Stock Region Watchlist
Stock Region Watchlist
Stock Region Watchlist Newsletter - Thursday, September 19th, 2024
Stock Region Watchlist Newsletter - Thursday, September 19th, 2024
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Disclaimer: The information provided in this newsletter is for educational purposes only and should not be taken as financial advice. Please consult with a financial advisor before making any investment decisions.
Welcome to this week’s edition of the Stock Region Watchlist Newsletter, where we bring you the latest insights and updates on stocks that are catching the market’s attention. As always, we aim to provide you with valuable perspectives on potential investment opportunities. Let’s dive into this week’s top picks:
Darden Restaurants ($DRI)
Despite missing Q1 earnings expectations, Darden Restaurants has seen its stock soar by over 11%. This surge is attributed to the company’s confidence in its full-year outlook and a noticeable improvement in sales trends. With plans to open 42 new restaurants, Darden is poised for future growth. Keep an eye on the stock with levels to watch: an upside above $177.30 and a downside below $153.00.
Nvidia ($NVDA)
Nvidia continues to dominate the AI sector, maintaining a significant one- to two-year lead over its competitors, according to analysts at William Blair. The company’s data center revenue is projected to more than double in fiscal 2025, making Nvidia a compelling choice for investors. Short-term levels to monitor include an upside above $117.31 and a downside below $115.52.
DoorDash ($DASH)
As a key player in the burgeoning food delivery market, DoorDash remains a stock to watch closely. While no specific recent news was available, strategic moves or upcoming earnings reports could influence its stock performance. Investors should watch for short-term levels: an upside above $137.74 and a downside below $133.62.
Coursera ($COUR)
In the realm of online education, Coursera is thriving, fueled by the ongoing demand for remote learning and upskilling. New partnerships, course offerings, or earnings reports could propel this stock further. Track its short-term performance with levels to watch: an upside above $8.38 and a downside below $7.92.
Disclaimer: Remember, the information provided here is intended for educational purposes and does not constitute financial advice. Always perform your own research or consult with a professional before making investment decisions.
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