Articles for author: Ron Finklestien

March 26, 2024

Ron Finklestien

Unlocking Linde (LIN): A Beacon of Resilience Amid Market Volatility

Linde Surpasses Market Trends Linde (LIN) concluded the latest trading session at $467.55, showcasing a 0.14% rise over the previous session. This surge outpaced the S&P 500’s 0.28% loss, hinting at the stock’s resilient nature during tumultuous market fluctuations. The Dow Jones also recorded a subtle dip of 0.08%, while the Nasdaq, known for its technology-laden stocks, saw a decrease of 0.42%. Robust Performance and Projections Over the past month, Linde’s shares soared by an impressive 4.94%, outshining the Basic Materials sector’s 4.7% gain and the S&P 500’s 2.67% increase, setting a positive tone for the company’s fiscal health. The

March 26, 2024

Ron Finklestien

The Electrifying Rise of Electric Vehicle Stocks

Expound on the financial dynamics of the trio showcasing notable performance leaps in the electric vehicle realm The Nio Phenomenon In the landscape of electric vehicle innovators, Nio (NYSE:NIO) stands as a paragon of growth. As of Q4 2023, vehicle sales constituted a significant 90% of Nio’s total revenue, amounting to a substantial increase of 4.6% YoY, reaching RMB15,438.7 million (US$2,174.5 million). Beyond automobiles, Nio’s adept monetization of auxiliary sales channels, such as accessories and power solutions, added a compelling 27.6% YoY increase in Q4, bolstering revenue diversification. With a commendable delivery of 50,045 units of premium smart electric vehicles

March 26, 2024

Ron Finklestien

Exploring the Future: 3 Anticipated IPOs Post Reddit’s Thriving Market Entry

Reddit (NYSE:RDDT) is taking the market by storm with a remarkable surge post-IPO, maintaining its upward trajectory despite the looming options launch next week for options traders. In recent years, IPOs have experienced a lull, overshadowed by a wave of SPACs in the pandemic era. However, with rising interest rates and subdued stock conditions, IPO activity dwindled significantly. Reddit’s IPO could signify a turning point in the IPO landscape, and three companies are tentatively eyeing a public debut in 2024. Panera: A Taste of the Past and Future Source: Jonathan Weiss / Shutterstock.com Panera has a history in the public

March 26, 2024

Ron Finklestien

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Video: Eldorado Gold geared for growth as Skouries build progresses

Eldorado Gold’s Ascendancy: Skouries Construction Forges Path to Progress Embracing Expansion Eldorado Gold’s CEO George Burns articulates that ramping up production is the definitive approach to augmenting shareholder value. Eldorado Gold (TSX: ELD; NYSE: EGO) envisions a robust 45% expansion in its production capacity over the next quartet of years, targeting an output of 703,250 oz. of gold annually, as voiced by CEO George Burns. Capping off a commendable operational display in 2023, the company achieved a noteworthy 7% upsurge in gold output year-over-year, minting 485,000 oz. of the precious metal at an all-in sustaining cost hovering around $1,200 per

March 26, 2024

Ron Finklestien

Fed Chair Signals Interest Rate Direction; Bonds Get a Boost

Fed Chair Signals Interest Rate Direction As the financial world tuned in to the Federal Reserve’s decision on interest rates, both bonds and stocks found themselves in an upward trajectory. The source of this rally was none other than Fed Chair Powell, delivering a reassuring message that rate cuts were indeed in the pipeline for later this year. Providing further clarity, Powell mentioned that the ‘policy rate is likely at its peak’ – painting a vivid picture of the road ahead in monetary policy. FOMC Forecasts and Market Consensus In an era where every decimal point matters, particularly in the

March 26, 2024

Ron Finklestien

Unleashing The Future With Security Tokenization

Embarking on this week’s ETF Prime journey, host Nate Geraci delved into discussions with VettaFi Senior Research Analyst Zeno Mercer, exploring the burgeoning trend of securities tokenization. Following this enlightening conversation, Matthews Asia portfolio manager Andrew Mattock graced the episode to shed light on the firm’s strategic approach to ETF investments. Decoding the Tokenization Process Reflecting on BlackRock’s recent foray into tokenized funds, Mercer intricately dissected the methodical process of asset tokenization on the blockchain. Mercer revealed that converting assets into tokens is a straightforward endeavor, highlighting money market funds as particularly seamless candidates for conversion. Mercer lauded the decentralized

March 26, 2024

Ron Finklestien

Reddit Stock Buzz: Top RDDT Investors Making Bold Moves

Source: Poetra.RH / Shutterstock.com With Reddit’s (NYSE:RDDT) stock soaring, trading up over 10% today – almost doubling from its IPO price of $34 – investors are buzzing. RDDT’s IPO raised a whopping $631.60 million by selling 23.50 million shares. Analyst Dan Salmon from New Street Research gave Reddit its first rating, tagging it “neutral” with a price target of $54. He predicts increased volatility before and after Reddit’s first earnings report and the 180-day lockup period expiration, allowing insiders to sell shares. Salmon forecasts a 44% revenue surge to $1.16 billion for 2024, followed by 34% growth in 2025 to

March 26, 2024

Ron Finklestien

The Rise of KEMX: A Prime Opportunity in Emerging Markets ETF

Exploring the Potential of KEMX Diving into the world of international investments unveils a myriad of possibilities, with one shining star currently stealing the limelight. KEMX, the KraneShares MSCI Emerging Markets ex China Index ETF, stands firm amidst the complexity of the market, beckoning investors with its promising trajectory both on the tech chart and in terms of overall performance. For those seeking exposure to foreign equities, this ETF emerges as a compelling option. Discover More: Navigating Emerging Markets with a Flair for China Allocation A Strategy Rooted in Excellence At an affordable 24 basis points fee, KEMX tracks the

March 26, 2024

Ron Finklestien

Unveiling Optimal Strategies for Value Investing in Today’s Market

Exploring Untapped Potential Amidst the continuing trend of growth stocks outshining value stocks in 2024, there lies an intriguing opportunity for investors and portfolio managers alike. Year-to-date, the iShares S&P 500 Growth ETF (IVW) has surged by 15%, overshadowing the modest 6% climb of the iShares S&P 500 Value ETF (IVE). Insightful Perspectives NewEdge Wealth CIO, Cameron Dawson, foresees risks lurking within the realm of high-flying growth stocks, masking ‘nosebleed valuations’. However, he remains optimistic about the hidden gems among value stocks, especially in robust semiconductor supply chain companies and former growth giants turned mature value entities like eBay and

March 26, 2024

Ron Finklestien

The Quest for Profitable Stocks Amidst Wall Street Volatility

As Wall Street temperature cools and a potential pullback lingers in the air, investors are on the lookout for stocks that can weather the storm and navigate the finicky market waters. With the start of the second quarter looming, the hunt is on for top-ranked stocks that have a proven track record of efficiently generating profits. Economic indicators are pointing towards a market possibly teetering on the brink of overheating, particularly in the realm of Artificial Intelligence. The upcoming quarterly earnings season could serve as the litmus test for Wall Street’s next moves. The Federal Reserve, on the other hand,