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All Posts Term: Market News
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Bed Bath & Beyond shows Progress Amidst a Pandemic

Bed Bath & Beyond shows Progress Amidst a Pandemic

BedBathAndBeyond

If what’s being sold is an indication of what’s important in the market today, then Bed Bath & Beyond can help us with recent trend development. In the past two weeks sales of bread making machines, vacuum cleaners, and coffee grounds are what the new trends are about. At Bed Bath & Beyond, bread machines are up 400%, vacuums are up 100% and enough coffee grounds in pods and beans have been sold to make 10 million cups of coffee. Guess that means that while the fresh bread is baking in the oven, folks are sipping on their coffee and vacuuming their carpet. Sales have not been bad when you consider other companies are struggling to have anything in sales at all since their shops are closed.

Bed Bath & Beyond Tough Decisions

Bed Bath & Beyond did have to do some major juggling to keep afloat when the shutdown that impacted the nation first happened following the Wuhan coronavirus (COVID 19) pandemic. Among the crucial decisions they needed to make was the move to furlough some of its employees and close some of their stores when the pandemic first started. Bed Bath and Beyond said at first that the furlough would need to last until May 2.

However, as of late April, Bed Bath & Beyond has already had to call back hundreds of their employees to staff 25% of the stores that were converted to fulfillment stores to meet the order demands from online customers purchases. Many of the stores also have pick up locations for easy contactless curbside pick-up service.

The furlough, for those still remaining on it, has been extended until May 16. Bed Bath & Beyond is paying 100% of healthcare premiums for employees enrolled in such programs until further notice. There is also a temporary continuance of pay cuts of 30% to executives.

Sales Rise on Price Slashing

Decisions at the corporate level to allow for some price slashing is keeping customers coming in droves (up to 85% increase in online sales). Many items available on the Bed Bath & Beyond website are 50 to 75% off and when you log on you are offered a 20% coupon for signing in.

New Players, Plans and Growth

The team at the top is relatively new, but experienced. Mark J. Tritton, Chief Executive Officer of Bed Bath & Beyond was previously with Target, Nordstrom and Nike. Stock market prices rose 11% after he was brought on board in October of 2019. He is handpicking his team and is looking for new leaders that will bring fresh perspectives and that are new innovators for change.

John Hartmann is the new Chief Operating Officer of Bed Bath & Beyond. He was previously with True Value and has also been with Home Depot, Cardinal Health, and the FBI.

They are making tough decisions to keep the company in a favorable and fluid position to outlast the coronavirus situation. Stocks rose 32% as of mid-April. Comparisons to any time before that is like comparing watermelons to cherries. We are in unprecedented times and any progress is worthy of note.

Bed Bath & Beyond’s decision to proceed with the online sales market has proven to be successful, as has the decision to convert some of their stores to fulfillment centers. The decision to turn stores into fulfillment stores doubles the retailers digital order capacity, making it more competitive in the online market.

Cramer previews earnings reports for the trading week of April 27

Roku Stock Valuation and Investment

Roku Stock Valuation and Investment

RokuStock

When Roku's streaming services first came out, twelve years ago, they were very few competitors in the streaming industry. Nowadays, thanks to diverse advancements in technology and the internet, the whole industry has grown forcing Roku to up its game to stay on top of competition. Today, the streaming devices offers TV watching without a cable connection. In this article, the valuation of Roku and it's annual growth will be discussed. Furthermore, we will update you on the streaming device's current situation with the COVID-19 outbreak.

Roku Valuation and annual growth

In the beginning of 2020, Roku Inc, was valued at just under 15 billion dollars. Over the years, Roku has had a steady annual growth with just a few downfalls. From 2016 to 2018, the company has seen increases in earnings by 86% from 400 million dollars to 743 million dollars. From 2018 to 2020, Roku's earnings have more than doubled with an 111% increase in revenue. As shown, Roku's financial situation has only been improving and it's projected revenue is even higher than now, Since Roku is in a blooming industry, we can safely state that they are going nowhere in the next years. The internet and television market has been growing excessively and Anthony Wood's company is blooming day by day.

Current situation

Since the start of the coronavirus outbreak, Roku has seen a sharp spike in the number of users because the population are isolating in their homes. There have been three million new viewers added to the streaming service's database in the first months of 2020. In a public announcement disclosed by Roku, they affirmed that they started to see the effects of the population isolating. For the company, this has resulted in a drastic amount of new accounts and the streaming hours have more than tripled. Following their announcement, their stock increased by almost 5% and they are obviously adapting to the current situation. Even if their situation does seem fortunate, in reality it isn't because of the stock market. The stock market's unpredictability has affected Roku's stock. Now, Roku's stock has been aggressive, meaning that it has climbed and fell drastically for the past few weeks. Even if we can't really say what it will look like, we can observe the small increase it has had in the last month. If we have to predict what Roku will look like in the next quarter, we would say that their would be a decrease in value of Roku's stock.

Roku Stock Analysis - 2020 Price Forecast

How Automotive Companies are Helping to Fight COVID-19

How Automotive Companies are Helping to Fight COVID-19

GMFordTeslaVentilators

With the virus pandemic of the coronavirus significantly impacting the country, a considerable strain is being placed on the United States healthcare system. Hospitals are starting to realize that they were severely under-prepared for a massive virus outbreak like the coronavirus. To help stop the growing shortage of medical supplies, major brands of all industries are mass producing these products in their facilities.

One of the most heavily impacted cities is New York City. As the number of confirmed cases of the coronavirus have risen, a growing number of hospitals can not keep up with the demand for the ventilator systems. Without ventilators, a respiratory virus like the coronavirus could lead to extreme trouble breathing or even death. On March 22nd, New York City Mayor Bill de Blasio stated: "if we don't get more ventilators in the next 10-days, people will die who don't have to die."

GM, Ford, and Tesla Made Ventilators

To meet the demand of the needed ventilators, large automotive manufacturers are stepping up to the plate to increase production speeds. To help lessen the shortage of ventilator systems, major automotive manufacturers GM, Ford, and Tesla are partnering with medical device manufacturers to mass-produce ventilators to help supply the hospitals in need. More urgently, New York City is getting the bulk of these produced ventilators by the automotive manufacturers. Currently, New York City has around 6,000 ventilators on hand; New York City is projected to need nearly 30,000 to meet the demand of the pandemic.

Tesla

Tesla founder Elon Musk has become proactive in the fight against the coronavirus by recently supplying Los Angeles with 1,200+ ventilators to use for their struggling hospitals with a ventilator shortage. Elon Musk is also converting his Tesla Gigafactory in New York City into a ventilator production facility after pairing up with a medical device manufacturer to increase production speeds. Elon Musk has stated that the factory will start production "as fast as humanly possible." With the coronavirus quickly growing in confirmed cases, this is an urgent need for the impacted communities across the United States.

Trump Encourages Tesla, GM & Ford To Make Ventilators

Virgin Galactic Stock – Profit or Peril?

Virgin Galactic Stock – Profit or Peril?

VirginGalacticStock

Jeff Bezos, Elon Musk, Sir Richard Branson, can you imagine being a fly on a wall at a boardroom discussion between these three titans of industry? What would you overhear as they whizzed between topics like a pinball in a pinball machine? Certainly, it would feature an animated dialogue about their shared desire to commercialize space travel.

At present, Richard Branson’s Virgin Galactic is the only one of the big three companies participating in the commercial space race to be publicly traded, and therefore available for Joe and Jane Public to purchase via their Virgin Galactic Stock (SPCE). However, just because you can buy a slice of the company doesn’t mean you’ll be able to afford a seat on the bus. According to Virgin Galactic’s corporate website (virgingalatic.com) the sticker price for this gravity defying experience is $250K, although there are no tickets for sale at the moment.

Virgin Galactic Stock performance

SPCE deputed on the New York Stock Exchange (NYSE) on October 28th, 2019, and much like the soaring and sometimes crashing history of its tech, the stock has experienced substantial volatility since then. While it’s up more than 200% for the last three-month period (as of mid-February 2020), it was trading as low as $6.90 per share on November 25th, 2019.

Why the highs and lows? 

The factors underpinning the stock’s volatility range from technological setbacks to personnel additions (such as filling a newly created COO position in January 2020 with seasoned professional Enrico Palermo) to third-party institutional investment and the relative newness of the stock itself. While the company is not actively conducting space flights and collecting revenue today, it did recently sell a significant chunk of shares to Park West Asset Management, a California-based hedge fund, perhaps a sign of things to come.

The future of SPCE

Virgin Galactic and its leadership team have lofty goals philosophically, not just literally. Their published mission includes “using space for good” and “democratizing space.” Can they do it? And will they be able to turn a profit along the way? There are simply too many variables to predict. From technology refinement to regulation to good old-fashioned supply and demand, there are a number of hurdles that will have to be clarified and cleared before stakeholders can reasonably consider money poured into the stock anything more than speculative.

Why Virgin Galactic's stock is soaring

StocksToTrade: A Modern Integrated Trading Suite

StocksToTrade: A Modern Integrated Trading Suite

StockstoTrade

StocksToTrade is an online investment suite designed for serious stock traders. It is a modern data integration program that combines real-time data, online brokers, AI-powered screeners, and educational tools into a powerful and robust program designed to streamline and maximize potential profits. Founded in 2009, StocksToTrade boasts that it was made for day traders by day traders. Their algorithms and customizable watch-lists will make sure that anyone can make the perfect trade when the market is just right. In addition to that, Tim Bohen, a successful day trainer, now curates personalized educational material for the site and is ready to guide traders of all backgrounds to a more successful future in trading. On the surface, it seems that StocksToTrade really is giving the user everything they could want.

StocksToTrade Features

Some of the best features include seamless broker integration. On other stock tracking sites, traders have to take the information and then go to their broker and apply the information to make trades. This adds extra steps in a business where seconds can mean anything. With StockToTrades integration you can buy and sell straight from your data stream and make trades on the fly and in real-time. Another amazing feature is the amount of real-time information provided. Not only does StocksToTrade provide instant data on stock price and market movement they also link to social media feeds, press releases and other relevant information as it happens so it is impossible to miss a beat while trading. If you are reading it in the news, usually it is too late to capitalize on any potential movement. This provides a potent combination of tools that allows traders to buy and sell based on hot information as close to instantaneously as possible.

StocksToTrade Pricing

While there is a lot packed into StocksToTrade these great features also come with a hefty price tag. StocksToTrade's basic plan runs $179.95/month with a yearly plan available for $1899.50. This price might scare some people away but this suite is tailored for serious traders and not for the casual trader. If someone is simply dabbling in day trading then this product really is not meant for them. Then there is a StocksToTrade PRO membership that does not have a price listed but invites you to apply to discover the next steps. This is the personalized training offered by Tim Bohen and you can expect that to come in even higher than the basic price. If you are feeling hesitant StocksToTrade also offers a cheap trial period where you can get access to the program for two weeks for a mere $7. For that price you can easily jump in, play around with and make a more educated decision before shelling out any real cash.

StocksToTrade Requirements

Another potential downside is the software requirements. While they are not super high for a newer computer you will need to have a pretty good setup to handle that much data. High-speed internet is required and they recommend that you have 8GB of RAM and an i9 processor. A lot of trading is done on people's mobile devices nowadays but this is definitely designed to be used on a desktop or powerful laptop further reinforcing their focus on the serious day trader.

What Is StocksToTrade And StocksToTrade PRO?

Why Do Millionaires Consider Tesla Inc. the Best Investment in 2020?

Why Do Millionaires Consider Tesla Inc. the Best Investment in 2020?

image

During the tropical seasons of August 2018, Elon Musk on an interview, which went so viral and contravention, predicted that the Tesla company stock would hit the magic number of 420 US dollars by taking Tesla private. The price was a 20% premium during that time.

Tesla Troubles

Shortly after the podcast, Elon Musk seemed to take a hit on a marijuana cigarette, leading to the judgment of Elon Musk’s behavior among investors and board members. This issue even reached the SEC (Security and Exchange Commissions), forcing him to step down from the chairman position for more than 3 years.

Fortunately, Elon Musk has secured a legal achievement during the month of December.

Tesla faced plenty of challenges like distribution challenges, a sales slump and quarterly losses. All of this led to heavy losses in Tesla shares, as low as 117 dollars a share in June.

In recent months, there was a great shift in the wind for the Tesla team and Elon Musk. The rise in sales boosted Tesla to a great gain in the third quarter, they introduced the fourth car, and even completed the construction of a new factory in China, the world’s largest potential market for electric cars.

After two months of complete exertion, Tesla is instantly over the share price offered in the last year.

Recent Reverse Mergers From NYSE to Turner Advertising Company

Recent Reverse Mergers From NYSE to Turner Advertising Company

NYSEgroup

When American companies decide to go public, they have to go through an Initial Public Offering (or IPO). This is a lengthy and expensive process that takes months, perhaps longer than a year. Audits, investigations, legal fees and many other factors play into an IPO and not everyone is willing to undergo this. That’s when reverse mergers come into play: A reverse merger is a process where a private company acquires a publicly-traded company to bypass issuing an IPO and becoming a public company faster. There are a lot of companies that have used this method, both successful and not.

NYSE

The most well-known case of a reverse merger happened on December 6, 2015. The New York Stock Exchange (or NYSE), a business with over 200 years’ worth of history, decided to merge with Archipelago Holdings, an electronic trading company. The sole objective of this merger was for the NYSE to become a public traded company. Four months later, on March 2016, NYSE became the NYSE group and Archipelago Exchange turned into its subsidiary under the name NYSE Arca.

This reverse merger proved so successful than less than a year later the NYSE group completed another merger, this time with Euronext. The result was NYSE Euronext, a transatlantic stock exchange, the first of its kind.

Timothy Sykes Children and Tim Grittani Blog Video

Timothy Sykes Children and Tim Grittani Blog Video

TimGrittani

Starting from the Bottom Tim Grittani Interview

The Tim Sykes interview started by looking at the past six months of the year. It was a great start for 2019 for Tim Grittani who took time off for a new family member. He took off April and some of May from his daily trading and still made $1 million. He back to full time back in June. Coming back was a little difficult as he forced some trades at times but it did not lead to any large losses in June. He called the June loses “Paper Cuts”, $40,000.

He was able to finish off June in the green (profitable). He updated the site Profit.ly at $8.4 Million overall gains. His best period was a $160,000 week in July. Now his total lifetime overall profit is at $8.5 to $8.6 million.

Grittani discussed dealing with emotion as a life long battle regardless of the amount of time or money earned. It has become easier because the huge losses no longer happen, he added. After his last big loss he sized down and had to earn the right from himself to size up again. Sykes loved this process. He also utilizes a mistakes journal. He would log anytime he got stubborn or played too large or broke some key rule. He would look at the totals for the month in the journal.

Sykes likes to also log his successes so he can find mistakes there also. Like getting out too early or being too aggressive. He likes to look at the progress and the long term outcome. Grittani turns off his profit and loss column while he trades which is something Sykes is unable to do. He focuses on the long-term plan and not the daily results. He thinks in weeks or months. And is able to notice mistakes easier.

After a bunch of wins or losses, he doesn't think about the number of days/trades in a row he is green. ”Don't worry about getting back to break-even on a trade.” Grittani said. "It's a marathon and not a sprint." Sykes added, They both agreed to trust the process, think longer term. In summary, to make life changing money its going to take 2 years. You have to wait for trades to come to you.

Is a Motley Fool Subscription Advisable

MotleyFool

Motley Fool Subscription Review

The site The Motley Fool is regarded as a legitimate website for financial information and research reports. Their in-depth content will not leave you being defrauded after you purchase a Stock Advisor subscription from them. Some have complained that you are routinely asked to upgrade their current level of subscription, and that can be annoying. But for those that consider their stock and mutual fund portfolios as a second source of income, the better subscriptions are worthwhile.

Stock Advisor Motley Fool

If you are looking for stock and investment advice on new stock purchases their content can be very good. And when a stock that they have recommended in the past drops to a certain level, you can setup to receive alerts. The Stock Advisor forum is really good also if you want to interact with other investors. Their money back guarantee is great if you just want to try out one of their programs for a time. Current prices are $99 a year with a 30 day refund policy. Not too bad. The Stock Advisor programs boast a 346% return since 2002. This is far better than the 87% return of the S&P 500.

You would get two new stock recommendations every month. Ten timey buys. Foundation stock picks to get started. And lots of education materials plus the forum community.

Is Uber a Good Stock to Own

Is Uber a Good Stock to Own

UberEats

Uber On Stock Market

Many are suggesting to buy Uber as it is a leader in the coming offline era. Internet businesses are increasingly shifting to offline strategies over online services, and Uber has capitalized on that early in the cycle. This creates a better long term strategy and plus a reason to own the stock.

Uber stock took off today after receiving positive calls from a number of analysts. Uber’s stock was down about 5% since its market debut (IPO) at the New York Stock exchange (NYSE) in May. According to the Bloomberg service, Uber just received 0 sell ratings, 21 buy ratings, and 5 holds. The average 12 month price target from those analyst was $53.70. Some at Lead Edge Capital think Uber stock is dramatically undervalued.

The company has 93 million monthly active customers of its app for both food delivery and transportation needs, the ride-hailing company over the next five years can attain 25% revenue growth, according to Raymond James.

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