Sarine Tech is benefiting from the current race to inflation hedges, as it provides exposure to the diamond business - on top of being a high growth tech company.
The stock is about to re-enter the upward trend channel.
Still near end of its cycle - apart from occasional drop it should benefit from the increasing tax rate environment generally favoring insurance companies.
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The Vanguard Total Stock Market ETF (NYSEARCA: VTI) tracks the performance of the CRSP U.S. Total Market Index. The fund has returned 6.23% since its inception in 2001. The fund is a market capitalization-weighted index that measures the entire investable U.S. equities market. It includes small-, mid- and large-cap companies. The fund is...
The Vanguard Total Stock Market ETF (NYSEARCA: VTI) tracks the performance of the CRSP U.S. Total Market Index. The fund has returned 6.23% since its inception in 2001. The fund is a market capitalization-weighted index that measures the entire investable U.S. equities market. It includes small-, mid- and large-cap companies. The fund is managed in a passive...
Fundamental analysis:
- The raising interest rate environement will be positive for the insurance profitability.
www.investopedia.com
"historical analysis shows that the overall trend is for the profitability of the insurance sector to increase in an environment of rising interest rates. Overall price-to-earnings (P/E) ratios for insurance company stocks usually...
Solid fundamentals and healthy upward trend, which is expected to drive stock prices up to 30% higher.
After reaching top end of the channel a significant pullback may happen.
The stock has experienced a triple boost recently:
- Extensive media coverage from Warren Buffet's Berkshire Hathaway purchasing 5% of Apple.
- Extensive media coverage from Apple being the first company to hit trillion dollar valuation in US history.
- Stock Buyback artificially inflated earning-per-share, PE growth was the only driving force of price boost.
With Apple's launch of its first OLED enabled iPhone in Sept 2018 (produced by LG Display) the technology can be deemed ready for mass adoption.
LG Display has already lost over 50% of its market cap due to an expensive technology shift from LED to OLED, but the company seems now ready to start benefiting from the investment, and the stock is likely to see a...
