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Are you ready to launch your Corporate Venturing program? 5 important points to keep in mind before doing it

May
7, 2021

6 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Opinions expressed by Entrepreneur contributors are their own.

Collaboration between companies and startups through established models, known as Corporate Venturing (CV), generates mutual benefits such as: innovation, commercial capacity, value generation, stability, scalability, among others. For this reason, every day more companies decide to venture and seek formal ways to generate this collaboration, in the search to accelerate the digital transformation, retain existing customers or attract new ones through differentiating products and services. However, the path is not so easy, so the following 5 points should be considered, before launching a Corporate Venturing initiative. 1. It’s not all about the CEO To launch a successful collaboration program with startups, senior management should be considered, but it is also important to have a local sponsor , who will allow streamlining processes, open conversations and motivate teams that will benefit in the long term. Getting on board the middle managers or area heads is essential, they will execute the strategy, that implies finding the balance between the daily work, and the initiatives of the open innovation areas or CV planned for the business units. It is an issue that requires significant cultural preparation and commitment from the heads, who undoubtedly have the focus on the results and the operation of the business. 2. Real knowledge of Core Business The core of the business is not what the company is good at, instead, it is the reason why you have customers, for example, the core of Disney is the ability to entertain through interesting stories, it has built a empire around this value, with animation and film studios, sports channels, theme parks, television channels and even real estate companies. In order to see the existing opportunities around the core of the business, it must first be clearly defined, exploring and considering the reasons why customers choose one company over another, or analyzing the Jobs to be done in depth. When the core is well defined and clear to the entire company, it is much easier to find external innovations from startups to strengthen, nurture and expand it. 3. The company does not always know what it wants The business areas are very clear about what they want: cheaper suppliers, faster workflows, more efficiency and customers. But when a Corporate Venturing area focuses only on solving these problems, it is mortgaging its own future. Startups and technologies allow the business to take the next step, and rarely hide behind the challenges defined by the areas, management or even the company. Instead of answering “With what solution could the workers be more efficient?”, For example, the question of the CV unit should be “What will the Job to be done of the area be in the future, and how will it be achieved that job faster? ”. This is the difference between a purchasing area and a Corporate Venturing unit. It should not be assumed that everything the company asks for is what it really needs. 4. It is a game of risks and returns, and should be treated as such Having a CV program is part of the company’s survival and transformational efforts. It is not without risk – what if the solutions are not correct? How to ensure that the program has returns? When financial investments are made, they are diversified so as not to compromise the entire budget in one effort. You should think about a portfolio logic: keep it healthy and diversified. Successful companies have a mix of Corporate Venturing mechanisms (for example, Challenges, CVC and Venture Building ), some allow exploring the future and others generating short or medium-term returns. The perfect match will depend on the company’s ecosystem, culture, goals, industry, and capabilities. 5. It is a synergistic relationship, not hierarchical One of the most common mistakes is to think that by making their intentions public, companies will attract thousands of exceptional entrepreneurs eager to collaborate, and will unilaterally choose who they work with. In reality, there are many companies competing for a limited number of exceptional startups. In addition to a clear and differentiated value proposition for the CV program, it is important to consider a synergistic relationship: the company does not choose the startup ; Good startups also choose companies, they are so focused on their growth and development, that many times participating in a CV program could be of less impact than continuing with their roadmap . Planning and executing a Corporate Venturing program and defining the mix of collaboration mechanisms is not an easy task; allies such as Wayra , the corporate innovation arm of Telefónica Movistar, can be sought. Every year more companies dare to take the next step, contribute to the enrichment of local and regional ecosystems, and open the door to better possibilities for everyone involved, attracting better and better startups.

'The Alignment Factor': Alignment to the market taking into account segmentation and differentiation

May
7, 2021

9 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Opinions expressed by Entrepreneur contributors are their own.

Businesses large and small are being affected by the pandemic, and entrepreneurs are not immune. To survive and prosper in these difficult times, it may be necessary to reinvest in your business concept and redesign your offering. As a successful entrepreneur, you have aligned yourself with your market, but are you still aligned? Do your customers need the same as before, with the same mode of delivery? For example, imagine a previously crowded restaurant that has lost its clientele during the pandemic. Does the owner really know the current needs of his clients beyond the menu he used to offer or the pleasant atmosphere he provided? What is market segmentation? In short, it is about grouping heterogeneous people into homogeneous groups, or segments, according to some criteria related to their needs. By defining a segment and focusing on the needs of that segment, and aligning products or services with those needs, you have taken steps toward alignment with the market. The key characteristics of a market segment could be the similar needs or preferences of customers. In a multi-location business, one segment will likely take into account geography, demographics, and the choices people make, the kinds of services they value, and the quality they expect. In a smaller company, it could be a subset of these criteria. Let’s go back to the restaurants. Assuming that the use of masks is a fairly universal requirement, the first pressing question for owners is how to proceed for the next several months. Should the restaurant continue to offer service inside? If so, how are you going to protect customers? In general, this is solved with greater distance between the tables, requiring the waiters to wear masks and the kitchen staff to wear masks and gloves. But what about the growing number of people who now want takeout? Should they be forced into the restaurant where people are eating to collect the food? Or, more conveniently, can the restaurant offer to bring the food to the car? And the payment? Does the client have to enter the facilities to give their credit card? Or can you pay by phone or on the website when ordering? These issues have solutions, but many restaurants seem unable to adapt. Perhaps it is a rigidity in the way owners view their establishments and an unwillingness to reassess the new needs of the market segment they served. Reassessing customers and perhaps re-segmenting your market based on the new reality is critical. Otherwise, valuable resources could be wasted on activities that are no longer aligned. Flexibility and creativity at this juncture can mean the difference between success and failure. What is differentiation? After redefining your market segments, you will need to identify what is important to customers in a segment likely to buy your product. Value factors can be price, quality, features, safety, shopping experience, after-sales service, etc. In a restaurant, they might include the price of menu items, the quality of the food (for example, whether it is organic or not; whether it uses meat, poultry, and seafood from sources that care for animals in a healthy environment), the variety in the menu, the safety in the process of acquiring food and eating, the experience in the restaurant and the treatment received once the service is finished. For each segment, rate the importance of each relevant factor to customers on a scale from low to medium to high. For example, quality could be a high value factor for a segment, while price is a medium value factor. Security could be high and follow-up service could be low. The evaluation should be based on data, not just opinion. You may need to conduct customer surveys. Next, evaluate the same value factors in terms of how your offering differs from your competitors. For example, is the quality you offer significantly better than that of your competitors? Is the price you offer considerably lower than that of your competitors? Are the features you offer unique and can’t the customer get them from other providers? By measuring your value factors, you can assign a low, medium, or high rating to each. For example, if your value factor is features, and you offer unique features that no one else provides, your differentiation would be high. If everyone offers the same characteristics, then your differentiation is low. Again, the evaluation must be based on data. After determining your differentiation for each of the value factors, you have a set of two evaluations for each: the first is the importance of the value factor for the customer in a segment, and the second is the differentiation of that factor of value with respect to your competitors. You can represent the two evaluations in a two-dimensional table, with a low, medium and high scale on both axes. The value factors that fall into the category (High: High) should become your main objective, both in terms of the message you send to the customers of that segment and in terms of ensuring that those value factors are perceived by your customers as and as you promised, or even better. For example, if the quality and safety have been assessed as (High: High), you should direct your resources to ensure that your customers are aware of your differentiation and that your quality and safety are at the highest possible levels. Strategies for each segment Not all of your market segments require the same attention. You could discard some segments and invest in others, especially during these difficult times. As an entrepreneur, you will have a preference based on emotional ties. This is dangerous, as what you prefer to offer may not be appropriate for all segments. Having re-segmented your market during this pandemic, you are in a position to decide where to put your energy and investment. You will have to choose the segments that are going to grow, those that can remain at the same level of growth and those that you must abandon. How do you make these decisions? There are guidelines in the management literature to help you do this. Basically, for each segment, you do a double assessment: How strong are you in the segment compared to your strongest competitor in terms of the internal processes that add value to the customer? And how attractive is that segment to an investor? If you are much stronger than your strongest competitor, your strength in that segment would be high. If you are at the same level as your strongest competitor, your strength would be medium, and if it is weaker than your strongest competitor, your evaluation in that segment would be low. Regarding the market attractiveness, you will have to evaluate if the market of a segment is extremely favorable, (considering a set of external criteria) or not. External criteria could include market size, market growth, and market profitability. If the market segment is favorable, the assessment for that segment would be high. Otherwise it could be medium or low. The value of this exercise is that it will allow you to compare the relative position of your different segments. The segment where your strength is high and the market attractiveness is also high (High: High) is the one that most deserves your attention, and the segment where the strength and market attractiveness are low (Low: Low) can be stopped from hand, unless it contributes something to another segment that is attractive. The other segments will require appropriate strategies based on their evaluation. Strategic mindset The strategic mindset that we propose in this article will help you define a set of appropriate strategies for each of your market segments. To develop a strategy, you must have identified your market segments, your differentiation and the relative position of your segments based on the business strength / market attractiveness analysis. Choosing where to put your time and investment will be key to your survival and growth, allowing you to make the right decisions and use your valuable human and financial resources to offer maximum value to your clients.

5 Blockchain Penny Stocks to Buy? Take a Look At These

May
5, 2021

8 min read

This story originally appeared on PennyStocks

Are Blockchain Penny Stocks Worth Watching?

Considering blockchain penny stocks for your May watchlist? Along with the rapidly changing markets we have seen in recent months, many high-returning blockchain penny stocks have increased in value during that time. 

With the influx of Robinhood penny stocks, many new investors have been able to join the market. This has caused volume to increase this year and has correspondingly, helped to push prices up. It’s also worth considering that we are now in a new age of digital currency. 

Today, many are seeing the advantage of cryptocurrency. With large banks and companies, such as Tesla Inc. (NASDAQ: TSLA), taking up huge stakes in these digital assets we have seen the market explode. 

[Read More] 5 Penny Stocks To Buy With Up To 219% Upside According To Analysts

Blockchain technology is what backs the decentralized system that runs all cryptocurrencies. In order to further this work, there are many blockchain-related penny stocks that are publicly traded. This provides funding to the systems that are bolstering up this billion-dollar industry.Although penny stocks are held by many investors, some choose to avoid such stocks due to the high speculation. In the market, speculation is known as a driving force behind stock price change.

Additionally with higher speculation comes higher risk. By looking at company-specific information investors can mitigate unwanted surprises in their portfolios. This includes examining filings, volume changes, analyst projections, and especially recent news.

Information like this can help you decide whether or not a company is right for your penny stock watchlist. Creating a list of penny stocks can keep your portfolio organized in case there is rapid movement. No one wants to be the last to invest and by taking the time to educate yourself, you can stay ahead of the game.

Many companies abroad have become increasingly involved with digital currency. Because of this, investors believe that core digital currencies such as Bitcoin and Ethereum could have a much higher utility in the future. 

Cheap penny stocks under $5 that work on blockchain-related tech or products, could correspondingly benefit. With this in mind, let’s review five blockchain penny stocks to watch right now.

5 Blockchain Penny Stocks To Add To Your Watchlist

SOS Ltd. (NYSE: SOS)Uxin Ltd. (NASDAQ: UXIN)Future Fintech Group Inc. (NASDAQ: FTFT)Atari SA (OTCMKTS: PONGF)Ebang International Holdings Inc. (NASDAQ: EBON)

SOS Ltd. (NYSE: SOS)

Over the past couple of months, we have been covering SOS Limited. The company’s involvement in blockchain-based technology and big-data-driven marketing has made it into a an interesting penny stock to watch.

[Read More] ESG Penny Stocks to Buy? 3 to Watch As Markets Push Up Today

The core of SOS’s “software as a service” (SaaS) has built a foundation on cloud-computing, AI technology, 5G networks, and blockchain-based technology. By providing advanced marketing services to large clients such as insurance companies, healthcare providers, financial institutions, and more, SOS has integrated itself into many industries.  

Since 2019, SOS has increased its total revenue by 333.6% to $50.3 million. Its operating costs have increased to $10.1 million, showing solid expansion. This however has also yielded an increase of nearly 200% in its net profits.

“SOS exited a challenging year with exceptional full-year operational and financial results that exceeded our expectations. I am very proud of our management team’s ability to plan and execute strategies for a profitable year upon completion of our business transition in 2020. […] With a strong financial position, the entire SOS team is focused on the execution and delivery of the Company’s strategic growth plan in marketing data business.”CEO and Chairman of SOS, Mr. Yandai Wang

Considering all of this, will SOS be on your penny stock watchlist?

Uxin Ltd (NASDAQ: UXIN)

An interesting tech penny stock is Uxin Ltd. Uxin is based in China and has worked to maintain a modern presence through its online platform. UXIN focuses on used car transactions much like the U.S. company Carvana. While it is known to be quite volatile, it does have a market cap of $600 million, making it a relatively large company.

Recently, UXIN has entered into a binding agreement with two major Asian investment firms and now has a new $300 million investment. It’s no surprise that after this announcement on Thursday its valuation skyrocketed. This small bit of news showed how volatile UXIN really is. Additionally, it hinted at a potential undervaluing of the company. Although not yet released, there is some speculation surrounding which investment firms completed the transaction. 

A UXIN representative stated in regard to this that, “[UXIN has] completed the transformation to the inventory-owning model during the three months ended December 31, 2020, with 99% of the transaction volume sold from the Company’s own inventory.” This means that per car sold, the company was able to achieve more revenue, even though it sold fewer cars this trailing year. Considering this, is UXIN stock worth watching?

Future Fintech Group Inc (NASDAQ: FTFT)

As another leading company in the sector of blockchain e-commerce, Future Fintech Group is based out of Florida. It implements a digital finance technology to its clients by use of blockchain-based online shopping. Termed Chain Cloud Mall (CCM), FTFT further engages in financial services technology for the supply chain industry. 

Having recently attended a Blockchain and Digital Industry Development Conference, FTFT entered into the Chengdu Urban Blockchain Industry Alliance. This alliance shares the belief that a variety of centers, including R&D and applied research centers, need to be developed to further blockchain innovation in China. 

CEO of FTFT stated, “We are in agreement with the conference’s viewpoint and also believe that the increasing evolution of blockchain technology will continue to be applied in many sectors including finance, culture, entertainment, media, and intellectual property.”

[Read More] 3 Hot Penny Stocks To Buy With Analysts Expecting Up To 383%

The CEO goes on to state that “this provides us with an excellent opportunity to help to transform and upgrade industries in China. Consequently, we will continue to invest in blockchain technology and big data with the dual goal of making a deep impact on society as well as maximizing returns for our shareholders.”

Atari SA (OTCMKTS: PONGF) 

As a video game developer, Atari SA is known for creating big-name games such as Pong and Astroids. Its recent management transition has led it into a new business direction. Specifically, it has aimed the company’s focus towards the blockchain and cryptocurrency market. This will create two parts of the company, Atari Blockchain, and Atari Gaming. 

Being new to the blockchain industry, Atari intends to implement blockchain technology into its already existing infrastructure. It will do so by permitting cryptocurrency use in games and by creating NFTs. While it is a relatively new NFT penny stock, it’s move into this industry could be a big one. This will hopefully drive revenue back up in its 2021 financial year. 

As a cheap penny stock, PONGF could be headed in the right direction with this transition. Older companies that recenter their goals towards future technologies have a much better chance of success. Because of this transformation, investors are showing increased attention in Atari. This is encouraging news for blockchain technology as well, as it only confirms how much future potential investors see. 

Ebang International Holdings Inc. (NASDAQ: EBON)

Ebang International Holdings engages in the research, design, and development of circuit chips. In addition, it produces a range of bitcoin mining products. Before we go any further, it’s worth noting that there is a worldwide shortage of computer chips. This has affected markets all the way from computers and tech to automotive and defense. Because of this, many companies like Ebang, have seen the prices for circuit chips push upward. 

With Ebang International, there are two factors to consider. On one hand, the company produces a range of technology products used in cryptocurrency mining. Because of the skyrocketing price of the meme crypto, DogeCoin, investors have been intent on finding crypto penny stocks to watch. 

Second, the company produces the chips used in everything from fiber optics to optical network solutions and more. These devices can be used on IoT applications along with a range of others. Back in February, the company announced that it had launched a new part of its business to begin mining both Litecon and DogeCoin. This was a big deal back then, and even more so considering the meteoric rise of DogeCoin. Considering all of this, is EBON on your list of penny stocks to watch?

Are Blockchain Penny Stocks Worth It?

Blockchain penny stocks have been at the forefront of many investors’ watchlists. Through the increasing interest in digital currencies, blockchain technology has seen massive investments. 

[Read More] 3 Penny Stocks With Huge Potential in May 2021

Without knowing the true trajectory of this market yet, investors need to do a lot of research before investing. As more software is being developed every day to meet the demand for the growing marketplace, it is obvious that time is of the essence. 

Where do you think this market will go? What questions as investors should we ask when it comes to blockchain technology companies? Without a doubt creating a penny stock watchlist can help with answering these questions. Given what we’ve just discussed, do you think blockchain penny stocks have a place in your future?

The Incredible Growth Of The Fast-Moving Music Industry

If there is one industry that is arguably just as much affected as the travel industry by the ongoing pandemic, it is conventional music and entertainment. Yet streaming channels have mainly seen spikes in Q1 and Q2 user activity, due to the fact that so many people were confined to home entertainment during the pandemic. […]

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May
5, 2021

6 min read

This story originally appeared on ValueWalk

If there is one industry that is arguably just as much affected as the travel industry by the ongoing pandemic, it is conventional music and entertainment. Yet streaming channels have mainly seen spikes in Q1 and Q2 user activity, due to the fact that so many people were confined to home entertainment during the pandemic.

Q1 2021 hedge fund letters, conferences and more
There are 7 shares in particular that thrived during the pandemic, as they all aligned with the efforts of artists to keep the music industry alive:

Apple (NASDAQ:AAPL)
Dolby Laboratories (NYSE:DLB)
Sirius XM (NASDAQ:SIRI)
Sonos (NASDAQ:SONO)
Sony (NYSE:SNE)
Spotify (NYSE:SPOT)
Warner Music (NASDAQ:WMG)

The Democratization Of The Music Industry
Today it is true and exciting that a special breed of philanthropists are looking to help unsung heroes to get discovered and help exploited artists to obtain a better deal. It is the democratization of the music industry that many of us seek to drive forward, now enabled by some amazing digital channels. There are also those who possess the acquired skill of generic industry research – who make calculated moves in either music management or related investment. Then, there are the courageous, independent artists who will stop at nothing to succeed. What can the industry learn from both groups?

As an investor in rising talent and consultant to many who seek to explore philanthropic opportunities across the broader entertainment industry, I believe considering long-term sustainability, paths to success and general industry advice from insiders is key to being successful. This, coupled with industry data can empower artists not be left behind in this rather dynamic sector.
To find reliable insights and perspectives on revenue channels, I turned to someone deeply embedded in the entertainment industry who deals with both of these groups. Michael Stemley (CPA) works with big names like R&B Legend Teddy Riley, philanthropists and their analysts, as well as rising talent. According to Stemley: “A solid multi-channel distribution plan typically includes Spotify, iTunes (Apple Music) and Amazon – which is the biggest incubator for rising talent and revenue diversification strategy for established artists”. The reason is because the former may lack an ample fanbase or the resources to appear in gigs, with many being solo-artists with less resources despite the fact that they are highly talented. In the case of the latter group: established artists see this more as a form of diversification and a way of omni-channel branding. Stemley noted that “Big names who did not diversify, clearly saw a huge dip in revenue during the 2020 COVID-19 pandemic, although as you can imagine most of them were quite capable of sustaining themselves given their fame and deals with record labels. This ensured that they retained continuity in revenue from their more conventional channels”.
Fragmented Opportunities
Yet smart, talented artists can have more up their sleeves to hack their way into fame or simply build a solid fan base on the web. Considering a recent music industry report by Statistica, accountants and strategists can easily deduce the following: Albeit that the combined market share of the abovementioned channels above represents an estimated 69% of the overall online streaming industry, there is a longtail of other streaming channels. These also have incredibly loyal users representing the remaining powerful 31% of users, spread across Tencent, Youtube and “others”.
One might ask: how many artists and their managers are even unaware of these fragmented opportunities? For a firm grasp on the type of advice there is out there for artists who are fiercely independent, I turned to a familiar U.S. organization in Michigan which already assisted more than 250 000 startups. They are manned by a team of 40 researchers and are strong advocates for “Women in business”. The Really Useful Information Company (TRUiC) says that it’s future guidance on the business of music and entertainment management will draw on increasingly interesting parallels between ecosystems. Their CEO, Dr. Nagabhushanam “Bobby” Peddi, says that “Insights, simplicity and spotting entry gaps in the market dominate in any digital business. Inasmuch as we’ve advised startups between 2015 and 2020, to exploit the undervalued opportunity represented by Bing, with it’s mere 12% market share in the U.S., we now tip entertainment startups to hone in on the undervalued streaming channels where they would face less competition to rise to the top”.
The picture that unfolds here is that the industry arguably has a two-speed system in place with a fusion between conventional and fast-moving digital channels. On the one hand, rising artists with little resources, are tapping an entire range of digital channels to fire up their music brands. They build strength and support through a longtail of channels, which can serve as their springboard to the real world of live gigs if they so wish. On the other hand, established brands have record agreements, live performances and concerts – and are often only tapping the top digital channels, omitting the effort to work with smaller ones.
Relying Solely On Advertising Revenue
What then about payment models that rely solely on advertising revenue? The conventional mindset could easily assume that elite artists may feel cheapened by the idea that on some channels they have to live with a share of advertising revenue as opposed to actual sales. Yet Stemley points out: “Just look at Post Malone who was nominated for the Webby awards this year: His biggest hit exceeded 600 million views and 8.8 million likes on Youtube. It is unlikely that his overwhelming fanbase in all corners of the globe would have discovered him so quickly if he was unwilling to agree to an alternative revenue channel like this”.
However fragmented, most channels play a valuable role to artists and their fans. Vanity metrics associated with the handful of top channels in the world and even the charts, are no longer exclusive indicators of future potential. It seems that equipping rising talent with valuable knowledge about market entry is one way of continuing the democratization of talent as we celebrate their continued rise. Healthy competition is a consequence of diverse digital entertainment channels.

Carvana Shares are Stalling Out… But Maybe Not for Long

May
5, 2021

4 min read

This story originally appeared on MarketBeat

Carvana (NYSE: CVNA), an e-commerce platform for buying and selling used cars, is set to report its first-quarter earnings tomorrow after the bell. CVNA shares have been stuck in neutral since the turn of the calendar – rising interest rates appear to be the culprit.
In case you aren’t aware, higher interest rates hurt high-flying growth stocks disproportionately because most of their cash flows are projected to come far into the future.
But if Carvana reaches its full potential as a company, higher interest rates – assuming nothing crazy happens in the bond market – won’t be able to hold the stock back.
A look at Carvana’s recent performance gives us a sense of the company’s long-term potential. But at the same time, it shows where Carvana has some work to do.
Carvana’s Sales Exceeded Expectations in Q4, But Earnings Missed
In the fourth quarter, Carvana generated $1.83 billion in revenue, up 65% yoy and above consensus estimates of $1.6 billion. Earnings were a different story, with Carvana’s 87 cents per share loss even worse than Wall Street’s expectation for a 47 cents per share loss.
That strong revenue growth combined with an earnings-per-share loss was no anomaly. For full-year 2020, Carvana grew revenue 42% yoy to $5.59 billion, but lost $2.63 a share.
You’d love to see better earnings, but Carvana is moving in the right direction. 2020 was the seventh straight year of EBITDA margin improvement for Carvana. Management expects to extend that streak to eight years in 2020.
Carvana’s rising gross profit per unit (GPU) is largely responsible for the improving EBITDA margin. In 2020, the used car platform also increased GPU for the seventh consecutive year. And it’s not like Carvana’s GPU is inching higher; it has increased $400 or more for each of those seven years and currently stands at more than $3,000.
If Carvana hopes to continue improving its margins, it will need to buy a large percentage of its inventory direct from customers. By doing that, Carvana is able to get cars for a lower price than at auction, where the company is forced to bid against a number of interested buyers.
Top-line growth is another path to profitability, since fixed costs are spread out as more units are sold. Carvana, it turns out, is likely to experience a lot of top-line growth moving forward.
 Carvana Has Potential… Serious Potential
 There were 38.4 million used vehicle sales in 2020, down 6% yoy. Carvana sold 244,111 vehicles to retail buyers in 2020, up 37%. That means that Carvana handled just one out of every 157 used car transactions.
Buying a used car through a vending machine isn’t for everyone, but you can bet that millions of people are unhappy with the traditional used car buying process. Who likes getting pressured by pushy used car salesmen or spending hours scrolling through Craigslist?
Yes, there are other alternatives, but Carvana may be the most convenient. And they are all over the place. Carvana recently announced that it would offer as-soon-as-next-day touchless home delivery to Ogden, Utah residents. Ogden is becoming the 279th city to get that delivery service.It’s impossible to say just how big Carvana will get. But if the company eventually handles one out of every ten used car transactions – which seems pretty reasonable – its sales would rise more than tenfold from here.
How Should You Play Carvana?
Carvana is trading at 5.6x forward sales and the company is not expected to turn a profit in 2021. But the magnitude of Carvana’s opportunity makes shares a good long-term risk-reward.
But is now the time to get in?
To answer that, let’s first turn our attention to the chart.
On April 26, Carvana broke above $290 a share on high volume. Over the previous six weeks, shares had been rangebound between around $240 and $290. In the six sessions since the breakout, CVNA shares have pulled back to the 50-day moving average on light volume, culminating in a reversal on high volume yesterday.

While shares still face resistance in the $310 to $320 range, Carvana looks primed for a rally towards those levels – from a purely technical standpoint. But with earnings set to be released tomorrow, it may be best to sit on the sidelines. If Carvana beats expectations, and shares eclipse the recent highs, you can consider getting in. And if that doesn’t happen, then nothing lost.Featured Article: What is the 52-week high/low?

MACOM Tech Stock is a 5G Rollout and Integration Semiconductor Play

Wireless semiconductor solutions company MACOM Technology Solutions (NASDAQ: MTSI) stock has peaked with the rest of the chip stocks after near parabolic ascent off pandemic lows.

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May
5, 2021

4 min read

This story originally appeared on MarketBeat

Wireless semiconductor solutions company MACOM Technology Solutions (NASDAQ: MTSI) stock has peaked with the rest of the chip stocks after near parabolic ascent off pandemic lows. The maker of radio frequency (RF) chips still has strong tailwinds on the horizon with broad 5G rollout and integration, strong defense contracts combined with the chip shortage. A new product cycle aimed at 5G and data center will also scale more top-line growth in the coming quarters as the Company prepares for the International Microwave Symposium in June 2021. As chip stocks undergo profit-taking downdrafts, prudent investors can be rewarded for their patience with opportunistic pullbacks to consider slowly scaling into positions.Q2 FY 2021 Earnings Release
On April 29, 2021, MACOM released its fiscal second-quarter 2021 results for the quarter ending March 2021. The Company reported an earnings-per-share (EPS) profit of $0.51 excluding non-recurring items beating consensus analyst estimates of $0.47, by $0.04. Revenues rose 19.1% year-over-year (YoY) to $150.6 million beating analyst estimates of $150 million. GAAP Gross margins were 55.9% versus 50.1% in the same year-ago period. GAAP operating income was $19 million versus a loss of (-$5.3 million) in the same year-ago period.
Raised Q3 EPS Guidance
The Company raised Q3 fiscal 2021 EPS guidance to $0.52 to $0.56 versus $0.48 consensus analyst estimates. Revenues are expected to come in between $150 million to $154 million versus $151.22 analyst estimates. Adjust gross margins are expected between 58% to 60%.
Conference Call Takeaways
MACOM CEO Steve Daly elaborated on a breakthrough, “Over the past 18 months, our device and process engineers have been collaborating to produce the industry’s highest voltage silicon capacitors. The team has achieved industry-leading 1800 volt standoff performance, which opens up new markets and new opportunities for MACOM. This new process utilize several, one-of-a-kind proprietary MACOM technologies and it builds upon our unique knowledge in creating deep trench via structures in very conductive silicon substrates. Our breakthrough here was to successfully develop high-quality dielectric material that can withstand extremely high voltages and then combine it with our proprietary processes to maximize voltage performance. Capacitors are ubiquitous in electronic systems. Our business strategy is to target non-commodity systems where customers will pay a premium for a semiconductor solution with superior stability, reliability, chip-scale size and high voltage operation. This includes radar systems, medical systems, automotive, renewable energy and various industry applications.” CEO Daily expects this innovation add at least $100 million in sales.
International Microwave Symposium
The Company plans to attend the IMS in Atlanta, GA, in June 2021. They will be providing a number of virtual demonstrations of their technology in three categories high-performance discretes, RF power and millimeter-wave. The discrete component demos will include the Company’s KV CAP product used in simulated medical applications and military applications. The RF power will showcase 3 kilowatt power level from a single device and Gallium Nitride (GaN) showcasing high-efficiency performance between 3.1 and 3.5 gigahertz using a 100 watt power amplifier. They will also demonstrate a 5G massive multiple-input multiple-output transmitters and receivers (MIMO) GaN solution 400 megahertz, 110 watt Doherty amplifier performance in a digital pre-distortion (DPD) system. The 2 millimeter wave demo includes a 5G 28 gigahertz transceiver front-end module combined with KA band mimic power amplifiers to create of 10 watts of power. The Company also plans to showcase its new 50G reference for 5G wireless mid-haul applications. The demos should provide a catalyst for shares in June, enabling prudent investors enough time to patiently await opportunistic pullbacks ahead of time.

MTSI Opportunistic Pullback Levels
Using the rifle charts on the monthly and weekly time frames provides a broader view of the playing field for MTSI shares. The monthly rifle chart uptrend formed a market structure high (MSH) sell trigger on a breakdown below $55.02. The monthly 5-period moving average (MA) has stalled at $58.18 as the monthly stochastic peaked off the 90-band crossing down. The weekly rifle chart formed a downtrend with a falling 5-period MA resistance at $59.17 as the stochastic mini inverse pup continues it oscillation lower with lower Bollinger Bands (BBs) at $49.19. The daily market structure low (MSL) triggers on a breakout above $58.50 forming after the last peak off the $63.45 Fibonacci (fib) level. Prudent investors can watch for opportunistic pullback levels at the $51.38 fib, $47.66 fib, $44.86 fib, $40.55 fib, and the $38.72 fib. The upside trajectories range from the $71.98 fib up towards the $85.68 price level. Featured Article: What does an inverted yield curve signify?

4 Sporting Goods Companies With Strong Price Movements

May
5, 2021

4 min read

This story originally appeared on MarketBeat

Americans’ enjoyment of the great outdoors was obvious during the pandemic, with stocks of companies like Pool Corp (NASDAQ: POOL),  MarineMax (NYSE: HZO),  Academy Sports & Outdoor (NASDAQ: ASO) and Big Five Sporting Goods (NASDAQ: BGFV) notching price gains and growing their earnings. Companies in the business of sporting goods and other outdoor leisure activities look poised to continue their growth this year. 
Pool Corp operates 398 pool equipment and supply stores in North and South America, and Europe, with more locations in the works. 
The stock gapped up 2.21% on April 22, following its last earnings report, which trounced estimates on the top- and bottom lines. Shares are up 21.02% over the past three months, and are trading near $427, just off Monday’s all-time high of $431.47. 
One potential headwind is a looming shortage of chlorine tablets for pools, due to a fire in a Louisiana facility that produces the tablets, as well as a pandemic-closure-driven shortage of plastic buckets to hold the tablets. 
The company addressed this challenge by saying it would have to raise prices. Analysts expect a 47% year-over-year earnings increase for 2021.  
Marine Max operates 77 retail stores in 21 states, selling new and used recreational boats, fishing boats and yachts. On Monday, the company said it acquired KCS International, known as Cruiser Yachts.
The deal allows Cruisers to more than double its capacity over time, and ensures that MarineMax will have a premium, American-built yacht as part of its product line. 
The stock gapped up 5.83% on April 26 after the company’s quarterly report, which topped both earnings and revenue estimates. 
The stock has been forming a cup-shaped base since March 22, when it pulled back from a session high of $63.99. As of now, that’s the buy point, but it’s possible the cup could form a handle, which could offer a lower buy point. 
Academy Sports & Outdoor is a newly public company, having made its debut in September, just in time to run up along with the broader market, and to benefit from the continued interest in sports and outdoor activities.
The Texas-based company operates 295 stores in 16 states, mainly in the south. The company is aggressively planning for expansion. Analysts expect continued profitability, despite that goal, but earnings are expected to decline by 32% this year, to $2.87 per share. It’s perfectly normal to see a decline in earnings, or even a loss, as companies put their money into expansion, instead of focusing on profitability. 
The stock is currently consolidating below its April 6 high of $33.74. It’s holding above its 50-day moving average. Notably, the stock does not yet have a 200-day trading history, so there is not yet a 200-day line as a gauge of institutional support. 
Academy boasts a year-to-date price gain of 50.41%. 
The stock is a small cap, so it trades in a somewhat volatile fashion, not unusual for a young, small stock. 
Big 5 Sporting Goods operates 430 athletic apparel, exercise equipment and outdoor gear stores in 11 states. 
This is a very small company, with a market cap of just $409 million, which means investors and traders must be cognizant of liquidity concerns. A stock this small is not widely held by institutional investors, who generally have more rigorous trading rules than retail investors. That lack of institutional ownership can result in volatility and wide intraday price swings. 
In fact, this stock does have a beta of 1.79, indicating a relatively high degree of volatility. 
The company reported first quarter results after the close on Tuesday. Same-store sales increased 31.8% in the quarter, contributing to sales of $272.8 million, up from $217.7 million a year ago. 
Earnings came in at $0.96 per share, up from a loss of $0.22 per share a year ago, the first quarter that was impacted by pandemic lockdowns. 
The company noted it’s carrying zero debt, and that it increased its quarterly cash dividend to by 20% to $0.18 per share, and declared a special cash dividend of $1.00 per share. 
The stock has been trading at its best levels since 2016, trending above its 10-day moving average. Featured Article: What are the most popular ETFs

VIDEO: Liliana Ibáñez, the fastest swimmer in the history of Mexico

This Olympic swimmer has a master’s degree in urban development from the University of Texas and is a delegate for the Y20 Youth Summit. Join us to get to know her!

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May
5, 2021

3 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Opinions expressed by Entrepreneur contributors are their own.

Liliana Ibáñez is an Olympic swimmer , the fastest in the history of Mexico in the 100 free meters. She has a master’s degree in urban development from the University of Texas and is a Y20 Youth Summit delegate. This Guanajuato swimmer is one of the most outstanding athletes that Mexico has. In October 2020 he had to stop his preparation for the Olympics due to an operation on his right knee. However, Liliana is ready to wait for the meeting in Tokyo, which will be her third Olympic participation after London 2012 and Rio 2016. Originally from Celaya, Liliana was the top medalist for Mexico at the Barranquilla 2018 Central American Games, where she won five gold medals, one silver and three bronze. However, Liliana knows that in the pool, as in life, a stroke makes a difference and that constant preparation, even when you have an injury, is key to success. Entrepreneur Masters , -the section where we will bring you talks, classes and lessons with key players from various industries and high-impact executives that you can follow from our official Facebook , LinkedIn andYouTube channels -,   conducted talks with the Women who Inspire Mexico . These entrepreneurs, athletes and leaders will share with us their experiences in their industries, the obstacles they have overcome and how they have made their way. We spoke with Liliana to learn how an Olympic champion managed to physically and mentally succeed despite hardships. Phrases of the fastest swimmer in Mexico Image: Liliana Ibáñez via Instagram During her talk, Liliana Ibáñez gave us the following phrases to inspire you: 1. Overcoming Obstacles “Obstacles are part of my life. The more I hear success stories, the more I understand that they are part of the journey.” 2. On the road to success “Success is not a straight line from where you are to where you want to go. It is a set of swings, ups and downs, full of losses and frustrations followed by success if you try hard enough.” 3. About motivation “If I gave you a summary of my career, you would say ‘How do you keep swimming?’ My best successes have come after my worst failures. ” 4. About mentoring and experience “You have to surround yourself with people who know. If you can, surround yourself with people who have already achieved it, much better, because you are going to make a lot less mistakes if your whole team was new.” 5. On perseverance “I don’t know how to give up. You will never regret not giving up.”

5 Things You Need to Know Before Investing in a Chick-fil-A Franchise

Right now, Chick-fil-A has focused its growth opportunities to 28 states: Arizona, California (especially L.A. County, Orange County, San Diego County and San Francisco Bay) Colorado, Connecticut, Florida (especially South East Florida), Georgia, Illinois, Iowa, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New York (especially Long Island and New York City), North Dakota, Oregon, Pennsylvania, Rhode Island, Texas, Utah, Washington and Wisconsin.

This is a wide-ranging list, so unless you live in Alaska or Hawaii, it’s likely that there could be opportunities near you. You can learn more about potential locations either by applying or by attending an operator event.

Related: 5 Affordable Franchises You Can Start for Less Than $10,000


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