Stock Watchlist Focus: Palantir, Foot Locker and CrowdStrike - March 6th, 2024
In today's stock watchlist, we turn our attention to Palantir (PLTR), Foot Locker (FL), and CrowdStrike (CRWD). Here's why these stocks are worth keeping an eye on:
Palantir ($PLTR):
Palantir recently won a $178 million U.S. Army contract for project TITAN, causing its stock to surge. As an AI-focused company, Palantir is well-positioned to capitalize on the increasing importance of AI technology. The company also announced over 60 customers showcasing their work in the Artificial Intelligence Platform (AIP) at AIPCon. Keep an eye on levels above $25.94, and below $25.41.
Foot Locker ($FL):
While there hasn't been any recent news about Foot Locker, as a retail stock it often serves as a barometer for consumer spending trends and economic health. Levels to watch out for are above $30.40, and below $30.00.
CrowdStrike ($CRWD):
CrowdStrike, a leading cybersecurity company, is another stock to watch. With the increasing importance of cybersecurity in the digital world, CrowdStrike's performance could provide interesting insights. Look for levels above $371.55, and below $362.00.
As always, these stocks should be carefully monitored for shifts and potential investment opportunities. Happy trading!
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