Stock Region's Watchlist
Stock Region Newsletter: Watchlist - February 9th, 2024
Watchlist - February 9th, 2024
Welcome to our Stock Region Watchlist for today, where we highlight some stocks worth watching. Today, we're keeping a close eye on PepsiCo, Cloudflare, Pinterest, and Expedia.
PepsiCo ($PEP): Despite a 12% drop from its May peaks, PepsiCo is expected to deliver promising results in its Q4 earnings release. The levels to keep an eye on are above $176.50 and below $173.85. PepsiCo has demonstrated strong momentum and financial stability, making it an appealing choice for growth investors. The company continues to maintain strong pricing power and operates effectively under current leadership. Sales growth is accelerating and the company has managed to pass along higher prices without much trouble. Shares are reasonably priced considering the positive factors surrounding the company.
Cloudflare ($NET): Although specific reasons aren't mentioned in the search results, Cloudflare, a web infrastructure and website security company, has shown consistent growth. Its innovative solutions to modern internet needs make it an interesting stock to watch. Levels to watch out for are above $115.00, and below $111.35.
Pinterest ($PINS): This social media platform has been growing in popularity and user base. It provides a unique blend of social networking and e-commerce which has proven successful in driving revenue. Levels to watch out for are above $37.40, and below $36.93.
Expedia ($EXPE): As travel restrictions ease globally, Expedia, a dominant player in the online travel industry, may see a boost in its business. The company's wide range of services and global presence make it a good stock to monitor. Levels to watch out for are above $136.99, and below $133.90.
Stay tuned for more updates from Stock Region!
Please remember, this information is subject to change and it's always recommended to do your own research or consult with a financial advisor before making investment decisions.
Disclaimer: This newsletter is not intended as investment advice. Please consult a financial advisor before making any investment decisions.