Stock Region Watchlist
Your Friday Watchlist Is Here!
Your Friday Watchlist Is Here!
The stocks featured in this report were previously delivered in our trading room in real-time. To access Stock Region’s real-time trade ideas, then be sure to purchase a membership now.
Disclaimer: The following is not financial advice. This newsletter is for educational and informational purposes only. All investing involves risk. Please do your own research and consult with a licensed financial advisor before making any investment decisions.
The Watchlist: 4 Stocks on Our Radar
Tilray Brands (TLRY)
Tilray is making some big moves to clean up its act. The company just did a 1-for-10 reverse stock split. Honestly, this feels like a strategic play to look more attractive to the big-money institutional investors. While the stock has taken a beating this year, down 66% from its highs, you can’t ignore that Tilray is still a giant in the cannabis space. With a diverse portfolio and a sharp focus on international growth, especially in Europe, they’re positioning themselves for the long game. The global cannabis market is expected to be massive, and Tilray wants a huge piece of that pie. It’s a bit of a contrarian play right now, but that’s what makes it interesting.
Short-term level to watch: Keep an eye on the downside below $10.58.
Lululemon (LULU)
Talk about a shake-up! Lululemon’s stock jumped 10% this week after announcing that CEO Calvin McDonald is stepping down. Before this news, the stock was having a rough year, down 51%. But here’s the kicker: they actually raised their guidance for the fiscal year. To me, this signals confidence from within the company. Their digital sales are booming (up 30% last quarter!), and they are crushing it in international markets like China. LULU has a cult-like following for a reason—the brand is incredibly strong. This could be the start of a serious comeback story.
Short-term levels to watch: Upside above $207.39 and downside below $203.82.
Broadcom (AVGO)
In a tech world that’s been a mixed bag, Broadcom is an absolute powerhouse. The stock is up an impressive 45% year-to-date, and for good reason. Their latest quarterly report showed a 20% jump in revenue, fueled by the insatiable demand for AI and data center chips. It’s not just a hardware story, either; their enterprise software division is also growing strong. With solid growth, a reasonable forward P/E ratio, and a nice 2.2% dividend yield, AVGO feels like one of those rare stocks that offers the best of both worlds.
Short-term levels to watch: Upside above $383.00 and downside below $379.41.
Citigroup (C)
For all the value investors out there, Citigroup is practically screaming for attention. Trading at a P/E ratio of just 6.5, it’s significantly cheaper than its peers. The bank has been on a cost-cutting mission, which is exactly what you want to see from a legacy institution looking to become more efficient. They’re simplifying operations and improving their financial health. While bank stocks haven’t been the most exciting plays lately, the potential upside for Citigroup is hard to ignore, especially as they target a much higher return on equity by 2026. This is a classic “be patient” stock, in my opinion.
Short-term levels to watch: Upside above $113.40 and downside below $113.02.
That’s a wrap for this week! Keep these on your radar and have a fantastic weekend. We’ll be back on Monday to tackle another week in the markets together.
Happy trading!
The Stock Region Team
Disclaimer: Stock Region is not a registered investment, legal, or tax advisor or a broker/dealer. All investment/financial opinions expressed by Stock Region are from the personal research and experience of the owner of the site and are intended as educational material. You are solely responsible for your own investment decisions.
Love the contrarian angle on TLRY. The reverese split might look desperate to retail but institutional money tends to avoid sub-$10 stocks, so this opens up a whole new buyer pool. That European expansion play is underappreciated too, especially with US rescheduling rumors heating up. Timing could end up being perfect.