FYI. All the sporting goods stores are killing it. Dicks blew past earnings two days ago and raised guidance. Now Hibbett.
ASO reports on Thursday September 9 before the market opens.
Plan your strategies accordingly.
I say we see $2.25-$3.00 earnings from ASO, a boost of full year guidance, and a stock price move accordingly.
This ain’t advice, it’s just a heads up.
On April 30, FiveThirtyEight published this article as part of a series polling infectious-disease researchers from institutions around the United States about various coronavirus-related topics.
In light of the Georgia reopening move, they asked 17 experts how many cases the state would have per day for the week ending May 16.
>The consensus forecast of 1,044 new confirmed cases per day in two weeks suggests that Georgia will see a substantial worsening of the virus’s spread as a result of reopening. The daily number of new confirmed cases is forecast [with 90% confidence] to be somewhere between 579 and 2,292, with six experts indicating that an increase to 2,000 or more new cases a day is plausible.
Here is a chart of the predictions.
Georgia's COVID-19 Daily Status Report shows, as of the time I'm writing this, the following daily new case numbers for the week ending May 16:
| Date | New Cases |
|---|---|
| May 10 | 154 |
| May 11 | 454 |
| May 12 | 499 |
| May 13 | 570 |
| May 14 | 566 |
| May 15 | 705 |
| May 16 | 499 |
| Average per day: | 492 |
The average - less than half as much as the consensus forecast - was even outside the 90% confidence interval of the expert forecast. It might be tempting to throw out the May 10 number as an outlier, but weekend lulls are absorbed by testing during the week. it's not an outlier, it's a consistent part of the bigger picture - the weekend numbers are low each week.
FiveThirtyEight also asked them to predict what the numbers would be for the same week if Georgia had remained under the stay home order:
>Experts believe that the spread of COVID-19 could have been reduced had Georgia not relaxed its stay-at-home order. Under this scenario, experts predicted that Georgia would have seen only 487 new cases per day for the week ending on May 16, a reduction of more than 50 percent in new daily cases compared with the estimates in the open regime.
>There was also less uncertainty among experts in their predictions for Georgia’s new daily cases in the world where Georgia did not relax stay-at-home orders. Experts would have expected between 273 and 1,156 new cases per day, representing a spread half as large as the one for the new-case forecast without the stay-at-ho
... keep reading on reddit ➡"Over the longer term, we see growing profit pools for the EV value chain (Buy $TSLA*+, VW, SKI), airlines (Buy $ALK*+, $UAL*+, RYA, Indigo), biofuels (Buy $DAR*+, Neste, OCI) and petrochemicals/NGLs -- Buy LG Chem (on CL), Siam Cement, $TRGP*+(on CL) -- while pure-play refiners will remain challenged (Sell $CVI*-, S Oil, PKN) as we believe more capacity closures will be required in DMs. We prefer diversified refiners with value in the fuel retailing segment and SOTP upside such as Buy-rated HPCL/RIL (both on CL) in India and $MPC*+ (on CL) in the US. We remain positive on Brent oil forecasting US$80/bbl in 3Q21 on a near-term demand recovery and supply discipline, and we see significant value and FCF generation for upstream producers: Buy $BP*+ (on CL), RDShell, $XOM*+, $HES*+, $DVN*+ (on CL), $PTR*+ (on CL)."
https://preview.redd.it/4phakc2716t61.png?width=3303&format=png&auto=webp&s=fce8893f263f5bf8636566dfcb9f710dfe6627c5
Over the past few days, we have been crowdsourcing price estimates from cryptoasset hedge fund managers, independent investors, and enthusiasts. The following price estimates are the summation of that work and include estimates from 94 market participants (all active investors.)
Our Key Findings:
-
94 voluntary respondents were recruited from various Reddit and Medium communities.
-
Consensus was bullish for both BTC and ETH in the near and long term, with median price targets increasing over each consecutive period.
-
Median 12-month price target for BTC = $35,000 (a 2.3x increase from price at publication)
-
Notably, this priced consensus survey was more bullish than the recently collected general population estimates.
Price charts and additional findings can be found here: https://medium.com/@ajwatson/consensus-price-forecasts-for-btc-and-eth-dec-2017-4cd5c159dd8d
You can sign up to participate in future surveys here: https://docs.google.com/forms/d/e/1FAIpQLSeYUQ0RJBjwJTQO0XvujsgqbvhpI46jXoNpN3M4dufagtuTQw/viewform
The CEO sees opportunity in the current crisis issuing an upbeat statement saying "Our belief is that, in every industry, a crisis often accelerates the inevitable and that is what we see happening in higher education."
But Chegg was growing fast before the crisis (19% annual revenue growth for past three years) and the recent result only represents a moderate acceleration.
Priced on 14x current year estimates the stock is not cheap for the market leader. But Chegg has a market share of just 7% in English speaking countries suggesting there is plenty of room for growth of a highly scalable business. That means profit growth could exceed rapid revenue growth.
This is not a recommendation to buy or sell. Stocks are not suitable for everybody. Please do your own research.
The bank has been winning new business, best independent investment bank award (Euromoney), recruiting new talent and growing margins. It has come at the expense of a high level of employee stock compensation diluting investors but not so much as to prevent rapid EPS growth. The outlook looks good and so does the valuation.
This is not a recommendation to buy. Stocks not suitable for all investors. Please do your own research.
Hi all,
Just want to start by saying I love this sub. I have over 100k in TQQQ (bought in at the beginning of the year) and was wondering if anyone knew of a site that published consensus forecast figures for major indices? Essentially, I want to know what most analysts thing the Nasdaq 100 will end the year at.
Thanks!
Yes I know about the baby boomers and ageing populations needing more medial treatment but that takes years and a big increase in competition looks likely with Medtronic planning on launching its robotic surgical system next year.
If I’m going to pay a big premium for medical I’d prefer to pay for real growth. Align Technology (the invisible dental aligners company) looks perfect with recent growth of 30-40% and 25% forecast.
Baby boomers are one thing but few household expenditures can have the same urgency as an image conscious teenager requiring some dental attention. Social media and selfies mean that teenage angst are unlikely to decline soon while growing global incomes mean demand is only likely to continue to rise.
On a PE of 64 its not cheap but Align Technology has already reported huge growth and is continuing to market itself, is training 100,000 doctors to use their products and is targeting the huge Chinese market
This is not a recommendation to buy or sell. Stocks are not suitable for all investors. Please do your own research.
https://www.fool.com/investing/2017/09/27/3-top-stocks-in-healthcare.aspx
Its like TJX with a PE of 14 instead of 21
https://finance.yahoo.com/quote/BIG/analysts?p=BIG
This is not a recommendation to buy or sell. Stocks are not suitable for all investors. Please do your own research.
I have been trading with mindset like actual > forecast is favourable to the currency (or for certain figures actual < forecast is favourable to currency), but I really wondering how these forecast figures determined? Why people prefer to compare actual figures with forecast figures rather than previous figures? Any ideas?
Over the past few days, we have been crowdsourcing price estimates from cryptoasset hedge fund managers, independent investors, and enthusiasts. The following price estimates are the summation of that work and include estimates from 94 market participants (all active investors.)
Our Key Findings:
-
94 voluntary respondents were recruited from various Reddit and Medium communities.
-
Consensus was bullish for both BTC and ETH in the near and long term, with median price targets increasing over each consecutive period.
-
Median 12-month price target for ETH = $2,850 (a 4.2x increase from price at publication)
-
Notably, this priced consensus survey was more bullish than the recently collected general population estimates.
Price charts and additional findings can be found here: https://medium.com/@ajwatson/consensus-price-forecasts-for-btc-and-eth-dec-2017-4cd5c159dd8d
You can sign up to participate in future surveys here: https://docs.google.com/forms/d/e/1FAIpQLSeYUQ0RJBjwJTQO0XvujsgqbvhpI46jXoNpN3M4dufagtuTQw/viewform
