Stock Region's Watchlist
Watchlist - Monday, June 24th, 2024
Stock Region: Watchlist - Monday, June 24th, 2024
Welcome to this week's Stock Region watchlist! We have identified four stocks that are showing promising signs and are worth keeping an eye on: Nvidia (NVDA), Ferrari (RACE), Planet Fitness (PLNT), and Cinemark (CNK). Below, you'll find the key reasons why these stocks stand out.
Nvidia ($NVDA)
Strong Performance: Nvidia has been the top performer among the Magnificent Seven stocks in 2024, boasting a 132% year-to-date return through June 3.
Positive Premarket Moves: Nvidia's stock is making significant moves before the bell, signaling strong investor interest and potential for growth.
Ferrari ($RACE)
Premarket Movement: Ferrari's stock is among those making notable premarket moves, suggesting it might be poised for further activity.
Planet Fitness ($PLNT)
Stock Surge: Planet Fitness experienced an 11% surge in its stock price recently, showcasing strong market sentiment.
Growth: The company is likely to benefit from store expansions, partnerships, and membership growth.
Cinemark ($CNK)
Premarket Activity: Cinemark's shares have increased by 3.3% after receiving attention from Roth, indicating potential for upward movement.
Increased Relative Strength: Cinemark Holdings' Relative Strength (RS) Rating jumped from 69 to 80, signaling a stronger performance relative to other stocks.
Stay tuned to Stock Region for more updates and insights throughout the week! Happy trading!