5 Stocks Crashing Today!

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Well holy smokes guys we have five stocks making some big downward moves here today okay these five stocks are crashing here today all making around 10 percent or bigger moves in the market on a downward note okay so i want to draw your guys attention these five stocks i think it’s always interesting to look at some stocks that are crashing at a particular time

Because sometimes you can find some diamonds in a rough maybe a stock got hit way too hard maybe you can go ahead and take advantage of the opportunity buy on a big dip and then make a lot of money over coming months or coming years and so i think it’s always good to kind of pay attention to what stocks are dropping huge because like i said sometimes you can

Find sometimes than a rough guys so let me know if any of these five stocks you guys like we have some value plays in here we have some stock that actually have some really big growth that are following huge today so let me know if you guys liked any of these five stocks i would love to hear from you in the comments section and make sure you smash the thumbs up

Button if you enjoy me sharing this with you guys here today okay let’s start getting into this so the first one up here is united steel corporation okay this one is the least downward mover of these five which is saying a lot okay this one’s down about nine point four four percent today ticker symbol is x on this one and us steel is pretty self-explanatory it’s

A steel company okay now us steel shares tumbled today as the giant steel maker b wall street second quarter earnings and revenue expectations but saw profit dwindle from a year earlier the pittsburgh based company reported earnings of 68 million dollars or 39 cents a share but that’s down from 214 million dollars or a dollar 20 a share okay so needless to say

Like there’s still profitable company they still make good money this past quarter like 68 million is in something to light sneeze at but that’s a big big downward move from 214 million okay adjusted earnings came in at 78 million or 45 cents a share compared with 262 million or $1 46 to share a year earlier analysts were expecting the company to report about

40 cents so that is a slight beat they’re about 5 cents a share sales totaled 3.5 billion dollars down from 3.6 billion a year ago who basically what that shows any time you see a company’s revenue just slightly decrease or stay around break-even but their profit like gets cut in half or more than cut in half in this situation their profits don’t like seventy

Percent maybe even eighty percent year-over-year right when you see a situation like that that’s actually like the worse situation for a company cuz that means they’re there doing all this effort but they’re just not making the money on the bottom line in this situation guys as far as what did the ceo have to say he said our execution the second quarter was strong

Despite a challenging market conditions you overcame logistics headwinds from severe weather and delivered for our customers exceeding even our own expectations we also completed several asset revitalization outages across a flat rolled footprint on-time and on-budget including upgrades to our mon valley steel shop we expect these investments to enhance operating

Performance and reliability to provide high quality low cost liquid steel for our future of endless casting and rolling investment okay if you look at us steel once again take their symbol x you see a company that has one of the lowest trailing p’s you’ll ever see in the stock market okay a two point three a two point three trailing p anytime you get under a ten

That’s considered really low anytime you get under a five it’s like what the heck that’s ridiculous when you see a two point three it’s like like like it’s hard to even fathom a two point three trailing p okay but you look at that four p and it’s about a fourteen which is pretty high for actually a steel maker commodity company like a us deal so this talk is very

Interesting if you want to play like a commodity type play it as a commodity related company you know i’ve learned over time that commodity stocks are not the best fit for me personally however you might feel comfortable in a company like a us deal that’s a commodity producer and there’s always a good saying with like commodity related companies okay i’ll always

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Remember this saying and they always say the best time to buy a commodity related business is when the forward p seems super high okay and the worst time to buy a commodity related business is when the forward piece seems super low okay always remember that when it comes to these commodity related companies all right next one up here stock two of the five that is

Crashing here today is a company name our recent networks okay ticker symbol a net alright this stock is down over $31 a share right now the stock is down about eleven and a half percent or easton networks develops markets and sells cloud networking solutions in the americas europe middle east africa and asia pacific if you want to go ahead and read more about

The company go ahead and pause the video right now and go ahead and read more in depth about this company okay the company report its second quarter net income of one hundred eighty nine million or $2 and thirty three cents a share compared with a loss of one hundred and fifty five million or two dollars and eight cents a share in the year earlier period adjusted

Earnings came in at 244 revenue rose to 608 million from 519 million that’s very very nice growth when a lot of companies are not showing growth right now i mean if you just look at what most companies have reported a lot of companies are not showing much growth and this company has grown phenomenally bottom line in top-line ulis surveyed by factset had forecast

Earnings up to 20 okay so it means the company beat and revenue loss 607 million so company’s slightly beat on revenue as well arista networks expects third quarter revenue of six hundred forty seven million to six hundred and fifty seven million while analysts had forecast for about six hundred and fifty so essentially midpoint for the companies around 650 to

653 somewhere around there so that’s slightly above what als are expecting so everything looks pretty good okay on the call chief financial officer eda brennan said we experienced some softness in demand from our cloud customers in the second quarter while early indications are for improved demand for these customers in a september period we believe that second

Half growth in this business will remain somewhat muted as compared to prior years and then is definitely something that went ahead and scared the market uh so if you’re looking for a reason why the stock is down big today comments like that around softness in a big business like that it’s gonna scare a lot of investors base and especially when it’s a company that

You know it’s a decently high valuation are okay we look at the trailing pa-28 look at the 4p it’s about 23 so it’s not like it’s a super like cheap stock or something like that so when you hear some commentary that’s a little worrisome like that it’s gonna scare some of the investor base okay however i will say this business has very nice growth if you look at

Current year they’re expected to grow revenues by about 19% just under 19% and next year they’re expected to grow revenues by another eighteen and a half percent so needless to say although the company has a bit of a rich valuation it’s not super rich when you compare it to the fact that this company is expected to grow 18 plus percent at least over the next two

Years so that’s a very interesting stock it’s not the best industry for someone like myself i like more consumer facing companies and this is obviously a company that does more business in the enterprise and whatnot so definitely not one of my favorite companies personally but it’s very very intriguing okay let’s get into stock three of the five that is crashing

In this one’s called united natural foods ticker symbol u and f i this one is down almost 14 percent here today okay thirteen point eight one percent as of taking a screen shot united natural foods at the end of the day is basically a distribution company of food-related products and and specifically when you’re talking about organic products with especially food

Products and some of those sorts of things think about you know doing business with some of the companies like whole foods and whatnot that might sell a lot of organic groceries they’re a big distribution company when it comes to those types of products okay now this stock is down big today because of what an analyst feels about it essentially okay turns negative

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The analyst team halves the price on united natural food stock to $5 a share okay and that’s when the average sell side price targets around $10.50 they also slapped it underperform on the stock so basically that analyst and the analyst team there but they believe their stocks is gonna go considerably lower that’s just an $8 stock right now they believe it’s going

To five and that’s gonna scare some investors out there they’re gonna flood out of that stock you know we’ve seen this time and time again these analysts do hold power in the words they will get investor base is really excited or get them really scared at a particular time and if they’ll be right on that but needless to say their words come out the stocks down 14%

Okay now if we look at this stock it seems like it might be a deal right did a food distribution company seems like a pretty safe business model forward pea under five on this particular stock and so as of right now you’re kind of looking at this company but you’re thinking what’s the catch here there’s got to be a catch we talked about this in the becoming master

The stock market has got to be a catch right it’s it’s like too good to be true in this situation right and then you go ahead and look at this balance sheet and all my goodness whoa nelly look at this balance sheet guys only thirty seven million dollars in cash in almost three million dollars in long-term debt oh my goodness guys that is one of the worst balance

Sheets in the entire stock market 37 million dollars in cash and three billion dollars in long-term debt on that balance sheet and you can see why some investors are not willing to buy those shares even if they’re down 14% today and even if they’re a distribution company for organic products and specialty foods and things like that people are just looking at that

And they’re like why do i want to get involved with the balance sheet like that guys you know it is what it is okay stock number four of the five that is rashing here today is how it’s hard for me to even talk about this stock in this channel as you guys know it’s called go broke excuse me go pro okay gpro this stock is down fourteen point four one percent and yes

You guys know every time we ever talk about this stock on this channel we must do a moment of silent well i think we got a little off topic there guys but i’m like when we have to talk about gopro on this channel and it makes my brain go a little crazy okay co pro posted a net loss of 11 million dollars or 8 cents a share compared with a loss of 76 million or 55

Cents a share in the year ago period so that is obviously a big improvement year over year after adjusting for stock based compensation other factors action camera maker reported a profit of 3 cents a share after a loss of 15 cents a share in a year prior period okay now gopro did see a 3 percent rise in revenue to 292 million dollars from 283 million dollars but

That fell short of expectations as analysts had been bottling for about 302 million dollars on the top line the company said that revenue would have gone up 9 percent excluding the impact from the aerial business as of meeting their failed drone business okay which gopro exited in 2018 no gopro okay you know action camera maker a business that is more focused a

Business that is doing better than some previous years when it comes to how much money they’re losing or making on the bottom line but at the same time is this really even the stock anybody wants to be involved what if we look at next year the companies may be expected to grow like 1 percent okay you just say that’s not much growth and you kind of got to think about

It like what are the best stocks you could possibly put your money in the stock market if you’re looking at gopro does a business model have anything exciting going for it right now it really doesn’t at least as of right now and 1 percent of growth expected next year it’s like is that even worth like like like investing in at that point i’m you know the forward

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P/e on this one is under 10 so that makes it somewhat attractive but at the same time and the business model has no growth like why do why would we even want to be in that stock at the end of the day ok that’s stock number 4 of 5 that is crashing here today and the last one is a big one ok square stock ticker symbol sq is making a massive downward move here today

Over 15% square stock is down here today ok now even after this drops we’re still a big big company i came market cap of over twenty nine billion dollars on this company is not some small market tablet you used to be a few years ago almost a thirty billion dollar market cap forward p of over sixty one on this business so obviously rich valuation needless to say on

Square stock and square if you guys didn’t know basically makes those payment terminals and all those sorts of things that you might go to your local coffee shop or somewhere like that and you run your transactions through also i used to even use it for my business sometimes on a real estate marketing business if i want to charge somebody directly through my phone

Or something and swipe their card so they have a ton of like small and mid-sized businesses even a few large businesses that actually use their payment terminals and they also in an app called the cash app which is a app that’s just massive scale which you can transfer money and whatnot to folks out there all right now if we go ahead and look at this company it is

A company that did 47 cents of eps a year ago their respect to do 76 cents of eps in this most recent year so that is a big big improvement there and then if you look at next year they expected to do a dollar 12 so remember we looked at that for p it was like a 61 well sometimes some of these stocks that have really big growth can command a higher forward p okay

If we look at revenue current year this company is expected to grow revenues over 43 percent okay that’s wrong strong growth there and next year the company is expected to grow revenues by about 34 35 % so good good growth behind square stocks and you can see why a lot of growth investors like this stock when you’re seeing revenues up 40-plus percent year-over-year

And a potential you know 30 plus percent gain again next year that’s going to excite a lot of the growth investors okay however once again the stock is plunging on heavy volume today alright no the company did announce they are gonna sell their caviar business which is basically a food delivery business it does business with a lot of the higher-end restaurants and

This was a money losing business for them they’re gonna sell that business for four hundred and ten million dollars in cash to door – okay now as far as the company’s earnings that came out last night basically they did beat on earnings in revenue but they missed on gross peyman volume okay but they provided a third quarter adjusted profit guidance range that was

Also below analyst expectations and when you have a gross stock that has a really rich valuation if you have any type of hiccups there it scares some investors out of that stock and that’s how you get a stock like this moving down 15 plus percent when you have that rich valuation on it and you have all the hype behind you you’ve got a smash numbers and if you just

Slightly beat numbers or you even miss some metrics you’re gonna get a big stock crash and that’s why the stock is down over 15% here today guys so anyways let me know if you like any of these stocks in the comment section i would love to hear from you guys as always by the way we’ve got a 70% off flash sale going on and becoming master the stock markers as link

Down there in the description if this weekend you want to go ahead and take advantage of that and learn everything i look for in stocks and how to become a successful investor definitely check out that and take advantage of the deal if the link is in the description thank you for watching and have a great day

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5 Stocks Crashing Today! By Financial Education

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