Calls of the Day: Qualcomm, Lam Research and Transocean

Friday, 8 December 2023, 19:05:15
Qualcomm and Lam Research getting downgraded at Morgan Stanley while Evercore is out with their top oil picks of 2024. CNBC”s Halftime Committee debates the calls.
— CNBC

Transocean: Falling Oil Prices Sink All Ships

Friday, 8 December 2023, 12:24:37
Transocean”s stock value has decreased by about 35% from its high in August, reflecting the weakness in the oil market. Click here to read more.
— Seeking Alpha

Decoding Transocean”s Options Activity: What”s the Big Picture?

Thursday, 7 December 2023, 21:01:56
High-rolling investors have positioned themselves bearish on Transocean (NYSE: RIG ), and it”s important for retail traders to take note. \This activity came to our attention today through Benzinga”s tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in RIG often signals that someone has privileged information. Today, Benzinga”s options scanner spotted 13 options trades for Transocean. This is not a typical pattern. The sentiment among these major traders is split, with 38% bullish and 61% bearish. Among all the options we identified, there was one put, amounting to $33,000, and 12 calls, totaling $1,115,647. Predicted Price Range Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $7.0 for Transocean … Full story available on Benzinga.com
— Benzinga

Affordable Allstars: 3 Stocks Under $10 That Can Double in 2024

Monday, 4 December 2023, 15:31:49
Low-price stocks are the favorite of retail investors. It’s understandable, as there is scope for diversification even with a small corpus. However, in general, low-price stocks come with big risks. The exposure, therefore, must be limited to avoid potential capital losses. Fortunately, stocks under $10 represent companies with good fundamentals. Investors will not lose sleep by owning these stocks. Further, this column focuses specifically on three high-conviction stocks under $10 likely to double next year. Before talking about these stocks, I would like to mention that rate cuts are possible in the second half of 2024. This is a key catalyst for the broader markets trending higher. It’s, therefore, a good time to consider equal portfolio allocation to growth stocks and blue-chip dividend stocks . Even if a few stories fire, the portfolio will look bright. Let’s discuss the best stocks to buy under $10. Kinross Gold (KGC) Source: T. Schneider / Shutterstock.com As gold trends higher, I am bullish on gold mining stocks for 2024.
— InvestorPlace

Transocean Stock: Bulls, Do Not Despair

Saturday, 25 November 2023, 05:48:18
Transocean”s stock price decline attributed to debt exchange and earnings results, though positive signs emerge. Read more on RIG stock and its buy rating here.
— Seeking Alpha