Stock market summary - 6/17/2024

 

Today's worst 10 performers on my watchlist:

Vistra Corp                         $VST -4.05%

Crown Castle Inc                 $CCI -2.79%

Albemarle Corporation         $ALB -2.78%

PG&E Corp                         $PCG -2.58%

Celsius Holdings, Inc.         $CELH -2.57%

SBA Communications Corp $SBAC -2.43%

American Tower Corp         $AMT -2.41%

Eversource Energy                 $ES         -2.3%

Edison International         $EIX -2.29%

Hershey Co                         $HSY -2.12%

Today's top 10 performers on my watchlist:

Jabil Inc                                 $JBL 4.14%

Micron Technology Inc         $MU 4.58%

General Electric Co                 $GE         4.72%

Steel Dynamics Inc                 $STLD 4.86%

Super Micro Computer Inc $SMCI 5.08%

Tesla Inc                                 $TSLA 5.30%

Broadcom Inc                         $AVGO 5.41%

DraftKings Inc                         $DKNG 7.81%

CleanSpark Inc                 $CLSK 8.64%

Bitfarms Ltd                         $BITF 9.41%

Notable stocks that reached 52 week high today:

Microsoft Corp                                         $MSFT

NVIDIA Corp                                         $NVDA

Taiwan Semiconductor Mfg. Co. Ltd. $TSM

Broadcom Inc                                         $AVGO

Eli Lilly And Co                                 $LLY

Costco Wholesale Corporation         $COST

Netflix Inc                                         $NFLX

Qualcomm Inc                                         $QCOM

Applied Materials, Inc.                         $AMAT

Micron Technology Inc                         $MU

Intuitive Surgical, Inc.                         $ISRG

Unilever plc                                         $UL

Lam Research Corporation                 $LRCX

Honeywell International Inc                 $HON

Booking Holdings Inc                         $BKNG

TJX Companies Inc                                 $TJX

Marsh & McLennan Companies Inc $MMC

SoftBank Group Corp - ADR                 $SFTBY

Crowdstrike Holdings Inc                 $CRWD

Chipotle Mexican Grill, Inc.                 $CMG

Colgate-Palmolive Company                 $CL

McKesson Corp                                 $MCK

Cintas Corp                                         $CTAS

Motorola Solutions Inc                         $MSI

Trade Desk Inc                                 $TTD

Kimberly-Clark Corp                         $KMB

Sea Ltd                                                 $SE

Corning Inc                                         $GLW

Tractor Supply Co                                 $TSCO

Pinterest Inc                                         $PINS

Hewlett Packard Enterprise Co         $HPE

Church & Dwight Co., Inc.                 $CHD

Best Buy Co Inc                                 $BBY

Essex Property Trust Inc                         $ESS

DICK'S Sporting Goods Inc                 $DKS

BJ's Wholesale Club Holdings Inc         $BJ

Crocs Inc                                                 $CROX

Hims & Hers Health Inc                         $HIMS

        Notable stocks that reached 52 week low today:

Cisco Systems Inc                                 $CSCO

National Grid plc                                 $NGG

Baidu Inc                                                 $BIDU

Li Auto Inc                                         $LI

Zoom Video Communications Inc         $ZM

Warner Bros Discovery Inc                 $WBD

Nissan Motor Co Ltd                         $NSANY

Albemarle Corporation                         $ALB

Mosaic Co                                         $MOS

Exact Sciences Corp                         $EXAS

Paramount Global Class B                 $PARA

UiPath Inc                                         $PATH

Unity Software Inc                                 $U

BILL Holdings Inc                                 $BILL

Virgin Galactic                                         $SPCE

MSC Industrial Direct Co Inc                 $MSM

Solaredge Technologies Inc                 $SEDG

Stocks were up and down more than 5% last week

 

Stocks that were down more than 5% last week:

Ticker                        % Change

MBLY     Mobileye              -10

PYPL     Paypal                      -9.3

VWAGY     Volkswagen              -8.5

MNST     Monster              -8.4

MRNA     Moderna              -8.1

CCL    Carnival              -7.5

BA            Boeing                      -7

STLA    Stelantis              -6.8

BABA    AliBaba              -6.5

PBR    Petrobras              -6.3

NOK    Nokia                      -5.9

GPC    Genuiene parts      -5.6

KHC    Kraft & Heinz      -5.4

LI            Li Auto                      -5.4

MO            Altira                      -5.2

ERIC   Ericsson              -5.2

TM           Toyota                      -5.1

DB           Deutsche Bank      -5

Stocks that were down more than 5% last week:

Ticker                                  % Gain

AVGO         Broadcom                24

ARM         Arm Holdings                17

SWKS         SkyWorks                16

ADBE         Adobe                        16

Z                 Zillow                        14

QRVO         Qorvo                        14

ELF                 Elf Beauty                11

SMCI         Super Micro Computer  11

SHOP         Shopify                        10

ORCL         Oracle                        9.8

MRVL         Marvel                        9.4

NVDA         Nvidia                        9.1

MU                 Micron                        9

LRCX         Lam Research                8.6

HPE         Hewlett & Packard        8.5

STX         Seagate                        8.4

AMAT         Applied Materials        8.3

CEG         Constellation Energy     8

AAPL         Apple                        7.9

DDOG         Datadog                        7.7

LII                 Lennox International     7.5

CDNS         Cadence Design        6.5

HD                 Home Depot                6.2

TSM         Taiwan Semiconductor  5.2

AMAT - Applied Materials a good stock to buy

 $AMAT- Applied Materials is looking like a good stock to buy.

Its current PE is 25.71. This is a good value for a tech stock.

The Price to Earnings (P/E) ratio is a financial metric used to evaluate the relative value of a company’s shares. It is calculated by dividing the market value per share by the earnings per share (EPS). Here’s the formula:

P/E Ratio=Earnings per share / Market value per share​

This ratio can give you an idea of what the market is willing to pay for a company’s earnings. A higher P/E ratio might indicate that the market expects future growth in earnings, while a lower P/E ratio could suggest that the stock is undervalued or that the company’s growth prospects are not as strong.

Dividend payout ratio: 19.39%.

The Dividend Payout Ratio is a financial metric that measures the percentage of a company’s net income that is distributed to shareholders in the form of dividends. It’s an indicator of how much money a company is returning to shareholders, versus how much it is retaining to reinvest in the business, pay off debt, or add to cash reserves.

The formula to calculate the Dividend Payout Ratio is:

Dividend Payout Ratio=Net Income / Dividends Paid​

Free cash flow payout ratio: 17.70%

The Free Cash Flow Payout Ratio is a financial metric that compares the dividends a company pays out to its shareholders to the free cash flow it generates. This ratio is particularly useful for investors who are interested in the sustainability of a company’s dividend payments. It can be calculated using the following formula:

Free Cash Flow Payout Ratio = (Free Cash Flow / Dividends Paid)​×100

A lower ratio suggests that a company is using a smaller portion of its free cash flow to pay dividends, which may indicate a more sustainable dividend policy. Conversely, a higher ratio could mean that a company is returning most of its free cash flow to shareholders, which might not be sustainable in the long term

Free Cashflow yield: 4.26%

Free cash flow margin: 28.63%

ROIC: 31.04%

ROE: 41.04%

Debt-to-equity: 0.34

$AMAT - Applied Materials has consistently demonstrated growth in revenue over the years. The revenue has been growing since 2013. Its 5-year revenue growth CAGR is 8.98%

$AMAT - Applied Materials, Inc. has demonstrated strong free cash flow performance over the years. Its 5-yr free cashflow CAGR is 23.68%

$AMAT - Applied Materials continues to reward its shareholders with steady dividend payments and growth. Its 5 year dividend CAGR is 11.75%.

$AMAT - Applied materials companies' outstanding share numbers keep dropping while the net income keeps going up which means the EPS will increase.

When a company’s outstanding shares decrease while net income increases, it has several implications:

1. Earnings Per Share (EPS) Impact: EPS, which represents profit per share, tends to rise. Since net income is divided among fewer shares, each share “owns” a larger portion of the profit.

2. Positive Signal: Investors often view this as a positive sign. It suggests that the company is efficiently managing its capital structure and returning value to shareholders through buybacks or other means