2022 growth stocks

Share to Twitter Share to Linkedin Peloton’s stock has seen another sell-off, falling by around 40% over the last month, as surging inflation, rising interest rates, and the prospect of a recession continued to turn investors away from growth stocks and pandemic favorites. Moreover, Peloton’s Q3 FY’22 earnings were weaker than expected, with revenue declining to $964.3 million from $1.26 billion a year ago, as demand for at-home fitness equipment cooled considerably. This marked Peloton’s first year-over-year revenue decline since it went public. Peloton’s poor planning didn’t help either, as inventory has piled up, eating into the company’s cash just as sales fell. Net losses also widened to $2.27 per share, from about $0.03 a year earlier. Things are expected to remain tough over Q4 FY’22 as well, with the company projecting revenue of between $675 million and $700 million, well below consensus estimates, marking a decline of as much as 29% from the same quarter … [Read more...] about Peloton Stock Is Cheap Given Its Solid Subscription Business

Global equity markets rebounded after the S&P 500 pared losses that briefly took it into bear market territory, and the dollar gained on Friday, as investor unease about Federal Reserve policy tightening to curb inflation kindled fears of a recession. Shares rebounded earlier in Europe and Asia after China cut a key lending benchmark to bolster its weakening economy, helping initially to drive gains on Wall Street. China cut its prime rate for five-year loans, which influences mortgage prices, by 15 basis points in a reduction that was sharper than expected as authorities seek to cushion the impact of an economic slowdown. Also Read: Indian markets should be moving upwards next week, says IIFL’s Sanjiv Bhasin While a late-day rally stopped the S&P 500 from confirming a bear market, the gloom on Wall Street led the benchmark to fall for the seventh consecutive week, an event that has occurred only five times since 1928, according to S&P Dow Jones Indices. … [Read more...] about Global stocks rebound despite unease over economy; dollar gains

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Domestic commodity producers soared on May 20 after the world’s largest commodity consumer China cut its key lending rates by a record quantum to stimulate the economy ravaged by the latest outbreak of the COVID-19 and reemergence of lockdowns. Shares of domestic producers such as JSW Steel , Hindustan Copper , Tata Steel , Vedanta , National Aluminum Company , SAIL , and Hindalco Industries soared 2-7 percent in the morning trade. The Chinese central bank cut the five-year prime rate by 15 basis points to 4.45 percent in a bid to stimulate economic activity that has been ravaged by the latest outbreak of the COVID-19 pandemic and the reemergence of lockdowns. Shanghai, one of the biggest industrial hubs and ports in the world, hasn't reported a single COVID-19 case recently, … [Read more...] about Metal stocks rally as China cuts key lending rates to stimulate economy

Share to Twitter Share to Linkedin The shares of Vail Resorts (NYSE: MTN) have observed a sizable sell-off in recent months as rising inflation, countermeasures by the Fed, and the Russia-Ukraine war have lowered long-term investor sentiments. The company provides mountaineering-related services including ski school, mountain biking, hiking, and lodging in the U.S. and Canada. Per their investor presentation, the company is projecting 20% growth in lift pass revenues in FY 2022 – indicating high demand for Vail’s ski passes for the quarter ending April (Q3 FY2022). Trefis highlights the historical trends in Vail Resort’s revenues across different quarters over the last two years in an interactive dashboard analysis. How did Vail Resorts perform in 2021? In 2021, Vail Resorts reported $1.9 billion of total revenues – just 16% lower than pre-pandemic levels. The company’s top line observed strong growth before the pandemic, largely assisted by … [Read more...] about Time To Take Positions In Vail Resorts Stock?

Salil Parekh has been chief executive and managing director of Infosys since January 2018 India’s second largest software firm Infosys said on Sunday that its board has reappointed Salil Parekh as managing director and chief executive officer for five more years starting July, reposing trust in a leader who has turned around the company ever since he took over in January 2018. In a filing to exchanges on May 22, the company said, “The board in a meeting on May 21 approved the reappointment of Parekh subject to the approval of shareholders.” ESOPs to retain top talent The company has also rolled out performance-linked stock units to nearly 100 top executives amid rising attrition. The board has approved a grant of 104,000 shares to six key management personnel and another 375,760 shares to 88 other senior executives in a bid to retain leadership amid a war for tech talent. These performance stock units will be granted under the Infosys Expanded Stock Ownership … [Read more...] about Infosys reappoints turnaround artist Salil Parekh as boss, showers stock options on top execs

Share to Twitter Share to Linkedin Everybody's talking about higher inflation and rising interest rates, but are they worried? Not really. The Fed's on the case, so investors are asking, "Which investments are best to buy?" Barron's has the answer on its January 17 cover (underlining is mine): "2022 Roundtable - Our experts see a strong economy, a volatile market, and a good time for bargain hunting . " Turning to the article for stock ideas, we run into a cautious title, " Time to Buckle Up ," based on this summary: " Wall Street's pandemic-era party appears to be ending. Stocks, bonds, crypto, you name it - almost every asset class has hit a rough patch since 2022 dawned, and things could get worse before they begin to get better . That's the consensus of the 10 investors on Barron's Roundtable, which met this year on Jan. 10, on Zoom. The group looks for inflation to rage and stocks to stumble in the first half of 2022, as the Fed … [Read more...] about Dual Bond And Stock Bear Markets Look Likely

Fifty years ago this spring, one of the most influential books of the twentieth century was published. Written for the Club of Rome by Donella Meadows and colleagues at MIT, The Limits to Growth used new computer models to forecast an uncontrollable collapse in the global population and economy if prevailing patterns of environmental resource use and pollution continued. Exponential economic growth could not go on forever; at some point in the next 100 years, it would inevitably run up against Earth's finite environmental limits. A half-century later, with a climate and environmental crisis upon us, the debate triggered by Limits has returned with a vengeance. In 1972, the book came under immediate fire from economists who claimed that its authors failed to understand basic economics. If a resource becomes scarce, its price will rise, they pointed out. Other resources will then be substituted for it, and it will be used more efficiently. Far from leading to social collapse, … [Read more...] about Have we hit the limits to growth?

"India’s specialty chemicals industry is a decadal growth opportunity and it is still not too late to participate in the value creation process. We prefer CRAMS/CSM players Navin Fluorine (Navin) and PI Industries (PI) as they provide long-term earnings visibility. We also like UPL due to robust growth outlook and reducing debt concerns and SRF due to rising contribution from the chemicals business," JM Financial research report. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Sharekhan's research report on LIC Housing Finance LIC Housing Finance reported better-than-expected operating performance led by lower credit costs in Q4FY22. NII beat ours and the street’s expectations and was at Rs. 1,637 crore versus our estimate of Rs. 1,498 crore, rising by ~9% y-o-y and ~13% q-o-q. The company posted a PAT of Rs. 1,119 crore versus … [Read more...] about Buy LIC Housing Finance: target of Rs 505: Sharekhan

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Sharekhan's research report on Indraprastha Gas Q4FY22 operating profit of Rs. 500 crore (up 6.6% q-o-q) was in line with street estimates but 2.7% below our estimate due to lower-than-expected margin. PAT of Rs. 362 crore (up 17% q-o-q) beat estimate by 7% on higher other income. Volumes of 7.7 mmscmd was slightly above our estimate but witnessed only 1.2% q-o-q rise due to impact of third wave of COVID-19. EBITDA margins improved by 7.7% q-o-q to Rs7.2/scm (up 7.7% q-o-q) but missed estimate on high gas costs. Elevated gas cost to remain an overhang on margin in FY23 although IGL has pricing power in CNG/D-PNG. We expect ramp-up from new GAs to drive double-digit volume growth. Outlook A steep fall in the stock price makes valuations attractive at 16.3x FY24E EPS and thus we … [Read more...] about Buy Indraprastha Gas: target of Rs 450: Sharekhan

The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E.  Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Sharekhan's research report on Lupin Q4FY2022 was a weak quarter for Lupin with OPM surprising negatively, marred by escalated raw-material prices, leading to net loss. Lupin sees healthy growth traction for India business, while near-term … [Read more...] about Buy Lupin: target of Rs 780: Sharekhan