🚀 Robin Rocket

2021-09-13 17:29:56 The first company for today is ZipRecruiter, Inc. $ZIP - HR platform.

Current price: $25
Target price: $29-31

ZipRecruiter, Inc. is a company that operates an online platform that connects the interests of job seekers and employers. The company was founded in 2010. It is headquartered in Santa Monica, California. Offices are also located in Tempe, Arizona; London, UK, Tel Aviv, Israel, and also in Canada.

The main concept of creating such a platform is to simplify the labor market for both job seekers and employers. Compared to other similar companies, in this case ZipRecruiter, Inc. works as a specialized recruiter, selecting suitable vacancies for job seekers and candidates for employers.

The company grew rapidly and even showed positive EBITDA over the past four quarters.

In 2020 they had a positive net profit with a gross profit of 87%.

In the long term, the company focuses on operating leverage, resulting in an adjusted EBITDA margin of +30%, while a gross margin of 88%.

Unlike many companies entering the public markets, ZipRecruiter is profitable.

Not an investment recommendation. Open / Comment

2021-09-13 15:57:06 Good morning!
#investor_morning

OPEC Monthly Oil Market Report

US Treasury Department releases US budget report for August.

Apple ($AAPL) will be in the spotlight after Friday following an adverse court ruling over its app store, just days before it unveils its new iPhone lineup (September 14).

Also this week in the spotlight is Boeing ($BA). It will announce August order and delivery data on Tuesday.

Beijing wants to disband Alipay ($BABA), the hugely popular payment app owned by Jack Ma's Ant Group, and create a standalone app for the company's highly profitable lending business, the Financial Times reported Sunday.

Palo Alto Networks ($PANW) and Zoom Video Communications ($ZM) are hosting analyst days.

The House of Democrats has unveiled a plan to subsidize new electric vehicles of up to $ 12,500, with General Motors ($GM) and Tesla ($TSLA) eligible again for subsidies.

Facebook ($FB) announced a $100 million commitment to support small businesses owned by women and minorities by buying up their unpaid bills.

Reporting today:
- Oracle ($ORCL) Open / Comment

2021-09-10 21:13:06 Lockheed Martin is an undervalued company with the US government as its main client

The aggravation of the situation in Afghanistan is likely to lead to an increase in US defense spending, which will positively affect the financial results of Lockheed Martin, the world's largest defense contractor. Consider the company's prospects.

Lockheed Martin $LMT is an American military-industrial corporation specializing in the construction of aerospace technology.
Target price from Morgan Stanley - $458, upside potential +31%

Theses in favor of the company's growth:

• Diversified business. The main areas are: aircraft construction, rocketry and the development of fire control systems; production of rotary and combat systems; space industry.

• The company presented positive reports for the 2nd quarter of 2021. Earnings per share increased nearly 13% y / y to $6.52. Revenue exceeded forecasts and amounted to $17.03 billion, which is 5% higher than last year.

• Underestimation of the company by the market. Lockheed Martin currently trades with the lowest forward P / E among peers - the market values ​​the company at about 13 annual earnings, while the sector median is 20.

• Potential acquisition of a key member of the rocket industry Aerojet Rocketdyne $AJRD.

Fundamental indicators:

• Market Cap: $98.58 billion
• fwd P/E = 12.5x
• fwd P/E sector = 20.56x
• PEG = 3.23x

Not an investment recommendation. Open / Comment

2021-09-10 19:10:06 Covetrus, Inc., $CVET analysis

Current price: $21.13
Target price: $29-30

Covetrus, Inc. is a US-based veterinary medicine innovation company that empowers veterinary healthcare teams in the pet, equine and large animal health markets.

Provides a full range of products, software and services that help improve animal health and performance for veterinary professionals.

The recent integration of cloud technologies into the product portfolio means a move towards the higher-margin software segment.

The company is well positioned to capitalize on cross-market trends in the US veterinary and pet care markets.

The company also signed a collaboration agreement with Veterinary Research Groups (“VSG”) back in October 2020, and this provides an additional stream of its own revenues for the company.

Not an investment recommendation. Open / Comment

2021-09-10 17:05:06 Overview of MYT Netherlands Parent BV, $MYTE

Current price: $28
Target price: $34-35

MYT Netherlands Parent BV is an elite e-commerce platform. The company offers luxury fashionable clothing for men, women and children. The company also sells shoes, bags and accessories.

Mytheresa is a growing company in a growing market.

The total revenue of luxury goods companies will reach 330 billion euros by 2025, and the share of e-commerce will increase to 31-32%.

Mytheresa will significantly increase its bottom line and return on equity by reducing the share of administrative and administrative expenses in revenue.

On the platform, there are more than two hundred such popular brands as Loro Piana, Bottega Veneta, Dior, Valentino, Gucci, Prada, Givenchy and others.

Not an investment recommendation. Open / Comment

2021-09-10 15:50:45 Good morning!
#investor_morning

Toyota $TM lowers car production plans due to semiconductor shortages.

Toyota $TM recalled 158,489 vehicles in the US.

Tesla $TSLA ditches offer of solar panels for homeowners by subscription.

Volkswagen $VWAGY sales for 8 months of 2021 grew by 13.3% y / y to 6,315,500 vehicles. In August, deliveries fell by 22.3% to 616,500 vehicles.

Grubhub $GRUB, DoorDash $DASH, Uber Eats $UBER are suing New York over a law to limit the fees apps can charge restaurants. The lawsuit says the cap on fees cost companies hundreds of millions of dollars in July.

Fed prepares to cut QE in November -WSJ. However, it is hardly worth waiting for the start of curtailment in September.

UK Department of Health announces termination of data transfer contract with Palantir $PLTR.

Facebook $FB is developing a machine learning chip for tasks such as recommending content to users and improving video quality.

Reporting today:
- Kroger ($KR) Open / Comment

2021-09-09 23:06:06 Oatly Group, $OTLY

Current price: $17
Target price: $22-23

The Oatly Group is a company specializing in the production of plant-based food and beverage alternatives to dairy products.

The company creates products in the oat milk category, which includes everything from milk, ice cream, yoghurt, cooking creams and more. This is all based on the same patented process.

Currently, Oatly is sold in over 20 countries, 60,000 retail stores and 32,200 stores worldwide, including partnerships with franchises such as Starbucks Inc.

Oatly's sales have grown 86% per year since 2018, including strong growth in the Asia and America region.

In recent years, the oat category has been gaining market share compared to other dairy alternatives such as soy and almond milk.

The market predicts revenue this year will reach $682 million and will grow by an average of 50% per year until 2025.

Not an investment recommendation. Open / Comment

2021-09-09 21:51:06 ArcelorMittal, $MT

Current price: $33
Target price: $40-41

ArcelorMittal is an international steel company, producing over 5% of the world's steel and owning and operating mines.

Although profits were cut last year, they are expected to grow strongly in 2021.

MT is the world's leading metallurgical and mining company.

Its strengths lie in its global scale and scope, technical capabilities and a diverse portfolio of steel and related businesses, one of which is the mining industry.

About half of sales are in Europe and geographic presence in South America and EMEA.

As the company continues to work to reduce its leverage in the business, it is beginning to demonstrate the benefits of its broad geographic diversification and leadership in the global steel market.

The Calvert joint venture, owned by ArcelorMittal, is one of the most modern steel finishing facilities in the world.

Not an investment recommendation. Open / Comment

2021-09-09 19:29:06 This is the paper, which can yield more than 25% Catch:

PG&E Corporation, $PCG

Current price: $9.32
Target price: $12

PG&E Corporation is a utility company that provides electricity and natural gas to northern and central California (more than two-thirds of California's territory).

The company has a holding structure, owns and operates extensive power facilities, including two nuclear power units, an extensive hydropower system, and has over 6,400 miles of trunk and local power lines.

There are more than 5.2 million clients in the company's service area: 42% are households, 58% are commercial, industrial and agricultural consumers.

PG&E Still Attractively Priced Compared to Two Other Major California Electricity Holding Companies.

The PG&E tariff base is expected to grow to 10% per annum, supported by the state's plan to electrify its fleet and phase out the sale of new gas-powered vehicles by 2035.

Not an investment recommendation. Open / Comment

2021-09-09 17:11:06 Avery Dennison Corp, $AVY

Price: $223
Target: $230-235

Avery Dennison Corp. is a global manufacturing company specializing in the design and manufacture of a wide range of label and functional materials.

Avery Adhesives was founded in 1935, and in 1990 the company merged with Dennison Manufacturing to form Avery Dennison.

Over the past 80+ years, the company has grown into a global Fortune 500 corporation.

Avery operates in over 50 countries. Production facilities are located in the USA, Belgium, Brazil, China, France, Germany, India, Israel, Luxembourg, Thailand, Great Britain, Vietnam, Shanghai.

About 77% of sales come from international operations. A significant portion of sales are from emerging markets including Asia, Latin America and Eastern Europe.

Avery Dennison Q2 earnings per share of $2.25 above its estimate of $2.05, sales of $2.10 billion above its estimate of $1.88 billion.

For the fiscal period 2021 to 2025, Avery expects to receive cumulative capital of ~ $6.2-6.7bln.

Not an investment recommendation. Open / Comment