Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

Algosun Global

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/confluent-inc" target="_blank" data-smartkarma-citation="entities:33443:1" rel="noopener">Confluent (CFLT US)</a>  is an American-based data infrastructure software company and a major contributor to the open-source project Apache Kafka. </li>
<li>Original creators of Apache Kafka founded the company in 2014. Today, Kafka has 5M+ lifetime downloads, and &gt;100,000 organizations use the successful open source project.</li>
<li>We believe <a href="https://www.smartkarma.com/entities/confluent-inc" target="_blank" data-smartkarma-citation="entities:33443:1" rel="noopener">Confluent (CFLT US)</a>  is uniquely positioned to benefit from the widespread adoption of Apache Kafka and the growing $50B+ total addressable market. </li>
</ul>



Confluent (CFLT US)  is an American-based data infrastructure software company and a major contributor to the open-source project Apache Kafka. 
Original creators of Apache Kafka founded the company in 2014. Today, Kafka has 5M+ lifetime downloads, and &gt;100,000 organizations use the successful open source project.
We believe Confluent (CFLT US)  is uniquely positioned to benefit from the widespread adoption of Apache Kafka and the growing $50B+ total addressable market. 


Confluent: Harnessing Data In Motion. Initiate At Overweight

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Capital Markets

<ul><li>Microsoft delivered a record third quarter which was driven by the persistent strength of the Microsoft Cloud.</li><li>Microsoft has built a large client base for Azure with international giants ranging from Lufthansa to Bridgestone to BlackRock.</li><li>Microsoft is viewing more strategic and larger Azure commitments from Westpac, U.S.</li></ul>

Microsoft delivered a record third quarter which was driven by the persistent strength of the Microsoft Cloud.Microsoft has built a large client base for Azure with international giants ranging from Lufthansa to Bridgestone to BlackRock.Microsoft is viewing more strategic and larger Azure commitments from Westpac, U.S.

Microsoft Corporation: The Gaming Upside & Other Drivers

High Quality Stock Setups, Weekly Stock Bull Finder

Weekly Stock Bull Finder

High Quality Stock Setups

Finding high potential stock setups on quality companies

Thematic (Sector/Industry)

<ul><li>I mentioned a few weeks ago that the current market correction would likely begin to pickup speed when the mega caps like Apple and Microsoft began their corrections and re-rated lower below their 200 day moving averages like most of the Nasdaq index.</li><li>On Friday, we saw a significant bounce off extreme oversold conditions but many charts still need significant time to base and repair themselves.</li><li>If we are truly entering a new bear market, relief bounces like these will become common which is something investors likely haven’t seen in awhile after years of “buy the dip” bull market mentality was in full force.</li></ul>

I mentioned a few weeks ago that the current market correction would likely begin to pickup speed when the mega caps like Apple and Microsoft began their corrections and re-rated lower below their 200 day moving averages like most of the Nasdaq index.On Friday, we saw a significant bounce off extreme oversold conditions but many charts still need significant time to base and repair themselves.If we are truly entering a new bear market, relief bounces like these will become common which is something investors likely haven’t seen in awhile after years of “buy the dip” bull market mentality was in full force.

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<ul>
<li>Apple and Microsoft are pressing on pivotal supports that would weigh on the US equity cycle after the April 26 red flag for defensives and resource stocks to sell off.</li>
<li>Mounting to break AAPL and MSFT key supports at 150 and 270 that would inflection the SPX cycle further given the SPX is flirting with a key break below 4,100/4,030.</li>
<li>AAPL and MSFT support breaks target AAPL 120 and MSFT 220.</li>
</ul>


Apple and Microsoft are pressing on pivotal supports that would weigh on the US equity cycle after the April 26 red flag for defensives and resource stocks to sell off.
Mounting to break AAPL and MSFT key supports at 150 and 270 that would inflection the SPX cycle further given the SPX is flirting with a key break below 4,100/4,030.
AAPL and MSFT support breaks target AAPL 120 and MSFT 220.


AAPL and MSFT Support Breaks that Would Implode the US Cycle

TMT & Consumer Independent Equity Research Analyst, Obex Capital Research

Aaron Gabin

TMT & Consumer Independent Equity Research Analyst

TMT & Consumer Independent Equity Research

Obex Capital Research

“Obex” is Latin for Barriers to Entry. Obex Capital Management’s investment philosophy is driven by an intense focus on which business model’s Barriers to Entry are able to withstand the ever increasing competitive disruption in the TMT and Consumer Sectors.

<ul>
<li>Promised operating leverage is pushed out until likely 3Q22, but only higher employee RSUs is a permanent inflationary impact.</li>
<li>Overcapacity is almost certainly transitory, as long as the retail business grows, this will be soaked up in a quarter or two.</li>
<li>AWS backlog is booming again. Amazon's current valuation = 12x forward AWS sales.</li>
</ul>


Promised operating leverage is pushed out until likely 3Q22, but only higher employee RSUs is a permanent inflationary impact.
Overcapacity is almost certainly transitory, as long as the retail business grows, this will be soaked up in a quarter or two.
AWS backlog is booming again. Amazon's current valuation = 12x forward AWS sales.


Amazon 1Q22: (Some) Cost Inflation Is Transitory, The Moat Is Not

United States

Microsoft Corporation operates as a software company. The Company offers applications, extra cloud storage, and advanced security solutions. Microsoft serves customers worldwide.

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Microsoft Corp (MSFT US)

Confluent: Harnessing Data In Motion. Initiate At Overweight

We are initiating coverage on Confluent with an Overweight rating and price target of $28, implying a ~50% upside. Fundamentals remain attractive,...

Andrei Zakharov

Microsoft Corporation: The Gaming Upside & Other Drivers

Microsoft delivered a record third quarter which was driven by the persistent strength of the Microsoft Cloud. Microsoft has built a large client...

Baptista Research

Weekly Stock Bullfinder- Week of 5/16

I mentioned a few weeks ago that the current market correction would likely begin to pickup speed when the mega caps like Apple and Microsoft began...

Weekly Stock Bull Finder

AAPL and MSFT Support Breaks that Would Implode the US Cycle

Apple and Microsoft are pressing on pivotal supports that would weigh on the US equity cycle after the April 26 red flag for defensives and...

Thomas Schroeder

Amazon 1Q22: (Some) Cost Inflation Is Transitory, The Moat Is Not

Current 2023E has AWS @ $104B and Advertising at $48B in revenues. Both are 45%+ EBITDA margin businesses. Today you are paying 16x forward EBITDA...

Aaron Gabin

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