Today's stock market update 12/17/2024

 Today's top 10 stocks in my list:

$PFE Pfizer Inc: 4.67%
$TSLA Tesla Inc: 3.64%
$BMY Bristol-Myers Squibb: 3.19%
$NIO Nio Inc - ADR: 2.71%
$ENTG Entegris Inc: 2.48%
$ABBV AbbVie Inc: 2.18%
$WSM Williams-Sonoma Inc: 2.15%
$REGN Regeneron Pharmaceuticals: 2.09%
$DXCM DexCom Inc: 1.82%
$JNJ       Johnson & Johnson: 1.79%

Today's worst 10 stocks on my list:

$MRVL Marvell Technology Inc: -10.04%

$CVS CVS Health Corp: -5.49%

$CELH Celsius Holdings Inc: -5.49%

$MSTR MicroStrategy Inc: -5.41%

$VRT Vertiv Holdings Co: -4.18%

$RIVN Rivian Automotive Inc: -4.17%

$AVGO Broadcom Inc: -3.91%

$VST Vistra Corp: -3.83%

$TMUS T-Mobile Us Inc: -3.82%

$ANET Arista Networks Inc: -3.04%

Today's highest option volumes:

$NVDA NVIDIA Corp: 3.68M

$TSLA Tesla Inc: 3.05M

$AVGO Broadcom Inc: 1.21M

$PLTR Palantir Technologies Inc: 1.00M

$AAPL Apple Inc: 732.26K

$GOOGL Alphabet Inc Class A: 673.20K

$SMCI Super Micro Computer Inc: 640.04K

$MSTR MicroStrategy Inc: 610.21K

$AMD Advanced Micro Devices Inc: 573.64K

$MU Micron Technology Inc: 518.42K

$AMZN Amazon Inc: 447.14K

$MARA MARA Holdings Inc: 438.16K

$RIVN Rivian Automotive Inc: 420.70K

$SOFI SoFi Technologies Inc: 412.42K

$SOUN SoundHound AI Inc: 400.58K

$RIOT Riot Platforms Inc: 398.38K

$INTC Intel Corp: 344.05K

$GME GameStop Corp: 282.43K

$UBER Uber Technologies Inc: 252.07K

$HOOD Robinhood Markets Inc: 239.43K

$RGTI Rigetti Computing Inc: 235.00K

$MSFT Microsoft Corp: 229.09K

$BA Boeing Co: 226.14K

$META Meta Platforms Inc: 224.10K

$COIN Coinbase Global Inc: 221.19K

$CLSK CleanSpark Inc: 217.01K

$PFE Pfizer Inc: 205.72K

$F Ford Motor Co: 197.87K

$BABA Alibaba Group: 189.36K

$QBTS D-Wave Quantum Inc: 185.95K

The following stocks reached a new 52-week high today:

$AAPL Apple Inc

$GOOGL Alphabet Inc Class A

$TSLA Tesla Inc

$AVGO Broadcom Inc

$V Visa Inc

$ANET Arista Networks Inc

$PANW Palo Alto Networks Inc

$DASH DoorDash Inc

$NET Cloudflare Inc

$WSM Williams-Sonoma Inc

$TEVA Teva Pharmaceutical Industries Ltd

$LII Lennox International Inc

$XPO XPO Inc

$SOFI SoFi Technologies Inc

$COHR Coherent Corp

$IONQ IONQ Inc

The following stocks reached a new 52-week low today:

$NSRGY Nestle SA - ADR

$PEP PepsiCo Inc

$BHP BHP Group Ltd

$COP ConocoPhillips

$BUD Anheuser-Busch Inbev SA

$ELV Elevance Health Inc

$REGN Regeneron Pharmaceuticals Inc

$CI Cigna Group

$CNI Canadian National Railway Co

$CVS CVS Health Corp

$PSX Phillips 66

$HMC Honda Motor Co Ltd

$MPC Marathon Petroleum Corp

$OXY Occidental Petroleum Corp

$VLO Valero Energy Corporation

$NUE Nucor Corp

$HAL Halliburton Co

$DVN Devon Energy Corp

$ARE Alexandria Real Estate Equities Inc

$AVY Avery Dennison Corp

$NSANY Nissan Motor Co Ltd

$SIRI Sirius XM Holdings Inc

Stock market highs and lows on 12/16/2024

 

Today's top 10 gainers on my list:

$CIFR  Cipher Mining:  20.55%
$AVGO  Broadcom:  11.21%
$BITF  Bitfarms:  8.81%
$MARA  MARA Holdings:  8.05%
$RIOT  Riot Platforms:  8.01%
$RIVN  Rivian Automotive:  6.75%
$TSLA  Tesla Inc:  6.14%
$LCID  Lucid Group:  5.81%
$MU  Micron Technology:  5.62%
$CRWD  Crowdstrike Holdings:  5.48%

Today's 10  worst performers on my list:

$SMCI Super Micro Computer:  -8.26%
$CVS CVS Health Corp:  -5.61%
$PSX  Phillips 66:  -5.24%
$MPC Marathon Petroleum:  -5.06%
$ARM Arm Holdings:  -4.55%
$SBUX Starbucks Corp:  -4.41%
$DVN Devon Energy:  -3.81%
$MOS Mosaic Co:  -3.55%
$BLDR Builders FirstSource:  -3.52%
$BP          BP plc:  -3.4%

Today's highest option volume:

$NVDA NVIDIA Corp: 4.98M

$TSLA Tesla Inc: 4.05M

$AVGO Broadcom Inc: 1.84M

$AMD Advanced Micro Devices Inc: 1.32M

$PLTR Palantir Technologies Inc: 960.71K

$AAPL Apple Inc: 920.83K

$MSTR MicroStrategy Inc: 795.67K

$SMCI Super Micro Computer Inc: 581.62K

$AMZN http://Amazon.com Inc: 526.96K

$SOUN SoundHound AI Inc: 525.64K

$GOOGL Alphabet Inc Class A: 428.29K

$MARA  Mara holding: 361.70K

$MSFT Microsoft: 355.04K

$META Meta Platforms Inc: 350.68K

$RIOT Riot Platforms Inc: 350.29K

$INTC Intel Corp: 347.42K

$UBER Uber Technologies Inc: 325.05K

$CLSK CleanSpark Inc: 322.37K

$SOFI SoFi Technologies Inc: 277.31K

$DIS Walt Disney Co: 263.72K

$TSM Taiwan Semiconductor: 262.70K

$MU Micron Technology Inc: 253.72K

$MRVL Marvell Technology Inc: 234.91K

$GME GameStop Corp: 229.57K

$BABA Alibaba Group Holding: 229.24K

$COIN Coinbase Global Inc: 212.96K

$ADBE Adobe Inc: 205.19K

$UPST Upstart Holdings Inc: 205.06K

$NIO Nio Inc - ADR: 202.25K

$NKLA Nikola Corp: 199.91K

The following stocks reached 52-week highs today:

$AAPL

$AMZN

$GOOGL

$TSLA

$AVGO

$V

$COST

$HSBC

$ANET

$MRVL

$ORLY

$RBLX

$HOOD

$AFRM

$XPO

$SOFI

$MORN

Today the following stocks reached a new 52-week low:

$NSRGY

$COP

$ELV

$REGN

$CI

$CNI

$CVS

$PSX

$MPC

$OXY

$MCHP

$NUE

$DOW

$LYB

$BIIB

$ARE

Companies that raised dividends last week (12/9/24 to 12/13/24)

Companies that raised dividends last week:

$LINE Lineage Inc: 38.8%
$RCL Royal Caribbean Cruises: 37.5%
$TGLS Tecnoglass Inc: 36.4%
$ZTS Zoetis Inc: 16%
$LLY Eli Lilly And Co: 15.4%
$AVGO Broadcom Inc: 11.3%
$MDLZ MONDELEZ INTERNATIONAL: 10.6%
$BCPC Balchem Corp: 10.1%
$ABT Abbott Laboratories: 7.3%
$WDFC WD-40 Co: 6.8%
$SEIC SEI Investments Co: 6.5%
$EIX Edison International: 6.1%
$RWT Redwood Trust Inc: 5.9%
$AMGN Amgen Inc: 5.8%
$TTC Toro Co: 5.6%
$SYK Stryker Corp: 5%
$ENSG Ensign Group Inc: 4.2%
$INVH Invitation Homes Inc: 3.6%
$BMY Bristol-Myers Squibb Co: 3.3%
$MAA Mid-America Apartment: 3.1%
$ANDE Andersons Inc: 2.6%
$PFE Pfizer Inc: 2.4%
$NUE Nucor Corp: 1.9%
$EPRT Essential Properties Realty: 1.7%
$ARE Alexandria Real Estate Equities: 1.5%
$O Realty Income Corp: 0.2%

Last week's top and worst performing stocks

 Last week's best-performing stocks:

$DOCU Docusign Inc +35.00%
$SMCI Super Micro Computer Inc +27.00%
$LULU Lululemon Athletica Inc +24.00%
$PSTG Pure Storage Inc +22.00%
$ROKU Roku Inc +20.00%
$AAL American Airlines Group Inc +20.00%
$U Unity Software Inc +17.00%
$WDAY Workday Inc +17.00%
$MRVL Marvell Technology Inc +16.00%
$RBLX Roblox Corp +15.00%
$PLTR Palantir Technologies Inc +15.00%
$HPE Hewlett Packard Enterprise Co +14.00%
$RDDT Reddit Inc +14.00%
$COIN Coinbase Global Inc +13.00%
$TSLA Tesla Inc +12.00%
$ULTA Ulta Beauty Inc +10.00%
$AVGO Broadcom Inc +10.00%
$DDOG Datadog Inc +9.70%
$EL Estee Lauder Companies Inc +9.60%
$CRM Salesforce Inc +9.40%
$HOOD Robinhood Markets Inc +9.10%
$WSM Williams-Sonoma, Inc. +8.70%
$TER Teradyne Inc +8.60%
$META Meta Platforms Inc +7.90%

Last week's worst performers:

$INTC Intel Corp: -16.00%
$MCHP Microchip Technology Inc: -13.00%
$RKLB Rocket Lab USA Inc: -12.00%
$UNH UnitedHealth Group Inc: -11.00%
$HAL Halliburton Company: -10.00%
$NUE Nucor Corp: -8.90%
$UBER Uber Technologies Inc: -8.30%
$BALL Ball Corp: -7.80%
$DVN Devon Energy Corp: -7.50%
$UPS United Parcel Service, Inc.: -7.40%
$CVS CVS Health Corp: -7.40%
$CPB Campbell's Co: -7.30%
$FDX FedEx Corp: -6.90%
$SNPS Synopsys Inc: -6.70%
$CTRA Coterra Energy Inc: -6.70%
$ON ON Semiconductor Corp: -6.70%
$MBLY Mobileye Global Inc: -6.70%
$LYB LyondellBasell Industries NV: -6.60%
$SLB Schlumberger NV: -6.50%
$LEN Lennar Corp Class A: -6.40%
$ELV Elevance Health Inc: -6.40%
$CHWY Chewy Inc: -6.30%

Earnings from Salesforce and Okta

$CRM Salesforce is going to report its 2025 Q3 earnings after hours. 

Consensus revenue: $9.3B (+7.19% YoY)

EPS estimates: $2.45 (+15.92% YoY)

The following is the Q3 revenues reported by $CRM since 2004:

Salesforce's ($CRM) revenue has shown a consistent upward trend since 1999.

In Q3 of 2024, the revenue appears to be just under $10 billion, as indicated by the bar reaching close to the $10,000,000,000 mark on the y-axis.

The growth trajectory suggests a significant increase over the years, with a marked rise starting around 2015.

The trend indicates a steady expansion in revenue, likely due to an increased customer base, expanded services, or acquisitions.

$OKTA is going to report its earnings after hours.

Consensus revenue: $649.64M (+11.24%YoY)

EPS estimate: $0.584 (+32.60% YoY)

The charts below show the Q3 revenues and EPS for $OKTA since 2016. 

The revenue indicates consistent revenue growth, with a steep incline in recent years.

For the first time, there is a positive projection (represented in pink). This marks a significant improvement.

YTD it is down 10%. I am hoping for a jump after earnings.

EV/EBITDA against EBITDA Margin for Tech companies

EV/EBITDA against EBITDA Margin % can provide insight into a company's valuation, operational efficiency, and market perception. 

EV/EBITDA is used to compare the value of a company, including debt, to its cash earnings minus non-cash expenses.

EBITDA Margin % shows how much of each dollar of revenue is converted into EBITDA, which indicates operational efficiency and profitability.

High EV/EBITDA with High EBITDA Margin: This suggests a company is both profitable and highly valued by the market, potentially due to strong growth prospects or market dominance. 

High EV/EBITDA with Low EBITDA Margin: Could imply that the market is betting on future improvements or growth, despite current inefficiencies or lower profitability. $NVDA, $AMD

Low EV/EBITDA with High EBITDA Margin: Might indicate an undervalued company with good operational efficiency but possibly overlooked by the market, or it could reflect concerns about future growth or industry downturns. $AVGO, $TXN

Low EV/EBITDA with Low EBITDA Margin: This suggests a company that's both undervalued and operationally inefficient, potentially a distressed asset or one in a declining industry. $INTC, $ACN

This comparison can guide investment decisions:

Value Investing: Look for low EV/EBITDA companies with improving or already high EBITDA margins as potential undervalued opportunities. $QCOM, $CSCO, $AMAT, $LRCX, $NXPI, $AAPL.

Growth Investing: High EV/EBITDA might be justified if coupled with improving EBITDA margins, signaling operational leverage and growth. $CDNS, $ADBE.

Weekly recap: Stocks that were up or down more than 5%.

Notable stocks that were up more than 5% last week:

$RIVN Rivian Automotive Inc                         +29.07%

$FDX FedEx Corp                                         +18.15%

$CCL Carnival Corp                                         +15.09%

$CVNA Carvana Co                                         +14.26%

$RDDT Reddit Inc                                         +11.29%

$DDOG Datadog Inc                                         +11.12%

$MDB Mongodb Inc                                         +9.94%

$MUFG Mitsubishi UFJ Financial Group Inc +9.14%

$OKTA Okta Inc                                                 +8.63%

$PLTR Palantir Technologies Inc                 +8.19%

$SNAP Snap Inc                                                 +7.13%

$CHWY Chewy Inc                                         +7.01%

$TSLA Tesla Inc                                                 +6.92%

$BKR Baker Hughes Co                                 +6.74%

$GME GameStop Corp                                 +6.66%

$SNOW Snowflake Inc                                         +6.60%

$ROK Rockwell Automation Inc                 +6.10%

$CRM Salesforce Inc                                         +5.93%

$C         Citigroup Inc                                         +5.79%

$PANW Palo Alto Networks Inc                         +5.79%

$NOW ServiceNow Inc                                 +5.66%

$SONY Sony Group Corp                                 +5.53%

$LNG Cheniere Energy Inc                         +5.48%

$HUM Humana Inc                                         +5.05%

Notable stocks that were down more than 5% last week

$WBA         Walgreens Boots Alliance Inc     -24.25%

$NKE         Nike Inc                                         -22.69%

$FSLR         First Solar Inc                                 -12.49%

$MRNA         Moderna Inc                                 -11.76%

$POOL         Pool Corp                                 -9.18%

$DKNG         DraftKings Inc                         -8.73%

$JD                 JD.Com Inc                                 -8.62%

$MU         Micron Technology Inc                 -7.81%

$IP                 International Paper Co                 -6.80%

$EL                 Estee Lauder Companies Inc         -6.78%

$BBY         Best Buy Co Inc                         -6.64%

$MKKGY Merck KGaA                                 -6.59%

$PDD         PDD Holdings Inc - ADR         -6.46%

$CAH         Cardinal Health Inc                 -6.35%

$SMCI         Super Micro Computer Inc         -6.32%

$GIS         General Mills Inc                         -6.17%

$DKS         DICK'S Sporting Goods Inc         -6.16%

$CELH         Celsius Holdings, Inc.                 -6.04%

$APD         Air Products and Chemicals Inc -5.69%

$Z                 Zillow Group Inc Class C         -5.41%

$RTX         Rtx Corp                                     -5.19%

$RHHBY Roche Holdings                         -5.16%