Buy $RCL - NRPicks 09 AbrRoyal Caribbean Group operates as a cruise company throughout the world. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara and Silversea Cruises brands, which comprise a range of itineraries requiring approximately 1,000 destinations.
Bullish trend since March 2020, with key levels close to $ 84 and with the price above the MA50 but below the MA200.
Florida is a state that lost $ 3.2B as a result of cruise closures, however the outlook for cruise ships is positive as of June.
- Market Cap. $ 22.8B
- Revenue 2020 $ 2.2B
- Cash $ 3.6B
- P / B 2.30
- LT DEBT / EQUITY 2.05x
Stockideas
Buy $BABA - NRPicks 28 FebAlibaba is the world’s largest online and mobile commerce company, measured by GMV (CNY 5.7 trillion/$846 billion for the fiscal year ended March 2019). It operates China’s most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China marketplaces accounted for 68% of revenue in fiscal 2019, with Taobao generating revenue through advertising and other merchant data services and Tmall deriving revenue from commission fees. Additional revenue sources include international retail/wholesale marketplaces (7%), cloud computing (7%), digital media and entertainment platforms (6%), Cainiao logistics services (4%), and innovation initiatives/other (1%). Mobile GMV accounted for roughly 85% of consolidated GMV in fiscal 2019.
- Growth
- 50.6% estimated net earnings growth for the next 3 years.
- ROE 11.7% vs. 12.8% industry average
- P/B 1.3x VS 1.4x industry.
Technicals:
- Price level below SMA 250-200-150-100
- Williams R% at -92% levels
- RSI (37) Oversold
- -6% average downside during the month
Buy $QDEL - NRPicks 21 MarQuidel Corporation develops, manufactures and markets diagnostic testing solutions for applications in infectious diseases, cardiology, thyroid, women's and general health, eye health, gastrointestinal diseases and toxicology worldwide.
The company during 2020 benefited greatly from the pandemic thanks to its Covid-19 QuickVue test that recently received FDA authorization to apply it from house to home.
The company is optimistic about the Biden Administration's urgent and comprehensive approach to bringing the benefits of rapid, routine, and equitable coronavirus testing to U.S. classrooms, under-neglected communities, and rural areas.
- Sales Y/Y 210%
- EBITDA Y/Y 628%
- Net income Y/Y 1010%
Technical:
- Low RSI levels
- Bounce on MA100
- Support $128
Buy $GSAT- NRPicks 21 MarGlobalstar, Inc. offers mobile satellite services worldwide. The company offers two-way voice and data duplex products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational use, security, preparation and emergency response.
The company in its last earnings report filed losses less than expected of $0.0132 and quarterly revenue of 33.17M.
The most significant development for Globalstar in recent weeks was Qualcomm Technologies' announcement of its Snapdragon modem-RF system, with Qualcomm Technologies' 5G band support, the potential device ecosystem expands significantly to include a large number of industrial and consumer devices.
- Market Cap 2.6B
- Average Volume 26M
Technical:
- MACD Level (12, 26) 0.19
- Average RSI levels
- Bounce in MA50
- Support at $1.50
Buy $TLRY - NRPicks 14 MarTilray, Inc. is dedicated to the research, cultivation, processing and distribution of medical cannabis. The company offers its products to patients, doctors, clinics, pharmacies, governments and hospitals.
The Ministry of Health and the New Zealand Medicinal Cannabis Agency grant Tilray the first approval under the new Medicinal Cannabis Plan to launch medicinal cannabis products across the country, which will undoubtedly have a major impact on revenue of the company.
During the week, most sectors showed a recovery, however, the marijuana companies had a controlled upside and this is likely to continue. We consider that Tilray is in the middle of its journey.
Technical:
- Average RSI levels
- Buying force 143M buying volume last week.
- Bounce on MA100
Buy $GNUS - NRPicks 07 MarGenius Brands International, Inc. is a content and brand management company, creating and licensing multimedia content for young children to tweens worldwide.
During the week the price of his shares were shot by the announcement of his new series starring Arnold Schwarzenegger, according to statements from the company's CEO, similar announcements are expected over the coming weeks, as well as a possible deal between Disney and Genius Brans.
Technical:
MACD Level (12, 26) -0.10
Average IHR levels 49.37
Triple support on the MA100
Buy $SRNE - NRPicks 07 MarSorrento Therapeutics, Inc. is a commercial and clinically staged biopharmaceutical company, developing therapies for cancerous, autoimmune, inflammatory, viral and neurodegenerative diseases. It operates through two segments, Sorrento Therapeutics and Scilex.
The company has been constantly adding new options to its bulky pipeline and has made two notable additions in the last month. Sorrento and its subsidiary Scilex are signing an exclusive licensing agreement with Aardvark Therapeutics to treat the post Covid chrononic chondrome.
The last move is that Sorrento is buying the outstanding assets of ANP Technologies for a total of $100 million, this acquisition will increase the additional capacity to produce COVID test kits and provide the know-how to optimize the test through the improvement of detection capabilities, thus conferring greater sensitivity and specificity".
Technical:
MACD Level (12, 26) 1.57
Low levels of RSI 35.78 Oversold
MA200 rebound
Price below MA 50 and MA100
Buy $SPCE - NRPicks 07 Mar
Virgin Galactic Holdings, Inc. is an integrated aerospace company, developing human spaceflight for individuals and researchers in the United States. It also manufactures aerial and space vehicles. The company's spacecraft operations include commercial human spaceflight, commercial flight research, and space development payloads.
The company came close to losing all its 2021 profits in the last few weeks, attributed to the overall market decline and to investor Chamath Palihapitiya making official a sale of 6.2M of Virgin shares. Possible sustainable rebound in MA200
Technical:
MACD Level (12, 26) 5.76
Bounce over MA200
Price below MA50
RSI 36.02 Oversold
Buy $WBA - NRPicks 07 Mar
Walgreens Boots Alliance ($WBA) is a global leader in retail and wholesale pharmacy, through the dispensing and distribution of medicines, and through its convenient retail locations, digital platforms and health and beauty products. The company has more than 100 years of heritage and innovation in health care.
It is a company that handles a good trading volume and is close to filing its earnings report on March 31, remember that in its last report it exceeded expectations with earnings per share of $1.22 and quarterly revenue of $36.31B.
Walgreens announced the expansion of its digital health platform, Walgreens Find Care, to include 11 new and four expanded collaborations with service providers, offering easier access to care during the COVID-19 pandemic. With these, people can now access more than 45 national and local health care providers. This platform has increased its use exponentially since the pandemic reaching 20M of visits that equates to an increase of 13 times last year's visits.
The company, even the health sector, has a good way to recoil the market and the rotation of investors after the technology selloff could end up in the least disadvantaged.
Technical:
Support at $46
Bounce in MA50
Low levels of RSI - Oversold
MACD Level (12, 26) -4.90
Buy $CIG - NRPicks 07 MarCia Energetica Minas Gerais-Cemig, through its subsidiaries, participates in the generation, transmission, distribution and sale of energy in Brazil. As of December 31, 2019, the company operated 80 hydroelectric, thermoelectric and wind and solar plants with an installed capacity of 6,000 MW; 4,134 km transmission lines; and 335,421 km of distribution lines.
Risk rating agency Standard & Poor's (S&P) has raised its corporate ratings for Cemig, said the increase in ratings reflects our view that Cemig has kept its credit and liquidity metrics strong amid the pandemic. The company is close to filing its earnings report on March 31.
-Value
-P/S 0.79
-P/E 8.9
-P/B 1.04
-ROE 12.30%
Technical:
-Low levels of RSI - Oversold
-Price below MA50,MA100 andMA200
-Support at $2.04
Buy $ACB - NRPicks 28 FebAurora Cannabis Inc. produces and distributes medical cannabis products around the world. It is vertically integrated and horizontally diversified in various segments of the cannabis value chain, including facility engineering and design, cannabis cultivation, genetic research, production, derivatives, high value-added product development, domestic cultivation, wholesale and retail distribution.
Technical:
Low RSI Levels - Oversold
Below MA50
MACD Level (12, 26) 0.39
1st Fibonacci retracement target
Aurora looks at an improvement in EBITDA for the third quarter after reductions to its number of employees a few months ago. Cost cutting.
Reduced its operating expenses by 6.6% quarterly
Buy $GNUS - NRPicks 28 FebGenius Brands International Inc is a kids media company. It is engaged in developing, producing, marketing, and licensing branded children's entertainment properties and consumer products for media and retail distribution. Its portfolio features programming for toddlers to tweens, including the preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix, toddler brand Baby Genius, STEM-based series Thomas Edison's Secret Lab, Warren Buffett's Secret Millionaires Club, and the new preschool show, Stan Lee's Superhero Kindergarten. The company's channel is available on television and mobile devices through distribution platforms, including Comcast, Cox, DISH, Sling TV, Apple TV, Roku, and Amazon Fire among others.
Technical:
Average RSI levels
Price below MA20, MA50 and MA200
Possible Goldencross at the Short term
MACD Level (12, 26) - 0.11
The company presented a 40% decline from the $ 3.06 reached in January, we consider a possible natural rebound in price for the short term.
Buy $NEM - NRPicks 28 FebNewmont is the world's largest gold producer. In 2020, the company produced 5.9 million attributable ounces of gold and more than 1 million attributable gold equivalent ounces from by-product sales. In the long term, the company expects to produce 6.5 to 7 million ounces of annual gold production while reducing all-in sustaining costs to $800 to $900 per ounce.
Newmont is a company that appears to have been unaffected by the pandemic, as we see no significant damage to sales. The current year's results have been better than last year, likewise, we can see that its debt level is in line with its competitors.
- Value
-2.9% estimated net earnings growth for the next 3 years.
- ROE 11.0% VS 13% industry average
- P/B 2x VS 2.3x industry.
Technicals:
- Price level below SMA 250-200-150-100
- Williams R% at -94% levels
- RSI (32) Oversold
- -8% average downside during the month
A 17% correction was presented from January 8 to February 26, which stopped at $54.30 support. This pullback was mainly due to the fortune that the dollar has been gaining and the increase in 10-year bond yields. Ultimately, the buy decision is driven by the strength of the company and that the technical indicators are favorable.
Buy $NKLA - NRPicks Feb 14Nikola Corporation operates as an integrated supplier of zero-emissions transport systems. Designs and manufactures electric and hydrogen electric vehicles, electric vehicle transmissions, vehicle components, energy storage systems and hydrogen fuel station infrastructure.
Technical:
MACD Level (12, 26) - 4.87
Target in 3rd Fibonacci recoil
Average RSI levels
MA50 below MA200
Buy $SATS - NRPicks Feb 14EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services worldwide. It operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segments offers broadband satellite technologies and Internet services for home and small to medium-sized businesses, and satellite services; and broadband network technologies, managed services, equipment, hardware, satellite services, and communication solutions for aeronautical and government enterprises, as well as consumers. This segment also designs, provides, and installs gateways and terminal equipment for other satellite systems; and provides satellite ground segment systems and terminals to mobile system operators and enterprise customers. The ESS segment provides satellite services using its owned and leased in-orbit satellites and related licenses on a full-time and/or occasional-use basis to the United States government service providers, Internet service providers, broadcast news organizations, content providers, and private enterprise customers.
Technicals:
Bullish channel forming
Probable momentum at MA 50
Volumen promedio change +3x (3M)
Elliot wave impulse to $28
There is a lot of expectation with stocks related to space services. Wallstreet has shown interest in this type of stocks in recent years, and much more in 2020. Exchange-traded funds containing these types of stocks have been opened.
Buy $AMGN - NRPicks Feb 14Amgen is a leader in biotechnology-based human therapeutics, with historical expertise in supportive care products for kidney disease and cancer. Flagship drugs include the red blood cell stimulators Epogen and Aranesp, the immune system stimulants Neupogen and Neulasta, and Enbrel and Otezla for inflammatory diseases.
Amgen is one of the best positioned in the pharmaceutical industry. In 2020, the company generated higher earnings than in 2019, due to its strong product pipeline. Financially speaking, the company maintains controlled debt levels that it will be able to meet without any problems.
Fundamentals:
- Value
- 8.8% estimated net earnings growth over the next 3 years.
- P/E 19x vs. 29.6x industry P/E
Technicals:
- Price level cross MA 200 - 50
- Williams R% at -91% levels
- RSI (41) Neutral
- -2.8% average upside during the month
On January 28th there was a market correction, which also affected Amgen. Although the correction lasted a couple of days, the share price continued to fall until $232.10. From this point, the stock recovered 2.5% and remains at these levels; however, the recovery channel should continue as there are no clear retracement fundamentals. In terms of technical factors, we can see that the SMA and Williams R% favor a buy decision.
Buy $CLX - NRPicks 21 MarThe Clorox Company manufactures and markets consumer products and professionals worldwide. It operates through four segments: Health and Welfare, Home, Lifestyle and International.
For the past year, Clorox has been in the right market segment of the consumer industry at the right time: cleaning and disinfection products. In his latest earnings report he exceeded expectations with earnings per share of $2.03 and quarterly revenue of $1.84B
Clorox's economic benefit has been trending higher over time, from about 10% a decade to 20% recently, implying that it becomes more effective in managing capital as it grows
- Defensive
- Dividend Yield 2.39%
- Market Cap 23.20B
- Sales Q/Q 27.10%
Technical:
- Low levels of RSI
- Support $181
- Bounce in MA 100
Buy $PAM - NRPicks 14 MarPampa Energía S.A., an integrated electricity company, is engaged in the generation, transmission and distribution of electricity in Argentina. It operates through the electricity generation, electricity distribution, oil and gas, petrochemicals, and holding and other businesses segments.
For context, the unemployment rate in Argentina decreased to 11.7% in the third quarter of 2020 from 13.1% in the prior period, decreasing from the highest unemployment rate since the third quarter of 2004. The monthly inflation rate in Argentina fell to 3.6% in February 2021 from 4.0% in January and in line with market expectations and is close to present its GDP growth (Y / Y).
- Income in 2020 $ 1.07B
- ADJ EBITDA $ 750M
- P / S 0.82
- P / B 0.57
- P / E 10.01
- Sales past 5Y 100.60%
Technical:
Support at $ 12.70
MACD Level (12, 26) 0.05
Average RSI levels
Buy $WMT - NRPicks 14 MarWalmart Inc. participates in retail and wholesale operations in various formats around the world. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club.
The retailer's growth strategy so far has led to its US sales growing about 8.6% in the past year, according to its fourth-quarter earnings report last month. Net sales increased 29B million in the year.
Walmart's main growth strategy is building its online marketplace and e-commerce banking, while expanding other businesses, including its advertising, finance and healthcare businesses. His most recent investment was a $ 2.2B capital injection together with Tencent in Rakuten.
- P / S 0.67
- Sales 559B
- ROE 23.90%
Technical:
Support at $ 127
Price settled on MA50
Low RSI Oversold Levels
$AITXArtificial Intelligence Technology Solutions Inc. focuses on the delivery of artificial intelligence and robotic solutions for operational, security, and monitoring needs. The company was formerly known as On The Move Systems Corp. and changed its name to Artificial Intelligence Technology Solutions Inc. in August 2018. Artificial Intelligence Technology Solutions Inc. was founded in 2016 is based in Reno, Nevada.
$50 MILLION REGISTERED DIRECT OFFERING case study$VISL ANNOUNCES $50 MILLION REGISTERED DIRECT OFFERING PRICED AT-THE-MARKET UNDER NASDAQ RULES
$VISL today announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of 18,181,820 shares of its common stock and common stock warrants to purchase up to 9,090,910 shares of common stock at a combined purchase price of $2.75 per share in a registered direct offering.
The common stock warrants will be immediately exercisable, have an exercise price of $3.25 per share and will expire five years from the date of issuance.
The closing of the offering is expected to occur on or about February 8, 2021, subject to the satisfaction of customary closing conditions.
finance.yahoo.com
ANNOUNCES CLOSING OF $50 MILLION REGISTERED DIRECT OFFERING PRICED AT-THE-MARKET UNDER NASDAQ RULES
finance.yahoo.com
What we can learn from the registered direct offerings?