Stock Region's Watchlist
Stock Region's Watchlist
Watchlist Tuesday, February 13th, 2024
Stock Region Newsletter: Watchlist Tuesday, February 13th, 2024
Dear Investor,
Welcome to your Tuesday watchlist! Today, we're focusing on three stocks that are showing interesting movements and potential: JetBlue Airways ($JBLU), Arista Networks ($ANET), and Tripadvisor ($TRIP). Let's dive in:
JetBlue Airways ($JBLU)
Activist investor Carl Icahn has recently taken a nearly 10% stake in JetBlue, leading to a surge of over 15% in shares before the market opened.
The stock is currently presenting buy signals from both short and long-term moving averages, suggesting a positive forecast.
Despite losing about half of their value in the latter part of 2023 due to fears of higher rates and a slowing economy, JetBlue shares have been on a bullish trend. The share price is above its 5, 20 & 50 day exponential moving averages, signaling positive momentum. Keep an eye out for levels above $7.05 and below $6.75.
Arista Networks ($ANET)
Arista Networks is a key player in cloud networking and data center solutions. With consistent performance and strong financials, it's definitely one to watch. Keep a close eye on levels above $258.68 and below $254.56.
Tripadvisor ($TRIP)
As one of the largest travel platforms globally, TripAdvisor stands to gain significantly from the recovery of the travel industry post-pandemic. Any news or developments related to easing travel restrictions or increased travel bookings could impact the stock positively. Watch for levels above $25.33 and below $24.50.
Remember, investing always comes with risk. It's crucial to do your own research and consider your financial situation and risk tolerance before making any investment decisions.
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Stay tuned for more updates!
Best, The Stock Region Team