YMM

Company Performance: A China-based logistics platform operator is experiencing significant growth, with a triple-digit earnings increase.

Investment Opportunity: The company's stock has returned to a buy zone, indicating a favorable investment opportunity.

ETF Trading Highlights: On Wednesday, Alibaba Group saw a decline of about 1.9% with over 8.3 million shares traded, while Full Truck Alliance increased by approximately 1.4% on a volume of over 3.5 million shares. KT underperformed, dropping around 2.2%.

Market Commentary: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.

Full Truck Alliance (YMM): Barclays analyst Jiong Shao maintains a Hold rating on Full Truck Alliance with a price target of $13.00, while the consensus among analysts is a Strong Buy with an average price target of $15.69.

Epam Systems (EPAM): Analyst Ramsey El Assal from Barclays keeps a Buy rating on Epam Systems with a price target of $270.00, and the overall analyst consensus is also a Strong Buy with an average price target of $266.09, indicating significant upside potential.

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ETF Performance: The SPDR S&P Oil & Gas Exploration & Production ETF is down approximately 3% in afternoon trading, with Vital Energy and Delek US Holdings showing significant declines of about 8.5% and 7.8%, respectively.

Author's Perspective: The opinions expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.

Earnings Reports Overview: Several companies, including Campbell's Company, Full Truck Alliance, and Abercrombie & Fitch, are set to report earnings on March 5, 2025, with varying forecasts indicating increases or decreases in earnings per share compared to the previous year.

Industry Comparisons: The Price to Earnings ratios for these companies suggest differing growth expectations relative to their industry averages, with some companies like Full Truck Alliance and Riskified Ltd. showing potential for higher earnings growth than competitors.

KWEB Share Price Analysis: KWEB's share price is currently at $34.99, with a 52-week low of $24.485 and a high of $39.17, indicating potential volatility in its trading range.

ETF Trading Dynamics: ETFs function similarly to stocks, allowing for the buying and selling of units, which can be created or destroyed based on investor demand, impacting the underlying holdings significantly.

Earnings Call Announcement: Full Truck Alliance Co. Ltd. will release its fourth quarter and fiscal year 2024 financial results on March 5, 2025, followed by an earnings conference call at 7:00 A.M. U.S. ET.

Company Overview: Full Truck Alliance is a digital freight platform that connects shippers with truckers, offering various logistics services aimed at improving efficiency and reducing carbon footprint in the logistics industry.

NASDAQ 100 After Hours Performance: The NASDAQ 100 is up 6.7 points to 21,700.22 with a total after-hours trading volume of 140,820,879 shares.

Active Stocks Overview: Notable stocks include PG&E Corp and International Paper Company remaining unchanged, while Pfizer Inc. saw a slight increase; earnings forecasts for these companies indicate positive trends ahead.

Investment in Growth Stocks: Investing in growth stocks for the long term can lead to significant wealth accumulation, with key criteria including a strong competitive edge, consistent revenue and profit growth, and a large total addressable market.

Highlighted Growth Stocks: Lululemon, FactSet, and Full Truck Alliance are presented as attractive growth stocks, each demonstrating impressive revenue and profit increases, strategic plans for future growth, and strong market positions.

52 Week Range and Share Price: SCHE's share price is currently $27.23, within a 52-week range of $23.33 to $30.245, indicating its position relative to historical performance.

ETFs Trading Mechanism: Exchange traded funds (ETFs) function like stocks but involve trading "units" that can be created or destroyed based on investor demand, impacting the underlying holdings accordingly.

Momentum Investing Overview: Momentum investing involves buying stocks that are trending upwards, with the expectation of selling them at even higher prices. Full Truck Alliance Co. Ltd. (YMM) currently has a strong momentum score and a Zacks Rank of #2 (Buy), indicating potential for profitable trades.

Performance Metrics for YMM: YMM has shown significant price increases, with a 47.5% rise over the past quarter and a 59.91% increase over the last year, outperforming both its industry and the S&P 500. Additionally, recent earnings estimate revisions have positively impacted its consensus estimate, further supporting its momentum appeal.

NASDAQ 100 After Hours Performance: The NASDAQ 100 is up by 46.99 points to 21,276.31 with a total after-hours trading volume of 141,255,009 shares.

Active Stocks in After Hours Trading: Notable active stocks include Pfizer (+0.015), NIO (-0.01), AT&T (-0.02), and Tapestry (unchanged), with varying volumes traded among them.

Earnings Call Overview: Full Truck Alliance Co. Ltd. held its Q3 2024 earnings conference call on November 20, 2024, featuring key executives discussing the company's performance and future outlook while addressing potential risks and uncertainties.

Management Participation: The call included remarks from Mao Mao (Head of Investor Relations), Hui Zhang (Founder, Chairman and CEO), and Simon Cai (CFO), with a focus on non-GAAP financial measures for comparative purposes.

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Community of Traders: The platform boasts a community of over 10,000 serious traders who benefit from exclusive stories and accurate market intelligence provided by Benzinga reporters.

Conference Call Announcement: Full Truck Alliance Co. Ltd. (YMM) will hold a conference call on November 20, 2024, at 7:00 AM ET to discuss their Q3 24 earnings results.

Access Information: The live webcast can be accessed via their investor relations website, and a replay of the call will be available through specific phone numbers with a provided access code.

Company Performance: Full Truck Alliance Co. Ltd. reported a significant increase in third-quarter earnings, with net revenues rising 33.9% to RMB3.031 billion and adjusted earnings of RMB1.226 billion per share.

Future Outlook: The company anticipates fourth-quarter revenues between RMB2.94 billion and RMB3.00 billion, projecting a year-over-year growth of approximately 22.3% to 24.8%.

Financial Performance: Full Truck Alliance Co. Ltd. reported a 33.9% increase in total net revenues for Q3 2024, reaching RMB3,031.4 million (US$432.0 million), with net income rising by 81.4% to RMB1,121.9 million (US$159.9 million) compared to the same period last year.

Operational Growth: The company fulfilled 51.9 million orders in Q3 2024, marking a 22.1% increase from the previous year, and saw a significant rise in average shipper monthly active users, which reached 2.84 million, up 33.6% year-over-year.

VWO Share Price Analysis: VWO's share price is currently at $46.88, within a 52-week range of $38.83 to $49.57, and the 200-day moving average can provide additional insights for investors.

ETFs Trading Dynamics: Exchange traded funds (ETFs) function like stocks but involve trading "units" that can be created or destroyed based on investor demand, impacting the underlying holdings significantly.

Earnings Call Announcement: Full Truck Alliance Co. Ltd. will release its third quarter 2024 financial results on November 20, 2024, before U.S. market opening, followed by an earnings conference call at 7:00 A.M. ET.

Company Overview: Full Truck Alliance is a digital freight platform that connects shippers with truckers, offering various services aimed at improving logistics efficiency and reducing carbon footprint.