Stock Region Watchlist
Stock Region Watchlist
Weekly Watchlist - August 23rd, 2024
Stock Region Weekly Watchlist - August 23rd, 2024
Disclaimer: This newsletter is for informational purposes only and should not be considered as financial advice. Stock trading involves risks, and you should consult with a financial advisor before making any investment decisions.
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
Peloton ($PTON): Pedaling Towards Profitability
Peloton has been a standout performer this week, with its stock experiencing a substantial 35% surge. This positive momentum comes in the wake of Peloton's Q4 earnings report, which not only exceeded expectations but also highlighted the company's strategic progress towards profitability. Investors are optimistic about Peloton's turnaround plan, which seems to be gaining traction in the market. For those closely watching Peloton, key levels to consider in the short-term include an upside potential above $4.55 and a downside risk below $4.29.
Workday ($WDAY): Rising on Remarkable Results
Workday has also captured investor attention this week. The company's fiscal Q2 results came in stronger than anticipated, providing a boost to its stock. Additionally, Workday's announcement of a new share repurchase program has been met with enthusiasm, as it underscores the company’s commitment to enhancing shareholder value. Investors are advised to keep an eye on Workday's trading levels, with an upside noted above $265.99 and a downside observed below $255.92.
Chewy ($CHWY): Paws on the Pulse of Earnings
Chewy's stock has faced some pressures recently, but the upcoming fiscal Q2 earnings report has sparked interest among traders. Despite some analyst downgrades, Chewy remains a focal point for potential buying opportunities, especially as the earnings report looms. For those tracking Chewy, important levels to monitor in the short-term include an upside above $27.17 and a downside below $26.79.
Disclaimer: This newsletter is for informational purposes only and should not be considered as financial advice. Stock trading involves risks, and you should consult with a financial advisor before making any investment decisions.
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