GBA Presents: THE GREEN MARKET

GBA STOCK REVIEW -THANKSGIVING EDITION-!

-Morgan Stanley starts 'underestimated' Rent The Runway with an Overweight 08:03 RENT

Comment- YES! We hit a Home Run recently with REAL REAL and this si part of the same story-- re using clothes. It has a name The Re-commerce space<---

-BofA starts GlobalFoundries at Buy, sees 40% upside potential » 07:59 GFS

Comment- This must be a recent IPO because no less than five house have all upgraded/ started today! Allbuys<----(of course)

-Wells Fargo also bullish on Rent The Runway, initiates with an Overweight 07:11 RENT As previously reported, Wells Fargo analyst Ike Boruchow initiated coverage of Rent The Runway with an Overweight rating and $22 price target. While the re-commerce space has gained attention over the past few years, the analyst sees Rent The Runway as an attractive opportunity to tap into the disruptive rental sub-sector of the apparel industry. Further, Boruchow thinks the company will benefit from industry growth, company specific efforts to drive trial and repeat users via marketing and category expansion, and most notably, various margin drivers that can drive meaningful scale over time. While the stock at current levels is certainly a "show me story", he does see scale in the business and based on his analysis believes Rent The Runway can begin to generate a profit once its revenue base approaches about $800M.

-Foot Locker risk/reward 'very favorable,' says Citi 06:50 FL Citi analyst Paul Lejuez believes Foot Locker offers a "very favorable" risk/reward profile at current share levels. He keeps a Buy rating on the shares with a $75 price target following Friday's Q3 results. The company's 2021 outlook suggests momentum is continuing into Q4 and that Foot Locker has enough inventory to meet demand, Lejuez tells investors in a research note.

-Rent The Runway initiated with an Outperform at Telsey Advisory 06:37 RENT Telsey Advisory analyst Dana Telsey initiated coverage of Rent The Runway with an Outperform rating and $21 price target.<--- Dana knows her stuff!

-Destination XL Q4 outlook looks beatable, says DA Davidson 07:39 DXLG Following…

Comment- fat men unite! Big & Tall men high five!

-Wallbox initiated with Outperform, $22 target at Baird 07:13 WBX

-Berry Global price target raised to $89 from $84 at Citi 06:21 BERY Citi analyst Anthony Pettinari raised the firm's price target on Berry Global to $89 from $84 and keeps a Buy rating on the shares. The stock overreacted to the "conservative" fiscal 2022 outlook, Pettinari tells investors in a research note. print. Looking to 2022, accelerated share repurchases and greater clarity on capital allocation will likely help the stock, says the analyst.

Comment: Berry was a big winner for us a few threads ago.

-Atai Life Sciences price target raised to $50 from $40 at H.C. Wainwright 06:15 ATAI H.C. Wainwright analyst Patrick Trucchio raised the firm's price target on Atai Life Sciences to $50 from $40 and keeps a Buy rating on the shares post the Q3 results.

-Missfresh initiated with a Buy at Citi 05:58 MF Citi analyst Xiaopo Wei…


-BofA starts Solo Brands at Buy with $28 price target 07:52 DTC BofA analyst Robert Ohmes initiated coverage of Solo Brands with a Buy rating and $28 price target. Solo Brands is a growing direct-to-consumer, or DTC, platform that offers products through a portfolio of Leisure brands, that includes Solo Stove, Chubbies, Isle and Oru Kayaks and he believes Solo Stove should benefit from millennial household formation, Ohmes tells investors. He also sees a large addressable market opportunity of 76M detached single family households in the U.S., where Solo Stove is less than 1% penetrated today, Ohmes added.



https://www.youtube.com/watch?v=PttFmWkQsNI

Comment: This is a very strange company. What next Man Spanx...
 
IDEA OF THE DAY) CFLT

Confluent price target raised to $94 from $49 at Morgan Stanley 18:33 CFLT Morgan Stanley analyst Sanjit Singh raised the firm's price target on Confluent to $94 from $49 and keeps an Equal Weight rating on the shares. The company's early results have been "impressive highlighted" by accelerating revenue and cloud growth, the analyst said in a research note on Friday. Singh sees the move to real time operations as supporting a large and strategic opportunity where Confluent is an early pioneer.

Confluent, Inc. (CFLT)
NasdaqGS - Nasdaq

79.75-0.41 (-0.51%)
At close: November 19 4:00PM EST
81.50+1.75 (+2.19%)
Pre-Market:08:46AM EST

Last Week-
Confluent initiated with Outperform on cloud growth at William Blair 07:20 CFLT William Blair analyst Jason Ader initiated coverage of Confluent with an Outperform rating and no price target. As the main commercial backer of Kafka, Confluent has pioneered a new category in infrastructure software - which the company calls "data in motion," Ader tells investors in a research note. While still less than 30% of revenue, Confluent Cloud is the fastest-growing part of the company's business, says the analyst. The analyst expects Confluent Cloud to drive 30%-plus sustained sales growth for the company.

Confluent has seen immense success as of late. The company has sequentially increased revenue every single quarter since Q4 2019, and it has over 664 customers spending over $100,000, a figure which grew 48% year over year. It's also comforting to know that Confluent's net retention rate has consistently been over 130% in 2021.

The downside to all of this growth is that the company is fueling it by spending heavily. Confluent's Q3 net loss was $96 million; compare that to its $103 million in quarterly revenue. The company also had negative $20 million in free cash flow in Q3.



XPeng Inc. (XPEV)
NYSE - Nasdaq
46.89-0.38 (-0.80%)
At close: November 19 4:00PM EST
47.93+1.04 (+2.22%)
Pre-Market:08:46AM EST
 
Confluent's total addressable market is expected to nearly double from 2021 to $90 billion in 2024, and the company wants to spend now and acquire customers before the market explodes. Confluent has had success with this strategy, and it's looking like it could pay off as the market grows over the next three years.

Confluent is the market leader in this space, beating out other Kafka-managed services because of its visionary leadership. It also beats out non-Kafka services, for Kafkaisthe industry standard: 70% of the Fortune 500 use Apache Kafka.
 
:rolleyes: RushBet partners with LaLiga in Colombia 08:39 RSI RushBet, the sportsbook in Colombia operated by Rush Street Interactive, has teamed up with LaLiga to become the prominent Spanish soccer league's exclusive wagering partner in Colombia. The deal enables RushBet to co-brand with the two top divisions of LaLiga - LaLiga Santander and LaLiga Smartbank. RushBet may use all LaLiga IP, including team logos and jerseys, as well as have certain LaLiga players. :rolleyes:
 
Ruh Roe---- Gummy Mistake-!

Folks those who have followed my work here for along time probably see a pattern. At times I give up on gummys too quick. ASAN was a HUGE mistake for me that stock never stopped and added like $45!!!. and there have been others that took a day or two off and then re fired up and I haven't been able to figure out a system that identifies those names-- the ones that will keep going.. that may be the hardest part of investing.

But last week we Gummid-> I forget where to where-- INVZ damn stk caught huge Fri VOLUME indicating this thing is not going to stop! I have to think about this!

Innoviz Technologies Ltd. (INVZ)<----------WATCH-!
NasdaqCM - NasdaqCM
7.30+0.59 (+8.79%)
At close: November 19 4:00PM EST
7.93 +0.63 (+8.63%)
Pre-Market: 09:13AM EST
 
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