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ADVENZYMES: Catching the Wave of OpportunityADVENZYMES (Advanced Enzyme Tech Ltd.) Key Levels: Demand Zone: ₹333.85 - ₹384.90 Stop Loss: Below ₹333.85 (on daily closing basis) Target Zone: ₹523 - ₹543 (Golden Retracement Zone of the correction swing) Structure & Trend: The stock is currently in an ABC correction wave with Wave C extended. A strong demand zone is visible near ₹333.85 - ₹384.90. Buyers are likely to step in at this zone, creating a potential reversal opportunity. Trade Plan: Entry: Around ₹366 - ₹385 within the demand zone. Targets: First target: ₹450 (midway to retracement) Final target: ₹523 - ₹543 Stop Loss: ₹333.85 on a daily close basis. Note: Sellers might use the ₹523-₹543 zone for profit booking. General Guidelines: Risk Management: Adhere to strict stop losses as per the plan. Confirmation: Look for price action signals (bullish candles, volume spikes) near entry zones. Patience: Allow the trades to develop towards targets gradually. Educational Purpose only
NSE:ADVENZYMESLong
by LiveTradingBox
The Browser Underdog: Opera's Surprising Surge◉ Abstract Opera Limited (OPRA) presents a compelling investment opportunity, boasting an attractive valuation with a P/E ratio of 10.1x, significantly lower than the peer average of 66.5x. The company demonstrated strong financial performance in FY23, with 20% revenue growth reaching $396.8 million, accompanied by impressive cash flow growth of $82.8 million. Opera's debt-free status adds to its financial health. However, challenges persist, including its limited 2.4% market share in the competitive browser market, heavy dependence on browser revenue, and regulatory and technical risks. Despite these challenges, Opera's strengths and resilience, coupled with the industry's growth prospects, make it an attractive investment choice. Read full analysis here......... ◉ Introduction The internet browsing market is highly competitive, with approximately 5.3 billion monthly active users as of 2024. Google Chrome dominates the market with a 65.18% share, followed by Safari at 18.55%, Microsoft Edge at 5.26%, and Mozilla Firefox at 2.74%. The market is expected to continue growing, driven by increasing internet penetration, the proliferation of smart devices, and the demand for enhanced web experiences. Additionally, the shift towards mobile browsing, with mobile devices accounting for a significant portion of internet traffic, will further fuel this growth, leading to projected expansion and innovation in the industry. ◉ Key Growth Drivers 1. Increased Internet Penetration: Global internet user numbers are steadily rising, particularly in developing regions where access to technology is improving. 2. Mobile Device Usage: The shift towards mobile browsing is significant, with browsers like Chrome and Safari leading in mobile usage due to their integration with popular operating systems (Android and iOS) respectively. 3.Technological Advancements: Continuous improvements in browser technology, including speed enhancements, security features, and user-friendly interfaces, attract more users. 4. Focus on Privacy and Security: Growing concerns about online privacy have led to increased demand for browsers that prioritize user data protection. This trend benefits browsers like Firefox and Opera, which emphasize privacy features. 5. Integration with Ecosystems: Browsers that integrate well within their respective ecosystems (e.g., Safari with Apple devices) tend to retain users more effectively due to seamless functionality across devices. ◉ Major Players Today, our discussion will center on Opera, a niche browser vendor navigating the global internet browsing market dominated by Google Chrome and Safari. This report presents an in-depth examination of Opera's technical and fundamental metrics. ◉ Company Overview Opera Limited NASDAQ:OPRA is a Norway-based tech innovator, established in 1995. Listed on NASDAQ (OPRA), Opera boasts a global team of 500+ employees. Its diverse portfolio includes Opera Browser, Opera Mini, Opera GX, and Opera News. The company operates through four segments: Browser and Search, Advertising, AI-driven Content Discovery, and Fintech (Opera Pay). Opera's growth strategy focuses on emerging markets, AI enhancements, advertising expansion, and fintech development. ◉ Investment Advice 💡 Buy Opera Limited NASDAQ:OPRA ● Buy Range - 16.8 - 17.8 ● Sell Target - 23.5 - 24.5 ● Potential Return - 33% - 38% ● Approx Holding Period - 12-15 months ◉ Revenue Breakdown (FY23) ● Total Revenue: For the full year 2023, Opera reported total revenue of $396.83 million, up from $331.04 million in 2022, marking a 20% year-over-year growth. ● Advertising Revenue: Advertising revenue constituted approximately 59% of total revenue, amounting to around $234 million. This segment grew by 24% year-over-year, driven by the success of the Opera Ads platform and browser monetization strategies. ● Search Revenue: Search revenue accounted for about 15% of total revenue, totaling approximately $60 million, with a growth rate of 15% year-over-year. This growth is attributed to targeting users with higher monetization potential, particularly in Western markets. ● Technology Licensing and Other Revenue: This segment represents a smaller portion of the overall revenue, contributing roughly $0.1 million, reflecting the company’s ongoing efforts to monetize its technology beyond its core browser offerings . ◉ Strengths & Weaknesses The company has experienced significant growth and innovation in recent years. However, it also faces various challenges. Here’s a detailed analysis of its strengths and weaknesses: ● Strengths: 1. Innovative Features: ➖ Opera GX Gaming Browser: Tailored for gamers with CPU and RAM limiters, plus integrations with Twitch and Discord. ➖ Built-in Ad Blocker: Improves browsing speed by blocking ads and tracking cookies. ➖ Free VPN: Enhances privacy by encrypting traffic and hiding IP addresses, allowing access to region-restricted content. 2. Diverse Revenue Streams: Revenue comes from multiple sources, including advertising (about 59%) and search (around 15%), providing financial stability. 3. Financial Growth: Consistent revenue growth, reaching $397 million in 2023, with positive projections for 2024. 4. Strategic Partnerships: Collaborations with major tech companies enhance service offerings and market reach. ● Weaknesses: 1. Limited Market Share: Holds only about 2.4% of the global web browser market, significantly trailing competitors like Google Chrome. 2. Heavy Dependence on Browsers: About 82% of revenue comes from web browsers, making the company vulnerable to shifts in user preferences and market trends. 3. Regulatory Vulnerability: Risks associated with changes in affiliate marketing regulations and data protection laws could impact revenue. 4. Technical Challenges: Users report stability issues and bugs that affect overall experience. ◉ Technical Aspects ● Weekly Chart ➖ In July 2023, the stock peaked at around the 27 level but then encountered considerable selling pressure, leading to a drop towards the 10 level. ➖ Following an extensive period of consolidation, the price has recently achieved a breakthrough and is trending upwards. ● Daily Chart ➖ The daily chart reveals the formation of an Inverted Head & Shoulders pattern. ➖ After a recent breakout, the stock price is currently consolidating just above the breakout level, with expectations of future increases. ◉ Technical Indicators 1. RSI (Daily Chart) ➖ Current RSI of this stock is 66.42, which indicates the strength of buyers. 2. ADX & DI (Daily Chart) ➖ Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured. 3. MFI (Daily Chart) ➖ The current MFI is 59.04, suggesting that the stock is not in an overbought state. 4. EMA’s (Daily Chart) ➖ The stock price is currently positioned above all key EMAs, indicating robust momentum. ◉ Relative Strength ➖ The chart highlights Opera's impressive outperformance of the Nasdaq Composite index, driven by a substantial 50% annual return. ◉ Revenue and Profit Analysis ● Year-over-Year ➖ Opera Limited reported strong financial performance in fiscal year 2023, with revenue reaching $396.8 million, representing a 20% increase from $331 million in fiscal year 2022. ➖ The company's EBITDA also saw significant growth, rising 35% to $69.2 million from $51.2 million in the prior year, while the EBITDA margin expanded to 17.4% from 15.5%. ● Quarter-over-Quarter ➖ Opera Limited's quarterly performance ending September 2024 was equally impressive, with revenue climbing 12% to $123.2 million from $109.7 million in the preceding quarter and 21% from $102 million in the same quarter last year. ➖ Additionally, EBITDA increased 5% to $27.3 million, and diluted earnings per share (LTM) edged up to $1.78 from $1.75 in the previous quarter. ◉ Valuation 1. P/E Ratio ● Current P/E vs. Peer Average P/E ➖ Analyzing the P/E ratio reveals that OPRA stands at 10.1x, highlighting a substantial undervaluation when compared to the peer average of 66.5x. ● Current P/E vs. Industry Average P/E ➖ Within the US software sector, OPRA's P/E ratio of 10.1x is markedly lower than the industry average of 41.9x, signaling that it is relatively inexpensive. 2. P/B Ratio ● Current P/B vs. Peer Average P/B ➖ Examining the P/B ratio, OPRA's current figure of 1.8x falls short of the peer average of 5.5x, indicating a relative undervaluation. ● Current P/B vs. Industry Average P/B ➖ When juxtaposed with the industry average, OPRA's P/B ratio of 1.8x points to a notable undervaluation, as the industry average stands at 3.7x.3.7x. 3. PEG Ratio ➖ A PEG ratio of 0.07 implies that the stock is undervalued in relation to its anticipated earnings growth. ◉ Cash Flow Analysis ➖ In the fiscal year 2023, operational cash flow saw impressive growth, soaring to $82.8 million, a significant rise from the $56.7 million recorded in fiscal year 2022. ◉ Debt Analysis ➖ The company proudly maintains a completely debt-free status, showcasing its strong financial health. ◉ Top Shareholders ➖ Arrowstreet Capital's stake in the company stands at 1.23%, indicating a 4.9% reduction in holdings from the prior quarter. ◉ Analyst Price Target ➖ The 12-month consensus price target for Opera stands at $24.20, implying a substantial potential appreciation of 32% from current levels, presenting an attractive investment opportunity. ◉ Conclusion Opera's attractive valuation and impressive financial performance make it a compelling investment opportunity. However, the company's financial outlook is not without challenges. Market uncertainty and unforeseen events pose risks, while its e-commerce monetization efforts remain vulnerable to market volatility and competition. Additionally, Opera operates in a highly competitive browser market, where intense rivalry could impact user engagement, retention, and revenue. Despite these challenges, the industry's significant growth prospects support a positive outlook, driven by Opera's strengths and resilience, making it an attractive investment choice.
NASDAQ:OPRALong
by NaranjCapital
5
Vita Coco: Hydrating Investors with Impressive Growth Prospects◉ Abstract The US coconut water market, projected to grow at 18.10% CAGR to $5.12 billion by 2029 from $1.89 billion in 2023, presents significant opportunities. Vita Coco, the market leader, demonstrates resilience amidst supply chain challenges. Notably, industry giants Coca-Cola and PepsiCo, which previously ventured into this space with ZICO and O.N.E., respectively, have since divested their interests, validating Vita Coco's competitive advantage. With a debt-free balance sheet, 15% revenue growth in FY2023, and expanding EBITDA margins, its fundamentals remain strong. This robust growth trajectory, combined with a solid financial foundation, positions the company as an attractive investment opportunity, offering potential for long-term value creation and substantial returns. Investors seeking exposure to the burgeoning natural and organic beverages market may find this growth story compelling. Read full analysis here……….. ◉ Introduction The coconut water beverage market in the United States is experiencing significant growth, driven by increasing health consciousness among consumers and a rising demand for natural and organic beverages. Here are the key insights into the current state and future projections of this market. ◉ Current Market Size and Growth Rate The U.S. coconut water market was valued at USD 1.89 billion in 2023 and is projected to reach USD 5.12 billion by 2029, growing at a CAGR of 18.10% during this period. ◉ Key Growth Drivers ● Health Consciousness: Increasing consumer preference for natural, low-calorie beverages that offer hydration and essential electrolytes. ● Rising Demand for Functional Beverages: Coconut water is popular among athletes and health enthusiasts for its functional benefits, such as electrolyte replenishment. ● Growth of Organic Products: Rising demand for organic coconut water as consumers seek clean-label products free from additives. ● Innovative Product Offerings: Introduction of flavoured coconut water and convenient packaging options, such as cans, enhances appeal and accessibility. ● Increased Availability and Distribution: Wider retail presence in supermarkets, health food stores, and online platforms boosts market accessibility. ● Cultural Acceptance: Traditional significance of coconut water in regions where coconuts are common supports its global popularity. ● Sustainability Trends: Eco-friendly packaging and sustainable sourcing practices attract environmentally conscious consumers. ◉ Major Players in the US Coconut Water Industry 1. Vita Coco ● Market Position: Vita Coco is one of the leading brands in the coconut water segment, known for its wide range of flavours and strong brand recognition. ● Product Offerings: Offers plain and flavoured coconut water in various sizes. ● Market Share: Holds a substantial portion of the market, often cited as the top player. 2. Coca-Cola Company (ZICO) ● Market Position: Previously owned ZICO, a well-known coconut water brand, which Coca-Cola acquired in 2012 but later discontinued in 2020. ● Current Status: While ZICO is no longer on the market, Coca-Cola remains a significant player through its other beverage offerings. 3. PepsiCo (O.N.E.) ● Market Position: PepsiCo's O.N.E. brand was a notable competitor in the coconut water space until its divestment in 2021. ● Current Status: PepsiCo has shifted focus away from this segment but retains influence through its broader beverage portfolio. 4. C2O Pure Coconut Water ● Market Position: C2O is recognized for its pure coconut water sourced from Thailand, emphasizing quality and natural ingredients. ● Market Share: It holds a significant share among niche brands. 5. Taste Nirvana ● Market Position: Specializes in high-quality coconut water sourced from Thailand, focusing on authentic taste and premium offerings. ● Product Range: Includes both plain and flavoured varieties. 6. Amy & Brian Naturals ● Market Position: Offers 100% natural coconut water with no additives, appealing to health-conscious consumers. ● Distribution: Available through various retail channels, including health food stores. 7. Other Notable Brands ● Additional brands such as Raw C, Bai, and Harmless Harvest also contribute to the market's competitive landscape, offering unique products that cater to different consumer preferences. In an industry poised for robust growth, we will conduct an in-depth examination of Vita Coco's technical and fundamental aspects. ◉ Company Overview The Vita Coco Company Inc. NASDAQ:COCO is a leading developer, marketer, and distributor of coconut water products and other beverages. Its portfolio includes Vita Coco coconut water, coconut oil, and coconut milk, as well as Runa plant-based energy drinks, Ever & Ever packaged water, and PWR LIFT protein-infused fitness drinks. The company also offers private label coconut water and oil solutions for retailers. With a global presence spanning the United States, Canada, Europe, Middle East, Africa, and Asia Pacific, Vita Coco's products are available through various channels, including club stores, food and drug retailers, convenience stores, e-commerce platforms, and foodservice providers. Founded in 2004 and headquartered in New York, New York, the company formerly operated as All Market Inc. before adopting its current name in September 2021. ◉ Investment Advice 💡 Buy The Vita Coco Company NASDAQ:COCO ● Buy Range - 30.3 - 31.3 ● Sell Target - 43 - 44 ● Potential Return - 37% - 40% ● Approx Holding Period - 12-14 months ◉ Market Capitalization - $2.01 B ◉ Technical Analysis ● Weekly Chart ➖ Since its debut in 2021, the stock has undergone a prolonged consolidation phase, during which it developed a Rounding Bottom pattern. ➖ Following the breakout, the stock price surged initially but quickly transitioned into another consolidation phase, forming a Symmetrical Triangle pattern. ➖ Recently, a strong breakout has set the stage for considerable upward momentum. ● Daily Chart ➖ On the daily chart, an Inverted Head & Shoulders pattern is clearly visible. ➖ After a recent breakout, the stock price is now aiming for new highs. ◉ Relative Strength The stock's performance over the past year has not matched up to the Nasdaq index, achieving a modest return of 22.5%, in contrast to the Nasdaq's impressive 40% return. ◉ Location Wise Revenue Breakdown Total Revenue in 2023: $494 million ● Americas Segment: ➖ Total Revenue from Americas: Approximately $424 million. ➖ Revenue from the United States: Around $401.97 million, reflecting substantial growth from $352.73 million in the previous year. ● International Segment: ➖ Total Revenue from International: Approximately $70 million, indicating a smaller contribution compared to the Americas. ◉ Revenue and Profit Analysis ● Year-over-Year ➖ For the fiscal year 2023, the company reported a revenue of $493.6 million, marking a 15% increase from the $427.8 million recorded in fiscal year 2022. ➖ The EBITDA for FY23 also saw a remarkable rise, reaching $57.5 million, a significant jump from just $12.3 million in FY22. ➖ Additionally, the EBITDA margin expanded to 11.6%, up from a mere 2.9% during the same timeframe. ● Quarter-over-Quarter ➖ In the most recent quarter ending in September, revenue fell to $133 million, down from $144 million in June 2024. This figure also represents a decline from $138 million in the same quarter last year. ➖ The EBITDA for this latest quarter was $20.8 million, a decrease from $30.2 million in June 2024. ➖ In September, the diluted EPS experienced a modest rise, increasing to $1 (LTM) from $0.94 (LTM) in June 2024. ◉ Valuation 1. P/E Ratio ● Current P/E vs. Peer Average P/E ➖ When examining the P/E ratio, COCO is at 33.9x, which suggests a considerable overvaluation compared to the peer average of 22.4x. ● Current P/E vs. Industry Average P/E ➖ In the context of the Global Beverage industry, COCO's P/E ratio of 33.7x is significantly higher than the industry average of 18.8x, indicating that it is relatively expensive. 2. P/B Ratio ● Current P/B vs. Peer Average P/B ➖ Looking at the P/B ratio, COCO's current value of 8x is lower than the average of its peers, which stands at 10.5x, suggesting a relative undervaluation. ● Current P/B vs. Industry Average P/B ➖ In comparison to the industry average, COCO's P/B ratio of 8x indicates a significant overvaluation, as the industry average is only 5.1x. 3. PEG Ratio ➖ A PEG ratio of 0.6 suggests that the stock is undervalued relative to its expected earnings growth. ◉ Cash Flow Analysis ➖ In fiscal year 2023, operational cash flow experienced remarkable growth, reaching $107 million, a substantial increase from only just $11 million in fiscal year 2022. ◉ Debt Analysis ➖ The company proudly maintains a completely debt-free status, showcasing its strong financial health. ◉ Earnings per Share (EPS) Growth Forecasts ➖ Experts forecast that the earnings per share (EPS) could increase from $1 to $1.09 by December 2025, and further rise to $1.3 by December 2026. ◉ Top Shareholders ➖ Blackrock has significantly increased its investment in this stock, now holding an impressive 5.55% stake, which marks a 7.4% rise since the end of the June quarter. ➖ On the other hand, The Vanguard Group has a stake of approximately 4.31% in the company, representing a 3% rise from the June quarter. ◉ Conclusion The coconut water market is booming due to health trends, functional beverage demand, innovation, and wider availability. Vita Coco, despite Q3 supply chain woes, is optimistic about the future and is investing in inventory and production capacity. Despite overvaluation, the company's growth potential is significant, driven by the rising demand for organic products.
NASDAQ:COCOLong
by NaranjCapital
NOC vs LMT: A Valuation War Between Top Defence Manufacturers!ABOUT COMPANIES Northrop Grumman NYSE:NOC excels in advanced aircraft systems, divided into four main areas: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. Aeronautics Systems designs and manufactures cutting-edge aircraft for the U.S. military and global clients. Defense Systems integrates battle management and weaponry, while Mission Systems delivers innovative solutions for defense and intelligence. Space Systems focuses on solutions for national security and commercial purposes. Established in 1939 by John K. Northrop and others, the company is headquartered in Falls Church, VA. Lockheed Martin NYSE:LMT stands as a top global security and aerospace company, dedicated to the research, design, and production of advanced technology systems. It operates in four primary segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment focuses on military aircraft, including combat and drones. MFC specializes in air and missile defense and precision strike systems. RMS develops military and commercial helicopters and cyber solutions, while the Space segment creates satellites and defense systems. Founded in 1912, the company is located in Bethesda, MD. MARKET CAPITALIZATION ● Northrop Grumman (NYSE: NOC) - $75.96 Billion ● Lockheed Martin (NYSE: LMT) - $135.53 Billion TECHNICAL ASPECTS ● Northrop Grumman ➖ The monthly chart shows that the stock price is currently on a distinct upward path. ➖ Previously, it faced resistance around the $360 level, caused a notable pullback. ➖ Subsequently, the price formed a Double Bottom pattern and broke out successfully. ➖ This breakout drove the price to an all-time high near the $556 level but the price started declining from there. ➖ Nevertheless, the stock price found strong support around the $420 level, allowed it to bounce back. ➖ Currently, the stock is approaching its previous all-time high, and if it can overcome that resistance, we can anticipate further price increases in the coming days. ● Lockheed Martin ➖ This stock is on a strong upward trajectory, consistently achieving higher highs and higher lows. ➖ Following a significant breakout around the $500 mark, the stock price surged and is now trading at $568.5, just shy of its all-time peak of $578.7. ➖ From a technical perspective, the price is hovering just below the upper boundary of a parallel channel, which may act as a resistance point. ➖ However, if the price can break through this range and maintain that momentum, we could see even greater upward movement ahead. Relative Strength ● The chart shows that the NYSE Composite TVC:NYA has provided a solid return on investment of about 18% in the last year. In comparison, Northrop Grumman and Lockheed Martin have done even better, with returns of around 20% and 27%, respectively. REVENUE BREAKDOWN ● Northrop Grumman The company derives its income from four main segments. ➖ The largest share comes from the space systems segment, contributing around 33%, which equates to $14.34 billion out of a total revenue of $43 billion. ➖ Next, the aeronautics systems segment adds nearly 27%, bringing in $11.61 billion of the overall revenue. ➖ The mission systems segment follows closely, accounting for about 26%, or $11.12 billion of the total. ➖ Finally, the defense systems segment generates nearly 14%, totaling $5.99 billion of the overall revenue. ● Lockheed Martin Similar to Northrop Grumman, this company also operates through four segments to drive its revenue. ➖ The aeronautics segment leads the way, contributing around 38.4%, which amounts to nearly $28.77 billion of the total revenue of $74.85 billion. ➖ The rotary and mission systems segment accounts for 26.4% of revenue, equating to $19.76 billion. ➖ Next, the space segment contributes 17.8%, which is $13.33 billion. ➖ Finally, the missile and fire control segment makes up 17.4%, totaling $12.99 billion of the overall revenue. REVENUE & PROFIT ANALYSIS ● Northrop Grumman Revenue ➖ For the FY23 the revenue has jumped by 7.3% to $39.3 B from $36.6 B in FY22. ➖ In the recent June quarter there is no significant surge in revenue as the recent quarterly revenue stands at $10.2 B compared to $10.1 B in the march 2024. But from the last year June quarter the revenue has grown by almost 6% from $9.6 B. Profit ➖ The operating profit has experienced a decline, with FY23 reporting only $2.9 billion, a drop from $6.3 billion in FY22. ➖ In the latest June quarter, the operating profit held steady at $1.3 billion, unchanged from the March quarter. Basic EPS (LTM) ➖ The basic EPS saw a slight rise in June, climbing to $15.26 (LTM) from $14.33 (LTM) in March 2024. However, compared to the same quarter last year, there has been a significant drop from $30.23 (LTM) Analyzing these numbers shows that although revenue has risen, the company is having difficulty producing profits, which may impact the share price in the near term. ● Lockheed Martin Revenue ➖ In FY23, the company experienced a slight revenue increase of 2.4%, rising to $67.6 billion from $66 billion in FY22. ➖ During the recent June quarter, revenue reached $18.1 billion, up from $17.2 billion in the March quarter. Compared to the same quarter last year, this represents a significant growth of approximately 8.6%, up from $16.7 billion. Profit ➖ The operating income has experienced a year-over-year increase. For FY23, it reached $9.0 billion, marking a 23% rise from $7.3 billion in FY22. ➖ However, there hasn't been a notable change in operating profit on a quarter-over-quarter basis. In June, the operating profit stood at $2.2 billion, slightly up from $2.1 billion in March. This figure is consistent with the operating profit reported in the same quarter last year. Basic EPS (LTM) ➖ The basic EPS stood at $27.58 (LTM) in June 2024 ➖ Over the past year, there has been no notable growth in EPS (LTM) Lockheed Martin demonstrates a more robust financial standing compared to Northman Grumman. VALUATION ● P/E Ratio ➖ P/E vs. Median P/E (1) Northrop Grumman's current price-to-earnings ratio over the past twelve months stands at 33.2x, which appears elevated when compared to its four-year median of 15.2x. (2) Lockheed Martin's recent twelve-month p/e ratio is 20.1x, also showing a rise relative to its four-year median of 16.2x. ➖ P/E vs. Industry P/E (1) NOC shows a fair valuation with a Price-To-Earnings Ratio of 33.2x, which is just below the US Aerospace & Defense Industry average of 33.3x. (2) On the other hand, LMT, with a P/E of 20.1x, seems to be undervalued relative to the industry average of 33.3x. ● P/B Ratio ➖ NOC's current P/B ratio of 5.3x appears inflated when stacked against the US Aerospace & Defense Industry average of 3.2x. ➖ In the case of LMT, it stands out as significantly overvalued, boasting a P/B ratio of 21.9x, which is far above the industry average of 3.2x. FREE CASH FLOW ANALYSIS ● Northrop Grumman ➖ In FY23, cash flow from operations saw a remarkable increase, climbing to $3.9 billion, a notable rise from $2.9 billion in FY22. ➖ In the most recent quarter, this figure reached $4.4 billion, up from $3.9 billion in March. ● Lockheed Martin ➖ There was little change in operating cash flow, with FY23 reporting $7.9 billion, which is nearly the same as the $7.8 billion recorded in FY22. ➖ On a quarterly basis, there has been an uptick; for the June quarter, operating cash flow stood at $8.8 billion, an increase from $8.0 billion in March and $7.7 billion in the same quarter last year. DEBT ANALYSIS ● NOC currently has a debt of $16.3 billion, resulting in a debt-to-equity ratio of 114%. While this may raise some concerns, the company boasts an interest coverage ratio of 5.2, indicating a solid ability to manage interest payments on its debt. ● In contrast, LMT carries a debt of $19.3 billion, leading to a debt-to-equity ratio of 311%, which suggests poor financial health. However, with an impressive interest coverage ratio of 8.9, the company is in a strong position to meet its interest obligations. TOP SHAREHOLDERS ● Northrop Grumman ➖ State Street Global has a notable 9.59% ownership in this firm, while The Vanguard Group possesses a considerable 8.22% stake. ● Lockheed Martin ➖ In addition to the 11.2% held by Lockheed Martin's Employee Stock Ownership Plan (ESOP), State Street Global and The Vanguard Group own 15.1% and 8.99% respectively. ➖ BlackRock also maintains a significant 7.13% interest in this company. CONCLUSION After reviewing all the financial metrics, it becomes evident that each company possesses distinct strengths and weaknesses. It's difficult to determine which one is the superior investment choice at this moment. A look at the monthly chart indicates that both companies are currently at a high point, but they could be good candidates for accumulation during any significant downturns. In 2023, the US spent $916 billion on defense, which was more than any other country. This was an increase of $55 billion from 2022. and this figure could increase given the current global landscape. Therefore, companies like Northrop Grumman and Lockheed Martin are expected to perform well in the foreseeable future.
NYSE:NOCLong
by NaranjCapital
Tagets 152%, 358%, 600%, 864%......BitTorrent Token is one of the coins I invested in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portions will be sold on Target 1 and Target 4. Also I will have someting to sell above mentioned targets! Entry Zone: 0.00000068 – 0.00000097 Target 1: 0.00000225 – 0.00000252 (152%) Target 2: 0.00000412 – 0.00000428 (358%) Target 3: 0.00000635 – 0.00000664 (600%) Target 4: 0.00000864 – 0.00000908 (864%)
Long
by Abmoon
12
Buy ITC aggressively CMP 492, Target-580 within a month.Technically we see a formation and breakout of Bullish Pennant chart pattern. Also we can confirm its strength from being continuously above all the short term averages even in market downside. ITC is a star performer and our last buy call at the bottom price of 425 worked very well. At higher levels also, surprisingly again it is in buy radar after formation and breakout of a beautiful chart pattern. Last month Quant Mutual Fund bought ITC shares worth 3,669 crores. This is a big plus news as Quant MF are trending in MF industry due to their good buying decision and consistently outperforming the market benchmark returns. All the big institutions and Brokerage house already gave the target of 550 plus and technically it is confirming the same. We feel that still there is a lot of value unlocking left in this counter due to their multiple businesses working so well as compared to the peers in the respective industry and still it is just valued majorly on based of Tobacco business. Demerger going ahead is the key to value unlocking and this share can quote even value of 750-800 soon and this is not hypothetical figure but based on real possible valuation in near term as well. So, buy this stock aggressively and you might think that the stock in last month already gone up and you might wait for the dips which might cost you a good opportunity as the big hand may not give you the dips unless there is a big fall in nifty itself. With regards to Nifty, it can give strong positive contribution to nifty movement and support nifty if other nifty stocks correct.
NSE:ITCLong
by PrashantDahale
BAJAJ FINSERVE - DAILY TIME FRAME - MY VIEW ONLYThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Please keep your comments useful & respectful. Keep it simple, keep it Unique. Thanks for your support Tradelikemee Academy Saanjayy KG
NSE:BAJAJFINSVLong
by Tradelikemee
SAIL - 50-70% ROI Potential with an RR of 1:3 - MidTermPotential1) Stock is in uptrend in Monthly , weekly. 2) The trendline that connects highs of 2007,2010,2021,2024 are about to be broken on the upside - Price confirmation indicates the same. 3) Weekly Price shows Morning star reversal. Note : This stock has not participated in the bull rally of 2023. Entry - Anywhere between 122-135. I see aggressive entries can be planned at 135. Targets - 151, 170, 190-200, 260 STOP LOSS - Would consider exit only if monthly closes below 108.
NSE:SAILLong
by Rugminik
3
"Fly Like There Is No Tomorrow Left" #ETCETC is currently forming an Adam&Eve formation. According to Elliot Waves Theory, this is the road map for ETC. If you are using Leverage on your trades, wait for it to close above 34 in daily time frame. Use only 2X, accept the fee and hold until the wave 3's final rotation which is 69. If you are buying products like an investor, you will have 2 options; -Buy now and wait until first target (69) -Or simply buy and hold until second target which is 95 (it will take months) Remember that it's a long term time frame and it will not be achieved in a couple days (I hope it would). All Targets Specified On The Chart. Good Luck To Us All.
Long
by vs_sayin
2
NLC INDIA DAILY TIME FRAME - MY VIEWThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support..... Tradelikemee Academy Sanjay K G
BSE:NLCINDIALong
by Tradelikemee
GRAPHITE INDIA MONTHLY TIME FRAME - MY VIEWThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support..... Tradelikemee Academy Sanjay K G
NSE:GRAPHITELong
by Tradelikemee
2
Will SPWR shine in 2024?Hello everyone i want share my idea about SPWR (SunPower Corporation) In 2023 we had pretty bullish stock price actions which i can't tell about SunPower Corporation. How SunPower Corporation work? they have loans for 5-10 years, when they have contracts with low rates and government starting to rise rates their work goes bad and their stock prices falling but when rates are low their work going well and more investor make investment. In my opinion 2024 year will be not great for stock market and the reason is, dollar strong movement start of 2024 and possibility to continue this trend all 2024 year is high. i have idea why i think stock market crash in 2024 which will be linked in this post. If we look at SunPower Corporation with technical we have big divergence at weekly MACD. Trend at chart is bearish in 2023 but oscillator shows it bullish and this is why i think good investment in this stock. If i have reason stock market crash, if i have reason rate cuts and if technically accept it then i will make investment at lowest price which is perfect for now.
NASDAQ:SPWRLong
by elmakacho
1
Do Not Miss This Token (SPA) an Easy 20XThe volume here says it all where it bottomed out and buying support came rushing in We stayed bottoming on this support lined almost 2 years. We recently bounce off the support and crossed and closed above the 50-period moving average. MACD Is above the Signal Live Our Algorithm Gave the Signal Below This Morning (02/07/2024) As always do your own research! 🔎 *Symbol*: `SPA/USDT` 📈 *Signal*: `Long` 💲 *Current Price*: `0.010087` 🛑 *Stop-Loss*: `0.0033446400000000007` 💰 *Market Cap*: `17192780.53204348` 🚪 *Entry Prices*: 📥 Entry Price 1: `0.007715359999999999` 📥 Entry Price 2: `0.00906732` 📥 Entry Price 3: `0.010159999999999999` 📥 Entry Price 4: `0.01125268` 🏁 *Exit Prices*: 📤 Exit Price 1: `0.018327319999999998` 📤 Exit Price 2: `0.02051268` 📤 Exit Price 3: `0.02405` 📤 Exit Price 4: `0.02758732`
Long
by Tracking_Technicals
IRM ENERGY 240 MINS TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
NSE:IRMENERGYLong
by Tradelikemee
1
$BTCUSD 3.5 Year Cycle Forecast - LONGCurrent Market Phase: As we navigate through BITSTAMP:BTCUSD pairs first phase reminiscent of October 2015, our focus is on achieving the crucial milestone of Target #1, positioned around the $128,000 mark. It is imperative to recognize that this level serves as a pivotal juncture in the trajectory of the current market cycle. Successfully reaching Target #1 will signify the completion of the prebullish phase, potentially setting the stage for the subsequent movements. Anticipated Correction and Second Bullish Phase: Upon reaching the $128,000 mark, a robust correction is anticipated, with the target range identified between $23,000 and $24,000. This correction aligns with historical market patterns and provides an opportunity for market participants to reassess their positions. It is important to approach this correction as a natural and healthy part of the market cycle, serving to realign valuations and pave the way for sustainable growth. The subsequent phase is characterized by a Bullish Pennant formation, indicative of a continuation of the upward trend. This phase is poised to initiate the long-awaited bullish cycle, a significant market event that holds the potential for substantial gains. Investors and traders should position themselves strategically to capitalize on the opportunities presented during this phase. Extended Projections: Looking ahead, our analysis suggests that the bullish cycle is expected to culminate in new highs, with a target around $220,000 projected to materialize around mid-2027. This forecast is based on a comprehensive evaluation of current market conditions, historical trends, and potential catalysts. However, it is essential to remain vigilant and adapt strategies to evolving market dynamics, acknowledging that unforeseen factors may influence the trajectory. External Corroboration: Our analysis finds support in external sources, such as the article from CMC Markets titled "Is Bitcoin in a New Round of Bull Run?" ( www.cmcmarkets.com ). The article reinforces the observed chart patterns and highlights the potential for a new bullish cycle, adding credibility to our analysis. Conclusion: In conclusion, the BTCUSD pair on the weekly timeframe is currently navigating the early phases of a potentially robust market cycle. Strategic positioning, risk management, and a keen awareness of market dynamics are essential components for investors and traders seeking to capitalize on the opportunities presented by this evolving chart pattern. As the market progresses, continuous monitoring and adaptation of strategies will be paramount to navigate the inherent volatility and uncertainties associated with cryptocurrency markets.
COINBASE:BTCUSD
by wikitrades
INOXWIND breakout SUCCESSFULINOXWIND has given the breakout. as shown on the chart. we can see it has accumalated the quantity for past 3 months. now today has given breakout with nice volume. it will be a good trade with R:R :: 1:3. Reason: descending bullish triangle pattern breakout confirmation. RSI is breaking 60 to upside nice strength in the trend. Support at VWAP Successful breakout after 5 months High Volume is traded today. Price > EMAs Verdict: Highly Bullish Plan of action: Buy: 204-208 Stoploss: 195 Target: 232
NSE:INOXWINDLong
by finnova_
2
GANESH HOLDINGS -WEEKLY TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
BSE:GANHOLDLong
by Tradelikemee
IIFL SEC - WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
NSE:IIFLCAPSLong
by Tradelikemee