🚀 Today's Big Ideas: Alphabet, Boeing, Apple
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TODAY’s Big Ideas:
ALPHABET (Google) sets up for +11.1% rally in 2 months
BOEING sets up for +9.6% rally in 1 month
APPLE sets up for +12.0% rally in 3 months
For more investment insights, please visit us at www.LongShortBets.com
(1) Score 9.6 (out of 10): ALPHABET (Google) sets up for +11.1% rally in 2 months
What’s Going On Here?
Alphabet (Google) has released earnings beat across the board. Revenue +32% YoY, Services +31%, Cloud +45% YoY, while operating income increased +40% YoY. Operating margins increased from 28% to 29%, beating estimates of 28.8% while capital expenditure was lower at $6.38bn vs. estimates of $7.42. The company also announced a 20-for-One stock split.
Why Now?
ALPHABET INC-CL C has reached a new shorter-term high. Previously, during similar occasions, ALPHABET INC-CL C shares had a median return of +11.1%, over the following 2 months – based on 10 historical occasions with 9 of those showing positive returns (90% hit ratio). This buy signal for ALPHABET INC-CL C received a high score of 9.6 (out of 10). This insight was generated on 2022-February-2 with last price of 2960.73.
What’s This Company About?
ALPHABET INC-CL C is in the Web Portals/ISP business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth +19.7% (average). Ticker symbol: GOOGL US.
What’s My Risk / Reward and Time Horizon?
We found 2 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 3288.74 (+11.1%) has been reached. Based on ALPHABET INC-CL C’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 2958.23 (last price at 2960.73), which is equivalent to a -0.1% decline.
You might also like: Score 9.2 (out of 10): UNITEDHEALTH GROUP sets up for +15.8% rally in 3 months
(2) Score 9.5 (out of 10): BOEING sets up for +9.6% rally in 1 month
What’s Going On Here?
Boeing has landed a huge airplane order from Qatar Airways. The airline has committed buying 50 Boeing 737 Max jets with a contract value of $27bn.
Why Now?
BOEING CO/THE has triggered a new high volatility signal (3 month). During similar occasions, BOEING CO/THE shares had a median return of +9.6%, over the following 1 month – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for BOEING CO/THE received a high score of 9.5 (out of 10). This insight was generated on 2022-February-1 with last price of 207.52.
What’s This Company About?
BOEING CO/THE is in the Aerospace/Defense business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. ‘Wall Street’ analysts think the stock price will be worth +25.8% (average). Ticker symbol: BA US.
What’s My Risk / Reward and Time Horizon?
We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 227.39 (+9.6%) has been reached. Based on BOEING CO/THE’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 205.02 (last price at 207.52), which is equivalent to a -1.2% decline.
You might also like: Score 9.6 (out of 10): EXPEDIA GROUP sets up for +19.3%% rally in 3 months
(3) Score 8.0 (out of 10): APPLE sets up for +12.0% rally in 3 months
What’s Going On Here?
APPLE will likely launch many new products in 2022. It appears that the company accidently leaked new iPads and new iPhone versions which are targeting the lower pricing segment. This could mean the company is targeting lower margin products but is trying to increase its user base.
Why Now?
APPLE INC has reached a new shorter-term high. Previously, during similar occasions, APPLE INC shares had a median return of +12%, over the following 3 months – based on 10 historical occasions with 8 of those showing positive returns (80% hit ratio). This buy signal for APPLE INC received a high score of 8 (out of 10). This insight was generated on 2022-February-2 with last price of 175.84.
What’s This Company About?
APPLE INC is in the Computers business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth +9.2% (average). Ticker symbol: AAPL US.
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 196.99 (+12%) has been reached. Based on APPLE INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 173.34 (last price at 175.84), which is equivalent to a -1.4% decline.
For more investment insights, please visit us at www.LongShortBets.com