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Your Daily Trader's Watchlist

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learnpriceaction.com

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Thu, May 25, 2023 09:18 PM

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Today’s Biggest WinnerSovos Brands Inc Opening Price: $18.70 Day’s High: $18.92 % Gain: 1.

[Image] [DAILY WATCHLIST RECAP] Did You Win Today? Every morning, our Experts research and report on 3 stocks that they expect to win big. Here are today's results: [Image] Today’s Biggest WinnerSovos Brands Inc (SOVO) Opening Price: $18.70 Day’s High: $18.92 % Gain: 1.18%Sovos Brands, based in Colorado, has set a goal of reaching $1 billion in sales for Rao’s in the long term, and this is causing some short-term pops in the company’s stock.In the first quarter of the fiscal year, Rao’s sales reached $189.2 million, showing a significant increase of 37.7%. The overall sales for the group amounted to $252.8 million, with a 26.7% organic growth.Other products in Sovos Brands’ portfolio include Noosa yogurts and Michael Angelo’s Italian ready meals. According to Todd Lachman, the founder, president, and CEO, this quarter witnessed the largest increase in household penetration in the last three years.The growth can be attributed to robust distribution growth, particularly in the sauce segment, which saw a 22% increase. Higher brand awareness driven by substantial marketing efforts also contributed to the positive results.Other Picks TodayBorr Drilling Ltd (BORR) Opening Price: $7.55 Day’s High: $7.55 % Gain: 0%Opendoor Technologies Inc(OPEN) Opening Price: $2.69 Day’s High: $2.69 % Gain: 0% --------------------------------------------------------------- Want to make profits with a low-risk investment? [The Millionaire Weekend Routine]( While most traders focus their effort on Monday through Friday… According to veteran trader with over $7 million in profits, Tim Sykes: “I’ve been able to bring in gains like $8,780, $9,518, and even $16,159… thanks to one strange weekend anomaly.” [Go here to see it.]( --------------------------------------------------------------- 406 Media and Learn Price Action, is not giving individualized financial advice. Our trade picks are examples and are not actionable investments, trades, or recommendations. Never invest more than you are willing to lose. 406 Media and/or Learn Price Action is not giving financial, investment, or stock advice. Our content is designed for generalized informational purposes only. If you have specific questions about investments or stocks you should consult a licensed financial advisor. We might feature some stocks that are controversial or that you might personally want to invest in, these are examples of where recently we found opportunities for Price Action Trading, and are using them for educational purposes and demonstrations, again any stocks featured here are not recommendations or actionable trade alerts. Articles, News, Or Other published materials are not always the views of 406 Media and Learn Price Action. If you feel you are receiving these emails in error please email Support@learnpriceaction.com or click the unsubscribe button below. 406 Media LLC, 30 N GOULD ST STE R Sheridan WY United States 82801 To update contact information or unsubscribe from this list, please [click here](

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