I m Intrigued by the Recent Pullback in Aurora Mobile While the Chinese company is still not profitable, it is cash flow positive. Stocks quotes in this article: JG, IQ, FTCH A late Friday afternoon, and I m not looking to get too aggressiveI am intrigued by the recent pullback in Aurora Mobile (JG) . The is a Chinese company that looks to derive actionable insight and real-time knowledge from device-level behavioral data to help companies manage content and targets ads more efficientlyThey offer is a value-add service. Read the full story and get access to the Real Money Pro trading floor. There s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investi
Broker s call: InterGlobe Aviation (Buy)
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Updated on
CMP: ₹1623.15
InterGlobe Aviation Ltd (Indigo) is one of the most efficient low cost carriers (LCC) with a market share of 43 per cent in Indian aviation sector.
Revenue declined by 51 per cent y-o-y, but on sequential basis revenue grew by 79 per cent q-o-q, led by improvement in passenger growth. Resumption of flight operations, cost rationalization and healthy cash positions is helping the company in tiding over crisis situation.
With passenger traffic gradually reaching to pre-Covid levels, revenue growth to normalize in FY22 led by better utilization of fleet and relaxation in price caps.
Management focus expansion of international footprints and deeper penetration into Tier 2-3 cities, to drive growth in near future. While replacement of old aircraft with 15 per cent more fuel efficient fleets will improve profitability in the medium term.
February 25, 2021
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Investors with a short-term horizon can buy the stock of Tata Coffee at current levels. The stock advanced 5.6 per cent accompanied by extraordinary volume on Thursday, reinforcing the bullish momentum. It now pauses, testing a key resistance at ₹118 with a positive bias. A conclusive break above this hurdle can take the stock northwards, strengthening the intermediate-term uptrend that has been in place since recording a low at ₹47 in March 2020. Within the uptrend the stock has been in a wide sideways consolidation phase in the band between ₹100 and ₹118 since August 2020. Recently the stock surpassed the 21- and 50-day moving averages and trades well above them. Both the daily and the weekly relative strength indices have entered the bullish zone backing the uptrend. Besides, the daily as well as the weekly price rate of change indicators have entered the positive terrain implying buying interest. The short-term outlook is bullish for the stock. It c