Hey everyone, it’s your favorite financial YouTuber here, and today we’ve got some exciting updates on some of our favorite stocks! First up, Palantir Technologies Inc. (PLTR) closed at $7.89, which is a 0.25% increase from the previous trading session. Although it didn’t quite match the S&P 500’s daily gain of 1.68%, Palantir has outperformed the Business Services sector’s loss of 8.02% and the S&P 500’s loss of 6.68% in the past month with a 3.42% gain. Analysts are expecting Palantir to post earnings of $0.04 per share with a year-over-year growth of 100%, and the Zacks Consensus Estimate is projecting net sales of $504.9 million, up 13.11% from the year-ago period. With a Zacks Rank of #2 (Buy), it’s looking like a great investment opportunity! Now let’s talk about SoFi (NASDAQ:SOFI). These guys are doing something different by loaning cash to future rich kids, and it’s paying off big time. In fact, analysts believe the bank could generate as much as $260 million in profits by 2025. SoFi’s unique business model puts it at far less risk of a bank run, and its reliance on shorter-term personal loans gives its assets a shorter duration than most. Shares of SoFi likely retain their $10-$15 fair value, a 2x-3x upside, with a tangible book value expected to grow around 9% in 2024 and 14% in 2025. While it won’t be a straight ride to the top, the risks are different from those at other banks, so it’s a risk that speculators should be willing to take. Now, let’s get into Laser Photonics Corporation (NASDAQ:LASE). These guys are a leading global developer of industrial CleanTech laser systems, and they just announced the expansion of their Service Partner Network (SPN) program. In 2022, LPC originated financing agreements with 12 service partners, leading to over $1 million in sales of CleanTech products. Their partners also helped close an additional $1.5 million in sales through sampling and on-site customer demos coordinated by LPC’s inside sales team. Plus, Laser Photonics is committed not only to their green cleaning technology but also to their social responsibility, offering families a fantastic opportunity to start a new business backed by a leading manufacturer. The SPN program provides interested parties with competitive financing options and ready-built Mercedes-Benz Sprinter vans packed with all the gear needed to start a mobile laser cleaning business. What an opportunity! Last but not least, let’s talk about Matterport (MMTR). This company just announced a new integration with Autodesk Construction Cloud, making it easier for project teams using Matterport and Autodesk Build to collaborate within critical project management workflows. The new integration allows project stakeholders to enhance the ”Request for Information” (RFI) process in Autodesk Build, moving from traditional methods of communication to immersive digital twin technology, powered by Matterport. This is a big deal and marks an important evolution of the partnership between Matterport and Autodesk to make collaboration solutions more efficient for architects, engineers, and construction professionals. With Matterport available today in the Autodesk App Store for all supported regions, it’s looking like a great investment opportunity. Thanks for tuning in, and I’ll catch you in the next video!
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Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice or financial advice and it should not be taken as investment advice or financial advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.
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