Workflow
Investor Place
icon
Search documents
3 Genomics Stocks That May Transform Personalized Medicine
Investor Place· 2024-08-06 14:45
Core Insights - The completion of the human genome sequencing in 2003 has significantly advanced the understanding of genetic medicine, presenting new investment opportunities in genomics stocks as modern therapies increasingly rely on patient genetics [1][3] - Genomics companies differ from traditional healthcare stocks as they often profit from supporting the broader medical industry rather than solely relying on drug sales [2] - Investing in genomics stocks can provide slower yet more stable growth, helping to dilute portfolio risk when appropriately allocated [3] Company Summaries - **Sarepta Therapeutics (SRPT)**: The company has positioned itself well in the biotech sector, focusing on gene editing and RNA technologies. Its stock has increased by 24% since January, driven by its narrow patient population and potential to treat genetic muscular dystrophies, which creates a competitive advantage [4][5]. A notable project involves using RNA molecules to produce proteins in target cells, offering symptom relief for genetic diseases [6] - **Bio-Techne (TECH)**: This company supports the genomics industry by providing workflow services and products for gene therapies and genetic research. Its focus on creating replicable processes is crucial for achieving broader acceptance in the medical field. As genomics research grows, Bio-Techne stands to benefit from increased sales of its products and services, making it a candidate for long-term investment [7][8] - **Ultragenyx Pharmaceutical (RARE)**: Known for developing treatments for ultra-rare genetic diseases, Ultragenyx has successfully gained FDA approval for its monoclonal antibodies and enzyme replacements. The company's stock has risen by 40% over the past year, driven by strong earnings per share and revenue growth. Monitoring the commercialization of its genetic treatments could be key for investors looking to capitalize on potential profits [9][10][11]
The 3 Best Flying Car Stocks to Buy in August 2024
Investor Place· 2024-08-06 14:18
It is not too often that investors witness the birth of a new industry. Aviation, however, is on the cusp of transformation. Electric vertical takeoff and landing (eVTOL) aircraft are poised to take over taxiing people on short-haul flights.While we are still years away from seeing electric commercial airliners, what are essentially flying cars can electrify shorter-distance routes that comprise most flights. According to Statista, a regional airline’s average distance is about 500 miles. Ferrying passenger ...
3 High-Growth Cloud Computing Stocks to Buy on the Dip
Investor Place· 2024-08-06 11:45
Core Viewpoint - High-growth cloud computing stocks are currently trading at significant discounts, presenting potential buying opportunities despite bearish sentiment in the tech sector [1] Group 1: CrowdStrike (CRWD) - CrowdStrike provides cloud-based cybersecurity solutions and has faced challenges due to a software bug causing IT outages, leading to a nearly 40% stock drop in July [2][3] - Despite the setback, analysts have mixed views; Wells Fargo maintains an overweight rating with a reduced price target of $350, while Piper Sandler holds a neutral rating with a $310 target [2] - CrowdStrike's Q1 2025 earnings showed a record net new annual recurring revenue (ARR) growth of 22% year-over-year, with ending ARR at $3.65 billion, but potential lawsuits from affected customers could impact financials [3] Group 2: Nutanix (NTNX) - Nutanix provides cloud computing software for hybrid and multi-cloud deployments, reporting Q3 fiscal 2024 revenue growth of 17% year-over-year to $525 million and a 24% increase in ARR to $1.82 billion [5][6] - The stock has pulled back around 35% from its highs, presenting an attractive entry point, with a forward earnings valuation of 39 times and a forward sales multiple of 5.4 times [5] - Management noted increasing interest from large enterprise customers, although sales cycles are elongating, indicating potential for future growth [6] Group 3: Arista Networks (ANET) - Arista Networks provides cloud networking solutions and reported Q2 2024 revenue growth of 15.9% year-over-year to $1.69 billion, with non-GAAP EPS of $2.10, beating estimates by 16 cents [7] - The stock has seen a 13% pullback from its highs, suggesting a buying opportunity for long-term investors [7] - Collaboration with Nvidia on AI networking positions Arista to benefit from customer AI infrastructure investments by 2025, making it an interesting stock to consider [8]
3 Infrastructure Stocks Positioned for Potential Government Spending
Investor Place· 2024-08-06 11:28
As government initiatives continue to channel significant funds into revitalizing America’s infrastructure, the appeal of infrastructure stocks seems more vibrant than ever. A notable driver behind this excitement is the Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), signed into law in November 2021 and still running today. This landmark legislation sets out to modernize the nation’s crumbling infrastructure, focusing on key areas like roads, bridges, w ...
Qualcomm Stock Price Prediction: Why You Should Buy the QCOM Dip
Investor Place· 2024-08-06 11:15
As you likely know, AI stocks have been pulling back in recent weeks. Qualcomm (NASDAQ:QCOM) is no exception. During this time frame, Qualcomm stock has fallen by around 20%, from around $200 to around $160 per share.With broad sentiment for the AI growth trend shifting to bearish, not even the release of solid quarterly results has been enough to fight the trend. Worse yet, with this reversal, Qualcomm skeptics are coming out of the woodwork. Once again, they are laying out the bear case for this mobile-fo ...
AAPL Stock Alert: Buffett Dumps 55% of Apple Shares. Should You?
Investor Place· 2024-08-06 10:40
Apple’s (NASDAQ:AAPL) stock has been a vital constituent of many portfolios. Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A, BRK-B) also comes under this category. However, Buffett’s decision to dump 55.8% of Berkshire’s Apple stock in the first half of 2024 raises eyebrows. This move contrasts with Buffett’s previous praise for the tech giant. Apple stock remains a strong long-term buy despite the sell-off due to its solid fundamentals and prospects.Indeed, Apple’s AI advancements and product ecosystem co ...
3 Cheap Stocks to Buy in August for Under $50
Investor Place· 2024-08-06 10:30
Finding the right stocks for investment can be a tricky game. While there are thousands of stocks to choose from, only a few can pass the test of time. Whether you have a solid portfolio or are only getting started, keep a few promising growth stocks on your radar. Don’t wait to accumulate thousands of dollars before you start your investment journey. It is possible to begin with cheap stocks under $50. The following highly reliable companies have strong fundamentals, impressive business structures and the ...
Faraday Future (FFIE) Stock: Why Investors Should Steer Clear of This EV Gamble
Investor Place· 2024-08-06 10:19
Core Viewpoint - Faraday Future (NASDAQ:FFIE) is viewed as a poor investment opportunity, with potential for its stock to decline significantly, possibly to $0, due to lack of financial viability and shareholder returns [1][3]. Company Fundamentals - Faraday Future lacks the essential fundamentals of a successful automotive enterprise, failing to generate excitement among consumers [2][7]. - The company's vehicle pricing is excessively high, with models priced over $300,000, limiting accessibility to a small market segment [5][6]. - The design and branding of Faraday Future's vehicles, particularly the FF 91, are criticized for being unmemorable and lacking prestige [6][7]. Industry Context - The electric vehicle (EV) market has seen numerous failures outside of Tesla, with companies like Mullen Automotive and Canoo experiencing significant stock declines of over 93% and 86% respectively [3][4]. - The overall trend in the EV sector indicates that many competitors have struggled, suggesting systemic issues within the industry rather than isolated company failures [3][4]. Market Performance - Faraday Future's stock is expected to face challenges due to its poor fundamentals and the overall negative sentiment surrounding the EV market [6][7]. - The company is compared unfavorably to other failed EV ventures, indicating a broader trend of unsuccessful startups in the electrification space [3][4].
3 Dividend Growth Stocks to Accumulate on Dips: August Edition
Investor Place· 2024-08-06 10:17
Dividend-paying stocks are ideal for outperforming the market or generating passive income. Finding dividend growth stocks, companies that have shown the ability and willingness to raise their distributions over time, providing consistent and growing income to investors, are even more valuable, particularly in this current market.Many investors seek stability over growth as a rotation builds in the broader market. There’s historical precedence for such a view. From 1973 to 2023, S&P 500 non-dividend stocks ...
Intel Stock Alert: Do NOT Buy-the-Dip in INTC
Investor Place· 2024-08-06 10:15
Microchip giant Intel (NASDAQ:INTC) just delivered one of the worst quarterly financial results ever, sending Intel stock plummeting. The company’s share price plunged 26% in one day and registered its worst performance in 50 years. Intel stock is now trading at its lowest level since 2013. The earnings report was so bad that Intel dragged the entire chip sector down with it. Mighty Nvidia (NASDAQ:NVDA) fell 2% on the day. With INTC stock now changing hands at $21 a share, some investors might be tempted to ...