Stock Region Watchlist
Watchlist For This Week
Watchlist For This Week
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Hey everyone,
Before diving into this week’s watchlist, here’s a quick but important reminder: This is not financial advice and should only be used for informational and educational purposes. Always do your own research before making any investment decisions.
Let’s get to it. Here are some stocks worth watching this week.
Capital One ($COF)
Capital One is stepping up to the plate with its latest earnings report soon. Analysts are feeling pretty optimistic, expecting a solid performance thanks to strong credit card use and loan growth. It seems like everyone is swiping their COF cards, with balances up 12% year-over-year. The company’s digital banking initiatives are also making waves, with mobile app usage up 15%. This isn’t just a traditional bank; Capital One continues making real moves in the tech space.
Key short-term levels:
Upside: Above $227.69
Downside: Below $223.00
Affirm ($AFRM)
The “buy now, pay later” sector is buzzing, and Affirm is right in the middle of it. Transaction volumes are up 18% year-over-year, an impressive rise. With new partnerships forged with major retailers, an expected 22% jump in active users is on the horizon. The main question surrounds how Affirm is handling today’s rising interest rate environment. Navigating this while maintaining margins will be crucial, so the upcoming report provides an opportunity to gauge the company’s evolving strategy.
Key short-term levels:
Upside: Above $88.46
Downside: Below $83.00
Walmart ($WMT)
Walmart continues to showcase dominance in both physical and online retail. E-commerce sales have jumped 17%, driven largely by the convenience of grocery delivery services. Improved inventory practices have also reduced excess stock by 8%, signaling sharp management. Updates on international operations—accounting for a significant portion of revenue—will be closely watched, as expansion in key markets could drive further growth.
Key short-term levels:
Upside: Above $119.44
Downside: Below $116.15
Akamai ($AKAM)
Akamai is quietly excelling. Revenue from cybersecurity and cloud services climbed 14%, reflecting robust demand for digital transformation solutions. Akamai’s advancements in edge computing technology stand out as a forward-thinking step that could solidify more enterprise contracts. Updates on new client acquisitions and global data center expansion plans are also anticipated.
Key short-term levels:
Upside: Above $92.65
Downside: Below $87.25
Sun Country Airlines ($SNCY)
Travel demand is soaring, and Sun Country Airlines is clearly benefitting. Passenger revenue has risen 19% year-over-year. The airline’s cargo operations, now contributing 12% of total revenue, provide stability and growth potential. Fleet expansion is also on the table, with 10 new aircraft planned to meet the strong demand ahead.
That wraps up this week’s watchlist! These names are positioned in areas of growing demand and innovation, making them worth keeping on the radar as the week unfolds.
Final Disclaimer: All investing involves risk. The information provided here is for discussion and entertainment purposes only. Please conduct your own due diligence and consult with a professional financial advisor before making any investment decisions. Stock Region is not responsible for any gains or losses that may occur.