Thinking about an Exxon long term buy -- need to take a deep dive but feels about time to get back in... they seem to be in a good place for green/traditional energy growth.
this is a pole formation fwiw, the market cap for Zoom is now larger than Boeing. Boeing's annual revenue is > $75 B, Xm's is less than $1 Billion. Boeing has > 50,000 employees, less than a thousand for Zm Boeing (an amalgamation of Boeing, McDonald and Douglas) has been in business for > 70 years; less than 5 for Zoom
I bought XOM and CVX during the downturn and made some decent money, but there were way too many things out there making a lot of money to be sitting on energy stocks. I only wanted them for dividends, but when dividends are being offset by the stock going down, that's a long wait. I was reading about how there was a leaked memo from Exxon that said they may be ready to announce more layoffs because of a longer than expected market downturn : https://www.businessinsider.com/lea...weighing-job-cuts-in-upstream-division-2020-9. The sad thing is, the stock may go up if/when the layoff announcement is made.
It's still going crazy afterhours. Is earnings tomorrow, too? I regret not getting in on this one around $100.
I've been watching it for a while. It was a bit of a dud after its IPO, but woke up about a week or two ago. It's been moving recently after analysts have been kind of warm to its future. A bunch of analyst ratings came out yesterday on it with most of them being around neutral to buy. But all their price targets are about right where it's trading now. They kind of already pre-announced some really impressive earnings numbers about 2 weeks ago (https://www.yahoo.com/news/rocket-companies-jumps-pre-announcing-134011906.html) which is around when it started moving, so I'm wondering if a lot of the movement is baked in, but in this market where things seem to go up for no reason, who knows. If they've already pre-announced great numbers and the stock spiked, how much is left? Like I said - I have no idea in this market. I don't know much about the industry, though, so I'm staying out for now.
Nvidias marketing blitz may give amd CPUs a boost. Intel doesn't have a pcie 4 platform atm and I don't see any announcements for a desktop refresh, their upcoming chip launch is laptop only. One more reason to pick amd for desktop.
That was precisely my thoughts also. Same thing happened with WTRH recently where the prelim earnings out-shined the earnings. With RKT there's a lot of pumping on twitter so it's possible it can go 35-40+..
Intel Did you buy? Early days, but it's looking good so far. Investors include former tesla CTO and Chamath Palihapitiya. A bunch of Phds in the management team.
a rising tide lifts all boats, including this old fart actually, in the case of INTC, it is more about retracement towards closing/narrowing the gap down. the options are cheap, 38% retracement is ~ 55 picked up 9-25 154 strike CALL dirt cheap
I bought really cheap $52 strikes weekly calls waiting for the tigerlake event hype, and got out with 2x. A few reports that intel and industry may have underestimated Q3 demand (they thought it would fizzle after the rush to purchase laptops in Q2 due to WFH), and the OEMs are reporting good demand for PCs in Q3 in general. Intel, AMD, NVDA may all have good 3Qs. The bad news for intel is still no competitive xeon chips in sight probably till next year(?), they'll have to slash prices for what has been their highest margin category. https://seekingalpha.com/article/43...-up-and-widespread-q3-beats-now-appear-likely
ho hum, MSFT just hit a new high today. an analyst just raised the price target to 250, citing MSFT teams ( a group chat / meeting SW bundled thru the Office Suite) will give Zoom a run for the money, which kinda explains ZM's decline today
