Core Insights - Moomoo has entered a multiyear multimillion-dollar sponsorship partnership with the New York Mets to enhance the sports experience for fans and communities [1][2] - The partnership includes promotional initiatives such as a special fund that adds $10,000 for every Mets win, with a potential grand prize of $1 million for a moomoo investor if the team achieves 100 victories [2] - Moomoo aims to leverage its global user base of 25 million to connect baseball fans with the Mets, enhancing engagement through events and promotions [4][5] Company Overview - Moomoo is a global investment and trading platform that empowers investors with user-friendly tools and insights, designed to facilitate informed investment decisions [7] - The platform operates in multiple countries including the US, Singapore, Australia, Japan, Canada, and Malaysia, and is a subsidiary of Nasdaq-listed Futu Holdings [8] - Moomoo has received numerous accolades for its innovative approach to investing, recognized by industry leaders such as Benzinga and Fintech Breakthrough [8]

Group 1: Futu Holdings Limited (FUTU) - Futu Holdings Limited is an online brokerage and wealth management platform with a Zacks Rank of 1 [1] - The Zacks Consensus Estimate for Futu's current year earnings increased by 10.2% over the last 60 days [1] - Futu's shares gained 22.3% over the last three months, while the S&P 500 declined by 6.2% [1] - The company has a Momentum Score of A [1] Group 2: IHS Holding Limited (IHS) - IHS Holding Limited is a communications infrastructure company with a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for IHS's current year earnings increased by 30.9% over the last 60 days [2] - IHS's shares gained 72.7% over the last three months, compared to the S&P 500's decline of 6.2% [2] - The company possesses a Momentum Score of A [2] Group 3: Infineon Technologies AG (IFNNY) - Infineon Technologies AG is a semiconductor and related solutions company with a Zacks Rank of 1 [3] - The Zacks Consensus Estimate for Infineon's current year earnings increased by 8% over the last 60 days [3] - Infineon's shares gained 7.8% over the last three months, while the S&P 500 declined by 6.2% [3] - The company has a Momentum Score of A [3]

Group 1 - Futu Holdings Limited Sponsored ADR is part of the Business Services group, which includes 289 companies and ranks 8 in the Zacks Sector Rank [2] - The Zacks Rank for Futu Holdings is currently 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past three months, the Zacks Consensus Estimate for Futu's full-year earnings has increased by 10.2%, reflecting improved analyst sentiment [4] Group 2 - Futu Holdings has achieved a year-to-date return of approximately 33%, outperforming the Business Services sector, which has returned an average of -0.5% [4] - In the Technology Services industry, which includes 151 stocks, Futu Holdings ranks 71 and has performed better than the average loss of 27.9% in the industry this year [6] - Another stock in the Business Services sector, Katapult Holdings, Inc., has a year-to-date return of 90.7% and a Zacks Rank of 2 (Buy) [5][6]

Group 1 - IHS Holding Limited (IHS) has seen a 30.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Heritage Financial Corporation (HFWA) has experienced a 5.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Infineon Technologies AG (IFNNY) has reported an 8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Futu Holdings Limited (FUTU) has seen a 10.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Valley National Bancorp (VLY) has experienced a 5.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]

Group 1 - The article highlights Chris Lau as an experienced investor and economist with a focus on life science, technology, and dividend-growth income stocks [1] - The investing group DIY Value Investing shares top stock picks of undervalued stocks with catalysts for upside and dividend-income recommendations [1][2] - The average returns from public articles show significant performance: 2023 Average Return at 8.4%, 2022 at 6.9%, 2021 at 29.9%, and 2020 at 49.9% [2] Group 2 - The flagship products include Top DIY Picks, which focus on undervalued stocks with upcoming catalysts that the market does not expect [2] - Dividend-income Champs are highlighted for their long history of dividend growth, accompanied by a printable calendar and quantitative scores [3] - DIY Risky Picks are mentioned for speculative allocations with positive momentum, aiming for potential triple returns [3]

Investment Rating - The report assigns a "Buy" rating for the company, indicating a strong potential for performance relative to the market index [7]. Core Insights - The company achieved a total revenue of HKD 135.9 billion in 2024, representing a year-on-year growth of 35.8%. The Non-GAAP net profit reached HKD 57.7 billion, up 26.2% year-on-year. In Q4 2024, revenue surged by 86.8% year-on-year and 29.0% quarter-on-quarter, while Non-GAAP net profit doubled, increasing by 105.4% year-on-year and 39.6% quarter-on-quarter [1][2]. Summary by Sections Performance Overview - In Q4 2024, brokerage commission and fee income reached HKD 20.6 billion, a year-on-year increase of 127.6%, driven by a 201.7% rise in transaction volume to HKD 2.89 trillion. The U.S. stock trading volume was HKD 2.08 trillion. Interest income also grew by 51.8% to HKD 20.2 billion, with margin financing balance increasing by 53.7% to HKD 50.9 billion [2]. Customer Acquisition and Marketing - The company saw a significant increase in marketing expenses, with sales expenses rising by 154.2% to HKD 4.64 billion, attributed to a substantial growth in new deposit customers. The total number of paid customers grew by 41% to 2.4 million, with new paid users in Q4 2024 increasing by 39% year-on-year [3][4]. Financial Forecast and Valuation - The company anticipates Non-GAAP net profit growth rates of 22%, 21%, and 17% for 2025, 2026, and 2027, respectively. The expected earnings per ADS in USD are projected to be 6.50, 7.88, and 9.25 for the same years, corresponding to P/E ratios of 16.54, 13.65, and 11.63 [5][7].

Investment Rating - The report maintains a rating of "Buy" for Futu Holdings (FUTU.O) with a target price of $137.51, corresponding to a 2025 PE of 24.49x and PB of 5.30x [8]. Core Insights - The significant increase in trading activity in the Hong Kong and US stock markets has driven substantial growth in the company's performance. The number of new asset clients is expected to continue rising, supported by ongoing product development to enhance customer acquisition and retention capabilities [3][8]. Financial Summary - Revenue is projected to grow from HKD 13,590 million in 2024 to HKD 17,946 million in 2025, reflecting a year-on-year increase of 32% [5]. - Net profit is expected to rise from HKD 5,443 million in 2024 to HKD 6,801 million in 2025, indicating a growth of 25% [5]. - The average return on equity (ROE) is anticipated to increase by 1.86 percentage points to 20.70% [8]. Customer Growth and Market Expansion - The company aims to add 800,000 new asset clients in 2025, representing a year-on-year growth rate of 33.18%. Approximately 40%-45% of these clients are expected to come from mature markets like Hong Kong and Singapore, with the remainder from emerging markets in Asia and Australia, as well as the US and Canada [8]. - The company plans to enhance its product offerings, including support for cryptocurrency trading in the US and improvements in trading capabilities for Japanese stocks [8].

Investment Rating - The report assigns a "Buy" rating for Futu Holdings (FUTU US) with a target price raised to $135.00, indicating a potential upside of 25.6% from the current closing price of $107.52 [1]. Core Insights - Futu's Q4 earnings exceeded expectations, with a Non-GAAP net profit of HKD 19.52 billion, representing a year-on-year and quarter-on-quarter growth of 105% and 40%, respectively, marking a record high for a single quarter [5]. - The company reported a strong client growth guidance for 2025, with Q4 adding 215,000 new paying users, a 39.1% increase quarter-on-quarter, surpassing the previous guidance of 550,000 for the entire year [5]. - Futu's trading volume reached a historical high of HKD 2.89 trillion in Q4, with a year-on-year growth of 202% and a quarter-on-quarter growth of 52% [5]. - The wealth management business showed steady improvement, with assets under management increasing to HKD 110.9 billion, a 14% increase quarter-on-quarter, accounting for 15% of client assets [5]. - The report anticipates a 21% year-on-year growth in Non-GAAP net profit for 2025, reflecting the company's robust growth trajectory [5]. Financial Overview - Revenue projections for Futu Holdings are as follows: HKD 10,008 million in 2023, HKD 13,590 million in 2024, and HKD 16,812 million in 2025E, with a year-on-year growth rate of 48.7% for 2023 and 27.0% for 2024 [4][7]. - The net profit is expected to grow from HKD 4,279 million in 2023 to HKD 6,556 million in 2025E, with corresponding growth rates of 46% and 21% [4][7]. - The earnings per share (EPS) is projected to increase from HKD 30.59 in 2023 to HKD 46.88 in 2025E, reflecting a strong upward trend in profitability [4][7]. - The price-to-earnings (P/E) ratio is expected to decrease from 27.3 in 2023 to 17.8 in 2025E, indicating improving valuation metrics as earnings grow [4][7].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company achieved total revenue of HKD 13.59 billion in 2024, representing a year-on-year increase of 36%, and a net profit attributable to shareholders of HKD 5.44 billion, up 27% year-on-year [1] - In Q4 2024, the company reported a total revenue of HKD 4.4 billion, a year-on-year increase of 87%, and a net profit of HKD 1.9 billion, up 113% year-on-year [1] - The company is experiencing rapid global business growth, with a total trading volume of HKD 78 trillion in 2024, an increase of 84% year-on-year [8] Summary by Relevant Sections Revenue - In 2024, brokerage commissions increased by 53% to HKD 6 billion, driven by increased trading volume, partially offset by a decline in overall commission rates [8] - Interest income rose by 20% to HKD 6.67 billion, mainly due to higher financing interest income and increased average margin balances [8] - Other operating income grew by 67% to HKD 879 million, attributed to increased fund distribution service income and currency exchange income [8] Costs - R&D expenses increased by 4% to HKD 1.49 billion, mainly due to an increase in the number of R&D personnel [8] - Sales expenses surged by 98% to HKD 1.41 billion, driven by strong growth in paying customers [8] - Management expenses rose by 23% to HKD 1.62 billion, primarily due to an increase in administrative staff [8] User Growth and Market Expansion - As of the end of 2024, the company had 2.51 million registered users, a year-on-year increase of 16%, and 458,000 account holders, up 29% year-on-year [8] - The total customer assets reached HKD 743 billion, reflecting a year-on-year growth of 53% [8] - The company is expanding its international strategy, with strong performance across seven global markets [8] Profit Forecast and Valuation - The profit forecast for the company has been adjusted upwards, with net profits expected to reach HKD 7.12 billion, HKD 8.92 billion, and HKD 11.01 billion for 2025, 2026, and 2027 respectively [8] - The current market capitalization corresponds to a P/E ratio of 16.21, 12.93, and 10.48 for 2025, 2026, and 2027 respectively [8]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Insights - The company achieved total revenue of HKD 13.59 billion in 2024, representing a year-on-year increase of 36%, and a net profit attributable to shareholders of HKD 5.44 billion, up 27% year-on-year [1] - In Q4 2024, the company recorded a total revenue of HKD 4.4 billion, a significant year-on-year increase of 87%, with net profit soaring 113% to HKD 1.9 billion [1] - The company is experiencing rapid growth in its global business, with a total trading volume of HKD 78 trillion in 2024, an 84% increase year-on-year, and record trading volumes in both Hong Kong and US markets [8] Revenue Summary - The company's brokerage commission revenue increased by 53% to HKD 6 billion in 2024, driven by increased trading volumes, although partially offset by a decline in overall commission rates [8] - Interest income rose by 20% to HKD 6.67 billion, primarily due to higher financing interest income and increased average margin balances [8] - Other operating income surged by 67% to HKD 879 million, attributed to growth in fund distribution services and currency exchange income [8] Cost Summary - Research and development expenses increased by 4% to HKD 1.49 billion, reflecting a rise in R&D personnel to support new products and markets [8] - Sales expenses saw a significant rise of 98% to HKD 1.41 billion, driven by strong growth in paying customers [8] - Management expenses increased by 23% to HKD 1.62 billion, mainly due to an increase in administrative staff, particularly in new markets [8] User Growth and Market Expansion - The company reported a 29% year-on-year increase in the number of registered users, reaching 25.15 million, and a 41% increase in asset-holding clients to 2.41 million [8] - The total client assets reached HKD 743 billion, reflecting a 53% year-on-year growth [8] - The company is expanding its international presence, with strong user acquisition momentum across seven major global markets [8] Profit Forecast and Valuation - The report projects net profits attributable to shareholders for 2025, 2026, and 2027 to be HKD 7.11 billion, HKD 8.92 billion, and HKD 11.01 billion respectively, with corresponding P/E ratios of 16.21, 12.93, and 10.48 [8][17] - The company is expected to continue its robust growth trajectory, particularly in overseas markets, with significant long-term growth potential [8]