Stocks in 2021

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I think Bitcoin will continue to be a great long-term investment.
There is a lot of speculation about whether Tesla is just a bubble since its stock has been overvalued for a while now. What do you think about this?
 

LeonRocky

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I think Bitcoin will always be big in the future. Tesla not so sure as there is a lot of Electric cars coming out each year
 

syamfx2020

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Novavax (NASDAQ: NVAX) stock climbed more than 35% in pre-market trading on Friday after the company said its vaccine appears 89% effective in preventing COVID19 including against the new UK variant.
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Johnson & Johnson (NYSE: JNJ) stock down quickly 4% in pre-market trading after the Pharmaceutical giant said its vaccine is 66% effective overall.
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syamfx2020

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“This quarter for Apple wouldn’t have been possible without the tireless and innovative work of every Apple team member worldwide,” Tim Cook, Apple’s CEO said.

Apple (NASDAQ: AAPL) released fiscal first-quarter earnings on Wednesday after the market close. The iPhone maker revenue increased by 21% year-on-year to a new record of $111.44 billion. Apple now has more than 620 million paid subscribers across its services, up 140 million since the 2019 December quarter.

  • Earnings per share (EPS) $ 1.68 vs. $ 1.41 expected
  • Revenue $111.44 billion vs. 103 billion expected
The strong financial results boosted by holiday shopping because the first quarter of the fiscal year covers the months of October, November, and December. On the other hand, the Mac and iPad businesses have seen major growth because of the work-from-home trend driven by the pandemic.

iPhone sales climbed 17% year-on-year

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iPhone remains Apple’s largest revenue contributor; this crucial business has improved from better performance in last year’s holiday period. During the last quarter, iPhone sales contributed $65.5 billion. In comparison, during the same quarter in 2020 iPhone sales stood at $56 billion. The company confirmed the installed base of iPhones is now over 1 billion, meaning almost one in every six people alive on the planet now uses one.

"Certainly, iPhone was one of the major factors why we exceeded our own internal expectations at the beginning of the quarter," Apple CFO, Luca Maestri said.

Apple continues to expand into a wide array of new arenas. The company released its highly anticipated and first-ever over-the-year headphones in mid-December: the $US549 Air Pods Max.

$AAPL Technical chart

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The Apple shares are up 7% from the beginning of the year and rallied more than 80% last year. The stock reached a new all-time high of $145 on Monday ahead of the results. The stock closed 3.5% lower on Thursday despite strong financial results due to recent Wall Street sell-off.

In the short term, If the recent selling pressure continues the next strong support levels to watch $126 and $120. On the flip side, if the stock break above the 52-week high of $145 will open the doors to $150.

Read more- https://gulfbrokers.com/en/apple-aapl-reported-record-q1-revenue
 

syamfx2020

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The US largest food delivery company DoorDash (NYSE: DASH) shares closed 14% higher on Wednesday after the company agreed to acquire the robot salad company Chowbotics.

$DASH climbed more than 18% from Monday and surged 35.4% in January.

Chowbotics has introduced a new feature for Sally which allows users to order their ahead of time using an app.

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syamfx2020

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The San Francisco-based cloud communications platform Twilio (NYSE: TWLO) shares jumped more than 10% in the pre-market trading on Thursday and climbed to a fresh all-time high of $457.30. The recent rally boosted by the better-than-expected fourth-quarter revenue and earnings results.

  • Earnings per share (EPS) $.4 vs. -$.8 expected
  • Revenue $548.1 Million vs. $454.8 Million expected
“Twilio's total revenue growth of 65% year-on-year in the fourth quarter continued the strength and momentum we've seen over an extraordinary year,” – CEO Jeff Lawson said.

The company also benefited from strong customer growth. At the end of the last quarter, Twilio had more than 221,000 active customers, an increase of 23% over the previous year.

Can the rally last?

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Over the last 3 years, the stock increased by 1300% and during the past fifty-two weeks, the price has risen as high as $457.30 and fallen to a low of $68.06. In 2020, TWLO’s stock has gained more than 250%.

Technically the overall momentum remains bullish throughout the last couple of weeks. The stock closed on Thursday at $443.49. In the short term if the stock holds above $400 the next upside target at $480 and $500. On the other side, if the price break and close below $400, the next immediate support to watch $350 and then $330.


Trading is risky and your entire investment may be at risk. Please ensure that you fully understand the risks involved.

Read more- https://gulfbrokers.com/en/twilio-shares-jumps-another-10-can-the-rally-last
 

syamfx2020

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The Social media platform Pinterest was founded in 2003 and it went public in April 2019. It began its first day of trading up 25% at $23.75. The platform allows users to “pin” posts to digital “boards” on topics of interest. Pinterest (NYSE: PINS) stock has a market capitalisation of US$52 billion and the company's price-to-book ratio stands at 23.7%. Recently, the stock climbed to fresh all-time highs after blowout Q4 financial results.

Fundamental Analysis of PINS​

Pinterest has beat expectations on the last three earnings reports. On February 4th Pinterest released the Q4 financial results. The results showed revenue growth accelerating, with 76% year-on-year growth in the fourth quarter to $706 million. The number of monthly active users jumped to 459 million vs. 449.4 million expected.

  • Earnings per share (EPS) $0.43 vs. $0.32 expected
  • Revenue $706 Million vs. $645.6 Million expected
“We welcomed over 100 million additional monthly active users to Pinterest in 2020, more than any other year in our history, and now we reach more than 450 million monthly active users around the world.” Pinterest CEO, Ben Silbermann said.

Should you buy the Pinterest stock now?​

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The investors and traders are certainly impressed with the progress Pinterest stock has made over the last year. Since going public at $19 per share, PINS has risen more than 200%. Technically the overall momentum remained bullish for the $PINS throughout this year and the stock is up 32% so far in 2021. In the long term, watch for monthly closing above $90 or below $70 area, that will give a larger confirmation of direction in the long term.

Facebook vs Pinterest​

Facebook is much larger, and Pinterest may never reach that scale, but the comparison shows the potential. Most importantly the active user’s growth and lack of controversy are helping the Pinterest stock to continue the upside momentum. As per the last quarter results, Facebook’s monthly active users are up 14% versus 37% for Pinterest. Recently, the Facebook stock performance also faced some controversy problems including Apple's privacy change, the Democrats' Senate takeover and Trump's suspension.

Conclusion​

Though the Pinterest stock has demonstrated good financial results, and user’s growth it also faces competition from other social media companies like Snap, Facebook, and Twitter. Competition is one of the many factors that can affect a company’s stock performance.

If Pinterest can continue to find new and improved ways to monetize its user base, this will go a long way towards helping the company’s future profitability. On the other hand, if the company is able to provide more positive earnings reports will also help to boost investor confidence and increase the upside momentum.

Read more- https://gulfbrokers.com/en/can-pinterest-pins-stock-become-the-next-facebook-fb
 
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