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Virgin Galactic Holdings, Inc. : Good timing to anticipate a continuation of the trend


36.04%
Virgin Galactic Holdings, Inc. shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term.
Investors should buy the stock at current prices near $ 27.75 in order to target the $ 37.75.
Summary
Strengths
The prospective high growth for the next fiscal years is among the main assets of the company
Thanks to a sound financial situation, the firm has significant leeway for investment.
Analysts covering this company mostly recommend stock overweighting or purchase.
Weaknesses
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.

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HCL Tech Q3: Revenue growth seen at 3% QOQ CC ahead of guidance, expect upward revision to guidance


Updated Jan 14, 2021 | 19:45 IST
Expect strong Q3 for HCL tech with revenue growth to be ahead of Q3 guidance. Investors would watch out for upward revision to revenue growth and EBIT margin guidance.
Representational Image 
Key Highlights
Revenue growth in constant currency terms (CC) is expected at 3% QOQ ahead of guidance of 1.5-2.5% QOQ CC
Margins largely stable QOQ; Strong deal momentum is expected along with overall positive commentary
Watch for upward revision to revenue, EBIT margin guidance & outlook on demand trends & capital allocation
ET NOW Poll expects HCL Technologies to post strong Q3 with revenue growth expected to be ahead of the guidance. Revenue growth in constant currency terms (CC) is expected at 3% QOQ ahead of guidance. In the last quarter management had shared revenue guidance of 1.5% to 2.5% QOQ in CC for Q3 and Q4. Strong deal momentum is expected along with positive commentary. EBIT margin is expected to largely remain stable QOQ around 21.4% to 21.5% as compared to 21.6% in the last quarter and will expand on a year on year basis. Impact of wage hike is likely to be offset by Increasing digital mix, increasing utilization and operational efficiencies. Profit is seen at Rs 3227 crore growth of 2.7% QOQ.

Kawaljeet-saluja , Urmil-shah , Sandip-agarwal , Kotak-institutional , Hcl , Tech , Q3 , Revenue , Growth , 3 , Qoq

GLOBAL FASHION GROUP : Baader Bank reiterates its Buy rating

Volker Bosse from Baader Bank retains his positive opinion on the stock with a Buy rating. The target price has been revised upwards and is now set at EUR 15, compared with EUR 11 previously. | January 14, 2021

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WACKER CHEMIE AG : JP Morgan reiterates its Neutral rating

Chetan Udeshi from JP Morgan retains his Neutral opinion on the stock. The target price has been revised upwards and is now set at EUR 123, compared with EUR 77 previously. | January 16, 2021

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Carmen Hall: First-home buyers face uphill battle to get on property ladder


Carmen Hall: First-home buyers face uphill battle to get on property ladder
9 Jan, 2021 01:00 AM
2 minutes to read
Pāpāmoa East is the fastest growing suburb in Tauranga. Photo / File
OPINION:
When we bought our house about five years ago in Pāpāmoa East the market was on the cusp of a property boom.
At that time we had to make a nerve-wracking decision on whether
to hold on and hope prices would ease off - or bite the bullet and buy.
There is no denying it was a hard slog saving the 20 per cent deposit and there were moments when we felt like we were chasing an impossible dream.

New-zealand , Rotorua , New-zealand-general , Core-logic-tauranga , Carmen , Hall , First-home , Buyers , Face , Uphill , Battle