MicroCloud Hologram (NASDAQ:HOLO): The holographic technology company saw shares trade higher and gain interest from investors to start the week. The stock was halted several times in the early part of the trading week, before shares traded significantly lower on Thursday and Friday. The volatility in the stock comes after the company announced it was developing a holographic virtual digital human based on ChatGPT models on Friday. The company said the creation of the holographic model would be able to understand human language behavior and simulate emotions..
Rocket Pharmaceuticals (NASDAQ:RCKT): The clinical-stage biotechnology company saw strong interest from investors this past week after announcing an alignment was reached with the FDA for the Phase 2 trial of RP-A501. The company also announced an offering of 7.8 million shares at $16 each. Over the last two months, analysts have remained mostly bullish on the company. Needham rates it a Buy with a $53 price target, Stifel has a Buy rating with a $48 price target, and Canaccord Genuity gives it a Buy rating with a target of $47.
T Stamp Inc (NASDAQ:IDAI): The company recently announced it received its 18th patent, which is related to the use of artificial intelligence for tokenization.
Wheels Up Experience (NYSE:UP): The on-demand private aviation company saw shares trade higher following the announcement of their CEO appointment. George Mattison was named the new CEO of the company and brings 25 years of aviation experience to the role. Mattison is a member of the Board of Directors of Delta Air Lines (NYSE:DAL), which is a strategic partner and investor in Wheels Up. Mattison is also an investor and the Chairman of Tropic Ocean Airways, a Wheels Up partner. Wheels Up shares have climbed over 80% in the last month and the stock has been seeing short interest rise. The company currently ranks 21st on the Fintel short squeeze leaderboard with 11.5% of the float short and a cost to borrow of 46.8%.
MYT Netherlands AD (NYSE:MYTE): The global luxury ecommerce company saw strong interest from investors over the past week after the company reported fourth-quarter financial results. Fourth quarter gross market volume was up 40.8% year-over-year in the U.S. market. Active customers grew 10% over the last twelve months, with increased first-time buyers being added on a global basis. Double-digit growth for all geographic regions was highlighted by the company, with an improved focus on its top customers. The earnings report led to UBS keeping a Buy rating and raising the price target from $4.60 to $5.20.
Rocket Pharmaceuticals (NASDAQ:RCKT): The clinical-stage biotechnology company saw strong interest from investors this past week after announcing an alignment was reached with the FDA for the Phase 2 trial of RP-A501. The company also announced an offering of 7.8 million shares at $16 each. Over the last two months, analysts have remained mostly bullish on the company. Needham rates it a Buy with a $53 price target, Stifel has a Buy rating with a $48 price target, and Canaccord Genuity gives it a Buy rating with a target of $47.
T Stamp Inc (NASDAQ:IDAI): The company recently announced it received its 18th patent, which is related to the use of artificial intelligence for tokenization.
Wheels Up Experience (NYSE:UP): The on-demand private aviation company saw shares trade higher following the announcement of their CEO appointment. George Mattison was named the new CEO of the company and brings 25 years of aviation experience to the role. Mattison is a member of the Board of Directors of Delta Air Lines (NYSE:DAL), which is a strategic partner and investor in Wheels Up. Mattison is also an investor and the Chairman of Tropic Ocean Airways, a Wheels Up partner. Wheels Up shares have climbed over 80% in the last month and the stock has been seeing short interest rise. The company currently ranks 21st on the Fintel short squeeze leaderboard with 11.5% of the float short and a cost to borrow of 46.8%.
MYT Netherlands AD (NYSE:MYTE): The global luxury ecommerce company saw strong interest from investors over the past week after the company reported fourth-quarter financial results. Fourth quarter gross market volume was up 40.8% year-over-year in the U.S. market. Active customers grew 10% over the last twelve months, with increased first-time buyers being added on a global basis. Double-digit growth for all geographic regions was highlighted by the company, with an improved focus on its top customers. The earnings report led to UBS keeping a Buy rating and raising the price target from $4.60 to $5.20.
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NewsTranscript
00:00 Good morning, Zinger Nation. Welcome back to your daily Stocks to Watch. Today is Monday,
00:09 September 18th, 2023. You all know why I'm here, getting you that fresh hot off the press
00:17 list of Stocks to Watch. Maybe you don't actually, maybe you're new to the Stocks to Watch idea
00:24 as a, we're not really a channel. We're kind of a, not a lifestyle either. So I'm not exactly
00:30 sure. We're a, we're a show every darn day. We are live Twitter and LinkedIn. Maybe you're
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00:41 different ways to listen to things. Well, welcome aboard. If you're a new, welcome,
00:45 welcome, welcome. Follow us on Twitter and LinkedIn. Follow Ben Zinger specifically to
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00:56 know what you think on any of the platforms where you get podcasts. That's twitter.com/benzinger
01:03 to catch us live every morning, generally between 9, 10 and 9 30. We want to get you
01:08 pre-market before things get too crazy and get you out to your trading day as well. A
01:14 big shout out to our sponsor for today's stocks. That's Vantage Point with a volatile economy
01:20 and pretty darn high inflation, especially considering the last numbers we just saw.
01:25 I think we'll be talking about that more as well, but it might just feel impossible to
01:29 be guessing what's going to happen in the stock market. What the heck is going on? But
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02:17 Point could give you quite the AI powered edge. That's www.freestockcoaching.com.
02:23 Let's get into our list. Starting off the list of the Daily Stocks to Watch, we've got
02:30 five great, well, maybe not financial advice. I don't know if I can say great or not. I'll
02:35 say five ideas to be cooking with today. Starting off the list, we've got MicroCloud Hologram.
02:43 What a name. Ticker H-O-L-O. Stock to Watch number two is Rocket Pharmaceuticals. That's
02:50 ticker R-C-K-T. I like it so far. We've got some wild stuff. Stock to Watch number three
02:56 is T-Stamp Incorporated. Ticker I-D-A-I. Number four, we've got Wheels Up Experience. Ticker
03:03 W-U-P. And Stock to Watch number five is M-Y-T Netherlands. That's ticker M-Y-T-E. Starting
03:11 off with MicroCloud Hologram. I just love that name. That is wild. It reminds me of,
03:17 I don't know, like a Lockheed Martin or something. It just sounds cool. That's ticker H-O-L-O
03:22 Holo. This is a holographic technology company and saw shares trade higher and gaining interest
03:29 from investors starting the week. Stock was actually halted several times in the early
03:34 part of the trading week before shares traded significantly lower on Thursday and Friday.
03:39 And we're talking about the week we're talking about last week, just for your context. And
03:41 the volatility in the stock comes after the company announced it was developing a holographic
03:47 virtual digital human based on a chat GPT models on Friday. The company said that the
03:54 creation of the model would be able to understand human language behavior and simulate emotions.
04:00 This is a holographic. I don't think we've talked about specifically holograph stocks
04:08 to watch, stocks to pick before. This is a pretty darn wild niche that they are in. I
04:15 mean, we've seen stuff like I think it was the hologram of Drake at a Drake concert like
04:19 years ago, but it seemed to kind of cool off for a while. The technology, from what I understand,
04:25 is pretty darn difficult and expensive most of the time. But similar to technology with
04:30 lasers and lasers were still mainly just used in academia and things that were the Star
04:37 Wars thing. And now they're pretty common. We see a lot of laser stocks, a lot of use
04:41 cases. Holograms could be in that zone. I've heard some commentary on the street talking
04:47 about this type of technology as maybe the next type of lasers. Who knows? It's another
04:52 one of those actual physical that is producing something that could be used in a variety
04:59 of different ways. Micro cloud trying to use chat GPT to create a holographic human might
05:05 be some sort of use as a concierge in hotels and restaurants and things. It could be really
05:11 interesting to have essentially an embodied form of chat GPT or other AI models. Really
05:18 interesting one to watch here. Still definitely a penny stock. Nothing too crazy going on.
05:24 I see a big, had a big mountain there and back down, but 100% a story to watch and a
05:31 stock to watch. The ticker number two, we've got a rocket pharmaceuticals. That's ticker
05:37 RCKT. This is a clinical stage biotech company which saw some strong interest from investors
05:44 this past week after announcing an alignment that was reached with the FDA for phase two
05:49 trial of one of its drugs. That's RPA 501 company also announced an offering of 7.8
05:57 million shares at $16 per share. That is a darn big offering. Over the last two months,
06:04 have remained mostly bullish on the company with Needham rating it at a buy with a $53
06:10 price target. That is a pretty darn significant difference between even its offering at $16
06:16 that represents quite the upside potential of Needham's right. Stifle has a buy rating
06:20 with $48 price target and Canaccord genuinely gives it a buy rating with a target of $47.
06:28 These are all pretty darn high and more than a 2x multiple 3x in some cases of the offering
06:34 base. Now this is really market price. We're seeing market price over $23 per share, but
06:41 was down at the 15, $16 level not too long ago and a really big move after the announcement
06:49 of the alignment. Some big, big moves for rocket pharmaceuticals. And again, reiterating
06:55 that analysts, some analysts are very favorable on this stock. Definitely one to be watching
07:00 if you are in the biotech sphere. If you're looking at stocks like this, rocket pharmaceuticals,
07:04 100% stock to watch. Ticker number three, we've got T-Stamp Incorporated with ticker
07:11 IDAI. And this is an interesting one. It recently announcing its 18th official patent received,
07:19 which is related to the use of artificial intelligence for tokenization. This is a interesting
07:25 one. I had not really heard very much about T-Stamp Incorporated before this story, before
07:31 what is going on. So this is Trust Stamp is kind of the name of the company, the name
07:35 of the game and issuing the 18th patent from the US patent trademark office with notification
07:43 of additional allowing further expanding upon the utility of its AI powered tokenization
07:49 technology. This is an interesting one. We're combining there, we're seeing this combination
07:54 that they're attempting to pull off here of tokenization. So a blockchain type of idea
08:00 along with AI. So two buzzwords, but I think digging in a little deeper, this is a technology
08:09 to be looking into. If you were looking at stocks that are at the very cutting edge,
08:13 similar to Holocaust, could be one to be looking at as well. Some of these really niche, really
08:22 unique bleeding edge technology ideas. You don't necessarily know for sure what is going
08:29 to happen next with them, but could be a really interesting story, especially moving ahead
08:33 if we continue to see more use of artificial intelligence. Tokenization could actually
08:39 be a really powerful tool to maintain trust. We've seen things like deep fakes. We've seen
08:44 all sorts of problems that can crop up. Going to be one to watch here, combining tokenization
08:50 with AI. Definitely an interesting story.
08:53 Number four, we've got wheels up experience. That's ticker UP. This is an on-demand private
09:01 aviation company. Shares were trading higher following the announcement of their CEO appointment
09:07 with George Madison, named the new CEO of the company who brings 25 years of aviation
09:12 experience to the role. Madison is a member of the board of directors of Delta Airlines.
09:17 A little bonus ticker there for you. Just a strategic partner and investor in wheels
09:24 up. Madison is also an investor and the chairman of Tropic Ocean Airways, which is another
09:29 wheels up partner. We're seeing some, you know, this is on here. These partnerships
09:34 are well [inaudible] been in just the last [inaudible] company currently ranks 20th on
09:51 the [inaudible] a pretty crazy [inaudible] definitely. On the other side, on the bear
10:09 side you say this has been up so far over 80% in the past month. When is it going to
10:14 come back down? What is going to happen? Are there going to be some real serious developments?
10:19 What is the reasoning behind this? And maybe you're right. Maybe it's going to go back
10:23 down. Maybe the shorts are going to be correct here. But again, just to keep people aware
10:28 that this is one of the least within the [inaudible] probably the most viable target short squeeze
10:36 with those kind of [inaudible] could be a really interesting one to watch, especially
10:41 continues to go up as its name of wheels up. Stock five closing now. [inaudible] seeing
10:59 some strong interest from investors, especially after reported their fourth quarter financial
11:04 results. Gross market volume was up almost 41% year over year in the U.S. market. That
11:11 is a big figure, especially specifically in the U.S. market where consumers have been
11:15 a little here, a little there. [inaudible] with increased first time [inaudible] basis.
11:29 [inaudible] top customers [inaudible] rating and to $5.20 per share, representing a tiny
11:46 little boost there if U.S. is correct on that price target. NYT Netherlands, not one that
11:52 we hear talked about very much. Anecdotally, it's a pretty under the radar one. Wanted
11:57 to get it out here for you, especially after some pretty solid financial results. All right,
12:03 we're going to go back over our list. Get you out to your trading days. Starting off
12:08 ticker number one, micro cloud hologram. Just love that ticker. H O L O. Number two, we
12:14 had a rocket pharmaceutical. [inaudible] number three, we had T stamp incorporated. [inaudible]
12:22 number four was wheels up experience. That's ticker UP. Number five was NYT Netherlands
12:28 with ticker MYTE. Everyone has a wonderful Monday, a great start to your trading week.
12:35 Once again, a shout out from our sponsor Vantage Point. Check out www.freestockcoaching.com.
12:42 Hope everyone has a wonderful rest of your day and we will catch you tomorrow.
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