Stock Region Watchlist
Friday Watchlist Newsletter - September 6th, 2024
Stock Region Weekly Watchlist Newsletter
Disclaimer: This newsletter is intended for informational purposes only and does not constitute financial advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.
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.
Welcome to this week’s edition of Stock Region's Watchlist Newsletter, where we spotlight some of the most intriguing stocks in the market. This week, we turn our focus to Bowlero, UiPath, and Broadcom. Let's delve into why these stocks are worth watching.
Bowlero ($BOWL):
Bowlero has been on a striking path lately, exhibiting a robust performance with a year-over-year increase of approximately 7% in same-store sales. This impressive growth has allowed Bowlero to surpass their fiscal fourth-quarter sales expectations. The company has set a promising outlook for fiscal year 2025, drawing positive attention from analysts and investors alike. For those monitoring short-term movements, keep an eye on the upside level at $12.43 and the downside level at $10.96.
UiPath ($PATH):
UiPath continues to benefit from the burgeoning demand for artificial intelligence, a trend that has significantly bolstered its stock performance. The company recently reported a standout quarter with a 10.1% increase in revenue year-over-year, surpassing both earnings and revenue forecasts. As UiPath continues to leverage AI advancements, it's a stock that merits close attention. Key levels to monitor include an upside above $14.15 and a downside below $13.71.
Broadcom ($AVGO):
Broadcom has experienced some recent volatility due to a revenue target that fell short of some investors' expectations. Nonetheless, the company has enjoyed a remarkable year with a 37% increase in stock value. Broadcom's strategic focus on AI components and custom chips is poised to be a substantial growth catalyst in the long term. Investors should watch for short-term levels, with upside potential above $144.36 and downside risks below $136.89.
Thank you for subscribing to Stock Region’s Watchlist Newsletter. Stay informed, and happy investing!
Disclaimer: Investing in stocks involves risks, including the risk of losing your investment. Past performance is not indicative of future results. This newsletter does not recommend, endorse, or sponsor any of the stocks mentioned. Please conduct your own due diligence before investing.
We are working endlessly to provide free insights on the stock market every day, and greatly appreciate those who are paid members supporting the development of the Stock Region mobile application. Stock Region offers daily stock and option signals, watchlists, earnings reports, technical and fundamental analysis reports, virtual meetings, learning opportunities, analyst upgrades and downgrades, catalyst reports, in-person events, and access to our private network of investors for paid members as an addition to being an early investor in Stock Region. We recommend all readers to urgently activate their membership before reaching full member capacity (500) to be eligible for the upcoming revenue distribution program. Memberships now available at https://stockregion.net