Tuesday 3 September 2024

Elon Musk’s chilling warning for humanity

A Message from The Freeport Society

Dear Reader,

When the richest man in the world issues a warning, it's wise to take notice.

And when he issues a warning about his own technology… well, ignore at your peril.

Elon Musk recently warned that humanity will soon be 'obsolete.'

In fact, he went so far as to call what's coming in the months ahead his 'biggest fear.'

What is Musk talking about?

Well, if my research is correct, what Elon sees coming is something I'm calling a 'silent invasion' of America.

In short, every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will — according to one leading research firm — bring about centuries worth of change in the next few years.

If Elon and the research is correct — the results could be devastating for the average American.

But if you know what's coming and you act today — right now — you could preserve your wealth and perhaps even come out ahead with a few key moves.

I've laid them all out in a free, short presentation.

For the time being, you can access everything you need to know by clicking here.

But I suggest you watch it now, because there's no telling when my publisher will take it down.

Click here to see why.

Regards,

Charles Sizemore Director of Customer Outreach Team, InvestorPlace

P.S. The 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern border is a travesty, but the 'invasion' I've found will have 10 times greater effects on our economy, and ultimately our way of life.

Go here to see why.

Thank you for subscribing to Earnings360, a morning newsletter that summarizes quarterly earnings for public companies that trade on U.S. markets.

This message is a paid advertisement sent on behalf of The Freeport Society, a third-party advertiser of Earnings360 and MarketBeat.

If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.

If you no longer wish to receive email from Earnings360, you can unsubscribe.

© 2006-2024 MarketBeat Media, LLC.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. United States.

Today's Bonus Content: These five stocks have Hotspot Dates this month! (Click to Opt-in)

Unveiled: NVIDIA’s "Secret Royalty" Program

Unsubscribe

Dear Fellow Investor,

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?

Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution."

Elon Musk says that without this company, "civilization will crumble."

JP Morgan Chase warns of a "global depression" without this investment.

Even ChatGPT founder Sam Altman says AI depends on this company's work...

Click Here to learn how to get in now >>>

All the best,

Simmy Adelman, Publisher

Behind the Markets

This message is a paid advertisement sent on behalf of Behind the Markets, a third-party advertiser of MarketBeat. Why did I receive this email?

If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.

If you would no longer like to receive promotional emails from MarketBeat advertisers, you can unsubscribe or manage your mailing preferences here.

© 2006-2024 MarketBeat Media, LLC.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. United States.

Today's Bonus Content: These five stocks have Hotspot Dates this month! (Click to Opt-in)

Here’s the Extra Income you ordered [Download Now]

If you are having trouble viewing this email, click here.

If you have not yet downloaded the guide to extra income you ordered today... Please take a moment to do it now.

Grandma's Simple Secret for Extra Income

The secret you'll learn in this eye-opening report ended my money worries almost immediately...

And it has ended the money worries for thousands of other men and women too.

This is something you want to know about... isn't it?

I'm not sure how long we'll be leaving this potentially life-changing report online. So please make sure you download it now.

And while you're at it... check out the bonus video that tells you all about the X-Factor Advantage... the one thing that can help you the most in achieving financial independence.

Follow the link and download your life-changing special report now...

Grandma's Simple Secret for Extra Income [pdf]

Sincerely,

Wendy Kirkland

PS If you don't have time to delve into anything new right now. Take half-a-minute to download your free ebook anyway. That way you'll have it when you want it... Which I'm sure you will. Grandma's Simple Secret for Extra Income [pdf]

Option and stock investing involves risk and is not suitable for all investors. Only invest money you can afford to lose in stocks and options. Past performance does not guarantee future results. The trade entry and exit prices represent the price of the security at the time the recommendation was made. The trade record does not represent actual investment results. Trade examples are simulated and have certain limitations. Simulated results do not represent actual trading. Since the trades have not been executed, the results may have under or over compensated for the impact, if any, of certain market factors such as lack of liquidity. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

This email was sent to phanxuanhoa60.trade1357@blogger.com by kim@tradewins.com

TradeWins Publishing Corp. 528 North Country Rd. St. James, NY 11780

1-Click Unsubscribe | Edit Profile | Manage Subscriptions | Report Spam

Deadline to collect dividend: Monday, September 16th

A Message from Investors Alley

Dear Reader,

Tim Plaehn here.

This is my #1 Energy ETF for Monthly Payouts.

For every $100 invested, you could collect up to $22 in dividends in the next 12 months.

But you must act by Monday, September 16th, to secure your first payment.

Go here to get my full briefing about this ETF.

Tim Plaehn
The Dividend Hunter

Information contained in this email and websites maintained by Magnifi Communities LLC (dba Investors Alley) are provided for educational purposes only and are neither an offer nor a recommendation to buy or sell any security, options on equities, or cryptocurrency. Magnifi Communities and its affiliates may hold a position in any of the companies mentioned. Magnifi Communities is neither a registered investment adviser nor a broker-dealer and does not provide customized or personalized recommendations. Any one-on-one coaching or similar products or services offered by or through Magnifi Communities or Investors Alley does not provide or constitute personal advice, does not take into consideration and is not based on the unique or specific needs, objectives or financial circumstances of any person, and is intended for educational purposes only. Past performance is not necessarily indicative of future results. No trading strategy is risk free. Trading and investing involve substantial risk, and you may lose the entire amount of your principal investment or more. You should trade or invest only "risk capital" - money you can afford to lose. Trading and investing is not appropriate for everyone. We urge you to conduct your own research and due diligence and obtain professional advice from your personal financial adviser or investment broker before making any investment decision.

If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.

If you no longer wish to receive email from Earnings360, you can unsubscribe.

© 2006-2024 MarketBeat Media, LLC.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. United States.

Today's Bonus Content: I want to be very real with you (Click to Opt-in)

Jeff Bezos Just Humiliated Elon Musk

Unsubscribe

Fellow Investor,

It's no secret since their initial meeting in 2004...

Jeff Bezos and Elon Musk have been involved in a bitter rivalry...

From their public battles over the space race, electric cars, and who was worlds the richest man...

For going on two decades now--Bezos and Musk have been at each other's throats...

But what happened on December 31st 2021, just took this feud to an entire new level...

Although the media barely covered it...

That was the exact day Bezos made a massive bet on the most powerful technology in history...

A technology Bank of America predicted would be,

"Bigger than fire and bigger than all the revolutions that humanity has seen."

And before you start guessing, this has nothing to do with ChatGPT or A.I...

Instead, Bezos bet huge on a little known technology that's going to prove far more disruptive...

And in the process is going to make Jeff Bezos the richest person in history...

Make no mistake, the rivalry between Elon Musk and Jeff Bezos is over...

And Bezos won.

Sounds crazy, but I've put together a brand new video that explains everything...

Go here now to get the full details.

Sincerely,

Louis Navellier

Senior Investment Analyst, InvestorPlace

This email was sent to phanxuanhoa60.trade1357@blogger.com by editor@dailymarketalerts.com

DailyMarketAlerts c/o CLM Media LLC, 315 Ridgedale Avenue, #556, East Hanover, NJ 07936 United States

Unsubscribe | Report Spam

NVIDIA: Analysts Bullish Ahead of Earnings - Is It a Buy Now?

First Disruption to $martphones in 15 Years 🤳 (From Mode Mobile)

NVIDIA: Analysts Bullish Ahead of Earnings - Is It a Buy Now?

Gaming processor macro photo. Graphic processor unit close up

As NVIDIA (NASDAQ: NVDA) prepares to report its fiscal second-quarter earnings on Wednesday, August 28, after the market close, a surge of analyst upgrades has captured investor attention. With the company already thriving in the technology and artificial intelligence sectors, the critical question is whether now is the right time to buy.

Has Trump Finally Gone Too Far? (Ad)

Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks.

It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives.

But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars.

And here's the good news.

Analyst Upgrades Leading Up to Earnings

In the week leading up to NVIDIA's earnings report, the stock received a wave of positive analyst actions. On Monday, The Goldman Sachs Group reaffirmed its Buy rating, underscoring its optimistic outlook on the stock ahead of the crucial earnings event. Two days later, HSBC raised its price target from $135 to $145, indicating over 13% potential upside for the tech leader.

The bullish sentiment continued on Thursday when Rosenblatt Securities reiterated its street-high price target of $200. The following day, Wedbush and Evercore ISI also raised their targets, with Wedbush boosting its price target from $120 to $138 and Evercore increasing its target from $145 to $150, forecasting over 20% upside.

These analyst upgrades reflect strong market confidence in NVIDIA's ability to maintain its leadership in the AI space. The widespread analyst support highlights the high expectations for NVIDIA as it heads into its earnings report.

Analyst Estimates: What to Expect from Q2

For its fiscal second quarter, ending July 30, NVIDIA has guided for revenue of $28 billion, representing a 107% year-over-year increase. However, Wall Street is even more optimistic, with consensus estimates now rising to $28.6 billion.

NVIDIA's track record of surpassing expectations suggests that even these estimates could be conservative. The company has consistently outperformed investor expectations for both sales and profits over the past four quarters. For example, in the first quarter, NVIDIA reported revenue of $26.06 billion, easily beating the estimated $24.59 billion. If NVIDIA continues its trend of exceeding its revenue guidance by 8-10%, which it has done in the last four quarters, revenue could exceed $30 billion.

The market bottom indicator is flashing again (Ad)

"It was designed to help boost your chances of finding rock solid trade ideas"

It's called the "Master Indicator"

And it's quite possibly one of the most useful indicators you'll ever use.

If you'd like to join me just follow this link here.

Evercore ISI's Bullish Outlook

Adding to the positive sentiment, Evercore ISI recently raised its price target on NVIDIA from $145 to $150, maintaining an Outperform rating. Evercore ISI considers NVIDIA its top pick in the "Tectonic Shift in Computing" space, driven by its robust ecosystem and potential to dominate parallel processing with an estimated 70-80% market share.

Evercore ISI is also bullish on NVIDIA's long-term prospects, forecasting that the company could achieve over $10 in earnings per share (EPS) by 2030. They also suggest that NVIDIA could grow to represent a significant portion of the S&P 500 Index, possibly accounting for 10-15% of the index.

In light of NVIDIA's strong positioning, Evercore ISI has revised its third-quarter and full-year 2024 estimates upwards, reflecting the anticipated value creation in NVIDIA's market segment. However, the firm also cautions that capital expenditure forecasts for hyperscale computing are variable and could change, posing potential risks.

Conclusion: Is NVIDIA a Buy Now?

With several analysts boosting their price targets and expressing confidence in NVIDIA's long-term outlook, the stock appears ready for further gains. The upcoming earnings report could be a critical moment for the company, particularly if it continues its trend of outperforming expectations. From a technical standpoint, NVIDIA seems primed for additional upside. Currently, just 8% shy of its all-time highs, the stock is consolidating above all key moving averages, boasting a 161% gain year-to-date and having successfully rebounded from its late July and early August correction.

Written by Ryan Hasson

Read this article online ›

Recommended Stories:

Thank you for subscribing to MarketBeat!

We empower individual investors to make better trading decisions by providing real-time financial information and objective market research.

MarketBeat is a small business and email is a crucial tool for us to share information, news, trading ideas and financial products and services with our subscribers (that's you!).

If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.

If you would like to unsubscribe or change which emails you receive, you can manage your mailing preferences or unsubscribe from these emails.

© 2006-2024 MarketBeat Media, LLC.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. United States.

Today's Bonus Content: I want to be very real with you (Click to Opt-in)

🦉 The Night Owl Newsletter for September 3rd

★ Do NOT Day Trade (Do THIS instead) (Monument Traders Alliance)

Analysts Forecast Big Upside for Western Digital—Don't Miss Out

Written by Jea Yu

As a leading provider of data storage solutions, Western Digital Co. (NASDAQ: WDC) stands at the forefront as a key benefactor of the artificial intelligence (AI) data cycle. AI requires processing power from GPUs, low latency networking from optical controllers, and massive storage capacity and performance for processing, analyzing, generating, and storing oceans of data. The latter is where Western Digital thrives.

The computer and technology sector giant competes with Seagate Technology Holdings plc (NASDAQ: STX), Pure Storage Inc. (NYSE: PSTG), and Dell Technologies Inc. (NYSE: DELL).

Despite the AI boom boosting shares of AI benefactors, Western Digital's stock has fallen 19.5% off the 52-week highs. Its softer guidance for fiscal Q1 2025 is attributed to the sell-off after a solid fourth-quarter EPS beat on 41% YoY revenue growth. Here are four reasons to consider buying the pullback.

1) Western Digital Gains From the AI Data Cycle

It's no surprise that the AI boom is bolstering Western Digital's business. Revenues for its fiscal Q4 2024 surged 41% YoY to $3.76 billion, beating $3.75 billion consensus estimates. Western Digital produces both hard disk drives (HDD) and flash solid-state drives (SSDs). While AI applications require fast memory from flash arrays, they also require HDDs to store massive amounts of data. The two major segments of its business benefit:

Flash storage is most useful for AI inference, training AI models, and running AI applications due to flash speed. Processing, analyzing, and generating new data is a continuous active cycle that relies on the speed of access to new data. Flash storage is more expensive, but not all the data needs to be quickly accessed all the time. This is why HDD storage is necessary.
HDD storage is most useful for storing the massive ocean of data that AI models need for training. It's also critical to store the results of AI applications. HDDs provide much more bang for the buck with lots of storage capacity for a lower cost than flash. HDD also carries wider margins for Western Digital.

2) Western Digital’s Flash Business Spin-Off Enhances Shareholder Value

Western Digital has already announced plans to separate its businesses into two standalone public companies. Western Digital will keep the name for its HDD business. The flash NAND/SSD business will be spun off into a separate public company in late 2024. There is speculation of a merger with Japanese flash memory manufacturer Kioxia. Western Digital uses Kioxia fabs to manufacture NAND devices. However, South Korean giant SK Hynix opposes the merger. The rumors are the split of the newly merged company would be owned 43% by Kioxia and 37% by Western Digital, with the rest owned by existing shareholders of both companies.

3) Western Digital Stock is Cheap Trading at 7.51x Forward Earnings

Competing HDD giant Seagate Technology's stock trades at 14.81x forward earnings. Western Digital's stock trades at half at just 7.51x forward earnings. Western Digital's debt-to-equity ratio is 0.53, and the current ratio is 1.32. It's trading at just 1.65 price-to-sales (P/S), compared to Seagate trading at 3.19 P/S.

4) WDC stock is Attempting an Ascending Triangle Breakout

An ascending triangle pattern consists of a flat-top upper trendline resistance connected at the apex to the ascending lower trendline, indicating higher lows.

Western Digital WDC stock chart

WDC commenced its ascending trendline off the $52.60 swing low, which was also a Fibonacci (fib) support overlapping with the anchored VWAP support. Shares rose to the flat-top upper trendline resistance at $65.59. The ascending lower trendline continues to rise as it nears the apex point. WDC will break through the upper or lower trendline as it nears the apex point. The daily RSI is rising through the 53-band. Fib pullback support levels are at $59.96, $57.21, $52.60 and $49.36.

Western Digital’s average consensus price target is $84.16, and its highest analyst price target sits at $118.00. The daily anchored VWAP support sits at $53.12.

Actionable Options Strategies

WDC bulls can enter on pullbacks using cash-secured puts with trail stops under the anchored VWAP. A wheel strategy can be implemented upon being assigned shares and writing covered calls to generate income.

★ Read This Story Online

The $15 "Insider Secret" That Could Save Your Retirement (Ad)

What if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into?

That's right. You can grab shares of this potential retirement-maker for less than you'd pay for lunch.

★ Click here to discover the name and ticker of this "$15 billionaire-backed retirement stock" >>>

3 Must-Own Stocks for Bullish Investors in Today's Market

Written by Gabriel Osorio-Mazilli

Bears will always have a reason to bet against the market, even a roaring one like today’s S&P 500 making high after high. Not even the so-called carry trade sell-off triggered by the Japanese yen and U.S. dollar could keep the market down, as it swiftly recovered a couple of days later. Not even NVIDIA Co. (NASDAQ: NVDA) saw lower price action after earnings, which gave bears a break. Never bet against the trend or fight the Federal Reserve (the Fed).

As interest rate cuts could be around the corner, which the CME’s FedWatch tool now predicts will be here by September 2024, there are a few stocks that investors should watch closely to match a bullish bias on today’s market. Some of these have to do with the consumer staples sector, and another is a vital player in the technology sector, but one thing they do have in common is that they are likely to do well no matter what the market does next.

Making this list of upside potential with lower risk profiles is Boeing Co. (NYSE: BA), healthcare provider UnitedHealth Group Inc. (NYSE: UNH), overlaid with software and cloud giant Microsoft Co. (NASDAQ: MSFT). Keeping a bullish bias on the market, here’s why these companies could be likely to shake off any volatility that may come up during the next few quarters and bring investors additional growth and upside.

Travel Growth Fueled by Rate Cuts: Boeing Analysts Take Notice

Despite the recent drama regarding Boeing airplanes, Wall Street analysts still have one big fact to face. Boeing’s demand won’t be coming down any time soon, even though the company is in the middle of fixing its manufacturing process to avoid further incidents and malfunctions.

With interest rates coming in the near term, consumers are probably going to push up pent-up demand for travel. According to the Transportation Security Administration (TSA), the United States has seen a recent surge in travelers, reporting record after record of daily travel volume.

Even as most consumers are choked by inflation, travel is still alive, and as long as that is the case, demand for Boeing aircraft will be okay. This is why Wall Street analysts still forecast earnings per share (EPS) to go from a loss of $4.26 to a net profit of $3.42 in 12 months,

This fast growth and swing into profitability made it easier for those at the UBS Group to place a price target of up to $240 a share for this stock, daring it to rally by as much as 38.2% from where it trades today. However, these analysts weren’t the only ones on Wall Street who showed a bullish bias against Boeing.

Of the $8.9 billion of institutional capital that made its way into Boeing stock over the past 12 months, those at Newport Trust Company boosted their stake by 1.2% as of August 2024, bringing their net investment up to $5.8 billion today.

With Government Medicare Entitlements Rising, UnitedHealth Has Room to Grow

According to USA Facts, the federal government spent about $848.2 billion on Medicare programs, which was roughly 14% of total federal spending. Another $839 billion went into Medicaid, bringing the healthcare entitlement spending over $1.6 trillion for last year alone.

This means good news for stocks like UnitedHealth. As more and more people qualify for these programs, their revenues and fees for connecting entitlements to services rise as well. Being a health insurance company has a double benefit.

With interest rate cuts potentially comes another period of inflation, which insurance companies profit from as they can freely raise prices to keep up and outpace overall inflation.

Warren Buffett hopped on this trend as he recently bought into Chubb Ltd. (NYSE: CB).

Wall Street analysts expect UnitedHealth to grow its earnings by up to 12.8% during the next 12 months, which is optimistic for an insurance company. The UBS Group took the lead on this one as well, seeing a valuation of up to $680 a share and calling for a net upside of 15.2%.

Rising Inflation and Costs Drive Demand for Microsoft’s Cloud Services to Boost Margins

As inflation continues to run and rate cuts could bring back another inflationary cycle higher than today’s, businesses understand the importance of achieving economies of scale at little to no cost. This is where the cloud and artificial intelligence come into play.

Microsoft offers these services through its flagship office products. Still, there is also a new wave of development in cloud applications for businesses of every kind. Microsoft Azure enables businesses to streamline their operations with little additional cost; in fact, it lets them cut unnecessary costs through innovation.

Seeing the writing on the wall, analysts now forecast up to 15.2% EPS growth for the software giant. Those at Wedbush see a valuation of $550 a share for Microsoft stock, calling for it to rally by 31.8% from where it trades today. More than that, bears have also started to retreat ahead of the new business wave.

Microsoft stock’s short interest declined by as much as 5.2% in the past month, showing bearish capitulation.

This leaves room for both institutional and retail investors to pick up where they left off.

★ Read This Story Online

Exposed: 3 CENT Crypto to Explode September 23rd? (Ad)

Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017…

And has spotted 44 different coins that have returned over 100%...

Today, he is now making the biggest crypto call of his ENTIRE career…

★ Click For My #1 FREE Crypto for 2024

3 Undervalued Stocks That Are Surprisingly Cheap Right Now

Written by Gabriel Osorio-Mazilli

When investors face the current volatility and uncertainty in the stock market, it might be hard to keep a cool head and stay away from the sell button. However, this is precisely when they should scour the market for better opportunities and deals. Keeping the fundamentals front and center will always help performance, especially when everyone gets scared.

Three stocks stand out to reassure investors of good discounts on companies with solid fundamentals, even after the nontraditional leader, NVIDIA Co. (NASDAQ: NVDA), failed to reach a new all-time high and give the S&P 500 another leg higher. Making this list is consumer discretionary, arguably more of a staples play, stock Advance Auto Parts Inc. (NYSE: AAP). Along with this name is a payments platform play in the technology sector set to deliver upside, PayPal Holdings Inc. (NASDAQ: PYPL).

To finish this list, value investors can only go with a healthy amount of contrarianism. Most of the market is against investing in Chinese stocks, quoting risks that existed long before stock prices came down, making them an unjustified way to view this emerging market. Backed by some of the U.S.'s best mega investors, Alibaba Group (NYSE: BABA) is a cheap stock that shouldn't be.

Vehicle Market Cycle Could Propel Advance Auto Parts to New Highs

As of July 2024, a report by The Drive shows that vehicle repossessions in the United States have increased by up to 23% from the same period in 2023. As the consumer begins to feel the thinning effects of inflation, nonemergency items like car payments start being replaced by everyday necessities like food and shelter.

This is why the new car market might be in trouble in the coming quarters, but that also spells good news for the used car market. If people cannot trade their used car for a new one, then there is still a constant that will happen with their current vehicles, and that is parts and maintenance.

That’s where Advance Auto Parts comes into play and why Wall Street analysts expect to see up to 53.5% earnings per share (EPS) growth for the stock in the next 12 months.

More than that, those at Evercore have leaned on this momentum to place a price target of up to $60 a share on the stock.

Advance Auto Parts would have to rally by as much as 32.4% from where it trades today to prove these valuations right. The company’s financials show a gross margin of over 39%, which speaks volumes of where the upside in the stock could come from, as management can retain more capital on hand to reinvest into further growth.

Interest Rate Cuts Could Drive PayPal Stock Growth Beyond Expectations

The Fed has started to print money again, as the M2 money supply in the United States is expanding again on an annual basis. Its balance sheet is also beginning to grow as assets are bought. This is English for more liquidity hitting the market in the coming quarters.

This is good for stocks like PayPal, as more money flows through the economy and lower interest rates boost small business activity, which is one of PayPal’s main user bases. Knowing that all of this upside and tailwinds are blowing behind the company, management did the unthinkable.

Projecting up to $5 billion in free cash flow (operating cash flow minus capital expenditures) is one thing, but promising to use 100% of this free cash flow for stock buybacks is another optimistic case entirely.

This buyback is more aggressive today than ever, representing roughly 7% of the company’s market capitalization.

This has helped Wall Street analysts land on a forecast for 10.6% EPS growth in the next 12 months for PayPal stock and giving those at Mizuho the confidence to place a $90 price target on PayPal stock, calling for up to 24.3% upside from where the stock trades today.

A Contrarian Bet on Alibaba: Could It Be the Best Play in China?

Michael Burry is only one of the mega investors betting on China’s recovery. Ray Dalio, manager of the world’s largest hedge fund, has also been allocating capital into the iShares MSCI China ETF (NASDAQ: MCHI) since the fourth quarter of 2023.

Realizing that Alibaba has tapped into the data centers of the world’s fastest-growing middle classes is one bull case. Still, the main case lies in its ownership of the Chinese retail and wholesale market, which is starting to show signs of recovery after the government's repeated waves of stimulus measures.

Positive – and rising – inflation in China for every month of 2024 helps build the case for management to approve a buyback program as big as $25 billion.

Looking to buy back up to 13% of the company’s market capitalization is as bullish a view as it gets.

This is why analysts at Susquehanna see the stock trading as high as $130 for their initial price target, calling for up to 56% upside from where it trades today. Considering the stock made an all-time high of over $300 a share during the low interest rate cycle of 2020-2021, investors could believe there is much more to have over these current price targets.

★ Read This Story Online

Say these two simple sentences each week and FLOOD your account with cash (Ad)

Most people have never heard of Jim Fink.

Behind his humble demeanor and insistence on personal privacy... is a big secret.

A trading strategy that has not taken a single loss this year.

In fact, it has a 97% accuracy at closing out winners – for 8 years running.

★ You can access this rare, eye-opening interview here.

Jobs Alert Shop

Tuesday 3 September 2024

Elon Musk’s chilling warning for humanity

Unveiled: NVIDIA’s "Secret Royalty" Program

Here’s the Extra Income you ordered [Download Now]

Deadline to collect dividend: Monday, September 16th

Jeff Bezos Just Humiliated Elon Musk

NVIDIA: Analysts Bullish Ahead of Earnings - Is It a Buy Now?

NVIDIA: Analysts Bullish Ahead of Earnings - Is It a Buy Now?

Has Trump Finally Gone Too Far? (Ad)

Analyst Upgrades Leading Up to Earnings

Analyst Estimates: What to Expect from Q2

The market bottom indicator is flashing again (Ad)

Evercore ISI's Bullish Outlook

Conclusion: Is NVIDIA a Buy Now?

🦉 The Night Owl Newsletter for September 3rd

Analysts Forecast Big Upside for Western Digital—Don't Miss Out

1) Western Digital Gains From the AI Data Cycle

2) Western Digital’s Flash Business Spin-Off Enhances Shareholder Value

3) Western Digital Stock is Cheap Trading at 7.51x Forward Earnings

4) WDC stock is Attempting an Ascending Triangle Breakout

Actionable Options Strategies

The $15 "Insider Secret" That Could Save Your Retirement (Ad)

3 Must-Own Stocks for Bullish Investors in Today's Market

Travel Growth Fueled by Rate Cuts: Boeing Analysts Take Notice

With Government Medicare Entitlements Rising, UnitedHealth Has Room to Grow

Rising Inflation and Costs Drive Demand for Microsoft’s Cloud Services to Boost Margins

Exposed: 3 CENT Crypto to Explode September 23rd? (Ad)

3 Undervalued Stocks That Are Surprisingly Cheap Right Now

Vehicle Market Cycle Could Propel Advance Auto Parts to New Highs

Interest Rate Cuts Could Drive PayPal Stock Growth Beyond Expectations

A Contrarian Bet on Alibaba: Could It Be the Best Play in China?

Say these two simple sentences each week and FLOOD your account with cash (Ad)

More Stories

5 tiny stocks about to soar (thanks to Elon)

Search This Blog