BIGGEST NYSE MOVERS OF JULY!
We're coming to the end of July, which has been a great trading month for a lot of traders and what I wanted to do is dive into some of the biggest positive movers we saw across the NYSE. Looking into the stocks that are hot during an uncertain time can give you a really key indication on the sectors which consumer confidence is high in and therefor potentially highlight some opportunity.
I'm going to dive into five of the biggest movers pulled from the trading view stock Screener to really have a look at. We will looking into what sector they are in, what is it they actually do and what the value and technical rating from both from Morningstar and from Trading view.
VERTICAL AEROSPACE LTD.
EVTL
Monthly change - 155.24%
Sector - Electronic Technology
Morningstar Rating - ☆☆☆ (56% discount from fair value)
TradingView technical rating - Buy
Company profile: Vertical Aerospace Ltd is engaged in making air travel personal, on-demand, and carbon-free. The VX4, Vertical's flagship aircraft, is a piloted electric vertical take-off and landing (eVTOL) vehicle capable of carrying four passengers.
VELO3D, INC. VVLD
Monthly change - 91.30%
Sector - Producer Manufacturing
Morningstar Rating - ☆☆☆ (66% discount from fair value)
TradingView technical rating - Neutral
Company profile: Velo3D Inc provides an end-to-end metal additive manufacturing solution that helps create the future by printing never before possible parts. The Velo3D intelligent metal additive manufacturing solution is comprised of the Velo3D Flow intelligent print preparation software, the Sapphire production system, and Velo3D Assure, real-time quality assurance software. Its complete manufacturing solution enables clients to build the parts they need, speed their development, and reduce their product costs.
OAK STREET HEALTH, INC. OOSH
Monthly change - 70.74%
Sector - Health Services
Morningstar Rating - ☆☆☆ (34% discount from fair value)
TradingView technical rating - Buy
Company profile: Oak Street Health Inc is a fast-growing network of value-based, primary care centers for adults on Medicare. The company operates a healthcare model focused on the quality of care over the volume of services and assumes the full financial risk of its patients.
INNOVID CORP.
CTV
Monthly change - 60.84%
Sector - Technology Services
Morningstar Rating - ☆☆☆☆ (68% discount from fair value)
TradingView technical rating - Neutral
Company profile: Innovid Corp powers connected TV (CTV) advertising streaming, personalization, and measurement for various brands. Through a global infrastructure that enables data-driven personalization, real-time decisioning, scaled ad serving, and accredited measurement, Innovid offers its clients and partners streamlined solutions that optimize the value of investments across screens and devices.
RESOLUTE FOREST PRODUCTS INC.
RFP
Monthly change - 57.52%
Sector - Process Industries
Morningstar Rating - ☆☆☆ (23% discount from fair value)
TradingView technical rating - Buy
Company profile: Resolute Forest Products Inc is engaged in the forest products industry with a range of products, including market pulp, tissue, wood products, newsprint, and specialty papers. The product range includes market pulp, tissue, wood products, newsprint and specialty papers which are marketed to nearly 50 countries. The company owns or operates pulp, paper, tissue and wood products facilities in the United States and Canada.
As a whole, we have a bit of a range of different sectors achieving this top five movers in the NYSE over the past month. Most of these big movers have seen huge down moves recently, which could be seen as great opportunities as a discounted stock from their value. Considering over the past few months, we have seen huge sell offs in stock markets around the world as people get uncertain with the future of the economy and how well it's actually going to be run. What we can see is a huge short market all in the electronic technology or the technology services sector. Especially in those finite tech companies which haven't quite reached profitability yet and were massively bought on speculation on how well they were actually going to perform in the future.
The longer this uncertain worry goes on, the more investors are going to be willing to get back into the market and start going back risk on. These stocks which have been shorted heavily based on speculation and fear are going to be great opportunities to get involved. I myself, building a portfolio, am now starting to look into the tech sector as I believe there is a great deal of value involved.
I hope you like this quick little outlook on the biggest 5 movers in the New York Stock Exchange over the past month. As always have a fantastic trading week and I wish you all the very best.
-Jordon
I'm going to dive into five of the biggest movers pulled from the trading view stock Screener to really have a look at. We will looking into what sector they are in, what is it they actually do and what the value and technical rating from both from Morningstar and from Trading view.
VERTICAL AEROSPACE LTD.
EVTL Monthly change - 155.24%
Sector - Electronic Technology
Morningstar Rating - ☆☆☆ (56% discount from fair value)
TradingView technical rating - Buy
Company profile: Vertical Aerospace Ltd is engaged in making air travel personal, on-demand, and carbon-free. The VX4, Vertical's flagship aircraft, is a piloted electric vertical take-off and landing (eVTOL) vehicle capable of carrying four passengers.
VELO3D, INC. VVLD
Monthly change - 91.30%
Sector - Producer Manufacturing
Morningstar Rating - ☆☆☆ (66% discount from fair value)
TradingView technical rating - Neutral
Company profile: Velo3D Inc provides an end-to-end metal additive manufacturing solution that helps create the future by printing never before possible parts. The Velo3D intelligent metal additive manufacturing solution is comprised of the Velo3D Flow intelligent print preparation software, the Sapphire production system, and Velo3D Assure, real-time quality assurance software. Its complete manufacturing solution enables clients to build the parts they need, speed their development, and reduce their product costs.
OAK STREET HEALTH, INC. OOSH
Monthly change - 70.74%
Sector - Health Services
Morningstar Rating - ☆☆☆ (34% discount from fair value)
TradingView technical rating - Buy
Company profile: Oak Street Health Inc is a fast-growing network of value-based, primary care centers for adults on Medicare. The company operates a healthcare model focused on the quality of care over the volume of services and assumes the full financial risk of its patients.
INNOVID CORP.
CTV Monthly change - 60.84%
Sector - Technology Services
Morningstar Rating - ☆☆☆☆ (68% discount from fair value)
TradingView technical rating - Neutral
Company profile: Innovid Corp powers connected TV (CTV) advertising streaming, personalization, and measurement for various brands. Through a global infrastructure that enables data-driven personalization, real-time decisioning, scaled ad serving, and accredited measurement, Innovid offers its clients and partners streamlined solutions that optimize the value of investments across screens and devices.
RESOLUTE FOREST PRODUCTS INC.
RFP Monthly change - 57.52%
Sector - Process Industries
Morningstar Rating - ☆☆☆ (23% discount from fair value)
TradingView technical rating - Buy
Company profile: Resolute Forest Products Inc is engaged in the forest products industry with a range of products, including market pulp, tissue, wood products, newsprint, and specialty papers. The product range includes market pulp, tissue, wood products, newsprint and specialty papers which are marketed to nearly 50 countries. The company owns or operates pulp, paper, tissue and wood products facilities in the United States and Canada.
As a whole, we have a bit of a range of different sectors achieving this top five movers in the NYSE over the past month. Most of these big movers have seen huge down moves recently, which could be seen as great opportunities as a discounted stock from their value. Considering over the past few months, we have seen huge sell offs in stock markets around the world as people get uncertain with the future of the economy and how well it's actually going to be run. What we can see is a huge short market all in the electronic technology or the technology services sector. Especially in those finite tech companies which haven't quite reached profitability yet and were massively bought on speculation on how well they were actually going to perform in the future.
The longer this uncertain worry goes on, the more investors are going to be willing to get back into the market and start going back risk on. These stocks which have been shorted heavily based on speculation and fear are going to be great opportunities to get involved. I myself, building a portfolio, am now starting to look into the tech sector as I believe there is a great deal of value involved.
I hope you like this quick little outlook on the biggest 5 movers in the New York Stock Exchange over the past month. As always have a fantastic trading week and I wish you all the very best.
-Jordon
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