thedailyinvestor

thedailyinvestor

Coinbase is clearly oversold due to the "FUD" within the market right now. With a P/E ratio of 11.75, Coinbase looks undervalued in my opinion. 12 Month Price Targets: Mean - $297 High - $600 Low - $135 #thedailyinvestor

thedailyinvestor

In this 11 part series, I will be covering one penny stock from each sector that I feel has potential to grow in the next few years. The first company I will cover is IRSA PROPIEDADES COMERCIALES or IRCP. This stock would fall under the real estate sector. IRSA Propiedades Comerciales S.A. operates as an investment arm of IRSA Inversiones y Representaciones S.A....

thedailyinvestor

A mega cap, a large cap, a medium cap, a small cap, and a micro cap stock walk into a bar. The bartender looks at them and says, "What do you want?" They all reply, "A Shot!" Well lets give these stocks "A Shot!" by taking a look at their price performance over the past 52 weeks and evaluating whether they are a "good buy." Mega Cap: Facebook or Meta (FB) has...

thedailyinvestor

The last time XLM was this bullish it rallied 3,000% back in 2020 in roughly 365 days. If this were to hypothetically happen again, then we would reach roughly $7.00+ a coin. The stellar foundation is a major player in the crypto space and totally overlooked in my opinion. Read more about their project here: www.stellar.org #thedailyinvestor

thedailyinvestor

My prediction is that ethereum (ethusd) will fall to test the lows of the $1700 area followed by bullish price action to test the $3300 level. Fear will then take over followed by a final sell off to retest the $2200 area with the bulls regaining traction, pushing the price level to $3400. This would lead us to a new bull cycle, which we would retest the all time...

thedailyinvestor

My prediction is that Bitcoin will fall to test $28500 area and then retest pivot level 1 as bullishness is regained, followed by a final exhaustion pullback to around the $32600 pivot level based on fear. We will then go on to retest the $52000 pivot level and then enter a new bill cycle testing the all time highs. #thedailyinvestor

thedailyinvestor

Since gold's high of $1,924 back on the 29th of August, 2011, gold has been forming a long-term cup and handle formation. With gold reaching $1,900 recently, and a myriad of other macro economic factors such as rampant inflation, global civil unrest, supply chain shortages, and geopolitical tensions, to name a few, we could easily see gold hit the psychological...

thedailyinvestor

Company Profile Sector : Materials Industry : Metals & Mining Company Location : Vancouver, BC Wheaton Precious Metals Corp.(WPM), a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has agreements for 24 operating mining assets and 7 development stage projects....

thedailyinvestor

Crocs'(CROX) acquisition of casual footwear brand Hey Dude is expected to be "immediately accretive to earnings" and will also allow the clogs maker to diversify into larger footwear markets, B. Riley said in a research note emailed Monday. Crocs (CROX) said Thursday it agreed to buy Hey Dude for $2.5 billion. The company said it would pay $2.05 billion in cash...

thedailyinvestor

How low will it go? Next support on the weekly candles is $39762. Will it hold?

thedailyinvestor

As of 3:30 pm EST, the S&P 500 has broken a key support level of $4546.70 or the most recent pivot level on the day chart. We should expect a further drawdown to $4431.07, or the next pivot level/key support on the daily chart if the S&P 500 isn't able to close above the $4546.70 support level. This is a break in the short term trend only. Medium and long term...

thedailyinvestor

Company Profile Sector: Health Care Industry: Biotechnology Company Location: Cranbury, NJ Palatin Technologies, Inc., a biopharmaceutical company, develops targeted receptor-specific therapeutics for the treatment of various diseases in the United States. The company's lead product is Vyleesi, a melanocortin receptor (MCr) agonist for the treatment of...

thedailyinvestor

Company Profile Sector: Real Estate Industry: Real Estate Management & Development Company Location: Reston, VA Comstock Holding Companies, Inc. develops, operates, and manages properties in the greater Washington, D.C. metropolitan area. The company operates through two segments, Asset Management and Real Estate Services. The Asset Management segment provides...

thedailyinvestor

With the inflation report coming out showing an annualized inflation rate of 6.2% now is a good time to purchase physical gold or gold stocks like Equinox or EQX. Sector: Materials Industry: Metals & Mining Company Location: Vancouver, BC Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. The company primarily...

thedailyinvestor

With inflation no longer appearing to be "transitory" as the FED would like everyone to believe, now is a good time to consider diversifying your portfolio with some physical gold. Yes, physical gold! You might ask, why invest in gold? It has hardly performed over the past 10 years. Well that time is now as we are right on the precipice of the FEDs transitory...

thedailyinvestor

As many of you are aware Zillow is in a major crisis after it was announced they will be selling 7,000 properties at a loss of around 10% per property with areas like Arizona, where 97% of the inventory being sold by Zillow is being sold at a loss. This is resulting in them stopping their IBuy program and laying off around 25%+ of their staff. Couple this with...

thedailyinvestor

Company Profile Sector: Materials Industry: Metals & Mining Company Location: Vancouver, BC SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, lead, and zinc deposits. Its projects include the...

thedailyinvestor

Company Profile Sector Information Technology Industry Software Company Location Vancouver, BC HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It is involved in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta...