Shah Gilani gives an unorthodox buy recommendation and two bonus trades.
Uber Technologies Inc
The Impossible Foods IPO is coming.
And if it's anything like the Beyond Meat Inc.
(NYSE: BYND) IPO, you will want to pay attention.
Beyond Meat Inc.
(NASDAQ: BYND) popped 254% in the first three months trading on the NASDAQ.
Typically, as IPOs go, you might have expected a steep decline afterward.
Sure, we saw a decline as the IPO hype backed off.
But it wasn't all that major.
Since IPO, Beyond Meat is still up around 160%.
That's because everybody still expects the plant-based meat trend to be massive.
A Didi Chuxing IPO is on the way, and the company is targeting a $60 billion valuation at launch.
An official date has not yet been announced, but they expect to go public sometime in the first half of 2021.
the DoorDash IPO is finally here, and investors are lining up to get a piece of the world's biggest third-party food delivery company as soon as they can.
But don't buy on the IPO date – there's an even better time to buy DoorDash stock down the road.
"Flying cars" used to be an example of technology so far off, you wouldn't see it in your lifetime.
A Munich-based company called Lilium is changing that.
It's making "The Jetsons" real.
Retail investors are itching for a chance to get in on Lilium stock.
That might take a while.
No Lilium IPO date has been set yet.
But you want to keep this on your radar for when it goes public.
The DoorDash IPO is here. And in a year where the economy has struggled and IPOs have been sparse, this one might have something going for it.
Today, we'll show you whether DoorDash stock is a buy after the IPO or not.
Though the IPO market slowed down in response to COVID-19, the food delivery business promised a different outlook.
Everyone was ordering food delivered to their houses.
Lucky for DoorDash, the company is in the food delivery business.
And it's one of the leading names in the business.
A 31% drop on the S&P 500 gave many businesses a dim outlook in March.
The IPO market slowed down tremendously as a result.
What didn’t slow down, however, was online delivery.
An unprecedented amount of online orders were being placed during lockdowns.
Amazon had to hire 75,000 more workers to meet new demand.
As part of this trend, people were also eating out far less (if at all).
And companies like DoorDash came to the rescue.
That’s why this company hasn’t had the same hiccup as the rest of the IPO market since it announced a potential IPO in February.
Now, a DoorDash IPO is imminent as the company maintains its goal of going public before the end of Q4.
Ever heard the term "bandwagon fan"? Take the Pittsburgh Steelers, for example. They're the best football team in the NFL from where I'm standing.
But the Steelers were a steamrolling, unstoppable NFL "dynasty" in the 1970s. The Pro Football Hall of fame notes (and I can confirm), "Eight consecutive playoff berths, seven AFC Central titles, and four AFC championships from 1972 to 1979. The Steelers became the first team to win four Super Bowls and the only team to win back-to-back Super Bowls twice."
But the wheels fell off in 1980. The team went through a 26-year championship drought, until 2006's Super Bowl XL when – don't you forget it – the Steelers became the first wildcard team in the NFL to win three playoff road games and the championship. I stuck with 'em for those long years, but who knows how many fans went elsewhere.
Of course, those bandwagon fans came running back after the 2006 championship. You never want to be called a bandwagon fan because, let me tell you, Super Bowl XL felt a whole lot better for people like me, who'd stood by the team for those 26 dark years.
No wonder one of my 10 Commandments of Trading is: "Avoid running with the crowd." In other words, stay off the bandwagon unless you're actually in the driver's seat.
That's an approach that's made me one satisfied sports fan, but, more importantly, a really successful (read: "really wealthy") trader… Full Story
One of the best tricks to finding the best penny stocks is to take a look and see what analysts are expecting for some of these low-priced potential powerhouses.
If there is an analyst for a reasonably reputable Wall Street firm providing coverage for the stock, there is probably more here than meets the eye.
Usually penny stocks aren't worth their time, especially since many of these companies have very little business to speak of and often rise and fall based on hype.
But if an analyst expects incredible earnings growth rates, there may well be a lot more to a given company that its low stock price is revealing right now.
In the months (years, even) leading up to the COVID-19 crisis, I saw many investment opportunities that left me feeling skeptical. Their valuations were high. There was overly optimistic thinking surrounding their potential.
It reminded me of Warren Buffett's adage of "be fearful when others are greedy, and greedy when others are fearful."
What I see today is much better: many high-quality startups available at highly attractive valuations. In other words, it's an excellent time to be greedy as others are fearful.
History supports the timing. During the last market downturn – the Great Recession – some of the greatest tech startups of the generation began… Uber, valued at $5.4 million in 2010, now with a $58 billion market cap… Instagram, acquired by Facebook for $1 billion in 2012 and now valued at $100+ billion… WhatsApp, valued at $1.5 billion by 2013 and then acquired by Facebook for $19 billion just one year later… and many others.
And those who invested as early as 2008 and 2009 had the benefit of investing at a much lower valuation than those who invested before and after the Great Recession.
Before diving into startup investing, there's one more key step. In order to maximize our returns, it's important to examine the trends that defined Q2 2020 (April through June), the first full quarter during COVID-19. We need to determine what shifts in consumer (or business) preference will be short term vs. long term in nature – which trends will persist as we adjust to a new COVID-affected life, and which may reverse.
Here are two trends to avoid and two giving us excellent startup profit potential today… Full Story