Stock Region Watchlist
Stock Region Watchlist Newsletter - Thursday, January 2, 2025.
Stock Region Watchlist Newsletter - Thursday, January 2, 2025
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Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Stock Region is not responsible for any actions taken based on the content of this newsletter. Always consult with a professional financial advisor before making investment decisions.
Nvidia ($NVDA)
Nvidia is kicking off the year on a high note, climbing 1.7%. Analysts are bullish, describing the company as being in a "nirvana" moment, with strong momentum moving into 2025. Nvidia’s impressive growth trajectory could even put it in position to become the most valuable company globally if current trends persist.
Levels to Watch:
Upside above $136.70
Downside below $135.00
Synaptics ($SYNA)
Synaptics is making major moves, jumping 5.9% after announcing a collaboration with Google on Edge AI solutions for IoT. This integration of Google’s machine learning core with Synaptics’ Astra hardware has bolstered investor confidence as the company positions itself as a leader in the IoT space.
Levels to Watch:
Upside above $80.24
Downside below $76.32
Cloudflare ($NET)
Cloudflare is riding high after receiving a double upgrade from Goldman Sachs, driving its stock up 5.6%. Key catalysts for its strong outlook include improvements in sales and marketing and advancements in edge compute solutions. The company’s innovation pipeline continues to impress analysts and investors alike.
Levels to Watch:
Upside above $114.99
Downside below $110.30
Topgolf Callaway Brands ($MODG)
Topgolf Callaway Brands saw the most significant gain in today’s watchlist, surging 8.5% following a "buy" upgrade from Jefferies. The firm highlighted that the stock had appeared oversold and raised its price target, suggesting strong upside potential moving forward.
Levels to Watch:
Upside above $8.52
Downside below $8.06
That wraps up today’s watchlist!
Disclaimer: The information provided here reflects market trends and developments as of January 2, 2025. Stock Region does not provide personalized investment advice. Past performance is not indicative of future results.
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