GBA Presents: THE GREEN MARKET
- Thread starter stonedinvestor
- Start date
gummybear advisors is incredibly saddened by the death of imagined Board Member Clark Gillies. The news struck hard. Clark was there when we started our run here at ET with the Phantasma thread. There every step of the way. This is a terrible blow.
<<THE CLARK GILLIES MORNING REVIEW>>
Prologis price target raised to $170 from $164 at RBC Capital 09:33 PLD
Hamid is a cool CEO. This is a strong company for now.
IRA WATCH LIST> PLD
CF Industries price target raised to $75 from $73 at RBC Capital 09:31 CF RBC Capital analyst Andrew Wong raised the firm's price target on CF Industries to $75 from $73 but keeps a Sector Perform rating on the shares. The analyst states that he expects a solid quarter and positive outlook from CF, supported by strong nitrogen market fundamentals, but his neutral stance reflects greater variability in nitrogen prices and a relative valuation view to his other fertilizer coverage.
Bank OZK price target raised to $53 from $48 at Truist 09:01 OZK Truist analyst Jennifer Demba raised the firm's price target on Bank OZK to $53 from $48 but keeps a Hold rating on the shares after its Q4 earnings beat. The company's healthy lending pipelines and asset sensitivity should offset elevated loan paydowns and inflationary wage pressure, but shares are still close to fairly valued, the analyst tells investors in a research note.
Fluidigm announces $250M capital infusion from Casdin Capital, Viking Global 08:41 FLDM, DHR Fluidigm (FLDM)
Nano Dimension establishes AME NanoLab Facility with TTM Technologies 08:36 NNDM, TTMI Nano Dimension (NNDM) announced a collaboration with TTM Technologies (TTMI) to open its first AME NanoLab at TTM's Advanced Manufacturing Center in Stafford Springs, CT. The AME NanoLab Network will enable customers and researchers to actively experience the complete AME workflow in two steps, from design to final prototype. This network of labs will allow clients to take advantage of the latest DragonFly IV 3D-Printer and FLIGHT software from Nano Dimension. Experts will be on hand to work one-on-one with defense, aviation, aerospace, medical, advanced industrial, and research users to support them in accelerating the development cycles for novel electronic products. By launching the first site, named AME NanoLab@TTM, Nano Dimension and TTM intend to drive growth and new capabilities in the AME market. The alliance will draw upon TTM's expertise in the printed circuit board industry and deliver innovations and solutions using advanced composition and manufacturing techniques. TTM already owns and operates three Nano Dimension DragonFly systems at its Advanced Manufacturing Center. The AME NanoLab @ TTM, and the launch of additional AME NanoLab Network sites in the future, will spearhead the ongoing development of new specifications related to IPC, MILSPEC, and Automotive and will work toward creating new AME standards within the United States. Customers will also receive critical training and consulting on their applications and use cases.
CubeSmart called 'favorite storage name' at Stifel after management meeting 08:32 CUBE
https://www.youtube.com/watch?v=pMyJQc_12ek
Snap downgraded to Neutral at Wedbush on IDFA headwinds, increasing competition 06:44 SNAP
Snap Inc. (SNAP)-- Folks GBA SHORT POSITION IS WRAPPING UP... It hit my target. I done good for everyone.
29.77-2.35(-7.32%)
As of 10:06AM EST.
Prologis price target raised to $170 from $164 at RBC Capital 09:33 PLD
Hamid is a cool CEO. This is a strong company for now.
CF Industries price target raised to $75 from $73 at RBC Capital 09:31 CF RBC Capital analyst Andrew Wong raised the firm's price target on CF Industries to $75 from $73 but keeps a Sector Perform rating on the shares. The analyst states that he expects a solid quarter and positive outlook from CF, supported by strong nitrogen market fundamentals, but his neutral stance reflects greater variability in nitrogen prices and a relative valuation view to his other fertilizer coverage.
Bank OZK price target raised to $53 from $48 at Truist 09:01 OZK Truist analyst Jennifer Demba raised the firm's price target on Bank OZK to $53 from $48 but keeps a Hold rating on the shares after its Q4 earnings beat. The company's healthy lending pipelines and asset sensitivity should offset elevated loan paydowns and inflationary wage pressure, but shares are still close to fairly valued, the analyst tells investors in a research note.
Fluidigm announces $250M capital infusion from Casdin Capital, Viking Global 08:41 FLDM, DHR Fluidigm (FLDM)
Nano Dimension establishes AME NanoLab Facility with TTM Technologies 08:36 NNDM, TTMI Nano Dimension (NNDM) announced a collaboration with TTM Technologies (TTMI) to open its first AME NanoLab at TTM's Advanced Manufacturing Center in Stafford Springs, CT. The AME NanoLab Network will enable customers and researchers to actively experience the complete AME workflow in two steps, from design to final prototype. This network of labs will allow clients to take advantage of the latest DragonFly IV 3D-Printer and FLIGHT software from Nano Dimension. Experts will be on hand to work one-on-one with defense, aviation, aerospace, medical, advanced industrial, and research users to support them in accelerating the development cycles for novel electronic products. By launching the first site, named AME NanoLab@TTM, Nano Dimension and TTM intend to drive growth and new capabilities in the AME market. The alliance will draw upon TTM's expertise in the printed circuit board industry and deliver innovations and solutions using advanced composition and manufacturing techniques. TTM already owns and operates three Nano Dimension DragonFly systems at its Advanced Manufacturing Center. The AME NanoLab @ TTM, and the launch of additional AME NanoLab Network sites in the future, will spearhead the ongoing development of new specifications related to IPC, MILSPEC, and Automotive and will work toward creating new AME standards within the United States. Customers will also receive critical training and consulting on their applications and use cases.
CubeSmart called 'favorite storage name' at Stifel after management meeting 08:32 CUBE
https://www.youtube.com/watch?v=pMyJQc_12ek
Snap downgraded to Neutral at Wedbush on IDFA headwinds, increasing competition 06:44 SNAP
Snap Inc. (SNAP)-- Folks GBA SHORT POSITION IS WRAPPING UP... It hit my target. I done good for everyone.
29.77-2.35(-7.32%)
As of 10:06AM EST.
- Associated: GBA upgrades SNAP to neutral.
2 Stocks that do not want to go lower-
A)Itron, Inc. (ITRI)
58.19-0.31(-0.53%)
B)Chewy, Inc. (CHWY)-
38.25+0.20(+0.53%)
Steel Dynamics(NASDAQ:STLD) is a relatively new steel company, founded in just 1993 and dedicated to modern electric arc furnaces that use recycled scrap metal with the latest technology. Because of its environmentally friendly, low-cost business model, Steel Dynamics has achieved above-average utilization and positive free cash flow every year over the past decade except 2020, which was obviously an extraordinary year. Yet even 2020 would have been free cash flow positive had the company not been building its brand new flat roll mill in Texas.
By the way, that flat-roll mill, which took three years and $2 billion to build, just came online in the fourth quarter of 2021 and will increase Steel Dynamics' future production by about 25%. With increased steel capacity and those elevated capital expenditures now behind the company, look for Steel Dynamics to generate even more free cash flow than its recent past.
From 2015 through 2020, Steel Dynamics averaged $1.2 billion in free cash flow, adjusted for the increased investments in the new Texas plant. Through the first three quarters of the boom year of 2021, Steel Dynamics had already generated more than $2.3 billion in free cash flow and would have reached $3.3 billion had it not been for the final spending on the Texas plant.
That's against a market cap of just $11.7 billion today. And even though prices have moderated from their summer highs, Steel Dynamics still trades at only 4.7 times next year's earnings estimates. Meanwhile, the company is striking a nice balance between debt paydowns, share repurchases, and a dividend that currently yields 1.74%. However, on the recent conference call with analysts, CFO Theresa Wagler hinted that the dividend could be raised in early 2022, although she didn't commit to any specifics.<----------
A)Itron, Inc. (ITRI)
58.19-0.31(-0.53%)
B)Chewy, Inc. (CHWY)-
38.25+0.20(+0.53%)
Steel Dynamics(NASDAQ:STLD) is a relatively new steel company, founded in just 1993 and dedicated to modern electric arc furnaces that use recycled scrap metal with the latest technology. Because of its environmentally friendly, low-cost business model, Steel Dynamics has achieved above-average utilization and positive free cash flow every year over the past decade except 2020, which was obviously an extraordinary year. Yet even 2020 would have been free cash flow positive had the company not been building its brand new flat roll mill in Texas.
By the way, that flat-roll mill, which took three years and $2 billion to build, just came online in the fourth quarter of 2021 and will increase Steel Dynamics' future production by about 25%. With increased steel capacity and those elevated capital expenditures now behind the company, look for Steel Dynamics to generate even more free cash flow than its recent past.
From 2015 through 2020, Steel Dynamics averaged $1.2 billion in free cash flow, adjusted for the increased investments in the new Texas plant. Through the first three quarters of the boom year of 2021, Steel Dynamics had already generated more than $2.3 billion in free cash flow and would have reached $3.3 billion had it not been for the final spending on the Texas plant.
That's against a market cap of just $11.7 billion today. And even though prices have moderated from their summer highs, Steel Dynamics still trades at only 4.7 times next year's earnings estimates. Meanwhile, the company is striking a nice balance between debt paydowns, share repurchases, and a dividend that currently yields 1.74%. However, on the recent conference call with analysts, CFO Theresa Wagler hinted that the dividend could be raised in early 2022, although she didn't commit to any specifics.<----------
AZO-$ 1,907.94 -1.7%
LW-$63.46 - 2%
CNHI-$14.77 -5%
REXR-$70.06 -3.4%
CRWD-$153.04 -7%
VERDICT-
Lamb Weston Holdings, Inc. (LW) looks best.
NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
https://finance.yahoo.com/chart/LW?studies=Visitor Trend&ncid=dcm_306158729_490172245_127172993
63.65-1.16(-1.79%)
As of 10:23AM EST.
Splunk upgraded at BTIG, sees 35% upside from current levels
Jan. 24, 2022 10:32 AM ETSplunk Inc. (SPLK)
Splunk On My Chin....
Jan. 24, 2022 10:32 AM ETSplunk Inc. (SPLK)
Splunk On My Chin....
- Splunk (NASDAQ:SPLK) is getting an upgrade from BTIG, with the investment firm noting that recent channel checks are "improving" and the company is "turning a corner with its cloud product and observability platform."
- Analyst Gray Powell raised his rating to buy with a $155 price target, 35% higher than current levels, noting that the San Francisco-based software company has a "few dynamics" that could help move the stock higher with a higher trading multiple.
- "Specifically, we like the accelerated mix shift to cloud," Powell wrote in a note to clients. "We also see potential for GAAP revenue to better align with ARR trends going forward. And we think Street models significantly underestimate the potential for SPLK’s free cash flow and Rule of 40 score to inflect higher in FY23. If we are right on any of these factors, then SPLK likely deserves a higher multiple than its current ~5.5x 2023E EV/recurring sales vs. closest peers at 7.0x."
- BAE Systems (OTCPK:BAESY) has won a U.S. Marine Corps (USMC) contract modification for the second lot of full-rate production amphibious combat vehicles (ACVs).
- The first full-rate ACV production Lot 1 contract option was awarded in December 2020, covering 36 vehicles. A second option for another 36 vehicles in the first lot was awarded in February 2021.
- The company is already contracted to deliver two ACV variants to the USMC: the ACV command variant (ACV-C) and ACV personnel variant (ACV-P). It also has a design and development contract for a 30mm cannon variant and recovery vehicle variant.