RIVN Chart done on daily timeframe. Shares of Rivian are trading near their all time lows ahead of their quarterly earnings. Investors of the company who purchased shares since their public market debut have been on a wild ride. Rivian shares reached a high of nearly 200.00 at one point before entering a long correction period that seems to still be going on. Electric vehicle companies as a whole experienced a similar path that Rivian has as sales fell and demand fluttered, but Rivian is one of the few names that has a standing chance in the future of EV. The consumer direct vehicles have surpassed expectations, reaching more than 50,000 in 2023, but unfortunately their profitability moved the other...
NIO Chart done on daily timeframe. NIO is another Chinese stock that’s become a victim of geopolitical tensions and unrest. Like many of its China based peers, the company has impressive numbers, but investors are just too uncertain to buy. This could be seen as a major opportunity because chances are, tensions will either simmer down, or Wall Street will find them too good of a risk/reward investment to pass up. NIO in specific has grown its revenue from under 1B in 2018 to over 7B last year. Their market cap is only 9B currently, meaning they’re close to grossing as much as revenue as their market valuation. Their balance sheet has a positive asset to liabilities ratio, but cash...
Airbnb Post-Earnings Analysis Chart done on daily timeframe. It’s always a challenge to identify a healthy valuation for a young company like Airbnb, but now that they’ve had about seven years of public earnings, we’re starting to see what the company is capable of. Since its initial public offering (IPO), Airbnb has grown its annual revenue by 400%, all while slowly crawling their net income to a positive territory. The company’s bookings have grown significantly and leadership is optimistic they’ll continue penetrating international markets in the coming quarters. New international markets means more revenue for the company, and based on the way their leadership have managed revenue in the past, they’ll likely continue growing everything from their income statement to...
AVGO Chart done on daily timeframe. Semiconductor companies have been big winners in the last 12 months. While most of the focus has gone to Nvidia and AMD, Broadcom has swiftly moved its way to all time highs, gaining more than 100% since this time last year. The rise in market valuation has moved its price to earnings ratio to 39, doubling its valuation from last year, and making the stock more expensive than the healthy average of 25-35. However when we compare AVGO to NVDA, AVGO is still far cheaper in terms of price to earnings ratio. Broadcom brings in more revenue and offers a healthier balance sheet, which explains the attention it has received in the last year....
Applied Materials (AMAT) Pre-earnings Analysis Chart done on daily timeframe. Stocks involved in the semiconductor sector have grown in valuation to astronomical numbers in the last 12 months. The two most prominent names to mention are Nvidia and AMD, both of which have reached new all time highs recently, but their price to earnings ratios are far above the “healthy” 15-25 average. The recent rally from Nvidia and AMD has lifted their price to earnings ratio to 90x and 320x (in that order), making them very expensive compared to the average. The continued optimism around artificial intelligence is the catalyst behind the exponential growth we’ve seen in semiconductor companies, but many semiconductor stocks may have grown too expensive in valuation....
