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Daily Stock Picks

RobinHood Roth IRA? $ARM IPO and UAW strike stock play - 9-15-23 Market Update

Sep 15, 2023
41:17

Robinhood will do a 1% match on your Roth IRA deposit - is that good?

$ARM IPO hugely successful - should you buy?

UAW strike for $F and $GM - should you buy $TSLA?


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NOTES

S&P Heatmap


https://finviz.com/published_map.ashx?t=sec&st=d1&f=091523&i=sec_d1_080302478



$f $gm strike 


$arm ipo makes it more expensive than $nvda 


After jumping 25% in its Nasdaq debut, Arm has a fully diluted market cap of about $68 billion, and a price-to-earnings multiple based on the past 12 months of close to 170.


That means it’s priced at a premium to Nvidia, which has a multiple of 109.


The difference is that Nvidia’s revenue just doubled and is projected to grow 170% this quarter, while Arm’s revenue shrank in the latest period. 


Arm's IPO pop lifts earnings multiple past Nvidia even though there's no growth

https://www.cnbc.com/2023/09/14/arm-is-trading-at-a-premium-to-nvidia-after-ipo-pop-even-though-its-a-no-growth-company.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard


$cart is going to raise their ipo based on $arm success 


Motley Fool Top Ranked Stocks - all with 9/14 updates 


https://www.fool.com/premium/tools/stock-ranker/stock-advisor/?lid=tifk9qjb24tz&source=ibmxsleml0000123&utm_campaign=SA&utm_content=bbn&utm_medium=email&utm_source=product&utm_term=3c53271d-d448-4dea-a8c6-95cd5249a099


Robinhood Roth IRA is interesting for those of us without an employer match 


https://www.cnbc.com/select/robinhood-retirement/


Sam from fb 


What is your thoughts on IRBT irobot?


$ionq - did it double top 


SCANS

$PFE

$GOOG

$AMD

$VOO

$MRNA

$CLF
$QYLG

$JEPQ

$FANG
$COP

$MRO

$UMDD

$URTY

$UPRO

$SPXL

$DRN

$VIG
$VTI

$RSP

$VSS

$VNQ

$XLB

$XLRE

$XLG
$AI - be careful with this one 

$NKE

$HD

$LCID

$MCHP

$MU

$MAR
$AVGO

$GEHC

$ADI

$AZN

$EBAY

$UPS

$LIN

$LMT

$FDX

$GD

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