Morning Watchlist

    Company Buys Back $6bn of its Own Stock - 2/27

    Ian Cooper
    Thursday, February 27, 20253 min read
    Company Buys Back $6bn of its Own Stock - 2/27

    Always keep an eye on stock buybacks.

    Most of them increase shareholder value by reducing the total number of outstanding shares, which then increases the value of a stock. Essentially, it’s a company’s way of reinvesting in itself and rewarding shareholders.

    Company:

    This growing NASDAQ-traded lithium firm looks positioned to capitalize as lithium makes an explosive comeback.

    Many analysts are BULLISH, and multibillion dollar industrial conglomerates have invested $30 million in this company as an emerging lithium explorer that has the LARGEST exploration portfolio for lithium and other battery minerals in Brazil!

    Company:

    Dycom Industries (SYM: DY), which provides specialty contracting services, just announced a $150 million share buyback plan. Even better, shares of DY have become technically oversold at support dating back to December. It’s also over-extended on RSI, MACD and Williams’ %R. from its last traded price of $171.94, we’d like to see DY initially retest $203.

    Recent earnings were also solid. EPS of $2.68 beat estimates by 37 cents. Revenue of $1.27 billion, up 11.4% year over year, beat by $50 million.

    Mode Mobile

    Big Data gold rush: $PLTR passes $250B. $MODE prepares

    mode

    Palantir just rocketed to $250 billion by helping companies extract value from user data.

    The big data gold rush is here, but the company that stands to profit the most may not be Palantir…

    A new disruption to smartphones gives users a share in the data profits, already facilitating +$325M in earnings and generating +$60M in revenue.

    Behind this profit-sharing data model is Mode Mobile’s EarnPhone, a device that simply pays users for the day-to-day activities they are already doing.

    Company:

    Advertising and tech company, Taboola.com (SYM: TBLA) announced a $240 million buyback program. The company also posted EPS of 10 cents, which missed by a penny. Revenue of $491 million, up 17% year over year, beat by $14.18 million.

    Found this helpful? Share it with others.

    Written by Ian Cooper

    Our Flagship Publication

    Discover Great Companies Trading at a Discount

    Join Behind the Markets