Stock Region: Watchlist: Monday, February 26th, 2024
Hello Investors,
Here are some reasons why DPZ, BRK.B, MRNA, and FLNC could be good stocks to watch this week:
1. Domino's Pizza Inc (DPZ):
The company recently reported robust earnings for the fourth quarter and fiscal 2023, with strong global retail sales growth and same-store sales in the U.S. Additionally, a UBS analyst upgraded the price target from $450 to $480, indicating positive market sentiment. The company also announced a dividend hike, which often attracts investors looking for steady income. Levels to watch out for are above $461.70, and below $437.50.
2. Berkshire Hathaway Inc. (BRK.B):
As an investment holding company led by renowned investor Warren Buffet, BRK.B's performance often reflects the broader market trends. Its diverse portfolio includes sectors like insurance, utilities, railroad, and manufacturing, which can provide stability during market volatility. Levels to watch out for are above $428.00, and below $424.75.
3. Moderna Inc (MRNA):
As one of the leading manufacturers of COVID-19 vaccines, Moderna's stock is closely tied to global pandemic developments. Any news related to vaccine demand, booster shots, or new variants could impact MRNA's stock price. Levels to watch out for are above $95.99, and below $94.30.
4. Fluence Corp Ltd (FLNC):
Fluence Corporation is a global leader in decentralized water and wastewater treatment solutions, an industry expected to grow as concerns about water scarcity and pollution increase. Levels to watch out for are above $15.32, and below $15.04.
Please note that while these stocks have potential based on recent news and market trends, investing in the stock market always carries risk. It's important to conduct thorough research and consider seeking advice from a financial advisor before making any investment decisions.
Happy Investing!