Stock Region Watchlist
Stock Region Watchlist Newsletter - Tuesday, December 17, 2024.
Stock Region Watchlist Newsletter - Tuesday, December 17, 2024
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Disclaimer: This content is for informational purposes only and does not constitute financial advice. Stock trading and investing involve risk, and you should consult with a licensed financial advisor before making investment decisions.
Welcome to this week's Stock Region Watchlist! We’re spotlighting four noteworthy stocks you may want to keep your eye on this week. Here's a breakdown of the latest developments, why these companies stand out, and key short-term levels to monitor.
Pfizer ($PFE)
Recent News: Pfizer has announced its full-year 2025 guidance, projecting operational revenue growth of up to 5% from the midpoint of 2024. The company also expects adjusted earnings between $2.80 and $3 per share for 2025, in line with analyst projections.
Reason to Watch: Stability and potential growth are key reasons to pay attention to Pfizer. Its solid guidance for 2025 showcases consistency, even in a competitive pharmaceutical sector.
Levels to Watch in the Short-Term:
Upside: Above $26.05
Downside: Below $25.80
Keep a close eye on these levels to gauge momentum in either direction.
Tesla ($TSLA)
Recent News: Tesla’s share price has soared to record highs, driven by strong post-election market performance. The stock continues to surpass expectations, bolstered by Tesla's leadership role in the electric vehicle market.
Reason to Watch: Tesla’s remarkable ability to hit new highs highlights investor confidence and its dominance in the EV sector. With the industry evolving, Tesla remains a crucial stock to track for both long-term growth and short-term movements.
Levels to Watch in the Short-Term:
Upside: Above $478.80
Downside: Below $471.30
Monitor these levels for potential breakouts or resistance.
SolarEdge ($SEDG)
Recent News: SolarEdge has been upgraded by Goldman Sachs, signaling a potentially major turnaround in 2025. This upgrade sparked a 13% rally in the stock, recovering some lost ground from prior market uncertainties.
Reason to Watch: The significant endorsement from Goldman Sachs underscores optimism about SolarEdge’s future. This makes it a stock to consider for investors drawn to clean energy opportunities.
Levels to Watch in the Short-Term:
Upside: Above $14.41
Downside: Below $13.72
Momentum around these thresholds could hint at future trends.
Red Cat ($RCAT)
Recent News: Despite reporting a fiscal second-quarter loss, Red Cat experienced a notable uptick in aftermarket trading. Increased call volume from bullish investors reflects heightened interest in the stock.
Reason to Watch: Red Cat’s resilience and investor activity suggest the potential for near-term volatility. This could create opportunities for those seeking high-risk, high-reward trades.
Levels to Watch in the Short-Term:
Upside: Above $9.21
Pay attention to momentum beyond this upside level for potential breakouts.
That wraps up our Watchlist for this week. Keep up-to-date with Stock Region for more insights and analysis to help you stay informed and ahead in the market.
Final Disclaimer: The information contained in this newsletter is not a substitute for professional financial advice. Stock Region and its writers are not liable for any actions taken based on this newsletter. Always conduct your own research and consult with a qualified financial professional. Happy investing!
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