📖 AO is an electrical retailer operating in the UK and Germany and specialises in household appliances and electricals. Much like Ocado, its share price has benefited significantly from the CV19 pandemic, soaring by as much as 800%. 87% of ao.com reviews on TrustPilot are 5 stars and it is often praised for its great customer service. Sales in the UK rose 67% in...
📖 UPS is the worlds largest package delivery company. UPS’ valuation is much higher than FedEx, buy maybe for good reason. UPS is better at generating profits and generating free cashflow from its earnings. UPS has benefited from surging e-commerce volumes in 2020 due to a combination of stay-at-home measures and social-distancing decisions, especially from...
📖Facebooks share price has been hit, again, after the social media company has received more flack from mainstream media outlets. In the days leading up to last week’s march on the Capitol, supporters of President Trump promoted it extensively on Facebook and Facebook-owned Instagram and used the services to organize bus trips to Washington. Facebook was also hit...
📖Greggs plc is a British bakery chain. Despite being a household-name bakery, in 2020 it has been relying on government support and is not expected to return to profit until 2022, and recently reported its first annual loss since the 1980s.Prior to the coronavirus, Greggs was enjoying year-on-year growth in sales (13.5% between 2018 and 2019) and profit (27.2%...
Founded in 2006, Microvast is a technology leader that designs, develops and manufactures Li-ion batteries. The company is renowned for its cutting-edge cell technology and its vertical integration capabilities which extends from core battery chemistry (cathode, anode, electrolyte, and separator) to battery packs. in November, Tuscan Holdings Corp. (Nasdaq:...
DocuSign, Inc. is an American company that allows organizations to manage electronic agreements. DocuSign offers eSignature, a way to sign electronically on different devices. DocuSign reported 46% YOY in growth in revenue in Q3 2020. It has a large customer base of 822,000 and is touted as the worlds #1 eSignature solution. Considering the competitive signature...
Lots of hype around Tesla going into the S&P 500. Tesla has been on a massive bull run, soaring over 900% from its March lows of $72 to $660 today. On the 16th December, it was announced Tesla would be included in the S&P 500. Tesla became eligible to be included in the S&P 500 after posting its fourth consecutive profit in the second quarter of this year,...
In December 2018, the share price of ASOS fell 38% in a single day after the company announced an unexpected profit warning after a poor November of trading - it was amongst a number of British retailers to be hit by weak consumer confidence and increased discounting. Shares tumbled to 2307p , the lowest since January 2015. The price recovered 5 months later in...
Just today, JD Sports Fashion announced it had agreed to buy California-based Shoe Palace for $325 million. JD has also just opened a new flagships store in Times Square, New York. JD shares were up 3.8% early Tuesday, making the stock the top performer in the FTSE 100 this morning. In other news today, JD, who was the last remaining bidder for Debenhams the...
Salesforce, ticker symbol CRM, is down over 20% from its all time high of $276 back in September, now trading at $222. It had experienced an almost 150% run up from its March lows of $132. On the 1st of December, Salesforce announced it was acquiring Slack, ticker symbol WORK, for $28 billion in which its CEO described the deal as a ‘match made in heaven’. Since...
Facebook is approaching some pretty significant levels. Technically - An upward trend line that was formed in May is about to be tested again and price is moving very close to the 100-day MA on the daily chart. More significantly, this trend line and the 100-day MA are now running together, which may act as extra support. In addition, price is beginning to...
AAPL broke out of a bullish channel in late June of this year and then experienced a blow off top after a 4 to 1 stock split was announced on July 30th. After the announcement, the stock skyrocketed 55% to new ATH on 2nd of September. The stock has since cooled by as much as 25%. More noticeably, AAPL has been forming a large symmetrical wedge pattern. A...