Cramer Gives His Opinion On Nokia, Delta Air Lines And More
On CNBC’s "Mad Money Lightning Round," Jim Cramer said DigitalOcean Holdings, Inc. (NYSE: DOCN) is in the right place and he has always liked these kinds of firms.
"It’s a very high multiple stock, and that’s what’s causing the decline," he said.
Guggenheim Initiates Coverage On ThredUp with Buy Rating, Announces Price Target of $25
Guggenheim analyst Seth Sigman initiates coverage on ThredUp (NASDAQ:TDUP) with a Buy rating and announces Price Target of $25.
32 Stocks Moving in Tuesday’s Pre-Market Session
Gainers
Dover Motorsports, Inc. (NYSE: DVD) rose 57% to $3.58 in pre-market trading.
Barclays Maintains Overweight on ThredUp, Raises Price Target to $27
Barclays analyst Ross Sandler maintains ThredUp (NASDAQ:TDUP) with a Overweight and raises the price target from $23 to $27.
ThredUp’s Return On Capital Employed Overview
According to Benzinga Pro data, during Q2, ThredUp (NASDAQ:TDUP) posted sales of $59.96 million. Earnings were up 5.4%, but ThredUp still reported an overall loss of $13.89 million.
Earnings Scheduled For November 8, 2021
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $0.11 per share on revenue of $215.14 million.
3 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Analyst Ratings For ThredUp
Within the last quarter, ThredUp (NASDAQ:TDUP) has observed the following analyst ratings: