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Natural Gas Leader Setting up Bullish Wedge from Pullback

EQT (EQT) shares of the natural gas name are curling higher off the recent test of its one year value area support near 45 and closed Friday back inside monthly value as it also cleared its 21 EMA. EQT has a nice setup now to rotate back up to value high near 54.50 as...

Attractive Small Cap Cloud Communications Company

Ooma (OOMA) provides communications services and related technologies for businesses and consumers with products that include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless...

M&A Watch: HCM Software

Paychex (PAYX) on 1/7 announced a $4.1B deal to acquire payroll processing firm Paycor HCM (PYCR) at more than a 21% premium, a multiple of 5.2X EV/Sales, 15.2X EBITDA and 35X FCF for a company growing revenues 18.5% in FY24 with 65% profit growth and 87% CFO growth....

US Reindustrialization: Reshoring and Nearshoring

In recent years, the trend of deglobalization and “reshoring”—bringing manufacturing production back home to the US—has gained momentum. This shift is accelerating due to the Biden administration’s investments, tax incentives, and a tougher stance on China’s...

Earnings Preview and Strategy – Micron (MU)

Micron (MU) is reporting earnings on 3/20 after the market closes and the Street is looking for $1.43 EPS on revenues of $7.9 billion. Shares closed even of the last 8 reports with a median closing move of +1.5% and an average 8 quarter max move of 11.7%. The current...