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Razer's Blade 15 Base drops to $1,100 at Amazon for today only

Jon Fingas
·Associate Editor
·1 min read

Eager to get Razer gaming laptop without the usual premium prices? Amazon is happy to oblige. The retailer is selling a 2020 version of the Blade 15 Base for $1,100 today (February 21st) only, a whopping $500 off its original price. The outlay gets you a still very respectable 2.6GHz Core i7 processor, 16GB of RAM, GeForce GTX 1660 Ti graphics, a 256GB SSD and a 144Hz 1080p display.

Buy Blade 15 Base at Amazon - $1,100

While this won't have all the perks of the Blade 15 Advanced, this Base spec should be enough to handle many modern games at solid frame rates. You won't always find a 144Hz panel at prices like this, we'd add. Toss in modern connectivity like WiFi 6 and Thunderbolt 3 and it's a good deal if you're into Razer's aesthetic or just want balanced performance.

This particular spec has its limits. You won't get ray tracing with the GTX 1660 Ti, and that 256GB of space won't hold more than a few modern games at best — an external SSD could be a must-have if this will be your full-time gaming PC. And of course, this won't satisfy you if you're jonesing for AMD Ryzen-based portables like ASUS' ROG Zephyrus G series. For $1,100, though, Razer's system should be powerful enough for occasional gaming or simply a productivity machine with a little more power than usual.

Follow @EngadgetDeals on Twitter for the latest tech deals and buying advice.

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For this year, estimates are 69 cents a share. Full year estimates for 2022 are 77 cents. In 2023, that’s expected to grow to 95 cents a share. Yamana Gold (AUY) Chart by TradingView Yamana Gold is a gold and silver miner and producer. It has land positions throughout the Americas. It has holdings in Canada, Brazil, Chile and Argentina. As you can see on the chart above, AUY stock dropped back below the $5 level last month. That puts it back into penny stock territory. For fiscal 2020, the company reported earnings of 24 cents a share. The company is expected to grow over the coming years. Annual estimates for this year are 38 cents a share and 36 cents per share for fiscal 2022. 7 Overvalued Stocks Investors Just Don’t Get Tired Of Five Wall Street firms follow Yamana and they all believe that the shares are undervalued. All five have buy ratings on AUY, with an average target price of $7.25, more than 50% higher than where it currently trades. Ambev (ABEV) Chart by TradingView Ambev S.A. produces and sells beer and carbonated soft drinks throughout the Americas. Even in the worst times, people still buy alcoholic beverages and this has benefited Ambev, which has been able to remain profitable over the past four quarters. In the fiscal quarter ended December 2019 it reported earnings of 7 cents a share. In the March 2020 quarter, that was 2 cents. The next two quarters were the ones that ended in June and September 2020. The company earned 1 and then 3 cents, respectively. For the full year 2020, analysts predict Ambev will earn 10 cents a share. This year that will increase to 13 cents. 14 research firms follow the company. The average rating is a hold. However, the average target price is about $3.50, more than 20% higher than where shares are currently trading. Catalyst Pharmaceuticals (CPRX) Chart by TradingView Catalyst Pharmaceuticals is a biopharmaceutical company. It focuses on developing and commercializing therapies for people with rare neuromuscular and neurological diseases. Its customers are based in the United States. In the quarter that ended in September 2020, the company reported earnings of 11 cents a share. In the June 2020 quarter it was 9 cents a share. Estimates for full year 2020 earnings are around 39 cents a share for Catalyst. This year, it is estimated that the company will earn about the same amount, around 39 cents. But in 2022, that’s expected to grow to 46 cents a share. 7 Overvalued Stocks Investors Just Don’t Get Tired Of The Wall Street firms that follow Catalyst and provide research think the stock is undervalued. All five of the firms have it rated “strong buy” with an average target price of $7.25, 75% higher than where it is currently trading. W&T Offshore (WTI) Chart by TradingView W&T Offshore is an independent oil and natural gas producer. It acquires, explores and develops oil and natural gas properties in the Gulf of Mexico. Last year, many companies in this industry lost money. WTI too, reported a loss of 26 cents a share. This was because oil prices had fallen significantly from the prior years levels around $67 a barrel. But now the oil markets are soaring. The price of a barrel of oil was $36 in early November. Since then it has gained more than 65%. It is currently trading around $60 a barrel. Wall Street thinks that these higher prices will return the company to profitability. WTI is expected to be about breakeven this year. Estimates are for one cent in earnings per share. But at the end of 2022, analysts predict it will report 25 cents a share in annual earnings. At the time of this publication, Mark Putrino did not have any positions (either directly or indirectly) in any of the aforementioned securities. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now. #1 Play to Profit from Biden's Presidency The post 7 Penny Stock Companies That Actually Make Money appeared first on InvestorPlace.

  • Michael Burry's Top 5 Holdings: Pfizer, CitiGroup, Kraft Heinz, More

    On Tuesday, Feb. 16, the SEC released filings from many high-profile investors such as Warren Buffett, Cathie Wood and Michael Burry. Burry, of "The Big Short" fame, had GameStop as his biggest holding in June when the stock was at only $4. He reportedly sold his shares before the stock skyrocketed all the way up to more than $300 per share. Here are Burry’s top five holdings by dollar amount according to the most recent filing. No. 5: DistributionNOW, $10,770,000 In Common Stock NOW Inc (NYSE: DNOW) is an energy company located in Houston, Texas. Demand for energy in Texas will certainly be a catalyst, so this move should be interesting to watch. No. 4: Lumen Technologies, $11,213,000 In Common Stock Lumen Technologies Inc (NYSE: LUMN), parent company of CenturyLink, offers communication technology such as WiFi and cloud services. Burry is betting here that COVID-19 restrictions will keep people working from home. No. 3: Kraft Heinz Co., $20,439,000 In Call Options (Notional Value) Burry bought $204,390 in call options on Kraft Heinz Co (NASDAQ: KHC) that could be worth more than $20 million if executed. Kraft Heinz Company is of course a staple consumer goods company in the United States, producing hundreds of household products. The call options indicate that Burry is very bullish in the short term. No. 2: Pfizer $31,079,000 in Call Options (Notional Value) Burry purchased more than $300,000 in Pfizer Inc. (NYSE: PFE) call options. Burry is hoping that the Pfizer vaccine proves to be the most effective out of the bunch. If he’s right, this move could really pay off. No. 1, Michael Burry’s Biggest Position: CitiGroup, $33,272,000 in Call Options (Notional Value) In what might be a surprise to some investors, Burry’s biggest position in the most recent filing was Citigroup Inc (NYSE: C). Burry bought more than $330,000 in call options on the investment firm. CitiGroup’s stock hasn’t moved much throughout the last six months, but Burry is betting it will with these $33 million in call options. Photo by Norbert Nagel via Wikimedia. See more from BenzingaClick here for options trades from BenzingaKubient Is Using Advanced Cloud Technology To Innovate Digital Advertising by Eliminating FraudTexas Hit By Freezing Cold, Enacts Rolling Blackouts© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Lucid Motors Is Said to Near Deal to Go Public via Klein’s SPAC

    (Bloomberg) -- Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early next week, according to people familiar with the matter.The combined entity will be valued at as much as $15 billion, the people said, asking not to be identified because the matter is private.The special purpose acquisition company has been in talks to raise between $1 billion and $1.5 billion in funding from institutional investors to support the transaction, the people added. The valuation and the amount of additional funding could still change based on investor demand.A deal for the electric vehicle maker could be announced on Tuesday, two of the people said. The talks are ongoing but could still fall apart.Klein, a former Citigroup Inc. rainmaker, will use Churchill Capital Corp IV, his largest SPAC that has raised more than $2 billion, for the transaction, the people said. Lucid is backed by Saudi Arabia’s sovereign wealth fund.A representative for Lucid Motors declined to comment. A representative for Klein couldn’t immediately be reached for comment.Churchill Capital Corp IV has surged more than fivefold since Bloomberg News first reported on the talks last month.Reuters reported last week that a deal could be reached as early as this month.Klein has played a prominent role in guiding the kingdom’s investments, serving as an adviser to its Public Investment Fund. Among other deals, he advised on the Saudi Aramco initial public offering.Several electric vehicle makers have done deals with SPACs as startups seek to bulk up and raise cash to compete with industry leader Tesla Inc. Lucid would be one of the most established electric vehicle companies to take this route.Lucid would also be one of the largest SPAC deals to be announced since the rush started, likely beaten only by United Wholesale Mortgage LLC’s merger with Gores Holdings IV Inc., which was valued at around $16 billion.SPAC ParadeSPACs have also drawn a slew of prominent investors. Michael Dell, activist investor Paul Singer, Facebook Inc. co-founder Eduardo Saverin and former Xerox Corp. chief Ursula Burns all joined the blank-check parade on Friday, with at least 13 of these companies filing for U.S. IPOs to raise more than $4.5 billion.SPACs have come to dominate IPOs this year, accounting for 63% of the almost $77 billion raised on U.S. exchanges, according to data compiled by Bloomberg. Including Friday’s newcomers, 146 SPACs that have filed since Jan. 1 are waiting for IPOs to add $40 billion to that total, the data show.Dell, Singer, Facebook Co-Founder Latest to Join SPAC BandwagonLucid targets the luxury end of the market and its chief executive officer, Peter Rawlinson, was previously Tesla’s chief engineer on the Model S sedan. Saudi Arabia’s sovereign wealth fund has invested more than $1 billion in the company.The company was founded in 2007 under the name Atieva and spent years being more focused on battery technology than pursuing development of a luxury car. It pivoted in 2016, changed its name to Lucid, and began work on what would become its main model, the Air.Lucid plans to start deliveries of a $169,000 electric sedan to U.S. customers in the second quarter. The Air EV, which the company says can do more than 500 miles on a single charge, will be built at a factory in Arizona. It plans to offer more affordable versions of the Air from 2022 and later will build a battery-electric SUV.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • These Are The Best Robinhood Stocks To Buy Or Watch Now

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  • Churchill Capital IV: A Sweetheart Deal in the Making?

    Churchill Capital IV (NYSE:CCIV), an electric vehicle SPAC (special purpose acquisition company) is reportedly (according to CNBC) very close to inking a deal with private luxury sedan electric vehicle (EV) maker Lucid Motors. CCIV stock has now spiked to $60 (as of Feb. 19), up over 218% in the past month. Source: Shutterstock The problem now for investors is whether the PIPE (private investment in public equity) investors will get the standard $10 entry point for their investments in the SPAC. This would make no sense for shareholders of CCIV to allow this, since many of them don’t get this opportunity. PIPE Investors’ Sweetheart Deal For example, let’s assume that the PIPE offering is for a guaranteed amount of $300 million at $10 per share. This is typical of most SPAC deals. This complements the total amount of money, including that from the CCIV SPAC.InvestorPlace - Stock Market News, Stock Advice & Trading Tips However, as the merger closes, the PIPE investors have an automatic gain of 5.5 times their money. At the close, they purchase shares at $10 per share that are immediately worth $55. This, in effect, turns out to be a sweetheart deal for the PIPE investors. 7 Overvalued Stocks Investors Just Don’t Get Tired Of SPAC investors in Churchill Capital IV are likely to balk at approving this boldfaced transfer of wealth from them to the PIPE investors. A more sane approach would be to force the PIPE investors to pay a price at a specified discount to the current market price. For example, this could be a 10% or 20% discount. Another approach would be to eliminate the PIPE portion completely and announce a secondary offering once the deal is closed. This would give SPAC investors a larger stake in the final Lucid Motors deal. The dilution from the secondary offering would be much lower, since the offering would be done at a market price. This is exactly what happened with the recent Tilman Fertita SPAC deal (Landcadia Holdings II) with Golden Nugget Online Gaming (NASDAQ:GNOG). The deal closed on Dec. 30 without any PIPE deal. As a result, the SPAC investors ended up with a 46% stake in the combined company. This is much higher than the typical 20% to 25% stake SPAC investors get with PIPE deals. The company is now free to do a secondary offering if it wants at a much higher price than the typical $10 SPAC PIPE deal. What to Do With CCIV Stock There is simply no doubt that this is the single most speculative SPAC stock ever. It has no definitive deal to merge. It does not even have a letter of intent (LOI) that is non-binding, at least as far as the market knows. As one author put it, “the rumor better be true.” However, on Feb. 16, Reuters came out with a story that a deal is likely nearing completion, as the SPAC sponsor Churchill Capital is now seeking financing. The market value was said to be at $12 billion. However, if that is based on a $10 price, then the real valuation will be 5.5 times that amount today. The deal was said to have a $1 billion PIPE deal offering. However, this could increase to as much as $1.5 billion. I suspect, however, that if the PIPE deal comes out at a pricing of $10 per share, many SPAC investors in CCIV might object. The reason is that many, if not most, of the investors in CCIV stock do not have a $10 entry price. Therefore, even though the Churchill Capital SPAC will likely contribute its shares in the reverse merger at an effective price of $10 per share, most of the SPAC owners do not have that cost structure. This is what might make the PIPE deal at $10 seem unfair to them. If enough CCIV stock owners balk at approving the deal, we could see the deal terms change. In fact, the PIPE financing terms become more competitive and less dilutive for both Lucid Motors owners and the SPAC owners. On the date of publication, Mark R. Hake does not hold a long or short position in any stock or security mentioned in this article. Mark Hake writes about personal finance on mrhake.medium.com and runs the Total Yield Value Guide which you can review here. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now. #1 Play to Profit from Biden's Presidency The post Churchill Capital IV: A Sweetheart Deal in the Making? appeared first on InvestorPlace.

  • Bitcoin and ethereum prices 'seem high,' says Musk

    The chief executive of Tesla Inc, whose recent tweets have fueled the digital-currency rally, made the remark on Twitter while replying to a user who said that gold was better than both bitcoin and conventional cash. Musk, who earlier in the week remarked that he found the prospect of holding bitcoin adventurous for an S&P 500 company, said in a tweet: "Money is just data that allows us to avoid the inconvenience of barter ..." Bitcoin, the world's most popular cryptocurrency, hit a fresh high in Asian trading on Saturday, extending a two-month rally a day after the digital currency's market capitalization exceeded $1 trillion.

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  • I’m Bullish on Crypto, But Not on Marathon Patent Stock

    As the price of Bitcoin (CCC:BTC-USD) continues to climb, so does the price of Marathon Patent (NASDAQ:MARA) stock. The patent troll-turned-crypto miner has seen its shares soar more than 20-fold since November. But is this sustainable for MARA stock? Source: Shutterstock These gains have far outpaced even Bitcoin’s impressive run during the same period. As I wrote previously, this is understandable. With the costs of cryptocurrency mining largely fixed, a rise in the price of Bitcoin will produce an outsized increase in profits for the miner. That’s assuming Marathon already has a substantial crypto mining operation. However, it doesn’t. Take a look at its financial results, and you’ll see the company has generated just $1.5 million in sales over the past 12 months.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Compare that to Marathon Patent’s current market capitalization (around $4.2 billion), and it’s clear things have gotten out of hand. Even with the proceeds of last month’s $250 million registered direct offering, and the company’s Bitcoin mining projections (more below), there’s no guarantee it’ll produce the results needed to justify today’s valuation. With this uncertainty in mind, it makes little sense to buy in at today’s prices (around $45 per share). MARA Stock: Perception Versus Reality With the surging interest in crypto prices, scores of small companies have looked to exploit the situation. It’s similar to what we saw a few years back, during the last “Bitcoin boom.” Companies with no prior interest in the space suddenly started calling themselves “cryptocurrency companies.” 7 Overvalued Stocks Investors Just Don’t Get Tired Of With stocks trading on major exchanges more accessible than Bitcoin itself, this hoodwinks many investors. And, with many buying on the headlines, instead of on fundamentals, shares in these high-flyers can reach unsustainable levels. That’s what it’s starting to look like with this situation. Admittedly, unlike some of the other Bitcoin coattail riders out there, this early stage miner at least has laid out projections that (in theory) could justify its current stock price. As seen from a Feb. 1 press release, Marathon has implied it’ll soon be highly profitable, once it deploys all of its mining hardware. If it can put all of its machines into operation, the company could produce up to 60 bitcoins per day. At current prices ($50,000 per BTC), that means $3 million per day in revenue. With its operating costs at around $4,500 per Bitcoin mined, that could mean $2.73 million per day in gross profit. On an annual basis, that’s near $1 billion in gross profit. To some, numbers like this could help justify the company’s current $4 billion valuation. Yet, mining Bitcoin is far from being a “set it and forget” type of operation. It may sound like all Marathon Patent has to do is plug in its hardware, and wait for the money to roll in. But, there’s no such thing as a free lunch. This aspiring miner will have to overcome substantial hurdles if it wants to live up to expectations. Why This Aspiring Miner Could Fall Flat on Its Face Based on the current price of BTC, it could be generating $1 billion per year, once it fully deploys its mining hardware. However, the aforementioned press release makes mining for crypto sound easier than it is in practice. Namely, it downplays the possible negative impact from what’s known as the “difficulty rate.” What’s that? It’s a measurement of the computing power it takes to mine a Bitcoin block. Over time, difficulty rates have continued to rise. As of late, this rate of difficulty has slowed down. This may give credence to this company’s ambitious projections. Yet, don’t expect a slowing difficulty rate to last for long, given new hardware will soon come online. How could this hurt Marathon Patent? If the “difficulty rate” rises substantially, it’ll mine far less Bitcoin than previously projected. The stock is priced as if its operations will go off without a hitch. But, if hiccups arise, shares have substantial room to fall. Bull Case Remains for Crypto—Just Not for Marathon Patent To be clear, I’ve long been, and will continue to be, one of the biggest crypto bulls out there. But, the bull cases for crypto, and this stock, are not one and the same. While on the surface it may seem current trends support higher prices for Marathon Patent, unfortunately that’s not the case. On paper it claims it could eventually produce 60 bitcoins per day. After expenses, that would mean nearly $1 billion per year in gross profits. Yet, like I said above, mining for crypto is much more difficult in practice. With a high chance of this aspiring miner falling flat on its face, continue to avoid MARA stock. On the date of publication, Matt McCall held a position in Bitcoin. The InvestorPlace Research Staff member primarily responsible for this article held a position in Bitcoin. Matthew McCall left Wall Street to actually help investors — by getting them into the world’s biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now. #1 Play to Profit from Biden's Presidency The post I’m Bullish on Crypto, But Not on Marathon Patent Stock appeared first on InvestorPlace.

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