Stockpicks
VRM all time low | Q1 Earnings on May 9What should we expect from the earnings?
- revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY!
- a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance for $300 Mil.
Soon after the news above was released, on 2/3/2022, Bank of America set a price target for VRM of $30.00
So how come it is trading at $1.66???
Well, 29.48% of the share float is Shorted!
Big institutional owners like Vanguard, Blackrock , Morgan Stanley , JPMorgan Chase have average entries at $40!
And many of them had recently averaged down their investment, like Goldman Sachs which reported on 2/17/2022 an increase of 104.5% in their ownership in VRM , respectively 1,753,977 shares worth $18.93Mil for a total of 1.281% of the company. Their average is now $22.55.
So if they are happy with a 22 average, how come we don`t we buy it at $1.66?
VRM has a Price to book ratio of 0.24 now.
A P/B ratio less than 1 means that the stock is trading at less than its book value, it`s way undervalued!
the Price to Sales ratio is only 0.07! By comparison, its rival, CVNA (Carvana), has a P/S of 1.16.
Based on Q4 Financials, If they liquidated the inventory, cash in on all receivables and pay off the
$600M senior note, each shareholder will receive approximatively $6.5 per share.
If we look at the daily timeframe , VRM formed a falling wedge pattern which is extremely bullish as you know, on an oversold area, 25 on the RSI .
Institutional ownership in VRM is high, 92.19%
52 Week Range 1.58 - 48.80
Market Cap of only $235.47Mil! Can be a buyout at this point!
2021 Revenue: $3.18Bil
All things considered, fundamental and technical analysis, my short term price target for VRM is $5.95, i think it`s trading so low because it`s heavily shorted by the hedge funds, to have a better average on their entry.
Looking forward to read your opinion about it!
Deepak Fertilizers Analysis (A good stock to keep tracking)Hey Folks,
Lets Analyze now NSE:DEEPAKFERT
If we look at the fertilizers Sector they are doing very well and beating the market returns. So Investing in them can be a good opportunity.
As most of fertilizers Stock are Rallying and touching All time high's. these can be good money makers or Swing Trades.
Deepak fertilizers can be a good stock to invest in
Reason behind the Analysis is :
Stock is forming an All time high
It has recently given a good candle close #Breakout with high volumes of Classic Cup & handle(A 4 year old resistance) and its hovering over the resistance making it a valid support and showing Buyers are interested in it. Volumes are also giving Spikes while rallying and dried up when it comes down.
So one can start Accumulation in lower levels(Supports) or can trade Breakouts in it according to their risk Appetite.
Swing traders can take the targets of classic cup & handle. or you can hold it For longer term.
Your stoploss can be below of the Support levels or you can keep your SL trailing.
IDBI BANK LTD( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
IDBI BANK LTD. with target of RS 50 CMP IS RS 47.35
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR RS 45
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
Give Me A Reason To Not Buy NielsenNielsen ticker NLSN is trading at resistance level after gapping up
Usually stock prices fill the gap but I do not think this will happen as retail traders buy the stock.
Another thing to note here is good reward risk ratio with a tight stop loss.
I am buying at market open provided the price does not gap up or down too much.
This Could Be a Great Long Term BetNanox have been short-selled quite alot, and then you have this + the combination of hyperinflation and a recessive economy. However, Nanox is an Isreali company. The Nanox Korea building construction has been completed . While it may be a risky bet, now may be the time to get in. That said, please invest at your own risk. Do your own due diligence and everything said here is on an opinion-based basis.
GSFC ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO WATCH FOR EDUCATIONAL PURPOSE ONLY
GUJRAT STATE FERTILISER AND CHEMICAL LIMITED with target of RS 195 CMP IS RS 190.55
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 175
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
RSLS +500% upside potential according to this analyst RSLS, ReShape Lifesciences, provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally.
On 11/12/2021 Anthony Vendetti from Maxim Group brokerage Reiterated the Buy Rating for RSLS with a price target of $8.00.
That is more that 5X from the current price.
Looking forward to read your opinion about it.
Viveve Medical ⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
Apple AAPL Being Pressured By The Inflation Apple stock AAPL had a rough day of trading yesterday, just like the rest of the technology stocks being pressured by the surging inflation data. Apple stock AAPL ended the trading session lower by 2.4% at $172, the dip was more substantial than that of the S&P 500 that declined 1.8%.
Still, from a seasonality perspective, Apple stock tends to produce its best few months of gains right around this time of the year. March and April rank among some of the best months, while February has historically been a bit weak for AAPL.
Apple stock AAPL could fall back slightly to test the lower boundary of the potential symmetrical triangle's lower boundary at $168 which would create a room for a buying opportunity at this demand region, then bulls could push prices to the upside testing $174 resistance.
Rivian Stock RIVN Strength SignalsRivian stock RIVN has rallied 5.87% Wednesday to close at $64.53. The stock has shown some strength recently aiming for the downward trend’s reversal after confirming the formation of both; higher low, and a bottoming reversal pattern.
The stock RIVN could extend its rally hitting 23.60% Fibonacci retracement level that corresponds to the reversal pattern’s minimum target at $80.60 point on the short term.
Target 2 (32%) achieved in S. P. Apparels. Target 3 is ON...This is follow-up on S. P. Apparels. Can check link to related ideas.
Target 2 achieved. More than 32%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SYK Stryker Corporation could rise to $280In my analysis, I use three layers:
fundamental
sentiment
technical
Fundamentally, the company is doing well: revenue and net profit are growing.
Sentiment: Most analysts are leaning towards the stock rising to $283.
Technical analysis: the price is at the lower border of the Bollinger Bands. She spent several days in consolidation. This is indicated by the increased volume. We are expecting growth.
Recommendations:
Buy above 250$
Stop order at $237
Profit target $275
Possible scenarios for NVDA stock priceEarlier analysis posts
The stock is moving as predicted and the first resistance level in the chart is working.
The stock is now testing $270 for the third time and I have subsequently updated the chart to show my latest findings.
Profitable strategy
Sell NVDA220114C245000
CG POWER AND INDUSTRIAL SOLOUTION (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO WATCH FOR EDUCATIONAL PURPOSE ONLY
CG POWER AND INDUSTRIAL SOLOUTION LIMITED with target of RS 208 CMP IS RS 199.35
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 195
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
GTL INFRASTRUCTURE LIMITED ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO WATCH FOR EDUCATIONAL PURPOSE ONLY
GTL INFRASTRUCTURE LIMITED with target of RS 4 CMP IS RS 2.30
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 1.75
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED