GBA Presents: House of Gummy-!

SWING TRADE LOADING DOCK->


RELL Richardson Electronics, Ltd.


$18.85 0.37 (+2.00%)1:37 PM 06/08/23
NASDAQ | $USD | Realtime
Stoney,
I'm 100% serious. I like RELL down here at $10.

Lets give Stoney a beaten down winning stock pick for turbulent times with an RSI of 35.
Better yet... Lets give him a 2-bagger option play.

RELL Oct $10 calls @ $1.20 :sneaky:
 
Richardson Electronics last issued its quarterly earnings data on July 19th, 2023. The technology company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.08. The business had revenue of $58.83 million for the quarter, compared to the consensus estimate of $61.50 million. Richardson Electronics has generated $1.55 earnings per share over the last year ($1.55 diluted earnings per share) and currently has a price-to-earnings ratio of 7.0. Earnings for Richardson Electronics are expected to grow by 94.85% in the coming year, from $0.97 to $1.89 per share. :wtf:

All that, and a 2.2% dividend to boot.

Not any insider buys however. :mad:
 
BlackRock increased its ownership by 240% last quarter. They own 5.72% of the company

8/11/2023 BlackRock Inc. 815,076 $13.45M 0.0% +240.9% 5.724%

State Street increased its position too, albeit only a 1.1% ownership.

8/14/2023 State Street Corp 157,175 $2.59M 0.0% +259.5% 1.104%
 
GET THIS--

DEEP DIVE-

But where the Sphere would make bank is with a naming sponsor, which could reportedly be worth more than $100 million. And for any company out there looking to make history on the Strip, opportunity knocks.




Sponsorship deal Next-?

They need something after this U2 concert.


SPHR Sphere Entertainment Co.

$42.03 +4.87(+13.11%)2:27 PM 10/02/23
NYSE |$USD |Realtime
 
Any word on the collapse in utility stocks?

I have a small position in UTG from years ago but that's it.



Thank you for bringing this to my attention.

Higher yields bad for high yield stks? I would imagine any weakness has partially to do with that-

Power grid? Hawaii Global warming this may just be tough times to be a utility. Then you get blamed when everything catches on fire.
 
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