Demand for OPEC-sourced crude oil will recover 25% in 2021 and surpass levels seen in 2019, the global coalition of producers said in a Tuesday report. While exponential upside is being called for, investors should pay attention to the market cap being only $185 million ahead of the analyst report. Golf clubs have been forced into lockdowns. Ints Kalnins/Reuters. Yet the historically large increase still fails to retrace the 8.9 million barrels per day decline forecasted for 2020. That is unheard of, but much of the gains came from the new list of defensive stocks in a COVID-19 recession. function closeBBNav() { Canaccord Genuity reiterated Zynerba Pharmaceuticals Inc. (NASDAQ: ZYNE) shares as Buy with an $18 price target on May 28. Last seen trading at $8.64, Green Plains stock has a 52-week range of $3.77 to $16.49. Brent crude, oil's international benchmark, plummeted but remained at positive levels. ☰ Its fleet is 84 planes that are leased to 40 airlines in 24 countries, with a fleet value of approximately $2.7 billion. That offers the 100% threshold, now that it has pulled back 25% over the past month. The stock then rallied from about $7 to $9 on the news and on big volume, but the stock pulled back under $8.70 later in the week. subGalleries.style.display = "block"; It looks like you are viewing The Big Bounce Australia from a browser with USA settings. ( ). Now read more markets coverage from Markets Insider and Business Insider: UBS downgrades Netflix, calling shares overvalued after 75% rally from COVID-19 lows, Wells Fargo plummets 8% after posting its first quarterly loss since the financial crisis, Big investors say tech stocks are in demand like never before - and Bank of America is recommending these 3 trades for the best protection against a collapse, Registration on or use of this site constitutes acceptance of our, Visit the Business Insider homepage for more stories, An award-winning PIMCO fund manager who's crushed 99% of his peers for years told us the 2 trades he's making to stay ahead - and shared his key to credit investing today, Oil plunges 9% as major producers slash prices on demand weakness », The S&P 500 will sell off initially if Republicans win the presidency or Senate, a Wall Street stock chief says ». Registration: Online pre-registration is recommended as space is limited. subAttractions.style.display = "none"; Total oil demand won't fare as well, OPEC said. } else { ALSO READ: 10 Forces Driving the Stock Market Gains and the Economic Recovery, Green Plains Inc. (NASDAQ: GPRE) saw its shares surge after Jefferies raised its rating to Buy from Hold and lifted its $7 target to $16 on May 20. Fly Leasing stock has traded in a 52-week range of $3.41 to $23.21. Zynerba stock's 52-week trading range is $2.55 to $15.70. One stock that does have direct COVID-19 ties, and which is not one of the eight (or nine counting Freddie Mac) listed, is Sorrento Therapeutics Inc. (NASDAQ: SRNE). We will update this page with all the information about Eurovision 2021 as it appears. Get tickets for the World's Biggest Bounce House. Ahead of Thursday's pullback, the S&P 500 was up 5% heading into the last trading day of May 2020, and the index was already up 35% from its lowest close during the panic selling in March. In a more conservative call, Deutsche Bank slashed its price target to $10 from $20 after the company's earnings report. ALSO READ: 40 Solid Stocks Thriving Through the COVID-19 Recession, Zynerba Targets Autism, Anxiety, Behavioral Challenges. Participants must be 18-years and younger as of April 5, 2020. This is another stock that needs to pull back before it technically can be a "stock to double.". Fly Leasing Ltd. (NYSE: FLY) is a small-cap player that purchases and leases commercial aircraft under multiyear contracts to various airlines. Fannie Mae stock closed at $2.16 a share, in a 52-week range of $1.26 to $4.23. That means this stock was a double for the holders ahead of the call, and now it would only bring 100% upside if the shares pull back. Axcella stock also has a 52-week trading range of $2.25 to $15.25. function toggleGalleries() { Sign up below and we’ll let you know as soon as they are! Many investors feel confused about the massive swings, as the recession was so fast. Included with your All Access 3 hour ticket. ( ); : 10,000 square feet of inflatable fun coming to your town. Precigen Inc. (NASDAQ: PGEN) is a small, $425 million biotech outfit targeting human papillomavirus tumors in trials, and it reported earnings in early May. function toggleAttractions() { Investors always should keep in mind that analyst calls sometimes do have not much more insight than sophisticated individuals and institutional investors. : } var subGalleries = document.getElementById("subGalleries"); For a more conservative view, note that on May 5 BMO Capital Markets maintained an Outperform rating but cut its target price to $13 from $25. That is definitely true among some of the small caps and speculative stocks, and some of these stocks are mere shadows of their former selves. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Fannie Mae Anti-Conservatorship (Maybe Freddie Mac Too!). } Synchronoss, Driving Customer Experiences? November 27, 2021 (Saturday) TBD : Home: Iowa: Madison, WI Camp Randall Stadium: History; December 4, 2021 (Saturday) TBD : Big Ten Football Championship Game: Indianapolis, IN: Big Ten Football Championship Game History The firm noted that all eyes are still on the treatment of Fragile X Syndrome anxiety and behavioral challenges with CBD results in about a month. Brent crude traded at $42.87 per barrel. WTI contracts for August delivery traded at $40.25 per barrel as of 2:40 p.m. House prices to bounce back in 2021 after modest falls during coronavirus pandemic, CBA predicts ... tipped for the second half of 2021.  ); © 2020 Board of Regents of the University of Wisconsin System, Camp Randall & Kohl Center Food & Beverage, University of Wisconsin-Madison Privacy Policy, Video Platform powered by CBS Sports Digital. The contest will have three hosts: Chantal Janzen and Jan Smit as main hosts, while Edsilia Rombley will host the … 1,200 square meters of inflatable fun coming to your town. This company has a tiny $140 million market cap, and the call pointed toward its BRIGHT open-label study data in autism spectrum disorder. The slogan for Eurovision 2021 will be Open Up and the logo and theme artwork had also been designed – everything copied from the cancelled Eurovision 2020.. Another characteristic about analyst calls for stocks to double is that they rarely come from bulge bracket firms like Goldman Sachs, Bank of America, Morgan Stanley or JPMorgan. Like us on Facebook to see similar stories, Postal employee who discarded 112 Louisville ballots no longer works for USPS, could face federal charges, The Ongoing Pandemic Has Impacted The Canned Corn Supply Chain, So It May Be Hard To Find In Stores. 2019 erwartet die Teilnehmer eine neue sportliche Herausforderung der Extraklasse. OPEC issued record-breaking production cuts as well, but the curbs aren't set to last. While there is so much hype and hope on companies making vaccines, cures or treatments for COVID-19, we have eliminated the biotechs and other companies with a focus of targeting the coronavirus in their business model. We hope not, but as always the "caveat emptor" approach should at least be given some consideration along the way. The stock market's fall from February through March was monumental, bringing on the fastest bear market we have seen in our lives. subGalleries.style.display = "none"; GasLog Ltd. (NYSE: GLOG) was choppy earlier in May after its earnings increased 36% to $0.15 per share and beat expectations. Read more: An award-winning PIMCO fund manager who's crushed 99% of his peers for years told us the 2 trades he's making to stay ahead - and shared his key to credit investing today. OPEC expects demand for its product to spike roughly 25% to 29.8 million barrels per day in 2021, bringing it slightly above levels seen in 2019. var hideSubAttractions = document.getElementById("subAttractions"); Are any additional reminders and risks about analyst calls needed? Oil prices have largely stabilized near $40 per barrel after plummeting in April. That compared with a prior $5.17 closing price, but the shares went up to $6.00 due to the target being so high. JPMorgan issued a new Overweight rating and assigned a $15 price target on May 26. West Texas Intermediate crude futures briefly slid to negative prices that month as storage options dried up and stifled demand failed to address a supply glut. : document.getElementById("parentAttractions").style.color = "rgb(226,226,226)" Other times the analysts have access to far better data. Next year is expected to show demand jumping 7 million barrels per day to 97.7 million barrels per day. ... bringing big swings in … Tournaments, professional and amateur alike have been postponed or cancelled totally. We’ve created an action-packed day out suitable for all ages and featuring some of the most unique and exciting custom-built inflatable attractions ever made. Precigen is set to present data on June 22 covering its PRGN-3005 UltraCAR-T platinum-resistant ovarian study, and that candidate also is targeted for fallopian tube or primary peritoneal cancer. } That said, this company destroyed key shareholder ambitions in 2019. The event dates are March 15 – 19, 2021. Do you wish to stay on our Australian site or visit our USA site? The Big Bounce America is the largest touring inflatable event in the entire world! The group's forecast for 2020 demand crept 200,000 barrels per day higher to 23.8 million barrels per day. var hideSubGalleries = document.getElementById("subGalleries"); Stock quotes by finanzen.net. The operator of liquefied natural gas carriers has a 52-week trading range of $2.67 to $15.16, so this may sound less aggressive in expecting a great return to normalcy for the call to be seen. document.getElementById("parentGalleries").style.color = "#fff" The Irish-based player had closed at $6.21 ahead of the call, and it initially traded up to $7.50, before rising above $8 later in the week. The company reported a loss earlier in May and also withdrew its guidance, but on May 26 Northland Securities issued a new Outperform rating, along with a $6.50 price target. All rights reserved. Fannie Mae (FNMA) has seen its shares swing around the recession and the mortgage forgiveness issues, but the Federal Housing Finance Agency is still looking for it and Freddie Mac (FMCC) to exit government conservatorship. And a Bonus With COVID-19: Sorrento Therapeutics. These are summaries of many of the analyst calls made since mid-May with stock price targets that are calling a double or more. ET. Golfers have … The view for exponential upside here is on Axcella's proprietary endogenous metabolic modulators targeting nonalcoholic steatohepatitis, overt hepatic encephalopathy, sickle cell and acute muscle atrophy. They are looking for new ideas, or even old ideas that make sense, for how to be invested heading into summer and ahead of the election later in 2020. The company offers cloud, digital, messaging, Internet of Things and other communication platform services to drive customer experiences. Made In NYC | var subAttractions = document.getElementById("subAttractions"); This target represented more than 200% in implied upside from a recent $5.75 share price. Show full articles without "Continue Reading" button for {0} hours. For an even more aggressive stance, note that Cantor Fitzgerald chimed in on May 28 as well by reiterating its Overweight rating and raising its already higher $21 price target to $24. The reinstatement of lockdowns in California, Florida, and Texas stand to drag further on travel activity and overall demand. In our years of covering stocks that can double, we have found that they generally are focused on more speculative small-cap stocks. While some view such retracing as necessary to match a steady uptick in demand, others fear spiking coronavirus case counts can stop the commodity market rally in its tracks. Demand for gasoline, diesel, and other oil products are projected to recover by a record amount, OPEC said. document.getElementById("parentAttractions").style.color = "#fff" subAttractions.style.display = "block"; document.getElementById("myBBNav").style.width = "100%"; if (subGalleries.style.display === "block") { Regardless of how insightful or data-centric a big recommendation is, investors should never use any single analyst call as the sole reason to buy or sell a stock. } Don't miss out on the fun, sign up now! H.C. Wainwright started it with a new Buy rating and a $5 price target after that report. Wedbush Securities started Axcella Health Inc. (NASDAQ: AXLA) as Outperform with a $28 price target on May 28. Die Bewerbung ist online möglich. Another consideration for investors is that calls with massive upside potential generally imply a much greater risk. The firm liked the Green Plains cost reductions, as the ethanol industry has been rebalancing along with gasoline demand. document.getElementById("parentGalleries").style.color = "rgb(226,226,226)" ALSO READ: 10 Overbought Stocks That Could Now Be Greatly Overvalued. That ends up being hundreds of calls each week. What is amazing is that some Wall Street analysts are still making new recommendations to their customers to buy stocks that may rise 100%, 150% or even over 200% in the year ahead. } else { } Commerce Policy | Lucas: Health and happiness draw Dietzen back to the game, Get inside Camp Randall, secure your personal Bucky Board today, Dream Season Postscript: Wisconsin vs. Purdue, 1998, Dream Season: Five Things to Remember vs. Purdue. Don't miss out on the fun, sign up now! © 2020 Insider Inc. and finanzen.net GmbH (Imprint). 8 Stocks That Could Double From 2020 to 2021, With No COVID-19 Focus at All Jon C. Ogg 5/29/2020 This 60-year-old short-order cook is facing eviction as pandemic economy claims more victims Get tickets for the World's Biggest Jumping Castle. 24/7 Wall St. covers dozens of analyst reports each day of the week. The coalition is expected to begin rolling back its production curbs during a meeting scheduled for Wednesday. Sorrento stock was trading at $4.95 heading into the last trading day of May, and it has a 52-week range of $1.39 to $10.00. if (subAttractions.style.display === "block") { Mission Hills Haikou is a one-stop complex with no match anywhere. Synchronoss Technologies stock has a $2.17 to $9.05 trading range over the past 52 weeks. In the coming months, WGE will unravel an exciting package of top international speakers and a programme specially crafted to look at the new pathway for golf especially in … The stock market's recovery, after the trillions of dollars of stimulus and as the reopening of the economy, has been so strong that the indexes have recovered most of their losses. Precigen stock had traded above $3 after those reports were out, but the more recent share price of $2.47 is back at that 100% in implied upside threshold, if the firm is correct. It has a 52-week trading range of $1.26 to $8.77, and this was the first analyst call we have seen on this company in some time. Producers around the world slashed production through the second quarter to help prices recover. Now some upside targets are higher while many remain muted. document.getElementById("myBBNav").style.width = "0%"; "People Say My Dad Was Better Than Me." Paul Ausick. Disclaimer | Again, analyst calls should only be one of multiple steps in any decision to buy or sell a stock. function openBBNav() { Höher, schneller, weiter! The analyst even sees it paying a dividend in 2024 if all goes well. Morgan Stanley Picks 30 Stocks for 2021. Most analyst ratings in Dow Jones industrial average and S&P 500 stocks generally had been coming with 8% to 10% in total return projections before the recession. The shares traded at $2.40 ahead of the call, but they were closer to $2.65 late in the week. Financial markets are warming to the idea that the U.S. economy could get a Biden bounce -- but it hinges on a new government being able and willing to run big … COVID-19 Update ~ Originally schedule for July, 2020 in Brooklyn, The Big Bounce has been postponed until July 24 – August 8, 2021. The Inaugural World Golf Expo (WGE) has been calibrated to get the golf industry back on the pathway to recovery. Please note that some have seen their share prices tick up since the calls were made, so they would need to see pullbacks for a true "double the money potential" to the formal target prices. Crude demand has since been closely monitored to see whether virus containment and economic reopenings can bolster the critical market. Connect with friends faster than ever with the new Facebook app. "Big Bounce – Die Trampolin Show" startet in die zweite Runde. The call came after the FDA gave clearance to proceed with STI-6129 as a CD38 targeting antibody drug. Stifel chimed in and reiterated its Buy rating after GasLog's report, and while the firm lowered its price target to $7 from $8, this entity was trading just under $3.50 as of May 28. } However, "efficiency gains, including teleworking and teleconferencing, may cap oil demand gains in 2021 to remain below pre-crisis levels of 2019," the group added. Synchronoss Technologies Inc. (NASDAQ: SNCR) is now just a shadow of its former self from a few years ago. After a huge expected capital raise in 2021, the plan is that these government-sponsored enterprises will be independent companies that are well financed and free from the government. World Golf Expo - WGE 2021 – The Big Bounce Back! Last Updated: January 30, 2020 11:22 pm. Like all industries, the golf industry has been hammered on all fronts. OPEC acknowledged the concerns in its Tuesday report, adding "the latest deteriorating developments in additional COVID-19 cases do not engender optimism going forward." Axcella also recently completed a $60 million capital raise and Wedbush was in the underwriting syndicate. Overtime Recommended for you. The firm Dawson James initiated coverage with a Buy rating and $24 price target, but this was barely a $5 stock at the time. Some are occasionally still in the S&P 500 or are well known, but these are never in mega-cap or Dow stocks. Unfortunately, Zynerba is no stranger to pain. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. The firm even highlighted a direct financial benefit under the CARES Act and from its hedging strategy. Other sectors and large companies have so far not caught up. A second wave of the pandemic could damage the oil-demand recovery, OPEC said. Demand for OPEC's crude oil is set to bounce back next year at a historically quick pace, the global coalition said in its July report published Tuesday. March 15, 2019 2:12 pm. Those all have some hope and merit, but too many companies with no backgrounds at all have issued ambitious plans in press releases and many of them still get no analyst coverage at all. hideSubAttractions.style.display = "none"; hideSubGalleries.style.display = "none"; Tickets not yet on sale for your town? Mikey Williams Opens Up For The First Time On His Family ️ - Duration: 12:18. The company's market cap is $260 million. „Big Brother“ 2020: Das sind alle Kandidaten und Kandidatinnen Wo und wie könnt ihr euch für die Staffel 14 von „Big Brother“ bewerben? New Nomura/Instinet has maintained as $5 price target on Fannie Mae looking into 2021, but out to 2024 it sees a path to a $9 stock based on current information. 8 Stocks That Could Double From 2020 to 2021, With No COVID-19 Focus at All.