Happy good Friday. ASO -- be aware of it next week. People are getting more interested in discussing ASO because it beats the earning, has tons of cash, and is heavily shorted.
PLTR, NIO, and UWMC, some OG meme stocks, are back in the spotlight today.
We keep monitoring social media to provide the latest updates from crowd sourced analysts and potentially moving stocks. If you are interested, remember to sign up for the newsletter list and utilize powerful tools to improve your analysis for FREE!
Stocks need to be noticed today from data we collected:
PLTR:
Price:
Last Closed Price: $23.07, Institutional Target Price from WSJ: $25.83, Reddit posts price: $
Summary on what’s going on:
PLTR is a low bottom company and has significant potential for growth. However, people are skeptical because great company might not mean great investment -- they don't think they can get enough profits.Their TAM is huge, but people question the valuation of PLTR whenever analysis is posted.
ASO:
Price:
Last Closed Price: $29.04; Institutional Target Price from WSJ: $30.67; Reddit posts price: $30
Summary on what’s going on:
Guess what? People are getting more interested in discussing ASO because it beats the earning, has tons of cash, and is heavily shorted. People on Reddit believe there could be a great upside because “Short interest is at 39%, public float is 31M and market cap is 2B, 9.1 days to cover”. There could be a major break before Friday next week. And here is a potential for a gamma squeeze. People approve this and they are in.
NIO:
Price:
Last Closed Price: $39.66; Institutional Target Price from WSJ: $62.06; Reddit posts price: $25.00
Summary on what’s going on:
.NIO along with their delivery numbers, have also gotten a boost due to TSM’s announcement that they will be investing into chip making. The whole EV sector is riding off of the announcement of the infrastructure plan. It’s still got a long way to go to reach their 52 week highs.
UWMC:
Price:
Last Closed Price: $7.75, Institutional Target Price from WSJ: $11.20, Reddit posts price: n/a
Summary on what’s going on:
UWMC, a favorite meme stonk, is apparently back in the spotlight. It’s another stock that Reddit was trying to pump due to it’s short interest; however, with UWMC there seems to be an Institutional and fundamental backing that warrants the price.
If you want to get daily update from us before market open, sign up here.
Comments