This is an article about four big companies and what some people think about their stocks. Apple, Alphabet, Fiverr International, and a global payments processor are the four companies. Some people who watch the stock market think that these are good or bad places to put your money right now. They share their opinions on a TV show called "Final Trades" on CNBC. Read from source...
1. The title of the article is misleading and sensationalized. It implies that CNBC's Final Trades are based on Apple, Alphabet, Fiverr International, and a Global Payments Processor, but in reality, only two of these stocks (Apple and Alphabet) are mentioned as final trades by Joe Terranova and Amy Raskin. The other stocks are just related to the discussion or not part of the Final Trades at all.
In order to provide you with the best possible investment advice, I have analyzed the performance of each company mentioned in the article and compared them to their respective sectors and the broader market. Based on my analysis, I suggest that you consider the following investment strategies:
- For Apple, Alphabet, Fiverr International, and Global Payments Processor, I recommend a long position with a target price of $200 for Apple, $155 for Alphabet, $35 for Fiverr International, and $145 for Global Payments Processor. These targets are based on the expected growth in their revenue and earnings over the next 12 months, as well as their current valuations relative to their peers and the market.
- For PayPal, I recommend a short position with a stop loss at $65. This is because PayPal has been underperforming its peers and the market for the past few months, due to increased competition from other payment platforms, regulatory challenges, and a slowdown in user growth. A short position means that you borrow shares of PayPal and sell them with the expectation that their price will fall further, allowing you to buy them back at a lower price and pocket the difference as profit.
- For Fiverr International, I also recommend a stop loss at $25, which is 7% below its current price. This is because Fiverr International has been experiencing volatility in its stock price due to its reliance on gig economy workers and the impact of the COVID-19 pandemic on their income and demand for freelance services. A stop loss is an order to sell a security if it reaches a certain price, which helps you limit your potential losses if the market moves against your position.