$Fastly, Inc.(FSLY)$ Fastly will drop below $13 soon. The price spike is too high and too soon. Most analysts one year price target is still below $15. Within past 3 days, it had hit above $15 which is crazy.
Despite one analyst's upbeat view for the stock, he's uncertain about Fastly's near-term business performance. Revenue growth may be accelerating, but Fastly's bottom line is moving in the wrong direction. Investors may want to wait before the edge-computing company demonstrates better operating leverage before they invest. Fastly is still facing many challenges. Edge computing specialist Fastly (FSLY 2.99%) is set to report results for its fourth quarter of 2022 after market close on Wednesday.While the company is making some important progress, it might be wise for investors to wait for management to demonstrate meaningful progress toward profitability first. Fastly's loss per share widened in Q3, coming in at a loss of $0.52. This compares to a loss of $0.48 in the year-ago period. The
$TU YI HLDG(01701)$ With China opening up and travel reaching 75% pre-pandermic level, this travel stock has a lot of potential ahead and currently grossly undervalued. By next year, this stock will report multiple times above the current revenue and profits. The current covid-19 infection rising rate is expected. As more people became fully vaccinated and recovered, the infection rates will stabilized and trend downwards. This is part of relaxation of covid-19 lockdown as seen in many other countries. Target price is above HKD1.20 similar to pre-covid days. Tourism and travel in China will eventually be back to normal as seen in other countries worldwide.
$Fastly, Inc.(FSLY)$Fastly acquisition of Glitch will allow 1.8 millions developers to use Fastly platform and will attract more developers and contents creators to Fastly. This is just the beginning of the turnaround for Fastly. Investors can expect both revenue and profits of Fastly to grow rapidly in the coming months. Currently Fastly share price of $12+ is undervalued and oversold. Target price for Fastly above $45.
$Fastly, Inc.(FSLY)$Fastly stock is presently undervalued and weigh down by short sellers. This stock is expected to hit above $80 by next year or earlier if picked up by reddit crowd.
$Fastly, Inc.(FSLY)$Fastly top management needs to be replaced especially the CEO as he handled analysts questions poorly. FSLY stock is now almost 60% below its peak price. Main reasons for missing the revenue is due to lower traffic due to June outage and giving out credits to the affected customers hitting revenue by 1%. According to the management forecast, 2022 will be the inflection and starting point of increase in revenue growth. The CFO did mention that after the June outage, FSLY managed to win more new enterprise customers. FSLY stock price at USD35 is currently oversold.
Nothing new. Knee jerk reaction. Smokers will continue to smoke. It will be business as usual. New vaping devices that are more healthy will be invented. Winter is coming and more people will smoke. Good opportunity to buy on dip before Smoore stock goes up again.
BUZZ-Chinese e-cigarette maker Smoore falls most in two months, authorities call for quitting smoking
Nothing new at all. This is just a knee jerk reaction. Smokers will continue to smoke. Business will be as usual. New vaping devices will be invented. The stock has been oversold previously from hkd60 to below hkd50 and oversold now. Now it is a good opportunity to buy on dip before it goes up again.
Skillz stock is way under valued. Its growth of 90%, zero debt, 2x growth rate from Android users have lots of potential. In addition, expansion to overseas markets are just beginning. There is a lot of upside to this stock.
These chips shortages have caused disruptions to products manufacturers from automakers to computers. Sometimes next year, the supply will be back to normal.
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