Our Sell thesis on Novavax stock played out well in May, falling 30% to its June bottom. However, a rapid run-up from June's oversold zones has overturned it.However, we postulate that its rapid surge is likely unsustainable, given its price structures. Notwithstanding, a bull trap has yet to form.We posit that the recent revival in the biotech space could have lifted sentiments in NVAX, given similar price surges. But, the IBB ETF remains in a bearish bias.Therefore, we reiterate our Sell rating on NVAX. We encourage investors to use the recent surge to cut exposure. However, investors should wait for a bull trap before executing a bearish set-up.

With the third quarter earnings season drawing to a close, retailers have had a rough go of it. Inventory bloat, supply chain constraints, and heavy inflationary pressures have combined with cautious consumer spending to create a perfect storm of ugliness whenit comes to retailer earnings.The GameStop (NYSE:GME) saga from early 2021 will be an epic story for all-time when it comes to market history. But those clinging to the hope that - two years on - we're going to have another massive short squeeze rally are sadly mistaken, in my view.If that's the case, and no "MOASS" version two is coming, what's left for GameStop? As far as I can tell, not much. The last time IcoveredGameStop, I said the second quarter report highlighted longer-term issues, and that the stock was a sell in r

Investors looking for stocks in the Internet - Content sector might want to consider either Tencent Music Entertainment Group Sponsored ADR (TME$Tencent Music(TME)$ ) or RELX PLC (RELX$Relx PLC(RELX)$ ). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.Both Tencent Music Entertainment Group Spo

Lucid Group is 62.7% owned by PIF, one of the world’s largest and highest credit-rated sovereign wealth funds. Lucid Group should have an A3 investment-grade credit rating equivalent, which would be the highest-rated US carmaker credit. Amidst recent price lows, the market has missed the tremendous implications of Lucid’s financial strength and “Tesla killer” technological advantages. With PIF backing and Lucid’s $40 billion market cap, Lucid should buy into several carmakers like Mazda and Aston Martin and transfer Lucid’s technology. Lucid has a clear-cut path to emulate Tesla’s long-term growth, but trades at a paltry 3.8% of Tesla’s current market cap.

zoff-photo/iStock via Getty ImagesMullen Automotive (NASDAQ:MULN$Mullen Automotive(MULN)$ ) is rallying strongly after a near year-long decline of its commons. The reasons for the decline were clear; cash burn, dilution, and rising Fed fund rates. However, this narrative is quickly changing, especially from a macro perspective. Interest rates are only set for two 25 basis point hikes and an unbelievably resilient US economy has set the backdrop for a soft landing. The IMF is now stating US GDP will grow by at least 1.4% this year.Mullen's commons are up around 117% from their November lows, reflecting broadly energized stock market sentiment and EV animal spirits. This has placed in view the year ahead and whether the EV upstart wil

Overview of GrabGRAB Investor Day PresentationGrab$Grab Holdings(GRAB)$ prides itself on being Southeast Asia's leading super-app. It provides everyday services like food and grocery deliveries, mobility, financial services, and more. In ashort 10 years, the company has grown its footprint from one city to across most of Southeast Asia, covering eight countries and more than 480 cities and counting. Despite having roots in Kuala Lumpur in Malaysia, Singapore has today become the largest revenue contributor to Grab.GRAB Investor Day PresentationGRAB Investor Day PresentationEven after this tremendous growth over the past 10 years, Grab is still in the early stages. Primary markets where Grab competes in continue to have tremendous development poten

LRCX maintains robust demand, but supply chain disruptions are causing big trouble.The Service Business outperformance provides a positive outlook for coming quarters.Strong EPS growth in last 5 years at 24.7% CAGR likely to continue in FY22 and FY23.I assign a hold rating for LRCX after analyzing all the growth and risk factors.

Magic Empire Global Limited (NASDAQ:MEGL) is a recent Nasdaq IPO that achieved 5 minutes of fame with its meteoric 60x return from IPO price in a matter of days. However, investors who bought on the first few days of trading aresitting on catastrophic losses. This article looks at this particular transaction and highlights multiple red flags. Hopefully, this will help investors identify and avoid these overhyped IPOs in the future.Company BackgroundMagic Empire Global Limited is a financial services firm based in Hong Kong. They primarily provide corporate finance advisory and underwriting services such as IPO sponsorship, financial advisory (mergers, acquisitions, and divestitures), underwriting (global coordinator, bookrunner, underwriter, etc.) and compliance advisory.Since the firm's e

TwitterYou already know that two months ago, Twitter (NYSE:TWTR) agreed to Elon Musk's $44B, or $54.20/share buyout offer.You already know that ever since this agreement, Musk is trying to get himself a better deal by describing Twitter bots as "very suspicious" and demanding "bot transparency" without which (he threatens) the deal can't move forward.What you may not know is that Musk can claim whatever he wants, but the (legal) reality ishe can't walk away from the Twitter deal that easily as it might sound (listening to what he says).Why so?1) Legal aspect: Musk's lawyers claim that "This is a clear material breach of Twitter's obligations, actively resisting and thwarting his information rights" but the agreement doesn't require Twitter to provide deta