Stock Region Watchlist: Monday, August 19th, 2024
Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please 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
Here's a quick rundown on why these stocks are worth watching this week:
AMD (NASDAQ: $AMD): With its $4.9 billion acquisition of ZT Systems, AMD is set to expand its capabilities in data center AI systems. This strategic move could strengthen AMD's foothold in the AI and data center markets, possibly increasing stock interest. Key levels to watch for short-term trading include an upside above $153.30 and a downside below $151.57.
Estée Lauder (NYSE: $EL): Despite a dip in stock price following a weak sales forecast and challenges in the Chinese market, Estée Lauder reports a 7% increase in net sales year-over-year. This mixed performance may attract investors looking for recovery or value opportunities. Short-term levels of interest are upside above $94.97 and downside below $89.15.
Dutch Bros (NYSE: $BROS): Recently upgraded from Neutral to Buy by UBS, Dutch Bros is generating positive sentiment despite recent stock volatility. This suggests potential growth opportunities that may appeal to investors. Watch for upside levels above $32.64 and downside levels below $30.73.
HP (NYSE: $HPQ): As HP prepares to release its third-quarter fiscal 2024 earnings on August 28, expectations are high for AI-driven growth to sustain momentum. This earnings report could offer insights into HP's performance and future prospects, making it a compelling stock to watch. Key levels are upside above $36.50 and downside below $35.02.
Disclaimer: The information provided in this newsletter is subject to change and should not be relied upon as a sole basis for investment decisions. Stock Region is not responsible for any losses incurred as a result of using this information.
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