Fox theatre, different leisure venues set to open this summer season

The reopening comes when COVID rates drop and a fluctuating entertainment industry tries to make up for lost deals

ATLANTA – Updated guidelines from Centers for Disease Control and Prevention are in line with local concert venues. As COVID-19 prices fallThe entertainment industry is set to make a big comeback this summer.

The Fox Theater is slated to reopen for the first time since the July pandemic, followed by a five-week run by Hamilton. President and CEO Allan Vella said this is the second Broadway show to reopen in North America since the lockdown.

There will be new products at Fox, such as: B. mobile ticketing and concession orders, new metal detectors and a new air filter system. Masks are needed at the Fox Theater until further notice, Vella said.

“I think we have learned to be more nimble and prepare for this post-pandemic world and serve our customers even better than ever before,” Vella said.

CONNECTED: Broadway musicals and theater shows return to the Fox Theater in Atlanta

The pandemic forced the Fox Theater and other entertainment venues to close over a year. With no public ticketing events allowed, the venue had to postpone hundreds of events and reimburse millions of dollars in ticket sales. Vella estimated the losses at up to $ 70 million.

The fox took leave or laid off most of his employees and introduced wage cuts. Vella said a “rainy day” savings fund prevented the theater from closing while it was closed. He said smaller and independent venues weren’t so lucky.

“They may not have the resources to rely on to help bridge a significant time like this,” Vella said. “If these smaller venues close and become inaccessible when the tour is re-lit, it will be a problem for all of us. So it was in everyone’s best interests to see the entire industry come back. “

CONNECTED: Georgia is reporting a 7-day average of new COVID cases below 500 for the first time since April 1, 2020

Shuttered locations can leverage the small business administration’s $ 16 billion Federal grant pool. Vella said the fox applied for federal funding to recoup labor costs, capital expenditures and future operations.

Vella promised the Fox would not raise ticket prices, though he warned that pent-up demand could of course raise resale ticket prices.

The venues are preparing for the opening as Vaccinations are more common in Georgia.

Cobb Energy Center Johnny Gill planned for June 5th.
Chastain Park Cadence Bank Amphitheater Anthony Hamilton has planned for July 3rd.
Lakewood Cellairis Amphitheater planned the Kings of Leon for August 7th.
Gwinnett Infinite Energy Center Banda MS has planned for June 12th.

Proposed youth leisure district slated for KC Parks Board consideration | FOX four Kansas Metropolis WDAF-TV

KANSAS CITY, MO – The Kansas City Board of Parks and Recreation Commissioners will hear a proposal to build a youth entertainment district on Tuesday.

Pat Clarke is the man behind the proposal. Clarke has basketball courts in Oak Park near 44th and in Benton where the signs say “Pat Clarke Park”.

“Obviously if you go to other parts of the city they have a lot more, so it would be more fun. I think it would be better if we had a lot more down here, ”said 17-year-old Carl Thompson while playing basketball with friends on Friday.

The Independence Center is extending the youth curfew to seven days a week after the shooting in the parking lot

Teenagers in town often flock to the Country Club Plaza or Independence Center for some rest. Everyone has had to either impose curfews or bans in an attempt to stop the fighting and other acts of violence that sometimes follow.

“There is nothing to do in the plaza except go shopping. So if you are down there and not shopping you are hanging out and most likely causing problems, ”said DaNearle Clarke.

But just a few miles east of Brush Creek are several acres of Kansas City Parks Department between the streets of Elmwood and Cleveland. Clarke plans to lease the land and build an entertainment center with a bowling alley, ice rink and skate park, amusement arcade and amphitheater.

“Our children race up and down (Highway) 71, drive donuts in the middle of intersections, cause chaos and shoot people. This place will cut into all of that. You give these kids something to do and reduce crime, ”said Clarke.

‘Overlooked’: Why Are There No More Franchise Restaurants in Downtown Kansas City?

He thinks if you give the teenagers a place where they feel wanted and have something to do, they are not going to cause the same problems.

The center would likely cost $ 2 million or more to build, but he has a unique plan to pay for it.

“If the Plaza wants their money back, give us some money. If Independence (Center) mall doesn’t want our kids out there, give us some money. Wherever our children are not wanted, we want to work with them, ”said Clarke.

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A Primer on Items and Enterprise Leisure | Thomas Fox

If one pondered the provision of gifts and business entertainment to foreign government officials, it would be reasonable to conclude that after 40 years of FCPA, companies would be able to comply with their regulations regarding gifts and business entertainment. However, there have been some notable FCPA enforcement actions in this area.

The 2020 FCPA Resource Guide clarified that the FCPA does not prohibit gifts and entertainment. In fact, it has been said, “A small gift, or a token of appreciation or gratitude, is often an appropriate way for business people to show respect for one another. Some signs of appropriate gift giving are when the gift is given openly and transparently, properly recorded in the giver’s books and records, provided only for appreciation or gratitude, and permitted under local law. Face value items such as taxi rides, reasonable meals and entertainment, or company promotional items are unlikely to inappropriately affect an officer and are therefore not readily items to lead to enforcement actions by the DOJ or SEC. “

What does the FCPA say? While the FCPA prohibits the payment of money or valuables to foreign officials in order to get or keep business, it does allow the same officials to incur certain costs. There is no de minimis provision. Presenting a gift or business entertainment expense may constitute a breach of the FCPA when it is done with the corrupt intent of getting or keeping business. Under the FCPA, 15 USC Section 78dd-1 (c) (2) (A) – (B), the following affirmative defense exists in relation to the payment of expenses:

[it] should be an affirmative defense [that] The payment, gift, offer, or promise of any item of value that was made was a fair and bona fide expense, such as an expense. B. Travel and accommodation expenses incurred by a foreign official, party, party official or candidate or on behalf of a foreign official in direct connection with … the promotion, demonstration or explanation of products or services; or … the execution or performance of a contract with a foreign government or agency thereof.

As with most matters within the FCPA, there is little direct evidence of what behavior may go beyond the limit set out above. Of course, there’s always the gut test, which simply measures, “If it feels wrong in your gut, it’s probably wrong.” It is a good thing to keep this in mind under all circumstances.

Opinions published. Somewhat surprising is that there have been no current DOJ opinion releases in the last 10 years addressing the values ​​for gifts and business entertainment under the FCPA. However, there are three opinion releases from the early 1980s that can provide some pointers to current practitioners.

in the Comment Release 82-01The DOJ approved the donation of cheese samples to Mexican government officials by the Missouri State Department of Agriculture to promote the state of Missouri’s agricultural products. However, the value of the cheese to be submitted was not included in the opinion. in the Comment Release 81-02The DOJ approved a gift of its packaged beef products from Iowa Beef Packers, Inc. to officials at the Soviet Department of Foreign Affairs. The total value of all samples presented was estimated to be less than $ 2,000, and Iowa Beef Packers, Inc. stated that individual sample packages would not exceed $ 250 in value.

The final opinion on gifts is this Comment Release 81-01. In this press release, Bechtel Group Inc. (Bechtel) applied for permission to use the SGV Group (SGV), a multinational organization headquartered in the Republic of the Philippines, made up of separate member companies in ten Asian countries and Saudi Arabia, the Carry out tests. Business consulting, project management and tax advice. The SGV wanted to ask for business on behalf of Bechtel, who had proposed reimbursing the SGV for the gift costs incurred in this business promotion. Regarding the reimbursement of gift costs by Bechtel to SGV, the DOJ stated:

Expenses for gifts or material items of any kind that are incurred without the prior written consent of Bechtel will only be reimbursed if such expenses are permitted under local law. The ceremonial value of the object exceeds its intrinsic value. The cost of the gift will not exceed $ 500 per person and the cost is in accordance with legitimate and generally accepted local custom for such expenses by private businessmen in the country.

Gifts and Business Entertainment Policies and Procedures. Based on the FCPA language and relevant opinion releases, and considering inflation over the past 30 years, it seems reasonable for a company to be able to provide gifts up to a value of $ 500. The following are the guidelines that the submissions would suggest for inclusion in a compliance guideline for gifts to government officials:

  • The gift should be given as a token of appreciation, courtesy, or in return for hospitality.
  • The gift should have a face value, but in no case more than $ 500.
  • No cash gifts.
  • The gift is permitted under both local law and employer / government agency guidelines.
  • The gift should be of a value that is customary in the country in question and appropriate for the occasion.
  • The gift should be for official rather than personal use.
  • The gift should showcase the company’s products or include the company logo.
  • The gift should be presented openly and completely transparently.
  • The cost of the gift should be properly recorded in the company’s books and records.

Business entertainment by government officials. Based on the FCPA language (there are no comments on this point) there is no threshold at which a company can set a value for business entertainment. However, I believe there are clear guidelines that should be included in your corporate spending policy that should include:

  • There must be a fair balance for real business entertainment during an official business trip.
  • All business upkeep costs must be reasonable.
  • The cost of business maintenance must be permitted under (1) local laws and (2) customer guidelines.
  • Business maintenance costs must be in accordance with local custom and practice.
  • Business entertainment costs must avoid the appearance of inappropriateness.
  • Business maintenance costs must be supported by appropriate records and properly recorded in the company’s books and records.

Including these concepts in a compliance policy is a good first step in preventing potential violations from occurring. However, it must be emphasized that this is only a first step. There must be procedures in place to implement these guidelines. At a minimum, you must obtain a business justification from the company representative in order to provide the gift or business entertainment. Next, it should be reviewed and approved by a frontline compliance expert. Depending on the volume and type of request, a CCO approval may then be required. Finally, if there is a COC, it should go to this committee for a final review to make sure everything is in order.

These guidelines must be accompanied by active training of all employees, not only on a company’s compliance policies, but also on the corporate and individual consequences that may arise if the FCPA violates gifts and business entertainment becomes. Finally, it is imperative that all such gifts and business conversations are properly recorded, as required by the book and record component of the FCPA.

And as always, don’t forget the bowel test.

[View source.]

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ADL: Fox ought to hearth Carlson for white-supremacist rhetoric | Leisure



FILE – Tucker Carlson, host of Tucker Carlson Tonight, is posing for a photo in a Fox News Channel studio in New York this Thursday, March 2, 2107. The Anti-Defamation League has called on Fox News to sack prime-time opinion host Tucker Carlson for defending a white supremacist theory that people of color will “replace” whites. In a letter to Suzanne Scott, CEO of Fox News, on Friday April 9, 2021, ADL head Jonathan Greenblatt said Carlson’s “rhetoric isn’t just a dog whistle for racists – it’s a megaphone.”


Richard Drew

By TALI ARBEL AP Technology Writer

The Anti-Defamation League has called on Fox News to sack prime-time opinion host Tucker Carlson for defending a white supremacist theory that people of color will “replace” whites.

In a letter to Suzanne Scott, CEO of Fox News, ADL head Jonathan Greenblatt said Friday Carlson’s “rhetoric isn’t just a dog whistle for racists – it’s a megaphone.”

The civil rights group listed numerous instances Carlson used a language against immigrants. This includes immigration making the US “poorer and dirtier” and calling into question whether white supremacy is real. Greenblatt said, “Given his long history with pedigree bait, we believe it’s time for Carlson to go.”

The white nationalist “great substitute theory,” also known as “white genocide,” states that colored people are substituting for white people by immigrating to the western world, according to the Southern Poverty Law Center. Some white supremacists also say Jews and progressive politicians are driving this change, the civil rights group says.

The “theory” is a “classic white supremacist force,” read the letter, which indicates that it has been linked to and during one of mass shootings in the US and New Zealand deadly right-wing extremist protest in Charlottesville, Virginia in 2017.

Fox Company Assertion on Authorized Dispute with Flutter Leisure Regarding FOX’s Proper to Purchase an 18.6% Fairness Curiosity in FanDuel

NEW YORK–() – Fox Corporation (Nasdaq: FOXA, FOX) today released the following response to media reports regarding its litigation with Flutter Entertainment plc (“Flutter”):

Fox Corporation has filed a lawsuit against Flutter to enforce its rights to acquire an 18.6% stake in FanDuel Group – an American sports betting brand – at the same price that Flutter paid for that stake in December 2020. The lawsuit was previously filed as arbitration by JAMS in New York, NY with the consent of the parties.

About Fox Corporation

Fox Corporation produces and distributes compelling news, sports and entertainment content through its well-known brands including FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations. These brands have cultural significance for consumers and commercial significance for retailers and advertisers. The breadth and depth of our presence enables us to deliver content that engages and informs audiences, build deeper customer relationships, and create more compelling product offerings. FOX can look back on an impressive track record in the news, sports and entertainment industries, which shapes our strategy of leveraging existing strengths and investing in new initiatives. For more information about Fox Corporation, visit www.FoxCorporation.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may”, “will”, “should”, “likely”, “anticipate”, “expect”. “Intentions,” “plans,” “projects,” “beliefs,” “estimates,” “prospects” and similar expressions are used to identify these forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to uncertainties and changes in circumstances. Actual results may differ materially from those expressed in the statements in this press release due to changes in economic, business, competitive, technological, strategic and / or regulatory factors and other factors that affect the Company’s business, including the effects of COVID-19 and other widespread health emergencies or pandemics and measures taken to contain their spread. More detailed information about these factors can be found in the company’s filings or on file with the Securities and Exchange Commission (the “SEC”), including the company’s annual report on Form 10-K for the year ended June 30, 2020 .

Statements in this press release speak only as of the date of its publication, and the company undertakes no obligation to update or revise any forward-looking statements in this press release or to report any events or circumstances after that press release or to reflect the occurrence of unexpected events or to address such statements Adjust actual results or changes in company expectations, unless required by law.

Fox Information meteorologist Dean turns into fierce Cuomo critic | Leisure

There was no point for Dean in bringing potentially contagious patients anywhere near some of the oldest and most vulnerable populations in society.

She did not speak publicly about it at first. That all changed last May when CNN host Chris Cuomo waved a giant cotton swab to joke over his brother, the governor’s big nose.

“It was so numb,” she said. “It was disgusting.”

She shared her anger in a text exchange with boyfriend Tucker Carlson and, at his invitation, went to his show the next night to tell her story.

Last month she wrote a story for Fox News’ website titled, “Cuomo’s COVID nursing home policies stole their 60th wedding anniversary from my in-laws.”

Dean, who is the weather forecast for Fox & Friends and has been on the network since 2004, said her bosses fully supported her.

“Obviously, it’s a position that is probably a little uncomfortable for her because I’m the meteorologist and suddenly I’m in the role of a lawyer,” she said. “But at the end of the day my family was affected. And I think that’s an important role when there aren’t people who have a voice. “

For Fox’s audience, which is dominated by Conservatives tired of hearing criticism of then-President Donald Trump’s pandemic, this was a topic that raises serious questions about a politician hailed by many liberals.

Fox Information star rooted in Colorado | Arts & Leisure

One of America’s best-known conservative analysts was once Dana from Denver.

Dana Perino is a familiar face on Fox News today. She greets the morning audience every weekday as co-host of America’s Newsroom and appears again in the late afternoon as co-host of The Five.

Online, she is the name and face behind “Dana Perinos Book Club” on Fox Nation’s streaming subscription service. You may also remember her from her previous appearance, the anchor of “The Daily Briefing with Dana Perino”.

Her family was born in Wyoming and moved to Denver when they were 2 years old. She was then a student at Ponderosa High School in Parker.

Perino graduated from Colorado State University in Pueblo, reported on public affairs, and then went to Washington to work for U.S. Representative Scott McInnis of Colorado. After a few agency stops, she was hired and promoted to the White House communications office two weeks after September 11, 2001.

There, Perino was the first Republican to act as press spokeswoman for the president, and only the second for President George W. Bush to come into national consciousness. She took the job in 2007 when a former Fox News presenter Tony Snow resigned for chemotherapy a few months before his death from colon cancer.

She made this a rapidly growing career at Fox News in 2009. Perino’s connection to the network is bigger than any other show, it seems, and she seems destined to be the face of the network one day.

In 2009, then-President Barack Obama nominated Perino to the Broadcasting Board of Governors, which oversees government-sponsored non-military international broadcasting such as Radio Free Europe and Radio Free Asia.

When rioters stormed the Capitol on Jan. 6, Perino was sitting at the anchor’s desk for Fox News. She is the network’s toughest debate analyst and has broken off the President and Vice President debates last year, as well as both conventions.

We asked the questioner a few questions.

Colorado Politics: Let’s get the business out of the way. Tell me about your new projects.

Perino: On March 9, 2021, I’ll be releasing my third book, Everything Will Be Alright – Life Lessons for Young Women (from a former young woman). It has all of my best mentoring advice in one place. And while it’s aimed at women, I’ve had great feedback that the advice is good for men too. My husband says every man should read it so he knows how to support women in their lives.

And I’ve just started anchoring America’s Newsroom with Bill Hemmer on weekdays from 7 am to 9 am MST. I love it. I’m a morning person by nature so I jump out of bed and ready to go to work. Bill is a wonderful, generous, incredibly smart, and fun person to work with. It’s a dream job on top of other dream jobs I’ve kept!

CP: What was the hardest or most interesting thing about going from a frontline political figure to a media figure, or is it the same from Limbaugh to Trump?

Perino: It has been the most difficult transition for me to go from someone else’s speaker to expressing my own opinions and thoughts. It took me a long time to get used to it. Now that we’re nearing our 10th anniversary of The Five, I think I’ve finally started getting the hang of it.

CP: Tell me the best thing you know about George W. Bush that most people don’t.

Perino: President Bush is extremely funny to me. His joke is super sharp and he is a great copycat.

CP: Speaking of Trump, now that it’s over and you’ve had time to reflect, what do you think of his legacy given your unique presidential perspective?

Perino: I learned from President Bush that a president’s legacy is currently undetectable. He told me, “I read three books about George Washington last year. So if historians are still analyzing the first president, the 43rd doesn’t have to worry much.” Most contemporary analyzes of presidents change over time; Think of Abraham Lincoln, who was a very unpopular president at the time of his assassination. And today? The most popular and revered. You just don’t know what it will be right now.

CP: Fox News is seen as a cheerleader for Trump. the opinion hosts anyway. Do you think the emperor’s clothing has been adequately analyzed in this network?

Perino: It’s safe to say that there hasn’t been a media company that hasn’t been adamant about and analyzing the Trump presidency, and since it was so momentous and tumultuous in so many ways (which some people loved and others didn’t) it will be for some time to come stay. And America and time march on. We will deal with everything further (from America’s Newsroom!).

AMC Leisure, Fox, GameStop: What to Watch When the Market Opens

Here’s what we’re going to watch before the opening bell on Tuesday.

– –US stock futures wobbled before a flood of economic data.

The futures linked to the S&P 500 and the Dow Jones Industrial Average were relatively flat by both major indices closed at record highs On Monday. Contracts for the tech-focused Nasdaq-100 rose 0.3%, suggesting that the tech sector could extend its rally if the stock market opens. Read our full market report.

What’s coming?

– –Income is due from the cybersecurity company

CrowdStrike

CRWD 0.78%

and business application companies

Coupa software

COUP 1.53%

after closing.

– –Monthly retail sales For February, which is due at 8:30 a.m.CET, a slight decline is expected after growth of 5.3% in January, the largest increase in seven months. January US corporate stocks due at 10 a.m. are expected to grow 0.3% from the previous month.

Watching Market Movers

– The lights go out, the curtains go back and

AMC Entertainment

AMC 25.81%

The stock rebounds another 1% ahead of the market after jumping 26% on Monday. The cinemas in the big Los Angeles market were finally allowed to reopen on Monday after New York, the other critical market that reopened earlier this month.

A reopened AMC theater in New York on March 6, 2021.


Photo:

John Marshall Mantel / Zuma Press

– –

Fox Corp.

FOX 0.25%

B shares are among the biggest movers ahead of the Open, trading 4.2% higher. Rupert Murdoch’s TV group share price is up more than a third over the past month.

– Reddit favorite

GameStop

GME -16.77%

falls 7.5% ahead of the market after falling nearly 17% on Monday. The video game retailer’s stock is still trading more than ten times higher than it was at the beginning of 2021.

– –

SL Green Realty

SLG -1.66%

is down 0.6% on Monday after a similar fall. The real estate investment trust fell out of the S&P 500.

– An all around pretty boring morning is summed up by

Tesla

TSLA 2.05%

Hardly moving: Elon “Technoking” Musk’s electric car company fell 0.2%. But there was trading activity for Mr. Musk elsewhere: bidding for a tweet that he sold as a digital good reached $ 1 million Tuesday on an online marketplace where people can pay to own tweets. The video in the tweet shows a gold trophy adorned with Shiba Inus, a nod to Dogecoin and techno music.

– Energy companies have problems:

ConocoPhillips,

Occidental Petroleum

OXY -4.34%

and

Exxon Mobil

XOM -2.55%

are all lower after falling Monday. ConocoPhillips is off, 1.1%, Occidental is 0.9% and Exxon is 0.8%.

Market fact

The Dow Jones Industrial Average reached its 14th place Close recording from 2021 on Monday, an increase of 0.5% to 32953.

Chart of the day

Home sales hit 2006 highs just before the bubble burst, however this time mortgages are stricter The down payments are higher and a tight supply supports the prices.

Have to read since you went to bed

Cathie Wood persuades investors to stay with ARK

The tidal wave of ESG funds brings profit to Wall Street

OxyContin owner increases billing offering to $ 4.28 billion

Vanguard hits hiatus in fund ambitions in China

Tesla’s ‘Technoking’ musk joins a long line of odd job titles

– Caitlin Ostroff contributed to this article.

Copyright © 2020 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Esports Leisure Group CEO Grant Johnson to be Interviewed on Varney & Co. on Fox Enterprise on March 8

TipRanks

JPMorgan is betting on these 3 stocks; Sees over 50% upside potential

It’s time to look into the macro picture to get an idea of ​​where the markets are headed in the months ahead. That’s what a global JPMorgan research team led by Joyce Chang did. The JPM team first sees US Treasuries sold off over the past week and is increasing yields as investors react to fears of inflation. The rise in bond yields stabilized on Friday, however, and Chang’s team doesn’t believe inflation is the big Bugaboo it’s known for. Her team sees a combination of economic growth and fiscal stimulus that creates a positive cycle of consumer spending that drives more growth. You write, “Our global economic team now predicts nominal US GDP averaging 7% this year and next as targeted measures to combat COVID-19 have been successful and economic activity will not be jeopardized. Global growth will exceed 5% … “According to JPM, this means that the coming year should be good for stocks. The company believes interest rates are likely to remain low, while inflation should ease as the economy normalizes. JPM’s equity analysts have been following the strategy team looking for the stocks they see as winners over the next 12 months. Three of their most recent picks are interesting, with strong buy ratings from the analyst community and upside potential of over 50%. We used the TipRanks database to get the details on it. Let’s take a look at it. On24 (ONTF) The first JPM selection featured here is On24, the online streaming service that gives third-party providers access to scaled and personalized network events. In other words, On24 makes its streaming service available to other companies in order to set up interactive functions such as webinars, virtual events and multimedia experiences. The San Francisco-based company has a base of more than 1900 corporate users. On24 customers work online with more than 4 million professionals each month for more than 42 million hours per year. As you can imagine, On24 saw an increase in customer interest and business over the past year as virtual offices and teleworking situations increased – and the company has now used that as a basis for going public. On24 held its IPO last month and joined the NYSE on February 3rd. The opening was a success; 8.56 million shares were launched at $ 77 each, well above the original price of $ 50. However, since then stocks have beaten, down 36%. Still, JPM’s Sterling Auty believes the company is well positioned to capitalize on current trends. “We believe the COVID-19 pandemic has forever changed the face of B2B marketing and sales. It has forced companies to shift most of their sales lead generation to the digital world, where On24 is usually considered to be the best webinar / webcast provider. “The 5 star analyst wrote. “Even after the pandemic, we expect the marketing movement to be a mix of digital and personal movement that is equally important. This should drive the further roll-out of On24-like solutions, and we anticipate On24 will take a significant portion of this opportunity. “Consistent with these bullish comments, Auty launched coverage of the stock with an overweight (ie buy) rating and its target price of $ 85 suggests there is 73% upside potential over the next 12 months. (To see Auty’s track record, click here.) Sometimes a company is so solid and successful that Wall Street analysts line up right behind it – and that’s the case here. Strong Buy’s analysts’ consensus rating is unanimous, based on 8 buy-side ratings released since the stock went public a little over a month ago. The shares are currently trading at $ 49.25, and their average price target of $ 74 implies a 50% move higher from that level. (See On24’s stock analysis at TipRanks.) Plug Power, Inc. (PLUG) And when we turn to the reusable energy space, let’s take a look at a JPM selection for “green power”. Plug Power develops and manufactures hydrogen power cells, a technology with great potential as a possible replacement for conventional batteries. Hydrogen power cells have potential applications in the automotive sector, as powerhouses for old fuel cars, but also in just about any application that stores energy – home heating, portable electronics, and emergency power systems, to name a few. Over the past year, PLUG shares have seen a huge increase of over 800%. The stock received an extra boost following Joe Biden’s win in the presidential election – and its platform promises to promote “green energy”. But the stock has pulled back a lot lately, as many exaggerated growth names have done. Poor 4Q20 results also explain the recent sell-off. Plug reported a deep loss of $ 1.12 per share, far worse than the expected loss of 8 cents or the 7 cents loss reported in the year-ago quarter. In fact, PLUG never reported a positive result. This company is supported by the quality of its technology and the potential of that technology for industry adoption towards renewable energy sources – but we are not there yet, despite advances in that direction. According to JPM analyst Paul Coster, the price decline makes PLUG an attractive offer. “Given the company’s many long-term growth opportunities, we believe the stock is currently attractively priced ahead of potential positive catalysts that include additional customer acquisition on pedestals, partnerships and joint ventures that allow the company to enter new regions and end-market applications quickly and with a modest capital investment, ”said the analyst. “Currently, PLUG is a story share that appeals to both thematic investors and generalists who are interested in the growth of renewable energies and, in particular, hydrogen.” Coster’s bullish comments include an upgrade in PLUG valuation – from neutral (i.e. hold) to overweight (buy) – and a target price of $ 65, indicating a possible uptrend of 55%. (To see Coster’s track record, click here.) Plug Power is also widely supported by Coster’s colleagues. 13 current analyst evaluations are divided into 11 buys and 1 hold and sell, all of which are combined into a strong buy consensus rating. PLUG shares sell for $ 39.3 and have an average price target of $ 62.85, suggesting upside potential of 60% for a year. (See PlugRanks’ stock analysis at TipRanks.) Orchard Therapeutics, PLC (ORTX) The final JPM stock pick we’ll look at is Orchard Therapeutics, a biopharma research company focused on developing gene therapies to treat rare diseases . The company’s goal is to develop curative treatments from the genetic modification of blood stem cells – treatments that can reverse the causative factors of the target disease with a single dose. The company’s pipeline includes two drug candidates that have been approved in the EU. The first, OTL-200, is a treatment for metachromatic leukodystrophy (MLD), a severe metabolic disorder that causes loss of sensory, motor, and cognitive functions. Strimvelis, the second approved drug, is a gamma retroviral vector-based gene therapy and the first such autologous ex vivo gene therapy to be approved by the European Medicines Agency. It is a treatment for adenosine deaminase deficiency (ADA-SCID) when the patient does not have a related stem cell donor available. In addition to these two EU-approved drugs, Orchard has ten other drug candidates in various stages of the pipeline process, from pre-clinical research to early-stage studies. Another 5-star analyst with JPM, Anupam Rama, took a deep dive into Orchard and was impressed with what he saw. In his coverage of the inventory, he notes several key points: “As data matures across indications in rare genetic diseases, the broader ex vivo autologous gene therapy platform continues to be jeopardized in terms of both efficacy and safety … key opportunities at MLD (including OTL-200 and other drug candidates each have potential sales in the range of $ 200 to $ 400 million. It is important that the general benefit / risk profile of the Orchard approach is viewed positively in the eyes of doctors At level, we believe that ORTX shares do not reflect the risk-adjusted potential of the pipeline … “The high sales potential here prompts Rama to rate the share as an outperform (buy) and set a price target of USD 15, which implies a robust position 122% Upside potential over the next 12 months. (To view Rama’s track record, click here) A. In this regard, too, Wall Street generally agrees with JPM. ORTX shares have 6 buy ratings for a unanimous consensus rating from analysts at Strong Buy, and the average price target of $ 15.17 indicates an upward movement of 124% from the current trading price of $ 6.76. (See Orchard’s stock analysis at TipRanks.) Disclaimer: The opinions expressed in this article are solely those of the analysts featured. The content is intended to be used for informational purposes only. It is very important that you do your own analysis before making any investment.