HenryHoward
HenryHoward
No personal profile
2Follow
105Followers
0Topic
0Badge
avatarHenryHoward
2022-07-14

Is Exela Technologies A Buy, Sell, Or Hold? For Investors With Aggressive Risk Appetite

IntroductionExela Technologies Inc. (NASDAQ:XELA) is a well-known player in the global business process management solutions market which is estimated to be worth over$200bn(TAM). The company’s raison d'etre is to streamline complex and disconnectedprocesses and accelerate the digital transformation of over 4000+ global clients. The company has solid pedigree and credentials in this space and is one of the leading global providers of digital mailroom solutions; it is also one of the largest "non-bank" processors of payments.The company is also fairly diversified in its end market exposure- banking accounts for 27% of group revenue, healthcare accounts for 23%, insurance accounts for 10%, public sector accounts for 9%, and the rest comes from areas such as manufacturing and tech, legal, etc
Is Exela Technologies A Buy, Sell, Or Hold? For Investors With Aggressive Risk Appetite
avatarHenryHoward
2022-06-15

Is Bank Of America A Good Stock To Buy During The Market Dip?

You'd think that Bank of America (NYSE:BAC) would be just the perfect stock for this environment, given the rising interest rate environment. However, the stock is still trading at a modest price to earnings multiple, even as thecompany continues to reward shareholders through generous share repurchases and dividends. While that earnings multiple is in line with the conservatism seen since the Great Financial Crisis, I have the opinion that over time, the share repurchases should eventually lead to multiple expansion. This is a stock worth buying on any dip.BAC Stock PricePrior to the Great Financial Crisis, BAC stock traded higher than $50 per share. It is impressive if not surprising that the stock has recently come close to former levels, as the strong growth since then has helped overc
Is Bank Of America A Good Stock To Buy During The Market Dip?
avatarHenryHoward
2022-06-27
This is a dedicated price action analysis of AMD stock. We observed that AMD stock has moved into a decisive bearish bias for the first time in over five years.We observed that the market formed two bull traps in March and June, as it rejected further buying momentum. However, a potential bear trap could form at the current bottom.Our reverse cash flow valuation model indicates that the market could be preparing for a steeper sell-off to moderate its valuation, given slower topline growth.Therefore, we revise our rating from Strong Buy to Buy. However, given its bearish bias and the market's rejection of buying momentum, we urge investors to layer in with caution at the current levels.
avatarHenryHoward
2022-06-23

Sea Limited: The Worst Is Over As Signs Of Stabilization Emerge

SummaryShopee ASEAN and Taiwan saw meaningful improvement in adjusted EBITDA loss due to improved unit economics and is on track to achieve break-even by end 2022.Shopee Brazil continues to see strong momentum in terms of monthly active users, downloads and time spent, and unit economics improved as order growth continued.Garena remains focused on user engagement of Free Fire, which is showing signs of stabilization as the weekly revenues for Free Fire may have bottomed in April.My target price for Sea is $173, implying an upside of 116%.iPhone 7 showing its screen with Shopee, Lazada and other online shopping application icon.Sea Limited (NYSE:NYSE:SE) recently reported its 1Q22 and while the company has taken a beating, this set of results suggest that the worst may be over. We are start
Sea Limited: The Worst Is Over As Signs Of Stabilization Emerge
avatarHenryHoward
2022-08-11

SoFi: Sell The Dead Cat Bounce

SoFi Technologies, Inc. (NASDAQ:SOFI) saw its stock price rise by 25% following better-than-expected 2Q-22 earnings, but the factors driving the surge are weak and do not justify last week's gains.SoFi Technologies is still trading at an inflated salesmultiple and was only profitable on an adjusted EBITDA basis in the second quarter.Despite unjustified market exuberance following earnings, I maintainmy price target of $3.50for SoFi Technologies' stock.Platform Is Growing, But Growth Is Not EverythingSoFi Technologies increased the number of member accounts on its platform in the second quarter. As of June 30, 2022, the company had 4.32 million members using its products and services, implying that SoFi Technologies added 450K new members in the previous quarter.According to SoFi Techn
SoFi: Sell The Dead Cat Bounce
avatarHenryHoward
2022-05-13
Lordstown Motors' shares dropped post-results announcement despite narrower-than-expected losses and a confirmation that its production timeline for the Endurance stays the same as what was guided earlier. The fall in RIDE's stock price was attributable to concerns about the company's ability to conclude the contract manufacturing deal with Foxconn. Lordstown Motor is a Sell in 2022, as there is no certainty that it will be able to secure the financing it needs to commence production in Q3 2022.
avatarHenryHoward
2022-08-01
Being fearful about investing today is understandable, given the many risk factors that range from macroeconomic to geopolitical.ProShares Ultra VIX Short-Term Futures ETF might make sense for short-term peace of mind. But only certain traders should get involved.I still see the case for including a VIX fund in a diversified portfolio, but UVXY would not be my instrument of choice.
avatarHenryHoward
2022-04-24

Rivian: Back In Bargain Territory

Rivian Automotive, Inc. (NASDAQ:RIVN), a manufacturer of electric vehicles, provided an update on 1Q-22 production accomplishments this week. The automaker produced 2,553 electric vehicles in the first quarter at its Illinois manufacturing facility and plans to rampup production aggressively for the rest of the year. Despite the fact that Rivian has reduced its 2022 production forecast to just 25K electric vehicles, the company's order book value is rapidly growing, and the company's sales potential appears to be undervalued. Things Are Moving Forward For Rivian Automotive Rivian Automotive's initial public offering (IPO) was not a huge success for shareholders, at least not for those who bought the stock early and held it until today. Rivian Automotive IPOed last year at $78 per share, se
Rivian: Back In Bargain Territory
avatarHenryHoward
2022-05-24
Our end-CY22F target price for SIA remains at S$5.88, still based on an unchanged target P/BV multiple of 1.06x (1 standard deviation above the mean since 2011 of 0.93x), applied to the end-FY23F adjusted BVPS. We use a P/BV that is above the mean to reflect our optimism over the meaningful reopening of international travel markets by mid-CY22F. Valuing SIA at a P/BV mean of 0.93x (since 2011) yields a fair value per share of S$5.16.
avatarHenryHoward
2022-07-29

Mullen: A Force In The Making

A lot has happened since my previousarticleon Mullen Automotive, Inc. (NASDAQ:MULN) dated 14 June 2022. The good news is that the positive catalysts keep on piling up. The bad news is that things are moving slowerthan investors want.Please note that all dates in this article are for 2022 unless otherwise stated.In my previous article, I outlined a number of positive catalysts regarding Mullen including the Fortune 500 order, impressive battery test results, deals with OEMs (Original Equipment Manufacturers), progress on fundraising efforts, and inclusion in the Russell 2000/3000 Indexes. Let's see where we stand regarding the aforementioned catalysts and also go over some new ones.Fortune 500 OrderIn a March interview on Benzinga, David Michery (Mullen's CEO)announcedthat he struck a signi
Mullen: A Force In The Making

Go to Tiger App to see more news