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16 June 2021
09:57 hour

Auto Trader’s share price soars to record highs after FY results

The Motley Fool UK

10/06/2021 - 13:57

Auto Trader's share price has rocketed following the release of fresh financials. Here are the key things UK share investors need to know. The post Auto Trader’s share price soars to record highs after FY results appeared first on The Motley Fool UK.


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  1. Will the Auto Trader share price rally more? Here’s what I think (11/06/2021 - The Motley Fool UK)
    It has been a great week for Auto Trader (LSE: AUTO) at the stock market. The FTSE 100 e-marketplace for automobiles has seen a 13% increase in share price in a week. That it is up around 17% over the year, puts the extent of this rise in context. Yesterday alone, it rose by 6.6%. The Auto Trader share price is now at all-time highs.  The latest increase follows the release of its full-year results for the year ending 31 March 2021. At first glance, it could appear surprising that the Auto Trader share price responded so swiftly and positively to clearly weak numbers. Its revenue fell by 29% and pre-tax profit was down 37% compared to the year before.  Positive about the current year The reaction, in my view, is not to what has happend but to the improved outlook for Auto Trader. As I went through the results, two statements stood out. One, that the pandemic is having little impact on its financial performance for the current year, at least so far. As the economy picks up further during the year, I reckon that the company can continue to perform. This is particularly because travel is now possible again after over a year of confinement. For the 12 months to March 2021, new car registrations fell by almost 25%, which could change. Also, low interest rates could encourage consumers to buy cars.  Robust long-term prospects Two, it expects to be a beneficiary of the shift towards online buying for cars over the long term. A version of this statement was also made by CEO Nathan Coe, who said that “There has been a dramatic shift towards buying online, which means we now have more buyers than ever turning to Auto Trader”.  I am a believer in the potential of the online industry. The number of companies that rely on technology for sales will only grow over time. This is especially so for multinationals, which are expanding into newer markets. This is why I hold shares of companies like Ocado, Rightmove, and Deliveroo. Auto Trader can be seen under the same umbrella. Much like Ocado is an e-grocer and Rightmove is a property e-marketplace, Auto Trader is an e-auto seller. So over the long term, I think it could be a good buy for my portfolio.  Possible pandemic impact for the Auto Trader share price I will keep an eye out for any ongoing impact of the coronavirus on its future numbers. The pandemic is not over yet. And auto sales come under discretionary demand. This means that consumers will cut back on these purchases first if there is a surge in Covid-19 again.  Also, to me, the sudden share price increase looks unsustainable. The Auto Trader share has merit, without a doubt, but I think its share price will fall from the current highs. I think then will be a good time to buy the stock, even with the continued pandemic risk.  I would buy it on a dip. The post Will the Auto Trader share price rally more? Here’s what I think appeared first on The Motley Fool UK. FREE REPORT: Why this £5 stock could be set to surge Are you on the lookout for UK growth stocks? If so, get this FREE no-strings report now. While it’s available: you’ll discover what we think is a top growth stock for the decade ahead. And the performance of this company really is stunning. In 2019, it returned £150million to shareholders through buybacks and dividends. We believe its financial position is about as solid as anything we’ve seen. Since 2016, annual revenues increased 31% In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259 Operating cash flow is up 47%. (Even its operating margins are rising every year!) Quite simply, we believe it’s a fantastic Foolish growth pick. What’s more, it deserves your attention today. So please don’t wait another moment. Get the full details on this £5 stock now – while your report is free. More reading Auto Trader’s share price soars to record highs after FY results 3 FTSE 100 stocks to buy in June Manika Premsingh owns shares of Deliveroo Holdings Plc, Ocado Group, and Rightmove. The Motley Fool UK has recommended Auto Trader, Ocado Group, and Rightmove. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
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  2. London Markets: Auto Trader and BT rise as FTSE 100 edges higher (10/06/2021 - Market Watch)
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  3. SBI share price soars over 4%, top Sensex gainer today; up to 50% rally expected after Q4 results (24/05/2021 - Financial Express)
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  4. Here are the best stocks I’d buy in June (02/06/2021 - The Motley Fool UK)
    I can’t quite believe that we’re basically halfway through the year, now that we’re in June. Yet that’s indeed the reality, and so I need to look at what are the best stocks I’d buy this month. The key element is looking at what’s impacting the key stocks now, and buying with the right outlook. The current situation To start with, what’s going on right now? Well lockdown restrictions eased further in late May, allowing more businesses to operate unhindered. Retail sales data for April showed a large monthly increase of 9.2%, highlighting consumer spending. The only negative that rocked the market was that all of this good news could lead to higher inflation. Higher inflation could mean the Bank of England might need to raise interest rates sooner rather than later. This would hurt companies with large amounts of debt. In my opinion, the outlook for the rest of the year is positive for stocks. When looking for the best stocks to buy now to take advantage for the rest of the year, I think I need to look at the consumer discretionary sector. With spending increasing as people feel more confident about the outlook for the economy, this is an area that could really benefit. My best stocks to buy now There are plenty of stocks that fall into the consumer discretionary bracket. For example, I’d look at buying shares in Burberry. The luxury fashion house struggled during 2020 due to physical store closures. Even with rising online sales, I still think the company will rely heavily on in-store purchases going forward. With stores in the UK and beyond now operating at close to full capacity, I think it’s a good time to buy right now. I’ll need to wait until quarterly results come out in the autumn to prove this, but by then the share price might have already priced in the good news. Therefore, I think I’d be better off putting it on my list as one of the best stocks to buy now. Another example from this sector is Auto Trader Group. I’d say that cars are a discretionary item, but even if you think otherwise, I think Auto Trader is still a buy right now.  Car dealerships reopened recently and I think that higher consumer spending naturally will flow into buying new and used cars. Over the past year, demand for driving has been almost non-existent due to the lockdowns. Yet with traffic returning, I think a lot of people will now think about whether to upgrade their motor.  Auto Trader is best placed to capture this business, being the largest digital automotive marketplace in the UK. The company commented last month that used car prices have risen 6.8% year-on-year, highlighting that demand is there. The risk to saying that both stocks are the best to buy now is that my top-down thinking could be wrong. Further easing of restrictions on 21 June could be delayed. Variants of Covid-19 could not be covered by the vaccine, forcing us to rethink summer plans. In this case, I’d expect consumers to tighten their pockets, particularly regarding luxury fashion and cars. FREE REPORT: Why this £5 stock could be set to surge Are you on the lookout for UK growth stocks? If so, get this FREE no-strings report now. While it’s available: you’ll discover what we think is a top growth stock for the decade ahead. And the performance of this company really is stunning. In 2019, it returned £150million to shareholders through buybacks and dividends. We believe its financial position is about as solid as anything we’ve seen. Since 2016, annual revenues increased 31% In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259 Operating cash flow is up 47%. (Even its operating margins are rising every year!) Quite simply, we believe it’s a fantastic Foolish growth pick. What’s more, it deserves your attention today. So please don’t wait another moment. Get the full details on this £5 stock now – while your report is free. More reading The Lloyds Bank share price has touched 50p. Here’s what I’d do now The Ocado share price has crashed 36% in 4 months. Can it recover? Hargreaves Lansdown investors are buying Synairgen shares. Should I buy too? Bloomsbury’s share price soars to 15-year highs as sales boom! Here’s what I’d do now The Pearson share price is rising: should I buy now? jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has recommended Auto Trader and Burberry. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post Here are the best stocks I’d buy in June appeared first on The Motley Fool UK.
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  5. 3 UK shares to buy (12/06/2021 - The Motley Fool UK)
    I’ve been looking for UK shares to buy for my portfolio recently. I think this is the best strategy to profit as the UK economy pulls itself out of the coronavirus crisis.  Here are three companies I have been reviewing as a way to invest in this theme.  UK shares to buy  At the top of my list of UK shares to buy is AutoTrader (LSE: AUTO). The online car sales portal should benefit from two tailwinds as we advance. First of all, demand for second-hand vehicles has been rising recently. Rising demand has pushed prices higher. Secondly, car sales overall tend to increase in periods of economic growth. Therefore, AutoTrader should see an increase in activity as the economy returns to growth over the next few quarters.  I think both of these tailwinds should help the company increase sales and profits, which is why I would buy the stock for my portfolio today. The main risks and challenges the business faces are competition and the potential for another economic downturn which could dent demand. On the competition front, several other second-hand car retailers such as Cazoo emerged in recent years, making life harder for the incumbent.  Defensive market Rats, mice, and other pests have always been a problem for the world. As such, there’s always been a level of demand for pest control services. That’s why Rentokil (LSE: RTO) also features in my list of the three UK shares to buy.  Analysts believe that a warming global climate is helping vermin breed, which suggests demand for the company’s services will expand in the years ahead. At the same time, Rentokil is relatively acquisitive. It has a long track record of buying growth through acquisitions.  These are the two main reasons I think the stock could be a great growth addition to my portfolio. That said, I will be keeping an eye on Rentokil’s acquisition programme. Companies that expand too fast with acquisitions can end up damaging their reputation and balance sheets through overexpansion. This is the biggest challenge facing the business today.  Explosive growth The UK housing market is on a tear. I think that bodes well for one of the country’s largest tech firms, Rightmove (LSE: RMV). That’s why this corporation is the final pick on my list of UK shares to buy.  Rightmove is a great business. It has low expenses, and as one of the most used websites in the UK, estate agents have to use its services.  That means the company has a lot of flexibility when it comes to pricing. In theory, it could charge whatever it wants.  With this being the case, there’s no surprise the company has some of the highest profit margins in the FTSE 100. In 2019 the group reported an operating profit margin of 74%, although this fell to 66% last year.  As long as the company maintains its competitive advantage in the market, I think it is one of the best UK shares to buy. That’s why I would buy the stock for my portfolio today.  One challenge it faces is competition. There are several other competitors in the market who are all trying to grab market share. If Rightmove loses its competitive advantage, its profit margins and profits may slump.  The post 3 UK shares to buy appeared first on The Motley Fool UK. One FTSE “Snowball Stock” With Runaway Revenues Looking for new share ideas? Grab this FREE report now. Inside, you discover one FTSE company with a runaway snowball of profits. From 2015-2019… Revenues increased 38.6%. Its net income went up 19.7 times! Since 2012, revenues from regular users have almost DOUBLED The opportunity here really is astounding. In fact, one of its own board members recently snapped up 25,000 shares using their own money… So why sit on the side lines a minute longer? You could have the full details on this company right now. Grab your free report – while it’s online. More reading Will the Auto Trader share price rally more? Here’s what I think Auto Trader’s share price soars to record highs after FY results 3 FTSE 100 stocks to buy in June I’d listen to Warren Buffett to find the best shares to buy now 3 UK shares I’d buy over Lloyds Banking Group today Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Auto Trader and Rightmove. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
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  6. Key highlights from Advance Auto Parts (AAP) Q1 2021 earnings results (02/06/2021 - AlphaStreet)
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  7. ARKK options purchases (27/03/2021 - Reddit Stocks)
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  9. Auto Trader shares beat the rest of the LSE last week (15/06/2021 - The Motley Fool UK)
    Auto Trader emerged as the star performer on the London Stock Exchange (LSE) last week. According to Saxomarkets, the online car sales company’s share price was up 11.29%, making it the best performing stock of the week. We tell you why Auto Trader shares are rising and whether you should consider investing in the company. [top_pitch] What is Auto Trader? Auto Trader is the UK’s largest online automotive marketplace for new and used cars. It features cars sold by both private sellers and trade dealers. The company is listed on the London Stock Exchange and is also part of the FTSE 100, which is a list of the top 100 largest companies in the UK in terms of market capitalisation. On the LSE, Auto Trader trades under the ticker symbol ‘AUTO’. Why are its shares rising? The star performance of Auto Trader on the LSE last week comes on the back of strong data from the used car market. According to the Financial Times, there has been a significant increase in the demand for used cars recently. This is due to two main factors: The coronavirus pandemic. The pandemic has impacted the used car market in several ways. For example, commuters who have been working from home have saved a lot of money that they are now using to buy cars. Furthermore, due to Covid-19 fears, many commuters are avoiding public transportation and instead turning to dealers’ forecourts and online car sales platforms. A shortage of semiconductor chips. This has led to a shortage of new cars. As a result, buyers who can’t get the new car they want are turning to the used car market instead. The increased demand for used cars, combined with the dwindling supply, has resulted in skyrocketing used car prices. This trend has resulted in increased investor confidence in the sector. Ultimately, the main beneficiaries have been companies like Auto Trader, whose share prices are now rising. Interestingly, Auto Trader recently released its yearly financials for the fiscal year ending 31 March. They showed a 29% drop in revenue and a 37% drop in pre-tax profits. However, the company is optimistic about the future in light of the increase in used car sales and the fact that more people are now purchasing cars online. [middle_pitch] Should I buy Auto Trader shares? This is, of course, a personal decision. As previously stated, investor sentiment in the used car market is currently positive due to the imbalance between supply and demand that has caused prices to skyrocket. Having said that, no one knows how long this imbalance will last. We also don’t know what effect the Covid-19 pandemic will have on the used car market in the future. As an investor, it’s always important to do your research before you put your money into any company or sector. Whether it’s Auto Trader or any other company in the used car space, consider first how the investment fits into your overall investment strategy. If you do decide to take the plunge, consider investing through a tax-efficient vehicle like a stocks and shares ISA. This is a tax-free wrapper that shields your investment from both income and capital gains tax. Keep in mind, however, that tax rules can change and that tax treatment will depend on your individual circumstances. The post Auto Trader shares beat the rest of the LSE last week appeared first on The Motley Fool UK. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner. But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared. What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations. And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! More reading Best stocks to buy now: here’s where I’d invest £5,000 Why this growing small-cap stock is one to watch This AIM stock is moving to the LSE’s main market. Should I buy? A FTSE 100 share with a 7% yield to buy now 1 British stock to buy for the travel recovery
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  12. The DFS Furniture share price hits five-year highs! This is what I’m doing now (10/06/2021 - The Motley Fool UK)
    Investor demand for UK shares remains pretty flat during Thursday business. Though the DFS Furniture Group (LSE: DFS) share price is having no problems making progress during today’s session. Market interest in the retailer has rocketed after it released a pre-close update for its financial year. At 317p per share, the DFS Furniture share price hit its most expensive since spring 2016 early on Thursday. It was recently trading 11% higher on the day at 302.5p. DFS’s share price rises as demand booms In an encouraging update for the year to June 2021, DFS Furniture said that orders have soared in recent weeks. So far in the final quarter order intake is up 92.1% year-on-year, a surge that reflects “customers waiting for showrooms to reopen post-lockdown and increased consumer spending on home categories.” During the second half, total orders were up 14%, while market share gains remained at around 2%. And it saw online sales rocketing 222.5% in the third quarter, a period when almost all of the company’s stores were shuttered due to Covid-19. Forecasts upgraded Trading has been so strong, in fact, that DFS has upgraded its full-year profit forecasts, despite ongoing Covid-19 pressures and supply chain issues. The retailer now reckons it will generate underlying profits of at least £105m for financial 2021. This is better than the £101.7m DFS had forecast back in December. The company had swung to a loss of £56.8m in the last fiscal year. Furthermore, DFS has predicted underlying profits of between £66m and £96m in financial 2022, ahead of market consensus. It said that the recent upsurge in orders will be recognised in the upcoming year. Finally, DFS has elected to reinstate dividends thanks to its strong cash generation and sunny outlook. It plans to pay a 7.5p per share final dividend for the outgoing financial year. This is what I’m doing now Looking ahead, chief executive Tim Stacey said that “we will continue to invest in key strategic initiatives such as our digital channels, our showrooms and our Sofa Delivery Company final mile logistics capability.” He also pledged further investment in UK manufacturing and capacity as well as expansion into other homeware categories. As a UK share investor, I’m impressed by DFS’s ability to keep growing profits despite current difficulties. It is testament to the company’s strong multi-channel presence and its market-leading proposition. But the company isn’t out of the woods yet, as supply problems in the form of raw materials and container shortages, allied with a fresh spike in Covid-19 cases, could well derail its recovery. Today the DFS share price commands a forward price to earnings (or P/E) ratio of around 15 times. It’s not cheap enough to tempt me in and so I’m happy to sit on the sidelines for the moment. The post The DFS Furniture share price hits five-year highs! This is what I’m doing now appeared first on The Motley Fool UK. FREE REPORT: Why this £5 stock could be set to surge Are you on the lookout for UK growth stocks? If so, get this FREE no-strings report now. While it’s available: you’ll discover what we think is a top growth stock for the decade ahead. And the performance of this company really is stunning. In 2019, it returned £150million to shareholders through buybacks and dividends. We believe its financial position is about as solid as anything we’ve seen. Since 2016, annual revenues increased 31% In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259 Operating cash flow is up 47%. (Even its operating margins are rising every year!) Quite simply, we believe it’s a fantastic Foolish growth pick. What’s more, it deserves your attention today. So please don’t wait another moment. Get the full details on this £5 stock now – while your report is free. More reading Should I buy British American Tobacco (BATS) shares? Auto Trader’s share price soars to record highs after FY results Here’s why I’ll be avoiding IAG shares The Mitie share price is rising today: should I buy now? Can the Greatland Gold share price keep climbing? Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
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  16. The best shares to buy now for my ISA. Here are 2 of my favourites (03/04/2021 - The Motley Fool UK)
    Now we’re into April, the Stocks and Shares ISA deadline is upon us. This is when my allocation resets, meaning I can invest up to £20,000 over the next 12 months into this tax wrapper. Any shares bought within it don’t incur capital gains tax when sold. With this in mind, which are the best shares to buy for my ISA this year? Sustainable business First up is St James’s Place (LSE:STJ). One element to making it one of my best shares to buy now is the longevity I think it offers me as an investor. When buying a stock for my ISA, I’m wanting to hold it for years to come.  St James’s Place is a large UK wealth manager. I think the business model is sustainable, as is the revenue streams. The company makes money from fees charged for investment advice, along with commissions from funds and other investment purchases by clients.  The business is clearly doing well at the moment, with gross inflows of £14.3bn in 2020. The company now holds a record of assets under management on behalf of clients, at £123.9bn. I think this momentum should continue into 2021, with the size of retail interest in stock markets. The potential risk here is the longer-term impact of Covid-19. Financial advisers utilize face-to-face meetings to build relationships with clients. Without physical marketing events, client entertainment and other in-person events, the company may find a negative impact on revenue. Another one of my best shares to buy now Another firm I’d rank as one of my best shares to buy now is Auto Trader Group (LSE:AUTO). The reason I think it’s something to look at right away is the share price is down 7.5% this year (but up 25% over 12 months).  The slump can be attributed to the fact that car dealerships have been closed since December, and are reopening on 12 April. Given the marketplace that Auto Trader provides for car buyers and sellers, having sellers limited in their ability to trade doesn’t help. In a similar way to the property market, I think we could see a lot of pent-up demand come this summer. It’ll be a time when consumers will actually be more active in using their vehicles, or indeed trading them in. Investors may spot this, potentially making Auto Trader the best vehicle-related share to buy for such a move. Alongside this, Auto Trader has launched a new initiative of a guaranteed part-exchange service. The beta trial of 1,000 dealers was successful, and so will be rolled out shortly. I think this could help to push up car sales on the website, and is another string to the services offered. One risk is the negative financial impact Covid-19 has had on many people. With uncertainty for 2021, will the pent-up demand fizzle out as consumers decide to simply make do and save the cash? Personally I think not, but I could be wrong here. One stock for a post-Covid world… Covid-19 is ripping the investment world in two… Some companies have seen exploding cash-flows, soaring valuations and record results… …Others are scrimping and suffering. Entire industries look to be going extinct. Such world-changing events may only happen once in a lifetime. And it seems there’s no middle ground. Financially, you’ll want to learn how to get positioned on the winning side. That’s why our expert analysts have put together this special report. If the pandemic has completely changed our lives forever, then they believe that this stock, hidden inside the tech-heavy NASDAQ, could be set for monstrous gains… Click here to claim your copy now — and we’ll tell you the name of this US stock… free of charge! More reading 3 UK shares to protect against inflation jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has recommended Auto Trader. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post The best shares to buy now for my ISA. Here are 2 of my favourites appeared first on The Motley Fool UK.
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  18. 3 FTSE 100 stocks to buy in June (31/05/2021 - The Motley Fool UK)
    Buying stocks in the same month companies are due to announce results sounds like a risky move. So long as I focus on picking quality businesses however, I think long-term investors such as myself can take such things in our stride. Here are three examples from the FTSE 100 I’d be happy to buy, regardless of what they say in June.  Halma Safety products firm Halma (LSE: HLMA) reports full-year numbers on 10 June. Based on its most recent trading update, I don’t think there’s much for existing holders (or prospective buyers) to worry about. Back in March, the FTSE 100 member said it had made “good progress” over the previous six months. Thanks to a recovery in markets such as China, it predicted adjusted pre-tax profit would come in around the same level achieved in the previous financial year. It had previously expected it to be 5% below FY2019/20’s level. Sure, value investors will baulk at the valuation (42 times forecast earnings). The opportunity cost of not investing elsewhere also needs to be considered. However, the essential nature of its various products and services gives Halma a defensiveness many firms in the FTSE 100 arguably lack. As such, I’m confident it’ll still outperform its index over the long term. Factor in strong cash generation, sound finances and dependable dividend hikes and I continue to think this is a company to tuck away in the bottom drawer.  Auto Trader Also reporting full-year results on 10 June is online vehicle marketplace Auto Trader (LSE: AUTO). If recent new car sales are anything to go by, I think these could make for pleasant reading. Of course, the prospect of good news doesn’t mean the share price won’t continue trading within the 500p-600p range it’s been stuck in. The potential for coronavirus variants to disrupt things going forward also can’t be ruled out. Notwithstanding this, the beauty of Auto Trader is that everything’s online. Its status as a portal gives it the ability to navigate inevitable economic setbacks far more easily than bricks and mortar dealerships. What’s more, a price-to-earnings ratio of 26 for FY22 looks reasonable. After all, Auto Trader consistently generates sky-high margins and returns on capital (ROCE). A commitment to focusing on the latter is one reason why star fund managers such as Terry Smith and Nick Train consistently outperform the market.  Ashtead A final FTSE 100 stock I’d have no issue buying next month is Ashtead Group (LSE: AHT). The construction and industrial equipment rental giant reports on trading on 15 June. Again, I don’t expect any nasty surprises. Back in April, the company said it expected full-year results to be “slightly ahead” of management’s previous expectations.  When it comes to share price performance, the £22bn-cap takes no prisoners. Over the last year, Ashtead has more than doubled in value. By contrast, the FTSE 100 is up ‘just’ 14%. Some short-term profit-taking can’t be ruled out, but I wouldn’t expect this to last for long. Trading can only improve as more construction projects get the green light as economies open up from their coronavirus-induced slumber. At 28 times forecast earnings, Ashtead can never be labelled ‘cheap’. As billionaire investor Warren Buffett suggested, however, it’s “far better to buy a wonderful company at a fair price than a fair company at a wonderful price.“ There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Don’t miss our special stock presentation. It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about. They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market. That’s why they’re referring to it as the FTSE’s ‘double agent’. Because they believe it’s working both with the market… And against it. To find out why we think you should add it to your portfolio today… Click here to get access to our presentation, and learn how to get the name of this 'double agent'! More reading 3 UK penny stocks I’d buy in June Should I buy GameStop stock? Why isn’t the Cineworld share price rising faster? 5 investing lessons I learned during the pandemic 2 top UK shares to buy in June Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has recommended Auto Trader and Halma. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post 3 FTSE 100 stocks to buy in June appeared first on The Motley Fool UK.
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  19. Wipro share price zooms nearly 10% on strong Q4 results; stock may rally another 10% to Rs 515 soon (16/04/2021 - Financial Express)
    Wipro share price surged as much as 9.5 per cent to Rs 471.75 apiece, a fresh 52-week high, on BSE on Friday, a day after the IT firm posted the best results in the last 10 years.
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  20. Peloton’s revenue soars 141% in Q1 (06/05/2021 - AlphaStreet)
    Peloton Interactive (NASDAQ: PTON) reported third-quarter 2021 financial results after the regular market hours on Thursday. The maker of exercise equipment reported Q3 revenue of $1.26 billion, up 141% year-over-year and above the Wall Street projection. Meanwhile, net loss of $0.03 per share was 9 cents narrower than what analysts had anticipated (-0.12). PTON shares jumped 1.3% immediately following the announcement. The stock has declined 43% since the beginning of this year. (The story will be updated with an AlphaGraphic) Looking forward to listening to management / analyst comments on the results? Stay tuned here for Peloton Interactive Q3 earnings call transcript Prior performance The post Peloton’s revenue soars 141% in Q1 first appeared on AlphaStreet.
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  21. BHEL share price tumbles 20% on weak Q4 results; stock may fall another 55%, say analysts (14/06/2021 - Financial Express)
    Bharat Heavy Electricals Ltd (BHEL) share price tumbled as much as 18 per cent to Rs 62.55 apiece in intraday on BSE, after the company reported lower-than-expected Jan-Mar quarter results
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  22. ICICI Bank share price soars post stellar Q4 earnings; brokerages remain bullish, increase target price (26/04/2021 - Financial Express)
    Loan growth for ICICI Bank was reported to be 14% on-year basis, showing a strong recovery.
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  23. 3 UK shares to protect against inflation (19/03/2021 - The Motley Fool UK)
    With the economy on the verge of reopening and the central bank having flooded it with an enormous amount of new money, worries about inflation are on the rise. To guard against this threat, I am looking for UK shares that will perform well in conditions of high inflation. In my opinion, these will be shares in companies that enjoy significant pricing power. A strong brand The first UK share on my shopping list is the iconic bootmaker, Dr Martens (LSE: DOCS). This company has the ability to raise prices during inflationary periods thanks to its strong brand and incredibly loyal customer base. Indeed, the company has been raising the prices of its boots since it first started selling them in the 1960s. A pair of 1461 shoes, for example, cost just £2 in the 60s but now sells for £159. Dr Martens shares only recently listed on the public markets in February, meaning there is still some uncertainty surrounding the stock. The shares also trade at high price-to-earnings (P/E) ratio of 53 at the time of writing. However, with gross and operating margins at 58% and 22% respectively and revenue growing 48% last year, I still consider Dr Martens shares as a buy for my portfolio. Strong network effects The second UK share that fits my criteria is Auto Trader (LSE: AUTO), which owns and operates the UK’s largest online automotive marketplace. This company’s pricing power comes from its strong network effect where the value of its product increases as more people use it. This has led Auto Trader to become the dominant player in its market, with a 75% market share. As a result of its dominant position, the company has been able to increase average revenue per retailer steadily since 2012 (with this year the exception) as well as maintain huge margins with an operating margin consistently above 65%. Considering that the company has only grown revenues at an annual rate of 7.5% over the last five years, Auto Trader shares do seem expensive at a P/E ratio of 34. However, the company is poised for a strong recovery in 2021. Add to this the robust nature of the business and I rate this share a buy for my portfolio. Large market share Finally, the third UK share that I think is well positioned for higher rates of inflation is Moonpig.com (LSE: MOON). Moonpig is a leading online greeting card and gifting platform and, like Dr Martens, it only recently went public. Not only is the company benefiting from the trend towards the online purchase of greeting cards, but it also has a dominant position in both the UK and Dutch markets, with a 60% and 65% share of each market respectively. Although Moonpig is also growing rapidly with revenues increasing 44% last year, this rate of growth will likely decline somewhat at the economy reopens and the company begins to face competition from brick and mortar sites once more. Despite this, I still think Moonpig shares are a buy for my portfolio as this slowdown is already reflected in the share price, which trades at a P/E ratio of 29 at the time of writing. There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Don’t miss our special stock presentation. It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about. They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market. That’s why they’re referring to it as the FTSE’s ‘double agent’. Because they believe it’s working both with the market… And against it. To find out why we think you should add it to your portfolio today… Click here to get access to our presentation, and learn how to get the name of this 'double agent'! More reading This new UK share looks set to stride into the FTSE 100. Time to buy? Moonpig shares: here’s why I’m not buying Ollie Henry owns shares in Moonpig.com. The Motley Fool UK has recommended Auto Trader. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post 3 UK shares to protect against inflation appeared first on The Motley Fool UK.
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  24. Payment For Order Flow Business visualized (01/04/2021 - Reddit Stock Market)
    Let’s begin by lookin at a customer who is looking to submit an order to buy a single share of stock. The process may look something like this. https://preview.redd.it/1f8iie7n6lq61.png?width=700&format=png&auto=webp&s=1fd4c76d3e50ae7fb0624ca188c8a50873a41cea Now we have to introduce slippage. Slippage is the money lost during trading, because the market moves in the opposite direction to the trade. Within a trading strategy, slippage is going to exist. In this case with a buy order slippage would occur when you submit a buy order but the stock price goes down during the time it takes to execute the trade. This is because there is some latency between submitting the order to the exchange and getting filled. During that time the price is being updated and it in this case it moves against the order. Let’s say that the stock the buyer is interested in trades at $100. Slippage would look something like this. ​ https://preview.redd.it/femhuvmo6lq61.png?width=700&format=png&auto=webp&s=583ef94f9daffb47799733e213a3a489dd845ec2 For the most part every trader will have slippage, the only way to negate slippage is reduce the latency between the computer used for submitting the order and the exchange. That’s a whole business within itself where HFTs reduce latency via colocation and other hardware / software solutions. Also in real life scenarios slippage is probably not as big as the example for most liquid stocks. HFTs are market makers which mean their jobs is to facilitate transactions. Essentially latency based arbitrage is when the HFT trader arbitrages between the market price and the incoming orders. They can do this because they have a faster connection to the exchanges. The process of a high frequency trader making a market for that $100 buy order would look something like this. ​ https://preview.redd.it/g4m4scyp6lq61.png?width=700&format=png&auto=webp&s=9b2c15152acc4a793f1c317207bb2df64b6b75fc There are a couple of things worth mentioning when looking at this diagram. The first is that the money that the HFT makes is not always $1, it is probably much smaller. (The FCA estimates its around 0.0042% of liquid stocks see link). Also the placement of the HFT makes it look like it can see ahead in the future, really that is to show that the HFT has a faster connectivity. Now comes payment for order flow. Essentially what happens is that the HFT pays the broker to get a first look at the trade before it hits the exchange. The order flow would look like this. https://preview.redd.it/0k9q38fr6lq61.png?width=700&format=png&auto=webp&s=a5627e37eb4fa9b4dd847ec109834b3418eab8ee Something to acknowledge is that when the order is put onto the exchange there will also be slippage as well. Something to note is that volatility plays a huge role in market making. Volatility is the measurement for how big the price movements are. More volatile stocks are going to have bigger prices movements. So stocks with greater volatility will vary greater and which means that the HFT will find a bigger spread. An example of a more volatile stock may look like. https://preview.redd.it/mmqz0czs6lq61.png?width=700&format=png&auto=webp&s=4bd69c87e403553d43f1128e097cf9ff31c47fde Without the stock prices or timeline the order flow would look like this. So where does the payment come in, and why would a HFT pay? The HFT pays the brokerage because it gives them a “look-ahead” on the order. From the HFT’s perspective its more cost-effective to pay the broker for the order flow than to find the order on the exchange and compete with other HFTs. The broker uses payment for order flow because they can offer commission-free trading. And the customer uses it because they can trade without commissions. Tracking the payments in payments looks like. Essentially commission-free trading exists because of payment for order flow, without that brokers would have to roll over the commission costs to the customer. There is a reason why HFTs target retail traders rather than institutional traders. Its because retail traders are less likely to leave a trade than institutional investors with HFT. In economics terms the marginal cost of trading is greater for institutional traders than for retail traders. In more simpler terms, if a HFT makes 0.01% on trades an institutional trader trading $1bn would take a bigger hit than a retail trader with $100. From a mathematical-like approach HFTs think like this. https://preview.redd.it/bkzt03ww6lq61.png?width=460&format=png&auto=webp&s=af42571a77339f62f7d16f254547bed13c17105a see more here   submitted by   /u/dial0663 [link]   [comments]
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  25. 3 great British stocks I’m buying and holding right now (22/04/2021 - The Motley Fool UK)
    As a buy-and-hold investor, I’m always thinking about the long term. That’s why I’m looking at these three very different, but great, shares to buy right now.  Auto Trader First up is Auto Trader (LSE: AUTO). I already own shares in this digital car sales business. However, I like where it’s going and want to increase my position.  In the past year, Auto Trader’s stock price has risen approximately 25%, from 450p to 565p. While it clearly dominates the car advertising space, it also stands to reap the benefits of a booming industry. This is evidenced in the 39% week-on-week increase in online traffic that Auto Trader experienced when car showrooms reopened across the UK this month. It looks like this British share could return to pre-pandemic levels sooner than expected.  However, my one concern is that this boom may be short-lived. A societal move to working from home will have reduced many consumers’ need for cars. Less commuting means less need for transport, and after the economic hit the world has taken, perhaps a vehicle is just one more expenditure that can be cut. Despite this, I’m still bullish on Auto Trader as the economy reopens. I believe that this top UK share is large enough to see out any downturns and continue to grow. Pets at Home Group The pandemic has turned Pets at Home (LSE: PETS) into a real growth possibility for me.  In the past 12 months, Pet at Home’s share price has jumped 80% from 244p to 439p. It has benefited from Covid-19 as a total of 3.2 million households in the UK acquired a pet since the start of the pandemic. The BBC even reported a pet food shortage across supermarkets last month!  PETS’ retail stores generate almost 90% of total revenue, with more than half of that from pet food sales alone. And despite Covid-19 related restrictions, revenue has continued to grow by 17.5%. I have one very real concern about the company’s lack of distribution centres. It only has two of them, serving the north and south of Britain. If a disaster were to occur at only one of these sites, it would cause massive supply issues and cost a huge chunk of revenue. However, I’m optimistic about PETS and believe that it will benefit from a generational move towards higher pet ownership and interest in pet wellness. Saga Things look promising for Saga (LSE: SAGA) too, I feel. Saga shares have risen more than 60% in the past year, from 221p to 357p. With vaccinations underway, the travel and insurance group’s core customer base of over-50s — who are typically loyal and have more money to spend — are spending again. Following a dismal 2020 due to Covid-19, cruise bookings have risen 20%, indicating a pent-up demand for travel. For 2021/22 and 2022/23, it has £154m of total cruise bookings, up from £128m year-on-year.  I do worry about the company’s growing debt though. As of January 31, the company had long-term debt of around £820m on its balance sheet versus equity of £681m. This adds risk to the investment case, particularly given uncertainty in relation to the travel division. The optimist in me truly believes that over-50s travel will be a huge market following lockdown, however. Saga could be a risky but profitable investment for me right now. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner. But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared. What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations. And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! More reading Here are my 2 top reopening stocks to buy now. I think they could soar this year! 2 FTSE 100 stocks to watch Top growth stocks for April 2021 Saga’s share price is rising. Should I buy the stock now? Saga shares are rising. Here’s what I’m doing Jamie Adams owns shares of Auto Trader. The Motley Fool UK has recommended Auto Trader. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post 3 great British stocks I’m buying and holding right now appeared first on The Motley Fool UK.
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  26. What are your thoughts on SQ share price being tied to bitcoin? (09/02/2021 - Reddit Stocks)
    This past month SQ share price has tracked nearly identical to the fluctuations of bitcoin. For example, both dropped to their monthly low on 1/27 and had a sharp spike to all time highs today. I am (was?) very bullish on SQ based on the theory that post-COVID, they can generate more revenue from small business + it's possible they could be added to the S&P500 sometime in the future...but as of recently, I do not like how the share price of SQ is tracking with bitcoin. What are your thoughts on this? Does it make sense to stop buying shares right now (or just buy the dips)? I'm not sure what to make of this so I'd like to hear your thoughts. Thank you! Disclosure: SQ is my 2nd largest position at 17% of my portfolio.   submitted by   /u/bigboybuckeyenuts [link]   [comments]
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  27. The Technical Indicator: Charting rotational breakouts, S&P 500 rallies to record highs (16/03/2021 - Market Watch)
    Technically speaking, the S&P 500 and Dow industrials have staged tandem breakouts — tagging all-time highs — though amid March price action that remains uneven, writes Michael Ashbaugh.
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  28. Morgan Stanley loses $911 millions because of Archegos Capital (16/04/2021 - Reddit Stocks)
    The company reported higher then expected profits but the market seems uncertain about those losses, and MS opened in red. What do you think about it? Will this go the same way it did with Credit Suisse, or after a little volatility the price will stabilize again around $80 per share? Personally, I don't think those losses will impact that much the business operations, since the Q1 results are very very positive anyway. https://www.wsj.com/articles/morgan-stanley-first-quarter-profit-soars-11618574016   submitted by   /u/TheWokeKiwi [link]   [comments]
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  29. DOW Makes Record Run Late Friday (10/04/2021 - INO.com)
    The U.S. stock market climbed to record levels and closed out Friday trading at their session highs, with Wall Street wrapping up the week with solid gains amid rising optimism that a full reopening is right around the corner. The DOW rose fell just short of a +300 point day, gaining 297.03 points or +.89% […] The post DOW Makes Record Run Late Friday appeared first on INO.com Trader's Blog.
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  30. The 88 Energy share price soars 12% on Merlin-1, Project Icewine updates! (27/04/2021 - The Motley Fool UK)
    The 88 Energy (LSE: 88E) share price has been on a wild ride in recent weeks amid a slew of operational updates on its Alaskan assets. The share price closed at four-year highs of 3.75p per share in March. This was after promising testing data at its Merlin-1 well. But subsequent problems in verifying the quality of the well caused the oilie to collapse back towards 1p. But today, 88 Energy is back on the charge and up 12% from Monday’s close at 1.35p per share. Here’s why investors have piled back in following the company’s latest operational update. 88 Energy’s share price soars again As I say, 88 Energy encountered problems in April when conducting a wireline programme at Merlin-1. It led the company to abandon testing work at least temporarily and plug the well. Back then, the AIM company said that further drilling and an analysis of sidewall cores might be required to confirm a discovery at Merlin-1. And on Tuesday, the oilie confirmed that testing on sidewall cores, cuttings, mud gas and fluid samples is underway. It said that testing will take between two and 10 weeks to complete. Testing will be carried out “to determine oil saturation, oil typing, PVT [pressure volume temperature] characteristics, porosity, permeability and rock mechanics,” it said. The business added that cuttings will be subject to a Volatiles Analysis Service too. This will help it to interpret results from the well. In other encouraging news, 88 Energy said that “initial mapping of additional prospective zones encountered in Merlin-1 [is] encouraging.” It said that these zones “exhibited good shows with potential for pay,” and that “an initial mapping exercise has indicated that these zones may be of similar magnitude in terms of volumetric range as the originally targeted primary zones.” Further testing would be required to confirm what it is sitting on, it added. More exciting news On Tuesday 88 Energy also announced some potentially exciting news concerning its Project Icewine asset in Alaska. It said that it has been observing nearby work by Pantheon Resources on its Talitha-A well. And these results have revealed “additional insights into the wettability of the Kuparuk formation,” the firm noted. These are results that it says may have “positive ramifications” for its own interpretation of the horizon. 88 Energy said its own drilling results at Kuparak had been interpreted “as likely gas condensate or residual oil”. As a consequence, no mapped targets had been identified by the company. However, 88 Energy views those recent Talitha-A results as “highly encouraging regionally for the Kuparuk [and] across Project Icewine.” Its internal geoscience team is therefore now re-assessing Kuparak’s potential. To round off the release 88 Energy said that “it is also evident that several of the other prospective horizons encountered in Talitha-A, where pay has been interpreted by Pantheon, extend into Project Icewine acreage.” A Top Share with Enormous Growth Potential Savvy investors like you won’t want to miss out on this timely opportunity… Here’s your chance to discover exactly what has got our Motley Fool UK analyst all fired up about this ‘pure-play’ online business (yes, despite the pandemic!). Not only does this company enjoy a dominant market-leading position… But its capital-light, highly scalable business model has previously helped it deliver consistently high sales, astounding near-70% margins, and rising shareholder returns … in fact, in 2019 it returned a whopping £150m+ to shareholders in dividends and buybacks! And here’s the really exciting part… While COVID-19 may have thrown the company a curveball, management have acted swiftly to ensure this business is as well placed as it can be to ride out the current period of uncertainty… in fact, our analyst believes it should come roaring back to life, just as soon as normal economic activity resumes. That’s why we think now could be the perfect time for you to start building your own stake in this exceptional business – especially given the shares look to be trading on a fairly undemanding valuation for the year to March 2021. Click here to claim your copy of this special report now — and we’ll tell you the name of this Top Growth Share… free of charge! More reading The 88 Energy share price collapses again! Should I buy this UK share today? Can the 88 Energy (88E) share price explode again? The 88 Energy share price crashes 66%! This is what I’d do now The 88 Energy share price plunges! Here’s what I’d do The 88 Energy share price surges to 4-year highs! This is why Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post The 88 Energy share price soars 12% on Merlin-1, Project Icewine updates! appeared first on The Motley Fool UK.
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  31. RIL share price falls for 2nd straight day after Q4 results; charts show it may fall more (04/05/2021 - Financial Express)
    RIL share price fell as much as 1.5 per cent to Rs 1,930 apiece on BSE in intraday deals on Tuesday.
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  32. Auto-debit bounces ease in March, but stay above pre-Covid levels (16/04/2021 - Financial Express)
    The share of unsuccessful auto-debit requests in volume terms eased from 36.65% in February.
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  33. Sensex at 52K, Nifty at 15,300, indices hit record highs; time to buy, sell and book profit, or hold? (15/02/2021 - Financial Express)
    Indian share markets benchmarks BSE Sensex and Nifty 50 scaled fresh lifetime highs on Monday, on the back of firm global cues, upbeat Q3 earnings and strong foreign fund inflows
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  34. Softcat’s share price soars as forecasts upgraded! (26/05/2021 - The Motley Fool UK)
    The FTSE 250 is rising towards new record highs in Wednesday trading. Britain’s second-tier UK share index is almost 1% higher on the day and just 150 points off recent all-time highs around 22,775 points. The Softcat (LSE: SCT) share price is one of the index’s strongest risers too in mid-week business. At £19.10 per share, the Softcat share price is up 6% from Tuesday’s close. The FTSE 250 tech share is also a whisker off its own record close of £19.69 set earlier this month. This is thanks to a positive reception to the company’s latest financials. Softcat to beat expectations In a trading update for its third quarter Softcat said that it “continued to trade well” following an “exceptional” first half of the financial year ending in July. The IT giant “delivered further double-digit year-on-year growth in revenue, gross profit and operating profit,” it said, adding that this reflected “[a] performance that was generally more broad-based than that seen in the first half.” Softcat saw run-rate transaction volumes strengthen during the third quarter. Meanwhile cash collections and conversion had remained “good” in the three-month period. As a consequence the FTSE 250 firm expects results for the full financial year to beat expectations. A bright outlook Looking beyond the current year, Softcat said that “cost savings related to Covid are expected to reverse” in fiscal 2022. It said that customer visits and attending internal events will again become possible as pandemic-related lockdowns are rolled back. Softcat also noted that it had enjoyed some of the biggest deals in its history during the first half of financial 2021. And “significant elements” of these “were one-off in nature.” These business wins, allied with those cost savings, were expected to contribute £12m to this year’s results. The IT firm therefore expects earnings before interest and tax (EBIT) in financial 2022 to be “broadly in line” with that reported in the current period following today’s announced upgrades. It added too that “we remain confident of the road ahead and expect to see further growth” beyond next year. Why I’d buy this UK share It’s clear that Softcat will find it difficult to replicate this year’s exceptional results. Covid-19 lockdowns and the subsequent spike in homeworking helped sales to explode across many UK tech stocks since March 2020. But I’m confident that Softcat will enjoy still strong and sustained revenues and profits growth beyond the short term. Companies across the globe are switching to more flexible working models following the public health crisis. This provides firms like Softcat — a rising star in the field of IT infrastructure — with plenty of business to win in the future. I’m aware, though, that this UK share trades on a forward price-to-earnings (P/E) ratio of 42 times. Elevated valuations like that can lead to sharp share price corrections if news flow surrounding the firm starts to disappoint. FREE REPORT: Why this £5 stock could be set to surge Are you on the lookout for UK growth stocks? If so, get this FREE no-strings report now. While it’s available: you’ll discover what we think is a top growth stock for the decade ahead. And the performance of this company really is stunning. In 2019, it returned £150million to shareholders through buybacks and dividends. We believe its financial position is about as solid as anything we’ve seen. Since 2016, annual revenues increased 31% In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259 Operating cash flow is up 47%. (Even its operating margins are rising every year!) Quite simply, we believe it’s a fantastic Foolish growth pick. What’s more, it deserves your attention today. So please don’t wait another moment. Get the full details on this £5 stock now – while your report is free. More reading 3 UK growth stocks to buy Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Softcat. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post Softcat’s share price soars as forecasts upgraded! appeared first on The Motley Fool UK.
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  35. Softcat’s share price soars as forecasts are upgraded! (26/05/2021 - The Motley Fool UK)
    The FTSE 250 is rising towards new record highs in Wednesday trading. Britain’s second-tier UK share index is almost 1% higher on the day and just 150 points off recent all-time highs around 22,775 points. The Softcat (LSE: SCT) share price is one of the index’s strongest risers too in mid-week business. At £19.10 per share, the Softcat share price is up 6% from Tuesday’s close. The FTSE 250 tech share is also a whisker off its own record close of £19.69 set earlier this month. This is thanks to a positive reception to the company’s latest financials. Softcat to beat expectations In a trading update for its third quarter Softcat said that it “continued to trade well” following an “exceptional” first half of the financial year ending in July. The IT giant “delivered further double-digit year-on-year growth in revenue, gross profit and operating profit,” it said, adding that this reflected “[a] performance that was generally more broad-based than that seen in the first half.” Softcat saw run-rate transaction volumes strengthen during the third quarter. Meanwhile cash collections and conversion had remained “good” in the three-month period. As a consequence the FTSE 250 firm expects results for the full financial year to beat expectations. A bright outlook Looking beyond the current year, Softcat said that “cost savings related to Covid are expected to reverse” in fiscal 2022. It said that customer visits and attending internal events will again become possible as pandemic-related lockdowns are rolled back. Softcat also noted that it had enjoyed some of the biggest deals in its history during the first half of financial 2021. And “significant elements” of these “were one-off in nature.” These business wins, allied with those cost savings, were expected to contribute £12m to this year’s results. The IT firm therefore expects earnings before interest and tax (EBIT) in financial 2022 to be “broadly in line” with that reported in the current period following today’s announced upgrades. It added too that “we remain confident of the road ahead and expect to see further growth” beyond next year. Why I’d buy this UK share It’s clear that Softcat will find it difficult to replicate this year’s exceptional results. Covid-19 lockdowns and the subsequent spike in homeworking helped sales to explode across many UK tech stocks since March 2020. But I’m confident that Softcat will enjoy still strong and sustained revenues and profits growth beyond the short term. Companies across the globe are switching to more flexible working models following the public health crisis. This provides firms like Softcat — a rising star in the field of IT infrastructure — with plenty of business to win in the future. I’m aware, though, that this UK share trades on a forward price-to-earnings (P/E) ratio of 42 times. Elevated valuations like that can lead to sharp share price corrections if news flow surrounding the firm starts to disappoint. FREE REPORT: Why this £5 stock could be set to surge Are you on the lookout for UK growth stocks? If so, get this FREE no-strings report now. While it’s available: you’ll discover what we think is a top growth stock for the decade ahead. And the performance of this company really is stunning. In 2019, it returned £150million to shareholders through buybacks and dividends. We believe its financial position is about as solid as anything we’ve seen. Since 2016, annual revenues increased 31% In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259 Operating cash flow is up 47%. (Even its operating margins are rising every year!) Quite simply, we believe it’s a fantastic Foolish growth pick. What’s more, it deserves your attention today. So please don’t wait another moment. Get the full details on this £5 stock now – while your report is free. More reading 3 UK growth stocks to buy Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Softcat. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post Softcat’s share price soars as forecasts are upgraded! appeared first on The Motley Fool UK.
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  36. 3 FTSE 100 stocks to buy with £3k (07/04/2021 - The Motley Fool UK)
    If I had £3,000 to invest right now, I would buy a basket of FTSE 100 stocks. Here are three companies on my watchlist.  FTSE 100 stocks  The first company on my list isn’t really a business in the traditional sense. It is an investment group. Pershing Square Holdings (LSE: PSH) is the publicly traded investment vehicle of the US-based Pershing Square hedge fund. This fund is headed by one of the world’s most successful hedge fund managers, Bill Ackman.  The company owns a basket of US stocks and shares. Ackman and his team select these stocks. I think this is an excellent way to invest in some of the fastest-growing, highest quality US businesses. However, it might not be suitable for all investors. The portfolio only contains a handful of equities. At the end of March, the fund owned just nine stocks. Therefore, there’s a significant risk that the manager could invest a large amount in a stock that fails to live up to expectations.  Despite this risk, I would buy the FTSE 100 company for my portfolio to gain exposure to US stocks. Tech champion Auto Trader (LSE: AUTO) is one of the largest public UK tech businesses. Its digital automotive marketplace has become the go-to destination for consumers who want to buy and sell vehicles. As a result, since 2016, net income has jumped from £127m to £205m for 2020.  City analysts are expecting this growth to continue. They have pencilled in a net profit of £210m for 2022, although this is just an estimate at this stage.  Still, based on this projection, the stock is trading at a 2022 P/E of 26. I think that looks cheap compared to the tech sector median of 32. Considering this valuation and its potential for growth in the long run, I would buy Auto Trader for my portfolio of FTSE 100 shares. One big challenge this company faces is remaining relevant in the increasingly competitive online marketplace. If management fails to invest enough, it could be overtaken by smaller competitors. That would have a significant impact on Auto Trader’s growth rate and could hurt the share price.  Phoenix from the ashes The performance of Standard Life Aberdeen (LSE: SLA) has been mixed over the past few years. Assets have fled the business in favour of other fund managers that have a better track record and charge lower fees. The company is trying to rectify these issues. It has been selling off non-core assets and low-return businesses. The proceeds are going back into the business. I think there’s a high chance these growth initiatives could help the corporation emerge stronger in the next few years.  Unfortunately, this recovery isn’t guaranteed. As such, the stock might not be suitable for all investors. The asset management industry is incredibly competitive, and there’s no guarantee investors will return to Standard Life’s offering. The company faces an uphill struggle, but I’m encouraged by the strength of its brand, which could help the business’s relationship with customers. That’s why I would buy the FTSE 100 stock for my portfolio today. There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Don’t miss our special stock presentation. It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about. They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market. That’s why they’re referring to it as the FTSE’s ‘double agent’. Because they believe it’s working both with the market… And against it. To find out why we think you should add it to your portfolio today… Click here to get access to our presentation, and learn how to get the name of this 'double agent'! More reading The best shares to buy now for my ISA. Here are 2 of my favourites 3 UK shares to protect against inflation The Standard Life share price has jumped: is there still time for me to buy? Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Auto Trader. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post 3 FTSE 100 stocks to buy with £3k appeared first on The Motley Fool UK.
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  37. Is there any formula or calculation that would show % movement on a stock price from buy and sells? (01/05/2021 - Reddit Stocks)
    In a hypothetical world where I was the only trader, (no bid / ask), I'm curious to know if there's any way to estimate or predict how much a stock's market price would move based on "single" trades... Or maybe you can help point me in a direction to see if this can be determined, (if at all...). Example, (considering the float would be a significant part of the equation) Stock A is currently at $100, if an order for 1000 shares is filled at $100, does this do anything to the share price? How does this change if the order was for 10,000 shares? Or 100,000 shares? Kinda like I'm looking to figure out a delta, but instead of underlying / derivative relationship, it relates to volume / share price. Or, does volume do nothing to the sp in the absence of the bid/ask? Is there any math there, or is it all human emotion based on supply and demand? Thanks for any thoughts.   submitted by   /u/My_Public_Profile [link]   [comments]
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  38. NovoCure-NVCR Big Wigs getting rich : we need to sell our shares! Make the fake pumped up stock price crash! (16/04/2021 - Reddit Stocks)
    I’m a small dollar trader and I’m tired of big companies manipulating the common average trader! Check out NVCR, Novocure- they recently had some positive results come back from a third-party tester on one of their products, and it made their stock skyrocket. They pumped it up and many investors jumped in on this ride up and got stuck as other news came out that the results may not be all they’re cracked up to be. And now all the bigwigs at the company are selling off their stock and these regular investors are getting stuck. I think as a group anybody in this chat and reading this if you are holding Miracle cure sell it now so these bigwigs can’t make a huge pumped up profit.   submitted by   /u/Majestic_Law_7735 [link]   [comments]
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  39. Mexico Auto Exports (25/02/2021 - Trading Economics)
    Auto Exports in Mexico decreased to 223.53 Thousand Units in January from 275.08 Thousand Units in December of 2020. Auto Exports in Mexico averaged 127.74 Thousand Units from 1988 until 2021, reaching an all time high of 323.63 Thousand Units in March of 2019 and a record low of 9.50 Thousand Units in September of 1989. In Mexico, auto exports refers to total exports of vehicles. This page provides - Mexico Auto Exports- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  40. 2 FTSE 100 stocks to watch (17/04/2021 - The Motley Fool UK)
    The pandemic wreaked havoc on businesses throughout 2020, and some have fared better than others. When looking to invest in quality companies for my Stocks and Shares ISA, I like to start with stocks in the FTSE 100 index. Buying and selling Automotive classified ads business Auto Trader (LSE:AUTO) has become a digital vehicle sales behemoth. Over the years, it has invested in technology to ensure it’s easy to use for both buyers and sellers. And it has built its reputation into a reliable and recognisable brand. Auto Trader makes a considerable chunk of its income from car dealers that advertise through the platform. Therefore, the widespread closure of showrooms in 2020 due to the pandemic, led to a loss of income for the group. Nevertheless, the company took pains to support its customers throughout the period. It allowed listings to continue for free to maintain good customer relations and ensure a smooth transition to selling online when the lockdowns ended. But this means a £5m-£7m operating loss for each month the company provides free listings to these core customers. Therefore, sales volumes are expected to slip in Q1 as the latest lockdown continues to affect revenues. Signs of market stability However, during the past year, heightened worries of the risk of the virus from public transport led to an increase in consumers seeking private vehicle ownership. Auto Trader has seen a consistent increase in demand for cars and a rise in audience numbers browsing its platform. According to a Motor Trader article, March 2021 pricing strategies are consistent with those of a typical March, which highlights market stability given the restrictions in place. Auto Trader has a price-to-earnings ratio of 26 and earnings per share are 22p. I think it’s a strong company, putting customers first. I’d like to own shares in this business, but I think optimism has driven the share price higher and with a slump in results expected, I’m wary of buying now. Therefore, I’ll put it on my watch list and wait for a dip. A FTSE 100 5G stock The UK government sold off a new tranche of 5G mobile network spectrum rights last month, and Vodafone (LSE:VOD) spent £176.4m on its share of the allocation. This is less than its competitors, Telefonica, BT, and Hutchison 3G. The next stage of this process is to divvy up assignments into frequency positions. Floating its Vantage Towers business on the Frankfurt Stock Exchange led it to generate around €2.3bn, which it’s pledged to use to pay down debt. I think this should also bring future value if the network of 82,000 towers across 10 countries is successful in its bid to become one of Europe’s leading 5G super-hosts. Vodafone stock has risen 22% in the past six months. But has seen volatility during this time. Unfortunately, the company is still laden with considerable debt, which poses a long-term risk to the business. It’s also seen its revenues decline over the past five years, which is never an encouraging sign. And its share price is down over 40% in this time. However, it currently offers a nice 6% dividend yield, which is appealing to long-term investors. I think the future potential looks good for 5G providers, and I’m tempted by Vodafone shares. For regular stock market investing ideas and help choosing the best shares to buy now, sign up to The Motley Fool today. A Top Share with Enormous Growth Potential Savvy investors like you won’t want to miss out on this timely opportunity… Here’s your chance to discover exactly what has got our Motley Fool UK analyst all fired up about this ‘pure-play’ online business (yes, despite the pandemic!). Not only does this company enjoy a dominant market-leading position… But its capital-light, highly scalable business model has previously helped it deliver consistently high sales, astounding near-70% margins, and rising shareholder returns … in fact, in 2019 it returned a whopping £150m+ to shareholders in dividends and buybacks! And here’s the really exciting part… While COVID-19 may have thrown the company a curveball, management have acted swiftly to ensure this business is as well placed as it can be to ride out the current period of uncertainty… in fact, our analyst believes it should come roaring back to life, just as soon as normal economic activity resumes. That’s why we think now could be the perfect time for you to start building your own stake in this exceptional business – especially given the shares look to be trading on a fairly undemanding valuation for the year to March 2021. Click here to claim your copy of this special report now — and we’ll tell you the name of this Top Growth Share… free of charge! More reading Top growth stocks for April 2021 Why I think the Vodafone share price could keep climbing The Vodafone share price is near its one-year high. Would I buy today? 3 FTSE 100 stocks to buy with £3k The best shares to buy now for my ISA. Here are 2 of my favourites Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has recommended Auto Trader. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post 2 FTSE 100 stocks to watch appeared first on The Motley Fool UK.
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  41. The IAG share price soars 37% in 3 months. Can it go higher? (05/05/2021 - The Motley Fool UK)
    So far, 2021 has been very good to shareholders in International Consolidated Airlines Group (LSE: IAG). The IAG share price has soared like a jumbo jet in 2021, delivering bumper returns for its owners. But how much further can this flight continue? The IAG share price collapsed in 2020 At its five-year peak, the IAG share price hovered around £5 in late-June 2018. Although that was less than three years ago, it must feel a lifetime away to IAG shareholders. However, even as late as mid- January 2020, the shares were trading around 460p. Then, as Covid-19 infections swept the globe, the Anglo-Spanish airline’s stock came crashing to earth. Over the next nine months, the IAG share price was almost in permanent free-fall. On 25 September 2020, it plunged to an intra-day low of just 86.54p, before closing at 94.64p. Alas, by 29 September, it had slumped to a new closing low of 91p. The owner of British Airways, Iberia, and Aer Lingus appeared to be on its knees. But good news was just around the corner… Airline stocks soar since Halloween In early November, the light at the end of the tunnel for IAG shareholders finally arrived. The unveiling of several highly effective Covid-19 vaccines sent bombed-out stocks skyrocketing. In the six months since then, the UK shares that have gained most have largely been ‘value’ and ‘recovery’ stocks. And, given its horror-show performance in 2020, it’s no surprise that the IAG share price has been one of the biggest winners of the past half-year. As I write, the IAG share price hovers around 202p, valuing the group at £10.1bn. That more than doubled 2020’s closing low of 91p, for a gain of 122% in just over seven months. It’s also more than a quarter (26.4%) above the 159.8p at which the shares closed 2020. Here’s how the stock has risen over three recent timescales: 3M 36.9% 6M 95.9% 1Y 50.7% As you can see, the IAG share price is up more than a third (36.9%) in the past three months. For the record, this makes it the best performing share in the FTSE 100 index since 5 February. Unfortunately, over longer periods, the stock has been a washout. Over two years and three years, it has almost halved (down 42.7% and 52.1%), and has crashed two-fifths (-40.1%) over five years. After a disastrous 2020, IAG is a prime recovery candidate In 2019, IAG’s revenues hit a record €25.5bn. With airmiles flown collapsing in 2020, yearly revenues plunged to €7.8bn. As a result, net profit reversed from €1.7bn in 2019 to a loss of €6.9bn for 2020. Last year, the group flew 31.3m passengers, 87m fewer than 2019’s 118.3m. To get back to those highs, the number of passengers will have to quadruple from 2020’s rock bottom. Likewise, for the IAG share price to return to former glories, air travel will need to recover to pre-Covid-19 levels. Do I think there’s room for the IAG share price to go higher on good news? You bet I do. After all, it hit 222.1p on 16 March, its intra-day high for 2021. But would I buy the stock at current levels? Maybe, but like this Foolish colleague, I’m uneasy. I’m an old-school value hunter, so I tend to leave growth and recovery stocks for other investors. But I do believe that if a global economic boom does take hold, then IAG could be a big winner from any sustained rebound! One stock for a post-Covid world… Covid-19 is ripping the investment world in two… Some companies have seen exploding cash-flows, soaring valuations and record results… …Others are scrimping and suffering. Entire industries look to be going extinct. Such world-changing events may only happen once in a lifetime. And it seems there’s no middle ground. Financially, you’ll want to learn how to get positioned on the winning side. That’s why our expert analysts have put together this special report. If the pandemic has completely changed our lives forever, then they believe that this stock, hidden inside the tech-heavy NASDAQ, could be set for monstrous gains… Click here to claim your copy now — and we’ll tell you the name of this US stock… free of charge! More reading Where will the IAG share price go next? The IAG share price is up 20% in 2021. Have I missed my chance? Why I like the easyJet, IAG, and Wizz Air shares now As the IAG share price continues to rise, here’s why I’d invest £3k in the airline The International Airlines Group (IAG) share price has been rising. Should I buy the stock now? Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post The IAG share price soars 37% in 3 months. Can it go higher? appeared first on The Motley Fool UK.
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  42. Rite Aid ( RAD ) has formed double top peaks 3 times in past 4 months, each time hitting new highs and doubling in price from trough to peak . Next peak(s) projected to occur April 12 - 16, 2021 within a price range of $40.00 - $47.50 per share. (07/03/2021 - Reddit Stock Market)
      submitted by   /u/Michael_Therami [link]   [comments]
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  43. RKT: dismantling bear case and why you should buy (01/05/2021 - Reddit Stock Market)
    RKT... I know the bear arguments: rising rates, housing bubble, etc. But don’t miss the bigger picture. They are increasing market share at an insane pace and now expanding into online auto sales similar to carvana/vroom in addition to offering financing for said auto sales. Also the huge 500 million block trade was sold at $25. With share price sitting in $22s it’s clear to see how undervalued it is. Even the CEO said that at $43 during the peak of the March pump it was undervalued. People like to throw around “gamma squeeze” often. However in this case it is very applicable. Take a look at OI for 5/21 $30c. Or 6/18. The fundamentals are there. The technicals scream buy. More catalysts are coming. What more do you need to see? Unfortunately RKT was erroneously lumped in with GME/AMC due the dividend and ER being at the same time GME media attention. Don’t be deceived. RKT is the real deal.   submitted by   /u/BigDaddyJ_Stocks [link]   [comments]
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  44. Fastly drops 27% after release of Q1-21 results - Price roller coaster (07/05/2021 - Reddit Stock Market)
    Fastly released its Q1-21 performance on Thursday, after which the stock price dropped a whopping 27%. The company generated revenues of $84.9 million (35% YoY) vs. $85.1 million market consensus. Net loss per share was $0.12 vs. an expected $0.11. These are not big misses but make the company one of the few high-growth cloud players that underperformed market expectations. However, the company also lowered its guidance for Q2: Fastly forecasts revenues of $84 - $87 million and a net loss of $0.16 - $0.19 per share, compared to the market consensus of $92 million in revenue and a net loss of $0.08 per share, thereby disappointing investors. Lastly, Adriel Lares will step down as CFO of the company after 5 years. Shareholder letter The company is now trading at a PPS of $42, compared to its high of $119 only 3 months ago, representing a TEV / NTM revenue multiple of 11.9x. ​ https://preview.redd.it/o0icgq474ox61.png?width=1312&format=png&auto=webp&s=4ef3707685f45a263efeb7c74cbf6f82ec9c810b   submitted by   /u/CloudInvest [link]   [comments]
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  45. Yes Bank share price under pressure as Axis Bank, FPIs cut stake, Q4 results disappoint; falls 7.6% in Apr (04/05/2021 - Financial Express)
    Yes Bank share price is under severe pressure, after heavyweight investors cut stake in the previous quarter, and the company posted disappointing fiscal fourth quarter results
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  46. Xilinx reports upside FQ4 results driven by record auto sales, data center strength (04/05/2021 - Seeking Alpha)

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  47. Why is ALGT (Allegiant Air) at all time highs but other airlines like DAL, UAL, AAL are still slowly climbing? (23/02/2021 - Reddit Stocks)
    Does anyone know the reason as to why ALGT is out performing almost every other airline stock? I understand that they are in a better position financially than some of these other companies but is there more to it? Are they a more cost efficient business long-term? Attaining more market share? Also which airline stock do you think is just under ALGT in terms of potential price rise to all time highs. ALGT market cap is $4B, DAL market cap is $30.5B.   submitted by   /u/tempestlight [link]   [comments]
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  48. ZKIN 15m Outlook (14/04/2021 - Reddit Stock Market)
    Since the last outlook the price of ZKIN has gained almost 7% in value as it's being traded back above $7 per share. A first bull signs start to show up as volume has increased sharply today. We've already had the same amount of trades today by now, that we had yesterday! A volume spike led to a price spike to $8 per share. A strong buying demand has arrived as the price broke above $7.00 and change the overall trend to uptrend. The price failed to hold at $8 which would be expected from such sharp move from a downtrend, but it has managed to find a support at 20 and 50 EMA's, which means that the 15m uptrend is likely to begin! This will lead the long almost 6 days long 15 minute downtrend which made the price of ZKIN very oversold. Same as before. This is no more any early optimism, but it seems like another uptrend as we've expected is forming. The key support is located at $7.00, where the EMA's are located. A break below this support would lead to a prolonged downtrend, which ZKIN's price can't really handle in order to remain in overall uptrend. Maybe one more dip, but it's unlikely. RSI continues to see some bullish pressure as it's in a trend of higher highs and lows. A break above 60 as you may know by now, will bring bullish momentum, pushing the price back to $8 area possibly. MACD is in a buying wave with no further plans, that she would like to tell us on this time frame. Overall trend has changed into an uptrend! We now expect, based on our continuous analyses and outlooks, the price of ZKIN from now on to move higher, in a trend of higher highs and higher lows.   submitted by   /u/BreianaOlson [link]   [comments]
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  49. RIL share price falls 2.5% after Q4 results miss estimates, but now set to rally; should you buy? (03/05/2021 - Financial Express)
    RIL share price fell as much as 2.5 per cent to Rs 1,943.70 apiece in the morning deals on Monday, after the Mukesh Ambani-led firm posted a net profit of Rs 13,227 crore in Jan-Mar quarter, which missed the estimates
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