Stock Region's Watchlist

4 Stocks To Watch For Tuesday, January 30th, 2024!

Here's what you need to know about UPS, GM, Whirlpool, and Spotify for today:

Photo by Austin Distel on Unsplash

1. UPS: The latest trading day saw United Parcel Service (UPS) settling at $159.30, a minor drop of -0.26% from its previous close. However, the company's shares fell before the market opened due to a weaker-than-expected full-year revenue outlook. Moreover, UPS reported a more than 7% decrease in daily package volume in its fourth quarter earnings report. Despite these challenges, UPS continues to be a major player in the delivery service industry, making it a stock to watch. Levels to watch out for are above $148.00, and below $146.90.

2. GM: While recent news about General Motors (GM) isn't available, it's important to note that GM has been making significant strides in the electric vehicle market. Their commitment to innovation and adaptation to market trends could make it a good long-term investment. Levels to watch out for are above $38.39, and below $37.40.

3. Whirlpool: Whirlpool is a leading manufacturer of home appliances, a sector that is heavily influenced by housing market trends, consumer spending levels, and global supply chain issues. While no recent news is available, any changes in these factors could significantly impact Whirlpool's stock performance. Levels to watch out for are above $112.70, and below $110.55.

4. Spotify: As one of the leading players in the music streaming industry, Spotify is definitely a stock to watch. Its performance can be influenced by a range of factors including subscriber growth, advertising revenue, and competition from other streaming services. Keep an eye out for any news or updates relating to these areas. Levels to watch out for are above $223.88, and below $218.61.

As always, please do your own research or consult with a financial advisor before making any investment decisions.

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