LON:SBRY)’s grocery trading was better than expected in the third quarter and important Christmas period. That reflects increased market share as the group invested heavily in reducing prices and expanding its food ranges. Q4 2021 hedge fund letters, conferences and more General Merchandise and Clothing sales fell year-on-year because of weak demand, […] J Sainsbury plc (LON:SBRY)’s grocery trading was better than expected in the third quarter and important Christmas period. That reflects increased market share as the group invested heavily in reducing prices and expanding its food ranges. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2021 hedge fund letters, conferences and more General Merchandise and Clothing sales fell year-on-year because of weak demand, comparisons with last year’s exceptional trading, supply chain issues and the decision to reduce promotional activity. Total retail sales are up 1.4% on a two-year basis. The better-than-expected grocery results and cost savings means full year underlying operating profit guidance has been upped by £60m, to £720m. The shares rose 2.3% following the announcement. Sophie Lund-Yates, equity analyst at Hargreaves Lansdown: “Sainsbury’s is the latest supermarket directly trying to take on the discounters, with massive investment in reducing prices helping the supermarket up its market share. The group also benefitted from another year of customers wanting to treat themselves over the festive season, as rules were relaxed and people went all-out, piling trollies and virtual baskets high. Record champagne sales will have helped the overall picture, but are also a marker of a wider benefit for bigger superstores. Sainsbury’s can offer customers everything they need under one roof, including famous drink labels – that’s not something the German discounters can say. Striking the right balance between offering good value and having the correct food proposition has meant good news for Sainsbury’s this time around. As we embark on the new year there are some lingering challenges. General Merchandise sales remain subdued, and while current events including supply chain disruption are partly to blame, there are structural declines in some markets. Sainsbury’s is especially exposed to this market thanks to the acquisition of Argos. Compared to pre-pandemic times, overall sales growth is sluggish. That’s largely because the supermarket sector is incredibly competitive, holding onto market share is a bit like trying to grab a wriggling fish. To reverse this, Sainsbury’s is sliding down the value chain to appeal to cost-conscious shoppers. It’s a relief to see the group target a more specific market, and this approach could certainly help in an inflationary environment as incomes don’t stretch as far. Progress can’t really be knocked. However, keeping margins inflated will rely on volumes keeping pace, doing that over the long-term will involve nailing the proposition time and time again.” About Hargreaves Lansdown Over 1.67 million clients trust us with £138.0 billion (as at 30 September 2021), making us the UK’s number one platform for private investors. More than 98% of client activity is done through our digital channels and over 600,000 access our mobile app each month. Updated on Jan 13, 2022, 3:12 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJan 13th, 2022

Ocugen"s (OCGN) COVID-19 Booster Effective Against Omicron

Ocugen's (OCGN) India-based partner announces robust neutralizing antibody responses against Omicron and Delta variants, following the administration of the booster dose of COVID-19 vaccine, Covaxin. Ocugen, Inc. OCGN announced that its India-based partner, Bharat Biotech, reported positive data from the live virus neutralization assay evaluating a booster dose of its COVID-19 vaccine, Covaxin (BBV152). Data showed that administration of the booster dose following six months of the initial two-dose regimen of the vaccine led to robust neutralizing antibody responses against the two popular COVID-19 variants of concern — Omicron and Delta.The live virus neutralization assay evaluated sera from individuals who received a booster of Covaxin against the two variants. The neutralizing activity of sera from individuals who received the booster was comparable to neutralizing activity of sera from individuals who received a booster of an mRNA-based COVID-19 vaccine namely — Pfizer PFE and BioNTech’s BNTX Comirnaty, and Moderna’s MRNA mRNA-1273.The company stated that the neutralization antibodies were present in more than 90% of the individuals receiving the booster dose.Last week, Bharat Biotech had posted promising results from a phase II study evaluating the booster dose of Covaxin in individuals aged 12 to 64 years on the pre-print server, medRxiv. Data from the study demonstrated a significant increase in neutralizing titers, compared to baseline (at six months following initial two-dose regimen), against key COVID-19 variants — Alpha, Beta, Delta and Delta plus.Please note that Covaxin was developed by Bharat Biotech and is currently authorized for emergency use in 17 countries as well as by the World Health Organization. However, the vaccine is yet to receive approval/authorization in the United States. Meanwhile, more than 180 million doses of Covaxin have been administered outside of the United States.Shares of Ocugen have gained 66.8% in the past year against the industry’s decrease of 29.8%.Image Source: Zacks Investment ResearchLast month, Bharat Biotech posted positive results from a study of Covaxin in the age group of two to 18 years for COVID-19. The participants demonstrated a robust neutralizing antibody response and favorable safety profile when given a two-dose regimen administered 28-days apart. The children in this age group showed antibody responses comparable to adult data from a previous phase III study wherein greater than 93% reduction in severe disease was observed.Although Ocugen and Bharat Biotech are progressing well with the development of their COVID-19 vaccine and its booster dose, they lag the leading COVID-19 vaccine makers.Pfizer and BioNTech lead the race for the successful development of a COVID-19 vaccine, which is approved as a two-dose series to prevent COVID-19 in individuals 16 years of age and older in the United States. The booster dose of Pfizer and BioNTech’s COVID-19 vaccine has also been authorized for use in adults in the United States.Moderna comes second with its mRNA-1273, which is also authorized for use in adults and adolescents. Moderna’s COVID-19 booster is also authorized for use in adults.The combined sales of Pfizer, BioNTech and Moderna’s COVID-19 vaccines constituted a major chunk of total COVID-19 vaccine sales in 2021 and these vaccines are likely to maintain their lead in 2022 as well.Ocugen, Inc. Price Ocugen, Inc. price | Ocugen, Inc. QuoteZacks RankOcugen currently carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pfizer Inc. (PFE): Free Stock Analysis Report Moderna, Inc. (MRNA): Free Stock Analysis Report Ocugen, Inc. (OCGN): Free Stock Analysis Report BioNTech SE Sponsored ADR (BNTX): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 13th, 2022

4 Specialty Chemical Stocks to Buy Despite Supply-Chain Snarls

Although the specialty chemical industry is grappling with higher costs related to supply-chain and logistics disruptions, higher demand across key markets augurs well for the industry in 2022. ASIX, HWKN, ICL and LTHM are worth betting on. The specialty chemical industry reeled under the effects of significant demand contraction in 2020, following a slowdown in industrial and economic activities amid the global health crisis. However, the industry witnessed a recovery in 2021 on an uptick in demand in key markets.With the reopening of the major economies around the world, demand for specialty chemicals started to pick up on a rebound in global industrial and manufacturing activities. Notably, demand for specialty chemicals in the United States has been driven by a surge in consumer spending, aided by the accelerated deployment of vaccines coupled with the sizable coronavirus stimulus.While the specialty chemical industry remains hamstrung by supply-chain disruptions and a spike in raw material and logistic costs, healthy demand in key end-use markets bodes well. Stocks like AdvanSix Inc. ASIX, Hawkins, Inc. HWKN, ICL Group Ltd ICL and Livent Corporation LTHM are good choice for investment in the current scenario.Specialty chemicals that include catalysts, surfactants, specialty polymers and coating additives have application in the manufacturing process of a vast range of products, including paints and coatings, cosmetics, petroleum products, inks and plastics. Automotive, construction, textile, food & beverages, electronics, energy and agriculture are among the top markets for these chemicals.The automotive sector has made a recovery after hitting a major speed bump due to the pandemic in 2020, courtesy of a strong rebound in customer demand for new vehicles, low auto loan interest rates and rising preference for private transportation in the wake of the pandemic. Specialty chemicals makers saw healthy demand in automotive in 2021 despite the negative impact on global auto production due to semiconductor shortages.The National Automobile Dealers Association (“NADA”) expects U.S. new-vehicle sales to rise 3.4% year over year to 15.4 million units in 2022. New-vehicle sales in 2021 were impacted by the pandemic and the semiconductor shortages, which contributed to constrained vehicle inventory at dealerships across the United States. Notably, new-vehicle sales went up 3.1% year over year to 14.93 million units last year. NADA sees the disruptions from microchip shortages to continue through at least second-quarter 2022.Meanwhile, a resilient construction sector is driving demand for specialty chemicals such as paints and coatings. Residential construction has picked up around the world, supported by lower interest rates and higher demand for new properties due to the rising trend of work from home amid the pandemic.The U.S. manufacturing sector also remains in the expansion territory despite supply-chain issues and raw material shortages, aided by higher demand for goods and an upturn in the overall economy. The manufacturing sector is a major driver for the chemical industry, which touches around 96% of manufactured goods.The American Chemistry Council (“ACC”) expects the U.S. chemical industry to accelerate in 2022 on the back of strong consumer demand, aided by the resumption of manufacturing activities and restocking of inventories. The chemical industry trade group projects U.S. specialty chemicals volumes to expand 4.1% in 2022, following 2.6% growth in 2021.However, specialty chemical makers are grappling with raw material cost inflation, and supply-chain and freight transportation disruptions. The closure of a large swath of factories to stem the spread of the COVID-19 outbreak disrupted the global supply chain. This has affected the availability of key raw materials for the specialty chemical industry. The industry also faces headwinds from higher costs associated with logistics constraints and port delays. The shipping bottlenecks have led to a surge in freight costs.The specialty chemical industry bore the brunt of the impacts from the devastating winter storm in the U.S. Gulf Coast — the biggest refining and petrochemical production hub in North America — during the first half of 2021. The supply crunch was worsened by Hurricane Ida. The Category 4 hurricane caused significant damage to critical industries in the Gulf Coast area, with chemicals being among the hardest hit. Force majeures and plant shutdowns associated with Ida further squeezed the supply of major raw materials and pushed up their prices. Ida also curbed chemical production due to raw material and supply constraints.The bottlenecks are unlikely to die down soon as the rapid spread of the Omicron variant of coronavirus threatens to exacerbate pressure on the already strained global supply chain. The lingering impacts of supply-chain upheavals are expected to continue over the short haul and exert pressure on the margins of chemical specialty companies.4 Stocks Worth Betting OnAlthough the specialty chemical industry is exposed to headwinds from supply-chain bottlenecks and higher raw material and logistics costs due to coronavirus and weather-related events, higher demand across key markets represents a tailwind for the industry.We highlight the following four stocks with a solid Zacks Rank that are good options for investment right now. Our research shows that stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) offer good investment opportunities.You can see the complete list of today’s Zacks #1 Rank stocks here.AdvanSix: New Jersey-based AdvanSix is expected to benefit from improved end-market conditions and growth of its differentiated products. ASIX is seeing a recovery in demand across a number of markets, including automotive, building & construction, electronics and packaging. Higher demand is expected to drive its volumes. Strong agricultural industry fundamentals also bode well.AdvanSix, sporting a Zacks Rank #1, has expected earnings growth of 3.9% for the current year. The Zacks Consensus Estimate for current-year earnings for ASIX has been revised 1.6% upward over the last 60 days. The company beat the Zacks Consensus Estimate in each of the trailing four quarters at an average of 46.9%.Hawkins: Minnesota-based Hawkins has a Zacks Rank #2. It is seeing strong growth in its Water Treatment unit, riding on strength across pools, resort and fitness center end markets. Acquisitions of ADC and C&L Aqua are also contributing to its performance. Higher demand for health and immunity products is driving its Health and Nutrition segment. HWKN’s Industrial segment is also benefiting from higher sales of agricultural, pharmaceutical and food ingredient products. The acquisition of NAPCO Chemical also expands its Water Treatment business.Hawkins has expected earnings growth of 15.4% for the current fiscal year. The consensus estimate for HWKN’s earnings for the current fiscal has been revised 5.7% upward over the last 60 days. It beat the Zacks Consensus Estimate for earnings in three of the last four quarters while missing once. It has a trailing four-quarter earnings surprise of roughly 21%, on average.ICL Group: Israel-based ICL Group carries a Zacks Rank #2. It is benefiting from the strength in its specialties businesses and an upside in commodity prices. ICL is seeing higher demand across consumer electronics, textiles, automotive and construction markets. Higher end-market demand and prices are expected to drive its performance. A recovery in end markets is likely to drive sales of its bromine compounds and phosphorous and magnesia-based products. Solid demand for electric vehicles and energy storage is also expected to drive demand for its phosphate and bromine-based specialty products.ICL Group has expected earnings growth of 50.9% for the current year. The Zacks Consensus Estimate for ICL’s current-year earnings has been revised 3.8% upward over the last 60 days. The company beat the Zacks Consensus Estimate in each of the trailing four quarters at an average of 59.6%.Livent: Pennsylvania-based Livent is expected to benefit from strong demand and high lithium pricing, aided by strong market conditions. Higher realized pricing is expected to drive its top line and margins. LTHM also remains on track with its near-term capacity expansions, with the 5,000 metric ton hydroxide addition in Bessemer City and initial lithium carbonate expansion of 10,000 metric tons in Argentina expected to attain commercial production by third-quarter 2022 and first-quarter 2023, respectively.Livent, carrying a Zacks Rank #2, has expected earnings growth of 186.7% for the current year. The Zacks Consensus Estimate for earnings for the current year for LTHM has been revised 10.3% upward over the last 60 days. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ICL Group Ltd (ICL): Free Stock Analysis Report AdvanSix (ASIX): Free Stock Analysis Report Hawkins, Inc. (HWKN): Free Stock Analysis Report Livent Corporation (LTHM): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJan 13th, 2022

3 Stocks to Gain From the Flourishing Building Maintenance Industry

With manufacturing and service activities gathering steam and the construction business reviving, the Zacks Building Products - Maintenance Service industry is poised to prosper. LMB, ABM and ROL are three well-placed stocks to ride this demand strength. Strength in the construction business, along with a rise in manufacturing and service activities, is enabling the Zacks Building Products - Maintenance Services industry to support the improving demand environment.Service essentiality, technology and capital-management measures are aiding Limbach Holdings, Inc. LMB, ABM Industries Incorporated ABM and Rollins, Inc. ROL to sail through the pandemic-induced testing times.About the IndustryCompanies under the Zacks Building Products - Maintenance Services category provide a wide range of services, including electrical, lighting, cleaning, installation, repair, replacement, heating, ventilation, air-conditioning (HVAC), plumbing, landscaping, equipment upgradation, energy monitoring and pest control. The industry is steadily recovering from the pandemic-induced weakness, with demand for services shooting up in residential, commercial and public buildings and various industries across the globe. As these services are essential and cannot be delayed or canceled, demand for the same is expected to accelerate drastically post-pandemic, helping the industry players quickly cater to the end markets, recover from the Covid-19-induced supply-chain disruptions and negative financial impacts.What's Shaping the Future of the Building Maintenance Industry?Sustained Demand Expansion: Revenues, income and cash flows have been increasing for the past several years, mainly because the companies offer services that consumers generally cannot delay. This has enabled most industry players to increase dividends.Manufacturing and Service in the Pink: With both manufacturing and service activities gathering steam, demand for building maintenance services is anticipated to rise steadily. Although the economic activity in the manufacturing sector shrunk 2.4% from November to December, with the Manufacturing PMI measured by the Institute for Supply Management (“ISM”) touching 58.7%, the reading of above 50% marked the 19th consecutive month of expansion. Non-manufacturing activities declined 7.1% in December from the November all-time high of 69.1, as the Services PMI measured by the ISM touched 62%. With a reading above 50%, this is the 19th consecutive month of expansion of service activities.Increasing Construction Spending: The construction business, on which the industry is largely dependent, has strengthened sequentially and year over year. Per the latest release by the U.S. Census Bureau, construction spending during November 2021 was estimated at a seasonally-adjusted annual rate of $1,625.9 billion, up 0.4% from the October 2021 estimate and 9.3% from the November 2020 estimate. During the first 11 months of 2021, construction spending rose 7.9% from the same period in 2020.Zacks Industry Rank Indicates Bright ProspectsThe Building Products - Maintenance Service industry, which is housed within the broader Business Services sector, currently carries a Zacks Industry Rank #18. This rank places it in the top 7% of more than 250 Zacks industries.The group’s Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates solid near-term growth prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Analysts covering the companies in this industry have been steadily pushing their estimates north. Over the past year, the industry’s consensus earnings estimate for 2022 has moved 20.2% north.Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and current valuation.Industry's Price PerformanceOver the past year, the Zacks Building Products - Maintenance Service has depreciated 17.6% against the S&P 500 composite’s rally of 23.7%. The broader sector has declined 37.5% during the same period.One-Year Price PerformanceIndustry's Current ValuationComparing the industry with the S&P 500 composite on the basis of forward 12-month price-to-earnings (P/E), which is a commonly-used multiple for the industry, we see that the industry trades at 30.73X, higher than the S&P 500’s 21.52X and the sector’s 29.65X.Over the past five years, the industry has traded as high as 72.32X, as low as 25.11X and at a median of 37.44X.Price to Forward 12 Month P/E Ratio3 Building Maintenance Stocks to ConsiderWe present three stocks that currently carry a Zacks Rank #1 (Strong Buy) or a Zacks Rank #3 (Hold) and are well-positioned for near-term growth. You can see the complete list of today’s Zacks #1 Rank stocks here. Limbach Holdings, Inc.: The company is a commercial specialty contract services provider. It is currently focusing on risk management under an enhanced project selection framework, cash flow and liquidity maximization through improved working capital management. While the sales pipeline is strong in most of its existing markets, Limbach pursues opportunities in new markets.Limbach currently sports a Zacks Rank #1. The Zacks Consensus Estimate for the company’s 2022 EPS has moved up 8% over the past 60 days.Price and Consensus: LMBABM Industries Incorporated: This integrated facility solutions provider currently carries a Zacks Rank of 3. ABM's multi-year comprehensive strategic plan, ELEVATE, focuses on providing clients with offerings that enhance transparency and efficiencies, developing its own talent management system capabilities, expanding data usage and modernizing the digital ecosystem. ELEVATE is expected to significantly accelerate the company’s organic growth, improve its strategic and comprehensive positioning and reinforce profitability.The recently closed acquisition of Able Services is expected to strengthen ABM’s engineering and technical services and expand its sustainability and energy efficiency offerings. The buyout adds $1.1 billion in engineering and janitorial services revenues and is anticipated to achieve around $30 million to $40 million in cost synergies for the company.The Zacks Consensus Estimate for fiscal 2022 EPS has been unchanged at $3.41 over the past 60 days.Price and Consensus: ABMRollins, Inc.: This leading pest and termite control services provider is benefiting from its balanced approach to organic and inorganic growth. The company’s revenues increased 11.4% in the third quarter of 2021, with acquisitions contributing 2.2% and organic growth contributing 9.2%. All of its business lines – residential, commercial and termite – are currently in good shape.Rollins currently carries a Zacks Rank #3. The Zacks Consensus Estimate for 2022 EPS has been unchanged at 72 cents over the past 60 days.Price and Consensus: ROL Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Rollins, Inc. (ROL): Free Stock Analysis Report ABM Industries Incorporated (ABM): Free Stock Analysis Report Limbach Holdings, Inc. (LMB): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 13th, 2022

Top Stock Reports for Exxon Mobil, Sony & Estee Lauder

Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), Sony Group Corporation (SONY), and The Estee Lauder Companies Inc. (EL). Wednesday, January 12, 2022The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), Sony Group Corporation (SONY), and The Estee Lauder Companies Inc. (EL). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.You can see all of today’s research reports here >>>Shares of Exxon Mobil have outperformed the Zacks Integrated International Oil industry over the past year (+56.5% vs. +40.2%). The Zacks analyst believes that major discoveries in the Stabroek Block have enhanced prospects for ExxonMobil's upstream businesses. Exxon recently made two new oil discoveries in the Stabroek Block, which will add to its 10 billion oil-equivalent barrels of recoverable resources from the block.XOM already has a strong presence in the prolific Permian Basin, where it continues to lower its fracking & drilling costs. Exxon Mobil increased its fourth-quarter 2021 dividend to 88 cents per share. In order to capitalize on mounting demand for clean energy, XOM is making efforts to create more efficient fuels while reducing emissions.(You can read the full research report on Exxon Mobil here >>>)Sony shares have gained +15.4% over the past three months against the Zacks Audio Video Production industry’s gain of +14%. The Zacks analyst believes that Sony has been benefiting from an increase in Game & Network Services, Pictures, Music and Electronics Products & Solutions segments sales.Sony’s long-term vision is to achieve a ‘zero environmental footprint’ by 2050 for the entire life cycle of its products. It has incorporated several changes to the Group’s organizational structure in a bid to boost individual businesses as well as to leverage the diversity of its business portfolio. Escalating cost of goods sold and fluctuations in foreign currency exchange rates, however, remain as major concerns for Sony.(You can read the full research report on Sony here >>>)Shares of Estee Lauder have gained +6.6% in the last six months against the Zacks Cosmetics industry’s loss of -19%. The Zacks analyst believes that Estee Lauder has been benefiting from the momentum in its Skin Care business.  A robust online presence is another major catalyst for Estee Lauder’s growth.EL saw net sales growth in every region and product category in first-quarter fiscal 2022. Estee Lauder is also undertaking cost-control measures. The company, however, experienced intermittent shutdowns in certain markets during the first quarter, due to a spike in COVID cases. International travel restrictions have also been affecting consumer traffic in certain locations.(You can read the full research report on Estee Lauder here >>>)Other noteworthy reports we are featuring today include Cigna Corporation (CI), Vale S.A. (VALE) and Block, Inc. (SQ).Sheraz MianDirector of ResearchNote: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>Today's Must ReadExxon Mobil (XOM) Gains From Discoveries at Stabroek BlockSONY (SONY) Gains From Strength in Game & Network ServicesThe Estee Lauder Companies (EL) Gains on Skincare StrengthFeatured ReportsCigna (CI) Benefits from Strategic Acquisitions, Costs HighPer the Zacks analyst, strategic buyouts have enhanced the company's capabilities, which in turn have led to top-line growth. However, high costs continue to weigh on margins.Improving Iron Ore Prices to Aid Vale (VALE) Amid High CostsPer the Zacks analyst, improving iron ore prices aided by recovery of steel demand in China will aid Vale's top-line performance. Inflated input and freight costs will likely hurt margins.Growing Cash App Adoption & Seller Momentum Aid Block (SQ)Per the Zacks analyst, Block is benefiting from strong Cash App engagement and its growing active customer base. Further, the company's strengthening momentum across sellers remains a positive.Buyouts, Diversification Aid Moody's (MCO), High Costs AilsPer the Zacks analyst, synergies from strategic buyouts and efforts to diversify revenues will keep aiding Moody's.Order Growth Aids General Dynamics (GD), Poor Deliveries WoePer the Zacks analyst, solid order flow for its products bolsters General Dynamics' revenue growth prospects. Yet poor deliveries from its Aerospace segment, led by COVID-19, might hurt the stock.Investment Aids Edison International (EIX), Weak FinancialsPer the Zacks analyst, Edison International's systematic capital investment strategy plan is likely to boost its growth in the long term.Airfreight Revenues and Dividends Boost Expeditors (EXPD)The Zacks analyst is impressed with the company's efforts to reward its shareholders. The uptick in airfreight revenues represents an added positive.New UpgradesWilliams (WMB) to Benefit from Transco-Related ProjectsThe Zacks analyst believes that Williams' existing and expansionary projects associated with the massive Transco gas transmission system are expected to boost the company's growth prospects.Nucor (NUE) Gains on Strong Demand, Higher Steel PricesPer the Zacks analyst, Nucor will benefit from strong demand across non-residential construction and automotive markets. Higher steel prices will also act as a catalyst for its steel mills unit.Strong Demand for Amarin's (AMRN) Vascepa Driving RevenuesPer the Zacks analyst, Amarin's sole marketed drug, Vascepa, has demonstrated encouraging sales growth since its launch in 2013. The momentum is expected to continue for the rest of 2021.New DowngradesStiff Competition, High Debt Burden Ail America Movil (AMX)Per the Zacks analyst, intense competition from U.S. telecom behemoth AT&T, along with a strict switching policy, is likely to strain America Movil's margins. High debt load is another major concern.Stiff Competition in MedTech Space Ails Cardinal Health (CAH)The Zacks analyst is worried about Cardinal Health's operation in a tough competitive space. Probabilities of losing any group purchasing organizations is an added issue.High SG&A Costs Likely to Weigh on Tapestry's (TPR) MarginsPer the Zacks analyst, a rise in SG&A expenses may hit Tapestry's margins. Adjusted SG&A expenses rose 26.6% year over year to $761.6 million during the first quarter of fiscal 2022. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exxon Mobil Corporation (XOM): Free Stock Analysis Report VALE S.A. (VALE): Free Stock Analysis Report The Estee Lauder Companies Inc. (EL): Free Stock Analysis Report Cigna Corporation (CI): Free Stock Analysis Report Block Inc. (SQ): Free Stock Analysis Report Sony Corporation (SONY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 13th, 2022

Top Stock Picks For 2022

2022 is a stock pickers market and the recent dip provides us with some favorable pricing for these winning picks. After a brief yield-fueled market pullback to start the year, 2022’s looks ripe with fresh investment opportunities. Below I break down 6 innovation-powered picks for the rapidly digitalizing economic environment that the new normal is poised to drive materially higher.An Accommodative FedFed Chair Powell's dovish words of relief in his reconfirmation hearing on Capitol Hill provided a friendly bid for recently pressured equities (especially deeply discounted innovation), giving US Treasury yields a chance to take a momentary pause before the Fed's January meeting at the end of this month.Jerome Powell remains stoic in his positioning regarding the persistent nature of global supply and demand imbalances that he maintains are being generated by relentless COVID pressures, which have yet to subside (I agree with this perspective).Jerome acknowledged that the aggressive monetary stimulus the Fed provided public markets for nearly 2 years now is no longer necessary but didn't sound anxious to raise the Fed Funds rate back to pre-pandemic levels in any expedited manner.Powell reiterated what he had said in December's FOMC meeting: we are operating in a digitalized economic environment that is entirely different than the one we left behind in 2019 (no past comparable can be used as reference). The Fed has lowered its long-term target Fed Funds range by 50 basis points since the pandemic began, implying a systemic economic shift that could support lower rates.Jerome's dovish comments about the natural inflation curbing ahead coupled with a slow and steady monetary tightening strategy were just what the market needed to hear. Powell may have put a bottom in for the best-positioned high-growth stocks in the market. It's time to get greedy as others remain fearful.CrowdStrike (CRWD)When asked what he thought the greatest threat to the US economy was at present, Fed Chair Jerome Powell's answer wasn't the Omicron-variant, inflation, or even global economic turmoil but a cyberattack on a prominent US financial institution. CrowdStrike CRWD and its unmatchable cutting-edge AI-fueled cybersecurity platform is the long-term opportunity for this looming digital threat. Any price below $200 a share is a steal for CRWD.CrowdStrike is trusted by Wall Street's top firms, including Goldman Sachs GS and Credit Suisse CS, who can't afford to have any digital vulnerabilities.CrowdStrike is a modern cloud-based solution for the escalating security threats that the increasingly mobile internet age has brought. This company leverages AI, cloud computing, and graph databases for its vigilant security software. CrowdStrike's security AI is perpetually improving as it advances from crowdsourcing and economies of scale. CRWD's cloud-based Falcon platform is an intelligent and evolving digital protector that detects and stops breaches in real-time. This business was provided with a tremendous tailwind in 2020 as the enterprise's best-in-class AI-driven cybersecurity platform became arguably the most sought-after in the industry. Business spending is taking off as we enter 2022 and the economy finally reemerges from the Pandemic downturn. Upgrading cybersecurity is on the top of that Cap Ex list for many financial institutions. CrowdStrike's best-in-class AI-powered Falcon platforms are the obvious solution to any business's digital susceptibility concerns.The TradeThe Fed has now set its interest rate expectations for 2022, and I believe it's prudent to start a position in this best-in-class cybersecurity stock for the future.The market looks to have put in a bottom to CRWD's precipitous decline at just below $175 a share. Look to buy CRWD between $200 and $190, which I presume we reach at some point in today's session, with profit pulling in mega-cap tech weighing on sentiment for high-valuation stocks.Final Thought On CRWDCrowdStrike is taking over the cybersecurity space with its unmatchable threat detection and immediate response capabilities that continue to improve as its proven AI-driven platform learns and adapts to mounting risks. No matter what happens in the broader economy, there will continue to be a swelling demand for this technology as the rapid digital adaptation exposes more and more endpoint liabilities.The company is expected to turn a full-year profit in 2022. Its proliferating subscription-based business model provides the visibility & reliability that justify its still frothy valuation (24x price to forward sales).This is a high-risk/high-reward play, so I am only giving it a 5% allocation. Still, with price targets averaging around $300 a share, I am confident that reward far outweighs the risk in the long run, as long as you can stomach some short-term volatility.ACM Research (ACMR)The time to reopen our Headline Trader portfolio to the recently suppressed Chinese stocks has come, with Biden's administration making clear efforts to resume its alliance with Beijing (after years of political turmoil). At the same time, China's overdue economic recovery commences as it prepares for the 2022 Olympics in Beijing, which is now less than 4 weeks away.At the same time, the ripping rally in US public equities has been decelerating over the past 2 months, following an over 100% bull run from the S&P 500 since the pandemic lows in March 2020 (40% above pre-pandemic high), and investors are beginning to look abroad for higher return opportunities.I am adding ACM Research ACMR, a niche small-cap semiconductor play with ideal exposure in Asia. ACMR provides substantial upside potential at its currently discounted valuation, with its rapidly accelerating chipmaking capacity and its strategic Chinese exposure being the primary buy catalyst.ACM Research is a global leader in semiconductor equipment. As chip manufacturers in Asia begin ramping up production, ACM's best-in-class chipmaking equipment is poised to take flight following a year and a half of sideways trading action.Chip demands far surpassing current production capacities entering the digital renaissance of the 4th Industrial Revolution, positioning this business to explode as the Roaring 20s recommence.China Risk's May Be USChinese stocks have been hammered for nearly a year now, as President Xi and his increasingly autocratic communist administration crackdown on the swelling wealth in its booming tech sector. Xi's fear of losing control of "his" nation to a wealthy group of elites is reminiscent of Mao Zedong's totalitarian regime.This paranoid egotistical positioning has led to a tidal wave of new tech-focused regulations under the guise of elevating "equality" and improved "productivity." These have capitulated the value of this nation's most prominent innovators by a meaningful amount.Those stocks that had been at the center of these regulatory headwinds have seen their share values significantly deteriorate, presenting some superior long-term prospects as the global economy reemerges from the pandemic with a digitally fueled ambition.The CatalystACM Research is a US-based capital equipment firm. Yet, its 3 most prominent customers, representing 76% of 2020 revenue, are based in mainland China, with another nearly 10% of its sales going to a South Korean chip innovator. Over the past 5 years, China and Korea have seen their semiconductor spaces drive compounded annual revenue growth of 20.7% & 19.5% and have become the epicenter for future development for ACMR.As ACM Research takes advantage of the booming demand, this chip equipment powerhouse is rapidly ramping up its own equipment production capacity and capabilities (more offerings) in the region. The company has several new expansion projects for organic growth that will continue to fuel this stock's growth in 2022.ACMR remains a small-cap equity with a market cap of less than $1.5 billion, but with proven profitable growth between 35% - 45% in the past 3 years, and a place in Morgan Stanley's short list of 2022 chip picks, it’s only a matter of time before the market gets wind of this unique investment thesis and lifts ACMR out of its small-cap shadow and into the large-cap spotlight.6 out of 6 analysts are calling ACMR a buy today now, with price targets between $100 and $150 (representing upsides between 27% and 92%). Not to mention the increasingly bullish outlook on ACMR has thrusted this stock into a Zacks Rank #1 (Strong Buy).SMART Global Holdings (SGH)SMART Global Holdings SGH is the under-the-radar semiconductor stock you've been looking for, with its broadening portfolio of cutting-edge chips poised to take flight in this commencing technological Renaissance.SGH is roaring out of the shadows with an ambitious growth strategy that won't remain under the investors' radars for much longer. New CEO Mark Adams is transforming this once complacent memory-focused legacy tech business into a motivated leader in niche innovations.The company released a record quarterly report at the start of 2022, blowing analysts' estimates out of the water and raising forward guidance. However, SGH's undiscovered attributes appear to have both positive and negative consequences, which we saw in its (unwarranted) post-earnings capitulation. This drop-off is a technical retreat catalyzed by the overbought RSI levels it had reached in recent weeks after an over 100% 52-week run into this year opening earnings report (confusion about the upcoming stock split may also be playing a role).The good news is that it presents us with an excellent long-term investment and short-term trading opportunity as the stock picks up support at its 50-day moving average.SMART Global shares' exceedingly thin trading volumes (low liquidity due to its under-the-radar quality) allowed a small group of controlling institutional shareholders to direct its post-earnings narrative. They pulled profits from this recent winner (up 70% since mid-October), and the downward momentum catalyzed a fear-fueled momentum sell-off.The TradeDon't let these big-shot Wall Street firms scare you away from this clear-cut winner. SGH's post-earnings capitulation is extraordinarily overdone and with the recent shareholder shuffle.Silver Lake, a nearly $100 billion tech-focus private equity fund, had been the primary shareholders of SGH since it went public in 2017 until this past fall when the global investment group completely exited the trade (with public returns of nearly 400% in just a few years), leaving $10s of millions in stock value up for grabs.SMART Global's ownership has since been erratic, with most of the investing world still unaware of this small-cap stock's existence. SGH's ownership is almost entirely institutional at this point, and with the already thin volumes, its vulnerability to short-term price manipulation is high.Nevertheless, those analysts covering SGH are more bullish than ever after its most recent quarterly release.The Earnings ReportSMART Global SGH reported its November quarter results (fiscal Q1 2022) after the closing bell Tuesday afternoon (1/4), beating analysts' estimates and raising guidance, yet SGH fell off a cliff. SMART Global achieved record revenues and margins that flowed down to an incredible 177% increase in per-share profits, with its top-of-the-line intelligence platforms (AI, HPC, & other cloud-functionality) being this next-generation innovator's primary growth driver.SGH was down as much as 18% in its post-earnings price action, but I remain unconvinced that it will stay below $70 a share for long. This knee-jerk sell-off reaction resulted from its small market cap (less than $1.5 billion), concentrated ownership, and overbought RSI levels, which SGH had floated up into following its sizable 25% end-of-year rally.SGH also announced that it would be initiating a 2-for-1 stock split, which would go into effect at the beginning of February. This is a clear signal from SMART Global's new CEO, Mark Adams, whose savvy ambition for innovative growth is the primary reason we are in SGH, that this stock is headed much higher. Either way, I'm more bullish on SGH post-earnings than ever before.The TransformationNow is the time to add this hidden gem to your portfolio before the broader investing world catches wind of this discounted chip winner.SMART Global has been around since the late 80s, but it wasn't until Mark Adams took the helm amid the pandemic last year that this chipmaker's upside potential went through the roof. Adams is transforming this once complacent memory-focused legacy tech company into an energized visionary.Adams was the leading force behind SGH's quick strategic acquisition of Cree's niche LED chip business at the peak of pandemic fear for a steal at $300 million. Cree LED's synergies are already paying dividends as it drives margin expansion, improves the firm's capital & operational efficiency, and provides critical industry relationships.SMART Global's new forward-thinking chief has already vastly improved its operational performance and is ramping up R&D spending to ensure that the enterprise remains ahead of the innovative curve.Analysts are getting increasingly bullish on this under-the-radar transformation play as SGH flips the switch on accelerating profitable growth, knocking estimates out of the park by an expanding percentage over the past 3 quarters. Zacks Consensus EPS Estimates for SGH's have been soaring across all time horizons after this most recent quarterly report driving the stock into a Zacks Rank #2 (Buy), and all 6 covering analysts agree on a buy rating for the unique value opportunity here.The New Business MixSMART Global Holdings had been a reliable pure-play memory leader in the chip space for over 30 years before deciding to broaden its product portfolio, which appeared to be catalyzed by activist investors following SGH's 2017 IPO. The company has since executed 4 strategic acquisitions.Penguin Computing was SGH's first vital acquisition ($85 million price tag) back in 2018, adding a broad portfolio of leading next-generation products, including high-performance computing (HPC), cloud computing, hyperscale data centers, and the development of artificial intelligence (AI). This segment has exploded since its acquisition as its AI-focused products experience budding demand. In the summer of 2019, this resourceful chip giant acquired Artesyn Embedded Computing and Inforce Computing for $80 million and $12 million, respectively. Artesyn (which is now called Smart Embedded Computing) provides critical data center architecture used in "industries such as telecom, military and aerospace, medical, and diverse automation and industrial markets," according to its website.SMART Wireless Computing (formerly known as Inforce Computing) exposes the enterprise to cutting-edge technologies like "medical imaging, collaboration/videoconferencing, wearable hands-free computing, and robotics/unmanned aerial vehicles," according to its investor relations page.SMART's diverse set of growing end-market demands provides the company with an enormous total addressable market (TAM), significant upside potential, and not to mention an excellent hedge against the cyclical nature of the semiconductor market.The mere 11x forward P/E that SGH is currently trading at is a remarkably underappreciated valuation multiple for a high-growth tech business that is expected to exhibit consistent 20%+ earnings growth in the years to come.Final Thoughts On SGHWith its fresh innovation-oriented operational outlay, Mark Adams at the helm (with a now proven track record of skilled management), and an industry-wide outlook of accelerating growth, the future SGH has never been brighter. SGH’s post-earnings capitulation has presented us with an incredible investment opportunity today.Analysts are more bullish than ever on this undiscovered profitable growth chip innovator, which will likely not remain under the broader market’s radar for long. I’m looking at price targets between $90 and $100 a share.Uber (UBER)Uber's UBER heavily discounted valuation is finally receiving the attention it deserves as investors begin to recognize the opportunity that this leading mobility-as-a-service (MaaS) business provides in the new normal. Uber Eats & Uber Rides are poised to explode with margin expanding growth in the new normal as our digitally conditioned global economy relies on these leading mobility services more than ever.A flood of analysts are coming out with exceptionally bullish outlooks on this next-generation global leader in digitally fueled mobility solutions. 22 out of 25 analysts are calling Uber a buy now, with no sell ratings. UBER is trading 75% below its average price target of more than $70 a share and it continues to rise.Alaskan Air (ALK)Alaskan Air ALK is perfectly positioned for the 2022 as it becomes the go-to budget airliner. Alaskan took advantage of the unique growth opportunity the pandemic shutdowns presented, adding 70 new markets, and is one of the few commercial airlines to return to profitability in the third quarter of 2021. Its commitment to customer satisfaction and focus on ESG goals will keep ALK at the top of its class.  The CompanyAlaskan Air ALK, primarily driven by vacationers instead of business travel, generated its first positive quarterly earnings since the pandemic began in Q3 as it benefited from the summer getaway rush. I see ALK as the best-positioned airline moving forward with its best-in-class budget vacation offering and still ripening synergies from its acquisition of Virgin America back in 2016.ALK has been an outperforming airline throughout the pandemic with an ESG-focus and no business travel reliance. Analysts have been pushing their price targets to around $80 a share (38% upside), with estimated record earnings by 2023. ALK just busted above its 50-day moving average, and is on its way towards its consensus price target.With remote working functionalities like cloud computing, video conferencing, team messaging, workflow automation, etc., analysts are beginning to rightly question whether companies will be paying up for flights when the job can and has proven to be done in a remote environment.Corporate travel will not return to pre-pandemic levels, at least not anytime soon, and the stocks to stick with are the budget vacation plays, with Alaskan Air being at the top of that value list. I’m looking at price targets between $75 and $100 a share, for this airliner of the New Normal.Upstart (UPST)Upstart UPST, the AI-driven fintech innovator changing the way creditworthiness is assessed, is ripe for a buy today with a couple of key support levels ready to maintain its recent buoyancy, following an overdone sell-off.The final quarter of 2021 was horrendous for the top fintech innovators, with Cathie Wood's ARK Invest Fintech ETF ARKF, the benchmark for next-generation digital finance, falling over 25%. Investors have been selling growth stocks indiscriminately, creating some excellent buying opportunities for the best-positioned fintech equities.UPST has seen significant valuation compression from its mid-October 2021 highs at $400, but the over 1,500% gain it saw from its IPO last December may have been a little overzealous. With UPST now 70% below those highs, it's time to consider adding UPST to your portfolio.Upstart's recent capitulation was catalyzed by profit-pulling in the face of Q3 earnings coupled with the Fed's accelerating tapering timeline, which has valuation compressing impacts on this fintech giant, do to its outsized growth outlay (analysts expecting to see 250% topline appreciation in 2021).UPST found critical support at a vital Fib-derived level around $160, where the markets appear to have put in a temporary bottom.I am looking at a UPST price target of $300+ with quarterly performance continuously outpacing even the most optimistic analysts. Upstart is looking at an unprecedented profitable growth outlook, and with most fresh fintech startups not even able to post positive earnings, UPST is more attractive than ever.The BusinessThis AI-powered cloud incepted fintech business is changing the way banks assess creditworthiness. Many fintech giants are competing against banks, but Upstart has decided to partner with them in its next-generation offering. This is an excellent position to be in as a high-growth company in a rising interest rate environment because higher rates means more profits for banks, which should inevitably drive significant demand for Upstart's one-of-a-kind product offering.The AI platform uses more than 1,600 differing variables before coming to the conclusion of creditworthiness compared to the typical bank, which only looks at 8-15 and the most sophisticated models 30.Upstart's CEO David Girouard said his lending algorithm is 5 times more effective than current systems at accurately depicting a person's ability to repay a loan. Saying that on a scale of 1-100, the current credit regimes are only at about 2 on predicting risk of default, and David believes his AI platform would put banks at closer to a 10, with still a lot more room to grow. Upstart's AI is continuously learning and will continue to be more effective as it is provided with more datasets.A Strategy To Stick To Amid 2022’s Chop:“Be Greedy When Others Are Fearful”Continue to buy the dips in your favorite stocks and look past the short-term volatility (don’t let this choppy market discourage you).Happy Trading!Dan LaboeEquity Strategist & Manager of The Headline Trader Portfolio at Zacks Investment Research Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goldman Sachs Group, Inc. (GS): Free Stock Analysis Report Credit Suisse Group (CS): Free Stock Analysis Report ACM Research, Inc. (ACMR): Free Stock Analysis Report Alaska Air Group, Inc. (ALK): Free Stock Analysis Report SMART Global Holdings, Inc. (SGH): Free Stock Analysis Report ARK Fintech Innovation ETF (ARKF): ETF Research Reports Uber Technologies, Inc. (UBER): Free Stock Analysis Report CrowdStrike (CRWD): Free Stock Analysis Report Upstart Holdings, Inc. (UPST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 13th, 2022

How Strength in ETFs Can Guide Investors to Top Stocks

How Strength in ETFs Can Guide Investors to Top Stocks There has never been a better time for investors to profit from global market trends than right now. Both bullish and bearish price trends exist in the global equity, currency and commodity markets. Exchange-Traded Funds (ETFs) are a great investment vehicle for taking advantage of these price trends.ETFs first traded in 1993 and have exploded in popularity ever since. While they have many of the same advantages as mutual funds, one distinct difference is that ETFs don’t typically distribute capital gains to shareholders. The accounting and tax process for ETFs is therefore much simpler than mutual funds which require investors to account for distributions. In many cases, ETFs offer cheaper expense ratios as well.ETFs hold a pool of securities and are designed to track a particular index, sector, commodity or currency. There are thousands of ETFs that track the performance of various market indexes and sectors. Another distinct advantage of ETF investing is that by tracking specific ETFs, investors can more easily detect individual stocks that are outperforming the general market.A good example in the current market environment is the VanEck Vectors Agribusiness ETF (MOO). This ETF is currently trading near an all-time high. MOO had been in a consolidation pattern since Q2 of last year as shown below. We had somewhat of a false breakout look in early November, and MOO is now knocking on the door once again as it is breaking above this range. New highs are a sign of strength.Image Source: Zacks Investment ResearchOur proprietary research here at Zacks indicates a low-risk rating for the MOO ETF. We can see the sector breakdown of MOO below:Image Source: Zacks Investment ResearchWe’re going to analyze two stocks that are both currently ranked #1 (Strong Buy) based on our proprietary Zacks Rank system. Both stocks have witnessed positive earnings estimate revision activity. These two stocks account for approximately 8% of the total MOO holdings.The two stocks we will discuss below are part of the Zacks Fertilizers industry group, which ranks in the top 2% of out of all 254 industries. We expect this industry group to outperform the market over the next three to six months. By focusing on stocks within the top Zacks Ranked Industries, investors can dramatically improve their probability of investing success.CF Industries Holdings, Inc. (CF)CF Industries Holdings is a global manufacturer and sells hydrogen and nitrogen products for clean energy, fertilizer, and related industrial applications. A worldwide leader in transforming natural gas into nitrogen products, CF is one of the largest distributors of nitrogen fertilizer and other linked products. CF Industries Holdings was founded in 1946 and is based in Deerfield, IL.CF’s primary products include anhydrous ammonia, granular urea, and ammonium nitrate products. The company principally serves independent fertilizer distributors, traders, wholesalers and industrial users. CF is well-positioned to benefit from higher nitrogen demand in North America, driven by healthy corn acres in the United States. A recovery in nitrogen prices will also boost the company’s bottom line.CF earnings in 2021 are expected to have risen 143.54% to $3.58 relative to 2020. Revenues are projected to have climbed 55.01% to $6.39 billion. Even more impressive is the fact that analysts have increased their 2022 EPS estimates for CF by 27.84% in the past 60 days. Earnings are expected to rise 246.42% to $12.40 versus 2021.Image Source: Zacks Investment ResearchCF trades at an attractive valuation (5.58 forward P/E) and is averaging a +97.82% earnings beat over the last four quarters. CF stock has outperformed the market this past year with a return of 52.73%.CF Industries Holdings, Inc. Price, Consensus and EPS Surprise What the Zacks Model UnveilsThe Zacks Earnings ESP (Expected Surprise Prediction) looks to identify companies that have recently seen positive earnings estimate revision activity. This proprietary technique has proven to be quite useful for finding positive earnings surprises. In fact, when combining a Zacks Rank #3 or better with a positive Earnings ESP, stocks produced a positive surprise 70% of the time according to our 10-year backtest.CF boasts a +20.03% Earnings ESP and a Zacks #1 Strong Buy rank, indicating a beat may be in the cards when the company reports on February 16th.Nutrien, Ltd. (NTR)Nutrien Ltd. produces and sells fertilizers and related industrial and feed products. NTR offers potash, nitrogen, phosphate, and sulfate products. Based in Saskatoon, Canada, Nutrien also distributes crop nutrients, protection products, and seeds through approximately 2,000 retail locations internationally.NTR is benefitting from higher global demand for crop nutrients. Robust grower economics and higher crop prices are driving fertilizer demand worldwide. Higher selling prices are expected to drive company sales and margins. NTR is also poised to gain from acquisitions, particularly from last year’s attainment of Tec Agro which expanded the company’s foothold in the growing Brazilian agricultural market. Nutrien expects its total annual Brazilian sales to be approximately $500 million.Earnings in 2021 are expected to have risen by 233.89% to $6.01. Revenues last year are predicted to have increased 27.07% to $26.5 billion relative to 2020. Analysts have also increased their 2022 EPS estimates by 10.94% in the past 60 days. The Zacks Consensus Estimate now stands at $8.82, which would represent growth of 46.86% versus 2021. Image Source: Zacks Investment ResearchNTR trades at a 7.94 forward P/E and boasts an attractive price chart. The company most recently reported quarterly EPS of $1.38 back in November, a +12.2% surprise over consensus. NTR has delivered a trailing four-quarter average earnings surprise of +73.49%, supporting the stock’s 36.08% return over the past year.Nutrien Ltd. Price, Consensus and EPS Surprise Nutrien is slated for its next earnings announcement on February 16th. These two Zacks #1 Strong Buy stocks are set to continue their solid runs into 2022. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Recommendations from previous editions of this report have produced gains of +205%, +258% and +477%. The stocks in this report could perform even better.See these 7 breakthrough stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CF Industries Holdings, Inc. (CF): Free Stock Analysis Report Nutrien Ltd. (NTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJan 13th, 2022

Vistry – Housing Still Hot

Vistry Group PLC (LON:VTY)’s full year underlying profit before tax is expected to be £345m, up from £143.9m in 2020 and in line with guidance. This was driven by strong demand and a 6% uptick in house price inflation. Q4 2021 hedge fund letters, conferences and more So far in 2022, the group’s had no […] Vistry Group PLC (LON:VTY)’s full year underlying profit before tax is expected to be £345m, up from £143.9m in 2020 and in line with guidance. This was driven by strong demand and a 6% uptick in house price inflation. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q4 2021 hedge fund letters, conferences and more So far in 2022, the group’s had no significant Covid-related impact. Forward sales, as of 31 December are up 24% to £1.94bn, reflecting double-digit increases in both Housebuilding and Partnerships forward sales. The shares were broadly flat following the announcement. Vistry's Full Year Results Laura Hoy, Equity Analyst at Hargreaves Lansdown: “As expected, Vistry’s full year results look strong after a red-hot year in the UK’s housing market. However it’s the group’s future prospects that had our attention—forward sales are significantly ahead of where they were last year at this time. This suggests that despite economic concerns and the Bank of England’s rate hike, demand was still simmering heading into the new year. Inflation continues to be a concern for Vistry and the sector as a whole—build costs are seen rising by 5% this year and wage costs will take another hefty bite out of profits. But the group clearly sees demand offsetting these headwinds, forecasting a “significant” uptick in profits this year. Demand for housing in the UK is somewhat of a given due to the supply imbalance, but rising mortgage costs could put a damper on things if rates continue to rise. Vistry’s Partnerships arm, which focuses on mixed-tenure projects, adds a layer of security if the wider market starts to stagnate. It’s still just a small slice of overall revenue, but its robust growth over the past year is encouraging.” About Hargreaves Lansdown Over 1.67 million clients trust us with £138.0 billion (as at 30 September 2021), making us the UK’s number one platform for private investors. More than 98% of client activity is done through our digital channels and over 600,000 access our mobile app each month. Updated on Jan 12, 2022, 3:26 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJan 13th, 2022

Sober-curious Millennials and Gen Z are driving Dry January"s comeback after a stressful 2021

A Capitol insurrection and COVID-19 altered plans for an alcohol-free January in 2021, but 2022 might be different — Americans are feeling "sober curious." Getty Images Since 2013, people have been partaking in "Dry January" — a month free of alcohol consumption. In 2021, the Capitol insurrection and pandemic stress caused some Americans to ditch a dry month. 2022 might be different, though, with more people taking on sober lifestyles.  There's no doubt about it: 2021 was hard, and a lot of people coped with alcohol. The year began with an insurrection on the nation's capitol and is ending with yet another surge in COVID-19 cases. It could spoil a sober start to the new year: Dry January.A term coined in 2013 by a group in London, Dry January in an attempt to encourage a healthier, alcohol-free lifestyle. Since then, the trend has taken off globally, with people across the world setting the goal of putting alcohol aside for the first month of the year. In 2021, many struggled to partake in the movement, but with Americans in the midst of a "sober-curious" movement, 2022 could be a comeback year for teetotalling, especially for younger generations, who drink less and participate in Dry January more. Drinking surged during the pandemicAs the New York Times reported on January 12, a week after the capitol insurrection, some Americans like university professor Nina McConigley felt "sad and useless.""I am of color, watching the Confederate flag being paraded in the Capitol, it was the worst," McConigley told the Times. "The act of a hot warm dinner and nice wine, it felt self-preserving."Alcohol consumption overall has surged during the pandemic. A survey conducted by the American Psychological Association in March found one in four adults reported drinking more this past year to manage their stress. The Harris Poll, an analytics firm, found that about 17% of respondents reported "heavy drinking" between mid-August and mid-September, defined as four or more alcoholic beverages for women and five or more for men. In addition, a study by the Rand Corporation last year found that alcohol consumption in the U.S. increased by 14% during the pandemic. Women increased their heavy drinking days by 41%, according to the study.It's enough to impact collective health in the US. Even a short-term increase in consumption will result in 8,000 additional deaths from liver disease by 2040, Massachusetts General Hospital estimated this month. But there's still room to turn things around. A growing 'sober-curious' movementAlcohol consumption may have increased this year, but for some Americans, that doesn't mean Dry January is ruled out.Polls from Morning Consult and YouGov found that as many as 15% of Americans, or one in seven, took a break from alcohol in January 2021. According to Morning Consult, reasons for that lifestyle change include a desire to be healthier and reduce overall consumption. Across the pond, about one-sixth of the United Kingdom is planning to take part in Dry January, Alcohol Change UK, the charity that founded Dry January, reported. 18% of adults who drink alcohol are planning to abstain next month.A range of experts back the movement. Even just reducing the amount of alcohol consumed has significant benefits to a person's physical health and mental well-being. The New York Times reported that exercising "mindful drinking," or paying attention to why, when, and where a person is picking up a glass, can help curb excessive consumption.Dry January speaks to the growth of a larger, "sober-curious" movement that is growing in popularity among young people. As Insider reported in November, non-alcoholic beverage sales surged 33% to $331 million last year, according to Nielsen. Nielsen senior vice president Kim Cox told Insider more people are simply losing interest in alcohol and want to lead healthier lifestyles, noting "there's been such a huge trend over the last several years towards lower sugar, lower carb, lower calorie in the beverages space."Data shows that younger people may be leading the brigade to drink less. Millennials and Gen Zers have been consuming less than older generations in recent years. Research also suggests that more Millennials participate in Dry January in larger numbers than their older counterparts, alcohol purchases decreasing at the beginning of the year and increasing by February. The pandemic is still ongoing, but conditions are better than they were a year from today. And Dry January just might help.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJan 5th, 2022

Old Man Winter Will Stimulate Gas And Heating Oil Demand

Happy new year, everyone! We hope that 2022 will be a prosperous one for all our readers. However, will it be successful for oil? Q3 2021 hedge fund letters, conferences and more Energy Market Updates Yesterday, crude oil prices ended higher, after a volatile session as US inventories fell by 6.4 million barrels – more […] Happy new year, everyone! We hope that 2022 will be a prosperous one for all our readers. However, will it be successful for oil? if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more Energy Market Updates Yesterday, crude oil prices ended higher, after a volatile session as US inventories fell by 6.4 million barrels – more than twice the previous week – which is another positive sign for demand. US inventories levels of crude oil, gasoline, and distillates stocks are again forecasted to fall by about 3 million more than expected last week. That would be another significant decline on the back of greater demand, according to estimated figures released by the American Petroleum Institute (API) yesterday. (Source: Investing.com) Crude oil prices stabilized near their 6-week highs following the OPEC+ group meeting, which maintained a limited increase in production of 400k barrels/day (no surprise). It is therefore a matter of maintaining an increase in production for the seventh consecutive month. This also shows that the organization was confident and believed in the resistance of global oil demand despite the recent restrictions implemented by several governments scared by Omicron, even though those travel restrictions may likely delay the resumption of aviation demand. RBOB Gasoline (RBG22) Futures (February contract, daily chart) WTI Crude Oil (CLG22) Futures (February contract, daily chart) Regarding natural gas, the Henry Hub (US benchmark) is slowly climbing as temperatures are dropping in many regions, while the European benchmark, the Dutch Title Transfer Facility (TTF), rallied 3.5% as European gas prices remain extremely volatile due to reduced exports from Russia (notably via the Yamal pipeline) but also via Ukraine. The upward momentum is also linked to weather forecasts, such as colder temperatures and frost encountering the European continent in the coming days and weeks, which may obviously have a stimulating effect on gas demand. Henry Hub Natural Gas (NGG22) Futures (February contract, daily chart) Like what you’ve read? Subscribe for our daily newsletter today, and you'll get 7 days of FREE access to our premium daily Oil Trading Alerts as well as our other Alerts. Sign up for the free newsletter today! Thank you. Sebastien Bischeri Oil & Gas Trading Strategist The information above represents analyses and opinions of Sebastien Bischeri, & Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. At the time of writing, we base our opinions and analyses on facts and data sourced from respective essays and their authors. Although formed on top of careful research and reputably accurate sources, Sebastien Bischeri and his associates cannot guarantee the reported data's accuracy and thoroughness. The opinions published above neither recommend nor offer any securities transaction. Mr. Bischeri is not a Registered Securities Advisor. By reading Sebastien Bischeri’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Sebastien Bischeri, Sunshine Profits' employees, affiliates as well as their family members may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice. Updated on Jan 5, 2022, 12:09 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJan 5th, 2022

Traders Puzzled By Bizarre Mystery As Turkish Central Bank Inexplicably Posts "Unprecedented" $10 Billion Profit On Last Day Of 2021

Traders Puzzled By Bizarre Mystery As Turkish Central Bank Inexplicably Posts "Unprecedented" $10 Billion Profit On Last Day Of 2021 In a world where central banks now openly engage in helicopter money paradrops and monetizing debt and deficits as far as the eye can see (knowing well that such actions always end in hyperinflationary tears but plowing on nonetheless), i.e., funding their respective governments, the literal printing of money by central banks to fill Treasury coffers is not nearly as exciting as it used to be. However, one place where money transfers from the central bank to the government (which in this particular case is represented by just one particular kleptocrat) are those in Turkey due to the absolute banana republic nature of the country, and which is closer than any other semi-developed nation to sliding into the hyperinflationary abyss; as such as all of its bizarre actions are scrutinized by a small group of fascinated onlookers who then try to extrapolate the Turkish experience to every other insolvent nation. Well, speaking of bizarre actions, an especially egregious one took place on the final day of 20021, when Turkey’s central bank posted an extraordinary and unexplained daily profit of around $10 billion, sparking questions on what caused this overnight boon that will trickle down to the nation’s Treasury. According to Bloomberg, the monetary authority disclosed an annual loss of around 70 billion liras ($5.2 billion) on Dec. 30 but just one day later, ended the year with 60 billion liras of profit, an unprecedented change of fortunes in a single day, according to its daily balance sheet. In February, the Ministry of Treasury and Finance -- as the central bank’s biggest stakeholder -- will begin collecting much of that sum as dividends. The biggest winner? Recep Tayyip Erdogan himself - after all he is the de facto government of Turkey - because in February, the Ministry of Treasury and Finance both of which are populated with Erdogan cronies and are the central bank’s biggest stakeholders, will begin collecting much of that sum as dividends. The bizarre and unexplained "profit" came after President Erdogan unveiled measures meant to compensate lira investors for any losses, a move which sparked a furious surge in the lira which however was also catalyzed by a huge buying spree by the central bank which rushed to stabilize the lira, effectively leaving itself without net FX reserves. Even with this gross manipulation the Turkish currency slid 44% against the dollar last year, largely as the central bank - egged on by Erdogan - slashed its benchmark rate by 500 basis points since September, a move which we contend is part of Erdogan's master plan to leave the Turkish economy in ruins so that his own personal embezzlement of billions can not be traced. Meanwhile, as discussed yesterday, the lira’s collapse fueled an explosion in inflation, with Turkey's CPI ending the year above 36%, the highest level since September 2002. The result has been a plunge of Erdogan’s popularity as 2023 elections approach, and speculation among some that Erdogan is rushing to pillage the rest of Turkey's wealth before he disappears forever. According to Bloomberg, the central bank declined to comment on the dramatic move on its balance sheet, which was first reported on Monday by the bank’s former deputy governor Ibrahim Turhan and ex-banker Kerim Rota, both members of the opposition Future Party. According to Turhan, one possible explanation for the sizable overnight profit boost could lie in the sale of foreign-exchange reserves to the Treasury, in other words, the central bank is giving dollars to Erdogan. The lira’s depreciation makes foreign reserves more valuable in local currency, but that can’t be logged in the profit column until the reserves are sold, he said. The same amount of dollars would then have to be bought back to maintain the reserves level, Turhan said. In other words, the central bank will have to purchase billions of dollars, a move which would send the lira crashing, but that of course assumes that Erdogan has some interest in preserving normalcy in his fiefdom, which by now everyone knows he does not. Erdogan, who has attacked elevated borrowing costs as a brake on economic growth, pledged to remove the “bubble” from inflation in a speech on Tuesday, calling exchange-rate fluctuations and “excessive” price increases “thorns” on Turkey’s path. His policy of cutting rates to bring down inflation goes against mainstream economic thinking.  Meanwhile, even with "guaranteed" returns on lira deposits, Turkish investors are still holding on to foreign currencies, undermining the Turkish leader’s plan to support the lira without raising interest rates. According to a separate Bloomberg report, companies boosted their foreign-currency holdings by around $1.6 billion in the seven days through Dec. 24, taking advantage of a rally that saw the lira almost double in value that week. While households trimmed their positions by just over $100 million, it hardly put a dent in total foreign-currency deposits, which rose to a record $239 billion, according to the latest central bank data. This dash for dollars in Turkey (and gold, and bitcoin) is a symptom of a monetary policy that for years has remained far too loose to put a lid on inflation and as a result debased the lira, but more importantly it highlights the challenges authorities face in convincing investors to shift their savings into the local currency, which has lost more than 85% of its value against the dollar since 2012. “The reason why people accumulated foreign-currency up until today was distrust, and the trust issue is still there,” said Evren Kirikoglu, an independent strategist based in Istanbul. As a reminder, instead of raise rates to lure savers into lira accounts, the government came up with some Frankenstein quasi hike according to which it will compensate lira holders for any currency losses that exceed the interest rate on their short-term deposits -- currently languishing around 19% points below headline inflation. Of course, good luck trying to make sense of such a purposefully opaque mechanism. And while the official narrative has been that this new financial instrument is a game changer - because it will sap demand for dollars and euros that has weighed on the currency, and at the same time allow for rates to remain low and spur growth - the reality is just the opposite, and while appetite for Erdogan's bizarre product remains virtually non-existent with just 84 billion liras ($6.3 billion) out of a total of 5.2 trillion liras of deposits moving into new foreign-currency linked deposits, the bulk of funds continues to flow out of lira and into foreign FX accounts. “People don’t seem to understand the new product and they are afraid that some future changes could prevent them from buying back the FX they sold,” Kirikoglu said, referring to dollars and euros they parted with to place money in these new lira accounts. Instead, as Bloomberg reports echoing what we said in December, the latest official reserves data suggest interventions in the currency market may have played a far larger role in spurring the recent advance in the local currency. In other words, if it wasn't for the continued drain of dollars by the central bank, the lira would be trading at hyperinflationary levels. As we extensively documented, last month the lira surged by as much as 79% from a record low of 18.3633 on Dec. 20 to a more than one-month high of 10.2512. That coincided with a previously noted $3.53 billion drawdown in the central bank’s net currency reserves in the week that ended Dec. 24, taking a drop since the end of November to $16 billion. Alas, none of these tactical short squeeze attempts change the dire fundamental picture: with inflation running at over 36% and Turkey’s official reserves dwindling, the question for some is how much longer policy makers can stand in the way of dollar demand. The size of recent interventions is reminiscent of operations carried out between 2018 and 2020, when state lenders routinely flooded the market with dollars unannounced to support the lira. The government has denied reports of so-called backdoor sales. Luckily, at the current pace of interventions, the central bank will soon be out of manipulation firepower. Turkey’s gross reserves stand at $110.9 billion. Yet net reserves, which many economists use as a gauge of how much firepower policy makers have at their disposal, is now just $8.6 billion, meaning that Erdogan has at most 2-3 weeks left before he loses all control of the lira. “I assume people won’t be rushing to dollars anymore but the key point is to attract FX holders to the system, otherwise the central bank cannot continue to meet citizens’ FX demand with its reserves,” Kirikoglu said. Tyler Durden Tue, 01/04/2022 - 17:05.....»»

Category: blogSource: zerohedgeJan 4th, 2022