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Bajaj Finance - Management Quality & Economic MoatNSE:BAJFINANCE Bajaj Finance Ltd, one of India's largest and most diversified Non-Banking Financial Companies (NBFCs), has exhibited robust management quality and developed a significant economic moat in the financial services sector. Management Quality: Strategic Growth: Bajaj Finance Ltd has shown a consistent focus on strategic growth and resilience, particularly evident during the COVID-19 pandemic. Despite the disruptions caused by the pandemic, the company maintained a nuanced strategy on acquisition and underwriting across its businesses. This adaptability reflects strong managerial foresight and capability. Financial Performance: In FY2022, Bajaj Finance recorded a 29% growth in assets under management (AUM) and a 59% growth in profit after tax on a consolidated basis. The company managed to achieve this impressive growth despite disruptions in business and elevated credit costs. Capital Adequacy and Risk Management: Bajaj Finance remains well-capitalized with a capital-to-risk weighted asset ratio (CRAR) of 27.22% as of March 31, 2022. This is among the best for large NBFCs in India. The company's robust risk management practices have resulted in a strong portfolio quality, with Gross NPA at 1.60% and Net NPA at 0.68%, among the lowest in the industry. Operational Efficiency: The company's operational efficiency is highlighted by its diverse customer base, digital transformation, and omnichannel strategy. This approach has enhanced customer experience and contributed to business growth. Economic Moat: Market Position and Sectoral Importance: As an NBFC, Bajaj Finance has become an integral part of India's financial sector. Its assets, worth more than ₹54 lakh crore as of March 31, 2021, constitute about 25% of the balance sheet size of the banking sector. Rapid Asset Growth: Over the last five years, NBFCs' assets have grown at a cumulative average growth rate of 17.9%, with Bajaj Finance being a key contributor. Customer Expansion: Bajaj Finance's customer franchise grew significantly, adding 2.21 million new customers in Q4FY22 alone. This growth in customer base is a testament to the company's strong market penetration and customer retention strategies. Diversification and Innovation: The company has diversified its product offerings and continued to innovate, leveraging its understanding of regional dynamics and customer preferences. This diversification has enabled it to tap into various market segments effectively. Strengths and Weaknesses: Strengths: High growth rates anticipated by analysts in the coming years. High profitability due to outperforming net margins. Frequent upward revisions of sales forecasts. Strong analyst recommendations and upwardly revised price targets. Weaknesses: High valuations in earnings multiples. High valuation levels compared to the size of its balance sheet. Limited generosity in shareholder compensation. Conclusion In summary, Bajaj Finance Ltd demonstrates strong management quality characterized by strategic growth initiatives, robust financial performance, and effective risk management. Its economic moat is underpinned by its significant market position, rapid asset growth, customer expansion, and product diversification. The company's strengths in maintaining high profitability and adapting to market changes are counterbalanced by concerns about its high valuation levels and shareholder compensation policies.
NSE:BAJFINANCELong
by amitlall_79
Bajaj Finserv Ltd. - Management Quality and Economic MoatNSE:BAJAJFINSV Bajaj Finserv Ltd, a leading Indian financial services company, has showcased notable management quality and developed a significant economic moat. The company operates through its controlling stakes in various businesses, including Bajaj Finance Ltd. (BFL), a large and profitable NBFC. Management Quality: Strategic Growth and Diversification: Bajaj Finserv has strategically diversified its business into lending, asset management, wealth management, and insurance. This diversification helps mitigate risks associated with market fluctuations in any single sector. Financial Performance: The company has demonstrated strong financial performance over the years. Its operating income grew significantly from ₹6,022 crore in FY2014 to ₹82,071 crore in FY2023. The adjusted EPS (Earnings Per Share) also showed a healthy growth trajectory, increasing from ₹9.7 in FY2014 to ₹46.5 in FY2023. Capital Adequacy and Asset Management: Bajaj Finserv maintains robust capital adequacy, ensuring a solid financial foundation and ability to invest in growth opportunities. Its subsidiary, BFL, has an AUM (Assets Under Management) increase of 29% to ₹197,452 crore in FY2022. Economic Moat: Market Position and Sectoral Importance: Bajaj Finserv, through its subsidiaries, has become a vital part of India's financial sector. BFL alone constitutes a significant portion of the NBFC sector's assets. Customer Base and Reach: With a franchise of 57.6 million customers and an expansive distribution network, the company has a deep penetration in the market. This wide reach is crucial for sustaining long-term growth and maintaining a competitive edge. Digital Transformation: The company’s focus on digital transformation and omnichannel strategies enhances customer experience and operational efficiency. This positions Bajaj Finserv favorably in an increasingly digital financial landscape. Strengths and Weaknesses: Strengths: Strong growth in business volume anticipated by analysts. High profitability with outstanding net margins. Frequent positive revisions of sales forecasts and strong analyst recommendations. Agile and innovative response to external events like demonetization, GST implementation, and the pandemic. Weaknesses: High valuations in earnings multiples and balance sheet size. Limited generosity in shareholder compensation. Conclusion In summary, Bajaj Finserv Ltd's management quality is characterized by its strategic diversification, robust financial performance, and effective capital management. Its economic moat is reinforced by its significant market position, vast customer base, and digital transformation initiatives. The company's strengths in maintaining high growth and profitability are counterbalanced by its high valuation levels and a conservative approach to shareholder compensation.
NSE:BAJAJFINSVLong
by amitlall_79
Why do growth companies have a high P/E?Namaste! You must have wondered why growth companies like the following have ridiculous P/E (price to earnings ratio)? Amazon (314.66 P/E) Netflix (47.04 P/E) Tesla (80.80 P/E) Nykaa (2,007.14 P/E) Zomato (not profitable/negative P/E) Paytm (not profitable/negative P/E) Etc. Let's find out. By general definition and understanding, a company is a “money-making machine”. But growth companies defy this rule by not making the money for years if not decades. Growth companies generally try to avoid the profits. Instead they reinvest the profit to increase sales (by more advertising expenses, more sales employees, more spending on research & development, etc). Fun fact: Mr Jeff Bezos (CEO and largest individual shareholder of Amazon) used this idea since the beginning of Amazon (before the year 2000). He didn't show the profit in the books of Amazon, but reinvested it to increase sales numbers as much as possible till this day. Why sales number instead of EPS (earnings per share)? A: You see the analysts, which include institutions, individual (retail investors), High Networth Individuals (HNI) have something to evaluate the value of any company. So, there are generally two factors for evaluating any company's value, 1: Its EPS or 2: Sales numbers (growth). They would look for either P/E (price to earnings) or P/S (price to sales ratio). The company which doesn't have a P/E (means negative EPS or say a loss), we can value any loss making company via P/S ratio. So let's take a hypothetical example of 2 different types of companies, 1 is a Value company (like Apple, Microsoft, Reliance Industries, HDFC Bank, etc) and 2 is a Growth company (like Amazon, Tesla, Netflix, Zomato, Paytm, etc). General Assumption: Let's assume both types of companies make (1) Sales of Rs 10000 crore in the 1st year, (2) a gross profit margin of 50% (means Rs 5000 crore “gross profit”) at the start, (3) a market cap of Rs 50000 crores with 100 crore number of shares outstanding, (4) an uniform tax rate of 30%, (5) a share price of Rs 500 at the start, (6) an owner with 51% stake and (7) both the companies are listed in the year 2020. Value company: Companies like Reliance, HDFC Bank, etc don't need to and only spend 30% of gross profits every year for expenses and growth. Meaning, its net profit before taxes is Rs 3500 crores. Net profit after taxes is Rs 2450 crores. So EPS would be Rs 24.50 per share and 20.40 P/E. Net profit or say EPS will be high for the value company because it will try to not incur unnecessary expenses (like more advertisement, increasing the number of sales employees and their salary, more discounts on the products, etc). Exception: The growth also greatly depends on the nature of business. For e.g. a software company will grow at a very fast pace because its product is a “software”, which is infinitely scalable. More software can be produced “with a single click”. Whereas, for an automobile company, it isn’t the case. Growth company: This company will spend 90% of its gross profit to increase sales. Meaning its net profit before taxes is Rs 500 crores. Net profit after taxes is Rs 350 crores. So EPS would be Rs 3.5 per share and 142.85 P/E. Assumption for growth (YoY) for both the companies: It’s most likely the growth company will have a higher growth percentage as compared to value companies because the growth company is taking actions, like spending money to increase sales, spending on research and development, mergers and acquisitions (by share swap deal), etc. Whereas, a value company is trying to avoid unnecessary spending and focus more on profitability i.e. net profit. So, let’s take 20% growth rate for a value company and 40% growth rate for a growth company. Lets calculate the sales, gross profit, taxes, net profits before taxes, market cap, price to earnings ratio and earnings per share (EPS) for 10 straight years, assuming the constant rates for sales growth at 20% for a value company and 40% for a growth company every year.. Value company financials chart: Column heading: 1. Year; 2. Sales (Rs Crore) with 20% growth YoY; 3. Gross profit (Rs Crore); 4. Net profit before taxes (after spending 30%); 5. Taxes (Rs Crore); 6. Net profit after taxes (Rs Crore); 7. Market Cap (Rs Crore); 8. P/E; 9. EPS. | 2020 | 10000.00 | 5000.00 | 3500.00 | 1050.00 | 2450.00 | 50000.00 | 20.41 | 24.50 | | 2021 | 12000.00 | 6000.00 | 4200.00 | 1260.00 | 2940.00 | 60000.00 | 20.41 | 29.40 | | 2022 | 14400.00 | 7200.00 | 5040.00 | 1512.00 | 3528.00 | 72000.00 | 20.41 | 35.28 | | 2023 | 17280.00 | 8640.00 | 6048.00 | 1814.40 | 4233.60 | 86400.00 | 20.41 | 42.34 | | 2024 | 20736.00 | 10368.00 | 7257.60 | 2177.28 | 5080.32 | 103680.00 | 20.41 | 50.80 | | 2025 | 24883.20 | 12441.60 | 8709.12 | 2612.74 | 6096.38 | 124416.00 | 20.41 | 60.96 | | 2026 | 29859.84 | 14929.92 | 10450.94 | 3135.28 | 7315.66 | 149299.20 | 20.41 | 73.16 | | 2027 | 35831.81 | 17915.90 | 12541.13 | 3762.34 | 8778.79 | 179159.04 | 20.41 | 87.79 | | 2028 | 42998.17 | 21499.08 | 15049.36 | 4514.81 | 10534.55 | 214990.85 | 20.41 | 105.35 | | 2029 | 51597.80 | 25798.90 | 18059.23 | 5417.77 | 12641.46 | 257989.02 | 20.41 | 126.41 | | 2030 | 61917.36 | 30958.68 | 21671.08 | 6501.32 | 15169.75 | 309586.82 | 20.41 | 151.70 | Growth company financials chart: Column heading: 1. Year; 2. Sales (Rs Crore) with 40% growth YoY; 3. Gross profit (Rs Crore); 4. Net profit before taxes (after spending 90%); 5. Taxes (Rs Crore); 6. Net profit after taxes (Rs Crore); 7. Market Cap (Rs Crore); 8. P/E; 9. EPS. | 2020 | 10000.00 | 5000.00 | 500.00 | 150.00 | 350.00 | 50000.00 | 142.86 | 3.50 | | 2021 | 14000.00 | 7000.00 | 700.00 | 210.00 | 490.00 | 70000.00 | 142.86 | 4.90 | | 2022 | 19600.00 | 9800.00 | 980.00 | 294.00 | 686.00 | 98000.00 | 142.86 | 6.86 | | 2023 | 27440.00 | 13720.00 | 1372.00 | 411.60 | 960.40 | 137200.00 | 142.86 | 9.60 | | 2024 | 38416.00 | 19208.00 | 1920.80 | 576.24 | 1344.56 | 192080.00 | 142.86 | 13.45 | | 2025 | 53782.40 | 26891.20 | 2689.12 | 806.74 | 1882.38 | 268912.00 | 142.86 | 18.82 | | 2026 | 75295.36 | 37647.68 | 3764.77 | 1129.43 | 2635.34 | 376476.80 | 142.86 | 26.35 | | 2027 | 105413.50| 52706.75 | 5270.68 | 1581.20 | 3689.47 | 527067.52 | 142.86 | 36.89 | | 2028 | 147578.91| 73789.45 | 7378.95 | 2213.68 | 5165.26 | 737894.53 | 142.86 | 51.65 | | 2029 | 206610.47| 103305.23| 10330.52 | 3099.16 | 7231.37 |1033052.34 | 142.86 | 72.31 | | 2030 | 289254.65| 144627.33| 14462.73 | 4338.82 | 10123.91 |1446273.27| 142.86| 101.24| Advantages and Disadvantages of a growth company: Advantages: 1. Growth companies have a higher growth percentage than value companies, due to its exclusive focus on spending and increasing market share. 2. Less net profit figure means less taxes paid to the government. So, it can be utilized to further improve the business by other means. 3. Growth companies make millionaires and billionaires faster (maybe in less than a decade), whereas value companies tend to take more than a decade. 4. Many growth companies are new age companies, whereas value companies are old age companies. Since the consumer’s taste keeps changing over time, growth companies have a greater opportunity to “invent the next big thing”. Disadvantages: 1. Since the growth company doesn’t focus on net profits, it doesn’t have profit money to run or grow the business. They are highly dependent on investor’s funding or debt for their growth. 2. The growth companies are highly vulnerable to interest rate hikes and many fail during rising interest rates. Because interest payment on debt will rise, investor funding will stop because they can get greater return on bank deposits which is much safer than investing in a growth company, demand in the economy cools down for unnecessary things (other than Roti, Kapda aur Makaan). 3. Loans against securities have a higher haircut for growth companies. Means, you will get less loan on pledge of Zomato’s stock as compared to pledge of Reliance’s stock. 4. The growth company either doesn't pay dividends, or pays very little. This is due to their very low net profits and their exclusive focus on growth. 5. The growth rate of a company declines over time when the company gets bigger and matures. 6. The general idea of a growth company is “one day, the company will convert its huge sales number into net profits”. For many growth companies, this doesn’t happen as expected. Because, once the “lucrative discounts” stop, the consumer moves to the next company for a discount. In other words, the sales numbers were misleading and failed to fulfill the promise of profits. Is a growth company better than a value company? A: High growth percentage doesn’t come for free. The success rate of growth companies is around 10-20%. Whereas, the value companies have a bigger success rate of surviving (more than 50%) historically. Investing in a growth company is like “taking a bigger risk to earn a bigger profit”. Conclusion: Value vs Growth company is a big debatable topic which divides investors into two groups, one is believer and one is doubter. It's a much more difficult topic than I explained because I used constant figures for growth. But in real life, growth is not constant due to various factors such as change in market dynamics, actual nature of business, country's economic stability, interest rates, etc. I just tried to explain my understanding of high P/E companies and why they even exist. Disclaimer: This article should not be considered as a financial advise.
NSE:NIFTY
by UnknownUnicorn7637383
1
DUK IdeaDuke Energy Corp. (DUK) Duke is a large, regulated U.S. electricity company with a focus on southern states such as Florida and North Carolina. That has served the company well as these states have generally had strong economies with healthy population and economic growth. Duke also recently received a favorable rate agreement with regulators in North Carolina. Like many utility stocks, Duke Energy shares significantly lagged the market in 2023. This came about in large part due to higher interest rates, which lowered the appeal of dividend stocks. With interest rates expected to decline, however, the outlook should be better for the electric utilities in 2024. That's doubly true as Duke is planning to invest $65 billion in capital works between 2023 and 2027 and so a fall in interest rates should save it a considerable amount in terms of debt service.
NYSE:DUKLong
by newtheyork
1
NIO: A Stellar Investment for the FutureNYSE:NIO , a global leader in battery swapping for electric vehicles, is poised for immense growth in the years to come. With its innovative battery swapping technology, expanding global presence, and decent financials, NIO is a compelling investment opportunity for those seeking long-term returns. NIO's Battery Swapping Advantage: NIO's proprietary battery swapping technology offers several key advantages over traditional charging methods. Drivers can swap their depleted batteries for fully charged ones in as little as five minutes, eliminating the inconvenience of extended charging times. This efficiency is particularly attractive for urban commuters and drivers who prioritize convenience. Expanding Global Reach: NIO has established a strong foothold in China and is actively expanding its presence into new markets, including Europe and North America. This global expansion strategy will expose NIO to a wider customer base and drive significant revenue growth. Decent Financials: NIO's financial position is sound, with strong revenue growth and a manageable debt load. This financial profile demonstrates the company's ability to execute its growth plans and invest in its future. Investing in NIO for the Future: NIO's unique battery swapping technology, expanding global presence, and strong financials make it a compelling investment opportunity for those seeking long-term returns. As the demand for electric vehicles continues to surge, NIO is well-positioned to capture a significant market share and deliver substantial shareholder value.
NYSE:NIOLong
by SabahEquityResearch
6
Meta Platforms Weekly ChartMeta Platforms Weekly Chart Meta Platforms (META) presents a compelling case as a growth stock, though it's not without its complexities. Here's a breakdown: Growth Drivers: Dominant Social Media Presence: Meta owns behemoths like Facebook, Instagram, and WhatsApp, boasting over 3 billion monthly active users across its family of apps. This vast user base translates to substantial ad revenue and engagement opportunities. Monetization Potential: Meta constantly innovates in digital advertising formats, leveraging user data and AI to target ads effectively. This, coupled with its massive reach, unlocks significant revenue growth potential. Metaverse Push: Meta is heavily invested in building the metaverse, the next chapter of the internet. Its VR/AR hardware (Oculus) and software initiatives (Horizon Worlds) aim to capture a sizable share of this nascent market. Emerging Markets: Meta actively expands into developing markets, where internet penetration and social media adoption are rapidly growing. This fuels user base and revenue expansion.
NASDAQ:METALong
by AlgoTradeAlert
GRT - Graph MASSIVE Upside Potential💎Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. The Graph is another excellent altcoin hold with great upside potential. This is one of the alts I'll be watching for a longer time hold💎 Originally launched on the Ethereum blockchain, The Graph’s mission is to help developers use relevant data to increase the efficiency of their decentralized application (dapp). The Graph analyzes and gathers blockchain data before storing it into various indices, called Subgraphs, allowing any application to send a query to its protocol and receive an immediate response. The Graph’s native cryptocurrency, GRT, is used to ensure the integrity of the data secured within its network. Any user, whether they are indexers, curators or delegators, must stake GRT to perform their roles, and, in return, earn fees from the network. The Graph is an open-sourced software used to collect, process and store data from various blockchain applications to facilitate information retrieval. The Graph is being used by popular Ethereum dapps like Aave, Curve and Uniswap. From a SHORT TERM perspective, the technical indicators are looking bearish, showing sellers are in control. After observing an "overbought" signal, a healthy pullback seems likely. Lower buy opportunity! It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:GRTUSDT
Long
by CryptoCheck-
13
USDJPY Bullish Ahead of US GDP AnnouncementHi Traders! USDJPY is in an ascending channel, and there is a bullish outlook on the market. Here are the details: After the pullback from the weekly high, the market seems to have found support near the channel support line. We are now looking for a break and close above the 20 EMA for a confirmation signal to target an exit near the weekly high. Preferred Direction: Buy Entry Level: 143.250 Stop Level: 142.271 Target Level: 145.209 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
2
ETH Update 20.12.2023 / Uncertainty of the asseth1 Chart: Here we see the price on the senior tf moving in a descending order flow, but on the junior tf at the moment we see testing the POI in the form of h1 STB and get an exit up. Now as on BINANCE:BTCUSDT we have formed point of interest for intraday buying in the form of h1 FVG. Today I expect a move into this zone and there I would look for longs with the purpose of sweeping the PDH If the price does not hold this POI, then for me long positions on this asset will be relevant only after removing SSL liquidity behind the key low!
by trademansi0n
1
BTC Update 20.12.2023 / Great POI for Longs!h1 Chart: Here we can see how the price is successfully moving in an ascending order floo, taking down SSL liquidity and covering all imbalance zones in Long. Now after yesterday's pullback after momentum, having tested the 4-hour FVG zone, bitcoin has formed a local zone of interest in the form of a 1-hour imbalance and a target to deliver price upwards in the form of a liquidity pool behind the key high! Today I expect a move to Long via pullback, if the 1h and 4h FVG zones do not hold the price, I was very careful with longs in the near term. Non-financial advice, always respect the risks and watch the reaction in the zones of interest and only then make your entry into positions!
Long
by trademansi0n
1
NAVI - Low-Cap High Potential Play - 50x Potential Long termExtremely undervalued token, I would like it to break the first outlined resistance before allocating capital towards this asset. This is a high risk play, I wouldn't recommend investing more than you are willing to throw in the trash can, That being said the growth potential is huge at a market cap of just below 2 million USD This easily has the potential to 50X in a bull market scenario. Here are my Initial Targets / Supports / Resistances Support Level 1: $.05226 Major Resistance to break: $.07649 Target 1: $.12456 Major Resistance 2: $.25411 Mid Term Target 1 (2 weeks - 2 months) : $.27857 Major Resistance Zone (Chop potential): $.27857 - $.32316 Mid - Longterm Target (2 months - 1 Year) : $.49001 What is Atlas Navi (NAVI)? Atlas Navi is the first Drive to Earn navigation app that uses A.I. and the smartphone camera to avoid traffic by detecting road conditions, accidents, traffic in each lane, available parking spaces, police vehicles and rerouting drivers to avoid problematic roads. It features licensed 3D NFT vehicles and a sustainable Drive to Earn mechanism and in-app economy that rewards users for each mile driven. Atlas Navi has received a $1,200,000 grant from the European Union to develop its technology over the course of 2 years, starting in December 2019. With over 12 years of transportation software experience, the team and company behind Atlas Navi are among the best in the industry and well positioned to disrupt the navigation app market with A.I. and blockchain technologies. Atlas Navi is available to download for free on the Apple App Store and Google Play or by going to www.AtlasNavi.com Join over 400,000 drivers already using it to navigate and earn whilst driving.
Long
by Helios_Capital_Investment
2
DLO : Why This AI Data Analytics Platform Is Poised for GrowthDLO stock has been on an upward trajectory in recent months, driven by several positive factors. The company's artificial intelligence (AI)-powered data analytics platform is gaining traction with businesses of all sizes, as it helps them to gain insights from their data that they would not be able to get with traditional methods. Additionally, DLO's strong financial performance is making it an attractive investment opportunity for many investors. Key Data Analytics Trends Favoring DLO There are several key data analytics trends that are favoring DLO. First, the amount of data that businesses are generating is growing exponentially, and this data is becoming increasingly complex. DLO's AI-powered platform is well-suited for handling this large and complex data set, and it can provide businesses with valuable insights that they would not be able to get otherwise. Second, businesses are becoming increasingly data-driven, and they are looking for ways to use data to make better decisions. DLO's platform can help businesses to do this by providing them with a centralized location to store and analyze their data. Additionally, DLO's platform can help businesses to automate their data analysis processes, which can save them time and money. Solid Financial Performance DLO is also benefiting from strong financial performance. The company has been growing rapidly in recent years, and it is generating positive cash flow. This strong financial performance is making DLO an attractive investment opportunity for many investors. Bullish Outlook for DLO Stock Overall, the outlook for DLO stock is bullish. The company's AI-powered data analytics platform is gaining traction with businesses of all sizes, and its strong financial performance is making it an attractive investment opportunity. Additionally, the key data analytics trends that are favoring DLO are likely to continue in the years to come, which should further fuel the company's growth. DLO Stock Valuation DLO stock is currently trading at a price-to-sales ratio of approximately 8. This is significantly lower than the average price-to-sales ratio for software companies in the same industry, which is approximately 20. This suggests that DLO stock may be undervalued. Investment Considerations While DLO stock is a bullish investment, there are a few investment considerations. First, the company is still relatively young, and it has not been profitable for all of its history. Second, the company is dependent on its ability to continue to innovate and develop new products and services. Finally, the company is operating in a competitive industry, where there are other companies that are developing similar products and services. Conclusion DLO stock is a bullish investment opportunity, and it is worth considering adding to your portfolio. However, it is important to do your due diligence and understand the risks involved before investing.
NASDAQ:DLOLong
by SabahEquityResearch
Bonk is Undervalued by at Least 1000%The chart shows classic price correction but this idea is not about classic technical analysis. Under normal circumstances this bullish trade would be a process of several days or even a few weeks - dropping to resistance at 0.000015 and strong resistance at 0.000010. Then long in several strong waves. But... these are not normal circumstances. Bonk is in the news and for good reason such as being listed on Coinbase and Binance, but that's not why I am excited. BONK is undervalued to the point of bewilderment when you look under the hood and learn what is going on behind the scenes. Also, if you compare volume and turnover against the top 50 Cryptocurrencies it becomes even clearer. Dive deeper and discover how deeply connected BONK is with the Solana ecosystem and the projects BONK is aligned with. BONK is not just a meme coin. I understand there is a lot more to it than trading prices when comparing the value of one coin again another however, in my opinion BONK is more valuable than Doge and several other 'big' players in the crypto space. Currently CRYPTOCAP:DOGE is trading at around $0.09 and BONK is $0.000025 and some others a lot higher and way over valued in some cases. Disclaimer: I am not a financial advisor, this is simply an idea illustrating why I'm making my biggest investment of 2023 in BONK - when I told my friends today they thought I was crazy then I told them to put Bonk news into Google and get back to me... They want to know more now LOL :-)
Long
by UnknownUnicorn3901369
4
QS has above average 6 year potentialDespite the slowdown in EV sales, it appears this market will increase year over year. Solid State batteries will bring lower costs, improved ranges to vehicles which could bring a new wave of EV volume increases. QS is in a position to take a significant share of the Solid State battery market either through battery sales or through licensing of technology. Lack of revenue may be keeping QS lower for now, but cash on hand is impressive and some actual sales may hit the books in by 2025 or 2026. My opinion: Now is the time to go long on QS, and hold.
NYSE:QS
by curtwolfe
Top Beaten-Down Chinese Stocks to Buy Right Now Reasons to buy Alibaba Group Holding Limited ( NYSE:BABA ) : Leader in the Chinese e-commerce market, strong track record of innovation and growth. JD.com, Inc. ( NASDAQ:JD ) : Well-established and profitable company with a strong market position, benefiting from the growth of the Chinese e-commerce market Baidu, Inc.( NASDAQ:BIDU ) : Dominant player in the Chinese search market, strong track record of innovation, expanding into new markets, such as cloud computing and artificial intelligence BZUN X, Inc. ( NASDAQ:BZUN ) : Rapidly growing company with a strong market position, benefiting from the growth of the Chinese fintech market I would recommend allocating your funds as follows: BABA: 40% JD: 30% BIDU: 20% BZUN: 10% This Chinese portfolio is designed to provide you with exposure to the Chinese stock market while also diversifying your risk. BABA is the largest company in the Chinese e-commerce market and has a strong track record of innovation and growth. JD is another well-established e-commerce company with a strong market position. BIDU is the leading search engine in China and is also expanding into new markets, such as cloud computing and artificial intelligence. BZUN is a rapidly growing fintech company with a strong market position. I believe that this portfolio is a good investment for the long term. The Chinese economy is growing rapidly and is expected to continue to grow in the years to come. This growth is being driven by a number of factors, including an expanding middle class, rising urbanization, and increasing consumer spending. As the Chinese economy grows, so too will the Chinese stock market. I recommend you should consider your own individual circumstances and risk tolerance before making any investment decisions. Boost the idea for more content
NYSE:BABALong
by SabahEquityResearch
3
wait until is readyIn the week of December 12, 2023, the EUR/USD pair is subject to several influences: - The EUR/USD is under pressure, potentially facing further losses, especially if the European Central Bank (ECB) takes a different stance than the US Federal Reserve. It is currently stabilizing around 1.0780 but has previously dipped to the support level at 1.0723, suggesting bearish control. - The euro has weakened recently, influenced by the cautious repricing of the ECB's policy expectations, with the pair moving back to the middle of the year's trading range between 1.0500 and 1.1000. - The pair has fallen below the 200-day moving average, a significant bearish technical signal; however, the weight of this technical setup might be moderated by upcoming economic data events. - Expectations of ECB interest rate cuts and the Fed's policy decisions will play crucial roles in determining the currency pair's movement. Any deviation from expected policy could sway the pair significantly. - Technically, the trend is bearish, with key support levels at 1.0700, 1.0655, and 1.0580. Resistance lies at 1.1000, which would need to be broken for a bullish trend reversal The direction of the EUR/USD pair will likely be shaped by the outcomes of the central bank meetings and the announcement of US inflation numbers. The technical indicators are pointing to bearish sentiment, but the fundamental events mentioned could lead to volatility and potential trend changes.
by waltersonc07