Thursday, January 23, 2020

Coronavirus-related stocks

A new coronavirus outbreak is currently ongoing in China, with the first imported U.S. case confirmed on Tuesday. The genetic sequence of the new coronavirus, 2019-nCoV, is at least 70% similar to SARS-CoV.
  1. Inovio Pharma (INO) received new funding from the Coalition for Epidemic Preparedness Innovations or CEPI to develop vaccine against new coronavirus
  2. Moderna (MRNA) and CEPI, today announced a new collaboration to develop an mRNA vaccine against the novel coronavirus (2019-nCoV). 
  3. Alpha Pro Tech (APT) Canadian co. that manufactures masks and protective apparel 
  4. Lakeland Industries (LAKE) also produces protective clothes for high-risk workers,
  5. Co-Diagnostics (CODX) Utah company developing a test for the new coronavirus strain. 
  6. Vir Biotechnology (VIR) - portfolio includes an antibody for another coronavirus strain.
  7. BioCryst (BCRX) - has a candidate in a Phase 1 study for a range of viruses
  8. Novavax (NVAX) - has launched a program for the Wuhan-coronavirus vaccine. It already boasts success in vaccine development for the MERS and SARS strains.
  9. NanoViricides (NNVC) - produces nan-medicines to fight virus such as swine flu and bird flu. It also has early-stage programs for Dengue viruses and Ebola and once dabbled in a MERS candidate.
  10. Cleveland BioLabs (CBLI) - develops immune-receptor activators 
  11. Cerus (CERS) - uses proprietary technology to inactivate the SARS strain
  12. Aethlon Medical (AEMD) -  treats viral infections with its hemopurifier.
  13. AstraZeneca (AZN) - awaits direction from the World Health Organization before acting.
++There was a report suggesting Gilead Sciences (GILD) is assessing using an Ebola drug for treatment of the coronavirus. It is not certain if that will be successful; nonetheless, the idea that a treatment option could be possible is helping to mitigate for the time being some of the market's concerns involving the coronavirus.

            

The Wuhan virus (officially referred to as 2019-nCoV) belongs to the coronavirus family, a category that includes Severe Acute Respiratory Syndrome (SARS) and Middle East Respiratory Syndrome (MERS) and that typically results in respiratory illnesses. While SARS and the new coronavirus are not identical, their similarities could make it easier to “cannibalize” prior research and start developing vaccines and therapeutics on an accelerated timeline, says Ralph Baric, who researches coronaviruses at the University of North Carolina Gillings School of Global Public Health.

Thursday, January 9, 2020

Tesla has higher value than Ford, GM together after surge

Tesla Inc. became more valuable to U.S. stock investors Tuesday than Ford Motor Co. and General Motors Co. combined. The electric-car maker’s market value closed at $88.7 billion, surpassing an $86.2 billion total for Ford and GM, according to data compiled by Bloomberg. Tesla’s value rose more than 175% through Wednesday from a low in June as the company reported a surprise third-quarter profit and began production from a new Chinese factory. Along the way, Tesla exceeded Ford’s record market value of $80.7 billion in May 1999, along with GM’s post-bankruptcy peak of $66.9 billion in October 2017.


Tesla Inc.’s record-setting stock surge has left Wall Street analysts in the dust. Their average 12-month price projection for the electric-car maker, based on a Bloomberg survey, trailed Tuesday’s close by 34%. Only three of 30 firms to set targets, Argus Research, Jefferies Financial Group Inc. and Oppenheimer & Co., had estimates above the current price -- and all of them were raised within the past week. Tesla also had a lower consensus analyst rating, compiled from buy, hold and sell recommendations, than about 90% of the stocks in the Russell 3000 Index. The consensus included 15 sells, the most of any Russell 3000 company.

Tuesday, January 7, 2020

Barron's stock picks for 2020

Barron’s has identified these 10 top stocks for the coming year:
  1. Berkshire Hathaway (ticker: BRK.A), 
  2. Comcast, (CMCSA), 
  3. Royal Dutch Shell (RDS.B), 
  4. Pfizer (PFE), 
  5. ViacomCBS (VIAC), 
  6. Anthem (ANTM), 
  7. Dell Technologies (DELL).
  8. Google parent Alphabet (GOOGL)
  9. U-Haul owner Amerco (UHAL), 
  10. United Technologies (UTX).
The group has an average projected 2020 price/earnings ratio of 14, against 18 for the S&P 500. The average dividend yield is 1.8%, in line with the overall market.

Tuesday, December 31, 2019

Barron's stock picks for 2019 -- how they fared

U.S. stocks are ending the year on a high note. The S&P 500 index boasts a total return of 29% year to date—a great showing in the 11th year of an extraordinary bull market.

How did Barron's picks fare?

Apple had a stellar showing, but energy stocks Chevron and Energy Transfer held down the returns.



Company / Ticker
Closing Price 12/14/18
Closing Price 12/12/19
Total Return*
Alphabet / GOOG
$1,042.10
$1,350.27
29.6%
Apple / AAPL
165.48
271.46
66.5
Bank of America / BAC
24.48
34.68
44.9
BlackRock / BLK
382.30
502.12
35.3
Caterpillar / CAT
126.77
146.78
19.0
Chevron / CVX
113.83
118.81
8.6
Daimler / DDAIF
53.31
55.75
11.8
Delta Air Lines / DAL
53.51
56.69
8.8
Energy Transfer / ET
14.07
12.64
-2.0
Toll Brothers / TOL
32.22
39.24
23.2
Average
24.6
S&P 500
2,599.95
3,168.57
24.3
*Includes dividends
Source: Bloomberg

Sunday, December 29, 2019

Auto stocks

(by market cap)                        
Company name Mkt Cap
  1. TM Toyota Motor  Japan 200B
  2. TSLA Tesla Motors USA 95B
  3. HMC Honda Motor Co. Japan 49B
  4. GM General Motors  USA 48B
  5. RACE  Ferrari  43B
  6. F Ford Motor Co. USA 37B
  7. FCAU Fiat Chrysler   28B
  8. NSANY Nissan Motor Co. Japan 23B
  9. TTM Tata Motors Ltd. India 13B
  10. NIO NIO Limited  4B; Electric autonomous vehicles, "China’s Tesla"
  11. SPAR  Spartan Motors 612M
  12. KNDI Kandi Technologies China 240M
  13. SORL SORL Auto Parts China 89M
  14. +RACE
  15. +NIO  
finviz charts (ave vol - 30 days, new window): http://finviz.com/screener.ashx?v=211&t=TM,HMC,F,GM,NSANY,TSLA,TTM,KNDI,SORL&ta=0&o=-averagevolume


Others:
  • BMW (OTC: BAMXY)
  • Mercedes-Benz (OTCPK:DDAIF)
  • Nissan (OTCPK:NSANY)
  • PSA Peugeot Citroen (OTCPK:PEUGF)
  • Renault (OTC:RNSDF)
  • Volkswagen AG (OTC: VLKAY)
  • Hyundai (OTCPK:HYMLF)
  • Subaru (OTCPK:FUJHY)
  • Porsche (OTCPK:POAHY)
  • Mazda (OTCPK:MZDAY)
9/15:  Volkswagen emission-cheating scandal - VW, BMW, GM, F and S&P  

Also related to auto industry:
  • JCI      Johnson Controls    34.77B
  • ORLY   O'Reilly Automotive   23.24B
  • AZO   AutoZone    22.28B
  • MGA  Magna International  16.95B
  • AA      Alcoa           16.12B
  • GPC   Genuine Parts Company   14.22B
  • AAP   Advance Auto Parts   11.15B
  • KMX   CarMax   10.61B
  • AN    AutoNation      6.49B     automotive retailer
  • ADNT   Adient     6.0B   The world's largest global automotive seating supplier. (spinoff from Johnson Controls)
  • PAG  Penske Automotive 3.87B
  • GPI   Group 1 Automotive  1.77B 
  • AXL    American Axle & Manufacturing 1.41B   automotive supplier
  • MTOR   Meritor  1.28B
  • UXIN Uxin  788.19M; operates a used car e-commerce platform in China
  • CARZ  First Trust NASDAQ Global Auto ETF   33.50M
  • +Carvana CVNA; +TRUE
  • +MPAA


      

6/15:  major automakers - 3 months (click for a live chart)


Share of global car market, 2017:
  • Toyota: 9.2%
  • Volkswagen: 7.2%
  • Ford: 6.5%
  • Honda: 5.4%
  • Nissan: 5.4%
  • Hyundai: 4.7%
  • Chevrolet: 4.4%
  • Kia: 3%
  • Renault: 2.8%
  • Mercedes: 2.7%
  • Peugeot: 2.2%
  • BMW: 2.2%
  • Audi: 2%
  • Maruti: 1.7%
  • Mazda: 1.7%
  • Fiat: 1.7%
  • Suzuki: 1.6%
  • Buick: 1.5%
  • Jeep: 1.5%
(GAD)

Keynesian economics

John Maynard Keynes (5 June 1883 – 21 April 1946) was one of the most influential economists of the Twentieth Century. 
His groundbreaking work in the 1930s led to the development of a whole new economic discipline dedicated to macroeconomics. His economic theories, which became known as ‘Keynesianism’ advocated government intervention to end the Great Depression.

John M. Keynes believed that, in a recession, the economy can be made to grow and unemployment reduced by increasing government spending and making reductions in interest rates.

Theory based on the ideas that optimum economic performance could be achieved by influencing aggregate demand through government fiscal (public spending and taxation) policy, not through the free market philosophy characterized by the classical and neo-classical schools.

John M. Keynes was born in Cambridge to an upper-middle-class family. His father was a lecturer in economics and moral sciences at Cambridge University. He was a bright scholar who won a scholarship to Eton College. After Eton, he studied Maths at Kings College, Cambridge. At Cambridge, the great economist Alfred Marshall encouraged Keynes to take up the relatively new science of Economics. Keynes published his first economic article in 1909, and by 1911 was editor of the Economic Journal.

During the First World War, Keynes acted as a government advisor for the government. He helped to negotiate terms with Britain’s creditors (UK debt rose sharply in World War One). At the end of the First World War, Keynes took part in the British delegation to the Treaty of Versailles. Keynes was shocked at the level of reparations the Allies wanted to impose on the Germans. Keynes resigned from the British delegation saying it was a recipe for bankrupting Germany. He wrote the Economic Consequences of the Peace in 1919, accurately predicting the difficulties Germany would have and the consequent political resentment at such as harsh peace treaty.
“If we aim deliberately at the impoverishment of Central Europe, vengeance, I dare predict, will not limp.”   -- The Economic Consequences of the Peace (1919)  Chapter VII, Section 1, pg.268
In the 1920s, Keynes wrote a powerful critique of Britain’s decision to return to the Gold Standard at a pre-1914 level. Keynes argued that the artificially high value of sterling would make life difficult for British exporters. The decision to return to the Gold Standard in 1925 was widely blamed for the prolonged deflation and high unemployment the UK experienced in the 1920s. The Chancellor of the Exchequer, Winston Churchill, who was responsible for the decision admitted it was the biggest domestic mistake of his career.

Thursday, December 5, 2019

Privacy Policy

Artremis Capital Privacy Policy

The bottom line…

We hate spam as much as you do. 

The full version…

Your privacy is very important to us. So, here is a bit more detail to help understand how this website will collect, use, communicate and disclose and make use of personal information. We will not rent, sell, lease, or give away any of your personal information. The following outlines our privacy policy. Please read this privacy policy before using the site or submitting any personal information. By using the site, you accept the practices described here.
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