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TAL Education Group (NYSE: $TAL) Pivotal PointsFundamental Analysis TAL Education Group ( NYSE:TAL ) is a leading provider of after-school tutoring services in China, with a network of over 1,000 learning centers and 10,000 online courses. The company has been on a strong growth trajectory, with revenues increasing by 27.38% year-to-date and earnings per share (EPS) improving by 11.32% in the past three years. The company also has a high gross margin of 54.62%, indicating its ability to generate profits from its core business. NYSE:TAL has a bullish technical outlook, as it is trading above its 50-day and 200-day moving averages, indicating a positive momentum indicator (MACD). NYSE:TAL has been on a strong uptrend since the beginning of 2023.
NYSE:TALLong
by DEXWireNews
Waste Management: Breakout Attempt 💥🚪Waste Management stock is currently attempting to break the upper line of the pink trend channel. We expect it to do so within the framework of the turquoise wave 3, which should provide an important upward momentum that should also take the wave above the resistance at $175.98. As for the rest of the turquoise 5-wave move, the price should hold above this level and only complete the structure and thus the gray wave III at around $192. This bullish outlook is only hindered by the 27% chance of a break below the support at $149.71.
NYSE:WMLong
by MarketIntel
Hewlett Packard Solid Performance in FY 2023, Eyes AI GrowthHewlett Packard Enterprise (NYSE:HPE) reported strong performance in fiscal year 2023, with record-breaking non-GAAP diluted net earnings per share and free cash flow, according to the latest earnings call. The company's Intelligent Edge and HPC and AI segments, as well as the HPE GreenLake platform, drove its revenue and profit growth. HPE also raised its dividends for 2024 and expressed confidence in delivering value for shareholders in fiscal year 2024 and beyond. Key takeaways from the call: i. HPE achieved significant financial success in FY 2023, with its Intelligent Edge segment being the largest driver of revenue and profit growth. ii. The company ended the year with its highest gross margin, highest operating profit, and highest annual revenue in four years. iii. HPE's as-a-service orders grew 11% year-over-year in Q4, and cumulative as-a-service TCV reached nearly $13 billion. iv. The company generated $2.3 billion in free cash flow in Q4 and $2.2 billion in FY '23, surpassing their guidance. v. The company's FY '24 guidance includes 2% to 4% revenue growth in constant currency and a non-GAAP structural tax rate of 15%. vi. HPE plans to increase its dividend by 8% in FY '24 and aims to return 65% to 75% of free cash flow to shareholders between FY '24 and FY '26. HPE executives highlighted the strong demand for AI and the company's ability to capture it. The company's strategy is focused on driving top-line growth and expanding gross margins, with a non-GAAP gross margin of 34.8% in Q4. The company also reiterated its free cash flow guidance of $1.9 billion to $2.1 billion. HPE's CEO, Antonio Neri, discussed the company's collaboration with NVIDIA (NASDAQ:NVDA) and their joint plan to win in different market segments. He highlighted HPE's unique software for running supercomputers and AI systems at scale, including technologies for checkpointing and networking interconnect. Neri also mentioned their machine learning development environment and the use of NVIDIA's AI enterprise software and GPUs. HPE's revenue mix and the flexibility of its Gen 11 server, which can accept different processing units, were also discussed during the call. The company expects a quick recovery in its storage business in Q1, with improved revenue mix and moderation in operating expenses. The company's HP (NYSE:HPQ) Electra product experienced significant growth, although some revenue was deferred due to the subscription model. The company expressed confidence in its strategic investments and innovation, which have led to revenue growth and increased profit. As a result, HPE plans to raise its dividend for 2024. The call concluded with Neri expressing wishes for a fulfilling year-end and holiday season. Technical Analysis HPE is trading in the middle of its 52-week range and above its 200-day simple moving average. Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.
NYSE:HPQLong
by DEXWireNews
Snap (NYSE: SNAP) Shares Gain on Jefferies UpgradeSnap (NYSE:SNAP) shares rose more than 2% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $12.00. The most challenging times for the company seem to be over, and they see a pathway back to a mid-teens revenue CAGR over the next 3-5 years. The underperformance of Snap in the past, according to Jefferies, was largely due to the rebuild of their direct response (DR) advertising platform. This revamp led to a drop in revenue in the first two quarters of the year. However, recent developments suggest that the DR platform is starting to show positive trends. Snap is well positioned to achieve a 15% revenue growth in fiscal 2024, marking a significant increase from around 0% in 2023. Price Momentum SNAP is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NYSE:SNAPLong
by DEXWireNews
General Motors Surges on Dividend Boost, $10 Billion BuybackGeneral Motors (NYSE: GM) - shares powered higher Today after the carmaker updated its profit guidance following the United Autoworkers Union strike while unveiling plans to boost its quarterly dividend and buyback $10 billion in stock. General Motors said the six-week UAW strike, which ended late last month, would clip around $1.1 billion from the group's bottom line, but would ultimately improve free cash flows thanks in part to strike-related shutdowns at various facilities around the country. GM said it now sees full-year adjusted profits in the region of $11.7 billion to $12.7 billion, down from its prior forecast of $12 billion to $14 billion. Diluted earnings, GM said, would likely come in between $7.20 and $7.70 per share, compared to its prior range of between $7.15 and $8.15 per share. The carmaker also said it would boost its quarterly dividend by 33%, to 12 cents per share, starting in 2024 while immediately retiring $6.8 billion in GM stock through its new $10 billion buyback. GM's free cash flow forecast was lifted to between $10.5 billion and $11.5 billion, a $2.5 billion boost from the higher end of it pre-strike forecast. Price Momentum GM is trading in the middle of its 52-week range and below its 200-day simple moving average. What does this mean? Investors are still evaluating the share price, but the stock still appears to have some downward momentum. This is a Neutral sign for the stock's future value.
NYSE:GMLong
by DEXWireNews
REST IN PEACE to one of the greatest financial mindsCharlie Munger right hand man to investment giant Warren Buffett has passed away on the 28 November 2023, born 1 January 1924. Not only was he an investment wiz he was great at behavioral psychology. He started his investment career in 1962 working as a real estate attorney which he gave up to pursue investment management along side Otis Booth, he later went on to form an investment firm with Jack Wheeler to his own firm to 1975. 1978 when he started working closely with Warren Buffett on BERKSHIRE HATHAWAY which owns businesses with a networth of 782.64BILLION in different industries and they have since made an average annual gain of 20.1% every year till 2022, and has made a personal wealth for himself of 2.6 billion. He considers himself to be a value investor ( investment strategy where investors identify stocks whose prices don't reflect what they are really worth) . Charlie also was a long term investor looking at companies that were high in value and also had the potential to continue increasing in value by holding for a long term compounding gain. some of his best qoutes are : -the best way to get what you want is to deserve what you want. -all intelligent investing is value investing -the world is not driven by greed but by envy. the investment community suffered a great loss, Charlie is really one of the greats, showing it pays to be patient and the importance of portfolio diversification. what have you learned from Charlie Munger yourself? put together by : Pako Phutietsile ( @currencynerd )
NYSE:BRK.AEducation
by currencynerd
Oracle: Docked! 🔗🚢The ORCL share price continued to climb, reaching the turquoise Target Zone (coordinates: $115.76 - $122.90). The magenta-colored wave (2) should now be completed within this range, the high of which should be followed by a countermovement to the downside. Currently, the upward momentum has flattened somewhat, but can still hold at the high levels. Accordingly, we expect a further rise within the described Target Zone - although from a technical perspective, the minimum requirement of wave (2) in magenta has already been met. After the reversal, we expect the downtrend to continue.
NYSE:ORCLShort
by MarketIntel
Long interest in PinterestTrading Idea: Buy Pinterest Stock for Short-Term Gain In the past month, Pinterest's stock price has increased by 14.55%, making it an attractive option for short-term investors with a somewhat high risk tolerance. The trading idea is to buy Pinterest stock (PINS) based on the provided facts. Pinterest, Inc. has reported a total of $1.12 billion in short-term investments, indicating a strong financial position. Additionally, the company has a gross profit ratio of 77.59%, which measures how efficiently and effectively a company performs by dividing its gross profit by its total net sales. A high gross profit ratio suggests that Pinterest is performing well. Furthermore, Pinterest has a low net debt of $-1 billion this quarter, indicating that the company has a solid financial foundation. Net debt is calculated by subtracting a company's total cash and cash equivalents from its total debt. A low net debt indicates that Pinterest has more assets than liabilities. In terms of net income ratio, Pinterest is currently at 0.882%, which is a positive sign for investors. The net income ratio measures the profitability of a company by dividing its net income by its total net sales. A high net income ratio suggests that Pinterest is generating significant profits. Overall, this trading idea fits a short investment horizon and a somewhat high risk tolerance. By investing in Pinterest stock, investors can take advantage of the company's strong financial position, solid gross profit ratio, low net debt, and positive net income ratio. Technical Outlook Pinterest bulls are focused on pushing the stock past a key resistance level at $29.22 as their next upside milestone, as long as they maintain their dominance. The bulls have been in control as indicated by the Commodity Channel Index (CCI) indicator, which is currently above +100, signifying that the market price is unusually high. In today's trading session, Pinterest continued its upward trend, gaining a further 0.72% and reaching a stock price of $30.94. This marks the seventh consecutive day of gains for the stock. Over the past five days, Pinterest's share price has appreciated by around 25.34%, outperforming the Nasdaq by a significant margin of 790.4% so far this year. The company has a market capitalization of $20.86 billion. On Friday, the stock saw 12.93 million shares traded, slightly below the multi-day average of 13.53 million. In technical analysis, Pinterest is currently rated as "Neutral" during this positive session, gaining 22 cents, or 0.72%. The CCI indicator, showing the market price is unusually high, supports the bullish sentiment. Other notable movements in the market include a 1.39% increase in Alphabet, with a closing price of $130.37, a 1.6% increase in Comcast, and a 1.8% increase in Netflix on Friday.
NYSE:PINSLong
by NomolosAI
UnitedHealth: Last hurdle 🚧Although UnitedHealth shares were able to establish the low of the turquoise wave 4 and rise steadily, they have not yet made it above the resistance level of $546.78. However, we expect this to happen next, leading to the high of the larger wave (A) in dark green. Short-term, we therefore expect further bullish potential, but after the top of this (A) wave, the trend should be clearly downwards again. In addition, there is a 35% probability for our alternative scenario, in which the alternative top of the old wave (A) would have already been deposited.
NYSE:UNHLong
by MarketIntel
Potential Inverted Head & Shoulders - GMEHere I have GameStop stock on the 4Hr Chart exhibiting signs of a potential Head & Shoulders pattern! GME hit its 52-Week Low last Monday so I believe this could be a great area for a potential reversal in the Bullish direction! www.tradingview.com The Neckline @ 14.30 has been tested twice now, once after the creation of the "Left Shoulder" and again after the creation of the "Head". Now what I expect for GME is for price to come down for the creation of the "Right Shoulder" with Pattern Invalidation at 12.90! -Pattern Prediction- *If price Breaks Down and Closes Below 12.90, pattern INVALIDATED! *If price Breaks Up and Closes Above 14.30, price action initiates my Trade Action Plan!
NYSE:GMELong
by Novi_Fibonacci
4
A new wave up beginning in CAT World's largest manufacturer of construction equipment - Caterpillar(CAT), is all set to make a leap upwards of 30+% in the first half of 2024. The stock of this company has been constantly making new ATH's and displays neat waves everywhere. The move being discussed and anticipated shall be 1-2-i-ii-iii, Meaning the wave iii of 3.(you can imagine it as a smaller third wave inside of a bigger third wave. The projected target zone for the anticipated wave is placed at 325-350$ zone. A look at the support/resistance zones also shows the stock attempting to reverse off a major S/R zone. The construction and manufacturing sectors have slowing started picking up and the US economy is better off than it was in 2022 and 2023. It is therefore expected of these sectors to do better in 2024 than they did in 2023 and increase their operations and output. This in turn should point towards a good business year for CAT since manufacturing, construction and mining sectors form its major customer base. Note*- This chart is based on personal observations/opinions. Please be cautious while making any financial decisions.
NYSE:CATLong
by neeraj_2_sharma
FORD MOTOR CO (F) 1M NYSE:F FORD MOTOR CO (F) 1M ### Current Situation: - **Stock Price:** $9.84 - **Moving Averages:** Below the 50-day, 100-day, and 200-day Moving Averages (MA) - **Volume:** 508 million - **Relative Strength Index (RSI):** Between 50.00 and 40.00 - **Moving Average Convergence Divergence (MACD):** Signals below the histogram ### Analysis: 1. **Price and Moving Averages:** - The stock trading below the 50-day, 100-day, and 200-day MAs typically indicates a bearish trend. - This positioning suggests a lack of upward momentum and possibly a bearish sentiment among investors. - These MAs might act as resistance levels if the stock tries to move upwards. 2. **Volume:** - A high trading volume of 508 million can indicate strong interest in the stock. However, the interpretation depends on the price movement context. High volume with a price decline can signal strong selling pressure. 3. **Relative Strength Index (RSI):** - An RSI between 50 and 40 is often considered a neutral zone. However, trending towards 40 can indicate that the stock is approaching the oversold territory, which sometimes precedes a potential upward reversal. - It's important to watch for whether the RSI crosses below 40, as it could reinforce the bearish trend. 4. **Moving Average Convergence Divergence (MACD):** - MACD signals being below the histogram, especially if the MACD line is trending downwards, suggests bearish momentum. - This might indicate that the downward trend is strong and could continue in the short term. ### Implications and Potential Strategies: - **Short-Term Traders:** - There might be opportunities for short-selling, given the bearish indicators. - Watch for any bullish signals or a reversal pattern as an entry point for buy positions. - **Long-Term Investors:** - It's essential to consider fundamental factors alongside these technical indicators. - If the fundamentals are strong, this bearish trend could present a buying opportunity. However, caution is advised until there are signs of trend reversal. - **Risk Management:** - Given the bearish indicators, risk management is crucial. Setting stop-loss orders can help mitigate potential losses. ### Conclusion: The technical analysis suggests a bearish trend for Ford Motors stock in the short term, with several indicators pointing to downward momentum. It's crucial for investors to monitor upcoming price movements and news that might affect the stock. Also, integrating this technical analysis with a fundamental analysis of Ford Motors and the broader market conditions is essential for a well-rounded investment decision. Remember, investing in the stock market involves risks, and this analysis does not constitute financial advice. It's always advisable to consult with a financial advisor before making investment decisions.
NYSE:FLong
by rodulfox