The sign is estimated at $100,000 to $200,000, with a start price of $50,000.
This was the very first sign used by Steve Jobs and Steve Wozniak to promote their Apple Computer start-up, and was displayed at the first trade shows Apple attended in 1976.
People are going back in to the movie theaters to see the big screen. Over Christmas weekend, Avatar: the Wave of Water pulled in $64,000,000 in box office gross, and has brought in a total gross of $261,681,686 so far.
by Fred Fuld III
Over Christmas weekend, Avatar: the Wave of Water pulled in $64,000,000 in box office gross, and has brought in a total gross of $261,681,686 so far.
Puss in Boots: The Last Wish generated $12,420,000, Whitney Houston: I Wanna Dance with Somebody sold $4,765,000, and Babylon brought in $3,600,000 over the same weekend.
People are going back in to the movie theaters to see the big screen.
Unfortunately for the theater companies, their performance over the last year has been miserable.
For example, Cinemark (CNK) has dropped by 46% year to date and is down over 20% just in the last week.
However, Texas based Cinemark, operates over 500 theaters with more than 5,800 screens in the United States, and South and Central America.
The stock has a forward price to earnings ratio of 23, and has an earnings per share expected growth rate 0f 127% next year. Quarterly revenue growth was 49.6% year over year.
It also has a very favorable price to sales ratio of 0.45. (Remember, a P/S of less than 1 is good, above 2 is not so good.)
Marcus (MCS), which owns and operates movie theaters, along with hotels and resorts, is down 22% so far year to date.
Marcus has a nosebleed high P/E ratio of 422, but a more reasonable forward P/E of 26. Earnings per share this year were up 70.4%.
The price sales ratio is a great 0.64, and the stock is even selling below book value with a price to book of 0.96.
The stock even pays a dividend with a yield of 1.44%.
There is also Reading International (RDI), the owner of theater chains, which is down 30%, and of course the famous meme stock, AMC Entertainment (AMC) which has tanked by 74% this year.
Stock
Symbol
YTD Price
AMC Entertainment
AMC
-74%
Cinemark
CNK
-46%
Marcus
MCS
-22%
Reading International
RDI
-30%
IMAX
IMAX
-22%
Will any of these stocks bounce after year end tax selling? It is impossible to know, but maybe one of these will win an award for Best Stock.
Disclosure: Author didn’t own any of the above at the time the article was written.
The following is a short list of some of the many stocks going ex dividend during the next month.
Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.
This technique generally works in bull markets and flat or choppy markets, but during bear markets, you may want to consider avoiding this strategy. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until on or after the ex date.
The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million. Some of the stocks have yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and the annual yield.
Campbell Soup Company (CPB)
1/4/2023
0.37
2.60%
General Mills, Inc. (GIS)
1/9/2023
0.54
2.60%
Foot Locker, Inc. (FL)
1/12/2023
0.40
4.87%
Caterpillar, Inc. (CAT)
1/19/2023
1.20
2.02%
Clorox Company (CLX)
1/24/2023
1.18
3.25%
Hasbro, Inc. (HAS)
1/31/2023
0.70
5.11%
The entire list of over 100 ex-dividend stocks will be emailed to all subscribers next week. If you are not a subscriber, you can sign up at the signup box below. Don’t miss out. Remember, it’s free!
Dividend Definitions
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.
Unmanned aerial vehicles, better known as drones, are everywhere.
by Fred Fuld III
Unmanned aerial vehicles, better known as drones, are everywhere.
They are used in all types of industries.
For example, drones are being used by the following types of businesses and organizations: Construction Agriculture Insurance Claims Offshore Oil & Gas Police Fire Coast Guard Journalism Customs and Border Protection Real Estate Utilities Pipelines Mining Clean Energy Cinematography
According to InsiderIntelligence, “The drone services market size is expected to grow to $63.6 billion by 2025.”
A few large corporations are involved in drone development and production as a small part of their business, but there are a few pure plays.
Many of these stocks have taken a beating over the last year or so, so maybe there are some bargains waiting to take off.
AeroVironment (AVAV) is an Arlington, Virginia based company which creates and manufactures robotic systems with a large unmanned aircraft systems division. Their market is primarily governments so their cash flow is relatively steady.
The stock has a forward price to earnings ratio of 38 and has an earnings per share growth estimate of 63% for next year.
Kratos Defense & Security Solutions (KTOS), based in San Diego, California, provides unmanned aerial systems to the U. S. Government.
The stock has a forward P/E ratio of 24, and has an earnings per share growth estimate of 60% for next year.
Ambarella (AMBA) is a video semiconductor company which makes cameras for drones and for many other purposes. The stock has a nosebleed forward P/E of 131.
Although earnings per share for this year were up58%, earnings for next year are anticipated to be down 34%
EHang Holdings Ltd. (EH) is a China based company which produces autonomous aerial vehicles. Earnings were negative for the current year and are expected to be negative next year.
Joby Aviation Inc. (JOBY) is building an electric vertical takeoff and landing aircraft optimized to deliver air transportation. It has had negative earnings for last year with the same expected for next year.
Maybe one of these stocks can help your portfolio rise.
Disclosure: Author didn’t own any of the above at the time the article was written.
A tax selling stock is a stock that is currently selling for a low price but was trading at much higher levels earlier in the same year, or even earlier years.
When the year end approaches, many investors utilize a strategy commonly referred to as tax harvesting , which is the selling of stocks at a loss to offset any gains that may have been made during the year.
Because of the heavy selling, the prices of stocks that have dropped substantially tend to sink far more than what would usually take place during the rest of the year. Then in January, with the strong selling over with, these stocks can recover somewhat.
So traders and investors are on the lookout for tax selling bounce stocks that are trading at much lower prices, hoping for a bounce in January, once the tax selling is over.
These vehicles, also known as blank check companies, made it easy for private companies to go public. Some of the more well known SPACs include DraftKings (DKNG), down 49% year-to-date, and Virgin Galactic (SPCE), down 66%.
Unfortunately, the returns haven’t been so great, with many of them experiencing losses of over 90% from their highs.
Here are some additional SPACs that are down over 50% year-to-date. You will notice that several of them are electric vehicle companies.
Company
Symbol
YTD Return
Arrival
ARVL
-96%
Shift Technologies
SFT
-93%
IronNet
IRNT
-92%
Ree Automotive
REE
-91%
Canoo
GOEV
-82%
BuzzFeed
BZFD
-80%
Lucid
LCID
-77%
AppHarvest
APPH
-77%
WeWork
WE
-75%
SoFi
SOFI
-73%
Lordstown Motors
RIDE
-59%
Fisker
FSR
-54%
Polestar
PSNY
-50%
A couple things to remember. There is no guarantee that these stocks will bounce back in January, as there is usually a reason the stocks dropped so much in the first place.
Also, timing is everything with these tax-selling stocks. Sometimes the sellers are done selling in mid-December, sometimes they wait until year end.
Hope you get a bounce in your portfolio.
Disclosure: Author didn’t own any of the above at the time the article was written.
The following is a short list of some of the many stocks going ex dividend during the next month.
The following is a short list of some of the many stocks going ex dividend during the next month.
Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.
This technique generally works in bull markets and flat or choppy markets, but during bear markets, you may want to consider avoiding this strategy. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until on or after the ex date.
The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million. Some of the stocks have yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and the annual yield.
Bank of America Corporation (BAC)
12/1/2022
0.22
2.36%
Nike, Inc. (NKE)
12/2/2022
0.34
1.29%
H&R Block, Inc. (HRB)
12/5/2022
0.29
2.73%
Walmart Inc. (WMT)
12/8/2022
0.56
1.49%
Public Storage (PSA)
12/13/2022
2.00
2.69%
World Wrestling Entertainment, Inc. (WWE)
12/14/2022
0.12
0.60%
ConocoPhillips (COP)
12/23/2022
0.70
1.89%
Xerox Holdings Corporation (XRX)
12/29/2022
0.25
6.57%
The entire list of over 100 ex-dividend stocks will be emailed to all subscribers next week. If you are not a subscriber, you can sign up at the signup box below. Don’t miss out. Remember, it’s free!
Dividend Definitions
Declaration date: the day that the company declares that there is going to be an upcoming dividend.
Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.
Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.
Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.
Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.
Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.
Looking for reading material during the holidays? Looking for a great gift for your investor friends?
by Fred Fuld III
Looking for reading material during the holidays? Looking for a great gift for your investor friends? Look no further than these investment and stock market related books, all of which came out in the last twelve months.
How to Invest: Masters of the Craft by David M. Rubenstein, co-founder of the Carlyle Group, was just released a couple months ago. It is a great compilation of interviews and conversations the author has had with famous investors, such as Ron Baron, John Rogers, Seth Klarman, Ray Dalio, Marc Andreeson, and many others. It doesn’t just cover the stock market; it also includes real estate, fixed income, SPACs, venture capital, and private equity.
Inflation: What It Is, Why It’s Bad, and How to Fix It by Steve Forbes, Nathan Lewis, and Elizabeth Ames was published in April of this year. It covers the history of inflation, why it i bad for society as a whole, what happens if we get hyperinflation, and what can be done to prevent it.
In case you missed the news, the state of Colorado legalized psilocybin, psilocin, and the magic mushrooms that contain those hallucinogenic drugs.
In addition, the personal use of other psychedelics such as DMT, ibogaine and mescaline was also legalized.
Now other states are considering legalization.
I actually predicted psilocybin and hallucinogenic drugs as a growth industry just three years ago, in my presentation at the San Francisco Money show.
If you are looking for stocks that participating in this industry, there are a few, all of which trade on NASDAQ.
Compass Pathways (CMPS), which has a $468 million market cap, is developing COMP360, a psilocybin therapy for the treatment of treatment-resistant depression, and the treatment of post-traumatic stress disorder. This UK company is debt free, and has $4.47 in cash per share. It is currently generating negative earnings.
Cybin Inc. (CYBN) has a market cap of $76 million. This Toronto based company develops psilocybin based products to treat major depressive and alcohol use disorders. This is a debt free company that has 27 cents per share in cash. Earnings per share growth rate next year is estimated to be 16%.
Mind Medicine Inc. (MNMD), also known as MindMed, is a New York based company that is developing products to treat brain health disorders using LSD and Ibogaine. The market cap is $101 million.
Atai Life Sciences (ATAI) is a German based company that has a market cap of $475 million. The company has been developing pharmaceutical utilizing ibogaine and ketamine.
This is a great little multifunctional tool that has all kinds of features built in, including a Wrench, Screwdriver, Pen, Glass Breaker, Flashlight, and Bottle Opener. High quality, lightweight, and made with aluminum, it can fit in your pocket.
A better way of going to the bathroom, instead of turing on a bright light or peeing in the dark. ToiLight is a cool led motion activated night light which activates automatically when you approach the toilet bowl.
Happy shopping!!!
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This is an extensive guide which covers all aspects of selling; everything from how to get “The Edge”, to the sweet spot to prospect, to the characteristics of high performers.
My favorite chapter is “How to Use LinkedIn for Business Development,” where the author uses the analogy of “Six Degrees of Kevin Bacon.” Many tips and best practices are also included.
The book has charts and summaries throughout along with bonus tips and a checklist at the end.