Stock Region Watchlist
4 Stocks To Watch For Monday, January 29th, 2024
Watchlist Newsletter - Monday, January 29th, 2024
Hello Investors,
Welcome to your Monday watchlist. Here are the stocks you should keep an eye on today:
1. iRobot Corporation (IRBT): The company's stock has been making headlines recently which could indicate significant changes in the market's perception of the company. In a major development, Amazon has terminated its deal with iRobot leading the vacuum maker to lay off 31% of their staff. This is likely to have an impact on the stock's performance. Key levels to watch are above $14.39, and below $12.86.
2. ZoomInfo Technologies Inc. (ZI): There hasn't been specific news about ZI, but the company operates within the rapidly evolving technology sector. Changes in this sector can have significant impacts on stock prices. Pay attention to ZI as it navigates this dynamic industry. Levels to watch out for are above $16.81, and below $16.62.
3. American Airlines Group Inc. (AAL): While there isn't specific news for AAL, the airline industry is often affected by factors ranging from oil prices to travel restrictions. Any fluctuations in these areas could lead to significant changes in AAL's stock price. Keep an eye on levels above $15.43, and below $15.13.
4. Dollar Tree, Inc. (DLTR): Dollar Tree's stock rose more than +1% in pre-market trading after JPMorgan Chase upgraded the stock to overweight from neutral. This upgrade indicates a positive outlook for the company's stock, making it an interesting one to watch. Levels to watch out for are above $137.14, and below $135.01.
As always, please do your own research or consult with a financial advisor before making any investment decisions. Stocks can go up and down based on a variety of factors, and past performance does not guarantee future results.
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Happy trading!
Best regards, The Stock Region Team