Stock Region Watchlist
An Electric Ferrari? Here’s What’s on Our Radar
An Electric Ferrari? Here’s What’s on Our Radar
Welcome back to the Stock Region watchlist. Before we dive in, a quick but important reminder: this newsletter is for informational and entertainment purposes only. The opinions expressed here are our own and should not be taken as financial advice. We may or may not hold positions in the stocks mentioned. Always do your own research before making any investment decisions.
Now, let’s get to the good stuff. What a week it’s been! Here’s what caught our eye.
1. Ferrari ($RACE): The Prancing Horse Goes Electric
This is a big one. Ferrari, the icon of roaring V12 engines, just unveiled its first-ever electric vehicle. I’ll admit, part of me is a little sad to see the classic engine noise fade into the background, but from an investment perspective, this is a massive and necessary move. It shows they’re not just resting on their brand legacy; they’re adapting.
What’s really telling is that they also bumped up their 2025 guidance. That’s confidence. The stock has been a bit jumpy lately, which could be an interesting entry point for those with a strong stomach for volatility.
Levels I’m Watching:
Upside: A break above $421.51 could signal more bullish momentum.
Downside: A drop below $408.00 might indicate some profit-taking.
2. PepsiCo ($PEP): The Steady Giant
In a market full of uncertainty, sometimes you just want something reliable. PepsiCo delivered just that with its Q3 earnings. They beat expectations on revenue and earnings, proving that people are still buying their snacks and drinks, recession fears or not.
They held their 2025 guidance steady, which is exactly what you want to see from a blue-chip stock like this. It’s not the most exciting stock on the list, but it’s a portfolio anchor for a reason. Solid performance and positive market sentiment make this a comforting one to watch.
3. Delta Air Lines ($DAL): Flying High on Demand
Just when you think travel demand might cool off, Delta comes in with a record-breaking quarter. Strong revenue, optimistic guidance for Q4—it seems like everyone is still eager to fly. They’re clearly navigating the post-pandemic travel boom effectively.
Personally, I’m bullish on the travel sector as a whole, and Delta is leading the charge. They’re projecting better margins and revenue growth, which tells me they believe this momentum is sustainable.
Levels I’m Watching:
Upside: A push past $61.97 could see it soar to new short-term highs.
Downside: Watch for support around $60.35 if it pulls back.
4. Akero Therapeutics ($AKRO): The High-Risk, High-Reward Biotech
Alright, let’s talk about a more speculative play. Akero is a biotech firm working on treatments for metabolic diseases. This isn’t your stable dividend stock; it’s a bet on science and future breakthroughs. The potential here is enormous if their clinical trials succeed, but the risks are just as high.
This is the kind of stock you watch from the sidelines unless you have a high risk tolerance and have done deep, deep homework. It’s on my watchlist because a positive news catalyst could send it flying.
Levels I’m Watching:
Upside: A move above $55.40 could be significant.
Downside: Keep an eye on the $54.70 level for support.
That’s a wrap for this week’s watchlist. It’s a mixed bag of innovation, stability, and high-stakes potential. Keep your eyes on the charts and your strategy clear.
Happy trading,
The Team at Stock Region
Disclaimer: All content in this newsletter is for informational purposes only and does not constitute financial advice, an offer to sell, or a solicitation of an offer to buy any security. Investing in stocks involves risk, and you could lose some or all of your investment. Please consult with a licensed financial advisor before making any investment decisions. Stock Region is not a registered investment advisor.