Stock Pick of the Week: W. E. 4 Aug. 2023

[clarkrl2]

Rules:

1. Selection must be made prior to the opening bell on the first trading day of the week.
2. Selection may be changed up to the opening bell.
3. Starting price is the opening price on first trading day of week.
4. Ending price is closing price on last trading day of week.
5. No options or other trading vehicles. Only stocks and ETFs are allowed.
6. Opening prices will be those found at Yahoo Finance. Any disputed opening price will be resolved using the price listed at Yahoo Finance historical quotes

To enter the game:

List your stock's symbol, Long or Short, Company name, what the company does and why you like the selection.

Congratulations to last week's winner "benchmark".

[uncle23]

   


AMSC.......long

[clarkrl2]

Long VOYA (Voya Financial - Financial)
I still like the chart with weekly bars. weekly bars 

[kadee79]

AXL. long....


American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles. It operates through Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment provides range of products, such as engine, transmission, driveline, and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets. It operates across Brazil, China, Czech Republic, England, France, Germany, India, Japan, Luxembourg, Mexico, Poland, Romina, Scotland, South Korea, Spain, Sweden, Thailand, and United States of America. The company was founded in 1994 and is headquartered in Detroit, Michigan.

[djAdvocate]

clark- i am switching gears.  KORU is perking up, so i will take that.  long.

[clarkrl2]

kadee78 takes the early lead. djAdvocate is second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
kadee78	L	AXL	$9.2400	$9.4500	2.27%
djAdvocate	L	KORU	$10.8400	$10.8900	0.46%
BenchMark	L	QQQ	$383.7900	$383.6800	-0.03%
uncle.23	L	AMSC	$10.0900	$10.0800	-0.10%
clarkrl2	L	VOYA	$74.7500	$74.2600	-0.66%

 

[uncle23]

American Superconductor Corp (NASDAQ:AMSC) shares are surging Tuesday amid claims of a new superconductor from a group of physicists.



What Happened: According to a Science.org report citing a Cornell post from July 22, there are claims that a new superconductor is being developed that works above room temperatures and at ambient pressure.



"If true, the discovery would be one of the biggest ever in condensed matter physics and could usher in all sorts of technological marvels, such as levitating vehicles and perfectly efficient electrical grids," the report states.



The original post from Quantum Energy Research Centre's Sukbae Lee and Ji-Hoon Kim lacks detail and has reportedly left physicists skeptical. If their claims are legitimate, the new discovery would represent what Science.org calls "the ultimate superconductor."



American Superconductor shares surged on the report. The company is focused on generating ideas, technologies and solutions that meet demand for smarter, cleaner energy.



AMSC is set to report first-quarter financial results on Aug. 9. The company is expected to report a loss of 16 cents per share and revenue of $27.75 million, according to Benzinga Pro.



See Also: Tesla Seeks $100M For Semi Charging Route Between California And Texas



AMSC Price Action: AMSC shares were up 43.8% at $14.50 at the time of publication, according to Benzinga Pro.



Photo: Lorenzo Cafaro from Pixabay.

[clarkrl2]

uncle23 had the wow move of the day to take over the lead. kadee78 is second and djAdvocate third. 

Player	L or S	Symbol	$ Open	$ Close	% Close
uncle.23	L	AMSC	$10.0900	$16.1300	59.86%
kadee78	L	AXL	$9.2400	$9.5200	3.03%
djAdvocate	L	KORU	$10.8400	$10.8900	0.46%
BenchMark	L	QQQ	$383.7900	$382.7900	-0.26%
clarkrl2	L	VOYA	$74.7500	$74.4000	-0.47%

[djAdvocate]

uncle- you have picked some MASSIVE bangers this year.  wow.

[uncle23]

.....dj,  I pick them from most actively traded stocks filter with charts that seem to be trending up,,,

[clarkrl2]

uncle23 still leads after a wild day. kadee78 is second and clarkrl2 third.

Player	L or S	Symbol	$ Open	$ Close	% Close
uncle.23	L	AMSC	$10.0900	$11.4600	13.58%
kadee78	L	AXL	$9.2400	$9.3700	1.41%
clarkrl2	L	VOYA	$74.7500	$72.9500	-2.41%
BenchMark	L	QQQ	$383.7900	$374.3900	-2.45%
djAdvocate	L	KORU	$10.8400	$9.8700	-8.95%

[clarkrl2]

kadee78 takes over the lead on this difficult week. clarkrl2 is second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
kadee78	L	AXL	$9.2400	$9.1800	-0.65%
clarkrl2	L	VOYA	$74.7500	$73.3900	-1.82%
BenchMark	L	QQQ	$383.7900	$373.7800	-2.61%
uncle.23	L	AMSC	$10.0900	$9.6000	-4.86%
djAdvocate	L	KORU	$10.8400	$9.8100	-9.50%

 

[djAdvocate]

so upsetting.  the fund significantly underperformed the index.
that mid-week announcement was a killer (downgrade).

congrats to clark and KD

edit: GBTC was up 4% this week.  LOL

[kadee79]

Aug 3, 2023 17:10:21 GMT -5 djAdvocate said:

so upsetting.  the fund significantly underperformed the index.
that mid-week announcement was a killer (downgrade).

congrats to clark and KD

edit: GBTC was up 4% this week.  LOL

Don't we have 1 day to go yet?  A lot of things can happen in one day as we have already seen this particular week!

[clarkrl2]

uncle23 rallied back to win this week's championship. clarkrl2 is second over the benchmark by a wild nose hair. 

Player	L or S	Symbol	$ Open	$ Close	% Close
uncle.23	L	AMSC	$10.0900	$10.3100	2.18%
clarkrl2	L	VOYA	$74.7500	$72.4800	-3.04%
BenchMark	L	QQQ	$383.7900	$372.0400	-3.06%
kadee78	L	AXL	$9.2400	$8.1800	-11.47%
djAdvocate	L	KORU	$10.8400	$9.5700	-11.72%

[clarkrl2]

2023	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
BenchMark	1.13	31	5	15	8	0	53	1.71
kadee78	0.08	30	6	5	4	9	41	1.37
clarkrl2	-0.63	31	4	7	12	9	47	1.52
uncle.23	-1.63	31	12	3	3	14	59	1.90
djADVOCATE	-2.93	29	3	1	4	5	20	0.69

Lifetime	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
bimetalaupt	2.78	4	1	0	0	1	4	1.00
m2w	1.15	8	2	1	0	3	11	1.38
damnotagain	0.83	20	2	3	3	10	25	1.25
Value Buy	0.57	226	45	21	22	104	303	1.34
BenchMark	0.35	501	28	77	114	0	602.5	1.20
2kids10horses	0.33	10	0	2	1	4	9	0.90
Mod E	0.31	429	58	73	64	214	598	1.39
Ombud	0.24	120	12	13	18	61	141	1.18
kadee78	0.17	483	91	69	43	205	659	1.36
clarkrl2	-0.02	501	63	76	87	234	662	1.32
djADVOCATE	-0.11	136	19	17	20	47	158	1.16
architecto25	-0.36	406	83	46	39	177	557	1.37
tyfighter3	-0.53	108	11	4	17	40	98	0.91
Bluerobin	-0.66	6	2	0	0	3	9	1.50
uncle.23	-1.13	500	78	89	57	220	689	1.38
D. I.	-1.84	102	4	11	11	51	96	0.94
alliesmom	-6.82	2	0	0	0	1	1	0.50

[kadee79]

Congrats to Uncle & Clark....and was I ever right....things changed drastically in only 1 day!