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This list of potential positions covers Macroaxis daily picks. Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Home Depot (HD)
The company has Return on Asset (ROA) of 0.1772 % which means that for every $100 of assets, it generated a profit of $0.1772. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1162 %, which means that it produced $0.1162 on every 100 dollars invested by current stockholders. Home Depot's management efficiency ratios could be used to measure how well Home Depot manages its routine affairs as well as how well it operates its assets and liabilities. As of April 24, 2024, Return On Tangible Assets is expected to decline to 0.20. In addition to that, Return On Capital Employed is expected to decline to 0.39. At present, Home Depot's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1.8 B, whereas Net Tangible Assets are projected to grow to (5 B). This firm currently falls under 'Mega-Cap' category with a market capitalization of 330.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Home Depot's market, we take the total number of its shares issued and multiply it by Home Depot's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Home Depot retains a regular Real Value of $351.51 per share. The prevalent price of the firm is $333.01. Our model calculates the value of Home Depot from evaluating the firm fundamentals such as Current Valuation of 385.3 B, return on equity of 0.12, and Return On Asset of 0.18 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage purchasing undervalued assets and exiting overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Devon Energy (DVN)
The company has Return on Asset of 0.1271 % which means that on every $100 spent on assets, it made $0.1271 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3217 %, implying that it generated $0.3217 on every 100 dollars invested. Devon Energy's management efficiency ratios could be used to measure how well Devon Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to 0.16. Also, Return On Capital Employed is likely to grow to 0.23. At this time, Devon Energy's Non Currrent Assets Other are very stable compared to the past year. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to 0.16, while Total Assets are likely to drop about 20.2 B. This firm currently falls under 'Large-Cap' category with a total capitalization of 33.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Devon Energy's market, we take the total number of its shares issued and multiply it by Devon Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
The company has Return on Asset of 0.1373 % which means that on every $100 spent on assets, it made $0.1373 of profit. This is way below average. McDonalds' management efficiency ratios could be used to measure how well McDonalds manages its routine affairs as well as how well it operates its assets and liabilities. As of April 24, 2024, Return On Tangible Assets is expected to decline to 0.09. In addition to that, Return On Capital Employed is expected to decline to 0.15. At present, McDonalds' Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 10.5 B, whereas Non Current Assets Total are forecasted to decline to about 25.5 B. This firm currently falls under 'Mega-Cap' category with a total capitalization of 199.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate McDonalds's market, we take the total number of its shares issued and multiply it by McDonalds's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. McDonalds secures a last-minute Real Value of $257.5 per share. The latest price of the firm is $276.75. Our model forecasts the value of McDonalds from reviewing the firm fundamentals such as return on asset of 0.14, and Operating Margin of 0.44 % as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors recommend purchasing undervalued stocks and exiting overvalued stocks since, at some point in time, asset prices and their ongoing real values will merge together.
OReilly Automotive (ORLY)
The company has return on total asset (ROA) of 0.1504 % which means that it generated a profit of $0.1504 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.5864 %, meaning that it created $0.5864 on every $100 dollars invested by stockholders. OReilly Automotive's management efficiency ratios could be used to measure how well OReilly Automotive manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.48 in 2024, whereas Return On Tangible Assets are likely to drop 0.1 in 2024. At this time, OReilly Automotive's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 9.5 B in 2024, whereas Intangible Assets are likely to drop slightly above 47.3 M in 2024. This firm currently falls under 'Large-Cap' category with a current market capitalization of 64.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate OReilly Automotive's market, we take the total number of its shares issued and multiply it by OReilly Automotive's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
Macroaxis Gross Profit
Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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Home Depot (HD)
The company has Return on Asset (ROA) of 0.1772 % which means that for every $100 of assets, it generated a profit of $0.1772. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1162 %, which means that it produced $0.1162 on every 100 dollars invested by current stockholders. Home Depot's management efficiency ratios could be used to measure how well Home Depot manages its routine affairs as well as how well it operates its assets and liabilities. As of April 24, 2024, Return On Tangible Assets is expected to decline to 0.20. In addition to that, Return On Capital Employed is expected to decline to 0.39. At present, Home Depot's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1.8 B, whereas Net Tangible Assets are projected to grow to (5 B). This firm currently falls under 'Mega-Cap' category with a market capitalization of 330.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Home Depot's market, we take the total number of its shares issued and multiply it by Home Depot's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Home Depot retains a regular Real Value of $351.51 per share. The prevalent price of the firm is $333.01. Our model calculates the value of Home Depot from evaluating the firm fundamentals such as Current Valuation of 385.3 B, return on equity of 0.12, and Return On Asset of 0.18 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage purchasing undervalued assets and exiting overvalued assets since, at some point, asset prices and their ongoing real values will come together.
Devon Energy (DVN)
The company has Return on Asset of 0.1271 % which means that on every $100 spent on assets, it made $0.1271 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3217 %, implying that it generated $0.3217 on every 100 dollars invested. Devon Energy's management efficiency ratios could be used to measure how well Devon Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to 0.16. Also, Return On Capital Employed is likely to grow to 0.23. At this time, Devon Energy's Non Currrent Assets Other are very stable compared to the past year. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to 0.16, while Total Assets are likely to drop about 20.2 B. This firm currently falls under 'Large-Cap' category with a total capitalization of 33.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Devon Energy's market, we take the total number of its shares issued and multiply it by Devon Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
The company has Return on Asset of 0.1373 % which means that on every $100 spent on assets, it made $0.1373 of profit. This is way below average. McDonalds' management efficiency ratios could be used to measure how well McDonalds manages its routine affairs as well as how well it operates its assets and liabilities. As of April 24, 2024, Return On Tangible Assets is expected to decline to 0.09. In addition to that, Return On Capital Employed is expected to decline to 0.15. At present, McDonalds' Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 10.5 B, whereas Non Current Assets Total are forecasted to decline to about 25.5 B. This firm currently falls under 'Mega-Cap' category with a total capitalization of 199.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate McDonalds's market, we take the total number of its shares issued and multiply it by McDonalds's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be overvalued. McDonalds secures a last-minute Real Value of $257.5 per share. The latest price of the firm is $276.75. Our model forecasts the value of McDonalds from reviewing the firm fundamentals such as return on asset of 0.14, and Operating Margin of 0.44 % as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors recommend purchasing undervalued stocks and exiting overvalued stocks since, at some point in time, asset prices and their ongoing real values will merge together.
OReilly Automotive (ORLY)
The company has return on total asset (ROA) of 0.1504 % which means that it generated a profit of $0.1504 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.5864 %, meaning that it created $0.5864 on every $100 dollars invested by stockholders. OReilly Automotive's management efficiency ratios could be used to measure how well OReilly Automotive manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.48 in 2024, whereas Return On Tangible Assets are likely to drop 0.1 in 2024. At this time, OReilly Automotive's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 9.5 B in 2024, whereas Intangible Assets are likely to drop slightly above 47.3 M in 2024. This firm currently falls under 'Large-Cap' category with a current market capitalization of 64.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate OReilly Automotive's market, we take the total number of its shares issued and multiply it by OReilly Automotive's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile
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