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Us Stocks Pick Alert - Investment (3) - Nairaland

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My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria / Here’s How To Invest In US Stocks From Nigeria (2) (3) (4)

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Re: Us Stocks Pick Alert by ukay2: 10:59pm On Feb 09, 2020
DOLLARTEX:
you are correct.the stock pop 5% on Friday with a massive volume in excess of a 100 million!maybe its time has arrive.Monday will tell us the direction of this stock together with uber which signifies making profit this year.it also did a volume trade and a 10% top up.
.

Oga you don leave me alone oooo
Re: Us Stocks Pick Alert by Nobody: 11:00pm On Feb 09, 2020
CowbellY:


Are you saying we should buy Nokia when market opens on Monday ?
due diligence also inclusive!
Re: Us Stocks Pick Alert by Nobody: 11:10pm On Feb 09, 2020
ukay2:

.

Oga you don leave me alone oooo

my chairman we dey together.
Re: Us Stocks Pick Alert by gamaliel9: 11:33pm On Feb 09, 2020
CowbellY:
Trove installed.

Also says, if you use a referral code, you get 5 shares of Dangote Sugar free.

Here's my code. : VM0ELW

Gamaleil9, does Chaka charge a fee for trades ?

Yes,they take fees fro trades. Local trades is 0.5% whether selling or buying. For global trades,it is 1%,buying or selling,either way the same.

I only use them for US stocks. Locally i use ARM Securities and Meritrade. They have calculator too on their platform. Calculate to authenticate

9 Likes 1 Share

Re: Us Stocks Pick Alert by ukay2: 12:33am On Feb 10, 2020
gamaliel9:


Yes,they take fees fro trades. Local trades is 0.5% whether selling or buying. For global trades,it is 1%,buying or selling,either way the same.

I only use them for US stocks. Locally i use ARM Securities and Meritrade. They have calculator too on their platform. Calculate to authenticate

Who regulate the activities of Trove Finance and other fintec applications please?

Just been curious?

1 Like

Re: Us Stocks Pick Alert by OakPearl(m): 4:19am On Feb 10, 2020
Goldenrichard:


Please your WhatsApp number

Sorry sir.
Kindly send me a DM via nairaland then we communicate from there.
Nairaland rules does not permit exchange of numbers.
I may be banned.

5 Likes

Re: Us Stocks Pick Alert by OakPearl(m): 4:39am On Feb 10, 2020
DOLLARTEX:
you are correct.the stock pop 5% on Friday with a massive volume in excess of a 100 million!maybe its time has arrive.Monday will tell us the direction of this stock together with uber which signifies making profit this year.it also did a volume trade and a 10% top up.

Your observation is very significant.
That volume spike in Nokia could mean there is renewed interest.
Their 10 day average is 34m, to do 97.7m in one day is a cause to pay attention.

From the chart attached it rose from about $3.70 to $4.37 resulting in a gain of 12.63% in the last 5 trading days.

Sometimes it oscillates within this band and could be a source of quick profit referred to as jijo (jump in and jump out) in the Nigerian stock pick tread on nairaland.
What happens from today will determine what to expect.
We watch.

3 Likes

Re: Us Stocks Pick Alert by OakPearl(m): 4:55am On Feb 10, 2020
ukay2:


But how safe is the App?

Any possibility of getting your money back if Trove App goes under?

Which regulatory body is regulating Trove Finance App?

Just skeptical and want to know more before testing the waters

Thanks

Your scepticism is in order.
No one wants to be a victim of loss.

However, if I may throw more light, the companies behind these apps are like agents commissioned by US licensed brokers to serve as reliable source of broadening market participation to parts of the world where the typical American broker has no presence and can't do due diligence on potential customers.

So even if Trove goes under, your stocks remain in your name in the books of the registrars of the companies you have and that of the stock broking house Trove works with.

It's similar to what happens in the Nigerian Stock Exchange. If a stock broker goes out of business, your stocks remain in tact with the CSCS depository. All you need do is change broker and get CSCS to do your transfer to a new broker.

26 Likes 2 Shares

Re: Us Stocks Pick Alert by ukay2: 5:33am On Feb 10, 2020
OakPearl:


Your scepticism is in order.
No one wants to be a victim of loss.

However, if I may throw more light, the companies behind these apps are like agents commissioned by US licensed brokers to serve as reliable source of broadening market participation to parts of the world where the typical American broker has no presence and can't do due diligence on potential customers.

So even if Trove goes under, your stocks remain in your name in the books of the registrars of the companies you have and that of the stock broking house Trove works with.

It's similar to what happens in the Nigerian Stock Exchange. If a stock broker goes out of business, your stocks remain in tact with the CSCS depository. All you need do is change broker and get CSCS to do your transfer to a new broker.

Thank you Sir for your response. Please I still need more clarification Sir.

So what is the USA version of our own CSCS?

Did trove or their USA stock broker open an equivalent CSCS account for Trove App investors?

Do you have an equivalent CSCS account statement like we have in Nigeria from the shares you have bought?

Thank you.

4 Likes

Re: Us Stocks Pick Alert by Nobody: 8:16am On Feb 10, 2020
BI Prime
GOLDMAN SACHS: These 15 stocks offer cash returns at more than double the market average — and they're available at a discount

David Kostin, the chief US equity strategist at Goldman Sachs, says he's brought together a group of S&P 500 stocks that return double the average company in the broader index.
Kostin adds that the stocks have underperformed the index for the last few years despite their superior returns.
The performance of those stocks has steadily gotten worse as investors got more optimistic about economic growth.

It's a rare combination, but Goldman Sachs says you can get better-than-average returns from a few stocks while also buying them at better-than-average prices.

David Kostin, chief US equity strategist at Goldman Sachs, says he's identified a group of stocks that more than double the cash return of the median S&P 500 stock, which is currently 4.4%. Most of them pay hefty dividends, and some augment that by repurchasing large amounts of their stock every year.

And yet Kostin says those stocks have been collectively underperforming the S&P 500, as shown in the chart below. It shows the high-return stocks falling farther and farther behind the benchmark index over the last three years, with a few attempted rallies that didn't last long.
Put simply, these stocks that offer strong cash distributions can be found at a bargain.
Total cash return performance
David Kostin of Goldman Sachs says stocks that offer outsize cash returns have underperformed the S&P 500 for years. Goldman Sachs Global Investment Research
And most recently, they've gotten even cheaper relative to the market as investors got more optimistic about the economy and resumed their preference for growth over higher-yielding stocks.

Listed below are Kostin's top 15 stocks. They're ranked from lowest to highest based on their yield, defined as dividend payouts and stock buybacks as a percentage of their market caps over the past 12 months.

15. NetApp
NetApp
Markets Insider
Ticker: NTAP

Sector: Information technology

Market Cap: $13.2 billion

Trailing 12-month buybacks: 9.0%

Dividends: 2.1%

Total yield: 11.1%

Source: Compustat and Goldman Sachs

14. Apple
Apple
Markets Insider
Ticker: AAPL

Sector: Information technology

Market Cap: $1.42 trillion

Trailing 12-month buybacks: 10.5%

Dividends: 1.9%

Total yield: 12.4%

Source: Compustat and Goldman Sachs

13. Xerox
Xerox
Markets Insider
Ticker: XRX

Sector: Information technology

Market Cap: $8 billion

Trailing 12-month buybacks: 9.2%

Dividends: 3.7%

Total yield: 12.9%

Source: Compustat and Goldman Sachs

12. Citigroup
Citigroup
Markets Insider
Ticker: C

Sector: Financials

Market Cap: $170.6 billion

Trailing 12-month buybacks: 10.0%

Dividends: 3.1%

Total yield: 13.1%

Source: Compustat and Goldman Sachs

11. Hewlett Packard Enterprise
Hewlett Packard Enterprise
Markets Insider
Ticker: HPE

Sector: Information technology

Market Cap: $19.2 billion

Trailing 12-month buybacks: 10.4%

Dividends: 2.8%

Total yield: 13.2%

Source: Compustat and Goldman Sachs

10. Lam Research
Lam Research
Markets Insider
Ticker: LCRX

Sector: Information technology

Market Cap: $47.2 billion

Trailing 12-month buybacks: 10.5%

Dividends: 2.8%

Total yield: 13.3%

Source: Compustat and Goldman Sachs

9. Wells Fargo
Wells Fargo
Markets Insider
Ticker: WFC

Sector: Financials

Market Cap: $205.8 billion

Trailing 12-month buybacks: 9.9%

Dividends: 3.8%

Total yield: 13.7%

Source: Goldman Sachs

8. Fifth Third Bancorp
Fifth Third Bancorp
Markets Insider
Ticker: FITB

Sector: Financials

Market Cap: $21.3 billion

Trailing 12-month buybacks: 10.0%

Dividends: 3.8%

Total yield: 13.8%

Source: Compustat and Goldman Sachs

7. Devon Energy
Devon Energy
Markets Insider
Ticker: DVN

Sector: Energy

Market Cap: $9 billion

Trailing 12-month buybacks: 9.9%

Dividends: 3.8%

Total yield: 13.7%

Source: Compustat and Goldman Sachs

6. NRG Energy
NRG Energy
Markets Insider
Ticker: NRG

Sector: Energy

Market Cap: $9.5 billion

Trailing 12-month buybacks: 14.2%

Dividends: 0.3%

Total yield: 14.5%

Source: Compustat and Goldman Sachs

5. Newell Brands
Newell Brands
Markets Insider
Ticker: NWL

Sector: Consumer discretionary

Market Cap: $8.6 billion

Trailing 12-month buybacks: 10.6%

Dividends: 4.2%

Total yield: 14.7%

Source: Compustat and Goldman Sachs

4. Oracle
Oracle
Markets Insider
Ticker: ORCL

Sector: Information technology

Market Cap: $176.3 billion

Trailing 12-month buybacks: 14.7%

Dividends: 1.7%

Total yield: 16.4%

Source: Compustat and Goldman Sachs

3. Waters
Waters
Markets Insider
Ticker: WAT

Sector: Healthcare

Market Cap: $14.2 billion

Trailing 12-month buybacks: 16.5%

Dividends: 0.0%

Total yield: 16.5%

Source: Compustat and Goldman Sachs

2. Evergy
Evergy
Markets Insider
Ticker: EVRG

Sector: Utilities

Market Cap: $16.1 billion

Trailing 12-month buybacks: 15.0%

Dividends: 3.2%

Total yield: 18.3%

Source: Compustat and Goldman Sachs

1. eBay
eBay
Markets Insider
Ticker: EBAY

Sector: Consumer discretionary

Market Cap: $29.9 billion

Trailing 12-month buybacks: 17.30%

Dividends: 1.1%

Total yield: 18.4%.

4 Likes

Re: Us Stocks Pick Alert by OakPearl(m): 8:18am On Feb 10, 2020
Take a look at this chart:

Between 1996 and 2000, the S&P 500 experienced 5 major pullbacks.

If you got scared and took some money off the table, you would have missed a tremendous money-making opportunity.

That's the exact situation we are in right now.

It's a rocky road to the top of a Melt Up.

But if you know the new way to profit from what's happening right now – you might never have to worry about money again.

God give us the knowledge to perfect these things and the patience to wait if we have to.

3 Likes

Re: Us Stocks Pick Alert by Nobody: 8:31am On Feb 10, 2020
DOLLARTEX:
due diligence also inclusive!
It is a matter of time, Nokia will will reach the bar. Trump Donald has invited Nokia and Ericson to provide the core 5G network in the US.
Many Americancentric European countries are equally following the suit.
The news is already imparting marginally on Nokia price chart.
However, it should be considered for a medium to long term investment.

1 Like

Re: Us Stocks Pick Alert by OakPearl(m): 8:35am On Feb 10, 2020
ukay2:


Thank you Sir for your response. Please I still need more clarification Sir.

So what is the USA version of our own CSCS?

Did trove or their USA stock broker open an equivalent CSCS account for Trove App investors?

Do you have an equivalent CSCS account statement like we have in Nigeria from the shares you have bought?

Thank you.

The American version of CSCS is Depository Trust & Clearing Corporation.

You may call Trove for further clarification of your other concerns.

9 Likes 3 Shares

Re: Us Stocks Pick Alert by bisiki2: 8:50am On Feb 10, 2020
OakPearl:


The American version of CSCS is Depository Trust & Clearing Corporation.

You may call Trove for further clarification of your other concerns.

You have been very helpful with your response.

2 Likes

Re: Us Stocks Pick Alert by OakPearl(m): 9:22am On Feb 10, 2020
bisiki2:


You have been very helpful with your response.




And I value your response too.
Thanks.

4 Likes

Re: Us Stocks Pick Alert by millennium2012: 10:43am On Feb 10, 2020
I greet you all.
Good work @OakPearl. You've done a great job by kickstarting this thread.

My problem with trove is high commission charge.
I don't know if anyone has noticed it yet? I've been demo trading with them since last year.

Am currently researching if I can get a well recognized US based broker with low charge.
Re: Us Stocks Pick Alert by gamaliel9: 11:01am On Feb 10, 2020
ukay2:


Who regulate the activities of Trove Finance and other fintec applications please?

Just been curious?

I believe Sir OakPearl has responded well to this. But wish to add that fintech implementation committee set up by SEC to regulate all fintechs has started work. All these investments apps are agents of main brokers...Chaka works with Citi Investment Capita in Nigerial. Mr Tosin Osibodu is the founder of Chaka...Mrs Osibodu is CEO of Citi Investment Capital..i do not know if they are relations..
One Iyinoluwa Aboyeji and Microtraction are also part owners of Chaka...

4 Likes

Re: Us Stocks Pick Alert by gamaliel9: 11:06am On Feb 10, 2020
https://techcrunch.com/2019/11/12/chaka-opens-up-global-investing-to-africas-most-populous-nation/

Find more information here. As at last night...Chaka Customer Service told me that the commission on selling and buying has reduced to 0.5% for either buying or selling local stocks and 1% for global stocks,selling or buying,either way...
Re: Us Stocks Pick Alert by OakPearl(m): 12:31pm On Feb 10, 2020
gamaliel9:


I believe Sir OakPearl has responded well to this. But wish to add that fintech implementation committee set up by SEC to regulate all fintechs has started work. All these investments apps are agents of main brokers...Chaka works with Citi Investment Capita in Nigerial. Mr Tosin Osibodu is the founder of Chaka...Mrs Osibodu is CEO of Citi Investment Capital..i do not know if they are relations..
One Iyinoluwa Aboyeji and Microtraction are also part owners of Chaka...

Good job Sir.
Re: Us Stocks Pick Alert by OakPearl(m): 12:38pm On Feb 10, 2020
millennium2012:
I greet you all.
Good work @OakPearl. You've done a great job by kickstarting this thread.

My problem with trove is high commission charge.
I don't know if anyone has noticed it yet? I've been demo trading with them since last year.

Am currently researching if I can get a well recognized US based broker with low charge.

I like the fact you are careful about commission charges.
If you are a US resident, fine. But as a non resident, if you are lucky to find a US broker, they will most likely require too much deposit to open a trading account plus a US bank account.

For me, I ran out of patience with the requirements being a Nigerian resident so I try to make as much profit from any stock as possible to render the commission insignificant.

10 Likes

Re: Us Stocks Pick Alert by YerYer: 4:42pm On Feb 10, 2020
gamaliel9:


Yes,they take fees fro trades. Local trades is 0.5% whether selling or buying. For global trades,it is 1%,buying or selling,either way the same.

I only use them for US stocks. Locally i use ARM Securities and Meritrade. They have calculator too on their platform. Calculate to authenticate

That's a total of 2% to buy and sell US stocks? That's a bit high but I think competition down the road will force them to reduce commissions.
Re: Us Stocks Pick Alert by YerYer: 4:48pm On Feb 10, 2020
Amotekun2020:

It is a matter of time, Nokia will will reach the bar. Trump Donald has invited Nokia and Ericson to provide the core 5G network in the US.
Many Americancentric European countries are equally following the suit.
The news is already imparting marginally on Nokia price chart.
However, it should be considered for a medium to long term investment.

I think one of the reasons it popped had to do with a false report that the U.S might buy a huge stake in Nokia and Ericksson to compete with Huawei. I still like Nokia, I have a very small position in it and I think patient investors will be rewarded soon.
Re: Us Stocks Pick Alert by OakPearl(m): 4:52pm On Feb 10, 2020
YerYer:


I think one of the reasons it popped had to do with a false report that the U.S might buy a huge stake in Nokia and Ericksson to compete with Huawei. I still like Nokia, I have a very small position in it and I think patient investors will be rewarded soon.

We share same sentiments.
The impending 5G boom will favour it later this year.
I hope I get my timing right.
I have plans to buy back.

1 Like

Re: Us Stocks Pick Alert by OakPearl(m): 5:19pm On Feb 10, 2020
Stock Focus:
Beyond Meat (BYND)
This company in the business of plant based burgers listed last year is an interesting watch.

Now trading at $120.42, it has gained 12.84% in the last 5 days, 24.5% in the last 1 month, 55.76% in the last 3 months, and 58.21% between January this year and now.

It was trading as high as $239.71 July 26th last year.

I see some value here medium to long term.
Re: Us Stocks Pick Alert by maishai: 5:33pm On Feb 10, 2020
Wow good thread......Please I would love to know the houses and men behind this apps we would use to trade us stocks...... Has any one visited their addresses in Nigeria......I would forever be grateful for " the wisdom of the crowd"........



Trading US Stocks will not only benefit us but will also be creating more demand for us stocks too as there would be more traders

3 Likes

Re: Us Stocks Pick Alert by YerYer: 5:35pm On Feb 10, 2020
OakPearl:
Stock Focus:
Beyond Meat (BYND)
This company in the business of plant based burgers listed last year is an interesting watch.

Now trading at $120.42, it has gained 12.84% in the last 5 days, 24.5% in the last 1 month, 55.76% in the last 3 months, and 58.21% between January this year and now.

It was trading as high as $239.71 July 26th last year.

I see some value here medium to long term.

This stock was on fire last year. It is very volatile though. But like Tesla, I believe it is one of those disruptor stocks that come about once in a while. I bought and held 100 shares for one day. Made $600 and quickly sold. Stil have just 5 shares. I plan to buy the dips and ride the wave for now. The broker I use only charge no fees to trade stocks.

6 Likes

Re: Us Stocks Pick Alert by maishai: 5:36pm On Feb 10, 2020
Though dividend yeild on us stocks are very low....how do we repartraite our dividends.....there may be many buy and hold investors among us

3 Likes 1 Share

Re: Us Stocks Pick Alert by Asuito7(m): 7:27pm On Feb 10, 2020
YerYer:


This stock was on fire last year. It is very volatile though. But like Tesla, I believe it is one of those disruptor stocks that come about once in a while. I bought and held 100 shares for one day. Made $600 and quickly sold. Stil have just 5 shares. I plan to buy the dips and ride the wave for now. The broker I use only charge no fees to trade stocks.
what broker do you use. Do you mind sharing?
Re: Us Stocks Pick Alert by YerYer: 8:31pm On Feb 10, 2020
Asuito7:
what broker do you use. Do you mind sharing?

I use TD Ameritrade and Robinhood. As of late last year almost all the U.S based brokerages switched to zero commission trades. It was fierce competition that made all of them switch to free trades and I believe similar things will happen to the nigerian based brokerages. Trove, Chaka and co are good too. As more people show interest, more brokerages will come on board. You can still make good gains that negate the 1% fee.

7 Likes 3 Shares

Re: Us Stocks Pick Alert by gamaliel9: 8:51pm On Feb 10, 2020
YerYer:


I use TD Ameritrade and Robinhood. As of late last year almost all the U.S based brokerages switched to zero commission trades. It was fierce competition that made all of them switch to free trades and I believe similar things will happen to the nigerian based brokerages. Trove, Chaka and co are good too. As more people show interest, more brokerages will come on board. You can still make good gains that neglect the 1% fee.


Evidently you are not living in Nigeria because those two apps or brokers do not accept Nigerians.

4 Likes

Re: Us Stocks Pick Alert by YerYer: 9:31pm On Feb 10, 2020
gamaliel9:



Evidently you are not living in Nigeria because those two apps or brokers do not accept Nigerians.

That's true
Re: Us Stocks Pick Alert by YerYer: 9:33pm On Feb 10, 2020
Does Trove, chaka or bamboo allow fractional share purchase? I think AMZN is a good buy here at $2131. It has lagged the S&P and NASDAQ. Just as Apple and Microsoft has made record gains, I think AMZN will be playing catch up from here.

1 Like

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