Stock Region Watchlist
AEO's Wild Ride, HPE's Record, & CRM's Dip.
Stock Region Pre-market Watchlist - AEO's Wild Ride, HPE's Record, & CRM's Dip
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Good morning, traders!
Before we dive into the action, a quick but important reminder: The content in this newsletter is for informational and entertainment purposes only. It is not financial advice. Please do your own research and consult with a professional before making any investment decisions. Trading involves risk, and you should never invest more than you are willing to lose.
Now, let's get to the good stuff. The market is serving up some interesting moves, and a few stocks on our watchlist are making serious waves.
American Eagle ($AEO): The Sydney Sweeney Effect is Real
Wow. Just wow. American Eagle is reminding everyone of the sheer power of good marketing. Shares rocketed nearly 24% in premarket trading this week, and it’s not hard to see why. Their collaboration with Sydney Sweeney for the latest denim campaign has been a massive hit.
It feels like every time you turn around, someone is talking about it. This isn't just hype; it's translating into real investor confidence. The stock has spiked 25% recently, which tells me the market believes in their strategy. Personally, I think this is a fantastic example of a brand knowing its audience and executing flawlessly. It’s one thing to have a good product, but it’s another to make people want it. AEO nailed it.
For the short-term traders out there, keep an eye on these levels: A break above $17.29 could signal further upside, while a drop below $16.79 might indicate a pullback.
Hewlett Packard Enterprise ($HPE): The Quiet Giant
While flashier names often grab the headlines, HPE has been quietly putting in the work, and the results speak for themselves. The company just reported a record Q3 revenue of $9.1 billion—a stunning 19% jump from the previous year.
What's driving this? Their smart acquisition of Juniper Networks is clearly paying off, strengthening their market position and bottom line. They also beat earnings estimates, which is always a great sign of solid operational performance. Even with slightly conservative sales guidance, the underlying strength here is hard to ignore. HPE might not be the most exciting stock on the block, but I've always respected companies that focus on fundamentals and deliver consistent growth. This quarter is a testament to that approach.
Salesforce ($CRM): Is This a Buying Opportunity?
Here’s a classic market head-scratcher. Salesforce beat its second-quarter earnings expectations, showing it's still a profitability machine. So, what happened next? The stock dropped 7% in premarket trading.
This is where things get interesting for investors. The market seems spooked by slowing sales growth, which is now at 8.7% year-over-year. It's a valid concern, for sure. However, let's not forget who we're talking about. Salesforce is at the heart of the AI and CRM revolution. They are positioning themselves for the future, and I believe their long-term story is still very much intact.
When a great company faces short-term volatility like this, it can present a compelling opportunity. Is this a dip to buy? That's for you to decide, but it’s definitely a situation worth watching closely. The key short-term levels are a potential breakout above $242.20 or a breakdown below $237.40.
That's a wrap for today's watchlist. Keep your charts clean, your strategy clear, and your emotions in check.
Happy trading!
The Stock Region Team
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