Today we have a speculative idea: take shares of the manufacturer of software for car dealers Open Lending (NASDAQ: LPRO), in order to make money on the expected growth of the company's business. Growth potential and validity: 20% behind 14 Months; 11% per year for 15 years. Why stocks can go up: there is a strong demand for the company's software.
Today we have a very speculative idea: take shares of the fintech service Upstart Holdings (NASDAQ: UPST), in order to make money on the growth of demand for the company's software. Growth potential and validity: 28% behind 17 Months; 66% during 5 years; 13% per annum during 15 years. Why stocks can go up: The company's software will be in high demand.
Royal Bank of Canada (NYSE: RY) is the largest Canadian bank with a market capitalization of more than 140 billion US dollars. The company operates in 34 countries, in addition to Canada and the United States, and serves more than 17 million customers.
Investment company-activist Mantle Ridge bought about 6% shares of Dollar Tree and intends to change the pricing policy of the store. On the news, DLTR shares exceeded the historical maximum and rose by 14%, to 129 $. Who is Dollar Tree - a network of cheap stores, where most of the goods are 1 $. And Mantle Ridge is an active investor.
According to CoinShares report, last week, investment products based on digital assets attracted $151 million. Although the results are lower than previous weeks, but the level remains quite high and the main tone is set by BTC funds As reported, total inflow of funds to cryptocurrency funds decreased for the fourth week in a row.
There are two management companies in Europe, who have crossed or approached the barrier in $1 trillion assets under management – this is the French Amundi SA (€1.8 trillion) and German DWS GmbH (€880 B). And the competition between them is only growing..
Bloomberg Intelligence strategist Mike McGlone noted, that cryptocurrency has one big advantage over the stock market He compares the S index&P 500 with digital asset index, tracking the top 10 largest and most liquid crypto assets.
Meat maker Tyson Foods publishes financial report for the fourth quarter of fiscal year 2021. Compared to the same quarter last year: revenue increased by 12%, up to $12.8 billion; operating profit increased by 98%, up to 1.9 billion; net profit increased by 107%, up to 1.4 billion.
Cameco Corporation (NYSE: CCJ) - Canadian uranium company, products of which are used by nuclear enterprises in 15 countries. The company's nuclear capacity is one of the highest in the world., it has to 7% in global uranium production and 24% in primary fuel processing. About the industry 2010-2020.
Novatek (MCX: NVTK) — one of the largest producers of natural gas in Russia. 27 In October, the company published financial statements on the results of the first 9 months of this year.