In October, some companies I covered released their quarterly earnings reports. It's time to update their valuations and review the latest reports. Some explanations regarding screenshots with fair price estimates:

• I marked cells that I updated as grey (after the latest earning reports)
• Fair-to-Current Price and Current Price/Fair Price: green - undervalued, blue - fairly valued, yellow - overvalued
• Some Future EPS Growth marked as green means that the projected earnings growth is even higher; 20% is my maximum

Lam Research (LRCX): Undervalued 🟢

https://preview.redd.it/7kp5t0cfv8yd1.png?width=1814&format=png&auto=webp&s=bc4410f8735c6097662ca57497c2cb9dbdf5e95b

👍 Positive Points

• Lam Research posted a strong September quarter with revenues and earnings per share exceeding the midpoint of guidance.
• The company achieved its fifth consecutive quarter of revenue growth, indicating strong execution despite a challenging industry environment.
• LRCX is well-positioned to benefit from technology upgrades in NAND, which is expected to drive spending recovery.
• The company is seeing strong momentum in advanced packaging, with SABRE 3D revenue more than doubling this year.
• LRCX is experiencing strong customer demand for productivity enhancements and equipment intelligence services, with increased adoption of its offerings.

👎 Negative Points

• Domestic China WFE is expected to decline in the second half of the year, impacting LRCX's revenue from the region.
• Gross margin decreased slightly due to a decline in customer mix and increased incentive compensation.
• Operating expenses increased due to higher program spending and incentive compensation, impacting profitability.
• The NAND segment has experienced a prolonged down cycle, with spending expected to increase only in 2025.
• Lam Research anticipates a headwind in customer mix affecting gross margins due to a lower percentage of revenue from China.

First Solar (FSLR): Undervalued 🟢

https://preview.redd.it/8vghzbngv8yd1.png?width=1950&format=png&auto=webp&s=b1290e0e35e24a050565242df87c948d6bed7bc3

👍 Positive Points

• First Solar achieved a record quarterly production of 3.8 gigawatts, demonstrating strong manufacturing capabilities.
• The company inaugurated a new $1.1 billion Alabama facility, adding 3.5 gigawatts of solar manufacturing capacity, with plans for further expansion in Louisiana.
• First Solar has a robust contracted backlog of 73.3 gigawatts, providing long-term revenue visibility.
• The company is launching CuRe production, aiming to enhance its technology offerings and capture additional revenue through contractual adjusters.
• First Solar was recognized by MIT Technology Review and Time Magazine for its leadership in solar technology and innovation.

👎 Negative Points

• FSLR faced a $50 million product warranty charge due to manufacturing issues with its Series 7 product.
• The company experienced operational challenges, including hurricanes and logistical disruptions, impacting financial performance.
• There is ongoing pressure from Chinese dumping in the Indian market, leading to depressed ASPs and strategic shifts in production.
• First Solar had to terminate a contract with Plug Power due to project delays, impacting its bookings.
• The company is facing intellectual property challenges within the solar manufacturing sector, particularly related to TOPCon patents.

Medpace (MEDP): Undervalued 🟢

https://preview.redd.it/w0v7gqhiv8yd1.png?width=1928&format=png&auto=webp&s=37321c0516d27c5669e29d0b58d3ac5c8d5c021b

👍 Positive Points

• Revenue for the third quarter of 2024 was $533.3 million, representing a year-over-year increase of 8.3%.
• EBITDA for the third quarter increased by 31.7% compared to the same period in 2023, reaching $118.8 million.
• Net income for the third quarter rose by 36.7% year-over-year, driven by interest income and partially offset by a higher effective tax rate.
• Ending backlog as of September 30, 2024, was approximately $2.9 billion, an increase of 8.8% from the prior year.
• The company expects to convert approximately $1.62 billion of backlog into revenue over the next 12 months, indicating strong future revenue potential.

👎 Negative Points

• Backlog cancellations in Q3 were above the usual range, marking three consecutive quarters of elevated cancellations.
• Net new business awards decreased by 12.7% from the prior year, resulting in a net book-to-bill ratio of 1.0 for the quarter.
• The elevated cancellations are expected to depress reported net backlog awards in Q4 and Q1 of 2025.
• RFPs were down modestly on a year-over-year and sequential basis, indicating a potential slowdown in new business opportunities.
• Gross bookings were lower in the quarter due to prior cancellations, impacting the overall business momentum.

Visa (V): Undervalued 🟢

https://preview.redd.it/dsyw4poev8yd1.png?width=1799&format=png&auto=webp&s=b5e0a7c43b27f01308a01bc0f7a6c7de524a3a62

👍 Positive Points

• Visa reported strong financial results for the fourth quarter, with net revenue of $9.6 billion, up 12% year-over-year, and EPS up 16%.
• The company saw significant growth in cross-border volume, excluding intra-Europe, which rose 13%, and processed transactions grew 10% year-over-year.
• Visa continues to expand its consumer payments business, with over 4.6 billion credentials, up 7% year-over-year, and 11.5 billion [tok]-ens, with more than 30% of total transactions [tok]-enized.
• The company has made significant strides in new flows, with revenue growing 22% year-over-year in constant dollars, and Visa Direct transactions increasing by 38%.
• Visa has successfully renewed and expanded several key partnerships globally, including agreements with major clients like Grupo Pramerica, SMCC, Alrajhi, and Standard Chartered Bank.

👎 Negative Points

• Visa faces regulatory challenges, including a lawsuit by the Department of Justice, which the company believes is meritless.
• The company experienced slower growth in Asia Pacific payments volume, primarily due to macroeconomic conditions, particularly in Mainland China.
• Cross-border travel volume growth was lower than expected, mainly due to challenges in Asia Pacific travel corridors.
• Visa anticipates a significant increase in client incentives in fiscal 2025, which could impact net revenue growth.
• The company expects a step down in adjusted net revenue growth from Q4 2024 to Q1 2025 due to various factors, including increased incentives and the timing of pricing actions.

Alphabet (GOOGL): Undervalued 🟢

https://preview.redd.it/0pj3vjtkv8yd1.png?width=1837&format=png&auto=webp&s=c27b4fb79b69876583b0e1f112fc573d4833bddb

👍 Positive Points

• Alphabet reported a 15% increase in consolidated revenue, with Google Cloud revenue growing by 35% year-over-year.
• The company has made significant advancements in AI, with the Gemini models being integrated across all major products and platforms, reaching over 1 billion users.
• YouTube's combined ad and subscription revenue surpassed $50 billion over the past four quarters, driven by strong growth in YouTube TV, NFL Sunday Ticket, and YouTube Music Premium.
• Alphabet is making substantial investments in clean energy, including a corporate agreement to purchase nuclear energy, supporting its commitment to sustainability.
• The company is seeing strong engagement and increased search usage with the rollout of AI Overviews to over 100 new countries and territories.

👎 Negative Points

• Network advertising revenue declined by 2% year-over-year, indicating challenges in this segment.
• The company faces potential legal challenges from the DOJ, which could impact its search agreements with partners like Apple.
• Alphabet is experiencing increased costs, with total cost of revenue up by 10% and operating expenses rising by 5%.
• There is a headwind to year-over-year growth in subscription platforms and devices revenue due to the pull forward of Made by Google launches.
• The company is facing increased competition in the AI space, with a need to continuously innovate to maintain its leadership position.

Microsoft (MSFT): Fairly Valued 🔵

https://preview.redd.it/wof2io3nv8yd1.png?width=1811&format=png&auto=webp&s=37e60a6c8dd7487b3a300d95a41e24c300a3338e

👍 Positive Points

• Microsoft Cloud revenue surpassed $38.9 billion, marking a 22% increase, driven by strong demand for AI and cloud services.
• AI business is on track to surpass an annual revenue run rate of $10 billion next quarter, making it the fastest-growing business in Microsoft's history.
• Azure and other cloud services revenue grew 33% in constant currency, with healthy consumption trends.
• Microsoft 365 Copilot adoption is accelerating, with nearly 70% of the Fortune 500 using it, and customers continue to adopt it at a faster rate than any other new Microsoft 365 suite.
• LinkedIn revenue increased 10%, with record engagement and growth across all lines of business.

👎 Negative Points

• Microsoft Cloud gross margin percentage decreased by 2 points year over year, driven by scaling AI infrastructure.
• Operating expenses increased by 12%, partly due to the Activision acquisition, impacting overall profitability.
• Free cash flow decreased by 7% year over year, reflecting higher capital expenditures to support cloud and AI offerings.
• Supply constraints, particularly in AI infrastructure, are impacting Azure's ability to meet demand, leading to potential growth deceleration.
• The Activision acquisition had a negative $0.05 impact on earnings per share due to purchase accounting adjustments and related costs.

#indianstockmarket #mostexpensivestock

Yo, I'm currently seeking the perfect trading app for me.

So like it need to be available in France, also it needs to be adapted for daytraders and classical trading operations. I want to invest a 1,000 euros.

I've tried AvaTrade already but for some the reason not all stock is appearing to me (maybe i'm dumb idk, like if someone could explain lmao) and the commision is too high, I would prefer a commision based on the numbers of shares purchased rather than a flat flee but that's not that much important if it's a low price I guess.

(Bro this 560 letters rule is shit bruv, I couldn't post sorry for this)

We use the DCF model to value Apple. Apple's total debt of $100 billion is almost insignificant compared to its market capitalization of $3.5 trillion. Therefore, using cost of equity instead of WACC looks like a fair choice. With a cost of equity of 9.9%, the

Based on consensus, revenue growth is expected to accelerate from single digits to 12.6% in FY 2027. Due to the issues I described above, I think this is a risky assumption. Therefore, I have adopted a “rule of thumb” revenue CAGR of 8% for my DCF, as it is consistent with the consensus forecast for the next two fiscal years (sample of over 40 Wall Street analysts). The leveraged FCF margin is 22.34%. I expect it to remain flat due to the long-term issues mentioned above. To balance my cautious stance on the 1-5 year horizon, I am optimistic about Apple's 5% permanent growth rate.

Hi! I am an ex-prop shop equity trader.
This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold some/all MAG 7 stocks and market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations; I’m following subreddit rules to disclose positions. I use IBKR TWS for my platform and charts.

I am targeting potentially good candidates to day trade; I have no opinion on them as investments. This means the potential of the stock moving today is what makes it interesting, not the business, long-term prospects, or the people involved.

PLEASE ask specific questions and PLEASE don’t ask about earnings because I typically don’t take positions before earnings announcements. Questions like “Thoughts on _____?” or “Why isn’t ___ on the watchlist?” or something answered already will be ignored unless you add detail and your opinion. If you post a question and delete it after I answer it, I will block you – doing that hurts discussion. I am not answering questions if I’m still long or short a stock beyond what I update.

News: Key US Inflation Gauge and Spending Pick Up in Solid Economy

• SMCI - News from two days ago: auditor resigns. Currently flat, watching $30 level to see if we sell off more.

https://preview.redd.it/ezyvv1und3yd1.png?width=975&format=png&auto=webp&s=0126cc5b24d3134404ac6a8a5670afca673a9a20

• UBER - EPS of $1.20 vs $.41. Revenue of $11.2B vs $11.0B expected. Fell mainly due to lower guidance and bookings/trips misses.

https://preview.redd.it/kure0p8od3yd1.png?width=975&format=png&auto=webp&s=126908d3566593d98e9d810bb25d12ebc76832c9

• MSFT - Watching $410/$400 level. Reported $3.1B vs $3.3B expected, revenue of $64.51B vs $65.6B exp. Fell during the earnings call due to increased capex for AI infrastructure costs.

https://preview.redd.it/kv3zjwhod3yd1.png?width=975&format=png&auto=webp&s=f7806fcdcb73bd15097a4d4b1b942bd5df6891a0

• RBLX - Reports -$.37 vs -$.38 expected, revenue of $919M vs $878.4M. Strong revenue growth and raises guidance.

https://preview.redd.it/66je00tod3yd1.png?width=975&format=png&auto=webp&s=6712a41aa8d5ee60c943708a64a83183211e950d

• RDDT - Blew past the $100 level I was watching near open yesterday. Watching $120 level today. What a move.

https://preview.redd.it/oq8ast3pd3yd1.png?width=975&format=png&auto=webp&s=51cb48312c176672751169d5167c032c749995ca

Earnings: AMZN, AAPL, INTC

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

​

* How old are you? What country do you live in?

* Are you employed/making income? How much?

* What are your objectives with this money? (Buy a house? Retirement savings?)

* What is your time horizon? Do you need this money next month? Next 20yrs?

* What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)

* What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)

* Any big debts (include interest rate) or expenses?

* And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

Hey everyone! I’m looking to allocate £8,000 GBP into a diversified portfolio, with a focus on sectors that could benefit from Trump’s anticipated policies if he wins the 2024 elections. I’m planning to distribute the funds as follows:

• Oil & Energy: 40% (£3,200)
• Financials: 20% (£1,600)
• Infrastructure: 20% (£1,600)
• Pharmaceuticals: 10% (£800)
• Defense: 10% (£800)

I want to know your thoughts on this allocation and the expected holding periods. Here’s how I see each sector performing based on the potential policy landscape:

Sector Analysis

1. Oil & Energy (40%)
   • Policy Impact: Expect relaxed regulations and support for domestic production.
   • Expected Movement: Prices might stabilize above $85/bbl due to strong demand.
   • Holding Period: 6–12 months. I’ll reassess performance and consider trailing stops to manage risks.
2. Financials (20%)
   • Policy Impact: Deregulation and tax incentives could boost profits.
   • Expected Movement: Positive rate trends could enhance lenders’ margins.
   • Holding Period: 6–12 months. Keeping an eye on rate changes and potential deregulation.
3. Infrastructure (20%)
   • Policy Impact: Anticipated federal spending could ramp up.
   • Expected Movement: Steady gains as contracts are awarded, but slow price appreciation due to timelines.
   • Holding Period: 12+ months. Longer-term investments due to project lead times.
4. Pharmaceuticals (10%)
   • Policy Impact: Stable, but potential pressure on pricing.
   • Expected Movement: Moderate growth, especially for firms with domestic incentives.
   • Holding Period: 6–12 months. I’ll watch for FDA developments and pricing policy discussions.
5. Defense (10%)
   • Policy Impact: Increased spending on military capabilities expected.
   • Expected Movement: Steady gains from expanded contracts.
   • Holding Period: 12+ months. Long-term due to multi-year contract commitments.

Overall Strategy Thoughts

• Regular Rebalancing: I’ll keep a close watch on oil and leveraged ETFs, checking performance monthly or quarterly.
• Profit-Taking Strategy: Setting trailing stops to lock in gains, especially in volatile sectors like oil.
• Monitor Policy Changes: Staying updated on announcements to adapt my strategy accordingly.

Questions for Discussion:

1. What are your thoughts on the sector allocations? Any recommendations?
2. How do you see the oil market shaping up in the next 6-12 months?
3. Any advice on managing risk with ETFs in the financials, construction & defense sector?

Looking forward to hearing your thoughts! Thanks!

Hi StockMarket users!

We have recently noticed an increase in the number of posts that are requesting advice about portfolio allocations, next steps, etc. These posts tend to see decent engagement with helpful comments. On the other hand, we see that some users are complaining about these posts. The intent of this post is to collect community feedback on the "Belongs in portfolio thread" rule to better understand how the users of this subreddit would like to see this rule enforced.

Despite being a fairly large sub, this sub has somewhat low user activity and post engagement. We are attempting to balance post volume with post quality. The mods of this subreddit have discussed this rule internally on multiple occasions. We would like to open the discussion up to the community to collect your thoughts.

Would you like the mods to:

1. Remove the "Belongs in Portfolio Thread" rule and the stickied portfolio review thread
2. Remove low-effort portfolio review posts (e.g. image-only posts, allocation-only posts, etc.). Users are required to provide a minimum level of commentary explaining their portfolio allocation and strategy to help guide constructive answers.
3. Strictly enforce the portfolio review rule on any related posts. We're not here to review other people's portfolios.

We are open to any other suggestions as well! Feel free to discuss in the comments.

Need clarity on what are these treasuries 10+ years and some examples of the same. Just got approved for Margin. Trying to learn the ropes

I (20m) Have been investing for two years on and off, and when I started I thought just like every 18yr old who thinks they can try to win big off one trade. It did not work. I took some time off(i was broke)I ended up getting a full time job selling tires at firestone. It’s okay job. I started to invest more money in safer companies not doing options and so far it been working. i’m still down year to date but it’s only a mater of time till im back in the green. where I’m trying to get advice is when I was 18 I leased the car and I have two more years left of the lease either come up with $21,000 to buy the car or give it back and lose out on all the money I’ve already put into it. Is investing stocks worth it? or should I yolo it and try to make it all in one trade?

Apple's revenue for the most recent quarter is expected to be $1.54 per share, up 5.5% from last year. As a result, investors may expect a nice trading opportunity following the report.

Apple's revenue for the most recent quarter was $85.78 billion, up 4.9% from the previous year. Earnings per share for the period came in at $1.40, which is comparable to the $1.26 per share reported in the same period last year. Compared to my forecast of $84.43 billion, disclosed revenues were 1.59% higher. eps was a surprising +4.48

Apple's consensus revenue forecast for the current quarter was $94.43 billion, up 5.5% year-over-year. The forecasts for the current and next fiscal years are $390.54 billion and $421.48 billion, respectively, representing changes of +1.9% and +7.9%.

Over the past four quarters, the company has exceeded general market expectations for earnings per share and has consistently exceeded general market expectations for revenue.

In the daily chart of AAPL stock, sustained buying pressure is questionable as prices have recently squeezed within a triangle pattern. In this case, investors may find a stabilizing trend once a proper bearish breakout of triangle support occurs.

From a broader perspective, the 200-day simple moving average is below the current Apple stock price by an even wider margin. Although a bullish crossover can be seen at the 196.29 static line, a bearish correction is waiting in the wings as mean reversion. Moreover, the 50-day SMA is closer to the triangle support level, which is a significant hurdle for sellers.

Based on this outlook, effective selling pressure stabilizing the market below the static line at 227.77 could push the price towards the 212.00 level. However, a bullish rally is possible after a bullish bounce from the 228.00 to 220.00 area. In this case, buying pressure could extend to the 260.00 to 280.00 area.

Any suggestions? I keep my portfolio in 1000 year Swiss bonds but wondering if I should diversify to railroads and steamboats, I hear this steam engine technology might be big!

I also want to focus more on clean energy and sustainable, ethical stocks in the future. If you have any recommendations, let me know! I try to invest around 400€ a month.

Hey guys, so right of the bat: if this isnt the right subreddit or there is a good re-direct please let me know.

I've got some savings in the bank and as we all know they are doing nothing but losing value. I'm 28, living and working in the EU so all money is in €. For a while I spent some time and energy on daytrading but it is not something for me. Im interested in more long term passive options, but I dont know where to fucking start...

From what i've gathered ETF's or an Index Fund seem the most managable for me, but I have 0 clue for how long and where etc. Please can someone push me in a certain direction? Ask for anymore info if you deem it necessary. Thanks!

7.9k invested, but seeing some slow growth, am i off to a good start with this portfolio

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

​

* How old are you? What country do you live in?

* Are you employed/making income? How much?

* What are your objectives with this money? (Buy a house? Retirement savings?)

* What is your time horizon? Do you need this money next month? Next 20yrs?

* What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)

* What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)

* Any big debts (include interest rate) or expenses?

* And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!