Stock Region's Watchlist
Newsletter: Your Monday Watchlist - March 18, 2024
Stock Region Newsletter: Your Monday Watchlist - March 18, 2024
Hello Stock Region Subscribers,
Welcome to your watchlist for this week. We are focusing on three stocks that have been drawing attention in the market: Google ($GOOG), HashiCorp ($HCP), and Nvidia ($NVDA). Here's what you need to know:
Google ($GOOG): Alphabet's shares have seen a rise in premarket trading today, marking it as a stock to keep an eye on. The tech giant continues to deliver strong performance with a diversified business portfolio, including its search engine, YouTube platform, and cloud computing services. Look out for levels above $149.93 and below $148.27.
HashiCorp ($HCP): HashiCorp's shares have also witnessed a surge in premarket trading. The company is slated to release its earnings before the market opens, a much-anticipated event that could notably sway its stock price. Known for its innovative software tools for managing and orchestrating cloud infrastructure, HashiCorp remains an interesting prospect in the burgeoning cloud computing sector. Keep an eye on levels above $30.00 and below $28.86.
Nvidia ($NVDA): Despite recent market volatility and a series of declines, Nvidia stays on our watchlist. As a prominent player in the graphics processing unit (GPU) market, crucial for video games and increasingly vital for AI applications, Nvidia is worth watching. Anticipation is building around the company ahead of the Federal Reserve policy decision, which could influence the tech sector. The debate about whether Nvidia is a buy or not is also being closely watched by investors. Watch for levels above $903.50 and below $901.10.
Remember, while these stocks are currently making waves, all investment decisions should be made based on thorough research and consideration of personal financial circumstances.
Stay tuned for more updates and happy trading!
Best, The Stock Region Team