Amazon is releasing earnings, along with NIO, and investors are excited. Lots of pre-market movement for VXRT with anticipation of it’s vaccine presentation today. VIAC was named one of the most undervalued stocks and are expected to climb back after their issue with Archegos Capital Management earlier this year. NVDA has some investors worried, as a chip shortage hits the US, as well as announcing that it will dilute shares from 2 to 4 billion.
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 Today: AMZN, VIAC, NVDA, NIO, VXRT
AMZN
Price:
Last Closed Price: $3458.5, Institutional Target Price from WSJ: $4,027.74, Reddit posts price:
Summary of what’s going on:
AMZN’s earnings are today. AMZN could have a 10 to 1 split [Source:Reddit], although people are questioning the source because Bezos hates split. Retails are hyped over the AMZN. Institutions are also positive over AMZN earnings [Source: Seeking Alpha]
VIAC
Price:
Last Closed Price: $41.43, Institutional Target Price from WSJ: $55.36, Reddit posts price: $
Summary of what’s going on:
Report from Goldman Sachs claims that VIAC is a buy, and it is “The most underappreciated streaming stock”[Source: Reddit]. Moreover, people also believe that VIAC is undervalued [Source:Reddit]. On institution side, they believe that VIAC is ready for a bounce after the failure of Archegos Capital Management [Source: CNBC].
NVDA
Price:
Last Closed Price: $611.07, Institutional Target Price from WSJ: $660.58, Reddit posts price: $
Summary of what’s going on:
A chip shortage has caused many investors to begin planning around Intel joining the GPU space.
NVDA is proposing to have share dilution from 2 Billion Shares to 4 Billion Shares in the next annual meeting on June 3rd [Source: Reddit]. NVDA aso got approval from institutional side [Source:Motley Fool]
NIO
Price:
Last Closed Price: $41.19, Institutional Target Price from WSJ: $59.86, Reddit posts price: $
Summary of what’s going on:
NIO earnings are being released tonight after the market closes, and many investors on social media are excited to see if NIO turned itself around and made a little bit of profit [Reddit]. However, US President Biden has decided to fight back against Chinese manufacturing [CNBC]. He wants America to be more competitive in manufacturing, which may drive the price of NIO down as they are a chinese company.
VXRT
Price:
Last Closed Price: $10.52, Institutional Target Price from WSJ: $11.50, Reddit posts price: $
Summary of what’s going on:
VXRT is up almost 25% in the premarket, and investors are happy. We are expecting a second MVIS-type run for VXRT [Reddit]. This comes after VXRT announced a COVID-19 vaccine that they will present later today. If the vaccine does not go as intended, investors are worried the stock will tank, however they are confident the vaccine will work and could potentially rocket to $100/share [Reddit].
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