Today we have two bearish cases, BB and SNDL. People are losing faith in these meme stock, most likely because of the coinbase IPO hit and the attention was diverted. Amazon; however, seems to have a more optimistic view.
GOOOD MORNING! Here at AutoManus, we are passionate about making investing in the stock market fair for everyone, not just the big firms. We’ve developed a tool that gives EVERYONE the same information as Wall Street investors so anyone can make informed decisions. So, we’ve monitored various sources including social media and institutional analysts to bring you a well-rounded set of information to help you get that information. Below you’ll see the top stocks we’ve tracked and flagged. Use this information wisely :)
Stocks need to be noticed today from data we collected:
Stocks need to be noticed today from data we collected :
BB, AMZN, SNDL
BB:
Price:
Last Closed Price: $9.00, Institutional Target Price from WSJ: $9.44, Reddit posts price: $
Summary on what’s going on:
People are complaining about BB’s price and their returns, and they are losing confidence a bit on Reddit. Nothing particular is happening. Latest news for BB was the patent sale and BB is in transformation to a new business model [Source: Reddit]. Moreover, BB and IDM are establishing a new partnership [Source: Reddit].
AMZN:
Price:
Last Closed Price: $3,333.00; Institutional Target Price from WSJ: $4,016.30; Reddit posts price: $
Summary on what’s going on
Reddit discussions have a lot of confidence on AMZN. Schwab gives AMZN a C rating, but people do not care about it [Source: Reddit]. On analyst and institution side, they are also optimistic about AMZN [Source: Yahoo].
SNDL:
Price:
Last Closed Price: $0.90, Institutional Target Price from WSJ: $0.88, Reddit posts price: n/a
Summary on what’s going on:
SNDL took a beating this week, despite 4/20 approaching. Some are saying that SNDL is getting a bad rap and that it deserves more credit [Source: Investor Place]. Seems that even redditors are turning their back on the once meme stock [Source: Reddit].
NIO:
Price:
Last Closed Price: $38.48, Institutional Target Price from WSJ: $61.30, Reddit posts price: $112
Summary on what’s going on:
NIO seems to have been putting out good numbers, but in the world of meme stocks this means that it’ll go down; however, in the long run there is still potential for a comeback [Source: Reddit]. Benzinga put a highly speculative article out about NIO stating that it could follow the same path as TSLA with no regard for any technicals other than it looks like TSLA right now [Source: Benzinga]
PLUG:
Price:
Last Closed Price: $29.29, Institutional Target Price from WSJ: $59.77, Reddit posts price:$39
Summary on what’s going on:
A lot of bearish sentiment on plug. Some stating the stock is not nearly worth the price its at even after a huge dip over the past couple of weeks [Source: Reddit]. Mainstream media seems to be at the same spot, stating the fuel cell market isn’t large enough yet to warrant that price [Source: Yahoo]
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