Tag: Stocks

I last talked about StoneCo Ltd. one month ago and how they were the Paypal/Square of Brazil providing financial technology solutions that empower merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.

StoneCo Ltd. The Square Of Brazil

StoneCo, recently went public last October and so I thought StoneCo was just getting started, suggesting to go long at $31, but the stock price broke the 4 hr demand zone at $31, which prompted me to dug into the matter a bit more.

In this case, the plunge appears to be triggered by a move from a

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.

Lockheed reported first quarter earnings today.  Lockheed reported earnings of $5.99 per vs. $4.02 per share, one year earlier. Also, Lockheed’s net sales for the quarter rose 23% to $14.34 billion. Thanks to President Trump and his loose policies on foreign arms sales, Lockheed raised their forecast for 2019, which is ahead of Wall Street Estimates. 

For example, the United States is considering expanding sales of Lockheed-made F-35 fighter jets to five new nations including Romania, Greece

D.R. Horton, Inc. operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Home.

Last week, Susquehanna Financial Group analyst Jack Micenko downgraded D.R. Horton rating the company Neutral from Positive.

Yesterday, the homebuilder stocks declined after sales of previously owned U.S. homes fell more than forecast in March.  The reported

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company that services construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.  Through United Rental a company can rent backhoes, forklifts, earthmoving equipment, and material handling equipment, scissor lifts, crossing plates, line testing equipment for underground work, electrical distribution equipment, etc.

So you see, like Caterpillar, United Rentals is a great barometer of the economy.  United Rentals reported earnings last week and earned $3.31 / share for the fourth quarter which beat estimates. Revenue also rose 22% compared to the fourth quarter last year.  Probably more important, United

I spoke about Skechers a little under a month ago,

Skechers’ Upgrade Equated To A Sell Opportunity

In a note to clients, Susquehanna Research analyst Sam Poser upgraded the company to positive from neutral and raised his target price on the stock to $37 from $32, noting that his check-ins at various retail locations and also recent results from wholesalers point to stronger demand for the company’s products.So, although Skechers got upgrade and although the price rose 3% on the news, it was actually an opportunity to short the stock as suggested by the daily supply at $34 with a price target

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. Its da Vinci Surgical System transforms the surgeon’s natural hand movements outside the body into corresponding micro-movements inside the patient’s body.

Intuitive Surgical is kind of near and dear to my heart. When I feel in love with the Stock Market back in the early 2000s. Intuitive Surgical was one of the first stocks I started to follow. I knew it had potential, but never invested in the stock and periodically just would keep my eye on their progress.

Intuitive Surgical announced earnings on