GBA Presents: THE GREEN MARKET

ADDING FIVE BELOW VAN! UNLESS YOU WANT IT---- Not sure about this reasoning....

Five Below rallies after Morgan Stanley points to compelling entry point


  • Five Below(NASDAQ:FIVE) rallies after Morgan Stanley upgrades the retailer to an Overweight rating after having it slotted at Equal-weight.
  • Analyst Simeon Gutman and team point to a compelling opportunity to buy a top retail growth story at a discounted valuation. FIVE currently trades at 30X the firm's estimated 2022 price-earnings ratio.
  • "Bigger picture, FIVE is a high quality, high growth compounder (high teens top/bottom line growth algorithm) with a differentiated, defensible value proposition. We have long been structurally bullish on the business and inclined to get more positive on pullbacks."
  • A crucial pullout from the Morgan Stanley note is that the firm left a meeting with FIVE management confident in the retailer's ability to manage the tricky freight backdrop.
  • Shares of Five Below (FIVE) are up 3.84% premarket after gaining 5.27% yesterday. FIVE still trades below its 50-day, 100-day and 200-day moving averages.
 
Brickell Biotech up 23% on results from phase 3 study for excessive underarm sweating
medium_image_583994456.jpg



 
Might Be Time For levis--

Levi Strauss rallies after growing margins despite inflation, supply chain pressures
  • Levi Strauss(NYSE:LEVI) impresses Evercore ISI with a quarter that showed higher operating margin than the pre-pandemic level in 2019 even with inflation headwinds in place.
  • "Fears that supply chain bottlenecks and cost inflation would cause Levi's to miss sales and earnings expectations and lower guidance (a la NKE and BBBY) proved to be unfounded as the denim juggernaut grew sales 3% (vs. cons +1%), delivered a multi-decade high 14.8% EBIT margin, and raised guidance," notes analyst Omar Saad on the big report.
  • Evercore ISI keeps an Outperform rating on LEVI in place and price target of $40 (65% upside potential).
  • Shares of LEVI are up 4.17% premarket.
  • One of the conference call highlights was CEO Chip Bergh on the new Beyond Yoga brand set to bring in revenue for Levi Strauss (LEVI).
 
Still haven't tried one but it's time to add--

Celsius Holdings, Inc. (CELH)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD

94.46-0.46 (-0.48%)
At close: October 6 4:00PM EDT
96.46+2.00 (+2.12%)
Pre-Market:08:19AM EDT
 
One question for today is how this news:

Michael Dell-backed Life Time Group sets IPO terms that could value gym chain at $4.2B- might affect Xponential Fitness
XPOF
12.33
-0.56(-4.34%)




  • Life Time Group Holdings (LTH) − an upscale gym chain whose backers include billionaires Michael Dell, David Bonderman and James Coulter − disclosed details Wednesday for an IPO that could value the firm at up to $4.2B.
  • The company, which had been publicly traded until 2015, wrote in a revised S-1 filing with the U.S. Securities Exchange Commission that it plans to return to the market by offering 46.2M shares at an expected $18-$21/share range.
  • Life Time, which intends to list on the New York Stock Exchange under the ticker symbol “LTH,” added that it also granted underwriters the option to buy an extra 6.9M shares for overallotments.
  • All told, the firm expects to have about 198.1M shares outstanding following the initial public offering. That will value LTH at about $3.6B to $4.2B on a non-diluted basis, depending on where the IPO prices within its expected range.
  • Life Time (LTH) has more than 150 of what it calls “athletic resorts” spread across 29 U.S. states and one Canadian province. The company boasts that the gyms feature top-of-the-line equipment, pools tennis courts, spas, cafes and more.
  • LTH also offers online exercise classes and has developed apartment complexes and co-working spaces around some of its gyms. All told, the business had some 1.4M members as of July 31.
  • “I founded Life Time nearly 30 years ago to create happy and healthy communities – places of unmatched size, scope, quality, architecture and design that the entire family could enjoy together – and meet all of their health and well-being needs conveniently under one roof,” Chairman and CEO Bahram Akradi wrote in a letter accompanying the company’s S-1.
  • LTH expects to net $846.5M if its IPO prices at a midpoint $19.50 a share. The company wrote in its S-1 that it intends to use $748M of that to pay down debt, with most of the rest going toward working capital and general corporate purposes.
  • As for financials, the chain reported falling revenues and big losses in 2020 during the pandemic, but added that revenues rebounded 17.9% year on year in 2021’s first half to reach $572.5M.
  • However, LTH also saw declining memberships during the first half, while higher interest and operating expenses drove the firm’s net loss up 25.5% year over year to $229.2M:
XPOF?

Lets re check their financials. If they are not losing as much as this might look better in retrospect.
 
IMAX Can't watch anymore!~ had this at $16 folks....
IMAX Corporation
20.95
-0.04(-0.19%)
4:00 PM 10/06/21
Post-Market:$21.00+0.05(+0.24%)7:33 PM

SONO This one I'm a bit more iffy on. Down 23% 1 month<--
Sonos, Inc.
31.11
-0.45(-1.43%)
4:00 PM 10/06/21
Pre-Market:$31.75+0.64(+2.06%)8:25 AM

Positive- SONO buyers have been willing to wait for product.

Neg. Supply chain disruption must surround this co.
 
vanzandt said:
Pre-market Gummy Idea
Lamb-Weston
Frozen potato products and other appetizers.
Beat down, I think everything is priced in. All institutional ownership.
They report earnings here in a bit.

$LW<--------- $62.34
Wait for the open, use a buy order around $59.20
More...
$57's a steal.
Get it.
 
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