We haven't talked about Russia and the economy or stocks for a long time. I know there were a few people who owned stocks. Do you still have them? It's just that I came across an interesting article about how their economy is slowly going down the tubes, so if any brave souls still own them.
Here's a little summary of the state of Russia's economy 👇
1. Ruble in free fall
The...
Read more
Microsoft $MSFT has signed an agreement to keep Call of Duty on PlayStation following Activision Blizzard's acquisition of $ATVI. The agreement to keep Call of Duty on PlayStation could further ease concerns about the impact of the acquisition on competition.
But will it be enough or will they find something else? 🙄
Since I own $MSFT stock I like the acquisition, I like how Microsoft is developing the video game market, their cloud gaming is something great. I feel a little bit like Microsoft messed up with their Xbox, Sony is definitely better at consoles, that's why Microsoft is trying to attract people with cloud gaming where you really only need fast internet and a newer TV. I'm currently holding and don't plan on selling.
I quite enjoy watching analysts' predictions. For example, for such $ENPH, which I bought in the range of $155-165, analysts gave a neutral - sell rating. Today we can see the share price is a nice $182 and now they are starting to talk about ENPH being a clear Buy 😅 ...Therefore, I don't rely on predictions.
...
I don't rely on predictions either. Otherwise, I don't have this stock in my portfolio, but I'll definitely take a look at it.
Every week, Tesla comes up with a big one... here I believe in the stock much more than I believe in Meta :)
Why did 3M $MMM stock appreciate significantly yesterday?
Unfortunately, there is no progress in the earplug lawsuit. The reason for the rise is that analysts at Bank of America upgraded their rating on the stock from Underperform to Neutral, citing a number of "near-term positives." Let's take a little look at their report.
...
Growth is great, but we're still hovering around that $100 zone. One day we're above, one day we're below. We're waiting for something bigger here. But when it comes, the move will be worth it. Inflation won't have that big of an impact on this stock (think today's results), but earnings might.
So I need 8$ more up on the green nio... but still, it's a pretty promising way to go :)
Cool thanks for the info :) i hope they keep going down and get to nice numbers for buying ;)
Whose results will you be watching this week? For me, it's definitely JPMorgan $JPM, which I continue to hold in my portfolio. Analysts here are expecting year-over-year earnings per share growth (about 30%) and sales up about 20% from last quarter. That doesn't look bad at all, so I'm hoping it turns green on Friday.
Great news, I've been overbought recently too as they were down quite a bit so hopefully they'll go up already, but I trust them, if Buffett, so do I. 😁
Yesterday, we saw $NIO stock shoot up more than 11%.
This is because the company's CEO, Li Qiang, predicted at the World Economic Forum on Tuesday that China's economy will grow faster in Q2 than the 4.5% rate it grew at in Q1, and further claimed that it is on track to achieve annual growth of around 5%.
In addition to Qiang's overall bullish view on the Chinese economy,...
Read more
I was just shopping again today and averaging my price... I believe the green is near! :-D
More good news like this.
I think it will be appreciated by far more people than just the Americans... imagine what results you could achieve if you ate right, exercised + supported it with similar pills? What normally takes you a year you could have in a few weeks... :)
I wrote an article about it yesterday and today 1/2 of the problems are solved and $MMM stock is up less than 5% so far. I like it that way! 😄
3M has committed to pay up to $10.3 billion over the next 13 years to support PFAS remediation for public water suppliers (PWS) in the US. Now all we have to do is sort out the earplugs and we're done. As I wrote yesterday, the stock is...
Read more
Well, that's great news, and I'm glad to hear it. However, as Marek writes, earplugs will probably be a bigger problem.
Hell, we were writing this at the same time. 😂🙈 Jj I would like to see it higher, especially trying, so hopefully it will show in the numbers.
Great thanks for the recap. This is exactly the information in a few sentences that I needed to get some idea of where Russia stands.
Otherwise the sentence " clear sanctions don't work, wink😉" is great😁.