Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
https://pbs.twimg.com/media/EryveoFXUAAYYs6?format=jpg&name=large
Getting close here$$$$
https://pbs.twimg.com/media/EsDMH6VUcAEgrD-?format=jpg&name=large
Interesting here!!
Risk vs reward...... is it worth the risk to some here????? Time will tell. GLTA except shorty
U as well my friend $$$$
INIS $$$$$$$
Projections could b 2 to 3 dollars from a YouTube and Twitter guy I’ve been following. Down the road obviously but nothing is ever in stone!!!! Pull profits and your always a winner $$$$$$$ best of trades my friend.
Big-cap tech stocks have enjoyed a magical ride during the COVID-19 pandemic, causing some on Wall Street to speculate numerous household names are now in dreaded bubble territory.
Just don’t lump Apple (AAPL) into the often heated tech bubble debate, argues Wall Street power player Rob Arnott — known for deeply analytical takes on markets and stocks — founded Research Affiliates in 2002 and it has about $145 billion in assets under management.
“You look at Apple. It’s expensive. But is it a bubble? No no. You can use aggressive [financial] assumptions. They don’t have to be implausible assumptions to justify today’s price, and there’s lots of buyers who buy it based on that kind of analysis,” Arnott said on Yahoo Finance Live.
At first blush, Arnott’s comments on Apple’s valuation are perhaps slightly off the mark.
The tech giant’s stock is up 60%, embarrassing the Dow Jones Industrial Average’s paltry 5% gain (of which Apple is a component). During that stretch, the Nasdaq Composite has tacked on 40%. Apple is the second best-performer from the FAANG [Facebook, Apple, Amazon, Netflix and Google] cohort over the last year, underperforming only Amazon’s 68% advance.
Apple is among the most owned stocks in the entire stock market.
Investors have been keen on Apple for a multitude of reasons, including enthusiasm around new 5G iPhones, strong demand for Macs for those working at home amidst the pandemic and attractive levels of cash on the balance sheet. More recently, the stock has been bid up on speculation of the introduction of an Apple electric car within five years.
But take a step back, and Arnott may be dead right to say Apple’s stock is not detached from a realistic outlook on the future of the business (excluding an Apple Car). If anything, the stock may continue to be a bargain.
While Apple’s stock trades at a premium relative to its five-year average price-to-earnings multiple, at 32 times estimated earnings the stock trades well below comparable multiples for Amazon (58 times) and Netflix (57 times). And of course, Apple shares trade below the 204 times forward price-to-earnings multiple on electric vehicle favorite Tesla (TSLA).
New York, Ny, United States - October 20, 2016: Apple store on the fifth avenue on New York City. The cube glass entrance was designed by the United States-based architectural practice Bohlin Cywinski Jackson
Apple store on the Fifth Avenue on New York City. Credit: Getty
An argument could be made that Apple’s exposure to 5G’s rollout, long-term work-from-home trends (and the need for more tech gear refresh cycles) and it’s enormous cash pile makes the stock silly cheap relative to some of the aforementioned names in tech.
Even on a stand-alone basis, Apple’s stock still looks like a bargain. Given the strong tailwinds driving Apple’s business, a case could be made that Apple’s current forward P/E multiple should be more around 35 times and that earnings estimates for the fiscal year ended September 2022 of $4.32 a share are too low. Apply that 35 times multiple to an estimate of $4.50 a share (Street high is $5.07 a share, per Bloomberg data), and it yields a fair value on Apple’s stock of about $158.
Apple’s stock currently trades at $127. Cheap, say the numbers.
$$$$$$$$$$$$$
Wall Street has been looking at Nio Limited (NIO) of late, and investors seem to like what they see. Over the past 12 months, NIO stock is up a whooping 1017%, and remains close to its 52-week high. It probably hasn't hurt that the Chinese EV manufacturer released a solid December car deliveries, showing a huge step forward.
As expected, the fund-raising dip in December was another buying opportunity. The forecasted large growth rate in the Chinese EV market should lead to another big year for Nio.
Big Monthly Delivery Increase
Nio delivered 7,007 units during December for a big step up from the 5,291 in November. The Chinese EV company had generally seen small monthly delivery increases since April as the sector raced ahead.
For December, Nio had a nearly equal delivery of ES8, ES6 and EC6 models. In total, Q4 deliveries were 17,353 EVs while the full-year count was only 43,728 vehicles. The company is already on an annualized rate of 84,000 cars.
In comparison XPeng (XPEV) had 5,700 deliveries while Tesla (TSLA) reached totals of nearly 500,000 units for the year. Nio remains a leader in China, but the company is far behind Tesla as a global EV manufacturer.
The company unveiled a new sedan called the ET7 at the fourth Nio Day on January 9. The EV will cost between $70K and $85K so the company isn’t going to catch up with competitors on volumes with the ET7.
Possibly the biggest news was a 150 kilowatt-hour battery pack with a claimed range of 625 miles. Batter technology will remain a distinguishing factor in EV sales.
Chinese Market Surge
The Chinese EV market is set to surge to 1.8 million vehicles in 2021, up 40% from 1.3 million vehicles last year. Despite the 100% growth rate in 2021, Nio still only has a fraction of the business.
While the company selling shares at only $39 last month now seems ill timed with the stock near $60, Nio is poised with capital to build out manufacturing and further attack a market where the company only has EV market share in the 3% range. The total Chinese vehicle market approaches 3 million units monthly so Nio hardly registers on total sales. Due to this vast opportunity, the company raised another $1.3 billion via convertible debt. In total, Nio has raised over $4 billion in the last month to fund growth.
Analysts have sales nearly doubling to $4.6 billion this year and surging again to $7.5 billion in 2022. The greenfield market opportunity in China appears to easily support Nio reaching these sales targets. However, the stock has a market value of $90 billion, so it will dip on any missteps.
Takeaway
The key investor takeaway is that Nio appears poised to further capture market share in a growing Chinese EV market. The company continues to innovate in battery technology and autonomous driving.
As always, Chinese stocks have additional risks due to regulatory concerns and transparency issues. Those interested in the Nio story and willing to take the risk should use any pain from news of new competitors entering the market as an opportunity to the EV stock.
Apple today announced a new editorial franchise called Apple Podcasts Spotlight, which aims to highlight rising podcast creators in the U.S. The editorial team at Apple will select new podcast creators to feature every month and then give them prominent screen real estate in the Apple Podcasts app and promote them across social media and elsewhere. This will allow creators to reach a wider audience, similar to how the App Store showcases a selection of recommended apps and games with large banners at the top of its screen.
The first Spotlight creator is Chelsea Devantez, who hosts the podcast Celebrity Book Club. On Fridays, Chelsea and special guests including Emily V. Gordon, Gabourey Sidibe, Ashley Nicole Black and Lydia Popovich will meet to discuss the memoirs of "badass celebrity womxn," as an announcement describes it.
The idea for the show began a year ago when Devantez was reading Jessica Simpson's memoir and started recapping it on Instagram. The reaction from her followers prompted her to expand the concept into a podcast.
Upcoming episodes will feature Oscar-nominated writer and producer Emily V. Gordon talking Drew Barrymore’s "Little Girl Lost;" actress Stephanie Beatriz discussing Celine Dion’s memoir "My Story My Dream;" Leighton Meester on Carly Simon’s "Boys in the Trees;" and a special Valentine’s Day episode where Chelsea and TikTok star Rob Anderson read Burt Reynolds’ and Loni Anderson’s competing divorce memoirs.
"Apple Podcasts Spotlight helps listeners find some of the world’s best shows by shining a light on creators with singular voices," said Ben Cave, Global Head of Business for Apple Podcasts, in a statement about the launch. "Chelsea Devantez has created a fun, vibrant space with Celebrity Book Club for listeners to gain new perspectives on the celebrities we thought we knew. We are delighted to recognize Chelsea and Celebrity Book Club as our first Spotlight selection and look forward to introducing creators like Chelsea to listeners each month," he added.
Apple says future Spotlight creators will be announced monthly from across a range of podcast genres, formats and locations, and will often focus on independent and underrepresented voices. The content is previewed ahead of selection to ensure quality, but there are no specific requirements about the podcast size and reach.
In general, the new Spotlight creators will debut toward the front of the week, but the specific days are fluid to adapt to holidays, major cultural events, and others. The next Spotlight selection, for example, will launch in mid-February.
The Spotlight creators will be featured at the top of the Browse tab of Apple Podcasts and will be promoted through the Apple Podcasts social media accounts. Some form of in-app featuring will continue throughout the entire month the creators are in the "spotlight."
Apple says it will also collaborate with the featured creators on their own channels. And, over time, you'll see promotion via additional Apple-operated channels including outdoor advertising in major U.S. metros.
The news of the new editorial program comes shortly after a report from The Information suggested Apple is working to expand its podcasts platform with the introduction of a podcast subscription service, threatening rivals like Spotify, SiriusXM and Amazon.
Though Apple Podcasts still leads the market, Spotify has been catching up by spending over $800 million on podcast companies, like Anchor, the Ringer, Gimlet Media, and more recently, podcast ad company Megaphone.
SiriusXM, meanwhile, bought podcast management and analytics platform Simplecast, ad tech platform AdsWizz, and podcast app Stitcher. Not to be left out, Amazon just a few weeks ago announced it was acquiring the podcast network Wondery.
Beyond helping the creators grow their audience, Apple says the larger goal with the program is to welcome new audiences to podcasts, in general.
Though podcasts are growing in popularity, the monthly podcast listener base is just 37% in the U.S., according to Edison Research. That means it's nowhere near being an activity that's popular among a majority of the U.S. population at this time. Before Apple can effectively monetize podcasts as a subscription service, it needs to help get more people listening to podcasts on a regular basis.
Apple declined to say if the program would expand outside the U.S. at a later date.
Monday will Adding on the dip $$$$$)
Lol... Ok rookie. Guess what,,,, nobody cares and take your 8 followers with u$$$$$$$
Tic Toc my friend, Tic toc.... best of trades to all except Shorty!!!!
Agreed my friend...... Risk vs reward,,,,, I’m liking my chances with the REWARD side $$$$$$
Ummmm. Ok... hello:) good luck. Hope you have a great day. To da moon! Weeeeee,,,,, Should I say anything else?
Churchill Capital IV (NYSE:CCIV) is racing higher on Friday, even after triggering a circuit breaker earlier this morning. In fact, after trading resumed, shares are once again up 9%. So what do you need to know about CCIV stock? And how does a Lucid Motors SPAC merger play in?
A photo of the Lucid Motors Air EV from 2018.
Source: ggTravelDiary / Shutterstock.com
To start, investors have been chasing up CCIV stock on a lot of speculation. That is because Bloomberg reported earlier this week that electric vehicle maker Lucid Motors was in talks to come public with Churchill Capital. The news has been incredibly influential, especially as Lucid Motors represents a real opportunity in EVs. It plans to start delivering its Air EV in the second quarter, and with a former Tesla (NASDAQ:TSLA) engineer at its helm, many see it as a possible Tesla killer.
However, Churchill Capital leader Michael Klein and Lucid Motors have not confirmed a deal. At an IPO Edge event earlier this week, Klein acknowledged the rumors but said he could not share anything at the time. Even with those cautionary words, investors are determined.
But still, what caused the trading halt today? And why is CCIV stock on fire this afternoon?
CCIV Stock Speculation
Once again, rumors are swirling. One social media user posted earlier this morning that his inside sources at Lucid Motors tipped him off to a company-wide meeting. As he shared that, he added that such a meeting was specifically for big news. Putting two and two together, many assumed the big meeting would allow company executives to announce a SPAC merger. Although it is certainly exciting, investors should know that there is no official confirmation of the meeting. And more importantly, there is still no confirmation of the Lucid Motors SPAC merger.
For investors then, proceed with caution. That is not to say a Lucid Motors SPAC merger is out of the question — and if it does come to fruition, it would be a big deal for CCIV stock.
Bid and ask are starting to stretch farther and farther $$$$$$$
Another Green and strong Day$$$$$$
Can We finally break 5 dollars tomorrow?????
Another Green Day$$$$$$
Time will tell. Best of trades!!
Positive things are coming here. Be patient and watch and see
Testing 5 again $$$$$
Time to see how strong we are$$$$$ holding for next leg up
She’s holding nicely $$$$$$ slow and steady we go!
Definitely a loading zone here. Just bought more. Good things to come
Me too. Time to ride the $$$$$ train
Yep I agree. There’s a reason it’s running in my opinion. We shall see how it plays out. GLTA except Shorty!
Yep I never pulled the trigger and I too now am watching the run
Green is green $$$$$$$
Under the radar and steady climb. Looking good$$$$$
Break 65 and it’s newer EOD !!!!!! Keeps churning nicely
Yes we do. Sir back and enjoy the Highs!!!! It’s only going to get better $$$$$$
In due time my friend. This is a long term play for me and it’s trading fairly well IMO. Best of trades to all except Shorty!
Looking good here$$$$$ hold for the long term!!!!
Time to hit 65 by EOW$$$$$ let’s go NIO
Great close$$$$$ keep it up!!!!!!