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MELI Crushed But This Wall Street Expert Sees 58% Gain This Year

2025-11-02 09:29:00 By Jane Smith

MercadoLibre (NASDAQ:MELI) is certainly among the e-commerce giants I pay closest attention to right now. The company is an absolute darling in this space, focusing on key Latin American economies as its growth engine. And generally-speaking, this company has hit on all cylinders when it comes to providing world-class growth in a region of the world that doesn’t get as much love as it deserves.

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Unfortunately for investors, the company reported earnings on Thursday that missed expectations, despite posting revenue numbers that came ahead of where analyst projections stood heading into the call. This led to a steep 16% decline in the company’s stock price, and has some investors in the hyper-growth stock questioning whether this position still makes sense, given these results.

Let’s dive into what the company reported, and why this stock is selling off in the fashion it is today.

Key Points About This Article:

MercadoLibre has been a winning stock, surging nearly 30% over the past year, despite a 16% decline on Thursday.
Let’s dive into the company’s earnings report, and why the market appears to have turned on this e-commerce gem (though some analysts remain bullish).
If you’re looking for some stocks with huge potential, make sure to grab a free copy of ourbrand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential.

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Strategic Alternatives Podcast: RBC Experts on M&A, Healthcare, and More

By RBC Capital Markets

Earnings Disappoint

E-commerce application on smartphone

MercadoLibre’s Third Quarter earnings report showed extensive year-over-year revenue growth, with the company bringing in a total of $5.28 billion in sales compared to $3.76 billion for the same quarter the year prior. However, despite these sky-high revenue numbers, the bottom line was a different story. MercadoLibre bought in only $7.83 in earnings per share compared to consensus estimates of $10 per share, as the e-commerce giant battled higher capital expenditures for its shipping business and credit card originations business thought the quarter.

The question many investors and analysts who follow this stock have is whether these investments will amount to one-time events (and the company is kitchen sinking this quarter), or if these effects could be felt in future quarters. Judging by the market’s response to these results, it does appear many appear to be taking a more hawkish tone on the company.

Accelerating growth in MercadoLibre’s credit portfolio could be a negative for the company, if credit quality declines. And with global dynamics shifting a great deal in recent days, there’s certainly cause for concern. That said, some aren’t phased by these results.

Analysts Aren’t Phased

Street sign showing the intersection of Wall Street and Broad Street in New York

It turns out that some analysts aren’t phased on where MercadoLibre could be headed from here. In fact, on an overall basis, analysts generally hold a strong buy rating on the stock, with a price target of $2,440.83 on shares of MELI stock, representing more than ethanol 37% upside from Thursday’s closing price. The high water mark for where shares of MercadoLibre could be headed over the next year or 18 months stands at $2,800 per share, or upside of 58% from current levels.

With that kind of potential upside, it makes this daily decline easier to swallow for buy and hold investors in this name. Certainly, there’s plenty of growth potential on the horizon, even on the bottom line, if the company can streamline its operations and continue to provide revenue growth that’s eclipsing the 40% level. And at a forward price-earnings ratio of just 47-times, I’d say this growth is very reasonable, given the fact that the company’s PEG ratio sits at around 1 right now.

Things can change, and certainly the company’s recent results were a shock to the market. There’s a reason why the stock is down big today. But until Wall Street analysts begin to move away from this stock in a meaningful way, this is a name I think many investors may add to on today’s dip.

What to Make of Today’s Move

A gavel being pounded on a judge’s desk

As suggested earlier, I think it’s too early to make too much of today’s earnings report. It’s one earnings report, and we’ll have to see if the company’s upcoming earnings reports reflect some of the same issues the company saw during this quarter. If this was indeed a one-off, many investors will likely kick themselves for failing to buy this dip. On the other hand, if valuations are set to come down across the board, perhaps this is the selling opportunity many asked for.

We’ll see. For now, I remain bullish on MercadoLibre over the long-run. This is a company that’s seen significant volatility in the past, thanks to its rather high valuation multiple. But as the company continues to grow into this multiple, I see less risk on the table for investors looking to put fresh capital to work, particularly after today’s decline.

"The Next NVIDIA" Could Change Your Life

NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.

But if you missed out on NVIDIA's historic run, your chance to see life-changing profits from AI isn't over.

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The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below

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Masih Mau Yang KW1?

Sebagai perempuan modern, kita kadang-kadang sering terjebak dengan pemikiran bahwa yang cepat, praktis apalagi murah itu pasti lebih baik. Ini juga yang menjadi pertimbangan kita membeli barang-barang palsu. DVD original serial favorit belum keluar? Gampang, tinggal meluncur ke pertokoan di kawasan Kuningan (Me guilty!) Parfum andalan habis? Cari refillnya aja kali yaaa, kan lebih murah! Casing handphone udah mulai keliatan lusuh? Ya ganti aja pake yang palsu, bentar lagi juga ganti handphone kok! Sounds familiar? 🙂(more…)

Prediction: Netflix (NFLX) Will Be the First Stock to Split Its Stock During Trump’s Presidency

It has been nearly 10 years sinceNetflix(NASDAQ:NFLX) last split its stock, but it could be the first one to announce one after Donald Trump takes office in January.nextstayCCSettingsOffArabicChineseEnglishFrenchGermanHindiPortugueseSpanishFont ColorwhiteFont Opacity100%Font Size100%Font FamilyArialText ShadownoneBackground ColorblackBackground Opacity50%Window ColorblackWindow Opacity0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialGeorgiaGaramondCourier NewTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%With solid earnings growth pushing the stock higher and its new ventures already gaining traction, NFLX stock is trading at levels well above where they were at the last two times it split them.The movie streamer has strong momentum behind it and there is every indication its stock will continue its trajectory higher at least through 2030. It makes this an opportune time for Netflix to announce a stock split once again.24/7 Wall St. Insights:Netflix(NFLX) has split its stock twice in its history, both times at prices far below where it currently trades.There is significant momentum behind the stock based on its existing business model and new initiatives, making a stock split very soon quite likely.If you’re looking for some stocks with huge potential, make sure to grab a free copy of our brand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential.Content is kingNetflix has won the streaming wars and is the undisputed industry king.ntv-moap { position: relative; padding: 10px 0; background-color: #fff; border-top: 1px solid #ddd; border-bottom: 1px solid #ddd; overflow: hidden; margin: 20px auto; width: 100%; } .ntv-moap a { border-bottom: none !important; text-decoration: none !important; } .ntv-moap .ntv-img { position: relative; width: 42%; float: left; } .ntv-moap .ntv-img img { width: 100%; height: auto; } .ntv-moap .ntv-txt { padding-left: 10px; margin-left: 42%; line-height: 0; text-align: left !important; } .ntv-moap .ntv-disc { color: var(--slick-site-color, #777); text-transform: uppercase; font-size: 14px; line-height: 21px; font-weight: 700; } .ntv-moap h3 { font-size: 22px; line-height: 24px; font-weight: 700; text-transform: none; margin: 8px 0; color: #111; clear: none !important; } .ntv-moap .ntv-byline { font-size: 14px; line-height: 21px; font-weight: 700; color: #777; margin: 0; } .ntv-moap .ntv-img { line-height: 0; } .ntv-moap .ntvAdChoicesImg { position: absolute; top: 0; right: 0; width: 16px !important; height: 16px !important; z-index: 2; } @media screen and (max-width: 600px) { .ntv-moap .ntv-img { width: 100%; float: none; } .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .ntv-moap h3 { font-size: 19px; margin: 4px 0; } } /* recipe section and sidebar */ .adthrive-recipe .ntv-moap .ntv-img, .adthrive-sidebar .ntv-moap .ntv-img { width: 100%; float: none; } .adthrive-recipe .ntv-moap .ntv-txt, .adthrive-sidebar .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .adthrive-recipe .ntv-moap h3, .adthrive-sidebar .ntv-moap h3 { font-size: 19px; margin: 4px 0; } /* extra css to ensure iframe is hidden */ .ntv-moap + [id^="google_ads_iframe_"] { display: none !important; }Sponsored ContentStrategic Alternatives Podcast: RBC Experts on M&A, Healthcare, and MoreBy RBC Capital MarketsBill Gates is credited for coining the term “content is king” back in 1996, talking about how the internet will revolutionize the consumption of information and entertainment. Yet it quickly became the mantra of streaming companies to underscore the importance of programming to their audience and their bottom line.Few other streaming services have fulfilled that prediction better than Netflix. With a broad mix of original and licensed movies and TV shows, the streamer is the industry behemoth with some 283 million paid subscribers. Its closest competitor isDisney(NYSE:DIS) with 174 million, and that is only achieved through the combination of Disney+ and Hulu. As a standalone streaming service, Disney+ has just 120 million.Investors can expect those numbers to grow. While more mature markets like North America won’t see the same sort of heady growth it did in the past, Europe and emerging markets remain prime regions for future gains.But don’t count out North America. With all the struggles other streaming services have had, expect them to return to Netflix for distribution of their content once more. The gains Netflix makes here in growing its audience could still surprise analysts.New ventures will support future growthNetflix’s livestreamed Mike Tyson-Jake Paul boxing match broke records for a streamed sporting eventThe Mike Tyson-Jake Paul boxing match set streaming records for a sporting event. The live broadcast drew in 108 million viewers, with 65 million concurrent households at its peak, which made it the “most-streamed sporting event ever.”Not that there weren’t issues with buffering from having so many people flocking to the site, but it was a massive success anyway and paves the way for future broadcasts. Netflix will have live NFL games on Christmas Day and there will be weekly programming with WWE wrestling in 2025.Netflix doesn’t expect its live content to reach the kind of numbers its on-demand video has, which has grown to 200 billion hours, but it offers the potential for substantial growth going forward.Game play could be a hidden gemNetflix entry into the gaming market has the opportunity to be a real sleeper market. The streamer says it is “planting seeds” for the future with its gameplay based on Netflix IP. TheSquid GameTV series that became a massive cultural hit in 2021 and will launch a second season at the end of this year, will be getting the game treatment soon. There will also be games based on other properties, includingVirgin River Christmas,The Ultimatum, andMonument Valley 3.Advertising is about to make its markAdvertising promises to be a big contributor to Netflix’s future growth plansArguably the biggest growth driver for Netflix will be advertising. 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We will redirect you shortly to the free report! By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you. You can unsubscribe at any time. For more information, please review our Disclaimer and Terms of Use.

Got an App For That?

Loving your iPhone? We do too. We all have our favorite App and it would be impossible to list them all.  But here is my attempt to short-list some apps that fashion enthusiasts could be interested in.Style.com(free)Ready-to-wear shows, style file blog, look of the day and more. Recommended for fashion enthusiasts.ShopStyle.com(free)Browse retailers’ selections of clothes, shoes, bags and accessories. Awesome for getting ideas on your next outfit getups.Touchcloset($2.99)Keep track of your wardrobe items, access them on the fly, picking out what to bring before you’re even start packing, and lots of other features. We heard it’s really fun to be playing withyourown wardrobe 😉iShoesandiBags(free)Respectively, find the latest shoes and bags. Find out where you can get them and how much they would dent your wallet. Time flies when I play with this app.FMC(free)FMC stands forFree Menstrual Calendar. What I like about it that you could get a glance on when you should expect your period, when you are ovulating (useful if you are TTC, or even you are not). The plus side: it doesn’t spell m-e-n-s-t-r-u-a-l on the iPhone dashboard (discretion, people!), has an optional privacy code and more.SpendLite(free)I’m big on noting down my small purchases. With this app, I keep track of my spending and the remaining budget allocation.Evernote(free)You can create multiple lists (say, for noting down what items you want to snatch at that Zara sale, maybe?) and access it from your desktop as well. The best note taking app I’ve tried so far.Stanza (free)The fabulous eBook reader. You can download paid ebooks and free ones.Share your favorite app with us!image credit: www.apple.com

Xplore this!

Girls, notice the new banners across our site today ? FD would like to introduce XL’s Xplor as a proud sponsor of our site. On top of its sponsorship, I think these new Xplor banners provides a more hyped and dynamic effect on the site, don’t you think?. As we’ve been running on a minimalist mode lately as some of you have called it, we realized that we’re in dire need of something different other than those static contents. These banners fit this role and then some. And in case you’re wondering, no…the sponsorship deal wouldn’t buy us the latest IT bag, but it’s definitely enough to bring you more contests and giveaways in the future. So rejoice!As one of the largest GSM providers in the nation, XL is committed in providing the best service utilizing the latest mobile technology. XL’s $ 100 million 3G investment last year demonstrate its commitment to providing Indonesians with more choices and quality world of high-speed and reliable mobile communication. XL has declared that it’s XL3G is the first with the widest and fastest 3G network in Indonesia. As a bonus, their top-notch customer service have been consistently rated to be the best in the industry. The banners you see here is part of XL’s Xplor campaign to promote the Rp.1/detik rate. The site contains an interactive game to keep you entertain. As a thank you, please visit their website and learn more about their feature product and get a chance to win some of the freebies (HP, iPod etc).

1 Little-known AI Stock to Watch After its Impressive Surge

It’s hard to tell what the next big thing in artificial intelligence (AI) will be. Undoubtedly, many AI data center companies that became household names this year were little known by investors just over a year ago. While not every red-hot AI stock will hold onto its gains, I do think it’s worth considering some of the market’s promising up-and-coming mid-cap stocks.nextstayCCSettingsOffArabicChineseEnglishFrenchGermanHindiPortugueseSpanishFont ColorwhiteFont Opacity100%Font Size100%Font FamilyArialText ShadownoneBackground ColorblackBackground Opacity50%Window ColorblackWindow Opacity0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialGeorgiaGaramondCourier NewTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%As always, though, picking and choosing the winners in the mid-cap AI scene is far easier said than done. That’s why a high degree of risk tolerance will be needed for those who hunt for the lesser-known names to get in before the rest of the market has a chance to catch on.As is the case with many mid-cap stocks, you will be in for a volatile ride. And double-digit losses can quickly add up, especially if you find yourself chasing a name solely because of momentum. That’s why I’d encourage investors to thoroughly put in the analysis before buying a single share of a company, no matter how excited investors or analysts are at any given time.The data center firms are laying down the groundwork for the AI boom. However, there are firms that stand behind AI data centers, most notably the ones that manufacture the infrastructure that goes into building them.Most notably,Corning(NYSE:GLW) is a firm that was recognized as a beneficiary of the AI boom. For those unfamiliar with the name, it’s the firm that makes high-performance optical cables needed in AI data centers. As AI data centers keep going online, more such connectivity solutions will be needed.Key Points About This ArticleThere are mid-cap innovators out there that also stand to gain from the AI boom. But it’s tricky to uncover them.Applied Optoelectronics is an up-and-comer that’s been heating up of late. It’s a mid-cap stock worth watching.If you’re looking for some stocks with huge potential, make sure to grab a free copy of ourbrand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential.Applied Optoelectronics: An intriguing up-and-comer worth stashing on the radarA smaller, lesser-known mid-cap firm also seeking to capitalize on growth to be had from data center connectivity isApplied Optoelectronics(NASDAQ:AAOI), a mere $1.28 billion company that’s been on a heck of a run over the past three months, soaring more than 255% over the timespan. After the latest upward spike, the mid-cap stock has gained the attention of many seeking to discover lesser-known “hidden gems” in the mid-cap universe.Understandably, the mid-cap universe is vast, and it can be a rather risky voyage to bet on names that have already had a substantial run-up. That said, AAOI shares are one of the more intriguing names to add to your radar as the firm looks to add to its recent strength.Applied Optoelectronics is a company that produces fiber-optic components and subsystems, which are necessary for high-bandwidth applications (think AI data centers). It’s not just optical components that make the firm so intriguing, though. The company’s laser innovations and the longer-term opportunity to be in LiDAR vehicles also stand out as a potential growth driver to look forward to.Perhaps most intriguingly, however, are the new optical communication innovations the firm is working on behind the scenes. Specifically, the new linear pulse optics (LPO) tech stands out as an innovation capable of raising the bar on optical networking performance (think power-efficient, high-performance solutions that don’t break the bank). It’s a product worth keeping tabs on, in my opinion..ntv-moap { position: relative; padding: 10px 0; background-color: #fff; border-top: 1px solid #ddd; border-bottom: 1px solid #ddd; overflow: hidden; margin: 20px auto; width: 100%; } .ntv-moap a { border-bottom: none !important; text-decoration: none !important; } .ntv-moap .ntv-img { position: relative; width: 42%; float: left; } .ntv-moap .ntv-img img { width: 100%; height: auto; } .ntv-moap .ntv-txt { padding-left: 10px; margin-left: 42%; line-height: 0; text-align: left !important; } .ntv-moap .ntv-disc { color: var(--slick-site-color, #777); text-transform: uppercase; font-size: 14px; line-height: 21px; font-weight: 700; } .ntv-moap h3 { font-size: 22px; line-height: 24px; font-weight: 700; text-transform: none; margin: 8px 0; color: #111; clear: none !important; } .ntv-moap .ntv-byline { font-size: 14px; line-height: 21px; font-weight: 700; color: #777; margin: 0; } .ntv-moap .ntv-img { line-height: 0; } .ntv-moap .ntvAdChoicesImg { position: absolute; top: 0; right: 0; width: 16px !important; height: 16px !important; z-index: 2; } @media screen and (max-width: 600px) { .ntv-moap .ntv-img { width: 100%; float: none; } .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .ntv-moap h3 { font-size: 19px; margin: 4px 0; } } /* recipe section and sidebar */ .adthrive-recipe .ntv-moap .ntv-img, .adthrive-sidebar .ntv-moap .ntv-img { width: 100%; float: none; } .adthrive-recipe .ntv-moap .ntv-txt, .adthrive-sidebar .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .adthrive-recipe .ntv-moap h3, .adthrive-sidebar .ntv-moap h3 { font-size: 19px; margin: 4px 0; } /* extra css to ensure iframe is hidden */ .ntv-moap + [id^="google_ads_iframe_"] { display: none !important; }Sponsored ContentStrategic Alternatives Podcast: RBC Experts on M&A, Healthcare, and MoreBy RBC Capital MarketsIn any case, the rising demand for fiber optic connectivity solutions to feed the data center boom bodes very well for firms in the space. It’s a robust secular trend bound to direct investor attention toward the firms, large and small, who are innovating in the space.AAOI stock has had a run. It’s an intriguing name to watch closely.At the time of writing, AAOI trades at just north of 84 times forward price-to-earnings (P/E) and around five times price-to-sales (P/S). And with a beta of 1.96, the stock will surely be a pretty wild ride.Personally, I’d watch the stock for now, as there’s no telling how the stock will react in the near term after its latest upside surge. Should the broader stock market be overdue for a correction, investors keen on the name may have a shot to pick up shares at lower levels.Either way, the optical connectivity space is an industry that stands out as having strong secular tailwinds going into the new year. If you’re a young investor, forming a watchlist of promising mid-cap names may be worth the effort!"The Next NVIDIA" Could Change Your LifeNVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.But if you missed out on NVIDIA's historic run, your chance to see life-changing profits from AI isn't over.The 24/7 Wall Street Analyst who first called NVIDIA's AI-fueled rise in 2009 just published a brand-new research report named "The Next NVIDIA".The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email belowGet Report Now » It's Free Thanks! We will redirect you shortly to the free report! By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you. You can unsubscribe at any time. For more information, please review our Disclaimer and Terms of Use.

Live Market Updates: Nasdaq Composite Jumps, Tesla Soars Again, Palantir Plummets | TSLA, PLTR

Live UpdatesLive Coverage Has EndedGet The Best Palantir Live Earnings Coverage Like This Every QuarterGet earnings reminders, our top analysis on Palantir, market updates, and brand-new stock recommendations delivered directly to your inbox.Click Here - It's Free Thank you for subscribing! Keep an eye on your email for updates. By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you. You can unsubscribe at any time. For more information, please review our Disclaimer and Terms of Use.Nasdaq Up .70% in Late TradingNov 18, 2024 3:28 PM | Eric BleekerLiveAs of 3:30 p.m. ET, the Nasdaq is up about .70%. Super Micro Computer remains the biggest mover in the Nasdaq-100, jumping 28% on the day.Other stocks up big in late trading include:Moderna: Up 7.6% today after an upgrade from HSBC which called the stock undervalued.Advanced Micro Devices: Up 3.7% after reports rival NVIDIA is still facing overheating problems with its new Blackwell systems.Nasdaq Jumping in Morning TradingNov 18, 2024 10:36 AM | Eric BleekerLiveAs of 10:35 a.m. ET, the Nasdaq Composite is now up 163 points, or .87%.Tesla remains the biggest contributor to the gains. However, other large stocks are doing well. Apple (Nasdaq: AAPL) is up 1.25%. Advanced Micro Devices (Nasdaq: AMD) is up 3.5%, and Qualcomm (Nasdaq: QCOM) is up 2.20%.NVIDIA (Nasdaq: NVDA) is on the other end of performers, falling 1.7% after reports its Blackwell systems with 72 GPUs are suffering from overheating issues. The continued focus on dissipating heat from cutting-edge GPU systems is likely a boon for companies likeVertiv Holdings (NYSE: VRT) that specialize in liquid-cooling technologies.Stocks on the Move TodayNov 18, 2024 9:49 AM | Eric BleekerLiveHere are some notable stocks on the move today:Super Micro Computer: The company has been fighting a battle to avoid being delisted following the resignation of its auditor. Over the weekend, Super Micro filed paperwork to stay in compliance with Nasdaq rules and avoid delisting. Shares in the server company are up 19.4% in early trading on optimism Super Micro’s efforts will result in the company staying listed on the Nasdaq. However, it is worth noting that there are reports ofNVIDIA shifting chip orders to other server companies and large AI companies like xAI also shifting orders from Super Micro while it battles allegations of poor accounting practices.Palantir Technologies: Down 9% today after jumping 11% on Friday. The company jumped Friday on news it will move its shares from the New York Stock Exchange to the Nasdaq. That move would trigger inclusion into ETFs and other financial vehicles with large assets under management. However, a member of the Palantir Board of Directors posted a message on X stating “We are moving @PalntirTech to Nasdaq because it will force billion in ETF buying and deliver “tendies” to our retail investors” Player haters be aware that we’ve been hated for decades (plural). Everything we do is to reward and support our retail diamondhands following.” The post was later deleted, but it reflected poorly on the company and is likely triggering today’s sell-off.Last night, Nasdaq Futures were up .69% near midnight. However, minutes after the market open, the Nasdaq Composite has seen gains stall. Here’s a check-in of major indexes shortly after market open:nextstayCCSettingsOffArabicChineseEnglishFrenchGermanHindiPortugueseSpanishFont ColorwhiteFont Opacity100%Font Size100%Font FamilyArialText ShadownoneBackground ColorblackBackground Opacity50%Window ColorblackWindow Opacity0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialGeorgiaGaramondCourier NewTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%Nasdaq Composite: Up 32.48 (+.17%)Dow Jones Industrial Average: Down 30.73 (-.07%)S&P 500: Up 4.25 (+.07%)The reality is that several key issues will shape the market this week, so investors are likely waiting on those to play out before any major movements happen in the market.NVIDIA Earnings: Happen on Wednesday night. NVIDIA is now a bellwether for dozens of stocks in the AI industry, so its earnings will impact the trajectory for the entire technology market.Treasury Nominee:Donald Trump is currently weighing several candidates for the role of Treasury Secretary. The pick will give some insight into how significant a trade war with China could be, so the market is following it closely. Prediction market Polymarket currently has Scott Bessent at a 34% chance, Howard Lutnick at 29%, and Kevin Warsh at 24%. Key Trump allies like Elon Musk have pushed for Howard Lutnick, but many key Wall Street figures have come out against his nomination.Tesla Shares RallyingTesla(Nasdaq: TSLA) shares are up sharply in morning trading, up 7.33% as of 9:45 a.m. ET. The key catalyst behind Tesla’s move is a report that Donald Trump’s transition team will prioritize a Federal framework for self-driving car regulation.Tesla has bet its future on self-driving, and recently showed off a $30,000 two seat Cybercab. Right now, the company is receiving roughly $1.2 billion in annualized revenue from its self-driving software. However, the release of the Cybercab could turn self-driving into the companies largest revenue contributor."The Next NVIDIA" Could Change Your LifeNVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.But if you missed out on NVIDIA's historic run, your chance to see life-changing profits from AI isn't over.The 24/7 Wall Street Analyst who first called NVIDIA's AI-fueled rise in 2009 just published a brand-new research report named "The Next NVIDIA".The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email belowGet Report Now » It's Free Thanks! We will redirect you shortly to the free report! By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you. You can unsubscribe at any time. For more information, please review our Disclaimer and Terms of Use.Get Live Earning Updates on PalantirNever miss important earnings news. Get real-time updates delivered directly to your inbox. We'll also deliver our top stock recommendations and weekly market udpates. Signup -- It's Free Thank you for subscribing! Keep an eye on your email for updates. By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you. You can unsubscribe at any time. For more information, please review our Disclaimer and Terms of Use.

Will Broadcom Be the Next AI Stock To Split Again?

Broadcom(NASDAQ:AVGO) stock has been one of the hottest semiconductor picks over the past two years, more than tripling to an astounding 220% gain. Though the momentum has slowed since summer, there are still plenty of reasons to give the $773.8 billion AI chip giant a look as it looks to make a run for the $1 trillion market cap mark in 2025.nextstayCCSettingsOffArabicChineseEnglishFrenchGermanHindiPortugueseSpanishFont ColorwhiteFont Opacity100%Font Size100%Font FamilyArialText ShadownoneBackground ColorblackBackground Opacity50%Window ColorblackWindow Opacity0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialGeorgiaGaramondCourier NewTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%With AVGO stock splitting 10-for-1 back in July, shares go for $165 and change per share. Clearly, a split isn’t necessary anytime soon. Even if the past year of momentum were to continue, I view AVGO stock as one of the least likely of AI stocks to split. Indeed, for a stock that used to go for more than $1,000, it could take a decade or more before we start talking about another Broadcom split. Of course, I could be wrong if a surge that rivals the likes of anNvidia(NASDAQ:NVDA) is in the cards over the next four years or so.In any case, just because Broadcom is far less likely to split than most of its peers doesn’t mean it’s not a great bet right here. Undoubtedly, if a big AI correction ends up striking at some point over the next year (I guess you could say we’re overdue for another tech-led market sell-off), perhaps value investors will be able to get much lower prices without having to wait for the next stock split.Who knows? Perhaps investors will have another shot to pick up the name at less than $100 per share if a market-wide pullback occurs. Pending such a market-wide crash, though, I view Broadcom as still having one of the best value propositions in the AI chip scene. Nearly a month ago, Broadcom announced its partnership with ChatGPT-maker OpenAI to make their own chips. Undoubtedly, it seems like many tech firms are taking chip design into their own hands.Key Points About This ArticleBroadcom stock isn’t close to splitting. It may very well be one of the last to split over the next five years to a decade.The growth opportunity in custom chips and modest multiple make AVGO stock tempting.If you’re looking for some stocks with huge potential, make sure to grab a free copy of ourbrand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential.Broadcom and OpenAI are working on AI chips. Such a partnership could be huge.The OpenAI-Broadcom duo seems like it could be a force to be reckoned with as they bring a ton to the table. Undoubtedly, OpenAI has the AI software expertise that’s virtually next to none, while Broadcom has the AI chip design talent to beat.While the group effort, which will also seeTaiwan Semiconductor(NYSE:TSM) help out as a manufacturer, will take some time, I certainly would not bet against the potential offering as the dependence onNvidia hardware looks to lessen over time.Though the somewhat recent OpenAI team-up is the most intriguing, let’s not forget about the other Broadcom partnerships that could pay dividends as firms funnel more cash toward designing custom hardware that powers their AI applications. Notably, Broadcom’s Alphabet(NASDAQ:GOOG) Google, andMetaPlatforms(NASDAQ:META) partnerships could be key growth drivers.Arguably, the partnership opportunities in custom AI chips make Broadcom the most exciting AI company that isn’t named Nvidia. There are perks (financial and practical) of taking ownership of both the hardware and software, something big tech has realized in the early days of the AI boom.Apart from custom chips, Broadcom’s networking and software businesses could also stand tall for the firm, even if the AI trade were to take a bit of a break in the near future. And for value-focused investors, I’d argue Broadcom stock remains more attractive than the shares of the Magnificent Seven companies (Nvidia included) at 26.74 times forward price-to-earnings (P/E).The bottom lineBroadcom shares may be overheated, but unless we’re in for a widespread bear market or an unforeseen tumble in AI stock multiples, I think Broadcom will be at full speed ahead. In any case, I wouldn’t wait for a stock split (it will not happen anytime soon) or a drastic pullback before considering getting into the name. Perhaps watching and nibbling is a smart idea for cautious investors who know the stakes at this phase in the AI upswing."The Next NVIDIA" Could Change Your LifeNVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.But if you missed out on NVIDIA's historic run, your chance to see life-changing profits from AI isn't over.The 24/7 Wall Street Analyst who first called NVIDIA's AI-fueled rise in 2009 just published a brand-new research report named "The Next NVIDIA".The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email belowGet Report Now » It's Free Thanks! We will redirect you shortly to the free report! By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you. You can unsubscribe at any time. For more information, please review our Disclaimer and Terms of Use.

Best Semiconductor Stocks to Buy in November

The semiconductor sector has more than rebounded from some volatility earlier this year, with the SOXX index making some solid gains to kick off November. This index is still roughly 15% off its all-time high, but it’s clear there’s strong risk appetite in this space, and investors are looking to add growth stocks to their portfolio after Donald Trump’s recent presidential win. nextstayCCSettingsOffArabicChineseEnglishFrenchGermanHindiPortugueseSpanishFont ColorwhiteFont Opacity100%Font Size100%Font FamilyArialText ShadownoneBackground ColorblackBackground Opacity50%Window ColorblackWindow Opacity0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialGeorgiaGaramondCourier NewTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%The growth these companies provide is unlike most sectors, and given the durable long-term demand trends that are expected to play out, this growth can continue for some time to come. Of course, the question surrounding most stocks in the semiconductor space is whether the growth rates these companies provide can accelerate further, and that’s a topic that’s up for debate. It’s also a discussion that really depends on the particular chip stock in question. That’s what makes picking particular winners in this space so appealing – there is opportunity for outsized gains for those who can get it right.The following three semiconductor stocks are certainly among my top picks right now as buying opportunities in November. Let’s dive into why these companies made the list, and what investors may want to watch with these stocks in particular.Key Points About This Article:The semiconductor sector is vast, with a great number of options available to investors, most of which provide market-beating growth rates.However, some are better than others, and these three companies remain my top picks in this sector in November.If you’re looking for some stocks with huge potential, make sure to grab a free copy of ourbrand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential.Nvidia (NVDA).ntv-moap { position: relative; padding: 10px 0; background-color: #fff; border-top: 1px solid #ddd; border-bottom: 1px solid #ddd; overflow: hidden; margin: 20px auto; width: 100%; } .ntv-moap a { border-bottom: none !important; text-decoration: none !important; } .ntv-moap .ntv-img { position: relative; width: 42%; float: left; } .ntv-moap .ntv-img img { width: 100%; height: auto; } .ntv-moap .ntv-txt { padding-left: 10px; margin-left: 42%; line-height: 0; text-align: left !important; } .ntv-moap .ntv-disc { color: var(--slick-site-color, #777); text-transform: uppercase; font-size: 14px; line-height: 21px; font-weight: 700; } .ntv-moap h3 { font-size: 22px; line-height: 24px; font-weight: 700; text-transform: none; margin: 8px 0; color: #111; clear: none !important; } .ntv-moap .ntv-byline { font-size: 14px; line-height: 21px; font-weight: 700; color: #777; margin: 0; } .ntv-moap .ntv-img { line-height: 0; } .ntv-moap .ntvAdChoicesImg { position: absolute; top: 0; right: 0; width: 16px !important; height: 16px !important; z-index: 2; } @media screen and (max-width: 600px) { .ntv-moap .ntv-img { width: 100%; float: none; } .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .ntv-moap h3 { font-size: 19px; margin: 4px 0; } } /* recipe section and sidebar */ .adthrive-recipe .ntv-moap .ntv-img, .adthrive-sidebar .ntv-moap .ntv-img { width: 100%; float: none; } .adthrive-recipe .ntv-moap .ntv-txt, .adthrive-sidebar .ntv-moap .ntv-txt { margin: 0; padding-left: 0; padding-top: 5px; } .adthrive-recipe .ntv-moap h3, .adthrive-sidebar .ntv-moap h3 { font-size: 19px; margin: 4px 0; } /* extra css to ensure iframe is hidden */ .ntv-moap + [id^="google_ads_iframe_"] { display: none !important; }Sponsored ContentStrategic Alternatives Podcast: RBC Experts on M&A, Healthcare, and MoreBy RBC Capital MarketsNvidia(NASDAQ:NVDA) should really be no surprise as the first pick on this list. I’ve been bullish on Nvidia for a long time, and that’s been the right directional call. Of course, things could always change in the market, and investors may one day reject the idea that paying 36-times sales for this company makes sense. From that valuation standpoint, the company’s current market capitalization looks ludicrous.However, from a forward price-earnings perspective, Nvidia stock trading at 35-times earnings doesn’t seem overly expensive. And when an investor takes into consideration that Nvidia has seen year-over-year growth above 200% in most of its recent quarterly results, this is a company that one could argue has an incredibly low PEG ratio. It’s really a question of how you want to view this company.It’s undeniable that Nvidia’s high-performance GPUs are what powers the AI revolution. Currently, the company holds 98% data center GPU share and over 80% share in AI chips. That’s incredible leadership’s nd this market leadership is expected to extend further with new products like the Grace CPU and AI networking solutions. The company’s upcoming Blackwell GPU, already sold out for a year, adds a strong near-term catalyst.In my view, investors looking to play the AI mega trend certainly have a clear and decisive way to do so – Nvidia. It’s the picks and shovels artificial intelligence play for a reason, and until spending slows in this AI race, this is the chip stock to own.ASML Holdings (ASML)ASML Holdings(NASDAQ:ASML) specializes in providing state-of-the-art semiconductor equipment used by chip giants such as Nvidia. The company’s lithography machines print tightly packed transistors on chips, making it possible for many of the advancements we’ve seen in high performance chip making, which has ultimately led to the AI revolution. In other words, if Nvidia is the picks and shovels play on AI application growth, ASML could be the picks and shovels play for semiconductor stocks like Nvidia more broadly. The company’s broad customer set includes other major chip makers like TSMC, which continue to see strong demand from clients ranging from data center operators to smartphone makers. Of course, the company’s recently-reported slower-than-expected backlog growth this past quarter has hurt the outlook for this stock, and ASML has been a relative underperformer since then. However, it’s my view that the long lag times with respect to the very expensive machines ASML produces could provide some buffer to these backlog numbers. An increase in backlog in the coming quarters could certainly more than make up for this past quarter, we’ll just have to see how those numbers roll in.It’s my view that ASML remains among the more viable options for value-focused investors looking to buy the semiconductor space as a whole. This is a stock that provides strong long-term earnings growth upside potential, and is among the more stable options in this sector. I like that.Advanced Micro Devices (AMD)Advanced Micro Devices(NASDAQ:AMD) is a top Nvidia rival, producing high-performance chips aimed at a range of clientele with different end needs. The company’s recent Q3 revenue slightly exceeded estimates, though AMD did lower its Q4 guidance, which led to the stock dropping following this report. That said, in recent days, AMD has made up some of these losses, with investors who remain bullish on this stock pointing to AI data center GPU revenue guidance growth, with this segment expected to come in at $5 billion (revised higher from a previous $4.5 billion forecast).In the grand scheme of things, that’s really not that material for the company, but it’s these incremental gains that really add up and compound over time. It’s my view that AMD could scoop up market share from Nvidia for high-performance chips, particularly if Nvidia’s upcoming Blackwell platform is truly sold out for a year. Thus, the question around AMD is really whether investors believe that corporations will work with slightly less powerful chips at a more affordable price tag, or if they’ll switch to AMD because they can get the chips faster. Either way, I think this company can gain ground over time – the pie is big enough, and it’s growing rapidly enough, to support two juggernauts at the top."The Next NVIDIA" Could Change Your LifeNVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.But if you missed out on NVIDIA's historic run, your chance to see life-changing profits from AI isn't over.The 24/7 Wall Street Analyst who first called NVIDIA's AI-fueled rise in 2009 just published a brand-new research report named "The Next NVIDIA".The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email belowGet Report Now » It's Free Thanks! We will redirect you shortly to the free report! By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you. You can unsubscribe at any time. For more information, please review our Disclaimer and Terms of Use.

New Toy: Nokia N97

I’ll be the first to admit, I am not a gadget freak. I don’t jump up and down upon  hearing the launch of a new smart phone or go straight out and buy it, I’d rather wait for people to start using the device, read the reviews and then make a decision from that point on.Apart from the basic functions of a phone, I’d like my smart phones to be sort of like my “away-from-home” computer or at least as close to that as possible. So the most important for me to look for in a smart phone is it should enable me to do some work-related tasks, such as reading and writing e-mails, browsing, writing notes, chatting and doing conference calls with colleagues and clients. And It would be cool if the phone can also act as my digital camera and music player because I hate having to carry so many things in my purse.When I saw Nokia N97, the first thing that I noticed was the combination of touch-screen and a qwerty keyboard. I love it! I can use the full touch screen with just one hand, but when I needed to type things, I just slide the phone and use the keyboard “communicator-style”.This phone has so many features that it seemed a bit intimidating at first, but then after playing with it for a few hours I realized that, just like my other Nokia phones, it is very easy to use. And once I got the hang of it, I could start exploring all the fun little widgets – applications that are available on the desktop. Among many, I’ve got maps, accuweather, kompas.com and facebook at the tip of my fingers. The facebook widget, I have to admit, is a lot better than the other facebook mobile application I use. The status updates are displayed on the desktop in real-time. It also has a better layout and is a lot easier to navigate. If you’re the type of person who needs to be constantly connected to your facebook account, you will find this very useful.There are a lot more other widgets to discover using N97 that I can download from Ovi store, Nokia’s brand new digital store. I have a feeling it’s going to keep me busy and entertained for a long time to come! Needless to say, if you want to maximize all these cool widgets, you need a reliable and possibly unlimited data plan, which worried me a bit because I don’t have that yet. However, I can also use the Wi-Fi connection whenever possible. To me, this is something Nokia should think about – providing an affordable and unlimited data plan so N97 users can maximize the features without worrying about breaking the bank. I am sure it would be the icing on an otherwise already very tasty cake.Other things that I think are worth mentioning are the memory aspect and the 5MP camera in this phone. With an internal memory of 32 GB, I don’t have to worry about not having enough memory to store my music and images. I can finally leave my digital camera and iPod at home!I’ve only been using N97 for a little over a week and still have plenty of other features to master. But I think it’s already safe for me to say that N97 has met my needs and beyond. I am looking forward to try going out a full day without my laptop and use this to get some work done – and find out if it can really be my ‘away from home’ computer.Of course it doesn’t hurt that this thing looks so stylish! 🙂

The Best Way To Invest in SpaceX Is With DXYZ Stock

Investors looking for ways to profit from Elon Musk’s close relationship with Donald Trump after his election seemingly have few ways of doing so.nextstayCCSettingsOffArabicChineseEnglishFrenchGermanHindiPortugueseSpanishFont ColorwhiteFont Opacity100%Font Size100%Font FamilyArialText ShadownoneBackground ColorblackBackground Opacity50%Window ColorblackWindow Opacity0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%200%175%150%125%100%75%50%ArialGeorgiaGaramondCourier NewTahomaTimes New RomanTrebuchet MSVerdanaNoneRaisedDepressedUniformDrop ShadowWhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhiteBlackRedGreenBlueYellowMagentaCyan100%75%50%25%0%WhileTesla(NASDAQ:TSLA) is the most obvious, as the electric vehicle manufacturer should benefit from Trump cracking down on so-called green subsidies, which would hurt other EV makers more than Tesla, there may be better, perhaps not so obvious ways of doing so.SpaceXalso stands to gain from the relationship as more NASA contracts flow to the rocket maker, but as it is a privately held company, you can’t buy any shares of the business.That’s whereDestiny Tech100(NYSE:DXYZ) comes in. 24/7 Wall St. Insights:As a privately held company, investors are walled off from investing in Elon Musk’sSpaceX, just as it prepares to benefit from a Trump presidency.Yet through the closed-endDestiny Tech100(DXYZ) ETF, which has a large position in SpaceX that represents over 37% of its portfolio, it provides a backdoor way to invest in the rocket company.If you’re looking for some stocks with huge potential, make sure to grab a free copy of our brand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential.A backdoor investment into SpaceXThe Destiny Tech100 ETF has the lion’s share of its portfolio invested in SpaceXDestiny Tech100 is a closed-end exchange-traded fund (ETF). That means it raised money for its investments at its initial public offering held in March, so its shares can be bought and sold on a stock exchange (theNYSEin this case), but no new shares are issued and new money doesn’t flow into the fund.While it is seeking a portfolio of 100 companies, up from its 22 existing positions, the ETF is betting big on the space race. Destiny invests in gaming, fintech, and artificial intelligence and machine learning companies, but none compare to its positions in the space industry. Its largest holding by far is SpaceX, which represents 37.6% of the total portfolio. It also owns a position inAxiom Space, a provider of spaceflight services for the International Space Station. It represents 9.1% of Destiny’s portfolio. Beware volatilityThe opportunity to gain access to still-private tech unicorns is driving investors to Destiny Tech100’s stock. Since Trump’s election last week, DXYZ stock has tripled in value.That’s a nice runup but pales in comparison to the surge it saw soon after going public when shares rocketed 1,000% higher. But at $43 today, it is still up 500% from its $8.25 per share price at its IPO open. Yet DXYZ stock remains one of the best ways of investing in SpaceX. Unlike some other stocks Destiny owns, such asStripe,Plaid, andOpenAI, there is little likelihood Musk will ever take SpaceX public. That means investors have to use roundabout methods like buying DXYZ if they want to capitalize on the potential gains of the space company.Potential for big gains in spaceAccording to USASpending.gov, a service of the Treasury Dept.’s Bureau of the Fiscal Service, Space X receives the vast bulk of its contracts from NASA, or $1.7 billion, but gets another $505 million from the Defense Dept. Smaller contracts have been awarded by the Commerce Dept., National Science Foundation, and elsewhere.It’s hard to argue that it doesn’t deserve them, as Musk has pioneered the use of reusable rockets, catching rockets mid-flight with robots, and other advances that were previously the realm of science fiction. It seems likely SpaceX will benefit from its technology offerings during Trump’s presidency.While Destiny Tech100 will undoubtedly be a volatile investment, it remains arguably the best way to cash in on the future of space, whether it is to the ISS or to occupy Mars."The Next NVIDIA" Could Change Your LifeNVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.But if you missed out on NVIDIA's historic run, your chance to see life-changing profits from AI isn't over.The 24/7 Wall Street Analyst who first called NVIDIA's AI-fueled rise in 2009 just published a brand-new research report named "The Next NVIDIA".The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email belowGet Report Now » It's Free Thanks! We will redirect you shortly to the free report! By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you. You can unsubscribe at any time. For more information, please review our Disclaimer and Terms of Use.