Buy Alert Issued
- Knowfee Inc.
- Feb 8, 2021
- 4 min read
We're issuing buy alerts on a few holdings for market open tomorrow, you will want to get in on all of these holdings when markets first open tomorrow as every one of these stocks should go on runs tomorrow.
Rating System
Strong Buy - At Knowfee our analysis are confident in this buy order being correct.
Buy - At Knowfee our analysis believe that based on all information available this is likely going to pop and be a good trade.
Hold - Knowfee is uncertain of of short-term future performance on a quarterly basis, however we are still confident in this assets long term potential and recommend holding through short-term volatility.
Under-perform: Knowfee believes this asset will not be able to meet the streets expectations and is set to under-perform and likely correct downwards.
Sell: Knowfee rarely issues direct sell orders, these are only issued if market conditions have changed and this asset is no longer a viable long-term or short-term holding. When Knowfee issues a 5 rating take the money you've made and run.
Name: Affirm
Symbol: AFRM
Exchange: NYSE
Knowfee Rating: 1.6
Analysis Rating: N/A - no rating as company is newly listed
I hope everyone got in on our initial buy order on AFRM a couple weeks ago at a price of $108.70. If you didn't we're issuing a buy again on Affirm as we love the business sector of financial technologies (FINTECH), heck we're in it! On top of that Affirm is on a ridiculous revenue run and we forecast that it will exceed gross revenue projects, eps, and other key metrics when the company releases its first results since going public. The excitement will be big on a result beat and well likely see a 30% pop!
Name: Canopy Growth Corp
Symbol: CGC
Exchange: Nasdaq
Knowfee Rating: 1.7
Analysis Rating: 2.4
We're overweight cannabis holdings in our portfolio for about 1 month prior the election now. The reason for this is that we were confident in a Biden victory and his intentions to legalize cannabis across all states. If the largest weed consumer market in the world legalized across all states CGC would see about a 5000% pop. Obviously legalization will take time but CGC is releasing quarterly results in a couple days and Knowfee is confident of an outperform on many metrics. Largely due to product popularity and increased consumption rates through Covid lockdowns. Get in on CGC for the run the next few days.
Name: Disney
Symbol: DIS
Exchange: NYSE
Knowfee Rating: 1.9
Analysis Rating: 2.0
Knowfee is excited about the potential of Disney as a streaming service in the long run, Disney has one of the largest collections of content and is working to develop new fresh content across the platform. Everything for Disney revolves around subscription growth and average daily use numbers. Earning performance or EPS, and other important metrics won't have an impact on price for DIS. The only thing the market is looking for with Disney is subscription growth to beat expectations, if this happens expect to see a 15% pop in the next couple days.
Name: Global Payment Systems
Symbol: GPN
Exchange: Nasdaq
Knowfee Rating: 1.6
Analysis Rating: 1.8
Here at Knowfee we love our disruptive technologies and fintech, GPN is a payment processing company that should see a tremendous boost to bottom line revenue on its next report. With the forced lock-down and stay at home orders in place, online transactions are booming which is amazing for GPN. Don't miss out on this great long term hold. GPN is also extremely under-bought and went through a recent correct down and is likely going into an extended run.
Name: Glu Mobile Inc.
Symbol: GLUU
Exchange: Nasdaq
Knowfee Rating: 1.7
Analysis Rating: 2
This is a pure short term value play, the company just popped 36% in after-market trading as it released news that the company was acquired by EA for 2.4 billion USD. You may think you missed the boat on this one but at the 9$ closing price on 02/08/2021 the company is trading at a value of 36 times less what EA just paid to acquire the company for. The market is clearly taking some time to realize this and its only up 36% in after-market. Knowfee will be utilizing some of our tactical pool to make a short-term play on GLUU, with the hopes that the market realizes the company is under valued, worst case if the market doesn't realize this fact, you'll benefit from holding them long term when the companies shares are converted to EA shares upon closing of the takeover. You may experience extreme volatility on GLUU for the week but their should be easy money to be made! Once Knowfee is up 100% on this holding we will be liquidating GLUU as the company doesn't fit with our long-term portfolio strategy.
As always happy trading!
We hope you enjoyed this alert, and wish you the best with your trades this week. Please always remember that Knowfee Inc. provides advice and alerts based on our company research and independent opinion of assets, Knowfee provides these alerts for education purposes only. It is your responsibility to do your own due diligence before making a trade. Trading is risky, please invest responsibly, and only invest money you are comfortable loosing. Please remember to remain focused and disciplined on your path to your long-term investment goals.
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