Skip to main content

Posts

Showing posts from June, 2023

Joby Aviation's Flight-Ready Aircraft: Trading Insights and Analysis

Joby Aviation (JOBY) received a Special Airworthiness Certificate for the first aircraft built at their Pilot Production Line in Marina, California.  This significant milestone allows JOBY to commence flight testing, bringing them one step closer to delivering the world's first-ever electric vertical takeoff and landing (eVTOL) aircraft to a customer. JOBY's collaboration with strategic partner and investor, Toyota (Joby Aviation appoints Toyota CEO Tetsuo Ogawato to board) played a crucial role in the production line and aircraft development.  Stay informed and stay ahead in the trading market.  Watch video to get the technical insights.  Good Trading!  Trading Risk Disclaimer  All the information shared is provided for educational purposes only. Any trades placed upon the reliance of SharperTrades, LLC, are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward in trading stocks, cryptos, commodities, options,

PDCO: A Promising Future for Veterinary and Dental Supplies

Patterson Companies (PDCO), a prominent player in the veterinary and dental supplies industry, is capturing the attention of investors with its outstanding fourth-quarter results.  Check Out Video --> PDCO Price Analysis Surpassing expectations, the company achieved adjusted earnings per share of $0.84 and revenues of $1.72 billion, outperforming projected figures of $0.84 and $1.66 billion, respectively. This exceptional performance can be attributed to Patterson Companies' unwavering commitment to cost reduction initiatives and a strategic product mix, resulting in expanded adjusted gross margins. Patterson Companies' commitment to shareholder value is evident, with $156.8 million returned through dividends and share buybacks during fiscal 2023. Patterson's Dental segment reported sales of $683.5 million, showcasing an impressive 8% year-over-year growth in internal sales. The breakdown reveals positive trends, with consumables experiencing a slight increase of 0.3% ye

From Cloud Success to AI Innovation: Oracle's Journey Unveiled

In an early interview , Clay Magouyrk, the executive vice president for Oracle Cloud, confidently stated that Oracle would be viewed as a cloud company in the next few years.  This prediction has proven true, as Oracle (ORCL)'s shares have soared approximately 110% since then. The company's focus on the cloud has paid off, driving their share price to record highs. Check Out Video --> ORCL Price Analysis The emergence of generative artificial intelligence (AI) has further fueled Oracle's growth. Oracle is expanding its enterprise software lineup by incorporating generative AI features, and it has partnered with Cohere, a startup specializing in large language models. Oracle's recent financial results have been impressive. During the fourth quarter, their cloud application business saw a 45% increase from the previous year, while their cloud infrastructure business experienced a significant 76% growth, accelerating from the previous quarter's 55% growth. As a resu

Kal's Option Trade of the Week - SHOP Short Call Vertical

Hi Traders,  The market has been on a tear up for the last few weeks and volatility is taking a beating. So what's a trader to do? While we prefer higher volatility, when the whole market has no volatility we can still be aggressive if we like. So, as a contrarian, I am still going to Sell something. Specifically in Shopify, which has been near its highs for the last few weeks. We will do that by making a Short Call Vertical trade to bet that it starts to wane over the next weeks. Watch  the video  to get the details. Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must ther

Dave & Buster's Investor Day Highlights Growth Potential and Revenue Opportunities

Dave & Buster (PLAY)'s, a popular entertainment and dining destination, recently presented at an investor day, providing insights into its future plans and growth strategies.  The event generated considerable market enthusiasm, with shares soaring 20% today.  Check Out Video --> PLAY Price Analysis Maintaining Regular Price Growth in Line with Inflation One of the crucial aspects emphasized by Dave & Buster's during the investor day was the company's commitment to maintaining regular price growth in line with inflation. By implementing a simple 1% price increase on games, the company revealed that it has the potential to generate an impressive $11 million increase in revenue. Furthermore, with a remarkable 90% flow through, this price adjustment presents a significant opportunity for growth. Seizing a $10 Million Opportunity Expanding on the potential of price increases, Dave & Buster's highlighted a specific opportunity that could contribute an additiona

Carvana's Big Earnings: Q2 2023 Financial Outlook Signals Remarkable Growth

Carvana (CVNA), the leading e-commerce platform for buying and selling used cars, unveils an impressive financial outlook for Q2 2023.  Anticipating an Adjusted EBITDA above $50 million and a record-breaking Non-GAAP total gross profit per unit, Carvana's performance reflects its commitment to delivering value and driving profitability.  Watch video to get the technical insight.  Good Trading!  Trading Risk Disclaimer  All the information shared is provided for educational purposes only. Any trades placed upon the reliance of SharperTrades, LLC, are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward in trading stocks, cryptos, commodities, options, forex, and other trading securities, there is also a substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades,

Ford Motor Company: Unleashing Potential for Investors

Ford Motor Company (F) has been attracting investor attention recently, and it's worth considering some key factors that may impact its near-term performance.  Over the past two weeks, Ford's stock has outperformed the market, with a return of +18% compared to the S&P 500 composite's +3.8% change.  Technical Analysis If you are a trader, you want to be very precise and methodical when applying your entries and exit strategies. With regards to Ford's shares, price has been building a base above $11 for almost a year. Today, price broke above the multi-month resistance (now support) at $13. If this level continues to hold, we could expect price to move higher over the course of the next few weeks. Check Out Video --> F Price Analysis Fundamental Analysis If you are an investor, when evaluating a company's stock, it's important to consider the fundamental facts that ultimately influence long-term investment decisions, rather than getting caught up in current

Record-Breaking Sales and Surprising Profits Trigger Chewy Breakout

Chewy (CHWY), the renowned pet retailer, recently announced its impressive first-quarter earnings, surpassing analyst estimates and delighting investors.  With remarkable financial results, Chewy continues to demonstrate its dominance in the pet retail industry. In this article, we will look at the details of Chewy's earnings report, exploring the factors that contributed to its success, the implications for the company's future prospects and what the expect moving forward. Check Out Video --> CHWY Price Analysis Beating Expectations Chewy's Q1 earnings report showcased a remarkable feat, as the company posted earnings of 5 cents per share, surpassing Wall Street's expectations of a projected loss of 4 cents per share. This unexpected profitability instilled confidence in investors, leading to a surge of more than 13% in Chewy's stock value on Thursday, and continuing to hold a solid base above $34. Moreover, Chewy's revenue for the quarter amounted to a stag