Stonks: Intel AI, $HPE play, $ASTS upside, $FSLY hype

Author

Michael Luo
May 31, 2024

Here’s the latest “under the radar” stock news from Reddit in the last 24 hours that you don’t want to miss, as picked by Fluid Bot’s AI.

the reason intel is undervalued AF now 

  • Reddit sentiment: Mixed. (lower potential for explosive growth, recent Intel offerings have impressive performance)

  • $INTC is a buy now because they are about to make a comeback in the AI market with their gaudi3 chip.

  • Pat Gelsinger, an engineer and former chief architect in intel, is now CEO starting from 2021

  • Cheap options for calls in 2 years, currently a P/E is great

  • Current position is $14k in stocks and $600 in september 40 and 50 calls, considering loading more of those 2 years cheap options.

The next play: Bullish on HPE earnings 

  • Reddit sentiment: Positive (Positive outlook on HPE based on their performance in server)

  • HPE is undervalued in the server market

  • Potential for HPE to participate in AI rally

  • Positive marketing messaging around AI

  • Cheap shares and calls

  • Holding 200 $20c for 6/7 and 200 $20c for 9/20 position

Still Upside to ASTS 

  • Reddit sentiment: Positive (enthusiasm and optimism for ASTS, anticipation for a squeeze)

  • ASTS (AST SpaceMobile) has seen a 150% run-up in stock price

  • Commercial contracts with Verizon and AT&T suggest strong growth potential

  • Potential for more deals with Mobile Network Operators in other countries

  • Analyst price targets from Deutsche Bank and B. Riley

  • Possibility of government funding from FirstNet

  • Some short sellers may be underwater, potential for a short squeeze

  • Not purely a meme stock like other WSB favorites

FSLY - Undervalued and Underhyped Cloud BEAST 

  • Reddit sentiment: Positive (Growth potential and positive outlook on management)

  • Fastly (FSLY) stock dropped after last quarter’s earnings report

  • Company reported positive operating cash flow, 14% YoY revenue growth

  • Fastly provides CDN, WAF, and compute services

  • Earnings beat expectations, yet stock price decreased

  • Fastly valued like it's going out of business despite assets

  • Fastly positioned for growth in CDN usage

  • Stock is valued at a discount, potential for gains

  • The poster owns July and September call options on FSLY

Nelson Peltz sells entire Disney stake weeks after losing proxy battle 

  • Reddit sentiment: Mixed (criticized for producing mediocre content)

  • Nelson Peltz has sold his entire stake in Disney

  • Trian Partners lost a proxy battle at Disney in early April

  • Peltz had taken issue with Disney governance, focusing on streaming strategy and CEO succession plan

  • Peltz sold all of his Disney stock at roughly $120 a share, making about $1 billion on the position

  • Disney's stock is currently trading for about $100 per share

UiPath shares tank 30% after company announces CEO shakeup 

  • Reddit sentiment: Mixed (Opportunity for positive change with new CEO, Negative opinion of UiPath software)

  • UiPath shares dropped more than 30% after announcing CEO Rob Enslin's resignation

  • Co-founder Daniel Dines will take over as CEO

  • Enslin joined UiPath from Google Cloud and could not bring success to the company

  • UiPath's stock has struggled under Enslin's sole leadership

  • Company's revenue grew in the first quarter, beating estimates, but full-year revenue guidance was lowered

  • The stock is down almost 76% from its May 2021 IPO

  • Dines founded UiPath in 2005 with Marius Tirca, focusing on automation software