Photo by Volodymyr Hryshchenko / Unsplash
Today is Monday, January 31, 2022.
New to this newsletter? Sign up here.
Social Sentiment Stock Picking From an Expert
Tracking the social sentiment of retail investors can be a great way to pick stocks, says Stuart Mooney, the co-founder for investment idea platform Utradea, on a new episode of the Early Bird podcast.
Background: Social sentiment became an important data point due partly to new retail investors coming into the market, according to Mooney.
Important: It is critical to understand the pulse of retail traders, Mooney says, especially if it concerns your stocks.
Alternative: Mooney says that data about stocks traded by politicians and flight data about company jets are two examples of alternative data to monitor.
Final Thoughts: What data points does Mooney keep track of on Utradea? Find out by listening to a new episode of the Early Bird podcast.
Notables
Notable Earnings Today: Otis Worldwide (NYSE: OTIS), NXP Semiconductors (Nasdaq: NXPI), AGNC Investment (Nasdaq: AGNC), Cirrus Logic (Nasdaq: CRUS), Ryanair Holdings (Nasdaq: RYAAY), Axalta Coating Systems (NYSE: AXTA), Cabot (NYSE: CBT), Fabrinet (NYSE: FN), Harmonic (Nasdaq: HLIT), PotlatchDeltic (Nasdaq: PCH), Sanmina (Nasdaq: SANM), Tata Motors (NYSE: TTM), Trane Technologies (NYSE: TT), Woodward (Nasdaq: WWD), First Foundation Bank (Nasdaq: FFWM).
Notable IPOs Today: The Growth for Good Acquisition Corporation Class A Ordinary Shares (Nasdaq: GFGD), BurTech Acquisition Corp. Class A Common Stock (Nasdaq: BRKH), T Stamp Inc. Class A Common Stock (Nasdaq: IDAI), Blue World Acquisition Corporation Unit (Nasdaq: BWAQU), Power & Digital Infrastructure Acquisition II Corp. Class A Common Stock (Nasdaq: XPDB), Target Global Acquisition I Corp. Class A Ordinary Share (Nasdaq: TGAA), Genesis Growth Tech Acquisition Corp. Class A Ordinary Shares (Nasdaq: GGAA), Emerging Markets Horizon Corp. Class A Ordinary Shares (Nasdaq: HORI), Healthcare AI Acquisition Corp. Class A Ordinary Shares (Nasdaq: HAIA).
Notable Equity Crowdfunding Campaigns Ending Today: Cityzenith (Wefunder), Correlate Health (NetCapital), Team Topia (Wefunder), MedCoShare (Wefunder), International Gap Year (Wefunder), Terraformation (Republic), Eli Tea Bar (MainVest), Upright (Republic), KarbonPay (StartEngine).
Notable Economic Events Today: Chicago PMI (9:45 a.m. ET).
Citrix Might Be Taken Private, Report Says
Photo by Firmbee.com / Unsplash
Cloud computing company Citrix (Nasdaq: CTXS) could be acquired by Elliot Management and Vista Equity for about $13 billion, according to a Bloomberg report on Sunday.
Details: While the company has not confirmed the buyout, the report says that the acquisition would equal $104 per share and it could be announced as early as Monday.
Background: Elliot took a 10% stake in Citrix in September. There was a report last week that suggested that financing is being worked out in order to arrange for an acquisition.
Final Thoughts: Shares of Citrix are down 20% in the past year.
Is Netflix a Buy in 2022?
After some recent bad earnings, should investors consider buying Netflix (Nasdaq: NFLX)?
Numbers: Netflix shares are down 28% in the past year, and the stock is trading below its 50-day and 200-day moving averages.
Big Bet: Last week, Bill Ackman and Pershing Square purchased 3.1 million shares of Netflix, becoming a top-20 shareholder in the process. This is a good sign for the company.
Insider: Netflix co-CEO Reed Hastings purchased $20 million shares of the company’s stock last week. This was done to boost confidence in the company.
Final Thoughts: Can Netflix regain its tremendous user growth, which has slowed down as of late? The company is raising its subscription prices, which should help with revenue.
Trends to Watch
Twister: Crypto's 'Tornado Cash' fans money laundering fears, may be 'tip of the iceberg' (Yahoo! Finance)
Back to Reality: Move Over, Meme Stocks: Retail Investors Go Back to the Blue Chips (The Wall Street Journal)
Time to Buy: Stocks Have Had Their Worst January Since 2008. That’s Creating Buying Opportunities. (Barron’s)
Driving Prices Up: China’s Covid lockdown rules are sending prices higher, says Chinese EV start-up (CNBC)
Top Goal: Robo.cash Reveals that 34% of P2P Investors have Expanded their Portfolios to Generate Passive Income (Crowdfund Insider)
Thank you for reading!
Forward to a friend and tell them to sign up here.
Want more investing tips? Listen to the podcast.
Questions or comments? Hit reply to reach out.