Stock Region's Watchlist
Watchlist: Tuesday, June 18th, 2024
Stock Region Watchlist: Tuesday, June 18th, 2024
Disclaimer: The information provided in this newsletter is for informational purposes only and should not be construed as financial advice. Stock trading and investing involve substantial risk. Always consult with a professional financial advisor before making any investment decisions.
La-Z-Boy ($LZB)
Earnings Report: La-Z-Boy is set to release its earnings report today, June 18, with an expected earnings per share (EPS) of $0.70. Investors are keenly watching to see if the company meets or exceeds expectations.
Stock Movement: The stock has gained over 2% in pre-market trading, suggesting positive investor sentiment.
Expansion Plans: Despite the volatile demand in the furniture market, La-Z-Boy is opening new stores, indicating confidence in long-term growth potential.
Levels to Watch:
Upside: Above $37.99
Downside: Below $37.16
NextEra Energy ($NEE)
Strong Performance: With a focus on renewable energy, NextEra Energy has consistently been a strong performer in the utilities sector.
Sustainability Focus: The company's commitment to clean energy solutions positions it favorably amid increasing environmental regulations and consumer demand for sustainable practices.
Levels to Watch:
Upside: Above $69.31
Downside: Below $66.71
Kroger ($KR)
Earnings Release: Kroger is also releasing its earnings report this week. This provides an opportunity for investors to assess the company's financial health and future outlook.
Market Position: As one of the largest supermarket chains in the U.S., Kroger's performance can be a bellwether for the retail sector, especially in terms of consumer spending trends.
Levels to Watch:
Upside: Above $52.38
Downside: Below $51.02
Lennar Corporation ($LEN)
Earnings Report: Lennar is expected to report quarterly earnings of $3.24 per share, reflecting significant growth.
Sector Momentum: The homebuilding sector has shown resilience, and Lennar's strong earnings could indicate continued strength in the housing market.
Levels to Watch:
Upside: Above $153.10
Downside: Below $151.15
Stay tuned to these updates as they develop throughout the day. Happy investing!
Best regards,
The Stock Region Team
Disclaimer: The information provided in this newsletter is for informational purposes only and should not be construed as financial advice. Stock trading and investing involve substantial risk. Always consult with a professional financial advisor before making any investment decisions.